Aluminum Corporation of China Limited (HKG:2600)

HKG:2600 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	240,829	234,001	222,137	287,461	295,151	182,659
Other Revenue	3,065	3,065	3,182	3,527	3,735	3,331
Revenue	243,894	237,066	225,319	290,988	298,885	185,991
Revenue Growth (YoY)	17.26%	5.21%	-22.57%	-2.64%	60.70%	-2.22%
Cost of Revenue	205,778	200,289	196,529	258,655	262,784	173,149
Gross Profit	38,116	36,777	28,791	32,333	36,101	12,842
Selling, General & Admin	5,907	5,797	4,728	4,397	4,828	3,333
Research & Development	2,855	3,064	3,729	4,805	2,417	1,434
Other Operating Expenses	2,228	2,200	2,075	2,860	2,486	1,525
Operating Expenses	10,966	11,016	10,336	12,059	10,058	6,631
Operating Income	27,150	25,761	18,455	20,274	26,043	6,211
Interest Expense	-2,616	-2,760	-3,326	-3,833	-4,510	-4,344
Interest & Investment Income	1,681	1,367	672.21	1,145	311.1	1,171
Currency Exchange Gain (Loss)	-241.66	-241.66	-13.22	-67.13	-22.21	-76.32
Other Non Operating Income (Expenses)	11.16	-16.71	-300.83	-656.07	-1,117	-758.48
EBT Excluding Unusual Items	25,984	24,108	15,487	16,864	20,705	2,203
Impairment of Goodwill	-	-	-	-15.5	-	-
Gain (Loss) on Sale of Investments	-24.8	20.15	-3.49	-16.93	-960.61	-10.39
Gain (Loss) on Sale of Assets	234.56	212.51	7.75	331.03	30.36	318.52
Asset Writedown	-2,314	-2,204	-589.91	-3,861	-5,295	-431.77
Legal Settlements	-194.52	-194.52	-77.06	-331.4	-118.41	-
Other Unusual Items	379.05	379.05	237.91	239.43	-178.35	110.17
Pretax Income	24,065	22,322	15,063	13,209	14,186	2,189
Income Tax Expense	3,258	2,940	2,507	2,365	2,870	590.02
Earnings From Continuing Operations	20,807	19,382	12,556	10,843	11,317	1,599
Minority Interest in Earnings	-7,097	-6,982	-5,867	-6,651	-5,557	-834.94
Net Income	13,710	12,400	6,689	4,192	5,759	764.31
Preferred Dividends & Other Adjustments	78.77	78.77	60.39	120.86	209.5	261.17
Net Income to Common	13,631	12,321	6,629	4,071	5,550	503.14
Net Income Growth	92.98%	85.38%	59.56%	-27.21%	653.55%	-10.41%
Shares Outstanding (Basic)	17,034	17,046	17,023	17,023	17,023	17,023
Shares Outstanding (Diluted)	17,053	17,066	17,023	17,023	17,023	17,023
Shares Change (YoY)	0.37%	0.25%	-	-	-	-
EPS (Basic)	0.80	0.72	0.39	0.24	0.33	0.03
EPS (Diluted)	0.80	0.72	0.39	0.24	0.33	0.03
EPS Growth	93.00%	85.60%	62.76%	-26.69%	1002.99%	-20.12%
Free Cash Flow	23,598	22,447	20,321	23,055	31,820	9,916
Free Cash Flow Per Share	1.38	1.31	1.19	1.35	1.87	0.58
Dividend Per Share	0.217	0.217	0.080	0.036	0.032	-
Dividend Growth	171.25%	171.25%	122.22%	13.21%	-	-
Gross Margin	15.63%	15.51%	12.78%	11.11%	12.08%	6.90%
Operating Margin	11.13%	10.87%	8.19%	6.97%	8.71%	3.34%
Profit Margin	5.59%	5.20%	2.94%	1.40%	1.86%	0.27%
Free Cash Flow Margin	9.68%	9.47%	9.02%	7.92%	10.65%	5.33%
EBITDA	38,004	36,405	28,261	29,997	35,912	14,022
EBITDA Margin	15.58%	15.36%	12.54%	10.31%	12.02%	7.54%
D&A For EBITDA	10,855	10,645	9,806	9,723	9,869	7,811
EBIT	27,150	25,761	18,455	20,274	26,043	6,211
EBIT Margin	11.13%	10.87%	8.19%	6.97%	8.71%	3.34%
Effective Tax Rate	13.54%	13.17%	16.64%	17.91%	20.23%	26.95%
Revenue as Reported	243,894	237,066	225,319	290,988	298,885	185,991

Updated Oct 29, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.