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 2024-04-22 pm EDT			5-day change	1st Jan Change
6.89 ^CNY	-5.75%		-3.91%	+22.16%

Apr. 16	Indices: The FTSE 100 awakens
Mar. 28	Chalco Posts 60% Jump in 2023 Profit as Revenue Falls 23%	MT

Summary

The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
The company presents an interesting fundamental situation from a short-term investment perspective.

Strengths

The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.
The company is one of the most undervalued, with an "enterprise value to sales" ratio at 0.55 for the 2024 fiscal year.
The company has a low valuation given the cash flows generated by its activity.
For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
For the last few months, EPS revisions have remained quite promising. Analysts now anticipate higher profitability levels than before.
Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
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.
The company does not generate enough profits, which is an alarming weak point.
For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.
The company's sales previsions for the coming years have been revised downwards, which foreshadows another slowdown in business.
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 analysts who cover the stock differ significantly. This implies difficulties in evaluating the company and its business.
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	+22.16%	14.96B		-
HINDALCO INDUSTRIES LIMITED	+3.48%	16.33B		A-
NORSK HYDRO ASA	-1.64%	12.46B		B
HENAN SHENHUO COAL INDUSTARY AND ELECTRICITY POWER CORPORATION LIMITED	+31.43%	6.86B		C-
ALCOA CORPORATION	+6.06%	6.47B		A-
INNER MONGOLIA DIAN TOU ENERGY CORPORATION LIMITED	+32.66%	5.86B		C+
EN+ GROUP INTERNATIONAL	-.--%	5.94B	-	B
NATIONAL ALUMINIUM COMPANY LIMITED	+42.48%	4.04B		B-
CONSTELLIUM SE	+6.86%	3.13B		B+
SHENZHEN KEDALI INDUSTRY CO., LTD.	+1.30%	3.19B		D+

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