EX-7 3 chnr_ex7.htm COMPUTATION OF RATIOS Computation of Ratios

Exhibit 7


Computation of Ratios for Fiscal Year ended December 31, 2015, 2016 and 2017


 

 

 

 

2015

 

 

2016

 

 

2017

 

 

 

 

 

 

CNY’000

 

 

CNY’000

 

 

CNY’000

 

 

Current assets (a)

 

 

 

57,580

 

 

36,242

 

 

29,411

 

 

Current liabilities (b)

 

 

 

123,889

 

 

76,296

 

 

45,253

 

 

Current ratio (c=a/b)

 

 

 

0.46

 

 

0.48

 

 

0.65

 

 

Working capital (d=a-b)

 

 

 

(66,309)

 

 

(40,054)

 

 

(15,842)

 

 

Total interest-bearing debt (i)

 

 

 

—

 

 

—

 

 

—

 

 

Total shareholders’ equity (j)

 

 

 

(17,799)

 

 

13,195

 

 

(15,505)

 

 

Total capital (k=i+j)

 

 

 

(17,799)

 

 

13,195

 

 

(15,505)