SHSE:600111's Current Ratio is ranked worse than 50.47% of 2633
companies
in the Metals & Mining industry
Industry Median: 2.62
vs SHSE:600111: 2.57
China Northern Rare Earth (Group) High-Tech Co (SHSE:600111) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
China Northern Rare Earth (Group) High-Tech Co Current Ratio Related Terms
China Northern Rare Earth (Group) High-Tech Co Current Ratio Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
China Northern Rare Earth (Group) High-Tech Co Current Ratio Chart
China Northern Rare Earth (Group) High-Tech Co Annual Data
China Northern Rare Earth (Group) High-Tech Co Current Ratio Competitor Comparison
For the Other Industrial Metals & Mining subindustry, China Northern Rare Earth (Group) High-Tech Co's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
China Northern Rare Earth (Group) High-Tech Co Current Ratio vs Metals & Mining Industry
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
China Northern Rare Earth (Group) High-Tech Co (SHSE:600111) has a Current Ratio of 2.57 as of Mar. 2026. This is near median its historical median of 2.74. Over the past decade, China Northern Rare Earth (Group) High-Tech Co's Current Ratio has ranged from 1.84 to 4.17. According to the industry distribution chart, China Northern Rare Earth (Group) High-Tech Co ranks #1329 out of 2633 companies in the Metals & Mining industry, placing it in the top 50.5%.
Is China Northern Rare Earth (Group) High-Tech Co's Current Ratio too high?
China Northern Rare Earth (Group) High-Tech Co's current Current Ratio of 2.57 is near median its 10-year median of 2.74. Over the past 10 years, this metric has ranged from a low of 1.84 to a high of 4.17. The Metals & Mining industry median Current Ratio is 2.62. China Northern Rare Earth (Group) High-Tech Co's value of 2.57 is 1.9% below this industry median. Based on the distribution chart, China Northern Rare Earth (Group) High-Tech Co ranks #1329 out of 2633 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, China Northern Rare Earth (Group) High-Tech Co has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Northern Rare Earth (Group) High-Tech Co's Current Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, China Northern Rare Earth (Group) High-Tech Co ranks #1329 out of 2633 companies for Current Ratio. This places China Northern Rare Earth (Group) High-Tech Co in the lower half of its industry. The industry median Current Ratio is 2.62. China Northern Rare Earth (Group) High-Tech Co's value of 2.57 is 1.9% below this benchmark. Historically, China Northern Rare Earth (Group) High-Tech Co's own Current Ratio has ranged from 1.84 to 4.17 over the past decade. While the company's 10-year median is 2.74 vs. the industry median of 2.62, China Northern Rare Earth (Group) High-Tech Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Metals & Mining company?
The median Current Ratio among Metals & Mining companies is 2.62, based on 2,633 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China Northern Rare Earth (Group) High-Tech Co's current Current Ratio of 2.57 is 1.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Metals & Mining industry, the median Current Ratio is 2.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Northern Rare Earth (Group) High-Tech Co's current Current Ratio is 2.57, which is near median its own 10-year median of 2.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Northern Rare Earth (Group) High-Tech Co stock overvalued right now?
Based on GuruFocus' analysis, China Northern Rare Earth (Group) High-Tech Co (SHSE:600111) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥32.10, compared to a current price of ¥47.47 — trading 47.9% above its estimated fair value. The current Current Ratio is 2.57, which is near median its 10-year median of 2.74 and 1.9% below the Metals & Mining industry median of 2.62. China Northern Rare Earth (Group) High-Tech Co's overall GF Score™ is 86/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For China Northern Rare Earth (Group) High-Tech Co (SHSE:600111), the current Current Ratio is 2.57 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is China Northern Rare Earth (Group) High-Tech Co (SHSE:600111) Overvalued in 2026?
Based on GuruFocus' analysis, China Northern Rare Earth (Group) High-Tech Co stock appears to be overvalued.
The current stock price of ¥47.47 is trading 47.9% above its estimated GF Value™ of ¥32.10.
GuruFocus considers China Northern Rare Earth (Group) High-Tech Co to be Significantly Overvalued.
Key valuation signals for SHSE:600111:
Current Ratio: 2.57 (near median its 10-year median of 2.74)
GF Value™: ¥32.10 vs. price of ¥47.47 (47.9% above fair value)
Industry Position: 1.9% below the Metals & Mining median (#1329 of 2633)
No single metric tells the full story. See the SHSE:600111 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Northern Rare Earth (Group) High-Tech Co Business Description
China Northern Rare Earth (Group) High-Tech Co Ltd is a China-based company operating in the non-ferrous metal smelting and rolling processing industry. It refines and sells rare earth minerals and resources. The company operates through four segments. The Trading Business segment focuses on the distribution of rare earth raw materials. The Production Business segment is involved in the manufacturing of these raw materials. The Rare Earth Functional Materials and Application Products segment covers the development and sale of rare earth-based materials and their applications. The Environmental Protection Industry and Others segment provides services related to environmental management, including the treatment and recycling of waste gas, wastewater, and solid waste.
86GF Score
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