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China Natural Resources

Nasdaq:CHNR
Snowflake Description

Worrying balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CHNR
Nasdaq
$43M
Market Cap
  1. Home
  2. US
  3. Materials
Company description

China Natural Resources, Inc., through its subsidiaries, engages in the exploration of metal properties in the People’s Republic of China. The last earnings update was 131 days ago. More info.


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CHNR Share Price and Events
7 Day Returns
1.5%
NasdaqCM:CHNR
-2.2%
US Metals and Mining
0.4%
US Market
1 Year Returns
-19.1%
NasdaqCM:CHNR
-20.4%
US Metals and Mining
6.8%
US Market
CHNR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
China Natural Resources (CHNR) 1.5% -0.1% -3% -19.1% 15.4% -58%
US Metals and Mining -2.2% 3.3% 12.1% -20.4% 21.3% -9.5%
US Market 0.4% 2.6% 11% 6.8% 38.1% 45.7%
1 Year Return vs Industry and Market
  • CHNR outperformed the Metals and Mining industry which returned -20.4% over the past year.
  • CHNR underperformed the Market in United States of America which returned 6.8% over the past year.
Price Volatility
CHNR
Industry
5yr Volatility vs Market

CHNR Value

 Is China Natural 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.

In this section, we usually try to help investors determine whether China Natural Resources is trading at an attractive price based on the cash flow it is expected to produce in the future. But as China Natural Resources has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for China Natural Resources. This is due to cash flow or dividend data being unavailable. The share price is $1.7078.
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 China Natural Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are China Natural Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:CHNR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in CNY CN¥-0.27
NasdaqCM:CHNR Share Price ** NasdaqCM (2019-04-16) in USD $1.71
NasdaqCM:CHNR Share Price converted to CNY reporting currency Exchange rate (USD/ CNY) 6.712 CN¥11.46
United States of America Metals and Mining Industry PE Ratio Median Figure of 43 Publicly-Listed Metals and Mining Companies 9.2x
United States of America Market PE Ratio Median Figure of 3,072 Publicly-Listed Companies 18.08x

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

** Primary Listing of China Natural Resources.

NasdaqCM:CHNR PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:CHNR Share Price ÷ EPS (both in CNY)

= 11.46 ÷ -0.27

-41.88x

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

  • China Natural Resources is loss making, we can't compare its value to the US Metals and Mining industry average.
  • China Natural Resources is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does China Natural Resources's expected growth come at a high price?
Raw Data
NasdaqCM:CHNR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -41.88x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Metals and Mining Industry PEG Ratio Median Figure of 24 Publicly-Listed Metals and Mining Companies 0.68x
United States of America Market PEG Ratio Median Figure of 2,107 Publicly-Listed Companies 1.56x

*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 China Natural Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on China Natural Resources's assets?
Raw Data
NasdaqCM:CHNR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in CNY CN¥-0.77
NasdaqCM:CHNR Share Price * NasdaqCM (2019-04-16) in USD $1.71
NasdaqCM:CHNR Share Price converted to CNY reporting currency Exchange rate (USD/ CNY) 6.712 CN¥11.46
United States of America Metals and Mining Industry PB Ratio Median Figure of 99 Publicly-Listed Metals and Mining Companies 1.49x
United States of America Market PB Ratio Median Figure of 5,176 Publicly-Listed Companies 1.91x
NasdaqCM:CHNR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:CHNR Share Price ÷ Book Value per Share (both in CNY)

= 11.46 ÷ -0.77

-14.9x

* Primary Listing of China Natural Resources.

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

  • China Natural Resources has negative assets, we can't compare the value of its assets to the US Metals and Mining industry average.

Next steps:

  1. Take a look at our analysis of CHNR’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. When valuing a company like this, investors focus more on how they perceive the potential returns from the core activities, the size of each contract's opportunity, and the capacity of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through China Natural Resources's regulatory filings and announcements.
  3. Show me more potentially undervalued companies in the Metals and Mining industry
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess China Natural 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. China Natural 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.

CHNR Future Performance

 How is China Natural 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 China Natural 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
12.7%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is China Natural Resources expected to grow at an attractive rate?
  • Unable to compare China Natural Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare China Natural Resources's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare China Natural Resources's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:CHNR Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 12.7%
United States of America Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 2.7%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7%

*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
NasdaqCM:CHNR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (9 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.
NasdaqCM:CHNR Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2018-06-30 -11 -7
2018-03-31 -13 -6
2017-12-31 -15 -6
2017-06-30 -16 -2
2017-03-31 -22 -3
2016-12-31 -28 -4
2016-09-30 2 -36 -26
2016-06-30 3 -38 -32
2016-03-31 11 -30 -37
2015-12-31 -22 -5

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if China Natural Resources is high growth as no earnings estimate data is available.
  • Unable to determine if China Natural 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
NasdaqCM:CHNR Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from China Natural Resources Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:CHNR Past Financials Data
Date (Data in CNY Millions) EPS *
2018-06-30 -0.27
2018-03-31 -0.26
2017-12-31 -0.25
2017-06-30 -0.10
2017-03-31 -0.14
2016-12-31 -0.18
2016-09-30 -1.03
2016-06-30 -1.27
2016-03-31 -1.47
2015-12-31 -0.21

*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 China Natural Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of CHNR’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. China Natural 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. China Natural 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 China Natural 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 United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America 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.
China Natural 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.

CHNR Past Performance

  How has China Natural 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 China Natural 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.
  • China Natural Resources does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare China Natural Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare China Natural Resources's 1-year growth to the US Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
China Natural 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 China Natural Resources Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:CHNR Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 -6.82 6.55
2018-03-31 -6.50 6.38
2017-12-31 -6.18 6.20
2017-06-30 -2.44 3.63
2017-03-31 -3.44 4.08
2016-12-31 -4.45 4.52
2016-09-30 1.58 -25.78 13.44
2016-06-30 3.16 -31.73 12.47
2016-03-31 10.75 -36.59 13.58
2015-12-31 -5.27 3.58
2015-06-30 15.59 -37.41 12.58
2015-03-31 11.95 -35.32 12.44
2015-01-01 8.30 -33.22 12.31
2014-06-30 33.42 -6.27 15.32
2014-03-31 37.39 -3.78 16.73
2013-12-31 41.36 -1.29 18.03
2013-06-30 -36.34 27.84 -12.38
2013-03-31 -10.80 6.73 3.68
2012-12-31 14.73 -14.39 19.62
2012-09-30 151.83 -87.57 91.51
2012-06-30 146.98 -85.44 82.26

*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 China Natural Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if China Natural Resources has efficiently used its assets last year compared to the US Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if China Natural Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.
X
Past performance checks
We assess China Natural 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.
China Natural 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.

CHNR Health

 How is China Natural 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 China Natural Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • China Natural Resources's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • China Natural Resources has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of China Natural 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.
  • Low level of unsold assets.
  • China Natural Resources has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
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 China Natural Resources Company Filings, last reported 9 months ago.

NasdaqCM:CHNR Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 -19.16 6.70 7.48
2018-03-31 -15.51 3.72 18.90
2017-12-31 -15.51 3.72 18.90
2017-06-30 17.21 0.00 14.86
2017-03-31 13.20 7.83 19.45
2016-12-31 13.20 7.83 19.45
2016-09-30 13.20 7.83 19.23
2016-06-30 -20.41 3.81 18.18
2016-03-31 -17.80 3.93 45.31
2015-12-31 -17.80 3.93 45.31
2015-06-30 8.55 0.00 43.04
2015-03-31 22.61 0.00 48.26
2015-01-01 23.24 0.00 48.26
2014-06-30 45.34 6.57 58.78
2014-03-31 255.52 0.00 80.35
2013-12-31 255.52 0.00 80.35
2013-06-30 322.49 2,113.91 302.23
2013-03-31 546.88 1,794.57 234.59
2012-12-31 546.88 1,794.57 234.59
2012-09-30 546.88 1,383.52 234.59
2012-06-30 577.76 1,331.57 309.18
  • China Natural Resources has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if China Natural Resources's debt level has increased considering it has negative shareholder equity.
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.

  • China Natural Resources has less than a year of cash runway based on current free cash flow.
  • China Natural Resources has less than a year of cash runway if free cash flow continues to reduce at historical rates of -58.6% each year.
X
Financial health checks
We assess China Natural 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. China Natural Resources has a total score of 1/6, 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.

CHNR Dividends

 What is China Natural 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 China Natural Resources dividends.
If you bought $2,000 of China Natural Resources shares you are expected to receive $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 China Natural Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate China Natural 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
NasdaqCM:CHNR 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
United States of America Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 30 Stocks 2.4%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2008 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

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

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

  • Unable to perform a dividend volatility check as China Natural Resources has not reported any payouts.
  • Unable to verify if China Natural Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of China Natural Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as China Natural 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 China Natural Resources's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - 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 China Natural Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. China Natural 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.

CHNR Management

 What is the CEO of China Natural 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.
CEO
Edward Wong
COMPENSATION CN¥0
AGE 55
TENURE AS CEO 2.7 years
CEO Bio

Mr. Wah On Wong, also known as Edward, has been the Chairman, Chief Executive Officer and President at China Natural Resources Inc. since August 15, 2016. Mr. Wong has been a Partner of Tam & Wong, Certified Public Accountants since July 1995. Mr. Wong has been an Executive Director at Feishang Anthracite Resources Limited since February 1, 2013. He served as the Chief Financial Officer of China Natural Resources Inc. (formerly, China Resources Development Inc.) from January 2, 2008 to January 22, 2014 and its Secretary from February 1, 1999 to January 22, 2014. He served as a Secretary of APD Antiquities Inc. since March 2003. He served as Financial Controller of China Natural Resources Inc. from November 22, 2004 to January 2, 2008. He served as a Financial Secretary and Financial Controller of China Resources from December 30, 1997 until completion of the Redomicile Merger. He was responsible for assisting the Chief Financial Officer with China Natural Resources's treasury, accounting and secretarial functions. From October 1992 to December 1994, Mr. Wong served as a Deputy Finance Director of Hong Wah (Holdings) Limited. From July 1988 to October 1992, he served as the Audit Supervisor at Ernst & Young, Hong Kong, providing professional auditing services to clients in a variety of business sectors. He has over 10 years of experience in corporate and business development in the coal mining industry. He serves as a Director of Anka Capital Ltd., a privately-held corporation, through which he is a principal shareholder of China Resources Development Inc. He has been an Executive Director of China Natural Resources Inc. since April 2, 2015. Mr. Wong served as an Independent Non-Executive Director of World Trade Bun Kee Ltd. until January 2007. He has been an Independent Non-Executive Director of Quali-Smart Holdings Limited since September 24, 2015. He served as a Director of China Natural Resources Inc. from January 25, 1999 to January 22, 2014. He served as a Director of APD Antiquities Inc. from March 2003 to May 2011. He served as an Independent & Non Executive Director of China Pipe Group Limited to January 1, 2007. He has served as a Director of Smartact, a subsidiary of the Company, since January 2010. He served as a Director of China Natural Resources Inc., since December 30, 1997. He was accredited as a certified public accountant (practising) by the Hong Kong Institute of Certified Public Accountants in September 1993 and was admitted as a fellow member in November 1999. He was also a fellow member of the Association of Chartered Certified Accountants and an associate member of the Hong Kong Institute of Chartered Secretaries. He received a Professional Diploma in Company Secretaryship and Administration from the Hong Kong Polytechnic University in 1988.

CEO Compensation
  • Edward's compensation has been consistent with company performance over the past year.
  • Edward's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the China Natural Resources management team in years:

2.8
Average Tenure
52.5
Average Age
  • The tenure for the China Natural Resources management team is about average.
Management Team

Edward Wong

TITLE
Chairman
AGE
55
TENURE
2.7 yrs

Bonaventure Yue

TITLE
CFO, Company Secretary & Director
AGE
50
TENURE
4 yrs

Cheuk Ho Tam

TITLE
Director
COMPENSATION
CN¥1
AGE
55

Yu Jun

TITLE
General Manager of Bayannaoer Mining
AGE
50

Yangli Yao

TITLE
Chief Engineer of Bayannaoer Mining
AGE
50

Huojin Wan

TITLE
Vice President of Coal Division
COMPENSATION
CN¥4K
AGE
72

Shengli Qian

TITLE
General Manager of Wuhu Feishang
COMPENSATION
CN¥8K
AGE
42
TENURE
2.5 yrs

You Rong Wang

TITLE
Director
COMPENSATION
CN¥9K
AGE
55
TENURE
2.8 yrs
Board of Directors Tenure

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

8.4
Average Tenure
53
Average Age
  • The tenure for the China Natural Resources board of directors is about average.
Board of Directors

Edward Wong

TITLE
Chairman
AGE
55
TENURE
2.7 yrs

Bonaventure Yue

TITLE
CFO, Company Secretary & Director
AGE
50
TENURE
2.7 yrs

Cheuk Ho Tam

TITLE
Director
COMPENSATION
CN¥1
AGE
55
TENURE
4 yrs

Kin Sing Ng

TITLE
Independent Director
COMPENSATION
CN¥8K
AGE
55
TENURE
14.4 yrs

Kwan Sing Lam

TITLE
Non-Employee Director
COMPENSATION
CN¥8K
AGE
48
TENURE
14.4 yrs

Wing Hang Yip

TITLE
Independent Director
COMPENSATION
CN¥8K
AGE
51
TENURE
12.8 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 ($) Value ($)
X
Management checks
We assess China Natural 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. China Natural 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.

CHNR News

Simply Wall St News

What Does China Natural Resources Inc's (NASDAQ:CHNR) Ownership Structure Look Like?

Therefore, it is beneficial for us to examine CHNR's ownership structure in more detail. … An ownership of this size indicates a strong financial backing and has the potential to influence CHNR's business strategy. … Thus, investors should dig deeper into CHNR's business relations with these companies and how it can affect shareholder returns in the long-term.Next Steps: With a low level of institutional ownership, investors in CHNR need not worry about non-fundamental factors such as ownership structure causing large impact on stock prices.

Simply Wall St -

How Should You Think About China Natural Resources Inc's (NASDAQ:CHNR) Risks?

The first risk to consider is company-specific, which can be diversified away when you invest in other companies in the same industry as CHNR, because it is rare that an entire industry collapses at once. … CHNR, with its market capitalisation of US$55.30M, is a small-cap stock, which generally have higher beta than similar companies of larger size. … Therefore, this is a type of risk which is associated with higher beta.

Simply Wall St -

Are Earnings Prospects Improving For Loss-Making China Natural Resources Inc's (NASDAQ:CHNR)?

After reading China Natural Resources Inc's (NASDAQ:CHNR) most recent earnings announcement (30 June 2017), I found it useful to look back at how the company has performed in the past and compare this against the latest numbers. … Each year, for the past half a decade China Natural Resources has seen an annual decline in revenue of -43.06%, on average. … Though China Natural Resources's past data is helpful, it is only one aspect of my investment thesis.

Simply Wall St -

Does China Natural Resources Inc's (CHNR) Past Performance Indicate A Stronger Future?

After looking at China Natural Resources Inc's (NASDAQ:CHNR) latest earnings announcement (31 December 2016), I found it useful to revisit the company's performance in the past couple of years and assess this against the most recent figures. … For the most up-to-date info, I use data from the most recent 12 months, which annualizes the latest 6-month earnings release, or some times, the latest annual report is already the most recent financial data. … For China Natural Resources, the most recent earnings -CN¥23M, which, against the previous year's level, has become less negative.

Simply Wall St -

China Natural Resources Inc (CHNR): What Does It Mean For Your Portfolio?

Every stock in the market is exposed to this risk, which arises from macroeconomic factors such as economic growth and geo-political tussles just to name a few. … China Natural Resources’s five-year beta of 2.39 means that the company’s value will swing up by more than the market during prosperous times, but also drop down by more in times of downturns. … CHNR, with its market capitalisation of USD $57.79M, is a small-cap stock, which generally have higher beta than similar companies of larger size.

Simply Wall St -

CHNR Company Info

Description

China Natural Resources, Inc., through its subsidiaries, engages in the exploration of metal properties in the People’s Republic of China. The company primarily explores for lead, silver, copper, and other metal deposits. It holds interest in the Moruogu Tong mine that covers an area of 10.43 square kilometers located in Bayannaoer City, Inner Mongolia. The company is headquartered in Sheung Wan, Hong Kong. China Natural Resources, Inc. is a subsidiary of Feishang Group Limited.

Details
Name: China Natural Resources, Inc.
CHNR
Exchange: NasdaqCM
Founded:
$42,542,862
24,910,916
Website: http://www.chnr.net
Address: China Natural Resources, Inc.
West Tower,
Room 2205, 22nd Floor,
Sheung Wan,
Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM CHNR Common Shares Nasdaq Capital Market US USD 06. Feb 2006
BST NY6 Common Shares Boerse-Stuttgart DE EUR 06. Feb 2006
Number of employees
Current staff
Staff numbers
13
China Natural Resources employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/17 00:02
End of day share price update: 2019/04/16 00:00
Last earnings filing: 2018/12/07
Last earnings reported: 2018/06/30
Last annual earnings reported: 2017/12/31


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.