#2600: expects a technical reboundHi Everybody
Expects a technical rebound on #2600, aims for the BLUE LINES, and stops if closes below the RED line.
0.39CNY
6.66 BCNY
222.48 BCNY
6.79 B
About ALUMINUM CORPORATION OF CHINA LIMITED
Sector
Industry
Headquarters
Beijing
Website
Employees (FY)
64.5 K
Founded
2001
ISIN
CNE1000000T0
FIGI
BBG000HDDG66
Aluminum Corp. of China Ltd. engages in the exploration and mining of bauxite, coal, and other resources. It also produces, sells, and offers technical development of alumina, primary aluminum, aluminum alloy, and carbon products. It operates through the following business segments: Alumina, Primary Aluminum, Energy, Trading, and Corporate and Other. The Alumina segment includes the mining and purchasing of bauxite and other raw materials, and production and sale of alumina. The Primary Aluminum segment refers to the procurement of alumina, other raw materials, supplemental materials, and electrical power. The Energy segment focuses on coal mining and power generation. The Trading segment is involved in the trading of alumina, primary aluminum, other non-ferrous metal products, and crude fuels. The Corporate and Other segment relates to corporate and other aluminum-related research, development, and other activities of the group. The company was founded on September 10, 2001 and is headquartered in Beijing, China.
Aluminum Corporation of China - aluminum will be in demand? One of the largest producers of aluminum. The company's shares are trading near their multi-year lows. Rising commodity prices, the growth of the Chinese economy as a whole, and the switch to electric cars could be good drivers for the company in the long term.
The position can be gained from curr
2600 Chalco HKSE An Elliott wave and head and shoulder buy Analysis based on Elliott wave, trend analysis, , support & resistance, and head & shoulders.
Buy from 2,15-2,5. TP @5,5-6
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Frequently Asked Questions
The current price of 601600 is 7.08 CNY — it has increased by 2.76% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on SSE exchange ALUMINUM CORPORATION OF CHINA LIMITED stocks are traded under the ticker 601600.
ALUMINUM CORPORATION OF CHINA LIMITED is going to release the next earnings report on Apr 25, 2024. Keep track of upcoming events with our Earnings Calendar.
601600 stock is 3.21% volatile and has beta coefficient of 1.36. Check out the list of the most volatile stocks — is ALUMINUM CORPORATION OF CHINA LIMITED there?
601600 earnings for the last quarter are 0.11 CNY per share, whereas the estimation was 0.09 CNY resulting in a 26.65% surprise. The estimated earnings for the next quarter are 0.04 CNY per share. See more details about ALUMINUM CORPORATION OF CHINA LIMITED earnings.
ALUMINUM CORPORATION OF CHINA LIMITED revenue for the last quarter amounts to 54.34 B CNY despite the estimated figure of 71.65 B CNY. In the next quarter revenue is expected to reach 94.79 B CNY.
Yes, you can track ALUMINUM CORPORATION OF CHINA LIMITED financials in yearly and quarterly reports right on TradingView.
601600 stock has fallen by 1.39% compared to the previous week, the month change is a 2.61% rise, over the last year ALUMINUM CORPORATION OF CHINA LIMITED has showed a 13.83% increase.
601600 net income for the last quarter is 1.36 B CNY, while the quarter before that showed 1.94 B CNY of net income which accounts for −29.51% change. Track more ALUMINUM CORPORATION OF CHINA LIMITED financial stats to get the full picture.
Today ALUMINUM CORPORATION OF CHINA LIMITED has the market capitalization of 117.29 B, it has increased by 1.47% over the last week.
Yes, 601600 dividends are paid annually. The last dividend per share was 0.04 CNY. As of today, Dividend Yield (TTM)% is 0.52%. Tracking ALUMINUM CORPORATION OF CHINA LIMITED dividends might help you take more informed decisions.
ALUMINUM CORPORATION OF CHINA LIMITED dividend yield was 1.28% in 2023, and payout ratio reached 18.52%. The year before the numbers were 0.76% and 14.16% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
Like other stocks, 601600 shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade ALUMINUM CORPORATION OF CHINA LIMITED stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 24, 2024, the company has 64.50 K employees. See our rating of the largest employees — is ALUMINUM CORPORATION OF CHINA LIMITED on this list?
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So ALUMINUM CORPORATION OF CHINA LIMITED technincal analysis shows the buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating ALUMINUM CORPORATION OF CHINA LIMITED stock shows the buy signal. See more of ALUMINUM CORPORATION OF CHINA LIMITED technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
We've gathered analysts' opinions on ALUMINUM CORPORATION OF CHINA LIMITED future price: according to them, 601600 price has a max estimate of 9.00 CNY and a min estimate of 4.70 CNY. Read a more detailed ALUMINUM CORPORATION OF CHINA LIMITED forecast: see what analysts think of ALUMINUM CORPORATION OF CHINA LIMITED and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. ALUMINUM CORPORATION OF CHINA LIMITED EBITDA is 28.30 B CNY, and current EBITDA margin is 13.17%. See more stats in ALUMINUM CORPORATION OF CHINA LIMITED financial statements.