Earnings Alerts

Earnings Analysis: China Northern Rare Earth Group High-Tech (600111) Reports FY Net Income of 2.37B Yuan

  • Northern Rare Earth’s Fiscal Year net income totalled 2.37 billion yuan
  • The reported revenue for the company was a substantial 33.50 billion yuan
  • A final dividend per share of 7.0 RMB cents was announced
  • The company’s stocks were favourably received with 11 purchases, zero holds and zero sells

A look at China Northern Rare Earth Group High-Tech Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth5
Resilience3
Momentum4
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

China Northern Rare Earth Group High-Tech Co. Ltd., a company formed by the integration of various mining, smelting, separation, and utilization entities in Inner Mongolia, shows promising long-term prospects based on its Smartkarma Smart Scores. With a solid Growth score of 5, the company is positioned for expansion and advancement in the industry. This indicates a positive trajectory for future development and market relevance for China Northern Rare Earth Group High-Tech.

Furthermore, the company’s Momentum score of 4 suggests favorable market momentum and investor sentiment, indicating that it is gaining traction with potential growth opportunities. While the company also demonstrates moderate scores in Value and Dividend (2 and 3, respectively) along with Resilience (3), its strengths in Growth and Momentum bode well for its future performance and competitiveness in the market.

Summary: China Northern Rare Earth Group High-Tech Co. Ltd. is a consolidation of mining, smelting, separation, and utilization companies operating in the northern region of Inner Mongolia. The company shows strong potential for growth and market momentum based on its Smartkarma Smart Scores, particularly in the areas of Growth and Momentum, indicating a positive outlook for its future prospects.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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