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Home/Stocks/600111.SS
SSE · China · Other Industrial Metals & Mining

600111.SS China Northern Rare Earth

Largest light rare-earth producer

Tight but sold off Its supply chain is tightening but the stock is below its 50-day average — price and fundamentals disagree. (automatic: supply-chain trend + price vs 50-day average)
Last close (delayed) · 2026-10-26
¥36.29
−0.66% today
1W
+3.0%
1M
−1.2%
3M
−7.8%
YTD
−21.1%
1Y
−37.0%
Off 52w high
−41.7%
Market cap¥132B≈ $19.83B
P/E (trailing)38.5Forward 25.2
EV / sales2.9×EV/EBITDA 23.9×
Revenue (TTM)¥49.50BGrowth 45.5% y/y
Margins13.2%gross · op 12.6%
Free cash flow-¥324MCash ¥5.28B · debt ¥9.20B
Analyst target¥58.14+60.2% upside · 6 analysts · buy
Riskβ 0.93Short — of float · yield 0.36%

Fundamentals from public market data, refreshed daily (2026-10-24 02:59 UTC). Figures in reporting currency.

600111.SS · price with what management and the data said

Supply tighteningBeat / raiseMiss / cutData releaseEasing Hover a numbered marker for details · dashed lines = 50- and 200-day averages

Timeline: management commentary, data & earnings

8 events
  1. 8
    2026-10-23EarningsBeat / raise

    Reported EPS 0.44 vs 0.31 expected (+41.0% surprise).

  2. 7
    2024-04-29EarningsMiss / cut

    Reported EPS 0.01 vs 0.17 expected (-91.3% surprise).

  3. 6
    2024-04-18EarningsBeat / raise

    Reported EPS 0.28 vs 0.15 expected (+92.8% surprise).

  4. 5
    2023-10-23EarningsMiss / cut

    Reported EPS 0.09 vs 0.59 expected (-84.7% surprise).

  5. 4
    2023-08-18EarningsMiss / cut

    Reported EPS 0.03 vs 0.49 expected (-93.9% surprise).

  6. 3
    2023-04-28EarningsMiss / cut

    Reported EPS 0.25 vs 0.44 expected (-44.1% surprise).

  7. 2
    2023-04-21EarningsMiss / cut

    Reported EPS 0.44 vs 0.6 expected (-26.5% surprise).

  8. 1
    2022-10-20EarningsMiss / cut

    Reported EPS 0.43 vs 0.56 expected (-23.0% surprise).

Earnings history

EPS vs expectations
DateExpected EPSReported EPSSurprise
2026-10-230.310.44+41.0%
2024-04-290.170.01−91.3%
2024-04-180.150.28+92.8%
2023-10-230.590.09−84.7%
2023-08-180.490.03−93.9%
2023-04-280.440.25−44.1%
2023-04-210.60.44−26.5%
2022-10-200.560.43−23.0%
2022-07-210.470.34−27.8%
2016-08-180.020.01−65.0%
2016-04-150.040.02−50.0%
2015-10-220.070.01−85.2%
2015-08-210.080.04−51.1%
2015-04-240.060.02−63.7%
2015-04-020.060.07+9.5%
2014-10-240.130.03−76.8%
2014-08-250.140.05−63.3%
2014-04-150.10.02−81.1%
2014-03-130.050.05+1.9%
2013-10-240.110.07−32.2%
2013-08-150.10.21+105.7%
2013-04-190.060.07+3.7%
2013-03-290.06-0.05−186.8%

About China Northern Rare Earth

Website ↗

China Northern Rare Earth (Group) High-Tech Co.,Ltd produces and sells rare earth metals in China and internationally. The company offers rare earth salts, rare earth oxides, and rare earth golds. It also provides rare earth new material products, such as rare earth magnetic, polishing, hydrogen storage, and catalytic materials; rare earth composites; rare earth alloys; and rare earth end-use products comprising earth permanent magnet high-efficiency energy-saving motors, solid-state hydrogen-powered two-wheeled vehicles, etc. 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 headquartered in Baotou, China.

10,948 employees · Baotou, China

China controls most rare-earth separation and magnet production and has used export licensing. Every motor, robot and drone depends on it.

Mine→Separation→Metal→Magnet

What would prove us wrong. Weakens if non-China separation and magnet plants reach nameplate on schedule.

Peers at the same bottleneck

Who else supplies this

StockRoleLast1D1MYTDTrend
MP
MP Materials
US rare-earth mine and magnet plant $37.91−1.03%−22.4%−25.0%
LYC.AX
Lynas Rare Earths
Largest non-China rare-earth separator A$11.27+5.23%−20.8%−9.4%
ILU.AX
Iluka Resources
Rare-earth refinery under construction A$5.07+2.22%−13.6%−11.7%
NEO.TO
Neo Performance Materials
Magnet plant in Estonia C$24.80+1.81%−23.4%+61.0%
USAR
USA Rare Earth
US magnet manufacturing $9.16−1.77%−39.6%−23.0%

Not investment advice. Prices delayed and in local currency. Quotes in "double quotes" are verbatim as reported by the linked source; other commentary is our paraphrase. Earnings dates are estimates.