China National Uranium (001280) Q1 2026 earnings summary

Executive summary

• Q1 revenue rose 8.62% YoY to ¥3.565bn; net profit attributable to shareholders increased 52.71% to ¥214.1m, supported by higher natural uranium sales volume and selling prices.

• Operating cash flow swung to a ¥901.4m inflow from a ¥1.148bn outflow YoY; Q1 financial statements were unaudited.

Financial highlights

• Revenue was ¥3.565bn versus ¥3.282bn YoY; net profit attributable to shareholders was ¥214.1m versus ¥140.2m.

• Adjusted net profit, excluding ¥4.85m of non-recurring gains, was ¥209.2m, up 69.82% YoY.

• Total net profit was ¥235.7m versus ¥165.5m YoY; operating profit was ¥321.0m versus ¥235.5m.

• Management expenses rose 43.03% YoY due to higher supplementary exploration costs; financial expenses fell 38.73% as FX losses decreased.

Key financial ratios and metrics

• Basic and diluted EPS were both ¥0.10, up 25.00% YoY; weighted average ROE was 1.26%, down 0.04 percentage points.

• Total assets were ¥31.408bn at quarter-end, down 2.37% from year-end; equity attributable to shareholders was ¥17.028bn, up 0.77%.

• Credit impairment losses increased 59.84% YoY, reflecting higher impairment provisions on foreign-currency receivables amid FX movements.