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Chinalco's engineering subsidiary, designing and building alumina refineries and aluminum smelters worldwide.
Chinalco's engineering subsidiary, designing and building alumina refineries and aluminum smelters worldwide.
Earns design fees and construction contract revenue on metallurgical plants, with revenue recognised as work progresses, so income follows project schedules rather than steady sales. Chinalco, its parent and a state-owned aluminum group, has been a major source of work, though it takes overseas jobs too.
In one line: An aluminum-industry EPC arm, akin to a metals-focused Fluor.
Moat: narrow (process know-how, customer qualification). Specialized metallurgical engineering know-how tied to parent Chinalco's global projects.
Headquarters: Guiyang, China · Employees: 10,336
Size China Aluminum International Engineering (601068.SS) is a China Industrials company (Engineering & Construction) with a market value of $1.68B, the 1480th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥4.12 on 6 Nov 2026.
Performance Over six months the shares fell 33.8%, against -4.3% for the median peer and -16.4% for the China market (cap-weighted) — 2nd lowest of 21 in its peer set.
Growth Revenue fell 9.7% over the last twelve months (peer median +1.6%); the operating margin is 4.0% (peer median 5.3%).
Valuation It trades at 41.2× forward earnings against a peer median of 16.3× (most expensive of 18).
Price implies For today's price to make sense, revenue must grow about 11% a year for seven years (Req g). Recent delivered growth is 0%, so the hurdle is +11 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 2.1 points below its cost of capital (5.9% WACC).
Next results Next results expected around 1 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥20.8B | CN¥23.0B | CN¥23.9B | CN¥22.2B | CN¥23.6B |
| Revenue growth | — | -4% | +8% | -6% | — |
| Gross profit | CN¥3.40B | CN¥2.98B | CN¥2.72B | CN¥1.72B | CN¥2.80B |
| EBITDA | n/a | CN¥930M | CN¥750M | -CN¥2.33B | CN¥716M |
| Net income | CN¥246M | CN¥258M | CN¥221M | -CN¥2.66B | CN¥112M |
| Free cash flow | CN¥702M | CN¥798M | -CN¥2.73B | CN¥680M | -CN¥3.87B |
| Capital expenditure | CN¥217M | CN¥98.6M | CN¥80.6M | CN¥51.6M | CN¥4.46B |
| Total debt | CN¥15.5B | CN¥16.8B | CN¥17.1B | CN¥17.6B | CN¥18.4B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| China Aluminum International Engineering 601068.SS | $1.68B | -34% | -10% | 4% | 41.2× | 10.9% |
| Sinoma International Engineering 600970.SS | $3.15B | -14% | +3% | 5% | 9.2× | -8.3% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 601068.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -7.2% | -0.8% | 6th lowest of 21 |
| 6-month return | -33.8% | -4.3% | 2nd lowest of 21 |
| Distance from 52-week high | -42.0% | -26.8% | 3rd lowest of 21 |
| Revenue growth (TTM) | -9.7% | +1.6% | 6th lowest of 21 |
| Operating margin | 4.0% | 5.3% | 10th lowest of 21 |
| Forward P/E | 41.2× | 16.3× | most expensive of 18 |
| Growth the price implies (Req g, 7 yrs) | 10.9% | -1.4% | 4th most demanding of 15 |
| Growth delivered (Del g) | +0.1% | +5.0% | 4th lowest of 15 |
| Hurdle (Req g minus delivered) | +10.8 pp | -10.4 pp | 3rd most demanding of 15 |
| ROIC minus cost of capital | -2.1 pp | +1.0 pp | 4th lowest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| China Aluminum International Engineering 601068.SS | China | $1.68B | -34% | -10% | 4% | 41.2× | 10.9% | +0.1% |
| Envision Greenwise 1783.HK | Hong Kong | $1.68B | +38% | +183% | 3% | n/a | n/a | n/a |
| NCC NCC-A.ST | Sweden | $1.69B | -3% | -17% | 3% | 22.2× | -1.6% | +0.7% |
| Chudenko 1941.T | Japan | $1.71B | +3% | +9% | 12% | 11.0× | -8.6% | +4.3% |
| Japan Elevator Service 6544.T | Japan | $1.65B | -9% | +17% | 19% | 29.3× | 4.0% | +18.6% |
| Shandong Hi-speed Road&bridge 000498.SZ | China | $1.65B | +20% | -9% | 7% | 4.9× | n/a | n/a |
| Burkhalter BRKN.SW | Switzerland | $1.71B | -27% | -2% | 6% | 21.5× | -1.3% | +19.0% |
| SHO BOND 1414.T | Japan | $1.71B | -6% | -2% | 23% | 16.3× | -7.5% | +2.2% |
| Tasmea TEA.AX | Australia | $1.73B | +49% | +136% | 8% | 18.9× | 4.6% | +59.3% |
| Suzhou Gold Mantis Construction and Decoration 002081.SZ | China | $1.74B | -25% | -8% | 3% | 29.6× | 12.2% | -11.1% |
| Engineers India ENGINERSIN.NS | India | $1.74B | +12% | +6% | 20% | 25.2× | 29.6% | +4.6% |
| Implenia IMPN.SW | Switzerland | $1.61B | +12% | -8% | 2% | 15.0× | 6.0% | -2.7% |
| Kier KIE.L | United Kingdom | $1.75B | +53% | +7% | 3% | 12.7× | -6.3% | +5.9% |
| MIRAIT ONE 1417.T | Japan | $1.60B | -24% | +5% | 6% | 10.4× | -5.7% | +5.4% |
| China CAMC Engineering 002051.SZ | China | $1.58B | -15% | +14% | 5% | 40.3× | n/a | n/a |
| Zhejiang Youpon Integrated Ceiling 002718.SZ | China | $1.58B | +12% | -18% | -5% | n/a | n/a | n/a |
| Guangdong Construction Engineering 002060.SZ | China | $1.79B | -15% | -11% | 3% | 8.0× | n/a | n/a |
| Badger Infrastructure Solutions BDGI.TO | Canada | $1.80B | -10% | +16% | 8% | 19.2× | 21.0% | +15.8% |
| China Next-Gen Commerce and Supply Chain 3928.HK | Hong Kong | $1.81B | +47% | -26% | -17% | n/a | n/a | n/a |
| Mega Union Technology 6944.TW | Taiwan | $1.82B | -17% | +60% | 21% | 14.1× | -4.0% | +30.2% |
| Dl E&c 375500.KS | South Korea | $1.53B | -48% | -17% | 4% | 5.2× | -8.3% | -5.3% |