Aluminum Corporation of China (2600) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 reached RMB 58.49 billion, up 4.85% year-over-year, with net profit attributable to shareholders rising 56.35% to RMB 5.53 billion.

• Significant profit growth was driven by strict operational management and comprehensive cost reduction initiatives.

• The company restated prior year figures due to business combinations under common control.

Financial highlights

• Total profit increased 82.5% year-over-year to RMB 11.92 billion.

• Net cash flow from operating activities rose 73.84% to RMB 10.88 billion.

• Basic EPS was RMB 0.323, up 56.8% year-over-year.

• Weighted average return on net assets improved by 2.16 percentage points to 7.11%.

• Total assets grew 2.77% to RMB 233.31 billion, and owner’s equity attributable to shareholders increased 7.63%.

Outlook and guidance

• Management attributes improved profitability to ongoing cost control and efficiency measures, indicating continued focus on operational excellence.