Zhong Guo Ji Jin Bao·2025-10-30 01:52Core Insights - The financial reports for the third quarter of 2025 from China Rare Earth and Northern Rare Earth show significant growth in performance, indicating a strong recovery in the industry [2][3] Company Performance - China Rare Earth reported a revenue of 2.494 billion yuan for the first three quarters, a year-on-year increase of 27.73%, and a net profit attributable to shareholders of 192 million yuan, up 194.67% year-on-year [4] - Northern Rare Earth achieved a cumulative revenue of 30.292 billion yuan for the first three quarters, a year-on-year increase of 40.50%, with a net profit of 1.541 billion yuan, a substantial increase of 280.27% [7] - In the third quarter alone, China Rare Earth saw a revenue of approximately 619 million yuan, a decline of 22.4% year-on-year, and a net profit of 30.47 million yuan, down 26.43% [4] - Northern Rare Earth reported a third-quarter revenue of 11.425 billion yuan, a year-on-year increase of 33.32%, and a net profit of 610 million yuan, up 69.48% [7] Market Trends - The rare earth market is showing signs of recovery, with the China Rare Earth Industry Association's price index rising significantly, reaching a peak of 233.2 points in mid-August, an increase of nearly 43% compared to the end of 2024 [11] - Despite challenges from international trade, stable domestic demand is providing strong support for the rare earth market, leading to increased activity compared to the previous year [13] - The strategic importance of rare earths is being reinforced by supply-side management and rising demand driven by global green transitions and carbon neutrality goals [13] Stock Performance - As of October 29, Northern Rare Earth's stock price has increased by 144.51% year-to-date, leading the rare earth sector, while other companies like Shenghe Resources and Guangsheng Nonferrous have also seen their stock prices double [14][15]