China Natural Resources Stock Fundamentals
| CHNR Stock | USD 0.65 0.01 1.52% |
China Natural Resources fundamentals help investors to digest information that contributes to China Natural's financial success or failures. It also enables traders to predict the movement of China Stock. The fundamental analysis module provides a way to measure China Natural's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to China Natural stock.
At this time, China Natural's Income Tax Expense is relatively stable compared to the past year. As of 11/22/2024, Selling General Administrative is likely to grow to about 23.8 M, while Total Revenue is likely to drop 0.00. China | Select Account or Indicator |
China Natural Resources Company Shares Outstanding Analysis
China Natural's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current China Natural Shares Outstanding | 9.87 M |
Most of China Natural's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, China Natural Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
China Shares Outstanding Historical Pattern
Today, most investors in China Natural Stock are looking for potential investment opportunities by analyzing not only static indicators but also various China Natural's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's shares outstanding growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of China Natural shares outstanding as a starting point in their analysis.
China Natural Shares Outstanding |
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Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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China Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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Based on the latest financial disclosure, China Natural Resources has 9.87 M of shares currently outstending. This is 93.23% lower than that of the Metals & Mining sector and 91.65% lower than that of the Materials industry. The shares outstanding for all United States stocks is 98.27% higher than that of the company.
China Natural Resources Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining China Natural's current stock value. Our valuation model uses many indicators to compare China Natural value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across China Natural competition to find correlations between indicators driving China Natural's intrinsic value. More Info.China Natural Resources is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers . At this time, China Natural's Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value China Natural by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.China Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses China Natural's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of China Natural could also be used in its relative valuation, which is a method of valuing China Natural by comparing valuation metrics of similar companies.China Natural is currently under evaluation in shares outstanding category among its peers.
China Natural Current Valuation Drivers
We derive many important indicators used in calculating different scores of China Natural from analyzing China Natural's financial statements. These drivers represent accounts that assess China Natural's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of China Natural's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 406.1M | 281.9M | 150.0M | 21.5M | 138.5M | 131.6M | |
| Enterprise Value | 403.5M | 280.6M | 170.9M | 66.7M | 134.1M | 127.4M |
China Fundamentals
| Return On Equity | -0.0658 | ||||
| Return On Asset | -0.0281 | ||||
| Current Valuation | 5.94 M | ||||
| Shares Outstanding | 9.87 M | ||||
| Shares Owned By Insiders | 58.16 % | ||||
| Number Of Shares Shorted | 88.51 K | ||||
| Price To Earning | 2.95 X | ||||
| Price To Book | 0.62 X | ||||
| Price To Sales | 6.15 X | ||||
| Gross Profit | 241 K | ||||
| EBITDA | (12.34 M) | ||||
| Net Income | (10.51 M) | ||||
| Cash And Equivalents | 59.22 M | ||||
| Cash Per Share | 1.45 X | ||||
| Total Debt | 360 K | ||||
| Debt To Equity | 0.43 % | ||||
| Current Ratio | 2.85 X | ||||
| Book Value Per Share | 9.07 X | ||||
| Cash Flow From Operations | 13.33 M | ||||
| Short Ratio | 0.81 X | ||||
| Earnings Per Share | (0.15) X | ||||
| Beta | 0.79 | ||||
| Market Capitalization | 6.54 M | ||||
| Total Asset | 253.81 M | ||||
| Retained Earnings | (1.12 B) | ||||
| Working Capital | (171.93 M) | ||||
| Current Asset | 24 M | ||||
| Current Liabilities | 53 M | ||||
| Net Asset | 253.81 M |
About China Natural Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze China Natural Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of China Natural using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of China Natural Resources based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 116 K | 110.2 K | |
| Cost Of Revenue | 13 M | 12.4 M | |
| Stock Based Compensation To Revenue | 0.72 | 0.75 | |
| Sales General And Administrative To Revenue | 1.63 | 1.71 | |
| Capex To Revenue | 0.01 | 0.01 | |
| Revenue Per Share | 14.26 | 13.54 | |
| Ebit Per Revenue | (0.86) | (0.82) |
Pair Trading with China Natural
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if China Natural position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in China Natural will appreciate offsetting losses from the drop in the long position's value.Moving against China Stock
The ability to find closely correlated positions to China Natural could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace China Natural when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back China Natural - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling China Natural Resources to buy it.
The correlation of China Natural is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as China Natural moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if China Natural Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for China Natural can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for China Stock Analysis
When running China Natural's price analysis, check to measure China Natural's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy China Natural is operating at the current time. Most of China Natural's value examination focuses on studying past and present price action to predict the probability of China Natural's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Natural's price. Additionally, you may evaluate how the addition of China Natural to your portfolios can decrease your overall portfolio volatility.