China Northern Rare Earth (Group) High-Tech Co.,Ltd

Shanghai Stock Exchange 600111.SS

China Northern Rare Earth (Group) High-Tech Co.,Ltd Interest Coverage Ratio for the year ending December 31, 2023: 12.88

China Northern Rare Earth (Group) High-Tech Co.,Ltd Interest Coverage Ratio is 12.88 for the year ending December 31, 2023, a -42.14% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

China Northern Rare Earth (Group) High-Tech Co.,Ltd Interest Coverage Ratio for the year ending December 31, 2022 was 22.26, a 37.97% change year over year.
China Northern Rare Earth (Group) High-Tech Co.,Ltd Interest Coverage Ratio for the year ending December 31, 2021 was 16.14, a 309.78% change year over year.
China Northern Rare Earth (Group) High-Tech Co.,Ltd Interest Coverage Ratio for the year ending December 31, 2020 was 3.94, a 24.45% change year over year.
China Northern Rare Earth (Group) High-Tech Co.,Ltd Interest Coverage Ratio for the year ending December 31, 2019 was 3.16, a 0.63% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

Shanghai Stock Exchange: 600111.SS

China Northern Rare Earth (Group) High-Tech Co.,Ltd

CEO	Mr. Yedong Qu
IPO Date	Sept. 24, 1997
Location	China
Headquarters	No. 83, Huanghe Road
Employees	9,866
Sector	Materials
Industries Lithium Ceramics Chemicals & Advanced Materials Coal Gold Metals Mining Steel

Description

China Northern Rare Earth (Group) High-Tech Co.,Ltd produces and sells rare earth raw materials in China and internationally. It offers rare earth salts, oxides, and metals; rare earth functional materials, such as rare earth magnetic, polishing, hydrogen storage, luminescent, and catalytic materials; and rare earth products in the areas of nickel-hydrogen power batteries, rare earth permanent magnetic resonance instruments, and LED lamp beads. The company was formerly known as Inner Mongolia Baotou Steel Rare-Earth (Group) Hi-Tech Co., Ltd. and changed its name to China Northern Rare Earth (Group) High-Tech Co.,Ltd in January 2015. China Northern Rare Earth (Group) High-Tech Co.,Ltd was founded in 1961 and is based in Baotou, China.

Key trends

Past 5 years