Aluminum Corporation of China Limited

SEHK:2600 Stock Report

Market Cap: HK$131.8b

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 ratio7.8x
CashCN¥22.41b
EquityCN¥103.36b
Total liabilitiesCN¥110.25b
Total assetsCN¥213.62b

Recent financial health updates

Recent updates

Here's Why Aluminum Corporation of China (HKG:2600) Can Manage Its Debt Responsibly

Sep 02
Here's Why Aluminum Corporation of China (HKG:2600) Can Manage Its Debt Responsibly

Aluminum Corporation of China (HKG:2600) Is Experiencing Growth In Returns On Capital

Jul 25
Aluminum Corporation of China (HKG:2600) Is Experiencing Growth In Returns On Capital

Is Now The Time To Put Aluminum Corporation of China (HKG:2600) On Your Watchlist?

Jun 19
Is Now The Time To Put Aluminum Corporation of China (HKG:2600) On Your Watchlist?

Aluminum Corporation of China (HKG:2600) Seems To Use Debt Quite Sensibly

May 31
Aluminum Corporation of China (HKG:2600) Seems To Use Debt Quite Sensibly

Investors Will Want Aluminum Corporation of China's (HKG:2600) Growth In ROCE To Persist

Apr 09
Investors Will Want Aluminum Corporation of China's (HKG:2600) Growth In ROCE To Persist

Aluminum Corporation of China (HKG:2600) Seems To Use Debt Quite Sensibly

Mar 02
Aluminum Corporation of China (HKG:2600) Seems To Use Debt Quite Sensibly

Here's Why I Think Aluminum Corporation of China (HKG:2600) Might Deserve Your Attention Today

Feb 12
Here's Why I Think Aluminum Corporation of China (HKG:2600) Might Deserve Your Attention Today

Aluminum Corporation of China (HKG:2600) Is Doing The Right Things To Multiply Its Share Price

Dec 19
Aluminum Corporation of China (HKG:2600) Is Doing The Right Things To Multiply Its Share Price

Aluminum Corporation of China (HKG:2600) Has A Pretty Healthy Balance Sheet

Dec 02
Aluminum Corporation of China (HKG:2600) Has A Pretty Healthy Balance Sheet

With EPS Growth And More, Aluminum Corporation of China (HKG:2600) Is Interesting

Oct 27
With EPS Growth And More, Aluminum Corporation of China (HKG:2600) Is Interesting

Aluminum Corporation of China (HKG:2600) Is Looking To Continue Growing Its Returns On Capital

Sep 16
Aluminum Corporation of China (HKG:2600) Is Looking To Continue Growing Its Returns On Capital

Does Aluminum Corporation of China (HKG:2600) Have A Healthy Balance Sheet?

Aug 06
Does Aluminum Corporation of China (HKG:2600) Have A Healthy Balance Sheet?

Aluminum Corporation of China's (HKG:2600) Returns On Capital Are Heading Higher

Jun 10
Aluminum Corporation of China's (HKG:2600) Returns On Capital Are Heading Higher

Here's Why Aluminum Corporation of China (HKG:2600) Has A Meaningful Debt Burden

May 04
Here's Why Aluminum Corporation of China (HKG:2600) Has A Meaningful Debt Burden

Does Aluminum Corporation of China (HKG:2600) Have The Makings Of A Multi-Bagger?

Mar 03
Does Aluminum Corporation of China (HKG:2600) Have The Makings Of A Multi-Bagger?

Does Aluminum Corporation of China's (HKG:2600) Statutory Profit Adequately Reflect Its Underlying Profit?

Feb 13
Does Aluminum Corporation of China's (HKG:2600) Statutory Profit Adequately Reflect Its Underlying Profit?

Is Aluminum Corporation of China (HKG:2600) Using Too Much Debt?

Jan 26
Is Aluminum Corporation of China (HKG:2600) Using Too Much Debt?

What Is The Ownership Structure Like For Aluminum Corporation of China Limited (HKG:2600)?

Jan 08
What Is The Ownership Structure Like For Aluminum Corporation of China Limited (HKG:2600)?

A Look At Aluminum Corporation of China's (HKG:2600) Share Price Returns

Dec 21
A Look At Aluminum Corporation of China's (HKG:2600) Share Price Returns

Calculating The Fair Value Of Aluminum Corporation of China Limited (HKG:2600)

Dec 03
Calculating The Fair Value Of Aluminum Corporation of China Limited (HKG:2600)

Financial 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).


Balance Sheet


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