Aluminum Corporation of China Limited (2600.HK) stock analysis

In our weekly check, Aluminum Corporation of China Limited is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 17 pass, warnings: 5, red flags: 3.

About Aluminum Corporation of China Limited

Aluminum Corporation of China Limited is a Basic Materials company (Aluminum) based in China, listed on HKSE as 2600.HK.

What our checks show for 2600.HK

Red flags

• Analysts expect revenue to shrink about 13.6% a year.
• The price swings a lot: 52.2% annual volatility. Expect large ups and downs.
• The stock has fallen as much as 94% from a peak. Would you have held through that?

Warning signs

• Analysts expect earnings per share to shrink about 6.4% a year.
• Analysts expect the net margin to shrink by 1.5 points from today's 7.9%.
• The net margin is only 7.9%: little room if costs rise.
• The stock is still below its previous peak.
• Beta 1.56: the stock usually moves more than the market, both up and down.

Strengths

• Debt is low: 0.72x equity.
• Operating profit covers interest 21.7 times over.
• The net margin rose by 5.9 points over 5 years, to 7.9%.
• The gross margin is 23.6% and has risen by 11.5 points: pricing power is holding.
• Operating cash flow is 2.3x net profit: the profit arrives as real cash.
• Earnings per share grew 77% a year over the last 3 years.

Similar companies

NHY.OL · 1378.HK · 8869.KL · NATIONALUM.NS

Questions

What grade does Aluminum Corporation of China Limited (2600.HK) have?

In our weekly check, Aluminum Corporation of China Limited is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 17 pass, warnings: 5, red flags: 3. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of 2600.HK stock?

This week's biggest flags for Aluminum Corporation of China Limited: Weak revenue forecast, Very volatile, Deep past fall. In total 8 of 25 checks show a warning or a red flag.

What does Aluminum Corporation of China Limited do?

Aluminum Corporation of China Limited is a Basic Materials company (Aluminum) based in China, listed on HKSE as 2600.HK.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-31

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