Earnings Alerts

Aluminum Corporation Of China (2600) Earnings: Chalco Reports 1H Net Income of 7.02 Billion Yuan

  • Chalco reported a net income of 7.02 billion yuan in the first half of 2024.
  • Total revenue for Chalco reached 110.72 billion yuan during this period.
  • Analyst recommendations for Chalco include 13 buy ratings, 2 hold ratings, and 1 sell rating.

A look at Aluminum Corporation Of China Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth4
Resilience2
Momentum5
OVERALL SMART SCORE3.8

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 leading producer of alumina and primary aluminum in China. The company’s Smartkarma Smart Scores indicate a positive long-term outlook across multiple factors. With strong scores in Value, Dividend, and Growth, Aluminum Corporation of China demonstrates solid fundamentals and potential for future growth.

Although the company’s Resilience score is lower, indicating some level of vulnerability, its Momentum score is high, suggesting strong market momentum. Overall, Aluminum Corporation of China appears well-positioned for long-term success based on its Smartkarma Smart Scores, with a stable financial performance and growth prospects 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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