Executive Summary
CI Resources Limited, together with its subsidiaries, engages in mining, processing, and sale of phosphate rock, phosphate dust, and chalk in Australia, Malaysia, and Singapore. More Details
Risk Analysis
+ 1 more risk
Snowflake Analysis
Flawless balance sheet and 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: Insufficient data to determine CII's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine CII's volatility change over the past year.
Market Performance
7 Day Return
-19.0%
CII
3.0%
AU Metals and Mining
2.6%
AU Market
1 Year Return
-32.5%
CII
26.8%
AU Metals and Mining
-0.4%
AU Market
Return vs Industry: CII underperformed the Australian Metals and Mining industry which returned 26.8% over the past year.
Return vs Market: CII underperformed the Australian Market which returned -0.4% over the past year.
Shareholder returns
| CII | Industry | Market | |
|---|---|---|---|
| 7 Day | -19.0% | 3.0% | 2.6% |
| 30 Day | -16.5% | 8.5% | 3.4% |
| 90 Day | -9.0% | 28.5% | 14.6% |
| 1 Year | -32.5%-32.5% | 33.7%26.8% | 3.0%-0.4% |
| 3 Year | -50.7%-54.0% | 71.9%48.3% | 26.6%11.0% |
| 5 Year | -28.1%-40.0% | 277.5%210.0% | 67.5%33.9% |
Long-Term 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
2 weeks ago | Simply Wall St
Does CI Resources' (ASX:CII) CEO Salary Compare Well With Industry Peers?1 month ago | Simply Wall St
Would Shareholders Who Purchased CI Resources' (ASX:CII) Stock Three Years Be Happy With The Share price Today?2 months ago | Simply Wall St
Is CI Resources (ASX:CII) Using Too Much Debt?Valuation
Is CI Resources undervalued compared to its fair value and its price relative to the market?
2934.78x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CII (A$0.81) is trading above our estimate of fair value (A$0.01)
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 (2934.8x) compared to the AU Metals and Mining industry average (15.2x).
PE vs Market: CII is poor value based on its PE Ratio (2934.8x) compared to the Australian market (23.5x).
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 (0.5x) compared to the AU Metals and Mining industry average (3x).
Next Steps
Future Growth
How is CI Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
7.3%
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?
-32.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CII has a large one-off loss of A$3.8M impacting its June 30 2020 financial results.
Growing Profit Margin: CII's current net profit margins (0.03%) are lower than last year (6.4%).
Past Earnings Growth Analysis
Earnings Trend: CII's earnings have declined by 32% 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 (-99.6%) over the past year, making it difficult to compare to the Metals and Mining industry average (38%).
Return on Equity
High ROE: CII's Return on Equity (0.02%) is considered low.
Next Steps
Financial Health
How is CI Resources's financial position?
Financial Position Analysis
Short Term Liabilities: CII's short term assets (A$114.9M) exceed its short term liabilities (A$23.8M).
Long Term Liabilities: CII's short term assets (A$114.9M) exceed its long term liabilities (A$36.0M).
Debt to Equity History and Analysis
Debt Level: CII's debt to equity ratio (9.8%) is considered satisfactory.
Reducing Debt: CII had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: CII's debt is well covered by operating cash flow (49.1%).
Interest Coverage: CII's interest payments on its debt are well covered by EBIT (5x coverage).
Balance Sheet
Next Steps
Dividend
What is CI Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CII's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CII's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CII's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CII's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: CII is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CII's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.8yrs
Average management tenure
CEO
Ah Hong Lai
5.83yrs
Tenure
AU$883,519
Compensation
Mr. Ah Hong Lai has been the Managing Director of CI Resources Limited since March 09, 2015. Mr. Lai serves as Managing Director of Phosphate Resources Limited. He is responsible for the day-to-day running...
CEO Compensation Analysis
Compensation vs Market: Ah Hong's total compensation ($USD680.00K) is above average for companies of similar size in the Australian market ($USD293.85K).
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 | 5.83yrs | AU$883.52k | 2.21% A$ 2.1m | |
| Group Chief Financial Officer | 5.33yrs | AU$415.35k | no data | |
| Non-Independent Executive Director | 13.58yrs | AU$214.65k | 8.82% A$ 8.3m | |
| Company Secretary | 9.92yrs | AU$48.68k | no data |
5.8yrs
Average Tenure
Experienced Management: CII's management team is seasoned and experienced (5.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Executive Director | 5.83yrs | AU$883.52k | 2.21% A$ 2.1m | |
| Non-Independent Executive Director | 13.58yrs | AU$214.65k | 8.82% A$ 8.3m | |
| Independent Non-Executive Director | 8yrs | AU$136.30k | 0.13% A$ 121.5k | |
| Non-Executive Independent Chairman | 11yrs | AU$182.65k | no data | |
| Independent Non-Executive Director | 9.83yrs | AU$125.15k | no data | |
| Non-Executive Director | 9.83yrs | AU$114.00k | 1.06% A$ 995.6k |
9.8yrs
Average Tenure
Experienced Board: CII's board of directors are considered experienced (9.8 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$93.621m
- 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 mining, processing, and sale of phosphate rock, phosphate dust, and chalk in Australia, Malaysia, and Singapore. It operates through Mining ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/26 07:03 |
| End of Day Share Price | 2021/01/21 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2020/06/30 |
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.