This company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsChina Nonferrous Gold (KRB) 주식 개요China Nonferrous Gold Limited engages in exploration, mine development, and mining activities in the Cayman Islands. 자세히 보기KRB 펀더멘털 분석스노우플레이크 점수가치 평가2/6미래 성장0/6과거 실적0/6재무 건전성1/6배당0/6위험 분석지난 5년간 매년 수익이 78.2% 감소했습니다.의미 있는 시가총액이 없습니다(€6M)마이너스 주주 지분주식은 유동성이 매우 낮습니다모든 위험 점검 보기KRB Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€0.002599.7% 저평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-295m199m2016201920222025202620282031Revenue US$198.6mEarnings US$26.5mAdvancedSet Fair ValueView all narrativesChina Nonferrous Gold Limited 경쟁사Bio-GateSymbol: DB:BIG1Market cap: €7.2mDelignitSymbol: XTRA:DLXMarket cap: €26.6mIBU-tec advanced materialsSymbol: XTRA:IBUMarket cap: €77.2mStarcore International MinesSymbol: TSX:SAMMarket cap: CA$59.5m가격 이력 및 성과China Nonferrous Gold 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가UK£0.002552주 최고가UK£0.01552주 최저가UK£0.0005베타0.0731개월 변동0%3개월 변동0%1년 변동-81.48%3년 변동-96.97%5년 변동-93.42%IPO 이후 변동-97.92%최근 뉴스 및 업데이트공시 • Dec 21China Nonferrous Gold Announces Board ChangesChina Nonferrous Gold (CNG) has reported that Li Yong and Shi Xiuzhi have tendered their resignations as non-executive directors of the Company to pursue other business interests. The Directors of the Company have commenced the search for new independent, non-executive directors for CNG and will update shareholders in due course as those conversations progress.Reported Earnings • Sep 25First half 2023 earnings released: US$0.033 loss per share (vs US$0.013 loss in 1H 2022)First half 2023 results: US$0.033 loss per share (further deteriorated from US$0.013 loss in 1H 2022). Revenue: US$30.2m (down 1.8% from 1H 2022). Net loss: US$12.6m (loss widened 157% from 1H 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 37 percentage points per year, which is a significant difference in performance.Buying Opportunity • Sep 11Now 83% undervalued after recent price dropOver the last 90 days, the stock is down 50%. The fair value is estimated to be €0.012, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has declined by 113%.New Risk • Sep 01New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (236% average daily change). Negative equity (-US$313m). Earnings have declined by 68% per year over the past 5 years. Market cap is less than US$10m (€6.49m market cap, or US$7.01m). Minor Risk Latest financial reports are more than 6 months old (reported December 2022 fiscal period end).New Risk • Jul 07New major risk - Revenue and earnings growthEarnings have declined by 68% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (240% average daily change). Negative equity (-US$313m). Earnings have declined by 68% per year over the past 5 years. Market cap is less than US$10m (€6.63m market cap, or US$7.27m).공시 • May 31+ 1 more updateChina Nonferrous Gold Limited Announces Change of the BoardChina Nonferrous Gold Limited announced that Mr. Zhang has tendered his resignation as Executive Director of the Company to pursue other business interests. That resignation has immediate effect on May 30, 2023. At the same time, Mr. Feng Zhishuo has been appointed as an Executive Director of the Company with immediate effect. Mr. Feng, aged 42, is a geologist and graduated from Peking University as a master of geology. He is well experienced in the fields of mining and management. From April 2013 to August 2018, he worked as the manager of Technical Department and acting general manager of China Nonferrous Kabwe Mining Co. Ltd. (Zambia); from August 2018 to December 2019, geology director of Southeast Orebody of NFC Africa Mining PLC(Zambia); from December 2019 to October 2022, acting Secretary of the board of China Nonferrous Gold Limited; from October 2022 to present, Secretary of the board of China Nonferrous Gold Limited; from August 2021 to present, the Vice Director of Resource Development Department of China Nonferrous Metals Int’l Mining Co. Ltd. Current Partnerships/Directorships: LLC Pakrut (Tajikistan), Kryso Resources (BVI) Limited. Previous Partnerships/Directorships: International Mining Supplies & Services Limited.더 많은 업데이트 보기Recent updates공시 • Dec 21China Nonferrous Gold Announces Board ChangesChina Nonferrous Gold (CNG) has reported that Li Yong and Shi Xiuzhi have tendered their resignations as non-executive directors of the Company to pursue other business interests. The Directors of the Company have commenced the search for new independent, non-executive directors for CNG and will update shareholders in due course as those conversations progress.Reported Earnings • Sep 25First half 2023 earnings released: US$0.033 loss per share (vs US$0.013 loss in 1H 2022)First half 2023 results: US$0.033 loss per share (further deteriorated from US$0.013 loss in 1H 2022). Revenue: US$30.2m (down 1.8% from 1H 2022). Net loss: US$12.6m (loss widened 157% from 1H 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 37 percentage points per year, which is a significant difference in performance.Buying Opportunity • Sep 11Now 83% undervalued after recent price dropOver the last 90 days, the stock is down 50%. The fair value is estimated to be €0.012, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has declined by 113%.New Risk • Sep 01New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (236% average daily change). Negative equity (-US$313m). Earnings have declined by 68% per year over the past 5 years. Market cap is less than US$10m (€6.49m market cap, or US$7.01m). Minor Risk Latest financial reports are more than 6 months old (reported December 2022 fiscal period end).New Risk • Jul 07New major risk - Revenue and earnings growthEarnings have declined by 68% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (240% average daily change). Negative equity (-US$313m). Earnings have declined by 68% per year over the past 5 years. Market cap is less than US$10m (€6.63m market cap, or US$7.27m).공시 • May 31+ 1 more updateChina Nonferrous Gold Limited Announces Change of the BoardChina Nonferrous Gold Limited announced that Mr. Zhang has tendered his resignation as Executive Director of the Company to pursue other business interests. That resignation has immediate effect on May 30, 2023. At the same time, Mr. Feng Zhishuo has been appointed as an Executive Director of the Company with immediate effect. Mr. Feng, aged 42, is a geologist and graduated from Peking University as a master of geology. He is well experienced in the fields of mining and management. From April 2013 to August 2018, he worked as the manager of Technical Department and acting general manager of China Nonferrous Kabwe Mining Co. Ltd. (Zambia); from August 2018 to December 2019, geology director of Southeast Orebody of NFC Africa Mining PLC(Zambia); from December 2019 to October 2022, acting Secretary of the board of China Nonferrous Gold Limited; from October 2022 to present, Secretary of the board of China Nonferrous Gold Limited; from August 2021 to present, the Vice Director of Resource Development Department of China Nonferrous Metals Int’l Mining Co. Ltd. Current Partnerships/Directorships: LLC Pakrut (Tajikistan), Kryso Resources (BVI) Limited. Previous Partnerships/Directorships: International Mining Supplies & Services Limited.공시 • Nov 25China Nonferrous Gold Limited, Annual General Meeting, Dec 19, 2022China Nonferrous Gold Limited, Annual General Meeting, Dec 19, 2022, at 09:30 Coordinated Universal Time. Location: the office of Charles Russell Speechlys LLP 5 Fleet Place London United KingdomBoard Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Xiuzhi Shi was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 02First half 2022 earnings released: US$0.013 loss per share (vs US$0.004 loss in 1H 2021)First half 2022 results: US$0.013 loss per share (further deteriorated from US$0.004 loss in 1H 2021). Revenue: US$30.7m (flat on 1H 2021). Net loss: US$4.92m (loss widened 258% from 1H 2021). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 46% per year, which means it is significantly lagging earnings.Reported Earnings • Jul 01Full year 2021 earnings released: US$0.016 loss per share (vs US$0.017 loss in FY 2020)Full year 2021 results: US$0.016 loss per share (up from US$0.017 loss in FY 2020). Revenue: US$72.0m (up 12% from FY 2020). Net loss: US$6.25m (loss narrowed 1.7% from FY 2020). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Xiuzhi Shi was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Buying Opportunity • Feb 23Now 28% undervalued after recent price dropOver the last 90 days, the stock is down 19%. The fair value is estimated to be US$0.091, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 53% per annum over the last 3 years. Earnings per share has been flat over the last 3 years.Reported Earnings • Oct 01First half 2021 earnings released: US$0.004 loss per share (vs US$0.018 loss in 1H 2020)The company reported a solid first half result with reduced losses, improved revenues and improved control over expenses. First half 2021 results: Revenue: US$30.9m (up 27% from 1H 2020). Net loss: US$1.38m (loss narrowed 80% from 1H 2020). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 58% per year, which means it is well ahead of earnings.Executive Departure • Aug 05Finance Director & Executive Director Delin Feng has left the companyOn the 29th of July, Delin Feng's tenure as Finance Director & Executive Director ended after 2.4 years in the role. We don't have any record of a personal shareholding under Delin's name. Delin is the only executive to leave the company over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model.Reported Earnings • Jul 02Full year 2020 earnings released: US$0.017 loss per share (vs US$0.057 loss in FY 2019)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: US$64.5m (up 31% from FY 2019). Net loss: US$6.36m (loss narrowed 71% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.공시 • Dec 04China Nonferrous Gold Limited, Annual General Meeting, Dec 29, 2020China Nonferrous Gold Limited, Annual General Meeting, Dec 29, 2020, at 09:30 China Standard Time. Location: Room 717, 7th Floor, North Tower of China Nonferrous Building No.10 Anding Road, Chaoyang District Beijing ChinaReported Earnings • Oct 01First half earnings releasedOver the last 12 months the company has reported total losses of US$19.3m, with losses widening by 80% from the prior year. Total revenue was US$52.6m over the last 12 months, up 35% from the prior year.공시 • Sep 29China Nonferrous Gold Limited Announces Board ChangesChina Nonferrous Gold Limited announced that Mr. Liang has tendered his resignation as Chairman of the company to pursue other business interests. That resignation has immediate effect 28 Sep. 2020. At the same time, Mr. Yu Lixian has been appointed Chairman of the company with immediate effect. Mr. Yu was previously Managing Director of the company. To ensure ongoing and effective corporate governance of the Company, it is agreed that Mr. Yong Li, a current Non-Executive Director of the Company, is appointed as the Senior Independent Director with immediate effect. Finally, it is agreed that Mr. Hui Zhang, be appointed as Managing Director of the Company with immediate effect. Mr. Zhang currently serves as the Managing Director of China Nonferrous Metals International Mining Co., Limited.공시 • Jul 08China Nonferrous Gold Limited to Report Fiscal Year 2019 Results on Jul 31, 2020China Nonferrous Gold Limited announced that they will report fiscal year 2019 results on Jul 31, 2020주주 수익률KRBDE Metals and MiningDE 시장7D0%0.05%3.2%1Y-81.5%84.0%2.5%전체 주주 수익률 보기수익률 대 산업: KRB은 지난 1년 동안 84%의 수익을 기록한 German Metals and Mining 산업보다 저조한 성과를 냈습니다.수익률 대 시장: KRB은 지난 1년 동안 2.5%를 기록한 German 시장보다 저조한 성과를 냈습니다.주가 변동성Is KRB's price volatile compared to industry and market?KRB volatilityKRB Average Weekly Movementn/aMetals and Mining Industry Average Movement10.5%Market Average Movement6.1%10% most volatile stocks in DE Market13.6%10% least volatile stocks in DE Market2.7%안정적인 주가: KRB의 주가는 지난 3개월 동안 German 시장보다 변동성이 컸습니다.시간에 따른 변동성: Insufficient data to determine KRB의 변동성 변화를 판단할 수 없습니다.회사 소개설립직원 수CEO웹사이트2013701Zhishuo Fengwww.cnfgold.com더 보기China Nonferrous Gold Limited 기초 지표 요약China Nonferrous Gold의 순이익과 매출은 시가총액과 어떻게 비교됩니까?KRB 기초 통계시가총액€5.80m순이익 (TTM)-€272.53m매출 (TTM)€62.86m0.1x주가매출비율(P/S)0.0x주가수익비율(P/E)KRB는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표KRB 손익계산서 (TTM)매출US$67.99m매출원가US$40.70m총이익US$27.29m기타 비용US$322.05m순이익-US$294.76m최근 보고된 실적Jun 30, 2023다음 실적 발표일해당 없음주당순이익(EPS)-0.77총이익률40.14%순이익률-433.55%부채/자본 비율-118.7%KRB의 장기 실적은 어땠습니까?과거 실적 및 비교 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2024/02/21 19:47종가2023/11/24 00:00수익2023/06/30연간 수익2022/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스China Nonferrous Gold Limited는 1명의 분석가가 다루고 있습니다. 이 중 명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Hunter HillcoatInvestec Bank plc (UK)
공시 • Dec 21China Nonferrous Gold Announces Board ChangesChina Nonferrous Gold (CNG) has reported that Li Yong and Shi Xiuzhi have tendered their resignations as non-executive directors of the Company to pursue other business interests. The Directors of the Company have commenced the search for new independent, non-executive directors for CNG and will update shareholders in due course as those conversations progress.
Reported Earnings • Sep 25First half 2023 earnings released: US$0.033 loss per share (vs US$0.013 loss in 1H 2022)First half 2023 results: US$0.033 loss per share (further deteriorated from US$0.013 loss in 1H 2022). Revenue: US$30.2m (down 1.8% from 1H 2022). Net loss: US$12.6m (loss widened 157% from 1H 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 37 percentage points per year, which is a significant difference in performance.
Buying Opportunity • Sep 11Now 83% undervalued after recent price dropOver the last 90 days, the stock is down 50%. The fair value is estimated to be €0.012, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has declined by 113%.
New Risk • Sep 01New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (236% average daily change). Negative equity (-US$313m). Earnings have declined by 68% per year over the past 5 years. Market cap is less than US$10m (€6.49m market cap, or US$7.01m). Minor Risk Latest financial reports are more than 6 months old (reported December 2022 fiscal period end).
New Risk • Jul 07New major risk - Revenue and earnings growthEarnings have declined by 68% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (240% average daily change). Negative equity (-US$313m). Earnings have declined by 68% per year over the past 5 years. Market cap is less than US$10m (€6.63m market cap, or US$7.27m).
공시 • May 31+ 1 more updateChina Nonferrous Gold Limited Announces Change of the BoardChina Nonferrous Gold Limited announced that Mr. Zhang has tendered his resignation as Executive Director of the Company to pursue other business interests. That resignation has immediate effect on May 30, 2023. At the same time, Mr. Feng Zhishuo has been appointed as an Executive Director of the Company with immediate effect. Mr. Feng, aged 42, is a geologist and graduated from Peking University as a master of geology. He is well experienced in the fields of mining and management. From April 2013 to August 2018, he worked as the manager of Technical Department and acting general manager of China Nonferrous Kabwe Mining Co. Ltd. (Zambia); from August 2018 to December 2019, geology director of Southeast Orebody of NFC Africa Mining PLC(Zambia); from December 2019 to October 2022, acting Secretary of the board of China Nonferrous Gold Limited; from October 2022 to present, Secretary of the board of China Nonferrous Gold Limited; from August 2021 to present, the Vice Director of Resource Development Department of China Nonferrous Metals Int’l Mining Co. Ltd. Current Partnerships/Directorships: LLC Pakrut (Tajikistan), Kryso Resources (BVI) Limited. Previous Partnerships/Directorships: International Mining Supplies & Services Limited.
공시 • Dec 21China Nonferrous Gold Announces Board ChangesChina Nonferrous Gold (CNG) has reported that Li Yong and Shi Xiuzhi have tendered their resignations as non-executive directors of the Company to pursue other business interests. The Directors of the Company have commenced the search for new independent, non-executive directors for CNG and will update shareholders in due course as those conversations progress.
Reported Earnings • Sep 25First half 2023 earnings released: US$0.033 loss per share (vs US$0.013 loss in 1H 2022)First half 2023 results: US$0.033 loss per share (further deteriorated from US$0.013 loss in 1H 2022). Revenue: US$30.2m (down 1.8% from 1H 2022). Net loss: US$12.6m (loss widened 157% from 1H 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 37 percentage points per year, which is a significant difference in performance.
Buying Opportunity • Sep 11Now 83% undervalued after recent price dropOver the last 90 days, the stock is down 50%. The fair value is estimated to be €0.012, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has declined by 113%.
New Risk • Sep 01New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (236% average daily change). Negative equity (-US$313m). Earnings have declined by 68% per year over the past 5 years. Market cap is less than US$10m (€6.49m market cap, or US$7.01m). Minor Risk Latest financial reports are more than 6 months old (reported December 2022 fiscal period end).
New Risk • Jul 07New major risk - Revenue and earnings growthEarnings have declined by 68% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (240% average daily change). Negative equity (-US$313m). Earnings have declined by 68% per year over the past 5 years. Market cap is less than US$10m (€6.63m market cap, or US$7.27m).
공시 • May 31+ 1 more updateChina Nonferrous Gold Limited Announces Change of the BoardChina Nonferrous Gold Limited announced that Mr. Zhang has tendered his resignation as Executive Director of the Company to pursue other business interests. That resignation has immediate effect on May 30, 2023. At the same time, Mr. Feng Zhishuo has been appointed as an Executive Director of the Company with immediate effect. Mr. Feng, aged 42, is a geologist and graduated from Peking University as a master of geology. He is well experienced in the fields of mining and management. From April 2013 to August 2018, he worked as the manager of Technical Department and acting general manager of China Nonferrous Kabwe Mining Co. Ltd. (Zambia); from August 2018 to December 2019, geology director of Southeast Orebody of NFC Africa Mining PLC(Zambia); from December 2019 to October 2022, acting Secretary of the board of China Nonferrous Gold Limited; from October 2022 to present, Secretary of the board of China Nonferrous Gold Limited; from August 2021 to present, the Vice Director of Resource Development Department of China Nonferrous Metals Int’l Mining Co. Ltd. Current Partnerships/Directorships: LLC Pakrut (Tajikistan), Kryso Resources (BVI) Limited. Previous Partnerships/Directorships: International Mining Supplies & Services Limited.
공시 • Nov 25China Nonferrous Gold Limited, Annual General Meeting, Dec 19, 2022China Nonferrous Gold Limited, Annual General Meeting, Dec 19, 2022, at 09:30 Coordinated Universal Time. Location: the office of Charles Russell Speechlys LLP 5 Fleet Place London United Kingdom
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Xiuzhi Shi was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 02First half 2022 earnings released: US$0.013 loss per share (vs US$0.004 loss in 1H 2021)First half 2022 results: US$0.013 loss per share (further deteriorated from US$0.004 loss in 1H 2021). Revenue: US$30.7m (flat on 1H 2021). Net loss: US$4.92m (loss widened 258% from 1H 2021). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 46% per year, which means it is significantly lagging earnings.
Reported Earnings • Jul 01Full year 2021 earnings released: US$0.016 loss per share (vs US$0.017 loss in FY 2020)Full year 2021 results: US$0.016 loss per share (up from US$0.017 loss in FY 2020). Revenue: US$72.0m (up 12% from FY 2020). Net loss: US$6.25m (loss narrowed 1.7% from FY 2020). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Xiuzhi Shi was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Buying Opportunity • Feb 23Now 28% undervalued after recent price dropOver the last 90 days, the stock is down 19%. The fair value is estimated to be US$0.091, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 53% per annum over the last 3 years. Earnings per share has been flat over the last 3 years.
Reported Earnings • Oct 01First half 2021 earnings released: US$0.004 loss per share (vs US$0.018 loss in 1H 2020)The company reported a solid first half result with reduced losses, improved revenues and improved control over expenses. First half 2021 results: Revenue: US$30.9m (up 27% from 1H 2020). Net loss: US$1.38m (loss narrowed 80% from 1H 2020). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 58% per year, which means it is well ahead of earnings.
Executive Departure • Aug 05Finance Director & Executive Director Delin Feng has left the companyOn the 29th of July, Delin Feng's tenure as Finance Director & Executive Director ended after 2.4 years in the role. We don't have any record of a personal shareholding under Delin's name. Delin is the only executive to leave the company over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model.
Reported Earnings • Jul 02Full year 2020 earnings released: US$0.017 loss per share (vs US$0.057 loss in FY 2019)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: US$64.5m (up 31% from FY 2019). Net loss: US$6.36m (loss narrowed 71% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
공시 • Dec 04China Nonferrous Gold Limited, Annual General Meeting, Dec 29, 2020China Nonferrous Gold Limited, Annual General Meeting, Dec 29, 2020, at 09:30 China Standard Time. Location: Room 717, 7th Floor, North Tower of China Nonferrous Building No.10 Anding Road, Chaoyang District Beijing China
Reported Earnings • Oct 01First half earnings releasedOver the last 12 months the company has reported total losses of US$19.3m, with losses widening by 80% from the prior year. Total revenue was US$52.6m over the last 12 months, up 35% from the prior year.
공시 • Sep 29China Nonferrous Gold Limited Announces Board ChangesChina Nonferrous Gold Limited announced that Mr. Liang has tendered his resignation as Chairman of the company to pursue other business interests. That resignation has immediate effect 28 Sep. 2020. At the same time, Mr. Yu Lixian has been appointed Chairman of the company with immediate effect. Mr. Yu was previously Managing Director of the company. To ensure ongoing and effective corporate governance of the Company, it is agreed that Mr. Yong Li, a current Non-Executive Director of the Company, is appointed as the Senior Independent Director with immediate effect. Finally, it is agreed that Mr. Hui Zhang, be appointed as Managing Director of the Company with immediate effect. Mr. Zhang currently serves as the Managing Director of China Nonferrous Metals International Mining Co., Limited.
공시 • Jul 08China Nonferrous Gold Limited to Report Fiscal Year 2019 Results on Jul 31, 2020China Nonferrous Gold Limited announced that they will report fiscal year 2019 results on Jul 31, 2020
