C

China Northern Rare Earth Group High-Tech Co Ltd
SSE:600111

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China Northern Rare Earth Group High-Tech Co Ltd
SSE:600111
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Price: 23.63 CNY 0.9% Market Closed
Market Cap: 85.4B CNY
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Income Statement

Earnings Waterfall
China Northern Rare Earth Group High-Tech Co Ltd

Revenue
30B CNY
Cost of Revenue
-26.5B CNY
Gross Profit
3.5B CNY
Operating Expenses
-1.1B CNY
Operating Income
2.4B CNY
Other Expenses
-1B CNY
Net Income
1.4B CNY

Income Statement
China Northern Rare Earth Group High-Tech Co Ltd

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Income Statement
Currency: CNY
Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024
Revenue
Revenue
6 025
N/A
5 507
-9%
5 838
+6%
6 445
+10%
6 678
+4%
6 534
-2%
6 549
+0%
5 651
-14%
5 542
-2%
5 622
+1%
5 113
-9%
6 248
+22%
6 971
+12%
8 642
+24%
10 204
+18%
11 295
+11%
11 822
+5%
12 427
+5%
13 955
+12%
14 890
+7%
16 780
+13%
18 723
+12%
18 092
-3%
18 696
+3%
19 183
+3%
19 536
+2%
21 246
+9%
23 059
+9%
26 356
+14%
29 808
+13%
30 408
+2%
33 845
+11%
35 817
+6%
34 315
-4%
37 260
+9%
36 682
-2%
33 614
-8%
34 185
+2%
33 497
-2%
30 027
-10%
30 004
0%
Gross Profit
Cost of Revenue
(3 858)
(3 433)
(4 222)
(4 412)
(4 712)
(4 774)
(5 271)
(4 404)
(4 388)
(4 473)
(4 052)
(5 107)
(5 667)
(6 885)
(8 444)
(9 367)
(9 944)
(10 778)
(12 020)
(13 017)
(14 777)
(16 645)
(16 056)
(16 692)
(17 160)
(17 397)
(18 797)
(19 734)
(21 430)
(23 667)
(21 979)
(24 202)
(25 815)
(23 453)
(27 673)
(27 929)
(26 588)
(29 041)
(28 930)
(26 275)
(26 470)
Gross Profit
2 167
N/A
2 074
-4%
1 616
-22%
2 033
+26%
1 966
-3%
1 760
-10%
1 278
-27%
1 247
-2%
1 155
-7%
1 149
-1%
1 061
-8%
1 141
+8%
1 304
+14%
1 757
+35%
1 760
+0%
1 928
+10%
1 879
-3%
1 649
-12%
1 935
+17%
1 873
-3%
2 003
+7%
2 078
+4%
2 035
-2%
2 005
-1%
2 023
+1%
2 140
+6%
2 449
+14%
3 326
+36%
4 926
+48%
6 141
+25%
8 430
+37%
9 643
+14%
10 002
+4%
10 862
+9%
9 587
-12%
8 753
-9%
7 026
-20%
5 144
-27%
4 567
-11%
3 752
-18%
3 534
-6%
Operating Income
Operating Expenses
(1 303)
(1 336)
(939)
(1 219)
(1 165)
(1 198)
(844)
(1 078)
(1 010)
(893)
(804)
(720)
(680)
(708)
(715)
(749)
(727)
(776)
(778)
(802)
(909)
(911)
(854)
(828)
(841)
(871)
(849)
(950)
(1 119)
(1 156)
(1 261)
(1 152)
(1 295)
(1 677)
(1 616)
(2 011)
(1 973)
(1 567)
(1 166)
(1 378)
(1 145)
Selling, General & Administrative
(882)
(887)
(784)
(823)
(845)
(872)
(690)
(771)
(695)
(599)
(653)
(623)
(652)
(682)
(711)
(702)
(678)
(740)
(725)
(748)
(870)
(865)
(830)
(849)
(854)
(864)
(759)
(840)
(940)
(988)
(1 122)
(1 114)
(1 256)
(1 215)
(1 205)
(1 087)
(912)
(920)
(1 139)
(1 092)
(1 039)
Research & Development
0
0
(55)
0
0
0
(55)
0
0
0
(51)
0
0
0
(63)
0
0
0
(51)
(66)
(80)
(101)
(71)
(75)
(78)
(85)
(105)
(135)
(156)
(179)
(153)
(178)
(205)
(235)
(248)
(245)
(270)
(245)
(234)
(260)
(199)
Depreciation & Amortization
0
0
(93)
0
0
0
(96)
0
0
0
(99)
0
0
0
(103)
0
0
0
(120)
0
0
0
(120)
0
0
0
(128)
0
0
0
(143)
0
0
0
(147)
0
0
0
(127)
0
0
Other Operating Expenses
(422)
(449)
(7)
(397)
(320)
(327)
(3)
(307)
(315)
(294)
(1)
(97)
(28)
(26)
162
(48)
(48)
(36)
119
12
40
55
167
96
90
78
144
25
(23)
11
157
140
166
(227)
(17)
(679)
(790)
(403)
334
(26)
92
Operating Income
864
N/A
738
-15%
677
-8%
814
+20%
801
-2%
561
-30%
434
-23%
169
-61%
144
-15%
256
+77%
257
+0%
421
+64%
624
+48%
1 049
+68%
1 045
0%
1 179
+13%
1 152
-2%
873
-24%
1 157
+33%
1 071
-7%
1 094
+2%
1 167
+7%
1 182
+1%
1 177
0%
1 182
+0%
1 269
+7%
1 600
+26%
2 375
+48%
3 806
+60%
4 985
+31%
7 169
+44%
8 492
+18%
8 706
+3%
9 185
+6%
7 971
-13%
6 742
-15%
5 053
-25%
3 576
-29%
3 401
-5%
2 374
-30%
2 388
+1%
Pre-Tax Income
Interest Income Expense
(291)
(304)
(295)
(276)
(236)
(179)
(119)
(94)
(89)
(72)
(75)
(90)
(130)
(208)
(186)
(230)
(239)
(240)
(293)
(302)
(319)
(291)
(324)
(317)
(302)
(339)
(335)
(355)
(371)
(324)
(441)
(616)
(371)
(536)
(198)
(385)
(590)
(413)
(246)
(212)
(249)
Non-Reccuring Items
0
0
(12)
0
0
0
(35)
0
0
0
0
2
5
0
(56)
3
(2)
(3)
(58)
15
19
23
(30)
4
3
(10)
(93)
(24)
(25)
(39)
(24)
23
42
65
(348)
4
(11)
(11)
(47)
(2)
(4)
Gain/Loss on Disposition of Assets
(3)
(2)
(14)
0
(15)
(14)
(30)
0
(31)
(32)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Total Other Income
161
158
71
68
86
88
118
90
105
111
128
106
66
47
(2)
(61)
(31)
(34)
32
7
(13)
(12)
16
11
10
5
(64)
(76)
(68)
(72)
(7)
(8)
(7)
(4)
13
(16)
(11)
(6)
24
18
13
Pre-Tax Income
732
N/A
589
-19%
427
-28%
606
+42%
637
+5%
457
-28%
368
-19%
166
-55%
130
-22%
263
+103%
310
+18%
437
+41%
563
+29%
888
+58%
800
-10%
891
+11%
880
-1%
596
-32%
838
+41%
792
-6%
781
-1%
887
+14%
844
-5%
875
+4%
894
+2%
925
+4%
1 108
+20%
1 921
+73%
3 342
+74%
4 550
+36%
6 696
+47%
7 891
+18%
8 371
+6%
8 711
+4%
7 437
-15%
6 345
-15%
4 441
-30%
3 146
-29%
3 132
0%
2 177
-30%
2 148
-1%
Net Income
Tax Provision
(165)
(129)
(164)
(215)
(226)
(180)
(311)
(262)
(270)
(383)
(230)
(247)
(285)
(181)
(104)
(137)
(111)
(102)
(259)
(254)
(250)
(284)
(203)
(185)
(181)
(218)
(201)
(307)
(523)
(706)
(1 086)
(1 325)
(1 402)
(1 432)
(1 080)
(870)
(584)
(374)
(509)
(376)
(385)
Income from Continuing Operations
567
460
263
391
410
277
58
(97)
(140)
(120)
80
190
279
707
697
755
769
494
579
538
531
603
640
689
713
707
906
1 614
2 819
3 844
5 610
6 567
6 969
7 279
6 358
5 475
3 857
2 772
2 623
1 801
1 764
Income to Minority Interest
319
358
380
259
215
271
268
353
236
179
11
(31)
(107)
(301)
(295)
(319)
(262)
(62)
5
56
101
62
(24)
(48)
(34)
(44)
(74)
(151)
(279)
(371)
(480)
(653)
(748)
(667)
(374)
(128)
55
(40)
(252)
(300)
(404)
Net Income (Common)
886
N/A
818
-8%
643
-21%
650
+1%
625
-4%
548
-12%
326
-40%
257
-21%
96
-62%
59
-39%
91
+55%
159
+74%
172
+8%
406
+136%
401
-1%
436
+9%
507
+16%
432
-15%
584
+35%
594
+2%
632
+6%
666
+5%
616
-7%
642
+4%
678
+6%
663
-2%
833
+26%
1 463
+76%
2 540
+74%
3 474
+37%
5 130
+48%
5 913
+15%
6 221
+5%
6 612
+6%
5 984
-10%
5 347
-11%
3 913
-27%
2 733
-30%
2 371
-13%
1 501
-37%
1 360
-9%
EPS (Diluted)
0.25
N/A
0.23
-8%
0.18
-22%
0.18
N/A
0.17
-6%
0.15
-12%
0.09
-40%
0.07
-22%
0.03
-57%
0.02
-33%
0.03
+50%
0.05
+67%
0.05
N/A
0.12
+140%
0.11
-8%
0.12
+9%
0.14
+17%
0.11
-21%
0.16
+45%
0.16
N/A
0.17
+6%
0.18
+6%
0.17
-6%
0.17
N/A
0.18
+6%
0.18
N/A
0.23
+28%
0.4
+74%
0.7
+75%
0.96
+37%
1.42
+48%
1.64
+15%
1.72
+5%
1.83
+6%
1.66
-9%
1.48
-11%
1.08
-27%
0.76
-30%
0.66
-13%
0.42
-36%
0.38
-10%

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