Aluminum Corporation of China Limited

PINK:ALMMF USA Aluminum
Market Cap
$2.38 Billion
Market Cap Rank
#2177 Global
#1556 in USA
Share Price
$0.60
Change (1 day)
+0.53%
52-Week Range
$0.60 - $0.68
All Time High
$0.84
Categories
Companies in USA Aluminum
About

Aluminum Corporation of China Limited, together with its subsidiaries, primarily engages in the exploration and mining of bauxite, coal, and other resources in the People's Republic of China and internationally. The company operates through five segments: Alumina, Primary Aluminum, Energy, Trading, and Corporate and Other Operating. The Alumina segment mines for and purchases bauxite and other ra… Read more

Aluminum Corporation of China Limited (ALMMF) - Net Assets

Latest net assets as of June 2025: $120.84 Billion USD

Based on the latest financial reports, Aluminum Corporation of China Limited (ALMMF) has net assets worth $120.84 Billion USD as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($227.49 Billion) and total liabilities ($106.65 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets $120.84 Billion
% of Total Assets 53.12%
Annual Growth Rate 9.29%
5-Year Change 57.42%
10-Year Change 122.76%
Growth Volatility 15.8

Aluminum Corporation of China Limited - Net Assets Trend (2001–2024)

This chart illustrates how Aluminum Corporation of China Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Aluminum Corporation of China Limited (2001–2024)

The table below shows the annual net assets of Aluminum Corporation of China Limited from 2001 to 2024.

Year Net Assets Change
2024-12-31 $112.04 Billion +13.30%
2023-12-31 $98.89 Billion +12.69%
2022-12-31 $87.76 Billion +20.57%
2021-12-31 $72.78 Billion +2.26%
2020-12-31 $71.17 Billion +0.63%
2019-12-31 $70.73 Billion +4.52%
2018-12-31 $67.67 Billion +3.29%
2017-12-31 $65.51 Billion +17.86%
2016-12-31 $55.59 Billion +10.52%
2015-12-31 $50.30 Billion +26.92%
2014-12-31 $39.63 Billion -26.21%
2013-12-31 $53.70 Billion -0.13%
2012-12-31 $53.77 Billion -7.54%
2011-12-31 $58.15 Billion +1.69%
2010-12-31 $57.19 Billion +2.89%
2009-12-31 $55.58 Billion -7.67%
2008-12-31 $60.20 Billion -1.49%
2007-12-31 $61.10 Billion +28.03%
2006-12-31 $47.73 Billion +39.49%
2005-12-31 $34.22 Billion +20.50%
2004-12-31 $28.40 Billion +46.41%
2003-12-31 $19.39 Billion +21.53%
2002-12-31 $15.96 Billion +9.86%
2001-12-31 $14.53 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Aluminum Corporation of China Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 2488398900000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings $24.88 Billion 35.96%
Common Stock $17.16 Billion 24.80%
Other Components $27.15 Billion 39.24%
Total Equity $69.19 Billion 100.00%

Aluminum Corporation of China Limited Competitors by Market Cap

The table below lists competitors of Aluminum Corporation of China Limited ranked by their market capitalization.

Company Market Cap
Ganfeng Lithium Co Ltd
PINK:GNENF
 		$7.01 Billion
Millicom International Cellular SA
NASDAQ:TIGO
 		$7.01 Billion
Hudbay Minerals Inc.
NYSE:HBM
 		$7.01 Billion
Endesa S.A
PINK:ELEZF
 		$7.01 Billion
Unity Software Inc
NYSE:U
 		$6.99 Billion
Hanwha Systems Co Ltd
KO:272210
 		$6.99 Billion
Venture Global, Inc.
NYSE:VG
 		$6.99 Billion
Canadian Western Bank
PINK:CWESF
 		$6.98 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Aluminum Corporation of China Limited's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 60,598,030,000 to 69,191,321,000, a change of 8,593,291,000 (14.2%).
  • Net income of 12,400,160,000 contributed positively to equity growth.
  • Dividend payments of 4,716,618,000 reduced retained earnings.
  • Share repurchases of 5,102,000 reduced equity.
  • Other comprehensive income decreased equity by 3,590,101,000.
  • Other factors increased equity by 4,504,952,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income $12.40 Billion +17.92%
Dividends Paid $4.72 Billion -6.82%
Share Repurchases $5.10 Million -0.01%
Other Comprehensive Income $-3.59 Billion -5.19%
Other Changes $4.50 Billion +6.51%
Total Change $- 14.18%

Book Value vs Market Value Analysis

This analysis compares Aluminum Corporation of China Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 0.15x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
  • The price-to-book ratio has decreased from 0.95x to 0.15x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2000-12-31 $0.64 $0.60 x
2001-12-31 $1.74 $0.60 x
2002-12-31 $1.44 $0.60 x
2003-12-31 $1.79 $0.60 x
2004-12-31 $2.45 $0.60 x
2005-12-31 $2.90 $0.60 x
2006-12-31 $3.86 $0.60 x
2007-12-31 $4.64 $0.60 x
2008-12-31 $4.07 $0.60 x
2009-12-31 $3.73 $0.60 x
2010-12-31 $3.81 $0.60 x
2011-12-31 $3.83 $0.60 x
2012-12-31 $3.24 $0.60 x
2013-12-31 $3.28 $0.60 x
2014-12-31 $2.09 $0.60 x
2015-12-31 $2.72 $0.60 x
2016-12-31 $2.56 $0.60 x
2017-12-31 $2.65 $0.60 x
2018-12-31 $3.11 $0.60 x
2019-12-31 $3.21 $0.60 x
2020-12-31 $3.19 $0.60 x
2021-12-31 $3.36 $0.60 x
2022-12-31 $3.20 $0.60 x
2023-12-31 $3.56 $0.60 x
2024-12-31 $4.03 $0.60 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Aluminum Corporation of China Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 17.92%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 5.23%
  • • Asset Turnover: 1.10x
  • • Equity Multiplier: 3.12x
  • Recent ROE (17.92%) is above the historical average (6.05%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2000 50.20% 13.81% 0.78x 4.64x $2.02 Billion
2001 11.27% 31.06% 0.15x 2.37x $178.47 Million
2002 8.85% 8.19% 0.53x 2.06x $-177.74 Million
2003 17.97% 14.49% 0.66x 1.87x $1.49 Billion
2004 22.29% 18.73% 0.66x 1.80x $3.34 Billion
2005 21.51% 18.92% 0.63x 1.81x $3.76 Billion
2006 26.56% 18.97% 0.79x 1.76x $7.32 Billion
2007 17.68% 13.45% 0.81x 1.63x $4.46 Billion
2008 0.02% 0.01% 0.57x 2.46x $-5.49 Billion
2009 -9.16% -6.57% 0.52x 2.66x $-9.66 Billion
2010 1.51% 0.64% 0.86x 2.74x $-4.38 Billion
2011 0.46% 0.16% 0.93x 3.03x $-4.94 Billion
2012 -18.80% -5.51% 0.85x 4.00x $-12.61 Billion
2013 2.14% 0.56% 0.85x 4.50x $-3.49 Billion
2014 -57.32% -11.43% 0.74x 6.81x $-19.04 Billion
2015 0.38% 0.12% 0.65x 4.87x $-3.74 Billion
2016 0.97% 0.26% 0.76x 4.99x $-3.44 Billion
2017 3.49% 0.77% 0.90x 5.07x $-2.57 Billion
2018 1.59% 0.46% 0.90x 3.83x $-4.41 Billion
2019 1.56% 0.45% 0.94x 3.72x $-4.61 Billion
2020 1.41% 0.41% 0.95x 3.59x $-4.67 Billion
2021 10.06% 1.93% 1.55x 3.36x $32.95 Million
2022 7.71% 1.44% 1.37x 3.90x $-1.25 Billion
2023 11.08% 2.98% 1.06x 3.49x $657.14 Million
2024 17.92% 5.23% 1.10x 3.12x $5.48 Billion

Industry Comparison

This section compares Aluminum Corporation of China Limited's net assets metrics with peer companies in the Aluminum industry.

Industry Context

  • Industry: Aluminum
  • Average net assets among peers: $13,189,553,165
  • Average return on equity (ROE) among peers: -15.08%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Aluminum Corporation of China Limited (ALMMF) $120.84 Billion 50.20% 0.88x $7.01 Billion
Alcoa Corp (AA) $5.84 Billion -11.14% 1.42x $10.77 Billion
Aerofoam Metals Inc (AFML) $-360.00K 0.00% 0.00x $0.99
Century Aluminum Company (CENX) $344.10 Million -12.53% 4.37x $3.12 Billion
China Hongqiao Group Limited (CHHQY) $36.24 Billion 10.07% 1.94x $44.45 Billion
Constellium Nv (CSTM) $802.57 Million 38.38% 5.57x $2.93 Billion
Orbite Technologies Inc (EORBF) $79.06 Million 0.00% 0.08x $135.68K
Kaiser Aluminum Corporation (KALU) $133.50 Million -80.00% 19.21x $1.82 Billion
Mansfelder Metals Ltd (MNSF) $1.17 Million -79.28% 1.62x $0.94
Norsk Hydro ASA (NHYKF) $75.26 Billion -1.22% 0.55x $5.63 Billion