Earnings Alerts

China Northern Rare Earth Group High-Tech (600111) Earnings: Preliminary FY Net Income Hits 1.00B Yuan

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  • Northern Rare Earth reported a preliminary net income of 1.00 billion yuan for the fiscal year.
  • The company achieved a preliminary revenue of 32.97 billion yuan in the same period.
  • Analyst ratings indicate strong confidence in Northern Rare Earth, with 10 buy recommendations.
  • There are no hold or sell recommendations from analysts for the company, suggesting a positive outlook.

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

FactorScoreMagnitude
Value2
Dividend2
Growth3
Resilience3
Momentum4
OVERALL SMART SCORE2.8

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., formed as a consolidation of various mining, smelting, separation, and utilization companies in Inner Mongolia’s northern region, is attracting attention for its long-term prospects. Smartkarma Smart Scores have rated the company with a mixed outlook: Value and Dividend scores are moderate at 2, while Growth and Resilience scores stand at 3. However, the Momentum score shines at 4, indicating a positive trend in the company’s performance. This blend of scores suggests that while the company may not stand out in terms of value or dividends, its growth potential, resilience, and current momentum make it an intriguing prospect for investors looking towards the future.


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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