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) - Total Assets
Latest total assets as of September 2025: CN¥47.71 Billion CNY
Based on the latest financial reports, China Northern Rare Earth Group High-Tech Co Ltd (600111) holds total assets worth CN¥47.71 Billion CNY as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
China Northern Rare Earth Group High-Tech Co Ltd - Total Assets Trend (1994–2024)
This chart illustrates how China Northern Rare Earth Group High-Tech Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
China Northern Rare Earth Group High-Tech Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
China Northern Rare Earth Group High-Tech Co Ltd's total assets of CN¥47.71 Billion consist of 69.8% current assets and 30.2% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 12.4% |
| Accounts Receivable | CN¥8.17 Billion | 18.0% |
| Inventory | CN¥15.98 Billion | 35.2% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥622.21 Million | 1.4% |
| Goodwill | CN¥31.75 Million | 0.1% |
Asset Composition Trend (1994–2024)
This chart illustrates how China Northern Rare Earth Group High-Tech Co Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: China Northern Rare Earth Group High-Tech Co Ltd's current assets represent 69.8% of total assets in 2024, an increase from 24.0% in 1994.
- Cash Position: Cash and equivalents constituted 12.4% of total assets in 2024, up from 0.0% in 1994.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 1994.
- Asset Diversification: The largest asset category is inventory at 35.2% of total assets.
China Northern Rare Earth Group High-Tech Co Ltd Competitors by Total Assets
Key competitors of China Northern Rare Earth Group High-Tech Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Galileo Resources Plc
LSE:GLR
|
UK | GBX14.28 Million |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
China | CN¥48.31 Billion |
|
Shengda Mining Co Ltd
SHE:000603
|
China | CN¥7.11 Billion |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
|
China | CN¥14.74 Billion |
|
China Tungsten and Hightech Materials Co Ltd
SHE:000657
|
China | CN¥20.78 Billion |
|
Guocheng Mining Co Ltd
SHE:000688
|
China | CN¥8.41 Billion |
|
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd
SHE:000758
|
China | CN¥23.09 Billion |
|
Huludao Zinc Industry Co Ltd
SHE:000751
|
China | CN¥10.04 Billion |
China Northern Rare Earth Group High-Tech Co Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - China Northern Rare Earth Group High-Tech Co Ltd generates 0.73x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, China Northern Rare Earth Group High-Tech Co Ltd generates $ 2.21 in net profit.
China Northern Rare Earth Group High-Tech Co Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.72 | 3.13 | 4.54 |
| Quick Ratio | 1.57 | 1.73 | 2.35 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥21.02 Billion | CN¥ 19.79 Billion | CN¥ 14.42 Billion |
China Northern Rare Earth Group High-Tech Co Ltd - Advanced Valuation Insights
This section examines the relationship between China Northern Rare Earth Group High-Tech Co Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 8.12 |
| Latest Market Cap to Assets Ratio | 0.32 |
| Asset Growth Rate (YoY) | 12.1% |
| Total Assets | CN¥45.38 Billion |
| Market Capitalization | $14.43 Billion USD |
Valuation Analysis
Below Book Valuation: The market values China Northern Rare Earth Group High-Tech Co Ltd's assets below their book value (0.32 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: China Northern Rare Earth Group High-Tech Co Ltd's assets grew by 12.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for China Northern Rare Earth Group High-Tech Co Ltd (1994–2024)
The table below shows the annual total assets of China Northern Rare Earth Group High-Tech Co Ltd from 1994 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥45.38 Billion | +12.06% |
| 2023-12-31 | CN¥40.50 Billion | +10.51% |
| 2022-12-31 | CN¥36.65 Billion | +5.58% |
| 2021-12-31 | CN¥34.71 Billion | +35.95% |
| 2020-12-31 | CN¥25.53 Billion | +9.80% |
| 2019-12-31 | CN¥23.25 Billion | -2.40% |
| 2018-12-31 | CN¥23.82 Billion | +15.14% |
| 2017-12-31 | CN¥20.69 Billion | +31.69% |
| 2016-12-31 | CN¥15.71 Billion | +7.41% |
| 2015-12-31 | CN¥14.63 Billion | -17.74% |
| 2014-12-31 | CN¥17.78 Billion | -4.16% |
| 2013-12-31 | CN¥18.55 Billion | +4.58% |
| 2012-12-31 | CN¥17.74 Billion | +19.73% |
| 2011-12-31 | CN¥14.82 Billion | +66.87% |
| 2010-12-31 | CN¥8.88 Billion | +35.53% |
| 2009-12-31 | CN¥6.55 Billion | +12.30% |
| 2008-12-31 | CN¥5.83 Billion | +57.54% |
| 2007-12-31 | CN¥3.70 Billion | +46.93% |
| 2006-12-31 | CN¥2.52 Billion | +24.77% |
| 2005-12-31 | CN¥2.02 Billion | -1.77% |
| 2004-12-31 | CN¥2.06 Billion | +2.36% |
| 2003-12-31 | CN¥2.01 Billion | +43.30% |
| 2002-12-31 | CN¥1.40 Billion | +8.35% |
| 2001-12-31 | CN¥1.29 Billion | +5.77% |
| 2000-12-31 | CN¥1.22 Billion | +58.14% |
| 1999-12-31 | CN¥773.41 Million | +9.05% |
| 1998-12-31 | CN¥709.22 Million | +8.35% |
| 1997-12-31 | CN¥654.53 Million | +138.17% |
| 1996-12-31 | CN¥274.82 Million | +20.92% |
| 1995-12-31 | CN¥227.28 Million | +21.75% |
| 1994-12-31 | CN¥186.68 Million | -- |