China Natural Resources Stock Debt To Equity
| 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.
| Last Reported | Projected for Next Year | ||
| Debt To Equity | 0.98 | 1.03 |
China | Debt To Equity |
China Natural Resources Company Debt To Equity Analysis
China Natural's Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Current China Natural Debt To Equity | 0.43 % |
Most of China Natural's fundamental indicators, such as Debt To Equity, 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 Debt To Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for China Natural is extremely important. It helps to project a fair market value of China Stock properly, considering its historical fundamentals such as Debt To Equity. Since China Natural's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of China Natural's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of China Natural's interrelated accounts and indicators.
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High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
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China Total Stockholder Equity
Total Stockholder Equity |
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According to the company disclosure, China Natural Resources has a Debt To Equity of 0.435%. This is 99.42% lower than that of the Metals & Mining sector and 99.61% lower than that of the Materials industry. The debt to equity for all United States stocks is 99.11% higher than that of the company.
China Debt To Equity 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 Debt To Equity 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 debt to equity 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 | (0.14) X | |||
| Beta | 0.79 | |||
| Market Capitalization | 6.37 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.
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.