CNNC International Limited (2302) AI Stock Analysis

• Market Cap: €2.38B
• Dividend Yield: N/A
• Average Volume (3M): 2.98M
• Price to Earnings (P/E): 11.2
• Beta (1Y): 0.51
• Revenue Growth: 374.76%
• EPS Growth: 136.10%
• Country: HK
• Employees: 35
• Sector: Energy
• Sector Strength: 52
• Industry: Technology Distributors
• EPS (TTM): 0.02
• Shares Outstanding: 489,168,330
• 10 Day Avg. Volume: 1,385,110
• 30 Day Avg. Volume: 2,984,081
• PEG Ratio: 0.05
• Price to Book (P/B): 1.22
• Price to Sales (P/S): 0.45
• P/FCF Ratio: 5.90
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 72 Outperform
• Price Target: HK$6.00 ▲(14.29% Upside)

CNNC International Limited's overall stock score is driven primarily by its strong financial performance, characterized by revenue growth, profitability, and stable cash flow generation. Technical analysis supports a positive short-term trend, although some indicators suggest caution. Valuation is moderate with a reasonable P/E ratio, but the lack of a dividend yield may be a consideration for income-focused investors.

Positive Factors

Strategic Advantage

Being a subsidiary of a state-owned enterprise provides CNNC International with strategic advantages, including access to resources and expertise, enhancing its competitive position in the uranium market.

Revenue Growth

The significant revenue growth indicates strong market demand and effective business strategies, contributing to long-term financial health and market expansion.

Profitability Improvement

Improved profitability through better cost management and operational efficiency enhances the company's ability to reinvest in growth and sustain competitive advantages.

Negative Factors

Historical Volatility

Past volatility in revenue and cash flow poses a risk to financial stability, requiring robust risk management strategies to ensure consistent performance.

Debt Management

Fluctuating debt levels can impact financial flexibility and increase risk, necessitating careful debt management to maintain stability and support growth initiatives.

Cash Flow Stability

Volatility in free cash flow can affect the company's ability to fund operations and growth consistently, highlighting the need for strategies to stabilize cash generation.

CNNC International Limited Business Overview & Revenue Model

Company Description

CNNC International Limited, an investment holding company, explores for and trades in mineral properties in Mongolia and the People's Republic of China. It operates through Trading of Mineral Property, Exploration and Selling of Mineral Properties, and Supply Chain segments. The company holds interests in uranium projects located in Mongolia. It also sells electronics and other products, including liquid crystal displays, flash drives, memory cards, metal raw materials, etc.; and offers supply chain services. The company was formerly known as United Metals Holdings Limited and changed its name to CNNC International Limited in August 2008. The company was incorporated in 2002 and is headquartered in Hong Kong, Hong Kong. CNNC International Limited is a subsidiary of CNNC Overseas Uranium Holding Limited.

How the Company Makes Money

CNNC International Limited generates revenue through multiple streams primarily centered around the production and sale of uranium and other nuclear-related products. The company earns money by extracting uranium from its mining operations and selling it to nuclear power plants and energy companies. Additionally, CNNC International has established partnerships with various international entities, enhancing its market reach and operational capacity. The revenue model is further supported by contracts for long-term supply agreements and participation in the global nuclear fuel cycle, which includes the provision of nuclear technology services and consultancy. Market demand for clean energy solutions, driven by the global shift towards low-carbon energy sources, also significantly contributes to the company's earnings.

CNNC International Limited Financial Statement Overview

Summary

CNNC International Limited exhibits strong financial health with positive trends in revenue growth, profitability, and cash flow generation. The company's balance sheet is stable, with a solid equity position and manageable debt levels. However, historical revenue and cash flow volatility highlight the need for careful risk management in a competitive industry environment.

Income Statement

CNNC International Limited demonstrates strong revenue growth and improving profitability. The gross profit margin has improved significantly from 2023 to 2024, indicating better cost management and operational efficiency. Net profit margin and EBIT margin also show positive trends, reflecting increased profitability. However, revenue fluctuations in past years highlight potential market volatility.

Balance Sheet

The company's balance sheet reflects a solid equity position with an improving debt-to-equity ratio over the years, aided by reduced total debt levels. The equity ratio indicates strong financial stability, and return on equity has shown a positive trend, suggesting efficient use of equity capital. However, historical fluctuations in debt levels suggest potential risks if not managed carefully.

Cash Flow

Cash flow metrics are robust, with a strong free cash flow growth rate from 2023 to 2024. The operating cash flow to net income ratio indicates efficient cash generation relative to earnings. However, free cash flow has been volatile in previous years, indicating potential risks in cash flow stability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.43B	1.84B	580.96M	905.73M	280.64M	662.99M
Gross Profit	246.46M	234.16M	127.05M	102.79M	20.61M	13.01M
EBITDA	227.53M	218.11M	137.43M	71.78M	-6.08M	13.23M
Net Income	213.09M	195.00M	106.31M	80.84M	622.00K	-46.10M
Balance Sheet
Total Assets	1.53B	880.06M	990.86M	646.93M	592.67M	617.85M
Cash, Cash Equivalents and Short-Term Investments	787.58M	607.03M	180.43M	130.73M	120.63M	144.33M
Total Debt	2.46M	3.27M	186.63M	218.00M	230.00M	282.35M
Total Liabilities	840.53M	206.17M	530.58M	255.32M	258.02M	308.79M
Stockholders Equity	685.64M	673.88M	460.29M	391.61M	334.65M	309.07M
Cash Flow
Free Cash Flow	519.38M	139.32M	73.72M	7.25M	30.67M	277.68M
Operating Cash Flow	519.59M	139.95M	73.37M	7.47M	30.95M	277.95M
Investing Cash Flow	301.18M	300.76M	26.00M	25.23M	7.08M	39.28M
Financing Cash Flow	-170.44M	-13.12M	-48.33M	-17.71M	-61.88M	-275.61M

CNNC International Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 5.25
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2302, the sentiment is Positive. The current price of 5.25 is above the 20-day moving average (MA) of 5.13, below the 50-day MA of 5.63, and above the 200-day MA of 3.58, indicating a neutral trend. The MACD of -0.12 indicates Negative momentum. The RSI at 50.23 is Neutral, neither overbought nor oversold. The STOCH value of 80.55 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:2302.

CNNC International Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1184	76 Outperform	HK$2.83B	6.55	14.95%	8.79%	-0.06%	-6.11%
2166	72 Outperform	HK$879.63M	7.46	11.96%	6.67%	-5.58%	22.50%
2302	72 Outperform	€2.38B	11.16	39.81%	―	374.76%	136.10%
0400	66 Neutral	€5.14B	20.74	5.41%	―	33.59%	-15.98%
3991	65 Neutral	HK$2.93B	7.40	13.40%	4.39%	6.01%	9.76%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
0186	41 Neutral	HK$878.76M	800.00	-12.13%	―	-85.44%	-172.45%

CNNC International Limited Corporate Events

CNNC International’s Parent Company Lists on Shenzhen Stock Exchange

CNNC International Limited announced that its indirect holding parent company, China National Uranium Co., Ltd (CNUC), has been officially listed on the Shenzhen Stock Exchange. This strategic move is expected to enhance CNNC’s capital market influence, improve brand recognition, and support resource integration and strategic expansion, thereby benefiting CNNC’s operations and future development.

CNNC International Limited Announces Board of Directors and Roles

CNNC International Limited has announced the composition of its Board of Directors and their respective roles, highlighting the leadership structure within the company. This announcement underscores the company’s commitment to maintaining a robust governance framework, which is crucial for its strategic operations and stakeholder confidence.

CNNC International Announces Leadership Change with New Chairman Appointment

CNNC International Limited announced the resignation of Mr. Wang Cheng as Chairman and Non-Executive Director due to reaching the statutory retirement age, effective December 1, 2025. Mr. Li Feng, with a background in nuclear engineering and extensive experience in uranium mining, has been appointed as the new Chairman and Non-Executive Director. This leadership change is expected to bring new strategic direction to the company, leveraging Mr. Li’s expertise in enhancing production capacity and advancing global technical cooperation.