Want to see HK:1618 full AI Analyst Report?
Top Page
Metallurgical Corporation of China Ltd. Class H
(1618)
Select Model
Select Model
Rating:42Neutral
Price Target:
HK$1.00
â–¼(-59.18% Downside)
Action:Reiterated
Date:10/31/26
The score is held down primarily by materially weakening profitability and a sharp increase in leverage, which reduce financial flexibility. Technicals also point to a persistent downtrend with bearish momentum. Cash flow strength and a solid dividend yield provide partial support, but the very high P/E limits the valuation case given the current earnings pressure.
Positive Factors
Positive Cash Generation
Positive operating and free cash flow provide an important financial support despite weak reported earnings. This cash generation can help fund ongoing projects, meet obligations, and preserve some internal financing capacity, although historical volatility and weaker conversion reduce its durability.
Negative Factors
Declining Revenue
Declining revenue indicates weaker current project activity or reduced business scale, making it harder to absorb fixed costs and sustain prior earnings levels. Continued top-line pressure could also limit the company’s ability to reinvest while weakening visibility into medium-term growth.
Read all positive and negative factors
Positive Factors
Negative Factors
Positive Cash Generation
Positive operating and free cash flow provide an important financial support despite weak reported earnings. This cash generation can help fund ongoing projects, meet obligations, and preserve some internal financing capacity, although historical volatility and weaker conversion reduce its durability.
Read all positive factors
Metallurgical Corporation of China Ltd. Class H (1618) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$55.37B
Dividend Yield4.89%
Average Volume (3M)6.34M
Price to Earnings (P/E)96.1
Beta (1Y)0.89
Revenue Growth-17.13%
EPS Growth-88.69%
CountryHK
Employees89,982
SectorIndustrials
Sector Strength72
IndustryEngineering & Construction
Share Statistics
EPS (TTM)-0.41
Shares Outstanding2,839,000,000
10 Day Avg. Volume5,413,350
30 Day Avg. Volume6,338,261
Financial Highlights & Ratios
PEG Ratio-0.07
Price to Book (P/B)0.05
Price to Sales (P/S)0.02
P/FCF Ratio0.83
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.26
Revenue Forecast (FY)HK$396.62B
Metallurgical Corporation of China Ltd. Class H Business Overview & Revenue Model
Company Description
Metallurgical Corporation of China Ltd. (MCC), through its various subsidiaries, conducts extensive operations both within China and globally across four primary business segments. Its Engineering Contracting division provides comprehensive engine...
Metallurgical Corporation of China Ltd. Class H Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
46
Neutral
Cash Flow
60
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 372.75B | 455.38B | 552.02B | 633.87B | 592.67B | 500.57B |
| Gross Profit | 37.17B | 45.93B | 53.48B | 61.41B | 57.15B | 53.14B |
| EBITDA | 7.56B | 13.23B | 17.01B | 20.34B | 21.88B | 19.61B |
| Net Income | 806.03M | 1.32B | 6.75B | 8.67B | 10.28B | 11.61B |
Balance Sheet | ||||||
| Total Assets | 786.85B | 839.49B | 808.02B | 661.60B | 585.38B | 543.47B |
| Cash, Cash Equivalents and Short-Term Investments | 58.82B | 77.77B | 52.56B | 44.44B | 45.66B | 41.83B |
| Total Debt | 164.17B | 65.98B | 78.59B | 66.19B | 62.88B | 60.54B |
| Total Liabilities | 655.18B | 655.93B | 625.68B | 493.61B | 423.48B | 392.08B |
| Stockholders Equity | 103.15B | 155.76B | 153.04B | 145.48B | 121.11B | 107.49B |
Cash Flow | ||||||
| Free Cash Flow | 7.94B | 9.05B | 985.05M | 1.30B | 13.84B | 14.09B |
| Operating Cash Flow | 14.09B | 15.32B | 7.85B | 5.89B | 18.15B | 17.64B |
| Investing Cash Flow | 48.22B | 23.71B | -9.58B | -6.72B | -6.56B | -12.57B |
| Financing Cash Flow | -53.76B | -12.69B | 11.06B | 1.16B | -9.67B | -16.24B |
Metallurgical Corporation of China Ltd. Class H Technical Analysis
Negative
2.45
Price Trends
1.35
Negative
1.40
Negative
1.56
Negative
Market Momentum
-0.02
Positive
34.03
Neutral
6.25
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1618, the sentiment is Negative. The current price of 2.45 is above the 20-day moving average (MA) of 1.30, above the 50-day MA of 1.35, and above the 200-day MA of 1.56, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 34.03 is Neutral, neither overbought nor oversold. The STOCH value of 6.25 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1618.
Metallurgical Corporation of China Ltd. Class H Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
67 Neutral | HK$45.85B | 5.36 | 10.83% | 7.08% | -14.20% | -12.79% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
50 Neutral | HK$100.39B | 9.10 | 3.68% | 6.58% | -5.33% | -38.33% | |
48 Neutral | HK$91.20B | 5.15 | 5.48% | 8.17% | -3.83% | -13.64% | |
46 Neutral | HK$12.63B | 47.41 | 6.12% | 0.40% | -5.74% | 187.89% | |
45 Neutral | HK$104.28B | 18.17 | 4.43% | 3.81% | -0.79% | -32.91% | |
42 Neutral | HK$55.37B | 96.09 | 0.42% | 4.89% | -17.13% | -88.69% |
* Industrials Sector Average
HK:1618
Metallurgical Corporation of China Ltd. Class H
1.27
-1.10
-46.41%
HK:1800
China Communications Construction Co
3.31
-1.49
-31.13%
HK:3311
China State Construction International Holdings
8.68
0.47
5.78%
HK:1186
China Railway Construction
4.22
-0.87
-17.08%
HK:3996
China Energy Engineering Corp. Ltd. Class H
0.94
-0.18
-16.22%
HK:2068
China Aluminum International Engineering Corporation Limited Class H
1.54
-1.03
-40.04%
Metallurgical Corporation of China Ltd. Class H Corporate Events
Metallurgical Corporation of China Sets 2026 Interim Dividend Payout at RMB1.14 Billion
Oct 30, 2026
Metallurgical Corporation of China Ltd. has approved a 2026 interim profit distribution, setting a cash dividend of RMB0.56 per 10 shares, excluding 322,739,507 repurchased A and H shares from eligibility. Based on an adjusted share base of 20.37 ...
Metallurgical Corporation of China Declares Interim Cash Dividend for 2026
Oct 30, 2026
Metallurgical Corporation of China Ltd., a Hong Kong-listed engineering and construction firm with a diversified board of executive, non-executive and independent directors, provides investors access to China’s metallurgical and infrastructu...
Metallurgical Corporation of China Issues Unaudited 2026 Third-Quarter Report
Oct 30, 2026
Metallurgical Corporation of China Ltd. has released its unaudited third quarterly report for 2026, prepared in accordance with Chinese Accounting Standards for Business Enterprises. The announcement, made under Hong Kong listing and securities re...
Metallurgical Corporation of China Reports Sharp Drop in 2026 Contract Signings
Oct 30, 2026
Metallurgical Corporation of China Ltd. reported a sharp contraction in newly signed contracts for the first nine months of 2026, highlighting pressure across key engineering and construction segments. Total contract value from January to Septembe...
MCC Board Sets Date to Approve Third-Quarter Results
Oct 16, 2026
Metallurgical Corporation of China Ltd. has scheduled a board meeting for 30 October 2026 to review and approve the publication of its third-quarter results for the period ended 30 September 2026. The upcoming disclosure of quarterly performance w...
Metallurgical Corporation of China Secures RMB519 Billion in New Contracts Through September 2026
Oct 14, 2026
Metallurgical Corporation of China Ltd. reported that the total value of newly signed contracts from January to September 2026 reached RMB519.17 billion, including RMB44.56 billion from overseas projects, underscoring robust demand for its enginee...
MCC Secures RMB478.79 Billion in New Contracts Through August 2026
Sep 15, 2026
Metallurgical Corporation of China Ltd. reported that newly signed contracts from January to August 2026 reached RMB478.79 billion, highlighting robust demand across its core engineering and construction businesses. Of this total, RMB41.02 billion...
MCC Profit Slides as Revenue and New Contracts Fall Amid Structural Industry Shift
Aug 28, 2026
Metallurgical Corporation of China reported a sharp year-on-year decline in interim 2026 results, with operating revenue down 25.94% to RMB175.91 billion and net profit falling 24.45% to RMB3.08 billion, while total assets slipped 3.89% and new co...
Metallurgical Corporation of China Sets Board Meeting to Approve Interim 2026 Results
Aug 17, 2026
Metallurgical Corporation of China Ltd. has scheduled a board meeting for 28 August 2026 to review and approve the interim results for the six months ended 30 June 2026. The company also plans to authorize the publication of these interim results,...
MCC Secures RMB447.46 Billion in New Contracts as Project Mix Shifts Toward Advanced Manufacturing and Energy
Aug 14, 2026
Metallurgical Corporation of China Ltd. reported that the value of newly signed contracts from January to July 2026 reached RMB447.46 billion, including RMB39.13 billion in overseas deals, underscoring strong order intake and continued expansion i...
MCC Shareholders Approve Board and Senior Management Changes at 2026 EGM
Aug 13, 2026
Metallurgical Corporation of China Ltd. held its 2026 third extraordinary general meeting in Beijing on 13 August 2026, with the meeting duly convened in compliance with PRC company law and the firm’s articles of association. Shareholders co...
Metallurgical Corporation of China Details Board and Committee Structure
Aug 13, 2026
Metallurgical Corporation of China Ltd. has announced the current composition of its board of directors, detailing executive, non-executive, independent non-executive, and employee representative roles, with Li Zhongze serving as chairman. The com...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.