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China Natural Resources, Inc (CHNR) Fair Value & Analysis

Basic Materials · US · Market cap $5.4M

CN China Natural Resources, Inc logo China Natural Resources, Inc CHNR · US
Price$4.10
Fair Value$6.80
Upside+65.9%
Quality56/100
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Weak Growth
Thin margins · 0.0% net margin
Moderate debt · negative free cash flow
Ranks above peers (8/11)
Narrow moat 12/100
Evidence: Low Range $5.08 – $10.16 Share as image

Fair value as of: Jul 24, 2026

From 1 valuation models · updated 18 days ago

Fair value updated Jul 24, 2026, revised from $6.79 to $6.80 (+0.1%) since Jun 25, 2026. Share price +9.9% over the past month.

A solid business, screening 66% undervalued on our models.

What matters now

  • The price is below even our cautious bear case ($5.08). The market is more pessimistic than our downside scenario.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • Solid quality (56/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range ($5.08 to $10.16) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

$72.40 $3.23 Fair Value $6.80 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 24, 2026.

How to read this chart

60‑month range $3.23 – $72.40 · fair‑value band $5.08 – $10.16 · the $4.10 price screens below the $6.80 fair value. Dashed = 300-day average. As of Jul 24, 2026.

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Analysis

China Natural Resources, Inc (CHNR) currently trades at $4.10, while our model-based Fair Value estimate is $6.80, implying the stock looks roughly 65.9% undervalued today. The Quality Score stands at 56/100 (solid quality), in the Basic Materials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: low), always confirm before acting.

Trailing-twelve-month revenue stands at $16.5M. Revenue declined 24.0% year over year. It earns a return on equity of -1.4%. Fundamentals as of Jul 24, 2026

Our scenario range runs from $5.08 (bear case) to $10.16 (bull case); at $4.10, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 50% below its 52-week high and 30% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -34% fair-value upside, at 66%, CHNR screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
NCAV (Graham) $34.38 $46.07 $68.76 50
All 1 models by family
Asset-Based
NCAV (Graham) $34.38 $46.07 $68.76 50

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Key figures & financial health

Revenue (TTM) $16.5M
Revenue growth (YoY) -24.0%
Return on equity -1.4%
Free cash flow −$5.6M FY2025
EPS (TTM) $-0.1400
Net cash $475K FY2025

Figures from reported company fundamentals · as of Jul 24, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 56/100

Of which business quality 57 · Market factors (momentum, volatility) 42

Profitability 8
Margins and returns on capital today
Quality Growth 54
Are margins and returns improving?
Cashflow 100
Earnings quality: real cash, not paper profit
Fin. Strength 26
Balance sheet, leverage, solvency risk
Investment 79
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 42
Price trend over the last 3–12 months (market factor)
52W Momentum 33
Distance to the 52-week high (market factor)
Net Issuance 100
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

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.

Full 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 Wulatehouqi, Bayannaoer City, Inner Mongolia. The company is headquartered in Shenzhen, the People's Republic of China. China Natural Resources, Inc. operates as a subsidiary of Feishang Industrial Group Co., Ltd.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

China Natural Resources, Inc reported revenue of $0 in FY2025 versus $18.7M in FY2021. Reported net income was −$1.2M in FY2025.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2022)
$20.3M
Latest YoY
+8.4%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−48.3%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−13.3%
Avg. growth/yr (27Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−15.8%
Revenue
FY21 $18.7M
FY22 $20.3M
FY23 $0
FY24 $0
FY25 $0
Net income
FY21 −$48.2M
FY22 −$24.6M
FY23 −$13.8M
FY24 −$3.2M
FY25 −$1.2M

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Cite: Fair Value Calculator (2026). "China Natural Resources, Inc Fair Value". https://www.fairvalue-calculator.com/stock/CHNR

Peer Group

Other Industrial Metals & Mining · 475 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 57 · Top 25%
Fair Value upside +66% · Top 25%
Return on assets -1% · Above median
Net margin (TTM) 0% · Above median
Operating margin (TTM) 0% · Below median
Revenue growth -24% · Below median
Debt / equity 0.82× · Higher than 75% of peers

Valuation Multiples vs Other Industrial Metals & Mining median · lower = cheaper

P/B 0.06× · Cheaper than 75% of peers
P/S (TTM) 0.33× · Cheaper than 75% of peers
PEG 0.30× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 100 · sector 0
FUTURE 0 · sector 23
PAST 0 · sector 0
HEALTH 59 · sector 96
DIVIDEND 0 · sector 21

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Other Industrial Metals & Mining stocks, each showing price versus our Fair Value estimate (as of Jul 24, 2026).

Stock Price Fair Value vs Fair Value
BHP Group BHPN 1,425 MXN 942.42 MXN -34%
Rio Tinto Group RIO A$164.89 A$81.76 -50%
Grupo México, S.A. GMEXICOB 199.23 MXN 187.72 MXN -6%
Vale S.A VALE $14.89 $8.95 -40%
Saudi Arabian Mining Company 1211 58.05 SAR 33.87 SAR -42%
CMOC Group 603993 ¥18.20 ¥16.15 -11%
Fortescue Ltd FMG A$18.47 A$18.62 +1%
China Tungsten And Hightech Materials Co 000657 ¥74.71 ¥9.55 -87%
Hindustan Zinc Limited HINDZINC ₹521.95 ₹576.80 +11%
China Northern Rare Earth (Group) High-Tech Co 600111 ¥39.56 ¥10.59 -73%

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Frequently asked questions

Is China Natural Resources, Inc (CHNR) overvalued or undervalued?
As of Jul 24, 2026, our model estimates a fair value of $6.80 versus a price of $4.10, about +66% (undervalued).
What is the fair value of CHNR?
Our model-based fair value for China Natural Resources, Inc is $6.80 (as of Jul 24, 2026), built from audited fundamentals. The current price is $4.10.
What is the quality score of CHNR?
China Natural Resources, Inc has a Quality Score of 56/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of China Natural Resources, Inc (CHNR)?
China Natural Resources, Inc reported trailing-twelve-month revenue of about $16.5M (latest available figure, as of Jul 24, 2026).
What is the net profit margin of CHNR?
The net profit margin of China Natural Resources, Inc is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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