China Northern Rare Earth (Group) High-Tech Co (SHSE:600111) Receivables Turnover: 2.57 (As of Mar. 2026)

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SHSE:600111 China Northern Rare Earth (Group) High-Tech Co Ltd SHSE:600111
73 GF Score
Price ¥41.85
GF Value ¥30.97
Valuation Significantly Overvalued
! 5 Warning Signs
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What is China Northern Rare Earth (Group) High-Tech Co Receivables Turnover?

China Northern Rare Earth (Group) High-Tech Co SHSE:600111 -4.17% 73 Receivables Turnover is 2.57 as of Mar. 2026. GuruFocus rates SHSE:600111 with a GF Score™ of 73/100 and a GF Value™ of ¥30.97 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 778 Metals & Mining companies, China Northern Rare Earth (Group) High-Tech Co ranks better than 52.96% on this metric.

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. China Northern Rare Earth (Group) High-Tech Co's Revenue for the three months ended in Mar. 2026 was ¥11,859 Mil. China Northern Rare Earth (Group) High-Tech Co's average Accounts Receivable for the three months ended in Mar. 2026 was ¥4,615 Mil. Hence, China Northern Rare Earth (Group) High-Tech Co's Receivables Turnover for the three months ended in Mar. 2026 was 2.57.


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

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


China Northern Rare Earth (Group) High-Tech Co Receivables Turnover Related Terms


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

* Premium members only.

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

* 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 Receivables Turnover Chart

China Northern Rare Earth (Group) High-Tech Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.42 12.35 11.77 9.53 11.62

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
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.57 2.45 2.68 2.92 2.57

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

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

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

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


SHSE:600111
73GF Score
China Northern Rare Earth (Group) High-Tech Co Ltd SHSE:600111
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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China Northern Rare Earth (Group) High-Tech Co Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

China Northern Rare Earth (Group) High-Tech Co's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=42563.083 / ((3418.48 + 3909.584) / 2 )
=42563.083 / 3664.032
=11.62

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

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=11858.916 / ((3909.584 + 5320.966) / 2 )
=11858.916 / 4615.275
=2.57

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 2.57 mean?
China Northern Rare Earth (Group) High-Tech Co (SHSE:600111) has a Receivables Turnover of 2.57 as of Mar. 2026. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on China Northern Rare Earth (Group) High-Tech Co and its competitors. According to the industry distribution chart, China Northern Rare Earth (Group) High-Tech Co ranks #366 out of 778 companies in the Metals & Mining industry, placing it in the top 47%.
Is China Northern Rare Earth (Group) High-Tech Co's Receivables Turnover too high?
China Northern Rare Earth (Group) High-Tech Co's current Receivables Turnover is 2.57. The Metals & Mining industry median Receivables Turnover is 9.56. China Northern Rare Earth (Group) High-Tech Co's value of 2.57 is 73.1% below this industry median. Based on the distribution chart, China Northern Rare Earth (Group) High-Tech Co ranks #366 out of 778 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, China Northern Rare Earth (Group) High-Tech Co has a GF Score™ of 73/100 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 Receivables Turnover compare to competitors?
According to the Metals & Mining industry distribution chart, China Northern Rare Earth (Group) High-Tech Co ranks #366 out of 778 companies for Receivables Turnover. This puts China Northern Rare Earth (Group) High-Tech Co in the upper half of its industry. The industry median Receivables Turnover is 9.56. China Northern Rare Earth (Group) High-Tech Co's value of 2.57 is 73.1% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Metals & Mining company?
The median Receivables Turnover among Metals & Mining companies is 9.56, based on 778 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover 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 Receivables Turnover of 2.57 is 73.1% 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 Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on China Northern Rare Earth (Group) High-Tech Co and its competitors. For the Metals & Mining industry, the median Receivables Turnover is 9.56 — 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 Receivables Turnover is 2.57. 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 ¥30.97, compared to a current price of ¥41.85 — trading 35.1% above its estimated fair value. The current Receivables Turnover is 2.57 and 73.1% below the Metals & Mining industry median of 9.56. China Northern Rare Earth (Group) High-Tech Co's overall GF Score™ is 73/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For China Northern Rare Earth (Group) High-Tech Co (SHSE:600111), the current Receivables Turnover 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 ¥41.85 is trading 35.1% above its estimated GF Value™ of ¥30.97. GuruFocus considers China Northern Rare Earth (Group) High-Tech Co to be Significantly Overvalued.

Key valuation signals for SHSE:600111:

  • Receivables Turnover: 2.57
  • GF Value™: ¥30.97 vs. price of ¥41.85 (35.1% above fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 73.1% below the Metals & Mining median (#366 of 778)

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

Other Exchanges CNRE80:Thailand
Address No. 83 Huanghe Street, Rare Earth High-tech Industrial Development Zone, Inner Mongolia Autonomous Region, Baotou, CHN, 014030
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.
73GF Score

Get the complete analysis for SHSE:600111

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

¥41.85
Price
¥30.97
GF Value