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Metallurgical Corporation of China Ltd. Class H
(Frankfurt:1618)
Metallurgical Corporation of China Ltd. Class H (1618) vs. iShares MSCI Hong Kong ETF (EWH)
Metallurgical Corporation of China Ltd. Class H Business Overview & Revenue Model
Metallurgical Corporation of China Ltd. Class H Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 483.54B | 552.02B | 633.87B | 592.67B | 500.57B | 400.11B |
| Gross Profit | 50.54B | 53.48B | 61.41B | 57.15B | 53.14B | 45.43B |
| EBITDA | 11.32B | 17.01B | 20.34B | 21.88B | 19.61B | 17.96B |
| Net Income | 3.97B | 6.75B | 8.67B | 10.28B | 11.61B | 7.86B |
Balance Sheet | ||||||
| Total Assets | 954.19B | 808.02B | 661.60B | 585.38B | 543.47B | 506.39B |
| Cash, Cash Equivalents and Short-Term Investments | 56.32B | 52.56B | 44.44B | 45.66B | 41.83B | 55.35B |
| Total Debt | 220.36B | 78.59B | 66.19B | 62.88B | 60.54B | 68.15B |
| Total Liabilities | 807.48B | 625.68B | 493.61B | 423.48B | 392.08B | 366.04B |
| Stockholders Equity | 114.12B | 153.04B | 145.48B | 121.11B | 107.49B | 97.89B |
Cash Flow | ||||||
| Free Cash Flow | 11.55B | 985.05M | 1.30B | 13.84B | 14.09B | 24.29B |
| Operating Cash Flow | -19.53B | 7.85B | 5.89B | 18.15B | 17.64B | 28.03B |
| Investing Cash Flow | -8.00B | -9.58B | -6.72B | -6.56B | -12.57B | -12.29B |
| Financing Cash Flow | 6.60B | 11.06B | 1.16B | -9.67B | -16.24B | -5.31B |
Metallurgical Corporation of China Ltd. Class H Technical Analysis
Metallurgical Corporation of China Ltd. Class H Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | HK$32.03B | 12.09 | 8.27% | 5.31% | 11.89% | 8.49% | |
67 Neutral | HK$47.38B | 4.85 | 13.70% | 6.69% | -5.14% | -4.05% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
60 Neutral | HK$68.81B | 5.40 | 7.78% | 3.90% | 11.49% | -7.01% | |
44 Neutral | HK$67.01B | 9.20 | 3.80% | 3.21% | -18.36% | -47.29% | |
44 Neutral | HK$18.44B | 81.99 | 3.35% | ― | -1.75% | ― |
Metallurgical Corporation of China Ltd. Class H Corporate Events
Metallurgical Corporation of China Ltd. reported that all resolutions at its first extraordinary general meeting of 2025, held in Beijing on 29 December, were duly passed by poll without amendment, with shareholders and proxies representing 66.35% of voting shares in attendance. Due to China Minmetals’ connected interests in a very substantial disposal of equity interests and related debt assignments, as well as connected guarantees, China Minmetals and its associate CMGC abstained from voting on two key resolutions, while no other shareholders were required to abstain, underscoring strong procedural compliance with PRC company law and Hong Kong listing rules and clearing the way for the approved transactions to proceed.
The most recent analyst rating on (HK:1618) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Metallurgical Corporation of China Ltd. Class H stock, see the HK:1618 Stock Forecast page.
Metallurgical Corporation of China Ltd. has convened its first extraordinary general meeting of 2026 for 16 January in Beijing, where shareholders will vote on major share repurchase plans for both its A shares and H shares. The proposed A share repurchase plan covers the purpose, scale, funding, pricing, implementation period, and post-repurchase treatment of the shares, including cancellation or transfer and protections for creditors, signalling an effort to optimise capital structure and possibly support the company’s share price. In parallel, the board is seeking a general mandate to repurchase up to 10% of its issued H shares using internal funds, with broad authority to determine timing, price and quantity, handle regulatory procedures, adjust terms in line with changing policies or market conditions, and cancel repurchased shares with corresponding capital reduction and amendments to the Articles of Association, which, if approved, would enhance the company’s financial and capital management flexibility for Hong Kong investors.
The most recent analyst rating on (HK:1618) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Metallurgical Corporation of China Ltd. Class H stock, see the HK:1618 Stock Forecast page.
Metallurgical Corporation of China Ltd. has announced a voluntary share repurchase plan aimed at safeguarding shareholders’ interests, stabilizing its stock value, and enhancing investor confidence. The plan involves repurchasing a portion of its A Shares and H Shares, with allocated budgets of up to RMB 2 billion and RMB 500 million respectively, which will result in a reduction in the company’s registered share capital and reflect its intent to strengthen market confidence.
The most recent analyst rating on (HK:1618) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Metallurgical Corporation of China Ltd. Class H stock, see the HK:1618 Stock Forecast page.
Metallurgical Corporation of China Ltd. announced that the value of its newly signed contracts from January to November 2025 amounted to RMB958.13 billion, marking an 8.6% decrease compared to the previous year. However, the value of newly signed overseas contracts increased slightly by 0.4% to RMB75 billion. Notable projects include urban renewal in Nanyang City and a green energy metallurgical casting project in Xinjiang, indicating a strategic focus on sustainable development and international expansion.
The most recent analyst rating on (HK:1618) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Metallurgical Corporation of China Ltd. Class H stock, see the HK:1618 Stock Forecast page.
Metallurgical Corporation of China Ltd. has announced the convening of its first extraordinary general meeting of 2025 to discuss significant transactions involving the disposal of equity interests and assignment of debts related to several subsidiaries. These transactions include agreements with Minmetals Land Holdings Co., Ltd. and China Minmetals Corporation, indicating a strategic restructuring of the company’s assets. The meeting will also address connected transactions concerning guarantees and changes in the use of share proceeds, reflecting a broader strategy to optimize financial and operational efficiencies.
The most recent analyst rating on (HK:1618) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Metallurgical Corporation of China Ltd. Class H stock, see the HK:1618 Stock Forecast page.
Metallurgical Corporation of China Ltd. has announced a significant restructuring involving the sale of its equity interests in several subsidiaries, including MCC Real Estate and MCC-JJJ Mining, to China Minmetals and other entities for RMB60,676.3224 million. This transaction will result in these subsidiaries no longer being part of the company’s consolidated financial statements. The proposed disposals are classified as a very substantial disposal under Hong Kong’s Listing Rules, necessitating shareholder approval and compliance with reporting requirements. The move is expected to streamline the company’s operations and potentially alter its market positioning, with implications for stakeholders, including changes in the use of A and H Share proceeds.
The most recent analyst rating on (HK:1618) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Metallurgical Corporation of China Ltd. Class H stock, see the HK:1618 Stock Forecast page.
Metallurgical Corporation of China Ltd. announced a total of RMB845.07 billion in newly signed contracts from January to October 2025, marking an 11.8% decrease compared to the previous year. However, the company saw a 7.3% increase in overseas contracts, totaling RMB71.16 billion. Notable contracts include significant projects in urban renovation and mining operations, highlighting the company’s continued focus on large-scale engineering and construction endeavors.
The most recent analyst rating on (HK:1618) stock is a Buy with a HK$3.00 price target. To see the full list of analyst forecasts on Metallurgical Corporation of China Ltd. Class H stock, see the HK:1618 Stock Forecast page.
Metallurgical Corporation of China Ltd. reported a decline in the value of newly-signed contracts for the first three quarters of 2025, with a total of RMB760.67 billion, marking a 14.7% decrease year-on-year. Despite the overall downturn, the company maintained steady operations with no stalled major projects, indicating resilience in its business segments, particularly in metallurgical works and operation services, which saw a slight increase.
The most recent analyst rating on (HK:1618) stock is a Buy with a HK$3.00 price target. To see the full list of analyst forecasts on Metallurgical Corporation of China Ltd. Class H stock, see the HK:1618 Stock Forecast page.
Metallurgical Corporation of China Ltd. has released its unaudited third quarterly report for 2025, prepared according to Chinese Accounting Standards. The report assures stakeholders of the accuracy and completeness of the financial information provided, although it remains unaudited. This announcement highlights the company’s commitment to transparency and accountability, potentially reinforcing stakeholder confidence in its operational integrity.
The most recent analyst rating on (HK:1618) stock is a Buy with a HK$3.00 price target. To see the full list of analyst forecasts on Metallurgical Corporation of China Ltd. Class H stock, see the HK:1618 Stock Forecast page.
Metallurgical Corporation of China Ltd. has announced a board meeting scheduled for October 30, 2025, to discuss and approve the third quarterly results for the period ending September 30, 2025. This meeting is significant as it will provide insights into the company’s financial performance and strategic direction, potentially impacting stakeholders’ perceptions and the company’s market positioning.
The most recent analyst rating on (HK:1618) stock is a Buy with a HK$2.00 price target. To see the full list of analyst forecasts on Metallurgical Corporation of China Ltd. Class H stock, see the HK:1618 Stock Forecast page.
Metallurgical Corporation of China Ltd. reported a total value of RMB760.67 billion in newly signed contracts from January to September 2025, marking a 14.7% decrease compared to the previous year. However, the company’s overseas contracts saw a 10.1% increase, reaching RMB66.90 billion. Notable projects in September include significant engineering and construction contracts exceeding RMB1 billion, highlighting the company’s ongoing efforts to secure large-scale projects despite the overall decline in contract value.
The most recent analyst rating on (HK:1618) stock is a Buy with a HK$2.00 price target. To see the full list of analyst forecasts on Metallurgical Corporation of China Ltd. Class H stock, see the HK:1618 Stock Forecast page.