CNNC International Limited, an investment holding company, explores for and trades in mineral properties in Mongolia and the People’s Republic of China. More Details
No risks detected for 2302 from our risk checks.
Adequate balance sheet with weak fundamentals.
Share Price & News
How has CNNC International's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 2302 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 2302's weekly volatility (4%) has been stable over the past year.
7 Day Return
HK Trade Distributors
1 Year Return
HK Trade Distributors
Return vs Industry: 2302 underperformed the Hong Kong Trade Distributors industry which returned -4.9% over the past year.
Return vs Market: 2302 underperformed the Hong Kong Market which returned 8.2% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is CNNC International's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StIs CNNC International (HKG:2302) Using Too Much Debt?
2 months ago | Simply Wall StReflecting on CNNC International's (HKG:2302) Share Price Returns Over The Last Three Years
6 months ago | Simply Wall StDid Changing Sentiment Drive CNNC International's (HKG:2302) Share Price Down By 48%?
Is CNNC International undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: 2302 (HK$1.72) is trading above our estimate of fair value (HK$1.27)
Significantly Below Fair Value: 2302 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 2302 is unprofitable, so we can't compare its PE Ratio to the HK Trade Distributors industry average.
PE vs Market: 2302 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 2302's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 2302 is overvalued based on its PB Ratio (2.6x) compared to the HK Trade Distributors industry average (0.4x).
How is CNNC International forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Capital Goods 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 CNNC International 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.
- Examine CNNC International'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.
- CNNC International competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
How has CNNC International performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2302 is currently unprofitable.
Growing Profit Margin: 2302 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 2302 is unprofitable, but has reduced losses over the past 5 years at a rate of 12.8% per year.
Accelerating Growth: Unable to compare 2302's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 2302 is unprofitable, making it difficult to compare its past year earnings growth to the Trade Distributors industry (-7.7%).
Return on Equity
High ROE: 2302 has a negative Return on Equity (-70.7%), as it is currently unprofitable.
How is CNNC International's financial position?
Financial Position Analysis
Short Term Liabilities: 2302's short term assets (HK$403.8M) exceed its short term liabilities (HK$225.4M).
Long Term Liabilities: 2302's short term assets (HK$403.8M) exceed its long term liabilities (HK$266.2M).
Debt to Equity History and Analysis
Debt Level: 2302's debt to equity ratio (125.8%) is considered high.
Reducing Debt: 2302's debt to equity ratio has increased from 0.3% to 125.8% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 2302 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 2302 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 19.7% per year.
What is CNNC International current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 2302's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 2302'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 2302's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 2302's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 2302's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Yi Zhang (37 yo)
Mr. Yi Zhang serves as Executive Director and Chief Executive Officer at CNNC International Limited since May 4, 2020. Mr. Zhang joined CNUC in 2007 and his roles included external affairs, secretarial, pr...
|CEO & Executive Director||0.50yr||no data||no data|
|Independent Non-Executive Director||0.67yr||no data||no data|
|Independent Non-Executive Director||12yrs||HK$250.00k||no data|
|Independent Non Executive Director||12yrs||HK$250.00k||no data|
|Non-Executive Chairman||0.50yr||no data||no data|
|Non-Executive Director||0.50yr||no data||no data|
Experienced Board: 2302's board of directors are not considered experienced ( 0.6 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
CNNC International Limited's company bio, employee growth, exchange listings and data sources
- Name: CNNC International Limited
- Ticker: 2302
- Exchange: SEHK
- Founded: 2002
- Industry: Trading Companies and Distributors
- Sector: Capital Goods
- Market Cap: HK$841.369m
- Shares outstanding: 489.17m
- Website: https://www.cnncintl.com
Number of Employees
- CNNC International Limited
- No. 118 Connaught Road West
- 30th Floor
- Hong Kong
- Hong Kong
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|2302||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Jan 2003|
|U7MA||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jan 2003|
CNNC International Limited, an investment holding company, explores for and trades in mineral properties in Mongolia and the People’s Republic of China. It operates through Trading of Mineral Property, Exp...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/27 10:21|
|End of Day Share Price||2020/11/27 00:00|
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.