CITIC Resources Holdings (1205) AI Stock Analysis

• Market Cap: HK$3.03B
• Dividend Yield: 6.75%
• Average Volume (3M): 2.26M
• Price to Earnings (P/E): 8.2
• Beta (1Y): 0.81
• Revenue Growth: 160.79%
• EPS Growth: -28.92%
• Country: HK
• Employees: 193
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): 0.02
• Shares Outstanding: 7,857,727,000
• 10 Day Avg. Volume: 1,817,720
• 30 Day Avg. Volume: 2,264,565
• PEG Ratio: 1.27
• Price to Book (P/B): 0.35
• Price to Sales (P/S): 0.29
• P/FCF Ratio: 7.18
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 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: 60 Neutral
• Price Target: HK$0.50 ▲(31.58% Upside)

CITIC Resources Holdings has a balanced profile with strong valuation metrics and solid financial performance. However, technical indicators suggest bearish momentum, and cash flow management needs improvement. The absence of recent earnings call data limits insights into future guidance.

CITIC Resources Holdings Business Overview & Revenue Model

Company Description

CITIC Resources Holdings Limited, an investment holding company, engages in the exploration, development, and production of oil and coal. The company operates through four segments: Aluminum Smelting, Coal, Import and Export of Commodities, and Crude Oil. The Aluminum smelting segment operates a Portland aluminum smelter, which sources alumina and produces aluminum ingots in Australia. The Coal segment mines and sells coal in Australia. The Import and Export of Commodities segment exports various commodity products, such as aluminum ingots, alumina, and copper; and imports other commodities and manufactured goods, including steel, vehicle and industrial batteries, and tyres in Australia. The Crude Oil segment explores, develops, and operates oilfields, as well as sells oil in Indonesia and China. It also engages in financing; oil technology development; and property holding activities, as well as provides consulting and management services. The company was incorporated in 1997 and is headquartered in Kowloon, Hong Kong. CITIC Resources Holdings Limited is a subsidiary of CITIC Group Corporation.

How the Company Makes Money

CITIC Resources generates revenue primarily through the extraction and sale of natural resources, including crude oil and coal, which form the backbone of its operations. The company has established significant production capabilities and engages in both domestic and international sales to maximize its market reach. Additionally, CITIC Resources benefits from trading its commodities, leveraging market fluctuations to optimize pricing. Key revenue streams include sales from its oil production ventures and coal mining operations, supplemented by trading activities that allow the company to capitalize on favorable market conditions. Partnerships with various global entities and strategic agreements enhance CITIC Resources' operational efficiency and market penetration, contributing positively to its earnings.

CITIC Resources Holdings Financial Statement Overview

Summary

CITIC Resources Holdings shows strong revenue growth and profitability with effective cost management. However, increasing liabilities and inconsistent cash flow management pose potential risks.

Income Statement

CITIC Resources Holdings has demonstrated a solid improvement in its income statement metrics. The gross profit margin improved from 2023 to 2024, indicating efficient cost management. However, the revenue growth rate between 2023 and 2024 was substantial, suggesting strong top-line growth. The net profit margin and EBIT margin are both healthy, reflecting good overall profitability. Nevertheless, the EBITDA margin has slightly decreased, which may indicate some operational efficiency issues.

Balance Sheet

The balance sheet shows a stable financial position with a healthy equity ratio, indicating that the company is well-capitalized. The debt-to-equity ratio is manageable, but the company should be cautious of its debt levels to prevent potential risks. Return on Equity (ROE) is strong, reflecting effective use of shareholders' equity. However, the total liabilities have increased over time, which could pose a risk if not managed properly.

Cash Flow

Cash flow analysis reveals some concerns. The free cash flow has been inconsistent, with fluctuations over the years. Although the operating cash flow is usually positive, the absence of data for 2024 is a concern. The free cash flow to net income ratio is absent for 2024, making it difficult to assess the cash-generating efficiency. Overall, cash flow management appears to need improvement.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	14.94B	9.50B	3.83B	5.87B	4.35B	2.85B
Gross Profit	521.63M	730.52M	1.00B	1.81B	1.19B	121.90M
EBITDA	572.43M	1.23B	1.32B	2.08B	1.43B	574.58M
Net Income	371.14M	572.58M	551.80M	1.34B	1.10B	-363.85M
Balance Sheet
Total Assets	15.93B	12.67B	11.62B	12.44B	12.70B	12.28B
Cash, Cash Equivalents and Short-Term Investments	4.42B	2.03B	1.48B	2.13B	1.93B	2.31B
Total Debt	4.36B	2.01B	1.83B	2.64B	3.73B	4.90B
Total Liabilities	8.13B	4.46B	3.78B	4.67B	5.78B	6.51B
Stockholders Equity	7.66B	8.08B	7.76B	7.75B	6.94B	5.81B
Cash Flow
Free Cash Flow	466.67M	388.36M	742.25M	1.74B	731.52M	-256.78M
Operating Cash Flow	785.56M	783.13M	1.15B	2.25B	1.17B	124.20M
Investing Cash Flow	-1.80B	-513.77M	82.52M	-861.27M	-871.49M	929.59M
Financing Cash Flow	2.65B	-80.51M	-1.45B	-1.56B	-1.25B	-217.79M

CITIC Resources Holdings Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.38
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1205, the sentiment is Negative. The current price of 0.38 is below the 20-day moving average (MA) of 0.39, below the 50-day MA of 0.40, and above the 200-day MA of 0.38, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 43.82 is Neutral, neither overbought nor oversold. The STOCH value of 46.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1205.

CITIC Resources Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3993	70 Outperform	$428.17B	18.97	27.23%	1.48%	-2.42%	38.68%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
2245	61 Neutral	HK$29.39B	10.43	24.57%	2.01%	60.77%	100.45%
1205	60 Neutral	HK$3.03B	8.16	4.82%	6.75%	160.79%	-28.92%
3939	60 Neutral	HK$31.91B	31.53	36.46%	1.50%	31.24%	58.16%
9696	52 Neutral	HK$94.59B	-37.28	-4.63%	2.98%	-39.59%	69.00%
1091	44 Neutral	HK$2.57B	-4.46	-14.35%	―	-31.35%	-71.37%

CITIC Resources Holdings Corporate Events

CITIC Resources Holdings Appoints New Independent Director

CITIC Resources Holdings Limited has announced the appointment of Professor Lin Chen as an independent non-executive director and a member of the audit committee, effective from December 5, 2025. Prof. Lin brings over 20 years of experience in finance and holds significant positions in various financial and academic institutions, which may enhance the company’s governance and strategic oversight.

CITIC Resources Holdings Announces Board Composition and Committee Roles

CITIC Resources Holdings Limited has announced the composition of its board of directors and their respective roles within the company’s committees. This announcement highlights the leadership structure and governance framework of the company, which is crucial for maintaining transparency and effective management. The board includes a mix of executive, non-executive, and independent non-executive directors, with specific roles assigned in the audit, remuneration, nomination, and risk management committees. This structured governance is expected to enhance the company’s strategic decision-making and risk management capabilities, potentially impacting its operational efficiency and stakeholder confidence.

CITIC Resources Challenges SKK Migas Over Seram Block Operator Appointment

CITIC Resources Holdings has announced that its subsidiary, Seram Energy, has initiated legal proceedings against SKK Migas, the Indonesian government agency responsible for upstream oil and gas activities. This action follows SKK Migas’s appointment of a ‘temporary operator’ for the Seram Block, which Seram Energy claims violates Indonesian laws and the Joint Operating Agreement (JOA) governing the block’s operations. The legal challenge seeks to suspend this appointment, emphasizing the company’s commitment to defending its operational rights and interests in the region.