Aluminum Corporation of China Balance Sheet Health
Financial Health criteria checks 5/6
Aluminum of China has a total shareholder equity of CN¥103.4B and total debt of CN¥64.2B, which brings its debt-to-equity ratio to 62.1%. Its total assets and total liabilities are CN¥213.6B and CN¥110.3B respectively. Aluminum of China's EBIT is CN¥19.7B making its interest coverage ratio 7.8. It has cash and short-term investments of CN¥22.4B.
Key information
62.1%
Debt to equity ratio
CN¥64.15b
Debt
| Interest coverage ratio | 7.8x |
| Cash | CN¥22.41b |
| Equity | CN¥103.36b |
| Total liabilities | CN¥110.25b |
| Total assets | CN¥213.62b |
Recent financial health updates
Here's Why Aluminum Corporation of China (HKG:2600) Can Manage Its Debt Responsibly
Sep 02
Aluminum Corporation of China (HKG:2600) Seems To Use Debt Quite Sensibly
May 31Aluminum Corporation of China (HKG:2600) Seems To Use Debt Quite Sensibly
Mar 02Aluminum Corporation of China (HKG:2600) Has A Pretty Healthy Balance Sheet
Dec 02Does Aluminum Corporation of China (HKG:2600) Have A Healthy Balance Sheet?
Aug 06Here's Why Aluminum Corporation of China (HKG:2600) Has A Meaningful Debt Burden
May 04Recent updates
Here's Why Aluminum Corporation of China (HKG:2600) Can Manage Its Debt Responsibly
Sep 02Aluminum Corporation of China (HKG:2600) Is Experiencing Growth In Returns On Capital
Jul 25Is Now The Time To Put Aluminum Corporation of China (HKG:2600) On Your Watchlist?
Jun 19Aluminum Corporation of China (HKG:2600) Seems To Use Debt Quite Sensibly
May 31Investors Will Want Aluminum Corporation of China's (HKG:2600) Growth In ROCE To Persist
Apr 09Aluminum Corporation of China (HKG:2600) Seems To Use Debt Quite Sensibly
Mar 02Here's Why I Think Aluminum Corporation of China (HKG:2600) Might Deserve Your Attention Today
Feb 12Aluminum Corporation of China (HKG:2600) Is Doing The Right Things To Multiply Its Share Price
Dec 19Aluminum Corporation of China (HKG:2600) Has A Pretty Healthy Balance Sheet
Dec 02With EPS Growth And More, Aluminum Corporation of China (HKG:2600) Is Interesting
Oct 27Aluminum Corporation of China (HKG:2600) Is Looking To Continue Growing Its Returns On Capital
Sep 16Does Aluminum Corporation of China (HKG:2600) Have A Healthy Balance Sheet?
Aug 06Aluminum Corporation of China's (HKG:2600) Returns On Capital Are Heading Higher
Jun 10Here's Why Aluminum Corporation of China (HKG:2600) Has A Meaningful Debt Burden
May 04Does Aluminum Corporation of China (HKG:2600) Have The Makings Of A Multi-Bagger?
Mar 03Does Aluminum Corporation of China's (HKG:2600) Statutory Profit Adequately Reflect Its Underlying Profit?
Feb 13
Is Aluminum Corporation of China (HKG:2600) Using Too Much Debt?
Jan 26What Is The Ownership Structure Like For Aluminum Corporation of China Limited (HKG:2600)?
Jan 08A Look At Aluminum Corporation of China's (HKG:2600) Share Price Returns
Dec 21Calculating The Fair Value Of Aluminum Corporation of China Limited (HKG:2600)
Dec 03Financial Position Analysis
Short Term Liabilities: 2600's short term assets (CN¥60.2B) exceed its short term liabilities (CN¥53.3B).
Long Term Liabilities: 2600's short term assets (CN¥60.2B) exceed its long term liabilities (CN¥57.0B).
Debt to Equity History and Analysis
Debt Level: 2600's net debt to equity ratio (40.4%) is considered high.
Reducing Debt: 2600's debt to equity ratio has reduced from 151% to 62.1% over the past 5 years.
Debt Coverage: 2600's debt is well covered by operating cash flow (41.6%).
Interest Coverage: 2600's interest payments on its debt are well covered by EBIT (7.8x coverage).