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Aluminum Corp of China Ltd
NYSE:ACH

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Aluminum Corp of China Ltd Logo
Aluminum Corp of China Ltd
NYSE:ACH
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Price: 7.0001 USD 0% Market Closed
Updated: Apr 19, 2024

ROE
Return on Equity

10.2%
Current
3%
Average
-5.4%
Industry
Positive for the last year
10.2%
Positive average
3%
Better than average
Better than industry value

ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.

ROE
10.2%
=
Net Income
6B
/
Equity
60.5B

ROE Across Competitors

ROE Comparison
Aluminum Corp of China Ltd Competitors

Country CN
Market Cap 7.2B USD
ROE
10%
Country CN
Market Cap 124.3B CNY
ROE
12%
Country IN
Market Cap 1.4T INR
ROE
10%
Country NO
Market Cap 142.3B NOK
ROE
4%
Country CN
Market Cap 92.4B HKD
ROE
13%
Country MY
Market Cap 44.8B MYR
ROE
18%
Country CN
Market Cap 50.4B CNY
ROE
16%
Country RU
Market Cap 630.6B RUB
ROE
2%
Country US
Market Cap 6.3B USD
ROE
-14%
Country CN
Market Cap 42.2B CNY
ROE
7%
Country CN
Market Cap 32.2B CNY
ROE
9%

Profitability Report

View the profitability report to see the full profitability analysis for Aluminum Corp of China Ltd.

See Also

Discover More
What is Return on Equity?

ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.

ROE
10.2%
=
Net Income
6B
/
Equity
60.5B
What is the ROE of Aluminum Corp of China Ltd?

Based on Aluminum Corp of China Ltd's most recent financial statements, the company has ROE of 10.2%.