Aluminum Corp Of China Ltd income statement ALMMF
In fiscal 2022, which ended Dec 31, 2022, Aluminum Corp Of China Ltd reported revenue of $42.2 billion, down 0.3% from the year before. Net income was $1.6 billion, a profit margin of 3.7%. Operating income came to $2.4 billion, an operating margin of 5.6%. Diluted earnings per share were $0.04. Across the 6 fiscal years shown, revenue grew from $27.7 billion in fiscal 2017 to $42.2 billion in fiscal 2022, about 8.8% a year.
USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.
| Line |
FY 2022
Dec 31, 2022
|
FY 2021
Dec 31, 2021
|
FY 2020
Dec 31, 2020
|
FY 2019
Dec 31, 2019
|
FY 2018
Dec 31, 2018
|
FY 2017
Dec 31, 2017
|
|---|---|---|---|---|---|---|
| Revenue |
42,189
-0.3%
|
42,329
+48.5%
|
28,505
+4.4%
|
27,302
+4.1%
|
26,215
-5.3%
|
27,678
|
| Cost of revenue |
37,654
-1.4%
|
38,174
+44.3%
|
26,448
+3.5%
|
25,560
+5.2%
|
24,293
-4.6%
|
25,464
|
| Gross profit |
4,536
+9.2%
|
4,155
+102.0%
|
2,057
+18.1%
|
1,742
-9.3%
|
1,921
-13.2%
|
2,214
|
| Research and development |
697
+87.9%
|
371
+68.7%
|
220
+62.6%
|
135
+48.2%
|
91
+19.9%
|
76
|
| Selling, general and administrative |
932
+7.6%
|
866
+0.7%
|
860
+6.4%
|
809
+122.7%
|
363
+0.9%
|
360
|
| Operating income |
2,377
+13.0%
|
2,104
+128.0%
|
923
|
—
|
—
|
—
|
| Pretax income |
1,915
+19.9%
|
1,597
+383.6%
|
330
+8.8%
|
304
-9.4%
|
335
-27.5%
|
462
|
| Income tax |
343
-8.5%
|
375
+320.3%
|
89
-0.7%
|
90
-24.9%
|
120
+21.2%
|
99
|
| Net income |
1,572
+28.6%
|
1,222
+407.0%
|
241
+12.8%
|
214
-0.8%
|
215
-40.7%
|
363
|
| Basic EPS |
0.04
-22.2%
|
0.04
|
—
|
—
|
—
|
—
|
| Diluted EPS |
0.04
-22.2%
|
0.04
|
—
|
—
|
—
|
—
|
| Weighted average shares, basic |
17
+0.0%
|
17
+0.0%
|
17
+0.0%
|
17
+1.1%
|
17
-99.9%
|
14,904
|
| Weighted average shares, diluted |
—
|
—
|
—
|
17,023
+1.1%
|
16,843
|
—
|
| Other measures | ||||||
| Interest coverage |
4.21x
|
3.40x
|
1.36x
|
—
|
—
|
—
|
| Margins | ||||||
| Gross margin |
10.75%
|
9.82%
|
7.22%
|
6.38%
|
7.33%
|
8.00%
|
| Operating margin |
5.63%
|
4.97%
|
3.24%
|
—
|
—
|
—
|
| Pretax margin |
4.54%
|
3.77%
|
1.16%
|
1.11%
|
1.28%
|
1.67%
|
| Profit margin |
3.73%
|
2.89%
|
0.85%
|
0.78%
|
0.82%
|
1.31%
|
| Effective tax rate |
17.91%
|
23.48%
|
27.01%
|
29.60%
|
35.71%
|
21.36%
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. More on our methodology.
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Company profile
- Industry
- Primary Production of Aluminum (SIC 3334)
- Listed as
- ALMMF (OTC)
- Headquarters
- Haidian District, Beijing, China
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1161611
Other Primary Production of Aluminum companies
- Alcoa Corp AA
- Century Aluminum Co CENX
Source: SEC EDGAR filings. This is company-reported data, not investment advice.