Profile: Aluminum Corporation of China

Aluminum Corporation of China Ltd (NYSE: ACH, SHA: 601600, HKG: 2600), commonly known Chinalco, is the nation's largest producer of the metal. It is engaged in the mining of bauxite and the manufacture and distribution of alumina, primary aluminum and aluminum fabrication products. It was incorporated in Beijing, listed in Hong Kong and New York in 2001 and listed in Shanghai in 2007.

The company posted ¥120.99 billion in revenues and ¥778.01 million in net profits for 2010; revenue was up 72.2% and the profit was compared to ¥4.62 billion in losses in the year before. It credited the turnaround to increased prices of its major products and effective cost control. As of the end of 2010, it had 108,256 employees and ¥141.32 billion in assets with a 59.53% debt ratio.

Revenue breakdown by major products 2010, ¥ million
Product            Revenue    Gross margin     Growth
Alumina              26,109        12.15%        63.89%
Primary al           52,507          6.17%        24.18%
Al processing        9,243           2.23%        42.40%
Trade                 89,246          1.00%       134.20%
Total                118,374          6.46%         72.67%

Revenue breakdown by region 2010, ¥ million
Region             Revenue      Growth
Domestic      118,374.12      72.72%
Overseas                0.23     -98.97%

$1 = ¥6.37