China Natural Resources, Inc. (CHNR) Key Metrics
CHNR key metrics, 2016–2025
Fiscal year ended December 31, 2025 · Chinese yuanCHNR returns How much profit the business earns on the capital it uses.
CHNR financial health Debt, liquidity and how easily interest is covered.
CHNR efficiency & capital use Working capital cycle and where the cash goes.
CHNR returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
CHNR debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
CHNR cash returned to shareholders
CHNR key metrics in Chinese yuan
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Returns & profitability | ||||||||||
| Return on equity (ROE) | −1.4% | −3.9% | −19.3% | −34.6% | −38.9% | 33.5% | — | — | — | — |
| Return on invested capital (ROIC) | −3.0% | −0.0% | −11.1% | −19.3% | −11.6% | −93.3% | — | — | — | — |
| Return on assets (ROA) | −0.5% | −1.2% | −4.8% | −7.5% | −11.2% | 9.0% | −536.6% | −32.7% | −48.2% | −31.5% |
| Return on tangible assets | −0.5% | −1.2% | −5.5% | −8.2% | −15.4% | 4.6% | −574.0% | −79.2% | −100.8% | −24.3% |
| Free cash flow margin | — | — | — | −64.2% | −65.2% | −10.8% | −2.3% | −90.7% | −47.8% | — |
| Income quality (OCF / net income) | — | — | — | — | — | −1.91 | — | — | — | — |
| Financial health | ||||||||||
| 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 |
| 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 |
| Net debt | −CN¥475,301 | −CN¥3.1M | −CN¥4.4M | CN¥44.2M | CN¥19.8M | −CN¥116.3M | CN¥2.4M | −CN¥2.8M | −CN¥3.6M | CN¥3.4M |
| Debt / equity | — | — | 0.00 | 1.13 | 1.06 | 0.48 | — | — | — | 1.71 |
| Debt / assets | — | — | 0.00 | 0.24 | 0.24 | 0.16 | 0.70 | 0.52 | 0.51 | 0.24 |
| Net debt / EBITDA | — | −8.99 | — | — | — | — | — | — | — | — |
| Current ratio | 0.12 | 0.25 | 0.03 | 3.05 | 2.85 | 2.55 | 0.21 | 0.25 | 0.65 | 0.48 |
| Quick ratio | 0.12 | 0.25 | 0.03 | 3.03 | 2.83 | 2.54 | 0.32 | 0.27 | 0.87 | 0.34 |
| Interest coverage | -75.0 | -0.3 | -299.6 | -6.3 | -66.7 | -4.5 | -92.1 | -310.4 | -443.1 | -26.0 |
| 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 |
| Invested capital | CN¥85.9M | CN¥85.0M | CN¥71.6M | CN¥112.0M | CN¥94.5M | CN¥56.5M | −CN¥25.2M | −CN¥24.6M | −CN¥19.1M | CN¥16.6M |
| Tangible asset value | CN¥86.4M | CN¥88.1M | CN¥76.0M | CN¥158.1M | CN¥161.8M | CN¥291.2M | −CN¥28.4M | −CN¥21.8M | −CN¥15.5M | CN¥13.2M |
| Net current asset value | −CN¥159.2M | −CN¥168.5M | −CN¥171.9M | CN¥54.4M | CN¥58.2M | CN¥140.1M | −CN¥28.4M | −CN¥22.1M | −CN¥15.8M | −CN¥45.4M |
| Capital allocation | ||||||||||
| Dividends paid | CN¥0 | CN¥0 | CN¥37.5M | CN¥0 | CN¥10.3M | CN¥10.3M | CN¥10.3M | CN¥10.3M | CN¥0 | CN¥0 |
| Share buybacks (net) | — | — | — | — | CN¥0 | — | — | CN¥0 | CN¥0 | CN¥0 |
| Dividend payout ratio | — | — | — | — | — | 42.3% | — | — | — | — |
| Capex / revenue | — | — | — | 1.2% | 0.8% | 0.0% | 0.0% | 0.1% | 12.2% | — |
| Capex / operating cash flow | — | — | 0.0% | — | — | — | — | — | — | — |
| Capex / depreciation | 0.01 | 0.01 | 0.00 | 0.10 | 0.05 | 0.00 | 0.00 | 0.07 | 2.77 | 1.86 |
| Stock-based compensation / revenue | — | — | — | 79.5% | 0.0% | — | — | — | — | — |
| SG&A / revenue | — | — | — | 124.3% | 59.1% | 46.1% | 14.1% | 74.8% | 15.0% | — |
| Efficiency | ||||||||||
| Days sales outstanding | — | — | — | 1,100.2 | 986.1 | 207.4 | 5.7 | 233.4 | 71.1 | — |
| Days of inventory on hand | — | — | 80.6 | 21.6 | 18.0 | -14.5 | -6.3 | -27,638.5 | 4.3 | 951.5 |
| Days payables outstanding | 21,022.3 | 195.4 | 2,315.7 | 522.2 | 490.8 | 463.2 | 98.1 | 825.9 | 21.5 | 240.3 |
| Cash conversion cycle (days) | — | — | — | 599.6 | 513.2 | -270.4 | -98.6 | -28,231.0 | 54.0 | — |
| Receivables turnover | 0.00 | 0.00 | 0.00 | 0.33 | 0.37 | 1.76 | 64.09 | 1.56 | 5.14 | 0.00 |
| Payables turnover | 0.02 | 1.87 | 0.16 | 0.70 | 0.74 | 0.79 | 3.72 | 0.44 | 17.01 | 1.52 |
| Inventory turnover | — | — | — | 16.89 | 20.28 | — | — | — | — | 0.38 |
| Asset turnover | 0.00 | 0.00 | 0.00 | 0.06 | 0.04 | 0.16 | 18.35 | 0.44 | 0.66 | 0.00 |
| Average receivables | CN¥37,514 | CN¥17,500 | CN¥32.8M | CN¥61.2M | CN¥50.6M | CN¥24.1M | CN¥2.3M | CN¥5.3M | CN¥8.1M | CN¥3.3M |
| Average payables | CN¥280,086 | CN¥190,000 | CN¥10.2M | CN¥20.7M | CN¥24.9M | CN¥49.8M | CN¥35.5M | CN¥157,500 | CN¥1.5M | CN¥1.8M |
| Average inventory | — | — | CN¥355,500 | CN¥857,500 | CN¥912,000 | −CN¥1.6M | −CN¥2.3M | −CN¥5.3M | CN¥299,000 | CN¥7.2M |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 6.1% | 6.1% | 0.1% | 9.6% | 0.0% | 0.0% | 0.0% |
Computed from CHNR's annual financial statements (latest annual report filed May 15, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in Chinese yuan; data from EODHD. Averages use the opening and closing balance of each year.
CHNR valuation and financial ratios
China Natural Resources earned a return on equity of −1.4% and a return on invested capital of −3.0% in fiscal 2025.
See the CHNR income statement, the CHNR chart for price history, or the CHNR stock overview for the latest quote and news.
CHNR key metrics FAQ
What is China Natural Resources's return on equity?
China Natural Resources's return on equity (ROE) was −1.4% in fiscal 2025: net income of -CN¥1.2 million on average shareholders' equity of CN¥87.2 million.
What is China Natural Resources's ROIC?
China Natural Resources's return on invested capital was −3.0% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
Does China Natural Resources pay a dividend?
China Natural Resources did not pay a dividend in fiscal 2025.
What is China Natural Resources's current ratio?
China Natural Resources's current ratio was 0.12 at the end of fiscal 2025: current assets were 0.12 times current liabilities.