Earnings Alerts

Earnings Analysis: Aluminum Corporation Of China (2600) Reports Increase with 1Q Net Income at 2.23B Yuan

  • Chalco reported a net income of 2.23 billion yuan in the first quarter.
  • The company had a total revenue of 48.96 billion yuan during this period.
  • The earnings per share (EPS) stood at 13.0 RMB cents.
  • Chalco stock is currently recommended as a ‘buy’ by 11 analysts.
  • There are 2 ‘hold’ ratings for the stock from analysts.
  • 1 analyst has given a ‘sell’ rating to Chalco’s stock.

A look at Aluminum Corporation Of China Smart Scores

FactorScoreMagnitude
Value4
Dividend3
Growth4
Resilience2
Momentum5
OVERALL SMART SCORE3.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Aluminum Corporation of China Limited, also known as Chalco, is a key player in the production of alumina and primary aluminum in China. With a strong overall outlook based on Smartkarma Smart Scores, the company scores high in several important factors. Its value score of 4 suggests that it may be undervalued compared to its competitors, while a growth score of 4 indicates promising potential for expansion and development.

In addition, Aluminum Corporation of China demonstrates impressive momentum with a score of 5, reflecting a positive trend in its performance. However, the company’s resilience score of 2 suggests potential vulnerability in facing challenges. With a moderate dividend score of 3, investors may be attracted by a steady income stream. Overall, Aluminum Corporation of China shows promise for long-term growth and value creation in the aluminum industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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