***铝业股票2007年5月价格 ***铝业2007年业绩是真的吗

China Aluminum Stock Price in May 2007 and the Authenticity of China Aluminum's 2007 Performance

China Aluminum's stock price plunged from 59.32 yuan to 4.2 yuan on October 14, 2022, a 93% decline, with a market value evaporating by 0.9 trillion yuan. On the same day, China Petroleum's stock price fell from 31.77 yuan to 5.13 yuan, a decrease of 84%, with a market value evaporating by 5 trillion yuan. Additionally, China Shenhua saw its stock price drop from 43.87 yuan to 31.07 yuan, a 30% decline, with 0.26 trillion yuan in market value evaporating.

2. Financial Report of 2007

China Aluminum released its 2007 annual report on March 19, 2008, revealing a net profit of 10.225 billion yuan, a 13.65% decrease from the previous year. The company's earnings per share were 0.82 yuan, and the proposed distribution plan was 0.53 yuan per 10 shares. This caused a 9.76% decline in China Aluminum's A-shares, closing at 22.2 yuan on the same day.

3. Review of Past Financial Data

Analyzing China Aluminum's financial data since its listing, the years 2005-2008 stand out. During this period, with China's accession to the WTO and a surge in foreign trade orders alongside infrastructure investments, prices of basic metals skyrocketed. China Aluminum's return on equity (ROE) was 25.76, 24.46, and 30.04 in 2005, 2006, and 2007, respectively.

4. Profits in 2006 and 2007

In 2006, China Aluminum reported a profit of 11.842 billion yuan, while its stock price traded at 6.95 yuan. The following year, in 2007, the company's profit slightly decreased to 10.753 billion yuan, but its stock price soared to 15.84 yuan, with a significant increase from the lowest point of 3.43 yuan to the highest point of 25.78 yuan, reflecting a rise of 7.5 times.

5. Influence of Aluminum Prices

The high aluminum prices in 2007 boosted China Aluminum's annual profits to over 100 billion yuan. The anchoring effect of aluminum prices should not be underestimated, as it plays a crucial role in the financial performance of the company.

6. Impact of Energy Conservation Policies

With China's increasing emphasis on energy conservation measures, it was anticipated in November 2007 that the additional capacity of electrolytic aluminum in China in 2008 would significantly decrease. The supply growth rate was expected to slow down from 34% in 2007 to 23% in 2008, while the demand for electrolytic aluminum was projected to maintain a robust growth of over 30% in 2008.

7. Half-Year Performance of 2007

In the first half of 2007, China Aluminum-controlled company, China Aluminum Co., Ltd., released its performance report, showing a sales revenue of 36.6 billion yuan, a 31.4% year-on-year increase. However, the net profit was 6.397 billion yuan, which decreased by 5.15% compared to the same period last year.

8. Financial Struggles in 2015

By March 27, 2015, China Aluminum faced financial difficulties, with four consecutive years of non-GAAP net profit losses. The company's equity incentives might undergo adjustments within the year to address these challenges.