Executive Summary
CI Resources Limited, together with its subsidiaries, engages in the mining, processing, and sale of phosphate rock, phosphate dust, and chalk in Australia and Malaysia.
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet and slightly overvalued.
Share Price & News
How has CI Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CII has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0%
CII
0.2%
AU Metals and Mining
1.4%
AU Market
1 Year Return
-20.7%
CII
7.9%
AU Metals and Mining
16.1%
AU Market
Return vs Industry: CII underperformed the Australian Metals and Mining industry which returned 7.9% over the past year.
Return vs Market: CII underperformed the Australian Market which returned 16.1% over the past year.
Shareholder returns
| CII | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 0.2% | 1.4% |
| 30 Day | -4.2% | -4.4% | 0.5% |
| 90 Day | n/a | 4.8% | 4.8% |
| 1 Year | -19.1%-20.7% | 13.4%7.9% | 21.2%16.1% |
| 3 Year | -23.5%-32.6% | 50.6%32.1% | 37.0%18.6% |
| 5 Year | 74.0%35.3% | 88.1%44.2% | 51.7%17.8% |
Price Volatility Vs. Market
How volatile is CI Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall St
Is CI Resources Limited (ASX:CII) An Attractive Dividend Stock?3 weeks ago | Simply Wall St
The CI Resources (ASX:CII) Share Price Has Gained 50% And Shareholders Are Hoping For More1 month ago | Simply Wall St
How Much is CI Resources Limited's (ASX:CII) CEO Getting Paid?Valuation
Is CI Resources undervalued compared to its fair value and its price relative to the market?
15.33x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CII (A$1.15) is trading above our estimate of fair value (A$0.43)
Significantly Below Fair Value: CII is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CII is poor value based on its PE Ratio (15.3x) compared to the Metals and Mining industry average (12.4x).
PE vs Market: CII is good value based on its PE Ratio (15.3x) compared to the Australian market (18.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CII's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CII is good value based on its PB Ratio (0.7x) compared to the AU Metals and Mining industry average (1.4x).
Next Steps
Future Growth
How is CI Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
0.7%
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as CI Resources has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine CI Resources's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- CI Resources competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
Past Performance
How has CI Resources performed over the past 5 years?
-2.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CII has high quality earnings.
Growing Profit Margin: CII's current net profit margins (6.4%) are lower than last year (12.6%).
Past Earnings Growth Analysis
Earnings Trend: CII's earnings have declined by -2.5% per year over the past 5 years.
Accelerating Growth: CII's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CII had negative earnings growth (-59%) over the past year, making it difficult to compare to the Metals and Mining industry average (19.1%).
Return on Equity
High ROE: CII's Return on Equity (4.4%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is CI Resources's financial position?
Financial Position Analysis
Short Term Liabilities: CII's short term assets (A$112.2M) exceed its short term liabilities (A$19.7M).
Long Term Liabilities: CII's short term assets (A$112.2M) exceed its long term liabilities (A$38.0M).
Debt to Equity History and Analysis
Debt Level: CII's debt to equity ratio (6.8%) is considered satisfactory.
Reducing Debt: CII's debt to equity ratio has increased from 4.2% to 6.8% over the past 5 years.
Debt Coverage: CII's debt is well covered by operating cash flow (128.1%).
Interest Coverage: CII's interest payments on its debt are well covered by EBIT (54.3x coverage).
Balance Sheet
Inventory Level: CII has a high level of physical assets or inventory.
Debt Coverage by Assets: CII's debt is covered by short term assets (assets are 8.5x debt).
Next Steps
Dividend
What is CI Resources's current dividend yield, its reliability and sustainability?
2.61%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: CII's dividend (2.61%) is higher than the bottom 25% of dividend payers in the Australian market (2.29%).
High Dividend: CII's dividend (2.61%) is low compared to the top 25% of dividend payers in the Australian market (5.5%).
Stability and Growth of Payments
Stable Dividend: CII's dividend payments have been volatile in the past 10 years.
Growing Dividend: CII's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (40%), CII's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.9yrs
Average management tenure
CEO
Ah Hong Lai 0
4.9yrs
Tenure
AU$1,079,734
Compensation
Mr. Ah Hong Lai has been the Managing Director of CI Resources Limited since March 2015. Mr. Lai serves as Managing Director of Phosphate Resources Limited. He is responsible for the day-to-day running and ...
CEO Compensation Analysis
Compensation vs Market: Ah Hong's total compensation ($USD725.48K) is above average for companies of similar size in the Australian market ($USD254.67K).
Compensation vs Earnings: Ah Hong's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Executive Director | 4.9yrs | AU$1.08m | 2.21% A$2.9m | |
| Group Chief Financial Officer | 4.4yrs | AU$477.67k | no data | |
| Executive Director | 12.7yrs | AU$204.71k | 8.82% A$11.7m | |
| Company Secretary | 9yrs | AU$52.68k | no data |
4.9yrs
Average Tenure
Experienced Management: CII's management team is considered experienced (4.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Executive Director | 4.9yrs | AU$1.08m | 2.21% A$2.9m | |
| Executive Director | 12.7yrs | AU$204.71k | 8.82% A$11.7m | |
| Independent Non-Executive Director | 7.1yrs | AU$142.30k | 0.13% A$172.5k | |
| Non-Executive Independent Chairman | 10.1yrs | AU$191.15k | no data | |
| Non-Executive Director | 8.9yrs | AU$131.15k | no data | |
| Non-Executive Director | 8.9yrs | AU$120.00k | 1.06% A$1.4m |
8.9yrs
Average Tenure
Experienced Board: CII's board of directors are considered experienced (8.9 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
CI Resources Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: CI Resources Limited
- Ticker: CII
- Exchange: ASX
- Founded: 1987
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$132.918m
- Shares outstanding: 115.58m
- Website: https://www.ciresources.com.au
Location
- CI Resources Limited
- 6 Thorogood Street
- Burswood
- Western Australia
- 6100
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CII | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Mar 1992 |
| CII | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Mar 1992 |
Biography
CI Resources Limited, together with its subsidiaries, engages in the mining, processing, and sale of phosphate rock, phosphate dust, and chalk in Australia and Malaysia. It operates through Mining and Farming segments. The company also provides earthmoving, fuel pilotage, maintenance, and stevedoring services to other organizations in Christmas Island; operates a palm oil estate; and processes and sells palm oil products. In addition, it offers shipping services; and fuel and marketing services. The company exports its phosphate products to New Zealand, Malaysia, Thailand, and Indonesia. The company was incorporated in 1987 and is based in Burswood, Australia.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/17 10:32 |
| End of Day Share Price | 2020/02/10 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2019/06/30 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.