China Northern Rare Earth (Group) High-Tech revenue and financials

600111 · SSE · CNY

¥35.30Change from previous close: −0.31%Absolute change: −¥0.11

Close · September 30, 2026

In the fiscal year ended December 2025, China Northern Rare Earth (Group) High-Tech reported revenue of ¥42.56B (+29.11% year over year). Net income was ¥2.25B, a net margin of 5.3%.

Annual revenue · 2025: ¥42.56B
  1. ¥37.26B2022
  2. ¥33.5B2023
  3. ¥32.97B2024
  4. ¥42.56B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+29.11%
2025 vs 2024
Net income growth
+124.17%
2025 vs 2024
Net margin
5.3%
2024: 3.0%

Financial data

Amounts in millions of CNY; per-share values in CNY; shares in millions.

Income statement · Quarterly
ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025
Total revenue13,94011,85912,272—9,5799,287
Cost of revenue11,63210,29110,580—8,3048,246
Gross profit2,3081,5681,692—1,2751,041
Selling, general and administrative-137233-563—-194255
Research and development80.450.9109—10646.7
Operating income1,9251,2821,172—962751
EBIT1,8021,3068821,088907—
EBITDA1,8021,3068821,088907—
Interest expense74.554.081.937.162.3—
Pre-tax income1,7271,252801—845688
Income tax28120548.7—157110
Net income1,135918710—501431
Net income to common shareholders1,135918710—501431
Basic EPS—0.25———0.12
Diluted EPS—0.25———0.12
Average shares (basic)—3,615———3,616
Average shares (diluted)—3,615———3,616