CITIC Resources Holdings (1205) AI Stock Analysis

• Market Cap: $3.34B
• Dividend Yield: 6.42%
• Average Volume (3M): 5.94M
• Price to Earnings (P/E): 9.0
• Beta (1Y): 0.78
• 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: 7,248,646
• 30 Day Avg. Volume: 5,942,779
• 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: 0.92
• Enterprise Value/Revenue: 0.21
• Enterprise Value/Gross Profit: 5.90
• Enterprise Value/Ebitda: 5.37
• 1Y Price Target: $0.47
• Price Target Upside: 16.52% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 71 Outperform
• Price Target: HK$0.50 ▲(25.00% Upside)

CITIC Resources Holdings is rated positively due to strong technical indicators and attractive valuation metrics. While financial performance shows growth, concerns about cash flow management and increasing liabilities slightly temper the overall score.

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 Holdings makes money primarily through the exploration and production of crude oil, which is a major component of its revenue stream. The company owns and operates oil fields, and the extracted crude oil is sold to various markets, generating significant revenue. Additionally, CITIC Resources is engaged in the coal sector, where it mines and sells coal, contributing to its earnings. Another source of income comes from its aluminum smelting operations, where it produces and sells aluminum products. The company also benefits from strategic partnerships and joint ventures that enhance its operational capacity and market reach, further supporting its revenue generation.

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 present potential risks. The income statement and balance sheet are positive, but cash flow uncertainties suggest a need for improved liquidity management.

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: Positive
• Last Price: 0.40
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• 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 Positive. The current price of 0.4 is below the 20-day moving average (MA) of 0.40, below the 50-day MA of 0.40, and above the 200-day MA of 0.36, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 49.31 is Neutral, neither overbought nor oversold. The STOCH value of 46.30 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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	78 Outperform	$358.30B	18.24	25.07%	1.90%	1.66%	29.12%
2245	74 Outperform	HK$34.29B	12.17	24.57%	1.52%	60.77%	100.45%
1205	71 Outperform	$3.34B	9.00	4.82%	6.42%	160.79%	-28.92%
3939	66 Neutral	HK$38.99B	38.52	36.46%	1.25%	31.24%	58.18%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
9696	58 Neutral	HK$81.98B	―	-6.04%	3.42%	-48.10%	40.28%
1091	54 Neutral	€2.35B	―	-14.35%	―	-31.35%	-71.37%

CITIC Resources Holdings Corporate Events

CITIC Resources Reports 57% Profit Decline Amid Market Challenges

CITIC Resources Holdings Limited reported a significant decline in profit for the first half of 2025, with a 57% decrease in profit attributable to ordinary shareholders compared to the previous year. This decline was primarily due to lower average selling prices for crude oil and coal, increased raw material costs, and reduced profits from associates and joint ventures. Despite these challenges, the company maintained a strong financial position with substantial cash reserves, while half of its segments and investments remained profitable.

The most recent analyst rating on (HK:1205) stock is a Buy with a HK$0.50 price target. To see the full list of analyst forecasts on CITIC Resources Holdings stock, see the HK:1205 Stock Forecast page.

CITIC Resources Holdings Schedules Board Meeting for Interim Results

CITIC Resources Holdings Limited has announced a board meeting scheduled for August 22, 2025, to approve the interim results for the first half of 2025 and consider an interim dividend. This announcement may impact the company’s financial strategies and stakeholder interests as it reflects on the company’s performance and potential shareholder returns.

CITIC Resources Wins Supreme Court Ruling in Kazakhstan Tax Dispute

CITIC Resources Holdings Limited announced that the Supreme Court of Kazakhstan has ruled in favor of its subsidiary, KBM, in a tax dispute, relieving it from a disputed tax amount of approximately KZT1.57 billion (US$3.02 million). This final and binding decision means the company will not need to make provisions for the audited tax claims, potentially strengthening its financial position and reassuring stakeholders.

CITIC Resources Holdings Enters IT Services Agreement with CITIC Digital Technology

CITIC Resources Holdings has entered into an IT Services Framework Agreement with CITIC Digital Technology, a wholly-owned subsidiary of CITIC Group, to provide information technology services to the company from June 25, 2025, to December 31, 2027. This agreement, classified as a continuing connected transaction under Hong Kong’s Listing Rules, does not require independent shareholders’ approval due to the transaction’s percentage ratio, but it is subject to reporting, announcement, and annual review requirements.

CITIC Resources Issues Profit Warning Amidst Commodity Price Drop

CITIC Resources Holdings Limited has issued a profit warning, indicating a significant decrease in expected profits for the first half of 2025. The anticipated drop, ranging from 48% to 66%, is attributed to lower commodity prices and the cessation of equity interest in Alumina Limited. Stakeholders are advised to exercise caution, as the final results are yet to be audited and will be released by the end of August 2025.