Metallurgical Corporation of China Ltd.

Metallurgical Corporation of China Ltd.

MLLUY
Metallurgical Corporation of China Ltd.US flagOther OTC
3.56
USD
- -
- -
5.43BMarket Cap
Metallurgical Corporation of China Ltd.
MLLUY
(Other OTC)

Recent

price

3.56

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
217.64
238.67
229.29
217.59
228.58
217.25
204.21
209.32
236.3
277.08
325.7
418.39
519.07
482.51
392.79
13.78
321.18
Revenue per Share
5.6
4.4
-7.2
3.2
4.2
4.8
5
5.2
5.2
5.4
6.4
7
9
6.6
4.8
0.04
0.47
Basic EPS, GAAP
-38.1
-23.52
-1.34
17.99
12.93
12
14.36
12.3
6.9
11.02
19.77
11.78
12.12
0.99
0.7
0.27
-5.74
Free Cash Flow per Basic Share
4.67
7.68
9.85
8.52
9.24
7.9
6.53
5.56
6.99
6.95
5.87
5.48
5.65
4.87
5.21
0.2
3.01
Dividend per Share
2.35
2.52
2.16
2.33
2.48
3.17
3.69
3.97
4.05
4.73
4.72
5.19
5.84
7.02
7.38
7.52
7.59
Book Value per Share
1.34
1.46
1.33
1.52
1.68
2.4
2.93
3.22
3.26
4.03
3.94
4.24
4.85
6
5.84
6.23
6.28
Tangible Book Value per Share
950
964
964
932
944
1,000
1,075
1,166
1,225
1,222
1,228
1,196
1,142
1,314
1,405
33,044
1,020
Basic Weighted Avg Shares
206,792
230,178
221,120
202,690
215,786
217,324
219,558
244,000
289,535
338,638
400,115
500,572
592,669
633,870
552,025
455,380
327,751
Sales/Revenue/Turnover
5.21
4.19
3.74
5.32
5.37
5.21
5.83
6.17
5.66
4.76
4.53
4.29
3.85
3.91
3.73
3.36
3.32
Operating Margin (%)
2,093
2,623
2,821
3,111
3,238
3,004
2,976
2,916
2,859
3,322
3,537
3,457
3,859
3,936
4,389
4,567
- -
Depreciation Expense
5,321
4,243
-6,943
2,981
3,965
4,802
5,376
6,061
6,372
6,600
7,862
8,375
10,276
8,670
6,746
1,322
476
Net Income, GAAP
27.55
39.68
- -
41.89
35.25
30.72
21.94
25.21
20.51
22.54
21.27
17.16
15.99
17.14
14.59
49.65
63.52
Effective Tax Rate (%)
2.57
1.84
-3.14
1.47
1.84
2.21
2.45
2.48
2.2
1.95
1.96
1.67
1.73
1.37
1.22
0.29
0.15
Profit Margin (%)
40,829
26,314
29,911
20,909
29,522
40,084
46,751
41,922
42,378
41,512
57,462
53,426
52,361
35,316
26,137
33,220
36,830
Working Capital
52,675
52,485
57,065
42,224
43,276
30,232
31,693
30,557
32,508
29,182
26,658
25,922
30,710
37,970
44,734
43,857
51,670
LT Debt
53,513
58,175
52,835
55,065
58,025
71,155
83,108
97,049
102,669
116,906
140,355
151,388
161,918
167,991
182,336
183,559
185,927
Total Equity
6
3.57
- -
3.91
4.95
5.29
6.29
6.52
7.15
6.57
7.29
8.86
9.25
9.36
7.32
3.14
1.34
Return on Invested Capital (%)
5.58
4.58
- -
3.65
4.38
4.92
4.54
4.26
4.57
4.42
4.06
3.3
4.52
3.49
3.27
0.73
0.42
Return on Capital (%)
12.71
9.11
-15.54
6.95
8.63
8.9
8.2
7.93
7.67
7.26
8.03
8.16
8.99
6.5
4.52
0.86
0.32
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
36,666
40,552
LT Borrowings
- -
43,447
51,273
LT Finance Leases
- -
410
397
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
20,724
20,724
20,724
Market Capitalization
869,203
784,239
613,429

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
639,635
618,890
Cash, Cash Equivalents & STI
- -
77,767
84,532
Accounts Receivable, Net
- -
243,437
229,211
Inventories
- -
15,687
19,347
Total Current Liabilities
- -
606,415
582,060
Payables & Accruals
- -
- -
- -
ST Debt
- -
36,666
40,552
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.11%
5.56%
0.67%
Free Cash Flow
77.99%
131.96%
818.23%
Net Income, GAAP
-3.65%
-17.8%
-80.41%
Sales/Revenue/Turnover
8.6%
4.01%
-17.51%
Total Cash Common Dividend
-1.05%
-1.55%
-10.7%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
149,949
148,892
113,776
139,407
552,025
2025
122,272
115,260
- -
120,287
455,380
2026
92,204
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.4
- -
- -
- -
4.8
2025
1.6
- -
- -
- -
0.04
2026
1.6
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.34
- -
- -
- -
5.21
2025
1.82
- -
- -
- -
0.2
2026
1.01
- -
- -
- -
- -
Business
Metallurgical Corporation of China Ltd. Metallurgical Corporation of China Ltd. (MLLUY) is a leading state-owned engineering and construction conglomerate affiliated with China Minmetals Corporation, primarily engaged in metallurgical engineering contracting, resource development, equipment manufacturing, property development, and related specialty businesses across China and international markets. Founded with roots tracing back to 1948 and formally established in its current form in 2008 through the restructuring of China Metallurgical Group Corporation, the company is headquartered in Beijing, People's Republic of China, and operates through segments including engineering contracting that encompasses metallurgical projects, housing construction, municipal infrastructure, rail transit, and urban renewal; resource development involving the mining, smelting, and processing of iron ore, lead, zinc, vanadium, copper, nonferrous metals, and polysilicon in regions such as Liaoning, Inner Mongolia, Sichuan, and Hunan; equipment manufacturing focused on specialized metallurgical equipment like rolling mills, continuous casting machines, electric furnaces, steel structures, and other metal products supplied to major steel enterprises including Baosteel and overseas clients in Japan and Germany; property development featuring residential, commercial, and land projects; and specialties in mineral resources, inspection and testing, new energy materials, and water/environmental protection services. MCC maintains a diversified structure of "One Core, Two Pillars and Five Specialties," with metallurgical construction as the core, building construction and municipal infrastructure as pillars, and the aforementioned specialties supporting its operations in over 50 countries via more than 130 overseas branches, particularly along the Belt and Road Initiative in Southeast Asia, South Asia, the Middle East, and the Commonwealth of Independent States, where it owns seven overseas mines with three operational. In recent developments, the company reports newly signed contracts totaling RMB 1,248.30 billion for 2024, reflecting a 12.4% decline from 2023 but a sharp 47.8% increase in overseas contracts to RMB 93.24 billion, underscoring intensified global expansion; notable 2024 project awards include the RMB 42.30 billion EPC general contracting for the Advanced Electromechanical Equipment and Logistics Industrial Park Phase I in Chongqing, the RMB 40.60 billion EPCC for a 2.4 MTPA alumina refinery in Indonesia, and the RMB 15.80 billion EPC for low-carbon blast furnace upgrades at Fushun New Steel, alongside ongoing strategic mergers such as the 2015 integration with China Minmetals and a push toward digitalized management, industrialized production, and high-quality development under its "One Goal, Two Bests, and Five Strengths" vision.

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