Company Analysis

China Natural Resources, Inc. (CHNR)

Nasdaq: CHNR · Gold and Silver Ores · Sheung Wan, Hong Kong, CN · filing with the SEC since 1996
Grade2.3
◀ Past 2.2● Present 1.8▶ Future 3.1
2 est.

The grade of China Natural Resources, Inc.

Nine metrics read from its own filings, by tense
Headline grade
2.3/10
◀ Past2.240% of the headline
● Present1.835% of the headline
▶ Future3.125% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 7 read as filed from the record and 2 are SI estimates, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

2.2/1040% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
1.2/10

Has it survived what it has been through?

5 warning events since 2017; the latest 2026-04-28.

weight 45% of this tense · 12th percentile among 73 sector filers · read for itself

From the record

China Natural Resources, Inc.'s filings since 2017 show 5 warning events: a late-report notice (Form NT 10-K or NT 10-Q, 5 times, the latest 2026-04-28) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
1.2/10

What has it actually done, year after year?

-48.3% a year over 4 filed years; profitable in 1 of 4.

weight 33% of this tense · 12th percentile among 44 sector filers · read for its customers

From the record

China Natural Resources, Inc.'s 4 filed years say what it did: revenue went from CNY 147 million in fiscal 2019 to CNY 20 million in fiscal 2022, down 48.3% a year; it rose in 1 of 3 years; the deepest fall was 87% from fiscal 2019 to fiscal 2021; net income was positive in 1 of 4 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span-48.3%bottom 4% of its family
  • the share of years revenue rosebottom 8% of its family
  • the share of filed years with a profitbottom 27% of its family
  • the deepest fall from a revenue peak87.3%bottom 10% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
5.7/10

How has it treated the people who own it?

SI estimate 5.7/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 45 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income, so the desk assumes the typical reading of its industry family, the median of 45 members with one.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
family median, 45 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: China Natural Resources, Inc.'s shareholder treatment is put at 5.7 of 10 with a confidence of 20 of 100, because fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income, so the desk assumes the typical reading of its industry family, the median of 45 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

● Present

What are they doing right now?

1.8/1035% of the headline grade · 3 of 3 filed

Financial health

as filed
3.0/10

Is it financially healthy right now?

ROE -4%: lost 4¢ per shareholder dollar. Leverage 66%: owes 66¢ per asset dollar.

weight 45% of this tense · 30th percentile among 62 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2024-12-31, China Natural Resources, Inc. lost about 4 cents for every dollar of shareholders' money. Leverage: it owed about 66 cents per dollar of assets (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 17% of its family
  • return on equitybottom 43% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
1.1/10

How strong is its position in its industry?

bottom 11% of 44 in its family; net margin -109.8%.

weight 33% of this tense · 11th percentile among 44 sector filers · read for its customers

From the record

China Natural Resources, Inc.'s standing among 44 graded names in its industry family: revenue of CNY 20 million in fiscal 2022 is not ranked by size, since the family reports in another currency; a net margin of -109.8% ranks in the bottom 17%; revenue growth of -48.3% a year over the last 3 filed years ranks in the bottom 6% (its annual reports).

What it rests on

  • net margin-109.8%bottom 17% of its family
  • three-year revenue growth-48.3%bottom 6% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
0.4/10

What are the people in charge doing?

bottom 4% of 13 in its family for leadership; chief executive since 2026.

weight 22% of this tense · 4th percentile among 13 sector filers · read for its shareholders

From the record

China Natural Resources, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Wong, Wah On Edward (President and CEO, as filed), filing under that title since 2026-04-01, 7 months (bottom 4% of its family); the 7 officers and directors filing in the last fifteen months have been on the record a median of 7 months (bottom 4%); it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes are not read (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • the median years the people in charge have filed7 monthsbottom 4% of its family
  • the chief executive's years on the record7 monthsbottom 4% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

3.1/1025% of the headline grade · 2 of 3 filed, 1 estimated

Room to expand

SI estimate
2.3/10

How much room does it have to grow?

SI estimate 2.3/10, confidence 35 of 100 (one part).

weight 22% of this tense · 23rd percentile among 65 sector filers · read for itself

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, cash less debt against assets, which ranks in the bottom 23% of 65 in its family; the record does not carry two of the four parts: cash less debt against assets, cash from operations less capital spending against revenue, gross margin, research against revenue.
What the record cannot read
The record does not carry two of the four parts: cash less debt against assets, cash from operations less capital spending against revenue, gross margin, research against revenue.
How it was reasoned
one part: cash less debt against assets, the one part on file, ranked among 65 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: China Natural Resources, Inc.'s room to expand is put at 2.3 of 10 with a confidence of 35 of 100, because read from one part only, cash less debt against assets, which ranks in the bottom 23% of 65 in its family; the record does not carry two of the four parts: cash less debt against assets, cash from operations less capital spending against revenue, gross margin, research against revenue. A filing that carries the missing parts replaces this estimate with the filed reading.

Growth drivers

as filed
1.9/10

What could actually drive growth from here?

bottom 19% of 41 in its family for growth drivers.

weight 33% of this tense · 19th percentile among 41 sector filers · read for its customers

From the record

China Natural Resources, Inc.'s growth drivers, from the filed years to fiscal 2022: revenue grew -48.3% a year over the last three filed years against -48.3% over all 4, speeding up (bottom 39% of its family); the newest year grew 8.4% (bottom 14%); capital spending grew -47.7% a year (bottom 4%) (its annual reports). China Natural Resources, Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span+0.0 points a yearbottom 39% of its family
  • the newest year's revenue growth8.4%bottom 14% of its family
  • three-year growth of capital spending-47.7%bottom 4% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
4.4/10

Did its newest year beat what its own record pointed to?

bottom 44% of 38 in its family for expectations against reality.

weight 45% of this tense · 44th percentile among 38 sector filers · read for its shareholders

From the record

China Natural Resources, Inc.'s newest year against its own record: revenue of CNY 20 million in fiscal 2022 came in 203.6% above the CNY 7 million its prior three years' pace pointed to (top 4% of its family); net income of CNY 22 million against a prior three-year average of CNY 27 million (bottom 26%); a net margin of a loss larger than its revenue against -90.7% before (bottom 9%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace203.6%top 4% of its family
  • net income against the prior three years' average+16%bottom 26% of its family
  • net margin against its prior average-19.1 pointsbottom 9% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton CHNR · research, not advice