Framework Journal · one stock, one dated entry

Recorded 2025-12-31 · Permanent

China Natural Resources Inc CHNR

Clears both ethical standards

An entry written while the outcome is still unknown. It will be scored by what the market does next, and it will never be edited to look cleverer than it was.

In plain words · China Natural Resources, Inc., through its subsidiaries, engages in the exploration and mining of metal properties in the People's Republic of China.

The label
Accumulation

read at $3.60

China Natural Resources Inc holds its Accumulation at $3.60.

PHINPOOPSC
  • PHPhase · the trend structure carries the Accumulation label
  • INInsiders · no filings inside 60 days, left as found
  • POPositioning · no disclosures inside 60 days, left as found
  • OPOptions · no verdict drawn today, left as found
  • SCScreen · screen not yet scored
  • edge confirmed
  • edge broken
  • edge forming

Each arm is one independent read. Conviction is not a single call, it is how many edges converge.

The investor read · the season, not the day

As held on the ledger · 2025-12-31
PhaseAccumulation
Quantitative stateThe statistical read favours the sellers, held for 17 days
Price$3.60
ValuationN/A trailing · N/A forward price to earnings
Values screenNot scored · score 70.0
Beta0.08

The business, in plain words · what the numbers mean

The fundamentals · plain-English read
Profit margin0.0%
currently unprofitable
Return on equity-1.4%
not currently earning a positive return on equity
Current ratio0.12
below 1 — short-term bills exceed liquid assets
Beta0.08
barely tracks the market's swings
Market cap$5M

The risks · The things to watch: it's a small-cap, so the share price can swing harder than the market; its business and earnings are exposed to China and to currency swings.

Plain-English interpretation of our own screen data. Analysis, not advice.

Related securities · others in CHNR's space worth a look

Screened names in the same industry · explore each on its own page.

The trader read · the latest dated commentary

The framework reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 3.2% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it C. Technically it is momentum reading neutral. Over the past year the shares are down 10%. Our forward projection puts the odds of a 10% gain over the next month near 30%. Entered 2026-07-24 · Accumulation

The dated journal · newest first, never edited

2026-07-24 Accumulation $3.60 -3.2% Entry 4

The framework reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 3.2% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it C. Technically it is momentum reading neutral. Over the past year the shares are down 10%. Our forward projection puts the odds of a 10% gain over the next month near 30%.

2026-07-18 Accumulation $3.72 +0.0% Entry 3

The framework reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it C. Technically it is momentum reading neutral. Over the past year the shares are down 10%. Our forward projection puts the odds of a 10% gain over the next month near 30%.

2026-07-03 Accumulation $3.72 +0.0% Entry 2

The framework reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows modest positive risk-adjusted returns.

2026-07-02 Accumulation $3.72 Entry 1

The framework reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows modest positive risk-adjusted returns.

Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.

What holding actually paid · price plus dividends

If $1,000 had been placed · historical, not a promise
PeriodPrice thenPrice returnDivs per share$1,000 becameTotal return
1 month $4.18 -3.2% · $968 -3.2%
2 months $3.88 +4.3% · $1,043 +4.3%
3 months $3.42 +18.3% · $1,183 +18.3%
6 months $4.18 -3.2% · $968 -3.2%
1 year $4.48 -9.7% · $903 -9.7%
2 years $6.72 -39.8% · $602 -39.8%
3 years $14.88 -72.8% · $272 -72.8%
5 years $62.00 -93.5% · $65 -93.5%

Historical returns from market close data. Past performance does not guarantee future results.

This entry now belongs to the ledger. Whatever CHNR does next, these words stay.

China Natural Resources Inc · CHNR · Accumulation · $3.60
Recorded 2025-12-31 · before the outcome · scored mechanically

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