Subscribe

Aluminum Corporation of China Limited (601600.SS)

CNY8.98 +0.12 (+1.35%)
CN SHH Basic Materials Aluminum
Address No. 62 North Xizhimen Street 100082
Beijing, CN
CEO Wenjian He
IPO 2000-01-04
ISIN CNE1000000T0

Explore sections of this company profile

Also trades on Hong Kong Stock Exchange · 2600.HK (HKD) Other OTC · ACHHY (USD) Other OTC · ALMMF (USD) Shanghai Stock Exchange · 601600.SS (CNY) Vienna Stock Exchange · AOC.VI (EUR)
Description

Aluminum Corporation of China Limited (Chalco), along with its subsidiaries, specializes in the production and global distribution of alumina, primary aluminum, aluminum alloys, and carbon products. Its operations are structured into five key divisions: Alumina, Primary Aluminum, Trading, Energy, and Corporate & Other. The Alumina division oversees the mining and acquisition of bauxite and other essential raw materials, processing them into alumina for commercial sale, as well as manufacturing refined alumina, gallium, and various forms of alumina bauxite. The Primary Aluminum division is responsible for securing alumina, other raw and supplementary materials, and electrical power to produce and market aluminum and its derivatives, such as carbon, aluminum alloys, and other electrolytic aluminum products. The Trading division facilitates the commerce of alumina, primary aluminum, fabricated aluminum products, other non-ferrous metals, coal, and raw/supplemental materials, in addition to offering logistics and transportation solutions to external clients. The Energy division engages in coal mining, generates and supplies electricity from thermal, wind, and solar power sources to regional grids, and manufactures power-related equipment. The Corporate & Other division manages research and development initiatives and other activities related to the aluminum industry. Furthermore, Chalco is involved in the acquisition, development, and distribution of bauxite mines and limestone ore, provides engineering project management, and conducts international import and export operations. Incorporated in 2001, Aluminum Corporation of China Limited is headquartered in Beijing, People's Republic of China.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
Loading outlook…
Loading forecast...
Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
Loading risk profile…
Price Chart
Averages
Trend
Price
Levels
Draw
CNY8.98 +0.12 (+1.35%)
Loading historical data…
Volume Profile
Loading…
Liquidity & share structure
Average Volume
292M
Beta
1.50
Float Shares
11.29B
Free Float %
65.8%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+1.06% +1.51% -1.97% -16.76% +8.66% -6.55% +74.62% +109.16% +118.36% +186.93% -38.30%
Rolling Volatility
Loading…
Drawdown
Loading…
Relative Strength
Loading…
Monthly Returns Heatmap
From To
Loading…
Annual Monthly Returns
Loading…
Daily Returns Distribution
vs.
Loading histogram data…

Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (5 ratings, all time) Buy
Price Targets & DCF
Current price
8.98
DCF (Unlevered) 20.71 +130.6%
DCF (Levered) 34.28 +281.8%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 100% Bullish
Rating 2026-04 Change
Strong Buy 0 -2
Buy 1 -4
Hold 0 -3
Sell 0 -1
Strong Sell 0 -1
Quality scores
Altman Z-Score
3.12
Safe zone
Piotroski F-Score
7 / 9
Strong
MOAT Score
5 / 10
Developing
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
5 / 5
High
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
1 / 5
Low
P/E Score
3 / 5
Medium
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Aluminum: +10.4%
    +1.4% Q1'26: +4.9% (vs Q1'25)
  • EPS growth Aluminum: +10.9%
    +2.8% Q1'26: +52.4% (vs Q1'25)
  • FCF margin FCF growth · Aluminum: +58.0%
    +9.0% Q1'26: +16.2% (vs Q1'25)
  • EBIT margin Aluminum: +5.8%
    +12.5% Q1'26: +21.0% (vs Q1'25)
  • ROIC Aluminum: +5.5%
    +15.9% Q1'26: +26.0% (vs Q1'25)
  • Share dilution Aluminum: +0.0%
    -0.4% Q1'26: +0.4% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Aluminum: 0.90×
    1.68× Q1'26: 1.30× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.53) × ERP
WACC = 74% × Ke + 26% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 20.71 Current price: 8.98
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
6 Rev. Ana.
1 EPS Ana.
Dec 2027
12 Rev. Ana.
1 EPS Ana.
Dec 2028
6 Rev. Ana.
1 EPS Ana.
Revenue
123.48B
est: 131.68B (-6.2%)
144.23B
est: 118.45B (+21.8%)
181.02B
est: 175.04B (+3.4%)
180.24B
est: 183.88B (-2.0%)
190.22B
est: 182.78B (+4.1%)
185.99B
est: 180.81B (+2.9%)
298.89B
est: 241.30B (+23.9%)
290.99B
est: 286.37B (+1.6%)
225.32B
est: 293.48B (-23.2%)
237.07B
est: 238.98B (-0.8%)
240.42B
est: 235.17B (+2.2%)
258.25B
243.58B – 272.61B
+9.8% YoY
259.44B
225.72B – 292.26B
+0.5% YoY
261.99B
237.64B – 285.73B
+1.0% YoY
EBITDA
5.59B
est: 15.21B (-63.2%)
12.09B
est: 13.68B (-11.7%)
14.33B
est: 20.22B (-29.1%)
14.18B
est: 21.24B (-33.2%)
13.17B
est: 21.12B (-37.6%)
14.02B
est: 20.89B (-32.9%)
35.91B
est: 27.88B (+28.8%)
30.00B
est: 33.08B (-9.3%)
28.26B
est: 33.90B (-16.6%)
36.41B
est: 58.01B (-37.2%)
41.31B
est: 57.08B (-27.6%)
62.68B
59.12B – 66.17B
+9.8% YoY
62.97B
54.79B – 70.94B
+0.5% YoY
63.59B
57.68B – 69.35B
+1.0% YoY
EBIT
-1.70B
est: 10.03B (-116.9%)
5.17B
est: 9.02B (-42.7%)
7.39B
est: 13.33B (-44.5%)
6.25B
est: 14.00B (-55.3%)
5.54B
est: 13.92B (-60.2%)
6.21B
est: 13.77B (-54.9%)
26.04B
est: 18.38B (+41.7%)
20.27B
est: 21.81B (-7.0%)
18.45B
est: 22.35B (-17.4%)
25.76B
est: 42.92B (-40.0%)
30.12B
est: 42.23B (-28.7%)
46.38B
43.74B – 48.95B
+9.8% YoY
46.59B
40.53B – 52.48B
+0.5% YoY
47.05B
42.67B – 51.31B
+1.0% YoY
Net Income
148.62M
est: -3.94B (+103.8%)
368.41M
est: 454.67M (-19.0%)
1.41B
est: 2.33B (-39.3%)
831.21M
est: 2.04B (-59.2%)
853.10M
est: 1.19B (-28.2%)
764.31M
est: 973.82M (-21.5%)
5.76B
est: 6.68B (-13.8%)
4.19B
est: 5.54B (-24.4%)
6.69B
est: 6.36B (+5.2%)
12.40B
est: 12.48B (-0.6%)
12.67B
est: 14.23B (-11.0%)
21.96B
19.30B – 24.54B
+54.3% YoY
22.89B
20.12B – 25.59B
+4.3% YoY
23.92B
21.03B – 26.74B
+4.5% YoY
SGA
2.19B
est: 1.76B (+24.8%)
2.45B
est: 1.58B (+55.4%)
2.98B
est: 2.33B (+27.7%)
3.25B
est: 2.45B (+32.6%)
2.42B
est: 2.44B (-0.5%)
2.44B
est: 2.41B (+1.2%)
3.52B
est: 3.22B (+9.3%)
4.39B
est: 3.82B (+15.0%)
1.43B
est: 3.91B (-63.5%)
4.83B
est: 3.58B (+34.8%)
5.14B
est: 3.52B (+45.8%)
3.87B
3.65B – 4.08B
+9.8% YoY
3.89B
3.38B – 4.38B
+0.5% YoY
3.93B
3.56B – 4.28B
+1.0% YoY
EPS
0.01
est: -0.23 (+104.0%)
0.02
est: 0.03 (-24.5%)
0.09
est: 0.14 (-35.5%)
0.05
est: 0.12 (-60.3%)
0.04
est: 0.07 (-46.2%)
0.03
est: 0.06 (-47.8%)
0.33
est: 0.39 (-15.1%)
0.24
est: 0.32 (-25.7%)
0.39
est: 0.37 (+5.4%)
0.72
est: 0.73 (-1.2%)
0.74
est: 0.83 (-11.0%)
1.28
1.13 – 1.43
+54.3% YoY
1.34
1.18 – 1.50
+4.3% YoY
1.40
1.23 – 1.56
+4.5% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 A- 4/5 5/5 5/5 5/5 1/5 3/5 2/5
2026-05-28 A- 4/5 5/5 5/5 5/5 1/5 3/5 2/5
2026-05-27 A- 4/5 5/5 5/5 5/5 1/5 3/5 2/5
2026-05-26 A- 4/5 5/5 5/5 5/5 1/5 3/5 2/5
2026-05-25 A- 4/5 5/5 5/5 5/5 1/5 3/5 2/5
2026-05-22 A- 4/5 5/5 5/5 5/5 1/5 3/5 2/5
2026-05-21 A- 4/5 5/5 5/5 5/5 1/5 3/5 2/5
2026-05-20 A- 4/5 5/5 5/5 5/5 1/5 3/5 2/5
2026-05-19 A- 4/5 5/5 5/5 5/5 1/5 3/5 2/5
2026-05-18 A- 4/5 5/5 5/5 5/5 1/5 3/5 2/5
2026-05-15 A- 4/5 5/5 5/5 5/5 1/5 3/5 2/5
2026-05-14 A- 4/5 5/5 5/5 5/5 1/5 3/5 2/5
2026-05-13 A- 4/5 5/5 5/5 5/5 1/5 3/5 2/5
2026-05-12 A- 4/5 5/5 5/5 5/5 1/5 3/5 2/5
2026-05-11 A- 4/5 5/5 5/5 5/5 1/5 3/5 2/5
2026-05-08 A- 4/5 5/5 5/5 5/5 1/5 3/5 2/5
2026-05-07 A- 4/5 5/5 5/5 5/5 1/5 3/5 2/5
2026-05-06 A- 4/5 5/5 5/5 5/5 1/5 3/5 2/5
2026-04-30 A- 4/5 5/5 5/5 5/5 1/5 3/5 2/5
2026-04-29 A- 4/5 5/5 5/5 5/5 1/5 3/5 2/5
2026-04-28 A- 4/5 5/5 5/5 5/5 1/5 3/5 2/5
2026-04-27 A- 4/5 5/5 5/5 5/5 1/5 3/5 2/5
2026-04-24 A- 4/5 5/5 5/5 5/5 1/5 3/5 2/5
2026-04-23 A- 4/5 5/5 5/5 5/5 1/5 2/5 2/5
2026-04-22 A- 4/5 5/5 5/5 5/5 1/5 2/5 2/5
2026-04-21 A- 4/5 5/5 5/5 5/5 1/5 2/5 2/5
2026-04-20 A- 4/5 5/5 5/5 5/5 1/5 2/5 2/5
2026-04-17 A- 4/5 5/5 5/5 5/5 1/5 2/5 2/5
2026-04-16 A- 4/5 5/5 5/5 5/5 1/5 2/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
30.35B
OE per share TTM
1.77
Owner's Yield
15.53%
Maintenance CapEx ratio
2.67%
Maint CapEx / Avg PPE
48.4%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 111 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Samsung KODEX China CSI300 ETF 283580.KS 0.32% 633.0K 0.12%
2 Xtrackers Harvest CSI 300 China A-Shares ETF ASHR 0.25% 3.40M 0.65%
3 Xtrackers Harvest CSI300 UCITS ETF 1D ASHR.L 0.25% 780.2K 0.65%
4 HSBC MSCI China A UCITS ETF HMCT.L 0.23% 305.2K 0.30%
5 Xtrackers Harvest CSI A500 UCITS ETF 1D AH50.L 0.22% 35.4K 0.65%
6 iShares MSCI China A UCITS ETF CNYA.L 0.22% 6.68M 0.40%
7 iShares MSCI China A UCITS ETF CNYE.MI 0.22% 220.4K 0.45%
8 Xtrackers MSCI China A UCITS ETF 1C XX2D.L 0.22% 297.3K 0.35%
9 iShares MSCI China A ETF CNYA 0.22% 501.1K 0.60%
10 Amundi MSCI China A UCITS ETF Acc CNAA.L 0.21% 289.6K 0.35%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
477.1K
Shares Outstanding
17.15B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Wenjian He Executive Chairman 2M male
Shiqing Mao Executive Director 2M male
Feng Xu Deputy General Manager male
Lidong Gao Accounting Supervisor male
Dan Zhu Joint Company Secretary, CFO & Secretary to the Board female
Ruizhong Zhang GM & Executive Director male
Tsz Chow Joint Company Secretary male
Minghong Liang General Legal Counsel & Chief Compliance Officer male
Dong Lu Deputy General Manager male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

Share your view on this stock and instantly see how the community has voted over the last 6 months.

These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits