China Northern Rare Earth (Group) High-Tech Co (SHSE:600111) EBIT: ¥4,146 Mil (TTM As of Mar. 2026)

What is China Northern Rare Earth (Group) High-Tech Co EBIT?

China Northern Rare Earth (Group) High-Tech Co SHSE:600111 -3.94% 86 EBIT is ¥4,146 Mil as of Mar. 2026. GuruFocus rates SHSE:600111 with a GF Score™ of 86/100 and a GF Value™ of ¥31.96 (Significantly Overvalued). The stock has 5 warning signs investors should review.

China Northern Rare Earth (Group) High-Tech Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ¥1,306 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ¥4,146 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. China Northern Rare Earth (Group) High-Tech Co's annualized ROC % for the quarter that ended in Mar. 2026 was 10.83%. China Northern Rare Earth (Group) High-Tech Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 21.69%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. China Northern Rare Earth (Group) High-Tech Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 2.29%.

China Northern Rare Earth (Group) High-Tech Co (SHSE:600111) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

China Northern Rare Earth (Group) High-Tech Co's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

	ROC % (Q: Mar. 2026 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2025 )	+	Invested Capital (Q: Mar. 2026 ))	/ count )
=	5127.608 * ( 1 - 16.38% )	/	( (38493.347	+	40724.461)	/ 2 )
=	4287.7058096	/	39608.904
=	10.83 %

where

	Invested Capital		(Q: Dec. 2025 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	48127.817	-	4480.74	-	( 5153.73	-	max(0, 12268.421	-	33465.381	+	5153.73	))
=	38493.347

	Invested Capital		(Q: Mar. 2026 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	50525.575	-	4517.539	-	( 5283.575	-	max(0, 13785.335	-	35492.746	+	5283.575	))
=	40724.461

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

China Northern Rare Earth (Group) High-Tech Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2026 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2025		Q: Mar. 2026
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	5224.852	/	( ( (9689.749 + max(14401.862, 0))	+	(9809.774 + max(14270.014, 0)) )	/	2 )
=	5224.852	/	( ( 24091.611	+	24079.788 )	/	2 )
=	5224.852	/	24085.6995
=	21.69 %

where Working Capital is:

	Working Capital		(Q: Dec. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(3909.584	+	17069.008	+	1239.916)	-	(4480.74	+	0	+	3335.906)
=	14401.862

	Working Capital		(Q: Mar. 2026 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(5320.966	+	16068.554	+	1333.606)	-	(4517.539	+	0	+	3935.573)
=	14270.014

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

China Northern Rare Earth (Group) High-Tech Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2026 )
	=	4146.353	/	181060.521
	=	2.29 %

* 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 EBIT Related Terms

China Northern Rare Earth (Group) High-Tech Co EBIT Historical Data

* Premium members only.

The historical data trend for China Northern Rare Earth (Group) High-Tech Co's EBIT can be seen below:

China Northern Rare Earth (Group) High-Tech Co EBIT Chart

China Northern Rare Earth (Group) High-Tech Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

EBIT

Get a 7-Day Free Trial

7,136.31

7,787.31

3,382.83

2,081.02

3,591.16

China Northern Rare Earth (Group) High-Tech Co Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
EBIT	Get a 7-Day Free Trial															751.02	887.23	1,108.08	844.83	1,306.21

China Northern Rare Earth (Group) High-Tech Co EBIT Competitor Comparison

For the Other Industrial Metals & Mining subindustry, China Northern Rare Earth (Group) High-Tech Co's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, China Northern Rare Earth (Group) High-Tech Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where China Northern Rare Earth (Group) High-Tech Co's EV-to-EBIT falls into.

Save Embed

86GF Score

China Northern Rare Earth (Group) High-Tech Co Ltd SHSE:600111

EBIT is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

China Northern Rare Earth (Group) High-Tech Co EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥4,146 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of ¥4,146 Mil mean?

China Northern Rare Earth (Group) High-Tech Co (SHSE:600111) has a EBIT of ¥4,146 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on China Northern Rare Earth (Group) High-Tech Co.

Is China Northern Rare Earth (Group) High-Tech Co's EBIT too high?

China Northern Rare Earth (Group) High-Tech Co's current EBIT is ¥4,146 Mil. 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 EBIT compare to competitors?

China Northern Rare Earth (Group) High-Tech Co's EBIT of ¥4,146 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good EBIT for a Metals & Mining company?

A good EBIT depends on the Metals & Mining industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high EBIT mean?

A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on China Northern Rare Earth (Group) High-Tech Co. China Northern Rare Earth (Group) High-Tech Co's current EBIT is ¥4,146 Mil. 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 ¥31.96, compared to a current price of ¥47.26 — trading 47.9% above its estimated fair value. The current EBIT is ¥4,146 Mil. 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 EBIT calculated?

EBIT is calculated from a company's financial statements. For China Northern Rare Earth (Group) High-Tech Co (SHSE:600111), the current EBIT is ¥4,146 Mil 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 ¥47.26 is trading 47.9% above its estimated GF Value™ of ¥31.96. GuruFocus considers China Northern Rare Earth (Group) High-Tech Co to be Significantly Overvalued.

Key valuation signals for SHSE:600111:

EBIT: ¥4,146 Mil
GF Value™: ¥31.96 vs. price of ¥47.26 (47.9% above fair value)
GF Score™: 86/100 with 5 warning signs

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

Industry Basic Materials Metals & Mining

Comparable Companies SZSE:000657 SHSE:603799 SHSE:600549 SHSE:601958 SHSE:601168 SZSE:000426 SHSE:601061 SZSE:000960 SZSE:002428 SZSE:000688 ASX:BHP ASX:RIO LSE:RIO MEX:GMEXICOB LSE:GLEN BSP:VALE3 SAU:1211 LSE:AAL HKSE:03993 ASX:FMG

Other Exchanges CNRE80:Thailand

Address No. 83 Huanghe Street, Rare Earth High-tech Industrial Development Zone, Inner Mongolia Autonomous Region, Baotou, CHN, 014030

Website https://www.reht.com

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

Get the complete analysis for SHSE:600111

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥47.26

Price

¥31.96

GF Value

View SHSE:600111 Analysis

See EBIT data for all stocks →