2966 Stock Overview

Engages in the manufacturing and trading of copper and related products in the People’s Republic of China. More details

2966 fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	0/6
Financial Health	0/6
Dividends	0/6

Rewards

Trading at 84.2% below our estimate of its fair value

Risk Analysis

Shares are highly illiquid

Negative shareholders equity

Earnings have declined by 27.7% per year over past 5 years

Does not have a meaningful market cap (HK$238M)

Community vs My Fair Value

Select a narrative for quick price alerts from the community, or create your own.

China Metal Resources Utilization Limited Competitors

China Daye Non-Ferrous Metals Mining

SEHK:661

HK$769.5m

Greentech Technology International

SEHK:195

HK$382.5m

Add New Energy Investment Holdings Group

SEHK:2623

HK$173.4m

Da Sen Holdings Group

SEHK:1580

HK$158.9m

Price History & Performance

Summary of share price highs, lows and changes for China Metal Resources Utilization
Historical stock prices
Current Share Price	HK$0.48
52 Week High	HK$0.67
52 Week Low	HK$0.45
Beta	-0.56
1 Month Change	n/a
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-27.27%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	2966	HK Metals and Mining	HK Market
7D	-9.4%	1.5%	2.2%
1Y	n/a	-2.2%	15.8%

Return vs Industry: Insufficient data to determine how 2966 performed against the Hong Kong Metals and Mining industry.

Return vs Market: Insufficient data to determine how 2966 performed against the Hong Kong Market.

Price Volatility

Is 2966's price volatile compared to industry and market?
2966 volatility
2966 Average Weekly Movement	n/a
Metals and Mining Industry Average Movement	8.1%
Market Average Movement	8.1%
10% most volatile stocks in HK Market	15.4%
10% least volatile stocks in HK Market	4.3%

Stable Share Price: 2966's share price has been volatile over the past 3 months compared to the Hong Kong market.

Volatility Over Time: Insufficient data to determine 2966's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2013	250	Jianqiu Yu	www.cmru.com.cn

China Metal Resources Utilization Limited, together with its subsidiaries, engages in the manufacturing and trading of copper and related products in the People’s Republic of China. It operates through three segments: Recycled Copper Products, Power Transmission and Distribution Cables, and Communication Cables. The company processes recycled scrap copper and electrolytic copper to manufacture a range of copper products, including copper wire rods, wires, plates, and granules; and trades in aluminum related and nickel products.

China Metal Resources Utilization Limited Fundamentals Summary

How do China Metal Resources Utilization's earnings and revenue compare to its market cap?
2966 fundamental statistics
Market cap	HK$237.52m
Earnings (TTM)	-HK$694.50m
Revenue (TTM)	HK$498.19m

0.4x

P/S Ratio

-0.3x

P/E Ratio

Is 2966 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2966 income statement (TTM)
Revenue	CN¥468.04m
Cost of Revenue	CN¥498.77m
Gross Profit	-CN¥30.73m
Other Expenses	CN¥621.73m
Earnings	-CN¥652.46m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-1.46
Gross Margin	-6.57%
Net Profit Margin	-139.40%
Debt/Equity Ratio	-41.4%

How did 2966 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/04/26 03:42
End of Day Share Price	2025/04/25 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

China Metal Resources Utilization Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.