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State uranium miner and processor supplying nuclear fuel material, part of China National Nuclear Corporation (CNNC).
State uranium miner and processor supplying nuclear fuel material, part of China National Nuclear Corporation (CNNC).
Mines and processes uranium for China's nuclear fleet, with state-linked power utilities such as CNNC and CGN the main buyers, so demand follows reactor build-out and supply contracts more than open-market spot trading. The state-owned CNNC group controls it.
In one line: China's Cameco.
Moat: narrow (regulatory licence, scale). State-controlled uranium supplier with a licensing monopoly-like position feeding China's nuclear fleet.
Headquarters: Beijing, China · Employees: 1,499
Size China National Uranium (001280.SZ) is a China Materials company (Other Metals/Minerals) with a market value of $17.9B, the 127th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥58.05 on 6 Nov 2026.
Performance Over six months the shares fell 29.1%, against -18.5% for the median peer and -16.4% for the China market (cap-weighted) — 7th lowest of 21 in its peer set.
Growth Revenue grew 15.2% over the last twelve months (peer median +27.6%); the operating margin is 13.8% (peer median 16.7%).
Valuation It trades at 47.7× forward earnings against a peer median of 11.9× (most expensive of 21).
Capital Return on invested capital runs 6.6 points below its cost of capital (14.8% WACC).
Next results Next results expected around 3 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | n/a | CN¥19.9B | CN¥17.3B | CN¥14.8B | CN¥10.5B |
| Revenue growth | — | +15% | +17% | +41% | — |
| Gross profit | n/a | CN¥3.79B | CN¥2.63B | CN¥2.67B | CN¥2.30B |
| EBITDA | n/a | CN¥3.32B | CN¥2.37B | CN¥2.38B | CN¥2.22B |
| Net income | n/a | CN¥1.65B | CN¥1.46B | CN¥1.30B | CN¥1.33B |
| Free cash flow | n/a | -CN¥4.45B | -CN¥1.14B | CN¥369M | CN¥1.22B |
| Capital expenditure | n/a | CN¥1.93B | CN¥1.74B | CN¥537M | CN¥422M |
| Total debt | CN¥9.07B | CN¥8.09B | CN¥2.90B | CN¥3.83B | CN¥3.84B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| China National Uranium 001280.SZ | $17.9B | -29% | +15% | 14% | 47.7× | n/a |
| Cameco CCO.TO | $31.3B | -38% | 0% | 12% | 48.8× | 47.7% |
| CGN Mining 1164.HK | $2.03B | -47% | +15% | 2% | 20.8× | 33.0% |
| Paladin Energy PDN.AX | $2.32B | -33% | +64% | 4% | 50.9× | n/a |
| Boss Energy BOE.AX | $403M | 0% | +100% | 8% | 16.1× | 18.7% |
| Uranium Energy UEC | $3.43B | -54% | -44% | -358% | n/a | n/a |
| Energy Fuels EFR.TO | $1.78B | -70% | +70% | -79% | 61.7× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 001280.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -3.9% | -14.9% | 4th highest of 21 |
| 6-month return | -29.1% | -18.5% | 7th lowest of 21 |
| Distance from 52-week high | -44.6% | -35.8% | 8th lowest of 21 |
| Revenue growth (TTM) | +15.2% | +27.6% | 5th lowest of 21 |
| Operating margin | 13.8% | 16.7% | 7th lowest of 21 |
| Forward P/E | 47.7× | 11.9× | most expensive of 21 |
| ROIC minus cost of capital | -6.6 pp | +4.1 pp | lowest of 21 |
| EV / EBITDA | 37.5× | 8.5× | most expensive of 15 |
| Net debt / EBITDA | 1.2× | 0.6× | 7th most indebted of 16 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| China National Uranium 001280.SZ | China | $17.9B | -29% | +15% | 14% | 47.7× | n/a | n/a |
| Lundin Mining LUN.TO | Canada | $18.1B | -18% | +29% | 36% | 14.1× | 15.2% | +13.9% |
| First Quantum Minerals FM.TO | Canada | $19.5B | -1% | +28% | 23% | 15.2× | n/a | n/a |
| JX Advanced Metals 5016.T | Japan | $14.6B | -49% | +30% | 11% | 12.7× | 22.2% | -18.6% |
| Boliden BOL.ST | Sweden | $14.6B | -4% | +23% | 16% | 11.3× | 0.6% | +10.7% |
| Korea Zinc 010130.KS | South Korea | $14.4B | -39% | +53% | 8% | 16.2× | n/a | n/a |
| Jiangxi Copper 0358.HK | Hong Kong | $14.3B | -36% | +22% | 4% | 4.7× | n/a | n/a |
| KGHM Polska Miedz KGH.WA | Poland | $14.1B | -27% | +27% | 20% | 6.4× | 1.6% | +9.2% |
| Hindalco Industries HINDALCO.NS | India | $22.7B | -9% | +20% | 11% | 8.6× | n/a | n/a |
| Carpenter Technology CRS | United States | $13.8B | -35% | +10% | 23% | 20.0× | 17.4% | +16.2% |
| South32 S32.AX | Australia | $13.7B | -1% | -4% | 15% | 12.7× | 6.3% | +3.2% |
| ATI ATI | United States | $23.9B | +11% | +9% | 18% | 28.0× | 20.6% | +9.0% |
| China Tungsten & Hightech Materials 000657.SZ | China | $13.2B | -34% | +66% | 16% | 21.0× | n/a | n/a |
| Sumitomo Metal Mining 5713.T | Japan | $13.2B | -19% | +22% | 14% | 8.1× | 8.5% | +13.5% |
| Hindustan Zinc HINDZINC.NS | India | $25.4B | -11% | +57% | 51% | 11.8× | 1.4% | +11.7% |
| MMG 1208.HK | Hong Kong | $11.2B | -27% | +48% | 43% | 6.3× | -11.3% | +15.6% |
| Teck Resources TECK-B.TO | Canada | $29.9B | +3% | +44% | 34% | 16.2× | 4.6% | +3.7% |
| Western Mining 601168.SS | China | $9.85B | -7% | +18% | 17% | 8.2× | -5.6% | +16.5% |
| Tongling Nonferrous Metals 000630.SZ | China | $9.83B | -20% | +46% | 6% | 10.5× | n/a | n/a |
| Hudbay Minerals HBM.TO | Canada | $9.35B | -10% | +13% | 32% | 12.0× | 18.1% | +15.8% |
| Zhejiang Huayou Cobalt 603799.SS | China | $9.30B | -50% | +38% | 12% | 9.3× | n/a | n/a |