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Video: What is a Stock Split?
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China Natural Resources is a holding company. Through its subsidiaries, Co. focuses on metals exploration and mining activities and other business opportunities in the People's Republic of China (PRC). Co. is exploring for lead, silver and other metals in the Inner Mongolia Autonomous Region of the PRC. According to our CHNR split history records, China Natural Resources has had 1 split. | |
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China Natural Resources (CHNR) has 1 split in our CHNR split history database. The split for CHNR took place on April 03, 2023. This was a 1 for 5 reverse split, meaning for each 5 shares of CHNR owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 200 share position following the split.
When a company such as China Natural Resources conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.
Looking at the CHNR split history from start to finish, an original position size of 1000 shares would have turned into 200 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into China Natural Resources shares, starting with a $10,000 purchase of CHNR, presented on a split-history-adjusted basis factoring in the complete CHNR split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/25/2014 |
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End date: |
04/23/2024 |
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Start price/share: |
$20.25 |
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End price/share: |
$1.04 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-94.86% |
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Average Annual Total Return: |
-25.68% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$513.69 |
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Years: |
10.00 |
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Date |
Ratio |
04/03/2023 | 1 for 5 |
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