#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.
0.43HKD
7.36 BHKD
248.70 BHKD
3.77 B
About ALUMINUM CORP OF CHINA(CHALCO)
Sector
Industry
Headquarters
Beijing
Website
Employees (FY)
64.5 K
Founded
2001
ISIN
CNE1000001T8
FIGI
BBG000CN0Y73
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 2600 is 5.06 HKD — it has decreased by 0.39% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on HKEX exchange ALUMINUM CORP OF CHINA(CHALCO) stocks are traded under the ticker 2600.
ALUMINUM CORP OF CHINA(CHALCO) is going to release the next earnings report on Aug 20, 2024. Keep track of upcoming events with our Earnings Calendar.
2600 stock is 3.61% volatile and has beta coefficient of 1.39. Check out the list of the most volatile stocks — is ALUMINUM CORP OF CHINA(CHALCO) there?
One year price forecast for ALUMINUM CORP OF CHINA(CHALCO) has a max estimate of 7.88 HKD and a min estimate of 3.60 HKD.
2600 earnings for the last quarter are 0.21 HKD whereas the estimation was 0.23 HKD which accounts for −5.71% surprise. Estimated earnings for the next quarter are 0.17 HKD. See more details about ALUMINUM CORP OF CHINA(CHALCO) earnings.
ALUMINUM CORP OF CHINA(CHALCO) revenue for the last quarter amounts to 144.88 B HKD despite the estimated figure of 167.39 B HKD. In the next quarter revenue is expected to reach 147.92 B HKD.
Yes, you can track ALUMINUM CORP OF CHINA(CHALCO) financials in yearly and quarterly reports right on TradingView.
2600 stock has fallen by 2.88% compared to the previous week, the month change is a 14.48% rise, over the last year ALUMINUM CORP OF CHINA(CHALCO) has showed a 7.43% increase.
2600 net income for the last quarter is 3.55 B HKD, while the quarter before that showed 3.81 B HKD of net income which accounts for −6.78% change. Track more ALUMINUM CORP OF CHINA(CHALCO) financial stats to get the full picture.
Today ALUMINUM CORP OF CHINA(CHALCO) has the market capitalization of 86.46 B, it has increased by 1.63% over the last week.
Yes, 2600 dividends are paid annually. The last dividend per share was 0.04 HKD. As of today, Dividend Yield (TTM)% is 0.78%. Tracking ALUMINUM CORP OF CHINA(CHALCO) dividends might help you take more informed decisions.
ALUMINUM CORP OF CHINA(CHALCO) dividend yield was 2.26% in 2023, and payout ratio reached 18.50%. The year before the numbers were 1.33% and 14.15% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
Like other stocks, 2600 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 CORP OF CHINA(CHALCO) stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 19, 2024, the company has 64.50 K employees. See our rating of the largest employees — is ALUMINUM CORP OF CHINA(CHALCO) 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 CORP OF CHINA(CHALCO) 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 CORP OF CHINA(CHALCO) stock shows the strong buy signal. See more of ALUMINUM CORP OF CHINA(CHALCO) 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 CORP OF CHINA(CHALCO) future price: according to them, 2600 price has a max estimate of 7.88 HKD and a min estimate of 3.60 HKD. Read a more detailed ALUMINUM CORP OF CHINA(CHALCO) forecast: see what analysts think of ALUMINUM CORP OF CHINA(CHALCO) 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 CORP OF CHINA(CHALCO) EBITDA is 31.37 B HKD, and current EBITDA margin is 12.63%. See more stats in ALUMINUM CORP OF CHINA(CHALCO) financial statements.