Aluminum Corporation of China Limited

Aluminum Corporation of China Limited

ALMMF
Aluminum Corporation of China LimitedUS flagOther OTC
0.99
USD
- -
- -
16.98BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
12.78
10.51
8.31
7.83
11.15
9.11
8.25
7.3
16.92
16.59
13.1
13.81
14.08
10.74
Basic EPS, GAAP
0.07
-1.2
0.01
0.02
0.09
0.04
0.04
0.03
0.33
0.24
0.39
0.72
0.74
0.63
Free Cash Flow per Basic Share
-0.11
0.37
-0.15
0.25
0.22
0.32
0.15
0.39
1.79
1.3
1.18
1.31
1.45
-0.36
Dividend per Share
0.51
0.5
0.41
0.28
0.32
0.28
0.19
0.14
0.24
0.22
0.2
0.27
0.33
0.15
Book Value per Share
1.84
0.64
0.68
0.56
0.7
0.61
0.65
0.59
1.35
1.56
1.92
2.45
2.91
3.23
Tangible Book Value per Share
2.96
1.88
2.56
2.27
3.16
2.55
2.27
2.36
4.34
4.29
5.01
5.77
6.39
6.52
Basic Weighted Avg Shares
13,541
13,507
14,862
18,421
16,242
19,791
23,057
25,477
17,667
17,540
17,196
17,167
17,127
17,112
Sales/Revenue/Turnover
173,038
142,000
123,475
144,229
181,020
180,241
190,215
185,991
298,885
290,988
225,319
237,109
241,125
183,712
Operating Margin (%)
-0.68
-3.05
-0.18
3.47
4.22
4.74
3.61
4.26
9
7.36
8.24
11.09
12.81
15.52
Depreciation Expense
7,315
7,341
7,291
6,922
6,936
7,926
8,542
8,413
10,362
10,774
10,785
11,649
10,792
- -
Net Income, GAAP
948
-16,208
149
368
1,413
831
853
764
5,759
4,192
6,689
12,394
12,674
10,862
Effective Tax Rate (%)
31.86
- -
- -
24.86
21.11
34.4
29.65
26.95
20.23
17.91
16.64
13.18
16.7
15.97
Profit Margin (%)
0.55
-11.41
0.12
0.26
0.78
0.46
0.45
0.41
1.93
1.44
2.97
5.23
5.26
5.91
Working Capital
-33,672
-40,826
-17,345
-16,693
-21,844
-16,116
-20,502
-16,364
-7,806
-7,831
-283
12,826
18,860
28,777
LT Debt
46,295
43,609
48,822
42,639
36,798
60,956
59,244
57,518
69,675
58,597
50,516
52,059
44,653
43,420
Total Equity
53,702
39,654
51,894
55,787
65,603
67,670
70,757
71,305
89,698
87,754
99,029
112,054
122,572
132,366
Return on Invested Capital (%)
-0.53
- -
- -
2.55
3.98
3.39
2.92
3.64
12.44
9.9
8.89
12.93
14.07
12.63
Return on Capital (%)
4.14
- -
- -
2.59
3.44
2.42
2.63
2.6
2.49
0.47
2.46
5.29
3.73
2.32
Return on Common Equity (%)
3.89
-96.73
1.58
3.61
13.02
7.05
6.31
5.09
29.49
16.35
22.18
33.04
27.61
21.47

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
18,938
15,293
LT Borrowings
- -
36,210
35,000
LT Finance Leases
- -
8,443
8,420
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
17,156
17,155
Market Capitalization
116,707
187,268
180,651

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
71,641
79,447
Cash, Cash Equivalents & STI
- -
33,647
36,863
Accounts Receivable, Net
- -
5,172
7,859
Inventories
- -
- -
24,497
Total Current Liabilities
- -
52,782
50,669
Payables & Accruals
- -
- -
- -
ST Debt
- -
18,938
15,293
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.26%
11.8%
9.39%
Free Cash Flow
8.84%
40.22%
10.73%
Net Income, GAAP
115.59%
154.69%
2.25%
Sales/Revenue/Turnover
8.76%
8.48%
1.69%
Total Cash Common Dividend
0.68%
10.39%
19.31%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
48,956
61,762
63,060
63,288
237,109
2025
55,789
60,609
- -
64,609
241,125
2026
58,494
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.13
- -
- -
- -
0.72
2025
0.21
- -
- -
- -
0.74
2026
0.32
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
- -
- -
- -
0.27
2025
0.01
- -
- -
- -
0.33
2026
0.03
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Wenjian He
Full Time Employees
63,133
Sector
Basic Materials
Industry
Aluminum
Address
No. 62 North Xizhimen Street Beijing People's Republic of China 100082
IPO Date
May 31, 2006
Business
Aluminum Corporation of China Limited (Chalco) is a leading producer of alumina and primary aluminum, operating as the principal listed subsidiary of state-owned Aluminum Corporation of China (Chinalco); the company engages in bauxite mining, alumina refining, primary aluminum smelting, aluminum fabrication, energy generation, trading, and engineering services across China and international markets including Peru and Guinea. Founded in 2001 and headquartered at No. 62 North Xizhimen Street, Haidian District, Beijing, China, Chalco produces a comprehensive range of products encompassing alumina; primary aluminum ingots and alloys; fabricated aluminum items such as plates, strips, foils, tubes, bars, profiles, forgings, die castings, and aluminum-lithium alloys for sectors including aviation, transportation, packaging, electronics, and construction; carbon products; fabricated copper products; as well as rare metals and rare earth materials. Its operations span key segments of alumina refining from bauxite procurement; primary aluminum production via smelting with raw materials like alumina and power; energy activities in coal mining and power generation including hydropower; trading of non-ferrous metals and fuels; and corporate research initiatives, primarily serving domestic Chinese industries in construction, transport, and manufacturing while exporting globally. Chalco maintains substantial production capacities exceeding 7 million tons of primary aluminum annually, around 10 million tons of alumina, and 20 million tons of bauxite processing, supported by facilities in provinces such as Yunnan, Shanxi, Shandong, and Henan. In early 2024, the company commissioned a 400,000-tonne-per-year green aluminum smelter in Yunnan Province powered entirely by hydropower, replacing coal-fired capacity as part of China's decarbonization efforts. Recent developments include a November 2025 extraordinary general meeting to approve connected transactions with parent Chinalco covering logistics, production supplies, mineral supply, social services, and financial services, reinforcing operational continuity; a November 2025 acquisition by subsidiary Yunnan Aluminum of equity stakes in Yun铝Yongxin, Yun铝Runxin, and Yun铝Hongxin to consolidate aluminum assets, boost profitability, and eliminate intra-group competition; and an October 2025 joint venture with Chinalco, Yunnan Copper, and partners in copper operations. Chalco also advances international projects such as the Toromocho copper mine in Peru targeting 250,000 tons annually plus byproducts and participation in Guinea's Simandou iron ore consortium with Rio Tinto for long-term resource security. The company, listed on the Shanghai (601600) and Hong Kong (2600) exchanges with OTC ticker ALMMF, trades as a blue-chip constituent and upholds a market capitalization around HK$180 billion amid analyst buy ratings.