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China Metal Resources Utilization Ltd.
(1636)
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Rating:46Neutral
Price Target:
HK$0.56
▲(27.05% Upside)
Action:Reiterated
Date:01/16/26
The score is primarily held down by very weak financial performance (persistent losses, negative equity, and poor cash generation). Technical indicators show some near-term momentum, but not enough to offset the underlying financial distress, while valuation is not supportive due to a negative P/E and no dividend yield data.
Positive Factors
Diversified Revenue Streams
The company sells processed recycled non‑ferrous metals and conducts trading while maintaining industrial client partnerships. Multiple, related revenue streams and customer linkages reduce reliance on a single channel and support steadier long‑term cash flows across metal cycles.
Negative Factors
Negative Shareholders' Equity
Negative equity signals insolvency risk and severely limits access to capital markets or bank financing. Over months this constrains ability to fund operations, invest in maintenance or growth, and increases dependence on dilutive or expensive financing sources.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified Revenue Streams
The company sells processed recycled non‑ferrous metals and conducts trading while maintaining industrial client partnerships. Multiple, related revenue streams and customer linkages reduce reliance on a single channel and support steadier long‑term cash flows across metal cycles.
Read all positive factors
China Metal Resources Utilization Ltd. (1636) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$138.93M
Dividend Yield1.68%
Average Volume (3M)0.00
Price to Earnings (P/E)―
Beta (1Y)1.05
Revenue GrowthN/A
EPS GrowthN/A
CountryHK
Employees250
SectorBasic Materials
Sector Strength58
IndustryCopper
Share Statistics
EPS (TTM)-1.42
Shares Outstanding448,155,730
10 Day Avg. Volume0
30 Day Avg. Volume0
Financial Highlights & Ratios
PEG Ratio0.04
Price to Book (P/B)-0.10
Price to Sales (P/S)0.92
P/FCF Ratio-23.78
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
China Metal Resources Utilization Ltd. Business Overview & Revenue Model
Company Description
China Metal Resources Utilization Limited, alongside its group of companies, specializes in the production and commercialization of copper-based products and associated materials within the People's Republic of China. The enterprise's activities a...
How the Company Makes Money
The company generates revenue through multiple streams, primarily from the sale of recycled non-ferrous metals such as copper, aluminum, and zinc. It profits from processing scrap metal, which involves collecting, sorting, and refining materials t...
China Metal Resources Utilization Ltd. Financial Statement Overview
Summary
Income Statement
10
Very Negative
Balance Sheet
5
Very Negative
Cash Flow
15
Very Negative
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2023 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 354.69M | 468.04M | 837.70M | 2.39B | 7.72B | 16.70B |
| Gross Profit | 746.00K | -30.73M | -111.89M | -289.73M | 151.60M | 62.58M |
| EBITDA | -138.92M | -188.38M | -288.48M | -2.56B | 219.77M | -150.13M |
| Net Income | -638.79M | -652.46M | -805.78M | -4.76B | -95.48M | -387.25M |
Balance Sheet | ||||||
| Total Assets | 1.07B | 1.08B | 1.38B | 2.40B | 6.73B | 6.26B |
| Cash, Cash Equivalents and Short-Term Investments | 880.00K | 3.61M | 18.33M | 2.39M | 11.95M | 47.32M |
| Total Debt | 1.71B | 1.67B | 1.65B | 1.60B | 1.80B | 1.89B |
| Total Liabilities | 5.43B | 5.24B | 4.89B | 5.10B | 5.02B | 4.77B |
| Stockholders Equity | -4.36B | -4.16B | -3.51B | -2.70B | 1.71B | 1.49B |
Cash Flow | ||||||
| Free Cash Flow | -28.10M | -18.04M | -69.81M | -212.38M | 114.20M | 134.85M |
| Operating Cash Flow | -27.80M | -17.66M | -69.31M | -212.29M | 116.07M | 151.79M |
| Investing Cash Flow | -70.20K | -33.00K | 14.36M | 198.29M | -380.46M | -484.74M |
| Financing Cash Flow | 6.90M | 3.00M | 70.91M | 4.52M | 228.05M | 322.87M |
China Metal Resources Utilization Ltd. Technical Analysis
Negative
0.44
Price Trends
0.31
Positive
0.31
Negative
0.44
Negative
Market Momentum
>-0.01
Negative
22.57
Positive
20.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1636, the sentiment is Negative. The current price of 0.44 is above the 20-day moving average (MA) of 0.31, above the 50-day MA of 0.31, and above the 200-day MA of 0.44, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 22.57 is Positive, neither overbought nor oversold. The STOCH value of 20.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1636.
China Metal Resources Utilization Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | HK$69.11B | 15.08 | 21.88% | 2.39% | 10.77% | 30.27% | |
62 Neutral | HK$174.15B | 14.77 | 13.85% | 2.93% | 22.00% | 61.99% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
55 Neutral | HK$157.43M | -12.28 | -1.67% | 2.37% | -9.05% | 44.68% | |
53 Neutral | HK$3.10B | 4.96 | 15.07% | 15.43% | 48.16% | ― | |
46 Neutral | HK$138.93M | -0.18 | 17.02% | 1.68% | ― | ― |
* Basic Materials Sector Average
HK:1636
China Metal Resources Utilization Ltd.
0.31
-0.72
-69.90%
HK:0358
Jiangxi Copper Company
38.50
14.20
58.41%
HK:1258
China Nonferrous Mining Corp. Ltd.
17.28
5.64
48.49%
HK:0661
China Daye Non-Ferrous Metals Mining Limited
0.16
0.10
173.33%
HK:0893
China Vanadium Titano-Magnetite Mining Co., Ltd.
0.07
-0.02
-18.52%
HK:2362
Jinchuan Group International Resources Co. Ltd
0.64
0.00
0.00%
China Metal Resources Utilization Ltd. Corporate Events
China Metal Resources Utilization Faces Ongoing Result Delays and Debt Restructuring
Jul 6, 2026
China Metal Resources Utilization has yet to commence audit field work for its 2025 financial statements because of unresolved audit fee settlement issues, delaying publication of its annual results and preventing it from meeting Hong Kong listing...
China Metal Resources Utilization given resumption roadmap as Hong Kong trading halt continues
Jul 3, 2026
China Metal Resources Utilization Limited has received formal resumption guidance from the Hong Kong Stock Exchange following the prolonged suspension of trading in its shares due to delayed financial reporting. The company must publish all outsta...
China Metal Resources Utilization Adds Independent Director After Unanimous Shareholder Vote
Jun 26, 2026
Shareholders of China Metal Resources Utilization Limited have approved the appointment of Yau Pak Yue as an independent non-executive director at an extraordinary general meeting held in Hong Kong on 26 June 2026, with the resolution receiving 10...
China Metal Resources Utilization Calls EGM to Add Independent Director
Jun 5, 2026
China Metal Resources Utilization Limited has called an extraordinary general meeting in Hong Kong for 26 June 2026 to seek shareholder approval for the appointment of Mr. Yau Pak Yue as an independent non-executive director. The board will also b...
China Metal Resources Utilization Delays 2025 Results Amid Audit Fee Dispute
May 21, 2026
China Metal Resources Utilization Limited has announced a further delay in publishing its audited annual results for the year ended 31 December 2025. The audit field work for the company and its subsidiaries has not yet commenced because the group...
Major Shareholder Seeks Board Seat at China Metal Resources Utilization
May 15, 2026
China Metal Resources Utilization Limited has received a requisition from HKSCC Nominees Limited on behalf of Xinkong International Securities Limited, which holds 21.58% of the company’s issued shares, to convene an extraordinary general me...
China Metal Resources Faces Going-Concern Disclaimer as Debt Restructuring Hinges on New Capital
Apr 30, 2026
China Metal Resources Utilization Limited has disclosed that its auditors issued a disclaimer of opinion on its 2024 financial statements due to going concern uncertainties, and the company is working to address this by pursuing a comprehensive de...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.