Qinghai Jinrui Mineral Development Co., Ltd

Shanghai Stock Exchange 600714.SS

Qinghai Jinrui Mineral Development Co., Ltd Return on Equity (ROE) for the year ending December 31, 2023: 1.04%

Qinghai Jinrui Mineral Development Co., Ltd Return on Equity (ROE) is 1.04% for the year ending December 31, 2023, a -86.15% change year over year. Return on equity measures profit against shareholder equity; higher ROE indicates superior profitability and value creation.

Qinghai Jinrui Mineral Development Co., Ltd Return on Equity (ROE) for the year ending December 31, 2022 was 7.54%, a -31.87% change year over year.
Qinghai Jinrui Mineral Development Co., Ltd Return on Equity (ROE) for the year ending December 31, 2021 was 11.07%, a 1,817.74% change year over year.
Qinghai Jinrui Mineral Development Co., Ltd Return on Equity (ROE) for the year ending December 31, 2020 was 0.58%, a 137.72% change year over year.
Qinghai Jinrui Mineral Development Co., Ltd Return on Equity (ROE) for the year ending December 31, 2019 was -1.53%, a -142.05% change year over year.

Key data

Date	Return on Equity (ROE)	Return on Capital Employed (ROCE)	Interest Coverage Ratio	Debt to Equity Ratio

Shanghai Stock Exchange: 600714.SS

Qinghai Jinrui Mineral Development Co., Ltd

CEO	Mr. Li Junyan
IPO Date	June 6, 1996
Location	China
Headquarters	No. 36 Xinning Road
Employees	352
Sector	Industrials
Industries Petrochemicals Chemicals & Advanced Materials Semiconductors

Description

Qinghai Jinrui Mineral Development Co., Ltd produces and sells strontium salt series products. It is involved in the production and sales of strontium salt series products; and industrial grade and electronic grade strontium carbonate, metal strontium, aluminum strontium alloy, strontium nitrate, strontium hydroxide and by-products, sulfur, and sodium sulfite. The company also provides strontium salt, strontium hydroxide, strontium sulfate, compound, and sodium sulfate. Its products are used in electronics, metallurgy, chemical, aviation, automotive and other industrial fields, automobile and motorcycle industries, aviation, new energy, etc. The company was formerly known as Mountains in Qinghai Ferroalloy Co., Ltd and changed its name to Qinghai Jinrui Mineral Development Co., Ltd. Qinghai Jinrui Mineral Development Co., Ltd was incorporated in 1996 and is headquartered in Xining, China.

Key trends

Past 5 years