New Risk • Apr 12
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. 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 (19% average weekly change). Negative equity (-CN¥4.4b). Earnings have declined by 13% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (HK$138.9m market cap, or US$17.7m). Announcement • Mar 19
China Metal Resources Utilization Limited to Report Fiscal Year 2025 Results on Mar 31, 2026 China Metal Resources Utilization Limited announced that they will report fiscal year 2025 results at 12:30 PM, China Standard Time on Mar 31, 2026 Reported Earnings • Sep 28
First half 2025 earnings released: CN¥0.46 loss per share (vs CN¥0.49 loss in 1H 2024) First half 2025 results: CN¥0.46 loss per share (improved from CN¥0.49 loss in 1H 2024). Revenue: CN¥340.9m (down 25% from 1H 2024). Net loss: CN¥208.1m (loss narrowed 6.2% from 1H 2024). Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Aug 15
China Metal Resources Utilization Limited to Report Q2, 2025 Results on Aug 29, 2025 China Metal Resources Utilization Limited announced that they will report Q2, 2025 results on Aug 29, 2025 Announcement • Jun 09
China Metal Resources Utilization Limited, Annual General Meeting, Jun 30, 2025 China Metal Resources Utilization Limited, Annual General Meeting, Jun 30, 2025, at 14:00 China Standard Time. Location: unit 809-810, 8th floor, hong kong plaza, no. 188 connaught road west., Hong Kong Board Change • Apr 25
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Rengzhong Yu was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 02
Full year 2024 earnings released: CN¥0.15 loss per share (vs CN¥0.18 loss in FY 2023) Full year 2024 results: CN¥0.15 loss per share (improved from CN¥0.18 loss in FY 2023). Revenue: CN¥468.0m (down 44% from FY 2023). Net loss: CN¥652.5m (loss narrowed 19% from FY 2023). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Mar 20
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 29% to HK$0.072. The fair value is estimated to be HK$0.092, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 80% over the last 3 years. Earnings per share has declined by 26%. Announcement • Mar 18
China Metal Resources Utilization Limited to Report Fiscal Year 2024 Results on Mar 31, 2025 China Metal Resources Utilization Limited announced that they will report fiscal year 2024 results on Mar 31, 2025 Recent Insider Transactions • Mar 11
Founder recently sold HK$115k worth of stock On the 6th of March, Jianqiu Yu sold around 2m shares on-market at roughly HK$0.068 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Jianqiu has been a net seller over the last 12 months, reducing personal holdings by HK$118k. Buy Or Sell Opportunity • Mar 03
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 67% to HK$0.071. The fair value is estimated to be HK$0.091, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 80% over the last 3 years. Earnings per share has declined by 26%. Buy Or Sell Opportunity • Feb 06
Now 21% overvalued The stock has been flat over the last 90 days, currently trading at HK$0.12. The fair value is estimated to be HK$0.096, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 80% over the last 3 years. Earnings per share has declined by 26%. Buy Or Sell Opportunity • Jan 07
Now 21% overvalued The stock has been flat over the last 90 days, currently trading at HK$0.12. The fair value is estimated to be HK$0.095, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 80% over the last 3 years. Earnings per share has declined by 26%. Buy Or Sell Opportunity • Nov 28
Now 103% overvalued The stock has been flat over the last 90 days, currently trading at HK$0.20. The fair value is estimated to be HK$0.096, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 80% over the last 3 years. Earnings per share has declined by 26%. Board Change • Nov 25
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Rengzhong Yu was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jan 27
China Metal Resources Utilization Limited Provides Financial Guidance for the Year Ended December 31, 2022 China Metal Resources Utilization Limited provided financial guidance for the year ended 31 December 2022. The Group is expected to record a decrease in the revenue and a loss attributable to Shareholders of approximately RMB 4,763 million for the year ended 31 December 2022 as compared with the loss attributable to Shareholders of approximately RMB 95 million for the year ended 31 December 2021. Announcement • Jul 01
China Metal Resources Utilization Limited Announces Retirement of Huang Weiping as Executive Director China Metal Resources Utilization Limited announced that the re-election of Mr. Huang Weiping as executive Director was not passed at the AGM, Mr. Huang retired as an executive Director, with effect from the conclusion of the AGM accordingly. Announcement • Jun 07
China Metal Resources Utilization Limited, Annual General Meeting, Jun 30, 2023 China Metal Resources Utilization Limited, Annual General Meeting, Jun 30, 2023, at 15:00 China Standard Time. Location: Unit 2513B, 25/F., Cosco Tower, 183 Queen's Road Central, Hong Kong Central (Hong Kong) Hong Kong Agenda: To adjourn receiving, considering and approving the audited consolidated financial statements of the Company and the reports of the directors and of the independent auditor for the year ended 31 December 2022; to re-elect Mr. Kwong Wai Sun Wilson as an executive director of the Company; to re-elect Mr. Huang Weiping as an executive director of the Company; to re-elect Ms. Zhu Yufen as an executive director of the Company; to re-appoint ZHONGHUI ANDA CPA Limited as the auditor of the Company and to authorise the board of directors of the Company to fix their remuneration; and to consider other matters. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Rengzhong Yu was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Oct 14
China Metal Resources Utilization Limited Announces Board Changes China Metal Resources Utilization Limited announced that Mr. Pan Liansheng has resigned as an independent non-executive Director with effect from 13 October 2022, and each of Mr. Fang Guanghua and Mr. Yu Rengzhong has been appointed as an independent non-executive Director with effect from 13 October 2022. With effect from his resignation as an independent non-executive Director, Mr. Pan Liansheng ceased to be the chairman of the Remuneration Committee and a member of each of the Audit Committee and the Nomination Committee. Mr. Fang Guanghua has been appointed as the chairman of the Remuneration Committee and a member of each of the Audit Committee and the Nomination Committee with effect from 13 October 2022. Mr. Yu Rengzhong has been appointed as the chairman of the Audit Committee and a member of each of the Remuneration Committee and the Nomination Committee with effect from 13 October 2022. Mr. Fang Guanghua, aged 56, obtained a certificate of building construction and management from The Open University of China in January 2011. Mr. Fang has been serving as a director of Sichuan Gangfu Decoration Design Co. Ltd., Ganghua Tongda Industrial (Chengdu) Co. Ltd., and Sichuan Xinduguicheng Village Bank Co. Ltd. since May 1994, November 2017, and March 2011 respectively. Mr. Fang is experienced in corporate management, building and construction, civil engineering, sales of communication electronic products, and general banking business. Pursuant to the appointment letter to be entered into by the Company and Mr. Fang, his initial term of office is 2 years and shall continue unless terminated in accordance with the terms and conditions specified therein. Mr. Fang will hold office until the first annual general meeting to be convened by the Company and is subject to retirement by rotation and re-election at annual general meetings of the Company in accordance with its articles of association and the Listing Rules, as amended from time to time. He will receive a director's fee of HKD 180,000 per annum, which is determined by the Board and is subject to annual review with reference to the prevailing market condition, his duties and responsibilities in and the time he spent on the affairs of the Company. Mr. Yu Rengzhong, aged 44, graduated from Xian Jiaotong University with a bachelor degree in investment economic in July 2001. Mr. Yu has been serving as the financial controller of Fujian Minhai Energy Co. Ltd. since June 2020. From January 2019 to March 2020, Mr. Yu served as the general manager of Xiamen Bangfu Investment Management Co. Ltd., mainly engaging in initial public offering planning. From September 2001 to June 2007, Mr. Yu worked in Fujian Mindu Certified Public Accountants Co. Ltd. (currently knonw as Fujian Lixin Mindu Certified Public Accountants Co. Ltd.) with his last role as the audit manager. Mr. Yu has approximately 21 years of experiences in auditing, accounting and financial management. Mr. Yu is a member of The Chinese Institute of Certified Public Accountants. Nomination Committee), Mr. Fang has been appointed as the chairman of the Remuneration Committee and a member of each of the Audit Committee and the Nomination Committee with effect from 13 October 2022, and Mr. Yu has been appointed as the chairman of the Audit Committee and a member of each of the Remuneration Committee and the Nomination Committee with effect from 13 October 2022. Announcement • Sep 03
China Metal Resources Utilization Limited Appoints Mr. Gao Qiang as Executive Director The board of directors of China Metal Resources Utilization Limited announced that Mr. GAO Qiang (Mr. Gao) has been appointed as an executive Director of the company with effect from 2 September 2022. Mr. GAO Qiang, aged 53, graduated from Shanghai Theatre Academy in 1994 with a bachelor degree in acting. Mr. Gao has been serving as an executive director of Yawei Culture Media (Shanghai) Co. Ltd. and Xing Jiu Culture Media (Shanghai) Co. Ltd. since January 2019 and March 2019, respectively. He also currently serves as the secretary general of China Literature and Art Foundation Folk Art Special Fund and an honorary curator of Jin Shangjing History Museum. Mr. Gao's background and experience in corporate management and project management would allow him to contribute to the Group by providing leadership and views from a different perspective and assist the Group in navigating through challenges and seizing business opportunities. Pursuant to the service contract to be entered into by the Company and Mr. Gao, his initial term of office is 2 years and shall continue unless terminated in accordance with the terms and condition specified therein. Mr. Gao will hold office until the first general meeting to be convened by the Company and is subject to retirement by rotation and re-election at the general meetings of the Company in accordance with its articles of association. He is eligible to participate in the share option scheme of the company and entitled to receive a director's fee of HKD 180,000 per annum and discretionary bonus, which is determined by the Board based on the recommendation of the remuneration committee of the Company after taking into account, among others, his qualifications, experience, responsibilities undertaken and the prevailing market level of remuneration for similar position, and is subject to annual review with reference to the prevailing market condition, his duties and responsibilities in and the time he spent on the affairs of the company. Reported Earnings • Sep 01
First half 2022 earnings released: CN¥0.12 loss per share (vs CN¥0.024 loss in 1H 2021) First half 2022 results: CN¥0.12 loss per share (down from CN¥0.024 loss in 1H 2021). Revenue: CN¥1.12b (down 67% from 1H 2021). Net loss: CN¥523.6m (loss widened CN¥451.5m from 1H 2021). Announcement • Aug 26
China Metal Resources Utilization Limited Provides Earnings Guidance for the Six Months Ended 30 June 2022 The Board of China Metal Resources Utilization Limited announced that, based on information currently available, the Group is expected to record a loss attributable to Shareholders of approximately RMB 500 million for the six months ended 30 June 2022 as compared with the loss attributable to Shareholders of RMB 72 million for the six months ended 30 June 2021. Based on the information currently available to the Company, the Board believes that such substantial increase in loss is mainly attributable to the decrease in VAT refunds under the Comprehensive Utilisation of Resources Policy, the substantial increase in provision for doubtful debts and a decrease in volume of its sale transactions under the detrimental impact of COVID-19 on the economy for the Relevant Period as compared to the six months ended 30 June 2021. Announcement • Aug 17
China Metal Resources Utilization Limited to Report First Half, 2022 Results on Aug 31, 2022 China Metal Resources Utilization Limited announced that they will report first half, 2022 results on Aug 31, 2022 Announcement • Jun 29
China Metal Resources Utilization Limited Approves to Elect Li Wei as an Independent Non-Executive Director China Metal Resources Utilization Limited approved to elect Mr. Li Wei as an independent non-executive director of the Company, at its AGM held on 28 June 2022. Announcement • May 26
China Metal Resources Utilization Limited Announces Executive Retirements The board of directors of China Metal Resources Utilization Limited announced that Ms. Ren Ruxian and Mr. Lee Ting Bun Denny will retire as an independent non-executive director of the Company at the forthcoming annual general meeting of the Company. Reported Earnings • May 02
Full year 2021 earnings released: CN¥0.03 loss per share (vs CN¥0.14 loss in FY 2020) Full year 2021 results: CN¥0.03 loss per share (up from CN¥0.14 loss in FY 2020). Revenue: CN¥7.72b (down 54% from FY 2020). Net loss: CN¥95.5m (loss narrowed 75% from FY 2020). Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 7 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Ren Ruxian was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Apr 03
Full year 2021 earnings released: CN¥0.03 loss per share (vs CN¥0.14 loss in FY 2020) Full year 2021 results: CN¥0.03 loss per share (up from CN¥0.14 loss in FY 2020). Revenue: CN¥7.72b (down 54% from FY 2020). Net loss: CN¥95.5m (loss narrowed 75% from FY 2020). Announcement • Apr 01
China Metal Resources Utilization Limited, Annual General Meeting, Jun 28, 2022 China Metal Resources Utilization Limited, Annual General Meeting, Jun 28, 2022. Announcement • Feb 26
China Metal Resources Utilization Limited has completed a Follow-on Equity Offering in the amount of HKD 476.874795 million. China Metal Resources Utilization Limited has completed a Follow-on Equity Offering in the amount of HKD 476.874795 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,025,537,194
Price\Range: HKD 0.465
Transaction Features: Subsequent Direct Listing Reported Earnings • Sep 03
First half 2021 earnings released: CN¥0.024 loss per share (vs CN¥0.059 loss in 1H 2020) The company reported a soft first half result with weaker revenues and control over costs, although losses reduced. First half 2021 results: Revenue: CN¥3.36b (down 67% from 1H 2020). Net loss: CN¥72.1m (loss narrowed 54% from 1H 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 28 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 02
Full year 2020 earnings released: CN¥0.15 loss per share (vs CN¥0.082 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: CN¥16.7b (down 31% from FY 2019). Net loss: CN¥387.2m (loss widened 78% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance. Announcement • Mar 27
China Metal Resources Utilization Limited Provides Financial Guidance for the Year Ended 31 December 2020 China Metal Resources Utilization Limited provided financial guidance for the year ended 31 December 2020. The Group is expected to record a loss attributable to Shareholders of approximately RMB 400 million for the year ended 31 December 2020 as compared with the loss attributable to Shareholders of RMB 217 million for the year ended 31 December 2019. Announcement • Mar 20
China Metal Resources Utilization Limited to Report Fiscal Year 2020 Results on Mar 31, 2021 China Metal Resources Utilization Limited announced that they will report fiscal year 2020 results on Mar 31, 2021 Announcement • Mar 19
China Metal Resources Utilization Limited has completed a Follow-on Equity Offering in the amount of HKD 287.598113 million. China Metal Resources Utilization Limited has completed a Follow-on Equity Offering in the amount of HKD 287.598113 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 618,490,566
Price\Range: HKD 0.465
Transaction Features: Subsequent Direct Listing Is New 90 Day High Low • Feb 22
New 90-day high: HK$0.38 The company is up 140% from its price of HK$0.16 on 24 November 2020. The Hong Kong market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 49% over the same period. Is New 90 Day High Low • Jan 13
New 90-day high: HK$0.28 The company is up 27% from its price of HK$0.22 on 15 October 2020. The Hong Kong market is up 14% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 53% over the same period. Is New 90 Day High Low • Dec 28
New 90-day high: HK$0.24 The company is up 11% from its price of HK$0.22 on 29 September 2020. The Hong Kong market is also up 11% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Metals and Mining industry, which is up 43% over the same period. Is New 90 Day High Low • Oct 16
New 90-day low: HK$0.20 The company is down 43% from its price of HK$0.35 on 17 July 2020. The Hong Kong market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 3.0% over the same period. Is New 90 Day High Low • Sep 25
New 90-day low: HK$0.21 The company is down 27% from its price of HK$0.28 on 26 June 2020. The Hong Kong market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 14% over the same period. Announcement • Sep 21
China Metal Resources Utilization Limited(SEHK:1636) dropped from S&P Global BMI Index China Metal Resources Utilization Limited(SEHK:1636) dropped from S&P Global BMI Index Announcement • Aug 22
China Metal Resources Utilization Limited to Report First Half, 2020 Results on Aug 31, 2020 China Metal Resources Utilization Limited announced that they will report first half, 2020 results on Aug 31, 2020