China Northern Rare Earth (Group) High-Tech Co (SHSE:600111) Research & Development: ¥322 Mil (TTM As of Mar. 2026)


SHSE:600111 China Northern Rare Earth (Group) High-Tech Co Ltd SHSE:600111
86 GF Score
Price ¥47.62
GF Value ¥31.96
Valuation Significantly Overvalued
! 5 Warning Signs
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What is China Northern Rare Earth (Group) High-Tech Co Research & Development?

China Northern Rare Earth (Group) High-Tech Co SHSE:600111 +0.76% 86 Research & Development is ¥322 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.

Research & Development is the aggregate amount of research and development expenses during the year. China Northern Rare Earth (Group) High-Tech Co's Research & Development for the three months ended in Mar. 2026 was ¥51 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥322 Mil.

China Northern Rare Earth (Group) High-Tech Co  (SHSE:600111) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

China Northern Rare Earth (Group) High-Tech Co Research & Development Related Terms

China Northern Rare Earth (Group) High-Tech Co Research & Development Historical Data

* Premium members only.

The historical data trend for China Northern Rare Earth (Group) High-Tech Co's Research & Development 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 Research & Development Chart

China Northern Rare Earth (Group) High-Tech Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 160.86 254.85 243.63 299.90 318.09

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
Research & Development 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 46.69 106.30 55.72 109.39 50.85
SHSE:600111
86GF Score
China Northern Rare Earth (Group) High-Tech Co Ltd SHSE:600111
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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China Northern Rare Earth (Group) High-Tech Co Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development 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 ¥322 Mil.

* 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 Research & Development →
What does a Research & Development of ¥322 Mil mean?
China Northern Rare Earth (Group) High-Tech Co (SHSE:600111) has a Research & Development of ¥322 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on China Northern Rare Earth (Group) High-Tech Co and its competitors.
Is China Northern Rare Earth (Group) High-Tech Co's Research & Development too high?
China Northern Rare Earth (Group) High-Tech Co's current Research & Development is ¥322 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 Research & Development compare to competitors?
China Northern Rare Earth (Group) High-Tech Co's Research & Development of ¥322 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 Research & Development for a Metals & Mining company?
A good Research & Development depends on the Metals & Mining industry context. However, Research & Development 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 Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on China Northern Rare Earth (Group) High-Tech Co and its competitors. China Northern Rare Earth (Group) High-Tech Co's current Research & Development is ¥322 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 ¥47.62 — trading 49% above its estimated fair value. The current Research & Development is ¥322 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 Research & Development calculated?
Research & Development is calculated from a company's financial statements. For China Northern Rare Earth (Group) High-Tech Co (SHSE:600111), the current Research & Development is ¥322 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 ¥47.62 is trading 49% 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:

  • Research & Development: ¥322 Mil
  • GF Value™: ¥31.96 vs. price of ¥47.62 (49% 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

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.
86GF Score

Get the complete analysis for SHSE:600111

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

¥47.62
Price
¥31.96
GF Value