OTCPK:CFEG.F

Stock Analysis Report

Executive Summary

China Nonferrous Gold Limited mines, explores, and develops mineral properties.


Snowflake Analysis

Worrying balance sheet with weak fundamentals.

Share Price & News

How has China Nonferrous Gold's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CFEG.F has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

CFEG.F

9.0%

US Metals and Mining

9.4%

US Market


1 Year Return

-71.8%

CFEG.F

-21.2%

US Metals and Mining

-6.8%

US Market

Return vs Industry: CFEG.F underperformed the US Metals and Mining industry which returned 17.5% over the past year.

Return vs Market: CFEG.F underperformed the US Market which returned 24.7% over the past year.


Shareholder returns

CFEG.FIndustryMarket
7 Day0%9.0%9.4%
30 Day0%-5.5%-3.9%
90 Day0%-22.4%-16.5%
1 Year-71.8%-71.8%-18.9%-21.2%-4.8%-6.8%
3 Yearn/a-14.1%-19.3%23.4%15.2%
5 Yearn/a2.8%-5.6%41.3%25.7%

Price Volatility Vs. Market

How volatile is China Nonferrous Gold's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is China Nonferrous Gold undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether China Nonferrous Gold is trading at an attractive price based on the cash flow it is expected to produce in the future. But as China Nonferrous Gold 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.


Next Steps

  • Take a look at our analysis of CFEG.F’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.
  • 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 Nonferrous Gold regulatory filings and announcements here.
  • Explore potentially undervalued companies in the Materials industry.

Future Growth

How is China Nonferrous Gold forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

10.4%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as China Nonferrous Gold has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

  • Take a look at our analysis of CFEG.F’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.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access China Nonferrous Gold's filings and announcements here.
  • Explore growth companies in the Materials industry.

Past Performance

How has China Nonferrous Gold performed over the past 5 years?

5.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CFEG.F is currently unprofitable.

Growing Profit Margin: CFEG.F is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CFEG.F is unprofitable, but has reduced losses over the past 5 years at a rate of 5.3% per year.

Accelerating Growth: Unable to compare CFEG.F's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CFEG.F is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-7.6%).


Return on Equity

High ROE: CFEG.F's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is China Nonferrous Gold's financial position?


Financial Position Analysis

Short Term Liabilities: CFEG.F has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: CFEG.F has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: CFEG.F has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: CFEG.F's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: CFEG.F has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: CFEG.F has less than a year of cash runway if free cash flow continues to grow at historical rates of 22.6% each year.


Next Steps

Dividend

What is China Nonferrous Gold's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate CFEG.F's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate CFEG.F's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if CFEG.F's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CFEG.F's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CFEG.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.0yrs

Average management tenure


CEO

Lixian Yu (52yo)

2s

Tenure

US$239,973

Compensation

Mr. Lixian Yu serves as Managing Director and Director at China Nonferrous Gold Limited. Mr. Yu serves as the General Manager of China Nonferrous Metals Int'l Mining Co., Ltd. He joined CNMIM in July 2017. ...


CEO Compensation Analysis

Compensation vs Market: Lixian's total compensation ($USD0.00) is below average for companies of similar size in the US market ($USD519.76K).

Compensation vs Earnings: Insufficient data to compare Lixian's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Lixian Yu
MD & Executive Director2yrsUS$239.97k0.077% $65.8k
Delin Feng
Finance Director & Executive Director0.50yrno datano data
Youyu Li
Chief Operating Officer8.5yrsno datano data
Mirahmad Umarov
Chief Geologist of LLC Pakrutno datano datano data
Ma Yifei
Company Secretaryno datano datano data

2.0yrs

Average Tenure

Experienced Management: CFEG.F's management team is considered experienced (2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Lixian Yu
MD & Executive Director2yrsUS$239.97k0.077% $65.8k
Delin Feng
Finance Director & Executive Director0.50yrno datano data
Boyi Liang
Non-Executive Chairman0.17yrno datano data
Xiuzhi Shi
Independent Non-Executive Director1.75yrsUS$839.000.0062% $5.3k
Yong Li
Independent Non-Executive Director1.75yrsUS$839.000.0062% $5.3k

1.8yrs

Average Tenure

52yo

Average Age

Experienced Board: CFEG.F's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

China Nonferrous Gold Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: China Nonferrous Gold Limited
  • Ticker: CFEG.F
  • Exchange: OTCPK
  • Founded: 2013
  • Industry: Gold
  • Sector: Materials
  • Market Cap: UK£69.022m
  • Listing Market Cap: UK£84.997m
  • Shares outstanding: 382.39m
  • Website: https://www.cnfgold.com

Number of Employees


Location

  • China Nonferrous Gold Limited
  • 190 Elgin Avenue
  • George Town
  • Grand Cayman
  • KY1-9005
  • Cayman Islands

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CNGAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPDec 2004
KRBDB (Deutsche Boerse AG)YesOrdinary SharesDEEURDec 2004
CFEG.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDDec 2004

Biography

China Nonferrous Gold Limited mines, explores, and develops mineral properties. It primarily holds a 100% interest in the Pakrut gold project located in the southern Tien-Shan Fold belt, Tajikistan. The company was formerly known as Kryso Resources Corporation Limited and changed its name to China Nonferrous Gold Limited in October 2013. The company was incorporated in 2013 and is based in George Town, Cayman Islands. China Nonferrous Gold Limited is a subsidiary of China Nonferrous Metals Mining (Group) Co. Limited. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/29 00:53
End of Day Share Price2019/07/01 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.