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Newton Resources

SEHK:1231
Snowflake Description

Adequate balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
1231
SEHK
HK$4B
Market Cap
  1. Home
  2. HK
  3. Materials
Company description

Newton Resources Ltd, an investment holding company, mines, processes, and sells iron ore concentrates in the People’s Republic of China. The last earnings update was 33 days ago. More info.


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1231 Share Price and Events
7 Day Returns
0%
SEHK:1231
-3.5%
HK Metals and Mining
-2.4%
HK Market
1 Year Returns
30.1%
SEHK:1231
-32.1%
HK Metals and Mining
-16.5%
HK Market
1231 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Newton Resources (1231) 0% 1.1% 1.1% 30.1% 39.7% 90%
HK Metals and Mining -3.5% -14.2% -20.7% -32.1% 13.2% 6.3%
HK Market -2.4% -9.1% -9.1% -16.5% 19.3% 4.9%
1 Year Return vs Industry and Market
  • 1231 outperformed the Metals and Mining industry which returned -32.1% over the past year.
  • 1231 outperformed the Market in Hong Kong which returned -16.5% over the past year.
Price Volatility
1231
Industry
5yr Volatility vs Market
Related Companies

1231 Value

 Is Newton Resources undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Newton Resources. This is due to cash flow or dividend data being unavailable. The share price is HK$0.95.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Newton Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Newton Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:1231 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CNY CN¥-0.03
SEHK:1231 Share Price ** SEHK (2019-05-24) in HKD HK$0.95
SEHK:1231 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.879 CN¥0.84
Hong Kong Metals and Mining Industry PE Ratio Median Figure of 40 Publicly-Listed Metals and Mining Companies 8.2x
Hong Kong Market PE Ratio Median Figure of 1,478 Publicly-Listed Companies 10.99x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Newton Resources.

SEHK:1231 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:1231 Share Price ÷ EPS (both in CNY)

= 0.84 ÷ -0.03

-31.7x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Newton Resources is loss making, we can't compare its value to the HK Metals and Mining industry average.
  • Newton Resources is loss making, we can't compare the value of its earnings to the Hong Kong market.
Price based on expected Growth
Does Newton Resources's expected growth come at a high price?
Raw Data
SEHK:1231 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -31.7x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Hong Kong Metals and Mining Industry PEG Ratio Median Figure of 15 Publicly-Listed Metals and Mining Companies 0.9x
Hong Kong Market PEG Ratio Median Figure of 463 Publicly-Listed Companies 0.77x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Newton Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Newton Resources's assets?
Raw Data
SEHK:1231 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CNY CN¥0.07
SEHK:1231 Share Price * SEHK (2019-05-24) in HKD HK$0.95
SEHK:1231 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.879 CN¥0.84
Hong Kong Metals and Mining Industry PB Ratio Median Figure of 66 Publicly-Listed Metals and Mining Companies 0.85x
Hong Kong Market PB Ratio Median Figure of 2,157 Publicly-Listed Companies 0.94x
SEHK:1231 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:1231 Share Price ÷ Book Value per Share (both in CNY)

= 0.84 ÷ 0.07

11.75x

* Primary Listing of Newton Resources.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Newton Resources is overvalued based on assets compared to the HK Metals and Mining industry average.
X
Value checks
We assess Newton Resources's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Newton Resources has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

1231 Future Performance

 How is Newton Resources expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Newton 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
12.5%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Newton Resources expected to grow at an attractive rate?
  • Unable to compare Newton Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Newton Resources's earnings growth to the Hong Kong market average as no estimate data is available.
  • Unable to compare Newton Resources's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:1231 Future Growth Rates Data Sources
Data Point Source Value (per year)
Hong Kong Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 12.5%
Hong Kong Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 2.5%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.5%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 10.6%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SEHK:1231 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:1231 Future Estimates Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
SEHK:1231 Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2018-12-31 318 -56 -105
2018-06-30 476 -80 -112
2018-03-31 563 -32 -79
2017-12-31 646 16 -46
2017-09-30 510 -6 -290
2017-06-30 371 -28 -533
2017-03-31 228 -42 -536
2016-12-31 85 -57 -538
2016-09-30 46 -34 -298
2016-06-30 8 -11 -58
2016-03-31 6 -9 -52

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Newton Resources is high growth as no earnings estimate data is available.
  • Unable to determine if Newton Resources is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SEHK:1231 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Newton Resources Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:1231 Future Estimates Data
Date (Data in CNY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
SEHK:1231 Past Financials Data
Date (Data in CNY Millions) EPS *
2018-12-31 -0.03
2018-06-30 -0.03
2018-03-31 -0.02
2017-12-31 -0.01
2017-09-30 -0.07
2017-06-30 -0.13
2017-03-31 -0.13
2016-12-31 -0.13
2016-09-30 -0.07
2016-06-30 -0.01
2016-03-31 -0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Newton Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Newton 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.
  2. Newton Resources's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Newton Resources's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Newton Resources's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Hong Kong market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Hong Kong market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Newton Resources has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

1231 Past Performance

  How has Newton Resources performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Newton Resources's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Newton Resources does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Newton Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Newton Resources's 1-year growth to the HK Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Newton Resources's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Newton Resources Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:1231 Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 318.13 -105.39 31.18
2018-06-30 476.33 -112.00 33.97
2018-03-31 562.61 -79.27 34.92
2017-12-31 646.49 -45.80 34.97
2017-09-30 510.09 -289.98 35.45
2017-06-30 371.28 -533.41 35.03
2017-03-31 227.93 -535.73 40.41
2016-12-31 84.58 -538.06 45.79
2016-09-30 46.10 -298.19 48.09
2016-06-30 7.61 -58.33 50.39
2016-03-31 5.52 -51.84 45.36
2015-12-31 3.42 -45.35 40.33
2015-09-30 2.34 -36.70 40.87
2015-06-30 1.26 -28.06 41.42
2015-03-31 1.26 -37.09 46.42
2014-12-31 1.26 -46.12 51.43
2014-09-30 0.63 -48.54 54.29
2014-06-30 0.00 -50.95 57.15
2014-03-31 1.08 -43.24 52.88
2013-12-31 2.16 -35.52 48.61
2013-09-30 2.16 -34.18 47.28
2013-06-30 2.16 -32.84 45.94
2013-03-31 1.08 -34.23 47.25
2012-12-31 -35.63 48.57
2012-09-30 5.27 -31.22 49.00
2012-06-30 10.54 -26.80 49.43

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Newton Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Newton Resources has efficiently used its assets last year compared to the HK Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Newton Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Newton Resources's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Newton Resources has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

1231 Health

 How is Newton Resources's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Newton Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Newton Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Newton Resources's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Newton Resources's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Newton Resources Company Filings, last reported 4 months ago.

SEHK:1231 Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 279.96 219.05 106.91
2018-06-30 301.18 228.08 312.40
2018-03-31 301.18 228.08 312.40
2017-12-31 386.06 208.98 172.34
2017-09-30 386.06 208.98 381.63
2017-06-30 414.68 216.98 415.82
2017-03-31 414.68 216.98 415.82
2016-12-31 433.49 223.63 406.58
2016-09-30 433.49 223.63 406.58
2016-06-30 953.79 290.60 527.94
2016-03-31 953.79 290.60 527.94
2015-12-31 977.01 284.85 533.22
2015-09-30 977.01 284.85 533.22
2015-06-30 1,012.51 291.78 568.96
2015-03-31 1,012.51 291.78 568.96
2014-12-31 1,022.65 315.56 605.73
2014-09-30 1,022.65 315.56 605.73
2014-06-30 1,040.87 317.52 635.56
2014-03-31 1,040.87 317.52 635.56
2013-12-31 1,067.65 381.31 734.42
2013-09-30 1,067.65 381.31 734.42
2013-06-30 1,090.62 386.35 761.08
2013-03-31 1,090.62 386.35 761.08
2012-12-31 1,102.96 393.24 796.22
2012-09-30 1,102.96 393.24 796.22
2012-06-30 1,123.71 395.37 839.64
  • Newton Resources's level of debt (78.2%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (35.7% vs 78.2% today).
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.

  • Newton Resources has sufficient cash runway for 1.9 years based on current free cash flow.
  • Newton Resources has sufficient cash runway for 1.7 years if free cash flow continues to grow at historical rates of 39.9% each year.
X
Financial health checks
We assess Newton Resources's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Newton Resources has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

1231 Dividends

 What is Newton Resources's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Newton Resources dividends.
If you bought HK$2,000 of Newton Resources shares you are expected to receive HK$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Newton Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Newton Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SEHK:1231 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Hong Kong Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 27 Stocks 5%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 965 Stocks 3.7%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.2%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 2.1%
Hong Kong Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SEHK:1231 Future Dividends Estimate Data
Date (Data in CN¥) Dividend per Share (annual) Avg. No. Analysts

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Newton Resources has not reported any payouts.
  • Unable to verify if Newton Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Newton Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Newton Resources has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Newton Resources's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Newton Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Newton Resources has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

1231 Management

 What is the CEO of Newton Resources's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • Newton Resources has no CEO, or we have no data on them.
Management Team

Benny Chong

TITLE
Executive Chairman of the Board
COMPENSATION
CN¥2M
AGE
45

Yue Kan Luk

TITLE
CFO, Company Secretary & Executive Director
COMPENSATION
CN¥2M
AGE
42
TENURE
4.1 yrs

Changfa Li

TITLE
COO & Executive Director
COMPENSATION
CN¥2M
AGE
71
TENURE
5.2 yrs
Board of Directors Tenure

Average tenure and age of the Newton Resources board of directors in years:

5.2
Average Tenure
53
Average Age
  • The tenure for the Newton Resources board of directors is about average.
Board of Directors

Benny Chong

TITLE
Executive Chairman of the Board
COMPENSATION
CN¥2M
AGE
45
TENURE
1.1 yrs

Yue Kan Luk

TITLE
CFO, Company Secretary & Executive Director
COMPENSATION
CN¥2M
AGE
42
TENURE
4.1 yrs

Changfa Li

TITLE
COO & Executive Director
COMPENSATION
CN¥2M
AGE
71
TENURE
5.2 yrs

Eddie Lee

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥197K
AGE
53
TENURE
8.4 yrs

King Fai Tsui

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥197K
AGE
68
TENURE
8.4 yrs

Danny Wu

TITLE
Non-Executive Director
COMPENSATION
CN¥223K
AGE
57
TENURE
8.3 yrs

Fabian Shin

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥197K
AGE
49
TENURE
3.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
X
Management checks
We assess Newton Resources's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Newton Resources has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

1231 News

Simply Wall St News

What You Should Know About Newton Resources Ltd's (HKG:1231) Financial Strength

While small-cap stocks, such as Newton Resources Ltd (HKG:1231) with its market cap of HK$3.7b, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … the current state of its operations and pathway to profitability.

Simply Wall St -

The Newton Resources Share Price Is Up 34% And Shareholders Are Holding On

For example, the Newton Resources Ltd (HKG:1231) share price return of 34% over three years lags the market return in the same period. … Newton Resources isn't a profitable company, so it is unlikely we'll see a strong correlation between its share price and its earnings per share (EPS). … Generally, we'd expect a stronger share price, given the impressive revenue growth.

Simply Wall St -

What Kind Of Investor Owns Most Of Newton Resources Ltd (HKG:1231)?

The big shareholder groups in Newton Resources Ltd (HKG:1231) have power over the company. … Newton Resources is not a large company by global standards. … View our latest analysis for Newton Resources

Simply Wall St -

What Does Newton Resources Ltd's (HKG:1231) Ownership Structure Look Like?

In this article, I will take a quick look at Newton Resources Ltd’s (HKG:1231) recent ownership structure – an unconventional investing subject, but an important one. … The impact of a company's ownership structure affects both its short- and long-term performance. … The effect of an active institutional investor with a similar ownership as a passive pension-fund can be vastly different on a company's corporate governance and accountability to shareholders.

Simply Wall St -

Why Newton Resources Ltd's (HKG:1231) Ownership Structure Is Important

SEHK:1231 Insider_trading Apr 23rd 18 General Public Ownership The general public holds a substantial 28.29% stake in 1231, making it a highly popular stock among retail investors. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … Thus, potential investors should look into these business relations and check how it can impact long-term shareholder returns.Next Steps: A relatively significant holding of company insiders could mean high alignment with shareholders.

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Newton Resources Ltd (HKG:1231): Has Recent Earnings Growth Beaten Long-Term Trend?

Examining how Newton Resources Ltd (SEHK:1231) is performing as a company requires looking at more than just a years' earnings. … Below, I will run you through a simple sense check to build perspective on how Newton Resources is doing by comparing its most recent earnings with its historical trend, in addition to the performance of its metals and mining industry peers. … This suggests that, despite the fact that Newton Resources is presently running a loss, it may have only just been aided by the recent industry expansion, moving earnings into a more favorable position.What does this mean?

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Is Newton Resources Ltd's (HKG:1231) Balance Sheet A Threat To Its Future?

How does 1231’s operating cash flow stack up against its debt? … Moving onto cash from operations, its small level of operating cash flow means calculating cash-to-debt wouldn't be too useful, though these low levels of cash means that operational efficiency is worth a look. … Running high debt, while not yet making money, can be risky in unexpected downturns as liquidity may dry up, making it hard to operate.Next Steps: At its current level of cash flow coverage, 1231 has room for improvement to better cushion for events which may require debt repayment.

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Who Owns Newton Resources Ltd (HKG:1231)?

With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors. … Private Company Ownership Another important group of owners for potential investors in 1231 are private companies that hold a stake of 27.46% in 1231. … Thus, investors should dig deeper into 1231's business relations with these companies and how it can affect shareholder returns in the long-term.What this means for you: A relatively significant holding of company insiders could mean high alignment with shareholders.

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Basic Materials Stocks: Is Now The Time To Buy Newton Resources Ltd (HKG:1231)?

Newton Resources Ltd (SEHK:1231), a HKDHK$3.76B small-cap, operates in the basic materials industry which is sensitive to changes in the business cycle, as it supplies materials for construction activities. … Below, I will examine the sector growth prospects, and also determine whether Newton Resources is a laggard or leader relative to its basic materials sector peers. … If your initial investment thesis is around the growth prospects of Newton Resources, there are other metals and mining companies that have delivered higher growth, and perhaps trading at a discount to the industry average.

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Is Newton Resources Ltd (HKG:1231) A Financially Sound Company?

How does 1231’s operating cash flow stack up against its debt? … 1231’s cash flow coverage indicates it could improve its operating efficiency in order to meet demand for debt repayments should unforeseen events arise. … Though short-term liquidity isn't an issue, 1231's high debt levels along with poor cash coverage may scare some investors away intially.

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1231 Company Info

Description

Newton Resources Ltd, an investment holding company, mines, processes, and sells iron ore concentrates in the People’s Republic of China. The company operates through four segments: Iron Concentrates Business, Gabbro-Diabase and Stone Business, Trading Business, and Car-Park Business. It supplies and trades in iron ores, steel products, other commodities, and construction materials. The company also produces railway ballast, highway crushed stone, and gabbro-diabase products. It owns, operates, and manages car-parking spaces. The company is headquartered in Xingtai, the People’s Republic of China.

Details
Name: Newton Resources Ltd
1231
Exchange: SEHK
Founded:
HK$3,800,000,000
4,000,000,000
Website: http://www.newton-resources.com
Address: Newton Resources Ltd
Yanjiazhuang Mine,
Shiwopu Village West,
Xingtai,
Hebei Province, China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 1231 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 04. Jul 2011
Number of employees
Current staff
Staff numbers
79
Newton Resources employees.
Industry
Steel
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/27 13:00
End of day share price update: 2019/05/24 00:00
Last estimates confirmation: 2018/03/27
Last earnings filing: 2019/04/24
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.