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

Shanghai Stock Exchange 600111.SS

China Northern Rare Earth (Group) High-Tech Co.,Ltd Return on Equity (ROE) for the year ending December 31, 2023: 10.97%

China Northern Rare Earth (Group) High-Tech Co.,Ltd Return on Equity (ROE) is 10.97% for the year ending December 31, 2023, a -63.66% change year over year. Return on equity measures profit against shareholder equity; higher ROE indicates superior profitability and value creation.
  • China Northern Rare Earth (Group) High-Tech Co.,Ltd Return on Equity (ROE) for the year ending December 31, 2022 was 30.18%, a -9.72% change year over year.
  • China Northern Rare Earth (Group) High-Tech Co.,Ltd Return on Equity (ROE) for the year ending December 31, 2021 was 33.42%, a 282.01% change year over year.
  • China Northern Rare Earth (Group) High-Tech Co.,Ltd Return on Equity (ROE) for the year ending December 31, 2020 was 8.75%, a 36.97% change year over year.
  • China Northern Rare Earth (Group) High-Tech Co.,Ltd Return on Equity (ROE) for the year ending December 31, 2019 was 6.39%, a 1.63% change year over year.
Key data
Date Return on Equity (ROE) Return on Capital Employed (ROCE) Interest Coverage Ratio Debt to Equity Ratio
Market news
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SV Wall Street
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
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.

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StockViz Staff

February 3, 2025

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