Zhejiang Huayou Cobalt Co Stock

Zhejiang Huayou Cobalt Co Equity 2024

Zhejiang Huayou Cobalt Co Equity

34.28 B CNY

Ticker

603799.SS

ISIN

CNE100001VW3

In 2024, Zhejiang Huayou Cobalt Co's equity was 34.28 B CNY, a 32.38% increase from the 25.89 B CNY equity in the previous year.

Zhejiang Huayou Cobalt Co Aktienanalyse

What does Zhejiang Huayou Cobalt Co do?

Zhejiang Huayou Cobalt Co Ltd is a Chinese company that was founded in 2002 and operates as one of the largest cobalt raw material suppliers. Cobalt is an important component in the production of lithium-ion batteries used in smartphones, laptops, electric vehicles, and other electronic devices. The history of Zhejiang Huayou Cobalt began in the 1980s with the operation of two copper mines in Zhejiang province. With the growing demand for cobalt, the company became interested in entering this field. Therefore, exploration and mining projects for cobalt were conducted in Zambia starting from the 1990s. In the following years, the company expanded and invested in mines in the Democratic Republic of Congo, Madagascar, and Australia. The core business of Zhejiang Huayou Cobalt revolves around the mining, processing, and sale of cobalt and other metal ores. The various business divisions include mining, refining, trading, and production of cobalt and nickel products. Overall, the company employs over 5,600 employees at locations in China, Africa, and Australia. An important part of Zhejiang Huayou Cobalt's business model is the commitment to producing ethical and sustainable cobalt products. By collaborating with organizations such as the Responsible Minerals Initiative and the Initiative for Responsible Mining and Mine Development, the company advocates for improving working conditions and protecting the environment in the cobalt industry. The product range of Zhejiang Huayou Cobalt includes various types of cobalt products, such as cobalt concentrates, cobalt sulfate, and cobalt oxide. These are typically supplied to lithium-ion battery manufacturers. In addition, the company also produces nickel products for applications in steel production and other industrial sectors. In recent years, Zhejiang Huayou Cobalt has expanded its business field and increasingly invested in battery material research and development. By establishing a joint venture with the German chemical company BASF and a battery material plant in China, the company aims to play a leading role in this field as well. Overall, Zhejiang Huayou Cobalt is a key player in the cobalt market and plays a significant role in battery material production. Through its commitment to ethical and sustainable mining, as well as investments in research and development, the company is well-positioned to be successful in the future. Zhejiang Huayou Cobalt Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Equity Details

Analyzing Zhejiang Huayou Cobalt Co's Equity

Zhejiang Huayou Cobalt Co's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Zhejiang Huayou Cobalt Co's equity is essential for assessing its financial health, stability, and value to shareholders.

Year-to-Year Comparison

Evaluating Zhejiang Huayou Cobalt Co's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.

Impact on Investments

Zhejiang Huayou Cobalt Co's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.

Interpreting Equity Fluctuations

Fluctuations in Zhejiang Huayou Cobalt Co’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.

Frequently Asked Questions about Zhejiang Huayou Cobalt Co stock

What is the equity of Zhejiang Huayou Cobalt Co this year?

Zhejiang Huayou Cobalt Co has equity of 34.28 B CNY this year.

What was the equity of Zhejiang Huayou Cobalt Co compared to the previous year?

The equity of Zhejiang Huayou Cobalt Co has increased/decreased by 32.38% increased compared to the previous year.

What impact does a high equity have on investors of Zhejiang Huayou Cobalt Co?

A high equity is advantageous for investors of Zhejiang Huayou Cobalt Co as it is an indicator of the company's financial stability and its ability to manage risks and challenges.

What impact does low equity have on investors of Zhejiang Huayou Cobalt Co?

A low equity can be a risk for investors of Zhejiang Huayou Cobalt Co, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.

How does an increase in equity of Zhejiang Huayou Cobalt Co affect the company?

An increase in equity of Zhejiang Huayou Cobalt Co can strengthen the company's financial position and improve its ability to make investments in the future.

How does a reduction in the equity of Zhejiang Huayou Cobalt Co affect the company?

A reduction in equity of Zhejiang Huayou Cobalt Co can affect the financial situation of the company and lead to a higher dependence on debt capital.

What are some factors that influence the equity of Zhejiang Huayou Cobalt Co?

Some factors that can affect the equity of Zhejiang Huayou Cobalt Co include profits, dividend payments, capital increases, and acquisitions.

Why is the equity of Zhejiang Huayou Cobalt Co so important for investors?

The equity of Zhejiang Huayou Cobalt Co is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.

What strategic measures can Zhejiang Huayou Cobalt Co take to change the equity?

To change equity, Zhejiang Huayou Cobalt Co can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.

How much dividend does Zhejiang Huayou Cobalt Co pay?

Over the past 12 months, Zhejiang Huayou Cobalt Co paid a dividend of 0.2 CNY . This corresponds to a dividend yield of about 0.68 %. For the coming 12 months, Zhejiang Huayou Cobalt Co is expected to pay a dividend of 0.23 CNY.

What is the dividend yield of Zhejiang Huayou Cobalt Co?

The current dividend yield of Zhejiang Huayou Cobalt Co is 0.68 %.

When does Zhejiang Huayou Cobalt Co pay dividends?

Zhejiang Huayou Cobalt Co pays a quarterly dividend. This is distributed in the months of June, July, July, July.

How secure is the dividend of Zhejiang Huayou Cobalt Co?

Zhejiang Huayou Cobalt Co paid dividends every year for the past 6 years.

What is the dividend of Zhejiang Huayou Cobalt Co?

For the upcoming 12 months, dividends amounting to 0.23 CNY are expected. This corresponds to a dividend yield of 0.77 %.

In which sector is Zhejiang Huayou Cobalt Co located?

Zhejiang Huayou Cobalt Co is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Zhejiang Huayou Cobalt Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Zhejiang Huayou Cobalt Co from 6/17/2024 amounting to 1 CNY, you needed to have the stock in your portfolio before the ex-date on 6/17/2024.

When did Zhejiang Huayou Cobalt Co pay the last dividend?

The last dividend was paid out on 6/17/2024.

What was the dividend of Zhejiang Huayou Cobalt Co in the year 2023?

In the year 2023, Zhejiang Huayou Cobalt Co distributed 0.231 CNY as dividends.

In which currency does Zhejiang Huayou Cobalt Co pay out the dividend?

The dividends of Zhejiang Huayou Cobalt Co are distributed in CNY.

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Andere Kennzahlen von Zhejiang Huayou Cobalt Co

Our stock analysis for Zhejiang Huayou Cobalt Co Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Zhejiang Huayou Cobalt Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.