China Northern Rare Earth (Group) High-Tech Co 600111.SS · CNY
Materials · Shanghai · 🇨🇳 China
36.34
0.00%
Close of 9 Nov 2026, in CNY
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At a glance
Figures in CNY, from our data supplier.
Revenue
CN¥42.56bn
FY2016FY2025
Net income
CN¥2.25bn
FY2016FY2025
Free cash flow
−CN¥190.8m
FY2016FY2025
Shareholders' equity
CN¥24.66bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥42.56bn | CN¥32.97bn | CN¥33.50bn | CN¥37.26bn | CN¥30.41bn | CN¥21.90bn | CN¥18.09bn | CN¥13.95bn | CN¥10.20bn | CN¥5.11bn |
| Gross profit | CN¥5.20bn | CN¥3.09bn | CN¥4.57bn | CN¥9.59bn | CN¥8.43bn | CN¥2.73bn | CN¥2.04bn | CN¥1.94bn | CN¥1.76bn | CN¥1.06bn |
| Research and development | CN¥318.1m | CN¥308.5m | CN¥243.6m | CN¥254.8m | CN¥160.9m | CN¥109.5m | CN¥73.2m | CN¥53.3m | CN¥63.4m | CN¥50.6m |
| Operating income | CN¥3.79bn | CN¥1.84bn | CN¥3.24bn | CN¥7.45bn | CN¥6.71bn | CN¥1.29bn | CN¥1.01bn | CN¥1.17bn | CN¥819.6m | CN¥258.4m |
| Net income | CN¥2.25bn | CN¥1.00bn | CN¥2.37bn | CN¥5.98bn | CN¥5.13bn | CN¥912.3m | CN¥616.3m | CN¥583.8m | CN¥401.3m | CN¥90.8m |
| Diluted earnings per share | 0.62 | 0.28 | 0.66 | 1.66 | 1.42 | 0.25 | 0.17 | 0.16 | 0.11 | 0.02 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥48.13bn | CN¥45.38bn | CN¥40.50bn | CN¥36.65bn | CN¥34.71bn | CN¥25.53bn | CN¥23.25bn | CN¥23.82bn | CN¥20.69bn | CN¥15.71bn |
| Cash and short-term investments | — | CN¥6.13bn | CN¥5.69bn | CN¥4.95bn | CN¥7.23bn | CN¥3.99bn | CN¥2.61bn | CN¥3.24bn | CN¥5.03bn | CN¥2.88bn |
| Total liabilities | CN¥17.27bn | CN¥17.23bn | CN¥13.60bn | CN¥11.61bn | CN¥15.48bn | CN¥11.73bn | CN¥10.30bn | CN¥11.30bn | CN¥9.98bn | CN¥5.85bn |
| Debt | — | CN¥11.46bn | CN¥9.39bn | CN¥7.37bn | CN¥11.74bn | CN¥9.93bn | CN¥8.57bn | CN¥9.30bn | CN¥8.16bn | CN¥4.05bn |
| Shareholders' equity | CN¥24.66bn | CN¥22.43bn | CN¥21.62bn | CN¥19.83bn | CN¥15.35bn | CN¥10.43bn | CN¥9.65bn | CN¥9.29bn | CN¥8.91bn | CN¥8.36bn |
| Shares outstanding | 3,615m | 3,615m | 3,615m | 3,615m | 3,615m | 3,614m | 3,611m | 3,634m | 3,634m | 3,723m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥1.11bn | CN¥1.03bn | CN¥2.43bn | CN¥4.74bn | CN¥3.79bn | CN¥578.3m | CN¥887.9m | −CN¥699.0m | −CN¥1.81bn | CN¥101.0m |
| Capital spending | −CN¥1.31bn | −CN¥1.69bn | −CN¥1.11bn | −CN¥1.01bn | −CN¥328.8m | −CN¥151.4m | −CN¥206.5m | −CN¥188.3m | −CN¥216.0m | −CN¥151.2m |
| Free cash flow | −CN¥190.8m | −CN¥662.8m | CN¥1.31bn | CN¥3.73bn | CN¥3.46bn | CN¥426.8m | CN¥681.3m | −CN¥887.3m | −CN¥2.03bn | −CN¥50.2m |
| Dividends paid | −CN¥351.1m | −CN¥505.4m | −CN¥614.6m | −CN¥1.61bn | −CN¥253.1m | −CN¥343.2m | −CN¥181.7m | −CN¥542.8m | −CN¥213.9m | −CN¥209.1m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥13.94bn | CN¥11.86bn | CN¥12.27bn | CN¥11.43bn | CN¥9.58bn | CN¥9.29bn | CN¥11.41bn | CN¥8.57bn |
| Gross profit | CN¥2.31bn | CN¥1.57bn | CN¥1.69bn | CN¥1.19bn | CN¥1.26bn | CN¥1.04bn | CN¥1.14bn | CN¥985.0m |
| Operating income | CN¥1.92bn | CN¥1.28bn | CN¥1.17bn | CN¥843.4m | CN¥848.2m | CN¥689.9m | CN¥836.6m | CN¥670.7m |
| Net income | CN¥1.14bn | CN¥917.7m | CN¥709.9m | CN¥610.0m | CN¥500.7m | CN¥430.6m | CN¥599.0m | CN¥359.9m |
| Diluted earnings per share | 0.31 | 0.25 | 0.20 | 0.17 | 0.14 | 0.12 | 0.17 | 0.10 |
| Cash from operations | — | — | — | CN¥1.81bn | CN¥515.0m | CN¥410.0m | −CN¥506.0m | CN¥1.50bn |
| Capital spending | −CN¥355.0m | −CN¥178.0m | −CN¥330.0m | −CN¥327.0m | −CN¥203.0m | −CN¥444.0m | −CN¥745.0m | −CN¥449.0m |
| Free cash flow | — | — | — | CN¥1.48bn | CN¥312.0m | −CN¥34.0m | −CN¥1.25bn | CN¥1.05bn |
| Total assets | CN¥51.72bn | CN¥50.53bn | CN¥48.13bn | CN¥47.71bn | CN¥47.32bn | CN¥46.23bn | CN¥45.38bn | CN¥41.91bn |
| Cash and short-term investments | — | — | — | CN¥7.06bn | CN¥6.36bn | CN¥5.85bn | CN¥6.13bn | CN¥6.58bn |
| Debt | CN¥4.29bn | CN¥3.80bn | CN¥3.95bn | CN¥5.17bn | CN¥6.99bn | CN¥9.99bn | CN¥7.34bn | CN¥5.95bn |
| Shareholders' equity | CN¥26.25bn | CN¥25.58bn | CN¥24.66bn | CN¥23.89bn | CN¥23.26bn | CN¥22.87bn | CN¥22.43bn | CN¥21.86bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 4.5% | 14.2% | 20.6% |
| Operating income | -20.1% | 24.1% | 29.8% |
| Net income | -27.8% | 19.8% | 21.3% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 11.0% | 15.3% | 16.9% | 16.5% |
| Operating margin | 7.5% | 11.2% | 12.2% | 11.0% |
| Net margin | 4.3% | 7.9% | 8.9% | 7.8% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 74.1 | 76.4 | 29.5 | 15.1 | 32.3 | 51.9 | 63.5 | 54.6 | 132.1 | — |
| Price to sales | 3.9 | 2.3 | 2.1 | 2.4 | 5.4 | 2.2 | 2.2 | 2.3 | 5.2 | 8.9 |
Dividends and splits
Per share, in the currency the company pays
Paid for 5 years. Last went ex-dividend on 11 Jun 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.13 | 0.035 | 0.07 | 0.17 | 0.445 | 0.07 | 0.05 | 0.035 |
- 3-for-2 split · 11 May 2015
- 2-for-1 split · 4 May 2012
- 3-for-2 split · 12 May 2011
- 2-for-1 split · 15 May 2008
- 1-to-1 reverse split · 13 Apr 2006
- 7-for-5 split · 29 May 1998
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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