Company Overview - China Metal Resources Utilization Co., Ltd. specializes in the processing of recycled copper and was listed on the Hong Kong Stock Exchange in February 2014, with a market capitalization of 12 billion HKD [4] - The company has established multiple industrial bases across various provinces in China and fully owns over 20 subsidiaries involved in copper processing [4] - It has a production capacity of 880,000 tons for copper melting, 80,000 tons for deep processing, and 500,000 tons for standardized waste copper processing, forming a complete industrial chain from resource recovery to manufacturing [4] Financial Performance - As of December 31, 2024, the company reported total revenue of 468 million CNY, a year-on-year decrease of 44.13%, and a net profit attributable to shareholders of -652 million CNY, an increase of 19.03% year-on-year [2] - The gross profit margin stands at -6.57%, with a debt-to-asset ratio of 484.21% [2] Market Position and Valuation - The company's price-to-earnings (P/E) ratio is -0.19, ranking 66th in the industry, while the average P/E ratio for the general metals and minerals industry is -3.69 [3] - The company has not received any investment rating suggestions from institutions [3] Industry Context - The company operates within the broader context of the green economy and has established a comprehensive e-commerce platform for transaction settlement in the recycling industry [4] - It has received multiple honors, including being listed among the "Top 500 Private Enterprises in China" and "Top 100 Private Enterprises in Sichuan" [4]

中国金属资源利用有限公司(港股01636)是专业从事再生铜加工的公司,于2014年2月在香港联合交易所主 板上市,股票市值120亿元,是恒生指数成分股、深港通首批交易股票、摩根斯坦利MSCI中国指数股。中 金资源在国内的四川、湖南、湖北、河南、福建等地布局了多个产业基地,旗下全资控股了铜鑫铜业、 博鑫铜业、湘北铜业、融晟铜业、泰越通信线缆、新世纪电缆等20余家公司。拥有铜熔融加工88万吨、 深加工8万吨、废旧铜标准化50万吨的生产能力。形成了从资源回收到加工、再制造的完整产业链,完成 了从废品到产品的全过程,并建立了"互联网+金融+仓储物流+加工贸易"的金循环电子商务交易结算平 台。中金资源旗下公司主要产品有铜杆、铜棒、铜排、铜丝、铜米、电力电缆、通讯网络线缆等。产品 销售遍布全国二十几个省市地区,稳定占有川、渝、湘、鄂、陕、闽、黔等区域市场,一些产品已在国家 重点工程中应用,并为国内相关大中型制造企业作生产配套,部分产品已销往欧美等国家和地区。中金资 源现有员工1000余人,其中博士5人、硕士12人,高级职称15人、高级技师17人、中级职称52人,技术研发 人员82名。与多所高等院校建立长期协作关系,成立产 ...