

Core Insights - China Aluminum (601600.SH) reported a total operating revenue of 116.39 billion yuan for the first half of 2025, ranking second among disclosed peers, with a year-on-year increase of 5.12% [1] - The net profit attributable to shareholders reached 7.07 billion yuan, ranking third among peers, with a slight year-on-year increase of 0.81% [1] - The net cash flow from operating activities was 14.27 billion yuan, ranking second among peers, reflecting a year-on-year increase of 5.30% [1] Financial Metrics - The latest debt-to-asset ratio is 46.88%, ranking 20th among peers, down 1.05 percentage points from the previous quarter and down 3.09 percentage points year-on-year [3] - The latest gross profit margin is 16.76%, ranking 13th among peers, with a quarter-on-quarter increase of 0.90 percentage points [3] - The return on equity (ROE) stands at 9.73%, ranking 8th among peers [3] - The diluted earnings per share (EPS) is 0.41 yuan, ranking 14th among peers, with a year-on-year increase of 0.98% [3] - The total asset turnover ratio is 0.53 times, ranking 23rd among peers, with a year-on-year increase of 1.70% [3] - The inventory turnover ratio is 3.86 times, ranking 20th among peers, with a year-on-year increase of 1.01% [3] Shareholder Structure - The number of shareholders is 366,900, with the top ten shareholders holding 11.23 billion shares, accounting for 65.49% of the total share capital [3] - The largest shareholder is China Aluminum Group Co., Ltd., holding 30.52% [3] - Other significant shareholders include Hong Kong Central Clearing Limited (H shares) at 22.94% and Hong Kong Central Clearing Limited (A shares) at 3.17% [3]