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China Metal Resources Utilization Ltd.
(1636)
China Metal Resources Utilization Ltd. (1636) vs. iShares MSCI Hong Kong ETF (EWH)
China Metal Resources Utilization Ltd. Business Overview & Revenue Model
China Metal Resources Utilization Ltd. Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 468.04M | 819.91M | 2.39B | 7.72B | 16.70B |
| Gross Profit | -30.73M | -129.69M | -289.73M | 151.60M | 62.58M |
| EBITDA | -188.38M | -288.48M | -2.57B | 219.77M | -150.13M |
| Net Income | -652.46M | -805.78M | -4.76B | -95.48M | -387.25M |
Balance Sheet | |||||
| Total Assets | 1.08B | 1.38B | 2.40B | 6.73B | 6.26B |
| Cash, Cash Equivalents and Short-Term Investments | 3.61M | 18.33M | 2.39M | 11.95M | 47.32M |
| Total Debt | 1.72B | 1.65B | 1.60B | 1.80B | 1.89B |
| Total Liabilities | 5.24B | 4.89B | 5.10B | 5.02B | 4.77B |
| Stockholders Equity | -4.16B | -3.51B | -2.70B | 1.71B | 1.49B |
Cash Flow | |||||
| Free Cash Flow | -18.04M | -69.81M | -212.38M | 114.20M | 134.85M |
| Operating Cash Flow | -17.66M | -69.31M | -212.29M | 116.07M | 151.79M |
| Investing Cash Flow | -33.00K | 14.36M | 198.29M | -380.46M | -484.74M |
| Financing Cash Flow | 3.00M | 70.91M | 4.52M | 228.05M | 322.87M |
China Metal Resources Utilization Ltd. Technical Analysis
China Metal Resources Utilization Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | €28.48B | 9.05 | 19.19% | 4.61% | 5.48% | 38.91% | |
59 Neutral | HK$16.65B | 4.27 | -5.31% | 4.61% | -3.83% | -62.19% | |
55 Neutral | HK$1.00B | 23.33 | 1.31% | ― | 26.83% | ― | |
42 Neutral | HK$466.07M | ― | -35.00% | ― | -5.27% | 47.34% | |
39 Underperform | HK$537.79M | ― | ― | -44.40% | 21.00% |
China Metal Resources Utilization Ltd. Corporate Events
China Metal Resources Utilization Ltd. announced that its auditors have issued a disclaimer opinion on its financial statements for the year ending December 31, 2024, due to concerns about the company’s ability to continue as a going concern. The company is undergoing a debt restructuring process, aiming to convert debts from major state-owned creditors into equity, contingent upon restoring business operations to a normal level. The company plans to raise RMB300 million to RMB500 million to achieve this, having already secured a RMB400 million convertible bond agreement with Sichuan Kaiyue Investment Company Limited. The company is also in discussions with a Sichuan provincial state-owned company for further investment.
China Metal Resources Utilization Ltd. announced a forced sale of 5,112,000 shares held by Epoch Keen Limited, a substantial shareholder, during the black-out period, which constitutes a non-compliance incident with the Hong Kong Stock Exchange’s Listing Rules. The company acknowledges the breach but considers it an unintended mistake by Mr. Yu Jianqiu, the executive director, chairman, and CEO, and is taking steps to enhance internal controls and provide training to prevent future occurrences.
China Metal Resources Utilization Ltd. announced the results of its Annual General Meeting held on June 30, 2025. All ordinary resolutions, including the adoption of financial statements for the years ending 2022, 2023, and 2024, and the re-election of several directors, were passed. However, special resolutions regarding share repurchase and issuance mandates did not pass due to insufficient votes, indicating potential shareholder concerns about the company’s strategic direction.
China Metal Resources Utilization Ltd. announced that the special resolution regarding the proposed capital reduction and share subdivision was not passed at the extraordinary general meeting held on June 30, 2025. As a result, the capital reduction and share subdivision have not become unconditional, and the company is considering proposing these measures again in the future. This decision impacts the company’s financial restructuring plans and may influence its market positioning and stakeholder interests.
China Metal Resources Utilization Ltd. has announced an Extraordinary General Meeting to discuss a special resolution involving a significant capital restructuring. The proposed changes include a capital reduction and share sub-division, aimed at offsetting accumulated losses and potentially improving the company’s financial flexibility. This move could have implications for the company’s market positioning and stakeholder interests.
China Metal Resources Utilization Ltd. has announced a proposed capital reduction and share sub-division. The issued share capital will be reduced, decreasing the par value of each share from HK$1.00 to HK$0.01, and unissued shares will be subdivided into 100 new shares each with a par value of HK$0.01. Additionally, the board lot size for trading shares will change from 4,000 to 8,000 new shares. These changes are subject to approval at the upcoming EGM, and stakeholders are advised to exercise caution.
China Metal Resources Utilization Ltd. has issued a clarification regarding the closure of its register of members in relation to the upcoming annual general meeting scheduled for June 30, 2025. The company announced that the register will be closed from June 25 to June 30, 2025, to facilitate shareholder eligibility for attending and voting at the meeting. This announcement ensures stakeholders are informed about the necessary procedures for participation, reflecting the company’s commitment to transparent communication with its shareholders.
China Metal Resources Utilization Ltd. has announced its upcoming annual general meeting scheduled for June 30, 2025, in Hong Kong. The meeting will address several key resolutions, including the adoption of audited financial statements for the years 2022 to 2024, the re-election of executive directors, and the re-appointment of the company’s auditor. Additionally, special resolutions will be considered regarding the company’s authority to purchase its shares and to issue new shares, which could impact its market operations and shareholder value.
China Metal Resources Utilization Ltd. has issued a supplemental announcement regarding its 2024 Annual Report, specifically detailing the status of its 2014 Share Option Scheme. The scheme, which expired on 28 January 2024, had no new grants during the year, and a total of 2,083,334 options were canceled or lapsed. This announcement clarifies the movement and current status of share options for directors, employees, and service providers, indicating the company’s ongoing commitment to transparency in its financial operations.