China Natural Resources Inc. Common Stock (CHNR)

FairStock Score: 41/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I approach this as a Graham-style asset case, but the numbers give little comfort. China Natural Resources is a $5.2 million market-cap miner trading at $4.04 as of the 2026-10-13 close. It holds an interest in the Moruogu Tong mine, 7.81 square kilometers in Inner Mongolia, exploring for lead, silver and other nonferrous metals. That is a real asset, but with only 9 employees and no stated revenue growth or profit growth, I cannot judge operating momentum. The provided EPS is -$0.14, and FairStock's P/E is -28.86, so there are no earnings to capitalize. FairStock's ROE is -1.41% and ROCE is -0.81%; both are negative, meaning the business is not earning a return on the capital employed. The balance-sheet risk is severe: Altman Z-Score is -6.43, and Piotroski F-Score is 0/9. Those are distress signals, not value signals. The one apparent attraction is price: FairStock's P/B is 0.39, so the market values equity at a large discount to stated book value. But Graham taught that book value is only useful if assets are real and earning power is adequate. Here, negative profits and missing growth figures make the discount suspect. The 0.00% dividend gives no cash return, and the 0.12 beta may simply reflect an illiquid micro-cap. FairStock Score is 41/100, and the Lynch category is none because there are only 0 years of filed annual results, versus the 3 needed. At $4.04 within a 52-week range of $3.18 to $6.94, the stock looks cheap on assets but weak on business quality. I would need a margin of safety far larger than this and evidence of durable earnings before calling it a sound investment.

In plain English: China Natural Resources is a very small mining company that explores for lead, silver and other metals in China. The business looks weak: it is losing money, is not earning a profit on the money invested in it, and there is not enough filed annual history to judge growth. The stock price looks low compared with its stated book value, but that low price may reflect serious financial and operating problems rather than a safe bargain.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer