China Natural Resources, Inc. (CHNR) Balance Sheet
CHNR balance sheet, 2025
December 31, 2025 · Chinese yuanCN¥247.3M assets = CN¥161.0M liabilities + CN¥86.4M equity
Both columns are drawn to the same scale: what CHNR owns equals what it owes plus shareholders’ equity. Hover a block for its value.
CHNR financial health
Current ratio0.12
Tight · current assets cover current liabilities 0.12×
Equity / assets34.9%
Balanced · of assets funded by shareholders
Goodwill & intangibles0.0%
Mostly tangible · of total assets
Descriptive bands, not a rating. Fiscal 2025.
CHNR balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | CN¥94.8M2016 | CN¥247.3M2025 | +11.2%/yr | |
| Total liabilities | CN¥81.6M2016 | CN¥161.0M2025 | +7.8%/yr | |
| Shareholders’ equity | CN¥13.2M2016 | CN¥86.4M2025 | +23.2%/yr | |
| Cash & short-term investments | CN¥19.2M2016 | CN¥475,3012025 | −33.7%/yr | |
| Total debt | CN¥22.6M2016 | CN¥360,0002023 | −44.7%/yr | |
| Net cash (debt) | −CN¥3.4M2016 | CN¥4.4M2023 | +CN¥7.8M | |
| Working capital | −CN¥40.1M2016 | −CN¥12.4M2025 | +CN¥27.6M | |
| Current ratio | 0.482016 | 0.122025 | −0.35 | |
| Debt / equity | 1.712016 | 0.002023 | −1.71 | |
| Shares outstanding | 24.9M2016 | 1.3M2025 | −28.2%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
CHNR assets
Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current
CHNR liabilities and equity
Current liabilitiesLong-term debtOther long-term liabilitiesEquity
CHNR debt vs cash
Total debtCash & ST investmentsNet cash (debt)
Debt includes short- and long-term borrowings and, where reported, lease obligations.
CHNR balance sheet in Chinese yuan
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | CN¥475,301 | CN¥3.1M | CN¥4.8M | CN¥32.7M | CN¥59.4M | CN¥199.8M | CN¥3.5M | CN¥6.8M | CN¥18.9M | CN¥19.2M |
| Cash & equivalents | CN¥475,301 | CN¥3.1M | CN¥4.8M | CN¥31.7M | CN¥58.4M | CN¥56.6M | CN¥3.4M | CN¥6.8M | CN¥18.9M | CN¥19.2M |
| Short-term investments | — | CN¥0 | CN¥3,000 | CN¥1.0M | CN¥1.0M | CN¥138.7M | CN¥20,000 | CN¥20,000 | CN¥21,000 | CN¥40,000 |
| Receivables | CN¥43,027 | CN¥32,000 | CN¥3,000 | CN¥65.5M | CN¥56.9M | CN¥44.3M | CN¥4.0M | CN¥636,869 | CN¥10.0M | CN¥6.1M |
| Inventory | CN¥0 | CN¥0 | −CN¥18,000 | CN¥729,000 | CN¥986,000 | CN¥838,000 | −CN¥4.0M | −CN¥583,000 | −CN¥10.0M | CN¥10.6M |
| Other current assets | CN¥1.2M | CN¥1.2M | CN¥1.1M | CN¥98.0M | CN¥92.3M | CN¥133.4M | CN¥4.0M | CN¥621,131 | CN¥10.5M | CN¥330,000 |
| Total current assets | CN¥1.8M | CN¥4.4M | CN¥5.9M | CN¥197.0M | CN¥209.6M | CN¥378.4M | CN¥7.5M | CN¥7.5M | CN¥29.4M | CN¥36.2M |
| Property, plant & equipment (net) | CN¥30,019 | CN¥49,000 | CN¥399,000 | CN¥3.4M | CN¥3.1M | CN¥1.2M | CN¥830,000 | CN¥275,000 | CN¥337,000 | CN¥54.5M |
| Goodwill & intangible assets | CN¥0 | CN¥0 | CN¥0 | CN¥19.4M | CN¥20.2M | CN¥643,000 | CN¥799,000 | CN¥0 | CN¥0 | CN¥0 |
| Long-term investments | CN¥0 | CN¥0 | CN¥0 | CN¥0 | CN¥0 | CN¥0 | CN¥0 | CN¥0 | CN¥0 | CN¥0 |
| Other non-current assets | CN¥245.6M | CN¥256.5M | CN¥247.5M | CN¥100.2M | CN¥100.6M | CN¥149.8M | CN¥0 | CN¥0 | CN¥0 | CN¥4.0M |
| Total assets | CN¥247.3M | CN¥260.9M | CN¥253.8M | CN¥320.0M | CN¥333.4M | CN¥530.1M | CN¥8.3M | CN¥7.7M | CN¥29.7M | CN¥94.8M |
| Liabilities | ||||||||||
| Accounts payable | CN¥280,172 | CN¥280,000 | CN¥100,000 | CN¥20.3M | CN¥21.1M | CN¥28.6M | CN¥70.9M | CN¥100,000 | CN¥215,000 | CN¥2.7M |
| Short-term debt | — | — | CN¥360,000 | CN¥4.3M | CN¥4.0M | CN¥4.4M | CN¥5.9M | CN¥4.0M | CN¥15.3M | CN¥22.6M |
| Deferred revenue | — | — | CN¥116,000 | CN¥995,000 | CN¥1.2M | CN¥1.5M | — | −CN¥4.0M | −CN¥15.3M | CN¥23,000 |
| Total current liabilities | CN¥14.2M | CN¥17.3M | CN¥177.8M | CN¥64.7M | CN¥73.7M | CN¥148.7M | CN¥35.9M | CN¥29.5M | CN¥45.3M | CN¥76.3M |
| Long-term debt | CN¥0 | CN¥0 | CN¥0 | CN¥71.0M | CN¥74.0M | CN¥77.0M | CN¥30.0M | CN¥0 | CN¥0 | CN¥0 |
| Lease obligations | CN¥0 | CN¥0 | CN¥360,000 | CN¥2.9M | CN¥2.2M | CN¥1.1M | CN¥803,000 | CN¥0 | CN¥0 | CN¥0 |
| Other long-term liabilities | CN¥146.8M | CN¥155.5M | CN¥0 | CN¥6.9M | CN¥3.8M | CN¥12.6M | CN¥0 | CN¥100,000 | CN¥215,000 | CN¥5.3M |
| Total liabilities | CN¥161.0M | CN¥172.8M | CN¥177.8M | CN¥142.5M | CN¥151.4M | CN¥238.3M | CN¥35.9M | CN¥29.5M | CN¥45.3M | CN¥81.6M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | CN¥451.1M | CN¥450.8M | CN¥450.8M | CN¥450.8M | CN¥450.8M | CN¥419.1M | CN¥312.1M | CN¥312.1M | CN¥312.1M | CN¥312.1M |
| Retained earnings (deficit) | −CN¥1.13B | −CN¥1.13B | −CN¥1.12B | −CN¥1.11B | −CN¥1.08B | −CN¥1.03B | −CN¥1.03B | −CN¥1.02B | −CN¥1.02B | −CN¥1.05B |
| Treasury stock | — | — | — | — | — | — | — | CN¥0 | CN¥0 | CN¥0 |
| Accumulated other comprehensive income | CN¥763.3M | CN¥763.3M | CN¥748.1M | CN¥726.0M | CN¥708.3M | CN¥784.8M | CN¥688.6M | CN¥688.8M | CN¥688.9M | CN¥750.8M |
| Minority interest | CN¥0 | CN¥0 | CN¥0 | CN¥109.7M | — | — | — | CN¥0 | CN¥0 | CN¥0 |
| Total shareholders' equity | CN¥86.4M | CN¥88.1M | CN¥76.0M | CN¥67.8M | CN¥74.7M | CN¥172.7M | −CN¥27.6M | −CN¥21.8M | −CN¥15.5M | CN¥13.2M |
| Key figures | ||||||||||
| Total debt | — | — | CN¥360,000 | CN¥76.9M | CN¥79.2M | CN¥83.5M | CN¥5.8M | CN¥4.0M | CN¥15.3M | CN¥22.6M |
| Net cash (debt) | — | — | CN¥4.4M | −CN¥44.2M | −CN¥19.8M | CN¥116.3M | −CN¥2.4M | CN¥2.8M | CN¥3.6M | −CN¥3.4M |
| Working capital | −CN¥12.4M | −CN¥13.0M | −CN¥171.9M | CN¥132.3M | CN¥135.9M | CN¥229.7M | −CN¥28.4M | −CN¥22.1M | −CN¥15.8M | −CN¥40.1M |
| Tangible book value | CN¥86.4M | CN¥88.1M | CN¥76.0M | CN¥48.4M | CN¥54.5M | CN¥172.1M | −CN¥28.4M | −CN¥21.8M | −CN¥15.5M | CN¥13.2M |
| Shares outstanding | 1.3M | 9.7M | 8.2M | 8.2M | 8.1M | 6.3M | 5.6M | 5.0M | 5.0M | 24.9M |
| Current ratio | 0.12 | 0.25 | 0.03 | 3.05 | 2.85 | 2.55 | 0.21 | 0.25 | 0.65 | 0.48 |
| Quick ratio | 0.04 | 0.18 | 0.03 | 1.52 | 1.58 | 1.64 | 0.21 | 0.25 | 0.64 | 0.33 |
| Debt / equity | — | — | 0.00 | 1.13 | 1.06 | 0.48 | — | — | — | 1.71 |
| Equity / assets | 34.9% | 33.8% | 29.9% | 21.2% | 22.4% | 32.6% | −332.1% | −281.5% | −52.1% | 13.9% |
| Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | Jun '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | CN¥475,301 | CN¥475,000 | CN¥726,834 | CN¥727,000 | CN¥3.1M | CN¥3.1M | CN¥3.1M | CN¥4.8M | CN¥4.8M | CN¥4.8M | CN¥4.8M | CN¥33.2M |
| Cash & equivalents | CN¥475,301 | CN¥475,000 | CN¥726,834 | CN¥727,000 | CN¥3.1M | CN¥3.1M | CN¥3.1M | CN¥4.8M | CN¥4.8M | CN¥4.8M | CN¥4.8M | CN¥32.2M |
| Short-term investments | — | — | — | — | — | CN¥0 | — | CN¥3,000 | CN¥3,000 | CN¥3,000 | CN¥3,000 | CN¥1.0M |
| Receivables | CN¥43,027 | CN¥0 | CN¥2,999 | CN¥0 | CN¥32,000 | CN¥32,000 | CN¥0 | CN¥6,000 | CN¥3,000 | CN¥3,000 | CN¥0 | CN¥64.4M |
| Inventory | CN¥0 | CN¥0 | CN¥0 | CN¥0 | CN¥0 | CN¥0 | CN¥0 | CN¥0 | −CN¥18,000 | −CN¥18,000 | CN¥0 | CN¥912,000 |
| Other current assets | CN¥1.2M | CN¥1.3M | CN¥1.1M | CN¥1.3M | CN¥1.2M | CN¥1.2M | CN¥1.3M | CN¥1.1M | CN¥1.1M | CN¥1.1M | CN¥1.1M | CN¥102.2M |
| Total current assets | CN¥1.8M | CN¥1.8M | CN¥1.8M | CN¥2.0M | CN¥4.4M | CN¥4.4M | CN¥4.4M | CN¥5.9M | CN¥5.9M | CN¥5.9M | CN¥5.9M | CN¥200.7M |
| Property, plant & equipment (net) | CN¥30,019 | CN¥30,000 | CN¥46,988 | CN¥47,000 | CN¥49,000 | CN¥49,000 | CN¥49,000 | CN¥399,000 | CN¥399,000 | CN¥399,000 | CN¥399,000 | CN¥2.7M |
| Goodwill & intangible assets | CN¥0 | CN¥0 | CN¥0 | CN¥0 | CN¥0 | CN¥0 | CN¥0 | CN¥0 | CN¥0 | CN¥0 | CN¥0 | CN¥19.0M |
| Long-term investments | CN¥0 | CN¥0 | CN¥0 | CN¥0 | CN¥0 | CN¥0 | CN¥0 | CN¥0 | CN¥0 | CN¥0 | CN¥0 | CN¥0 |
| Other non-current assets | CN¥245.6M | CN¥245.4M | CN¥249.6M | CN¥249.4M | CN¥256.5M | CN¥256.5M | CN¥256.5M | CN¥247.5M | CN¥247.5M | CN¥247.5M | CN¥247.5M | CN¥346.5M |
| Total assets | CN¥247.3M | CN¥247.2M | CN¥251.4M | CN¥251.5M | CN¥260.9M | CN¥260.9M | CN¥260.9M | CN¥253.8M | CN¥253.8M | CN¥253.8M | CN¥253.8M | CN¥568.9M |
| Liabilities | ||||||||||||
| Accounts payable | CN¥280,172 | CN¥280,000 | CN¥279,936 | CN¥280,000 | CN¥280,000 | CN¥280,000 | CN¥280,000 | CN¥100,000 | CN¥100,000 | CN¥100,000 | CN¥100,000 | CN¥21.5M |
| Short-term debt | — | — | — | — | — | — | — | CN¥360,000 | CN¥360,000 | CN¥360,000 | CN¥360,000 | CN¥4.8M |
| Deferred revenue | — | — | — | — | — | — | — | — | CN¥116,000 | CN¥116,000 | — | CN¥995,000 |
| Total current liabilities | CN¥14.2M | CN¥14.2M | CN¥13.7M | CN¥13.7M | CN¥17.3M | CN¥17.3M | CN¥17.3M | CN¥177.8M | CN¥177.8M | CN¥177.8M | CN¥177.8M | CN¥325.9M |
| Long-term debt | CN¥0 | CN¥0 | CN¥0 | CN¥0 | CN¥0 | CN¥0 | CN¥0 | CN¥0 | CN¥0 | CN¥0 | CN¥0 | CN¥69.0M |
| Lease obligations | — | CN¥0 | — | — | — | CN¥0 | — | CN¥376,000 | — | CN¥360,000 | — | CN¥2.4M |
| Other long-term liabilities | CN¥146.8M | CN¥146.7M | CN¥151.3M | CN¥151.3M | CN¥155.5M | CN¥155.5M | CN¥155.5M | CN¥0 | CN¥0 | CN¥0 | CN¥0 | CN¥6.3M |
| Total liabilities | CN¥161.0M | CN¥160.9M | CN¥165.0M | CN¥165.0M | CN¥172.8M | CN¥172.8M | CN¥172.8M | CN¥177.8M | CN¥177.8M | CN¥177.8M | CN¥177.8M | CN¥401.2M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | CN¥451.1M | — | CN¥450.7M | — | CN¥450.8M | CN¥450.8M | CN¥450.8M | CN¥450.8M | CN¥450.8M | CN¥450.8M | CN¥450.8M | CN¥450.8M |
| Retained earnings (deficit) | −CN¥1.13B | −CN¥1.13B | −CN¥1.13B | −CN¥1.13B | −CN¥1.13B | −CN¥1.13B | −CN¥1.13B | −CN¥1.12B | −CN¥1.12B | −CN¥1.12B | −CN¥1.12B | −CN¥1.12B |
| Accumulated other comprehensive income | CN¥763.3M | — | CN¥762.8M | — | CN¥763.3M | CN¥763.3M | CN¥763.3M | CN¥748.1M | CN¥748.1M | CN¥748.1M | CN¥748.1M | CN¥725.6M |
| Minority interest | — | CN¥0 | — | CN¥0 | — | CN¥0 | — | — | — | — | — | — |
| Total shareholders' equity | CN¥86.4M | CN¥86.3M | CN¥86.5M | CN¥86.5M | CN¥88.1M | CN¥88.1M | CN¥88.1M | CN¥76.0M | CN¥76.0M | CN¥76.0M | CN¥76.0M | CN¥56.6M |
| Key figures | ||||||||||||
| Total debt | — | — | — | — | — | — | — | CN¥360,000 | CN¥360,000 | CN¥360,000 | CN¥360,000 | CN¥74.9M |
| Net cash (debt) | — | — | — | — | — | — | — | CN¥4.4M | CN¥4.4M | CN¥4.4M | CN¥4.4M | −CN¥41.7M |
| Working capital | −CN¥12.4M | −CN¥12.4M | −CN¥11.9M | −CN¥11.7M | −CN¥13.0M | −CN¥13.0M | −CN¥13.0M | −CN¥171.9M | −CN¥171.9M | −CN¥171.9M | −CN¥171.9M | −CN¥125.2M |
| Tangible book value | CN¥86.4M | CN¥86.3M | CN¥86.5M | CN¥86.5M | CN¥88.1M | CN¥88.1M | CN¥88.1M | CN¥76.0M | CN¥76.0M | CN¥76.0M | CN¥76.0M | CN¥37.7M |
| Shares outstanding | 1.3M | 1.3M | 1.3M | 1.2M | 9.9M | 9.7M | 9.9M | 9.4M | 9.4M | 8.2M | — | 8.2M |
| Current ratio | 0.12 | 0.12 | 0.13 | 0.15 | 0.25 | 0.25 | 0.25 | 0.03 | 0.03 | 0.03 | 0.03 | 0.62 |
| Quick ratio | 0.04 | 0.03 | 0.05 | 0.05 | 0.18 | 0.18 | 0.18 | 0.03 | 0.03 | 0.03 | 0.03 | 0.30 |
| Debt / equity | — | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 1.32 |
| Equity / assets | 34.9% | 34.9% | 34.4% | 34.4% | 33.8% | 33.8% | 33.8% | 29.9% | 29.9% | 29.9% | 29.9% | 10.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in Chinese yuan as reported (latest annual report filed May 15, 2026); data from EODHD.
CHNR financial position
At the end of fiscal 2025 (December 31, 2025), China Natural Resources had total assets of CN¥247.3 million (down 5.2% from a year earlier), total liabilities of CN¥161.0 million and shareholders' equity of CN¥86.4 million. Its current ratio was 0.12. In the latest quarter (ended March 31, 2026) total assets were CN¥247.3 million and equity CN¥86.4 million.
Related: CHNR income statement, CHNR cash flow statement, CHNR key metrics. See the CHNR stock overview for the latest quote and news.
CHNR balance sheet FAQ
What are China Natural Resources's total assets?
China Natural Resources reported total assets of CN¥247.3 million at the end of fiscal 2025 (December 31, 2025), compared with CN¥260.9 million a year earlier.
How much cash does China Natural Resources have?
China Natural Resources held CN¥0.5 million in cash and short-term investments at the end of fiscal 2025.
What is China Natural Resources's book value?
China Natural Resources's shareholders' equity (book value) was CN¥86.4 million at the end of fiscal 2025.
What is China Natural Resources's current ratio?
China Natural Resources had current assets of CN¥1.8 million and current liabilities of CN¥14.2 million, a current ratio of 0.12 (current liabilities exceed current assets).