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
We Think Aluminum Corporation of China (HKG:2600) Can Stay On Top Of Its Debt
Oct 01
Here's Why Aluminum Corporation of China (HKG:2600) Can Manage Its Debt Responsibly
Sep 02Aluminum 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 06Recent updates
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 28Here'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¥60.6B) 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).