600111.SS
Price:
$45.5
Market Cap:
$164.49B
China Northern Rare Earth (Group) High-Tech Co.,Ltd produces and sells rare earth raw materials in China and internationally. It offers rare earth salts, oxides, and metals; rare earth functional materials, such as rare earth magnetic, polishing, hydrogen storage, luminescent, and catalytic materials; and rare earth products in the areas of nickel-hydrogen power batteries, rare earth permanent magnetic resonance instruments, and LED lamp beads. The company was formerly known as Inner Mongolia Baotou Steel Rare-Earth (Group) Hi-Tech Co., Ltd. and changed its name to China Northern Rare Earth (Group) High-Tech Co.,Ltd in January 2015. China Northern Rare Earth (Group) High-Tech Co.,Ltd was fou...[Read more]
Industry
Industrial Materials
IPO Date
1997-09-24
Stock Exchange
SHH
Ticker
600111.SS
According to China Northern Rare Earth (Group) High-Tech Co.,Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 2.72. This represents a change of -4.02% compared to the average of 2.84 of the last 4 quarters.
The mean historical Current Ratio of China Northern Rare Earth (Group) High-Tech Co.,Ltd over the last ten years is 2.85. The current 2.72 Current Ratio has changed 9.45% with respect to the historical average. Over the past ten years (40 quarters), 600111.SS's Current Ratio was at its highest in in the December 2020 quarter at 4.54. The Current Ratio was at its lowest in in the June 2016 quarter at 1.84.
Average
2.85
Median
2.87
Minimum
1.93
Maximum
4.54
Discovering the peaks and valleys of China Northern Rare Earth (Group) High-Tech Co.,Ltd Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 54.46%
Maximum Annual Current Ratio = 4.54
Minimum Annual Increase = -41.33%
Minimum Annual Current Ratio = 1.93
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.91 | -7.05% |
| 2023 | 3.13 | 7.42% |
| 2022 | 2.91 | 9.48% |
| 2021 | 2.66 | -41.33% |
| 2020 | 4.54 | 54.46% |
| 2019 | 2.94 | 4.16% |
| 2018 | 2.82 | 11.00% |
| 2017 | 2.54 | 31.52% |
| 2016 | 1.93 | -9.44% |
| 2015 | 2.13 | 23.37% |
The current Current Ratio of China Northern Rare Earth (Group) High-Tech Co.,Ltd (600111.SS) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
2.99
5-year avg
3.23
10-year avg
2.85
China Northern Rare Earth (Group) High-Tech Co.,Ltd’s Current Ratio is greater than Aluminum Corporation of China Limited (1.53), greater than Baoshan Iron & Steel Co., Ltd. (1.03), greater than Shandong Gold Mining Co., Ltd. (0.53), greater than Wanhua Chemical Group Co., Ltd. (0.67), greater than Zhejiang Huayou Cobalt Co., Ltd (0.99), greater than Rising Nonferrous Metals Share Co.,Ltd. (1.21), greater than Jiangxi Copper Company Limited (1.21), greater than Ningxia Baofeng Energy Group Co., Ltd. (0.36), less than Anhui Conch Cement Company Limited (3.10), greater than Xiamen Tungsten Co., Ltd. (1.35),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.53 | $184.59B | |
| 1.03 | $152.96B | |
| 0.53 | $167.89B | |
| 0.67 | $236.63B | |
| 0.99 | $106.61B | |
| 1.21 | $17.80B | |
| 1.21 | $144.62B | |
| 0.36 | $134.27B | |
| 3.10 | $117.83B | |
| 1.35 | $63.50B |
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