China Natural Resources (CHNR) AI Stock Analysis

• Market Cap: $4.47M
• Dividend Yield: N/A
• Average Volume (3M): 42.74K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.94
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 9
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Waste Management
• EPS (TTM): -0.14
• Shares Outstanding: 1,233,221
• 10 Day Avg. Volume: 9,710
• 30 Day Avg. Volume: 42,740
• PEG Ratio: 1.26K
• Price to Book (P/B): 4.34
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -51.48
• Enterprise Value/Market Cap: 0.00
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: 0.00
• Enterprise Value/Ebitda: 0.00
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 41 Neutral
• Price Target: $3.50 ▲(1.74% Upside)

The score is held down primarily by weak financial performance (collapsed revenue, ongoing losses, and inconsistent/negative cash flow), with bearish technicals reinforcing downside risk as the stock trades below key moving averages and has negative MACD. Valuation does not provide meaningful support because earnings are negative and no dividend yield is available.

Positive Factors

Cash Flow Management

The company's improved cash flow management and positive free cash flows indicate a stronger ability to generate cash, which can support operations and strategic investments, providing a buffer against profitability challenges.

Debt Reduction

The reduction in total debt enhances financial stability and reduces interest obligations, allowing more resources to be allocated towards operational improvements and growth initiatives.

Strong Cash Position

A strong cash position provides the company with liquidity to meet short-term obligations and invest in opportunities, enhancing its ability to navigate financial challenges and pursue strategic goals.

Negative Factors

Revenue Decline

The complete drop in revenue and ongoing losses indicate severe challenges in income generation, which can hinder the company's ability to sustain operations and invest in growth, impacting long-term viability.

Profitability Challenges

The absence of gross profit margins highlights significant profitability issues, limiting the company's capacity to reinvest in its business and potentially affecting its competitive position in the market.

Weakened Equity Position

A declining equity position reflects a weakened financial foundation, potentially reducing investor confidence and limiting the company's ability to raise capital for future growth initiatives.

China Natural Resources Business Overview & Revenue Model

Company Description

China Natural Resources, Inc., through its subsidiaries, engages in the exploration and mining of metal properties in the People's Republic of China. It explores for lead, silver, and other nonferrous metals. The company holds interest in the Moruogu Tong mine that covers an area of 7.81 square kilometers located in Bayannaoer City, Inner Mongolia. It also offers equipment for rural wastewater treatment; and engineering, procurement, and construction services related to wastewater treatment. The company was incorporated in 1993 and is headquartered in Sheung Wan, Hong Kong. China Natural Resources, Inc. is a subsidiary of Feishang Group Limited.

How the Company Makes Money

China Natural Resources generates revenue through the exploration, extraction, and sale of mineral resources. The company's key revenue streams include the sale of non-ferrous metals extracted from its mining operations. It also explores opportunities for joint ventures and partnerships with other mining entities to enhance its operational capabilities and access additional resources. The company's earnings are influenced by the global demand for minerals, commodity prices, and its operational efficiency in resource extraction and processing.

China Natural Resources Financial Statement Overview

Summary

Overall financial quality is weak: revenue effectively fell to zero in 2023–2024, the company has remained loss-making with negative EBIT, and cash flow reliability is poor with renewed operating cash burn in 2024. The main offset is a recently de-levered balance sheet with positive equity, which reduces near-term leverage risk.

Income Statement

Profitability remains weak and volatile. The company posted net losses in 2021–2024, with EBIT also negative across those years, indicating an ongoing inability to generate operating profits. Revenue effectively collapsed to zero in 2023 and 2024 (vs. ~$20.3M in 2022), which is a major red flag for operating stability. A notable positive is that the net loss narrowed sharply in 2024 (to about -$3.2M from about -$13.8M in 2023), but the overall earnings profile is still loss-making with inconsistent margins.

Balance Sheet

The balance sheet looks mixed but improved versus earlier periods. Total debt is minimal in 2023–2024 (near-zero), and equity is positive and sizable in 2020–2024, which reduces near-term financial leverage risk. However, the business has not generated consistent returns for shareholders: return on equity is negative in 2021–2024, reflecting persistent losses despite the capital base. Historical volatility is also evident (e.g., negative equity in 2019 and much higher debt in 2021–2022), suggesting the capital structure has been unstable over time.

Cash Flow

Cash generation is pressured and inconsistent. Operating cash flow was negative in most years (2019–2022 and 2024), and free cash flow is also negative in those same periods, implying the company is consuming cash rather than producing it. While 2023 showed positive operating and free cash flow, that improvement did not persist into 2024, when operating cash flow fell to about -$7.4M. Overall, the pattern suggests limited cash-flow reliability and elevated funding risk if losses and cash burn continue.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	20.31M	18.73M	42.50M
Gross Profit	-275.00	0.00	0.00	5.82M	241.00K	3.28M
EBITDA	1.82M	-7.20K	-12.32M	-22.72M	-9.73M	30.02M
Net Income	-117.77K	-3.16K	-13.84M	-24.62M	-48.15M	24.34M
Balance Sheet
Total Assets	35.10M	260.89M	253.81M	319.99M	333.45M	530.06M
Cash, Cash Equivalents and Short-Term Investments	101.46K	3.08M	4.75M	32.70M	59.36M	201.37M
Total Debt	0.00	0.00	360.00K	76.92M	79.19M	83.55M
Total Liabilities	23.03M	172.83M	177.81M	142.54M	151.41M	238.26M
Stockholders Equity	12.07M	88.06M	76.00M	67.77M	74.68M	172.73M
Cash Flow
Free Cash Flow	-7.98M	-7.42M	1.61M	-13.04M	-12.22M	-4.57M
Operating Cash Flow	-7.98M	-7.42M	1.62M	-12.79M	-12.07M	-4.56M
Investing Cash Flow	1.00K	1.00K	-148.76K	7.05M	53.35M	-9.00K
Financing Cash Flow	15.39M	15.11M	-5.09M	-22.83M	-38.79M	48.59M

China Natural Resources Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 3.44
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CHNR, the sentiment is Neutral. The current price of 3.44 is below the 20-day moving average (MA) of 3.72, below the 50-day MA of 3.91, and below the 200-day MA of 4.28, indicating a neutral trend. The MACD of -0.11 indicates Negative momentum. The RSI at 48.29 is Neutral, neither overbought nor oversold. The STOCH value of 65.82 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for CHNR.

China Natural Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
QRHC	51 Neutral	$39.65M	-1.77	-44.35%	―	-9.25%	-189.37%
AWX	47 Neutral	$10.43M	57.48	0.47%	―	-4.84%	-81.73%
AQMS	47 Neutral	$16.43M	-0.06	-187.08%	―	―	-106.93%
CDTG	42 Neutral	$4.78M	-27.64	-3.36%	―	-45.28%	-100.22%
CHNR	41 Neutral	$4.47M	-7.71	―	―	―	―

China Natural Resources Corporate Events

China Natural Resources Amends Ownership Disclosures and Sets Effective Date for 2025 Shareholder Actions

China Natural Resources, Inc. has filed an amended information statement with the U.S. Securities and Exchange Commission after correcting disclosures on the beneficial ownership of its common shares as of the December 12, 2025 record date for its 2025 annual meeting of shareholders. The company also notified investors that a majority shareholder has already approved, by written consent in lieu of an in-person annual meeting, the election of two Class III directors for three-year terms and the ratification of ARK Pro CPA & Co as its independent auditor for the fiscal year ending December 31, 2025, with these corporate actions deemed effective on or about January 27, 2026, following mailing of the information statement beginning around January 6, 2026.

The most recent analyst rating on (CHNR) stock is a Hold with a $3.50 price target. To see the full list of analyst forecasts on China Natural Resources stock, see the CHNR Stock Forecast page.

China Natural Resources Extends Williams Minerals Acquisition Deadline to End-2026

China Natural Resources, Inc. reported unaudited interim financial statements for the six months ended June 30, 2025, furnishing condensed consolidated profit or loss, comprehensive income, financial position, changes in equity and cash flow statements, together with management’s discussion and analysis, as part of a Form 6-K filed in December 2025. On December 31, 2025, the company signed a third amendment to its February 27, 2023 sale and purchase agreement to acquire 100% of Greatfame Investments Limited, owner of Williams Minerals (Pvt) Ltd, extending the transaction’s long stop date for satisfying closing conditions, including regulatory approvals, from December 31, 2025 to December 31, 2026, signaling that the strategically important mining acquisition remains delayed but still active, with timing risk pushed out another year for stakeholders.

The most recent analyst rating on (CHNR) stock is a Hold with a $3.50 price target. To see the full list of analyst forecasts on China Natural Resources stock, see the CHNR Stock Forecast page.

China Natural Resources Sets January 13, 2026 Effective Date for Shareholder-Approved Director and Auditor Actions

On December 19, 2025, China Natural Resources, Inc. reported that a majority shareholder had approved, by written consent in lieu of an in‑person 2025 annual meeting, the election of two Class III directors for a three-year term and the ratification of ARK Pro CPA & Co as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2025. The company will treat January 13, 2026 as the effective date of these corporate actions—and as the deemed date of its 2025 annual meeting—after mailing an information statement to shareholders on or about December 23, 2025, a process that underscores its reliance on British Virgin Islands law and Nasdaq’s accommodations for foreign private issuers to reduce the cost and formality of in-person shareholder meetings while maintaining formal approval of board composition and auditor oversight.