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2600 Stock Chart & Stats
HK$12.89
HK$0.21(4.84%)
At close: 4:00 PM EST
HK$12.89
HK$0.21(4.84%)
Day’s Range― - ―
52-Week RangeHK$6.00 - HK$15.55
Previous CloseN/A
Volume43.75M
Average Volume (3M)56.02M
Market Cap
HK$159.01B
Enterprise ValueHK$279.87K
Total Cash (Recent Filing)HK$36.86B
Total Debt (Recent Filing)HK$47.65B
Price to Earnings (P/E)10.8
Beta1.42
Next Earnings
Aug 28, 2026EPS Estimate
0.39Next Dividend Ex-DateN/A
Dividend Yield3.81%
Share Statistics
EPS (TTM)1.07
Shares Outstanding3,943,966,000
10 Day Avg. Volume58,058,802
30 Day Avg. Volume56,022,630
Financial Highlights & Ratios
PEG Ratio0.00
Price to Book (P/B)2.49
Price to Sales (P/S)0.80
P/FCF Ratio9.46
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$12.55Price Target Upside-2.64% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering7
EPS Forecast (FY)1.23
Revenue Forecast (FY)HK$260.14B
Bulls Say, Bears Say
Bulls Say
Free Cash Flow StrengthChalco's TTM operating cash flow (~33.9B) and free cash flow (~26.0B) provide durable internal financing for capex, working capital, dividends and debt reduction. Strong FCF cushions cyclic revenue swings, supports near-term strategic investments, and enhances financial flexibility over the next several months.
Improved Profitability And MarginsExpanded gross margin (~20.1%), net margin (~6.0%) and EBIT margin (~13.5%) reflect meaningful operating improvement. Sustained higher margins indicate better cost control or pricing power, improving earnings resilience through commodity cycles and enabling reinvestment or stronger shareholder returns over the medium term.
Substantially Lower LeverageLeverage has declined materially to a TTM debt-to-equity of ~0.36 while ROE is healthy (~19.4%). Lower leverage reduces refinancing and interest-rate risk, increases strategic optionality for capex or dividends, and strengthens balance-sheet resilience to withstand industry downturns in the coming months.
Bears Say
Revenue Cyclicality And VolatilityRevenue declines in 2022–2023 and flat performance in 2025 demonstrate persistent cyclicality in demand for aluminum products. This top-line volatility can quickly erode margins and cash generation in downturns, complicating capital planning for energy- and capital-intensive smelting and mining operations.
Commodity Price ExposureEarnings and cash flow depend heavily on aluminum and alumina price cycles and key input costs like electricity. This structural exposure to commodity and energy-price swings limits earnings predictability, making multi-quarter planning and stable returns more challenging absent hedging or structural cost advantages.
Meaningful Absolute Debt LoadDespite improved ratios, the company retains a significant absolute debt burden. In a severe commodity downturn or funding stress, that stock of debt could constrain liquidity, force asset sales or capex cuts, and limit the company's ability to pursue opportunistic M&A or expand capacity over the medium term.
Aluminum of China News
2600 FAQ
What was Aluminum Corporation of China Limited Class H’s price range in the past 12 months?
Aluminum Corporation of China Limited Class H lowest stock price was HK$6.00 and its highest was HK$15.55 in the past 12 months.
What is Aluminum Corporation of China Limited Class H’s market cap?
Aluminum Corporation of China Limited Class H’s market cap is HK$159.01B.
When is Aluminum Corporation of China Limited Class H’s upcoming earnings report date?
Aluminum Corporation of China Limited Class H’s upcoming earnings report date is Aug 28, 2026 which is in 37 days.
How were Aluminum Corporation of China Limited Class H’s earnings last quarter?
Aluminum Corporation of China Limited Class H released its earnings results on Apr 23, 2026. The company reported HK$0.373 earnings per share for the quarter, missing the consensus estimate of HK$0.397 by -HK$0.024.
Is Aluminum Corporation of China Limited Class H overvalued?
According to Wall Street analysts Aluminum Corporation of China Limited Class H’s price is currently Overvalued.
Does Aluminum Corporation of China Limited Class H pay dividends?
Aluminum Corporation of China Limited Class H pays a Quarterly dividend of HK$0.169 which represents an annual dividend yield of 3.81%. See more information on Aluminum Corporation of China Limited Class H dividends here
What is Aluminum Corporation of China Limited Class H’s EPS estimate?
Aluminum Corporation of China Limited Class H’s EPS estimate is 0.39.
How many shares outstanding does Aluminum Corporation of China Limited Class H have?
Aluminum Corporation of China Limited Class H has 3,943,966,000 shares outstanding.
What happened to Aluminum Corporation of China Limited Class H’s price movement after its last earnings report?
Aluminum Corporation of China Limited Class H reported an EPS of HK$0.373 in its last earnings report, missing expectations of HK$0.397. Following the earnings report the stock price went down -3.185%.
Which hedge fund is a major shareholder of Aluminum Corporation of China Limited Class H?
Currently, no hedge funds are holding shares in HK:2600
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Aluminum of China Stock Smart Score
Outperform
1
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5
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9
10
Analyst Consensus
Moderate Buy
Average Price Target:
HK$12.55 (-2.64% Downside)
HK$12.55 (-2.64% Downside)
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
55.88%
12-Months-Change
Fundamentals
Return on Equity
3.81%
Trailing 12-Months
Asset Growth
8.30%
Trailing 12-Months
Company Description
Aluminum Corporation of China Limited Class H
Aluminum Corporation of China Limited (Chalco), established in Beijing in 2001, is a prominent industrial entity specializing in the manufacturing and global distribution of alumina, primary aluminum, aluminum alloys, and carbon products. The company's diverse operations are structured across five key segments. Its Alumina division is dedicated to sourcing bauxite through mining and procurement, subsequently refining it into a variety of alumina products, which include specialized forms, gallium, and advanced bauxite derivatives. The Primary Aluminum segment handles the acquisition of alumina, other raw materials, and essential electrical power to produce and supply primary aluminum, alongside related products like carbon, aluminum alloys, and electrolytic aluminum items. Through its Trading arm, Chalco facilitates the commerce of aluminum products, other non-ferrous metals, and coal, while also extending logistics and transportation solutions. The Energy segment manages coal extraction, generates and sells electricity to regional power grids utilizing thermal, wind, and solar sources, and manufactures power-related equipment. The Corporate and Other Operating segment focuses on research and development initiatives and a spectrum of additional activities pertinent to the aluminum industry. Furthermore, Chalco is involved in the acquisition and management of bauxite and limestone deposits, offers expertise in engineering project management, and conducts international import and export trade.
2600 Stock 12 Month Forecast
Average Price Target
HK$12.55
▼(-2.64% Downside)
Technical Analysis
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