China Northern Rare Earth Group High-Tech Co Ltd
SSE:600111
China Northern Rare Earth Group High-Tech Co Ltd
Other Operating Expenses
China Northern Rare Earth Group High-Tech Co Ltd
Other Operating Expenses Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Other Operating Expenses | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
C
|
China Northern Rare Earth Group High-Tech Co Ltd
SSE:600111
|
Other Operating Expenses
ÂĄ241.2m
|
CAGR 3-Years
180%
|
CAGR 5-Years
34%
|
CAGR 10-Years
N/A
|
|
Ganfeng Lithium Co Ltd
SZSE:002460
|
Other Operating Expenses
-ÂĄ132.3m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
-48%
|
||
CMOC Group Ltd
SSE:603993
|
Other Operating Expenses
-ÂĄ12.6m
|
CAGR 3-Years
62%
|
CAGR 5-Years
25%
|
CAGR 10-Years
17%
|
||
Zhejiang Huayou Cobalt Co Ltd
SSE:603799
|
Other Operating Expenses
-ÂĄ103.3m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
36%
|
CAGR 10-Years
N/A
|
||
Western Mining Co Ltd
SSE:601168
|
Other Operating Expenses
-ÂĄ173.7m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
41%
|
CAGR 10-Years
-4%
|
||
Yintai Gold Co Ltd
SZSE:000975
|
Other Operating Expenses
ÂĄ5.2m
|
CAGR 3-Years
-3%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
China Northern Rare Earth Group High-Tech Co Ltd
Glance View
In the vast plains of Inner Mongolia, China Northern Rare Earth Group High-Tech Co Ltd stands as a beacon of industrial prowess and strategic importance. The northern wind carries tales of its beginnings when it emerged in 1988, rooted in Baotou Steel’s rare earth division. Over the years, it has morphed into one of the world’s largest producers of rare earth elements—a magical term for a group of 17 metals essential for modern technology. This company doesn't merely dig into the ground; it extracts a treasure trove vital for crafting the very tech that powers our satellites, smartphones, and electric vehicles. China Northern Rare Earth Group operates at the heart of a global supply chain, transforming raw rare earth ores into refined materials through advanced processing techniques, ensuring they meet the demanding needs of tech giants and industrial behemoths worldwide. Driving the gears of China's tech aspirations, the company blends traditional mining with modern science to maintain its edge. Its vertically integrated business model allows it to control every stage of the process, from mining and refining to developing and marketing rare earth products. This rigorous control fosters high efficiency and cost-effectiveness, enabling the company to generate substantial revenue streams. By catering to a diverse clientele—including players in the defense, electronics, and green technology sectors—China Northern Rare Earth Group not only capitalizes on market demand but also anchors its leadership position in a field critical to future technological progress. As global interest in renewable energy and cutting-edge technology escalates, the company remains strategically poised to harness both the Earth's resources and the market's upward trajectory.
See Also
What is China Northern Rare Earth Group High-Tech Co Ltd's Other Operating Expenses?
Other Operating Expenses
241.2m
CNY
Based on the financial report for Sep 30, 2024, China Northern Rare Earth Group High-Tech Co Ltd's Other Operating Expenses amounts to 241.2m CNY.
What is China Northern Rare Earth Group High-Tech Co Ltd's Other Operating Expenses growth rate?
Other Operating Expenses CAGR 5Y
34%
The average annual Other Operating Expenses growth rates for China Northern Rare Earth Group High-Tech Co Ltd have been 180% over the past three years , 34% over the past five years .