metallurgical corp of chin-a
(601618:Shanghai Stock Exchange)
metallurgical corp of chin-a (601618) Snapshot
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Metallurgical Corporation of China Ltd., together with its subsidiaries, engages in the engineering and construction, equipment manufacturing, resources development, and property development businesses in the People’s Republic of China and internationally. The company’s Engineering and Construction segment provides engineering, construction, and other related contracting services for metallurgical and non-metallurgical projects. Its Equipment Manufacturing segment develops and produces metallurgical equipment, steel structures, and other metal products. The company’s Resources Development segment is involved in the development, mining, and processing of mineral resources; and production of nonferrous metal and polysilicon. Its Property Development segment engages in the development and sale of residential and commercial properties, and housing; and development of land. The company also offers financial management services, as well as engages in the trading, and import and export operations. The company was founded in 2008 and is based in Beijing, the People’s Republic of China. Metallurgical Corporation of China Ltd. is a subsidiary of China Metallurgical Group Corporation.
metallurgical corp of chin-a (601618) Top Compensated Officers
metallurgical corp of chin-a (601618) Key Developments
Metallurgical Corporation of China Ltd. reported unaudited consolidated and parent earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported consolidated operating profit was CNY 1,415,186,000, net profit was CNY 1,122,339,000, net profit attributable to owners of the company was CNY 1,043,663,000 or CNY 0.05 basic per share on total revenue from operations of CNY 43,623,759,000 against operating profit was CNY 988,557,000, net profit was CNY 827,272,000, net profit attributable to owners of the company was CNY 863,387,000 or CNY 0.05 basic per share on total revenue from operations of CNY 44,852,968,000 for the same period a year ago. Net cash used in operating activities was CNY 6,560,368,000 against CNY 9,244,178,000 for the same period a year ago. For the quarter, the company reported operating loss was CNY 174,468,000, net loss was CNY 173,043,000 on operating revenue of CNY 207,860,000 against operating loss was CNY 185,094,000, net loss was CNY 187,116,000 on operating revenue of CNY 397,133,000 for the same period a year ago. Net cash used in operating activities was CNY 829,504,000 against CNY 46,131,000 for the same period a year ago. The company reported asset impairment losses for the first quarter of 2013. For the quarter, on consolidated basis, the company reported asset impairment loss of CNY 4,979,000 compared to CNY 33,391,000 a year ago. On company basis, the company reported asset impairment loss of CNY 732,000.
Metallurgical Corporation of China Ltd. announced that they will report Q1, 2013 results on Apr 25, 2013
Metallurgical Corporation of China Ltd., Board Meeting, Apr 25, 2013. Agenda: To consider and approve the publication of the first quarterly results of the company and its subsidiaries for the three months ended March 31, 2013.
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| 601618:CH | CNY2.04 CNY | +0.01 | |
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Industry Analysis
601618
Industry Average
| Valuation | 601618 | Industry Range |
| Price/Earnings | 16.3x |
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| Price/Sales | 0.2x |
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| Price/Book | 1.0x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | NM | Not Meaningful |
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To contact METALLURGICAL CORP OF CHIN-A, please visit www.mccchina.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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