Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Nan Nan Resources Enterprise Limited, an investment holding company, engages in the mining and sale of coal in the Mainland China, Hong Kong, Singapore, the United Kingdom, and Malaysia. The company operates through three segments: Coal Mining Business, Renewable Energy Business, and IT Services Business. It owns mining right in the Kaiyuan Open Pit Coal Mine located in Xinjiang. The company also provides renewable energy solutions and solar farm development services. In addition, it offers information technology outsourcing, consultancy, and technical services, as well as sells IT hardware products. The company was formerly known as International Resources Enterprise Limited and changed its name to Nan Nan Resources Enterprise Limited in September 2011. The company was incorporated in 1995 and is headquartered in Admiralty, Hong Kong. Nan Nan Resources Enterprise Limited is a subsidiary of Ascent Goal Investments Limited.
Company Valuation
From both historical and forecast perspectives, the stock is considerably underpriced compared to similar stocks. In particular, the stock is undervalued on P/FCF.