China Northern Rare Earth Group High-Tech Co Ltd
China Northern Rare Earth (Group) High-Tech Co.,Ltd produces and sells rare earth raw materials in China, Asia, the Americas, Europe, and internationally. The company offers rare earth salts, rare earth oxides, and rare earth metals. It also provides rare earth functional material products, such as rare earth magnetic, polishing, hydrogen storage, and catalytic materials; and rare earth terminal … Read more
China Northern Rare Earth Group High-Tech Co Ltd (600111) - Net Assets
Latest net assets as of September 2025: CN¥30.15 Billion CNY
Based on the latest financial reports, China Northern Rare Earth Group High-Tech Co Ltd (600111) has net assets worth CN¥30.15 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥47.71 Billion) and total liabilities (CN¥17.57 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥30.15 Billion |
| % of Total Assets | 63.18% |
| Annual Growth Rate | 24.08% |
| 5-Year Change | 104.1% |
| 10-Year Change | 182.43% |
| Growth Volatility | 106.41 |
China Northern Rare Earth Group High-Tech Co Ltd - Net Assets Trend (1994–2024)
This chart illustrates how China Northern Rare Earth Group High-Tech Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for China Northern Rare Earth Group High-Tech Co Ltd (1994–2024)
The table below shows the annual net assets of China Northern Rare Earth Group High-Tech Co Ltd from 1994 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥28.16 Billion | +4.66% |
| 2023-12-31 | CN¥26.90 Billion | +7.47% |
| 2022-12-31 | CN¥25.03 Billion | +30.21% |
| 2021-12-31 | CN¥19.22 Billion | +39.35% |
| 2020-12-31 | CN¥13.79 Billion | +6.50% |
| 2019-12-31 | CN¥12.95 Billion | +3.42% |
| 2018-12-31 | CN¥12.52 Billion | +16.93% |
| 2017-12-31 | CN¥10.71 Billion | +8.62% |
| 2016-12-31 | CN¥9.86 Billion | -1.08% |
| 2015-12-31 | CN¥9.97 Billion | -2.38% |
| 2014-12-31 | CN¥10.21 Billion | -1.36% |
| 2013-12-31 | CN¥10.35 Billion | +3.56% |
| 2012-12-31 | CN¥10.00 Billion | +9.37% |
| 2011-12-31 | CN¥9.14 Billion | +110.91% |
| 2010-12-31 | CN¥4.33 Billion | +69.45% |
| 2009-12-31 | CN¥2.56 Billion | +13.25% |
| 2008-12-31 | CN¥2.26 Billion | +17.98% |
| 2007-12-31 | CN¥1.91 Billion | +33.22% |
| 2006-12-31 | CN¥1.44 Billion | +9.42% |
| 2005-12-31 | CN¥1.31 Billion | +2.17% |
| 2004-12-31 | CN¥1.29 Billion | +2.38% |
| 2003-12-31 | CN¥1.26 Billion | +8.38% |
| 2002-12-31 | CN¥1.16 Billion | +5.81% |
| 2001-12-31 | CN¥1.09 Billion | +1.70% |
| 2000-12-31 | CN¥1.08 Billion | +62.10% |
| 1999-12-31 | CN¥663.96 Million | +9.41% |
| 1998-12-31 | CN¥606.85 Million | +2.49% |
| 1997-12-31 | CN¥592.08 Million | +594.75% |
| 1996-12-31 | CN¥85.22 Million | +60.85% |
| 1995-12-31 | CN¥52.98 Million | +21.88% |
| 1994-12-31 | CN¥43.47 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to China Northern Rare Earth Group High-Tech Co Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1896201.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥15.84 Billion | 70.60% |
| Common Stock | CN¥3.62 Billion | 16.12% |
| Other Comprehensive Income | CN¥2.98 Billion | 13.28% |
| Total Equity | CN¥22.43 Billion | 100.00% |
China Northern Rare Earth Group High-Tech Co Ltd Competitors by Market Cap
The table below lists competitors of China Northern Rare Earth Group High-Tech Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CSPC Pharmaceutical Group Limited
PINK:CSPCY
|
$14.45 Billion |
|
Tower Semiconductor Ltd
NASDAQ:TSEM
|
$14.48 Billion |
|
Pentair PLC
NYSE:PNR
|
$14.48 Billion |
|
CK Asset Holdings Limited
PINK:CNGKY
|
$14.49 Billion |
|
NN Group N.V
PINK:NNGPF
|
$14.43 Billion |
|
Bureau Veritas SA
PINK:BVVBY
|
$14.42 Billion |
|
Teck Resources Limited
PINK:TCKRF
|
$14.35 Billion |
|
CLP Holdings Ltd
PINK:CLPHY
|
$14.34 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Northern Rare Earth Group High-Tech Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 21,619,357,642 to 22,431,731,792, a change of 812,374,150 (3.8%).
- Net income of 1,004,276,930 contributed positively to equity growth.
- Dividend payments of 505,408,911 reduced retained earnings.
- Other comprehensive income increased equity by 147,674,365.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.00 Billion | +4.48% |
| Dividends Paid | CN¥505.41 Million | -2.25% |
| Other Comprehensive Income | CN¥147.67 Million | +0.66% |
| Other Changes | CN¥165.83 Million | +0.74% |
| Total Change | CN¥- | 3.76% |
Book Value vs Market Value Analysis
This analysis compares China Northern Rare Earth Group High-Tech Co Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 8.19x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 4246.30x to 8.19x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-12-31 | CN¥0.01 | CN¥50.82 | x |
| 1995-12-31 | CN¥0.01 | CN¥50.82 | x |
| 1996-12-31 | CN¥0.02 | CN¥50.82 | x |
| 1997-12-31 | CN¥0.16 | CN¥50.82 | x |
| 1998-12-31 | CN¥0.17 | CN¥50.82 | x |
| 1999-12-31 | CN¥0.18 | CN¥50.82 | x |
| 2000-12-31 | CN¥0.28 | CN¥50.82 | x |
| 2001-12-31 | CN¥0.28 | CN¥50.82 | x |
| 2002-12-31 | CN¥0.29 | CN¥50.82 | x |
| 2003-12-31 | CN¥0.30 | CN¥50.82 | x |
| 2004-12-31 | CN¥0.31 | CN¥50.82 | x |
| 2005-12-31 | CN¥0.32 | CN¥50.82 | x |
| 2006-12-31 | CN¥0.34 | CN¥50.82 | x |
| 2007-12-31 | CN¥0.42 | CN¥50.82 | x |
| 2008-12-31 | CN¥0.45 | CN¥50.82 | x |
| 2009-12-31 | CN¥0.47 | CN¥50.82 | x |
| 2010-12-31 | CN¥0.67 | CN¥50.82 | x |
| 2011-12-31 | CN¥1.57 | CN¥50.82 | x |
| 2012-12-31 | CN¥1.86 | CN¥50.82 | x |
| 2013-12-31 | CN¥2.26 | CN¥50.82 | x |
| 2014-12-31 | CN¥2.30 | CN¥50.82 | x |
| 2015-12-31 | CN¥2.32 | CN¥50.82 | x |
| 2016-12-31 | CN¥2.30 | CN¥50.82 | x |
| 2017-12-31 | CN¥2.45 | CN¥50.82 | x |
| 2018-12-31 | CN¥2.56 | CN¥50.82 | x |
| 2019-12-31 | CN¥2.67 | CN¥50.82 | x |
| 2020-12-31 | CN¥2.88 | CN¥50.82 | x |
| 2021-12-31 | CN¥4.25 | CN¥50.82 | x |
| 2022-12-31 | CN¥5.49 | CN¥50.82 | x |
| 2023-12-31 | CN¥5.98 | CN¥50.82 | x |
| 2024-12-31 | CN¥6.21 | CN¥50.82 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Northern Rare Earth Group High-Tech Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 4.48%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.05%
- • Asset Turnover: 0.73x
- • Equity Multiplier: 2.02x
- Recent ROE (4.48%) is below the historical average (18.05%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 38.82% | 15.52% | 0.58x | 4.29x | CN¥12.53 Million |
| 1995 | 113.15% | 29.94% | 0.88x | 4.29x | CN¥54.65 Million |
| 1996 | 52.93% | 18.12% | 0.91x | 3.22x | CN¥36.58 Million |
| 1997 | 12.02% | 35.23% | 0.31x | 1.11x | CN¥11.95 Million |
| 1998 | 12.46% | 33.20% | 0.32x | 1.17x | CN¥14.95 Million |
| 1999 | 9.55% | 25.81% | 0.32x | 1.16x | CN¥-2.99 Million |
| 2000 | 10.08% | 25.72% | 0.32x | 1.22x | CN¥790.43K |
| 2001 | 7.90% | 25.54% | 0.24x | 1.27x | CN¥-21.44 Million |
| 2002 | 6.12% | 21.51% | 0.22x | 1.32x | CN¥-41.32 Million |
| 2003 | 3.43% | 7.56% | 0.25x | 1.82x | CN¥-72.46 Million |
| 2004 | 1.94% | 2.75% | 0.39x | 1.83x | CN¥-90.68 Million |
| 2005 | 1.14% | 1.48% | 0.44x | 1.76x | CN¥-101.40 Million |
| 2006 | 5.90% | 5.45% | 0.53x | 2.05x | CN¥-50.33 Million |
| 2007 | 20.31% | 12.33% | 0.68x | 2.44x | CN¥156.40 Million |
| 2008 | 10.23% | 5.48% | 0.53x | 3.53x | CN¥3.87 Million |
| 2009 | 3.25% | 2.15% | 0.40x | 3.82x | CN¥-115.89 Million |
| 2010 | 30.82% | 14.29% | 0.59x | 3.64x | CN¥507.41 Million |
| 2011 | 61.07% | 30.59% | 0.77x | 2.60x | CN¥2.91 Billion |
| 2012 | 22.27% | 16.34% | 0.52x | 2.62x | CN¥832.13 Million |
| 2013 | 18.44% | 17.83% | 0.46x | 2.26x | CN¥691.72 Million |
| 2014 | 7.69% | 11.01% | 0.33x | 2.13x | CN¥-193.61 Million |
| 2015 | 3.89% | 4.97% | 0.45x | 1.75x | CN¥-512.13 Million |
| 2016 | 1.09% | 1.78% | 0.33x | 1.88x | CN¥-745.09 Million |
| 2017 | 4.51% | 3.93% | 0.49x | 2.32x | CN¥-489.49 Million |
| 2018 | 6.29% | 4.18% | 0.59x | 2.56x | CN¥-345.00 Million |
| 2019 | 6.39% | 3.41% | 0.78x | 2.41x | CN¥-348.44 Million |
| 2020 | 8.75% | 4.17% | 0.86x | 2.45x | CN¥-130.37 Million |
| 2021 | 33.42% | 16.87% | 0.88x | 2.26x | CN¥3.60 Billion |
| 2022 | 30.18% | 16.06% | 1.02x | 1.85x | CN¥4.00 Billion |
| 2023 | 10.97% | 7.08% | 0.83x | 1.87x | CN¥208.80 Million |
| 2024 | 4.48% | 3.05% | 0.73x | 2.02x | CN¥-1.24 Billion |
Industry Comparison
This section compares China Northern Rare Earth Group High-Tech Co Ltd's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $4,050,550,397
- Average return on equity (ROE) among peers: -2.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Northern Rare Earth Group High-Tech Co Ltd (600111) | CN¥30.15 Billion | 38.82% | 0.58x | $14.43 Billion |
| Shenzhen Zhongjin Lingnan Nonfemet Co Ltd (000060) | $12.84 Billion | 7.75% | 0.90x | $2.31 Billion |
| Shengda Mining Co Ltd (000603) | $137.02 Million | -70.66% | 1.02x | $2.08 Billion |
| Pangang Group Vanadium Titanium & Resources Co Ltd (000629) | $8.87 Billion | 10.35% | 1.29x | $2.61 Billion |
| China Tungsten and Hightech Materials Co Ltd (000657) | $5.63 Billion | 9.36% | 0.74x | $11.02 Billion |
| Guocheng Mining Co Ltd (000688) | $1.04 Billion | 2.34% | 0.72x | $1.64 Billion |
| Huludao Zinc Industry Co Ltd (000751) | $-3.38 Billion | 0.00% | 0.00x | $885.40 Million |
| China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd (000758) | $8.99 Billion | 0.24% | 1.46x | $1.24 Billion |
| Tibet Mineral Development Co Ltd (000762) | $2.60 Billion | 5.40% | 0.11x | $1.57 Billion |
| Innuovo Technology Co Ltd Class A (000795) | $2.00 Billion | 1.73% | 0.26x | $694.51 Million |
| Yunnan Tin Co Ltd (000960) | $1.77 Billion | 11.99% | 1.41x | $4.62 Billion |