China National Uranium (001280) investor relations material

Executive summary

• Q3 revenue was ¥5.22bn, up 23.81% YoY; net income attributable to shareholders was ¥451.1m, up 3.79%.

• 9M revenue rose 14.78% YoY to ¥15.80bn and attributable net income rose 19.92% to ¥1.44bn.

• Etango investment was completed, adding an indirect 42.75% project interest and expanding uranium resource exposure in Namibia.

Financial highlights

• 9M adjusted net income, excluding non-recurring items, was ¥1.42bn, up 18.54% YoY; Q3 adjusted net income was ¥449.9m, up 3.23%.

• 9M operating profit was ¥2.11bn, compared with ¥1.88bn in the prior-year period; total revenue was ¥15.80bn.

• 9M total operating costs were ¥13.58bn, including operating costs of ¥12.59bn.

• Total assets reached ¥34.64bn at Sept. 30, up 7.69% from year-end; parent-attributable equity was ¥17.76bn, up 5.12%.

Key financial ratios and metrics

• Basic and diluted EPS were ¥0.22 in Q3, down 8.33% YoY; 9M EPS was ¥0.70, up 6.06%.

• Weighted-average ROE was 2.57% in Q3, down 1.11 percentage points YoY; 9M ROE was 8.29%, down 2.27 points.

• 9M operating cash flow was a ¥115.0m inflow, versus a ¥3.19bn outflow in the prior-year period.