Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Nan Nan Resources Enterprise Limited, an investment holding company, mines and sells 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 and an exploration right in the Zexu Open Pit Coal Mine in Xinjiang. The company also provides renewable energy solutions and solar farm development services. In addition, it provides 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. Nan Nan Resources Enterprise Limited is headquartered in Admiralty, Hong Kong. Nan Nan Resources Enterprise Limited is a subsidiary of Ascent Goal Investments Limited.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBIT