Aluminum Corporation of China Balance Sheet Health
Financial Health criteria checks 6/6
Aluminum of China has a total shareholder equity of CN¥110.0B and total debt of CN¥55.7B, which brings its debt-to-equity ratio to 50.6%. Its total assets and total liabilities are CN¥214.3B and CN¥104.3B respectively. Aluminum of China's EBIT is CN¥24.1B making its interest coverage ratio 12.6. It has cash and short-term investments of CN¥23.0B.
Key information
50.6%
Debt to equity ratio
CN¥55.67b
Debt
| Interest coverage ratio | 12.6x |
| Cash | CN¥22.96b |
| Equity | CN¥109.96b |
| Total liabilities | CN¥104.29b |
| Total assets | CN¥214.25b |
Recent financial health updates
Recent updates
Investors Will Want Aluminum Corporation of China's (HKG:2600) Growth In ROCE To Persist
Dec 06
Aluminum Corporation of China Limited (HKG:2600) Just Released Its Third-Quarter Earnings: Here's What Analysts Think
Oct 31Subdued Growth No Barrier To Aluminum Corporation of China Limited (HKG:2600) With Shares Advancing 33%
Oct 16We Think Aluminum Corporation of China (HKG:2600) Can Stay On Top Of Its Debt
Oct 01Is Now The Time To Put Aluminum Corporation of China (HKG:2600) On Your Watchlist?
Sep 16Pinning Down Aluminum Corporation of China Limited's (HKG:2600) P/E Is Difficult Right Now
Aug 28Financial Position Analysis
Short Term Liabilities: 2600's short term assets (CN¥60.6B) exceed its short term liabilities (CN¥52.6B).
Long Term Liabilities: 2600's short term assets (CN¥60.6B) exceed its long term liabilities (CN¥51.6B).
Debt to Equity History and Analysis
Debt Level: 2600's net debt to equity ratio (29.7%) is considered satisfactory.
Reducing Debt: 2600's debt to equity ratio has reduced from 141.4% to 50.6% over the past 5 years.
Debt Coverage: 2600's debt is well covered by operating cash flow (54.4%).
Interest Coverage: 2600's interest payments on its debt are well covered by EBIT (12.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 22:37 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Aluminum Corporation of China Limited is covered by 57 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ephrem Ravi | Barclays |
| Kunal Agrawal | BNP Paribas Securities (Asia) |
| Chi Kit Tsui | BOCI Research Ltd. |