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 2024-04-25 pm EDT			5-day change	1st Jan Change
7.53 ^CNY	+2.45%		+3.15%	+33.51%

Apr. 26	Chalco's Q1 Profit Rises 23% Despite 26% Fall in Revenue	MT
Apr. 25	Aluminum Corporation of China Limited Reports Earnings Results for the First Quarter Ended March 31, 2024	CI

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

The company's attractive earnings multiples are brought to light by a P/E ratio at 11.29 for the current year.
The stock, which is currently worth 2024 to 0.59 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 past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
Analysts remain confident with respect to the group's activity and, more often than not, have revised upwards their earnings per share estimates.
Analysts covering this company mostly recommend stock overweighting or purchase.
The average price target of analysts who are interested in the stock has been strongly revised upwards over the last four months.
Over the past twelve months, analysts' opinions have been strongly revised upwards.

Weaknesses

According to forecast, a sluggish sales growth is expected for the next fiscal years.
For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.
The sales outlook for the group was lowered in the last twelve months. This change in forecast points out a decline in activity as well as pessimistic analyses of the company.
Sales estimates for the next fiscal years vary from one analyst to another. This clearly highlights a lack of visibility into the company's future 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	+33.51%	16.39B		-
HINDALCO INDUSTRIES LIMITED	+5.64%	17.31B		A-
NORSK HYDRO ASA	+2.25%	12.7B		B
HENAN SHENHUO COAL INDUSTARY AND ELECTRICITY POWER CORPORATION LIMITED	+31.79%	6.87B		C-
EN+ GROUP INTERNATIONAL	-.--%	5.94B	-	B
INNER MONGOLIA DIAN TOU ENERGY CORPORATION LIMITED	+35.81%	5.99B		C+
NATIONAL ALUMINIUM COMPANY LIMITED	+43.16%	4.16B		B-
SHENZHEN KEDALI INDUSTRY CO., LTD.	+6.62%	3.36B		D+
CONSTELLIUM SE	+3.71%	3.04B		B+
ALUMINA LIMITED	+69.06%	2.89B	-	C

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