Ratings Aluminum Corporation of China Limited Shanghai S.E.

Equities

601600

CNE1000000T0

End-of-day quote Shanghai S.E. Other stock markets 06:00:00 2024-07-15 pm EDT			5-day change	1st Jan Change
7.91 ^CNY	-1.74%		-1.86%	+40.25%

Jul. 12	Chalco Shares Rise After Positive Profit Alert	DJ
Jul. 11	Chalco's H1 Profit to Rise Up to 114%	MT

Summary

The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
Overall, and from a short-term perspective, the company presents an interesting fundamental situation.

Strengths

Its low valuation, with P/E ratio at 8.95 and 9.2 for the ongoing fiscal year and 2025 respectively, makes the stock pretty attractive with regard to earnings multiples.
The stock, which is currently worth 2024 to 0.55 times its sales, is clearly overvalued in comparison with peers.
The company has a low valuation given the cash flows generated by its activity.
For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
For several months, analysts have been revising their EPS estimates roughly upwards.
Analysts covering this company mostly recommend stock overweighting or purchase.
Over the past four months, analysts' average price target has been revised upwards significantly.
Consensus analysts have strongly revised their opinion of the company over the past 12 months.

Weaknesses

According to forecast, a sluggish sales growth is expected for the next fiscal years.
For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.
The company's sales previsions for the coming years have been revised downwards, which foreshadows another slowdown in business.
Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.
The price targets of various analysts who make up the consensus differ significantly. This reflects different assessments and/or a difficulty in valuing the company.
Financial statements have repeatedly disappointed market stakeholders. Most often, they were below expectations.

Ratings chart - Surperformance

Sector: Aluminum

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
ALUMINUM CORPORATION OF CHINA LIMITED	+40.25%	17.45B		-
HINDALCO INDUSTRIES LIMITED	+12.32%	18.62B		A-
NORSK HYDRO ASA	-3.86%	12.29B		B
ALCOA CORPORATION	+13.71%	7.06B		A-
INNER MONGOLIA DIAN TOU ENERGY CORPORATION LIMITED	+46.25%	6.52B		C+
HENAN SHENHUO COAL INDUSTRY AND ELECTRICITY POWER CO. LTD	+17.50%	6.4B		C-
EN+ GROUP INTERNATIONAL	-.--%	5.94B	-	B
NATIONAL ALUMINIUM COMPANY LIMITED	+51.45%	4.37B		B-
ALUMINA LIMITED	+80.94%	3.25B	-	C
SHENZHEN KEDALI INDUSTRY CO., LTD.	-3.10%	2.9B		D+

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes