CHALCO(601600) 澎湃新闻·2025-03-26 14:43Core Viewpoint - China Aluminum's net profit increased by over 85% year-on-year, indicating strong financial performance and operational efficiency in the aluminum industry [2][3]. Financial Performance - The company's total revenue for the year reached 237.066 billion yuan, a year-on-year increase of 5.21% [2]. - Net profit attributable to shareholders was 12.4 billion yuan, reflecting an 85.38% increase compared to the previous year [2]. - Basic earnings per share rose to 0.723 yuan, up 85.86% year-on-year [2]. - Operating net cash flow was 32.807 billion yuan, a growth of 21.37% year-on-year [3]. - The asset-liability ratio decreased to 48.10%, the lowest level in nearly a decade [3]. Production and Operational Efficiency - The company reported significant increases in production across various segments, with electrolytic aluminum, alumina, and fine alumina production rising by 12.08%, 1.20%, and 7.75% respectively [3]. - The gross profit margin for alumina was 26.40%, up 15.55 percentage points year-on-year, while the margins for primary aluminum and energy decreased to 10.31% and 28.35%, down 2.85 and 10.75 percentage points respectively [3]. Strategic Initiatives - The company is focusing on optimizing resource industries and traditional sectors while enhancing its competitive advantages across the entire industry chain [3]. - Projects such as the Guangxi Huasheng Phase II and Inner Mongolia Huayun Phase III have been completed, contributing to the green and low-carbon development of the electrolytic aluminum industry [4]. - The company aims to establish a self-controlled mineral resource supply chain and is actively pursuing domestic and international mining rights [4][5]. Industry Position and Future Plans - China Aluminum is a leading player in the aluminum industry, with its production capacities for alumina, electrolytic aluminum, fine alumina, high-purity aluminum, aluminum anodes, and metal gallium ranking first globally [5]. - The company plans to accelerate the transformation and upgrading of traditional industries while fostering the growth of emerging sectors, particularly in renewable energy [5]. - The stock price as of March 26 was 7.68 yuan per share, with a total market capitalization of 131.755 billion yuan [5].