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China Northern Rare Earth (Group) High-Tech Co.,Ltd (China)

Main Activities: All Other Metal Ore Mining
Full name: China Northern Rare Earth (Group) High-Tech Co.,Ltd Profile Updated: March 17, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English & Chinese Download a sample report

China Northern Rare Earth (Group) High-Tech Co., Ltd, located in Baotou, is a leading company in the rare earth industry. The company's mission is to develop and utilize the famous rare earth treasure, the Baiyun Obo rare earth mine. They have established a comprehensive rare earth industrial system, including rare earth ore dressing, smelting and separation, deep processing, application products, and scientific research. The company is capable of producing a wide range of rare earth products, including rare earth raw materials (concentrates, rare earth carbonates, oxides and salts, metals), rare earth functional materials (polishing materials, hydrogen storage materials, magnetic materials, luminescent materials, catalytic materials), and rare earth application products (nickel-hydrogen power batteries, magnetic resonance imaging machines). The company's rapid development is supported by four core advantages: comprehensive control of northern light rare earth resources, active integration and layout of southern medium and heavy rare earth resources; leading products - northern light rare earth products, which have cost advantages due to co-mining with iron, ensuring the company's competitive position in the market; the company's rare earth research institute, a professional research institution with the aim of developing and utilizing rare earth resources, along with more than ten enterprise technology (research and development) centers within the company, providing significant research advantages; as rare earth resources are strategic resources for the country, their development and application have received strong policy support from the government. As a backbone enterprise in the industry, the company has received strong support from national policies in industry integration and downstream industry development.

Headquarters
83 Huanghe Avenue Rare Earths Hi-Tech Ind. Dev. Area Baotou Inner Mongolia
Baotou; Inner Mongolia; Postal Code: 014030

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Website: http://www.reht.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
September 12, 1997
Key Executives
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Chairman of the Supervisory Board
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Director
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Director
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Director
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Director
Ownership Details
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36.71%
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4.64%
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2.12%
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0.63%
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0.45%
Subsidiaries
Baotou Huamei Rare Earth Tech Co., Ltd.
100%
Baotou Shenma Construction and Installation Co., Ltd.
100%
Inner Mongolia Rare Aoke Hydrogen Storage Alloy Co., Ltd.
100%
Company Performance
Financial values in the chart are available after China Northern Rare Earth (Group) High-Tech Co.,Ltd report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
50.6%
Total operating revenue
50.82%
Operating profit (EBIT)
48.65%
Net Profit (Loss) for the Period
43.16%
Total assets
5.43%
Total equity
1.85%
Operating Profit Margin (ROS)
-0.11%
Net Profit Margin
-0.33%
Return on Equity (ROE)
1.74%
Debt to Equity Ratio
10.94%
Quick Ratio
0.28%
Cash Ratio
0.06%

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