Zhejiang Huayou Cobalt Co Stock

Zhejiang Huayou Cobalt Co Liabilities 2024

Zhejiang Huayou Cobalt Co Liabilities

91.24 B CNY

Ticker

603799.SS

ISIN

CNE100001VW3

In 2024, Zhejiang Huayou Cobalt Co's total liabilities amounted to 91.24 B CNY, a 7.73% difference from the 84.7 B CNY total liabilities 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.

Liabilities Details

Assessing Zhejiang Huayou Cobalt Co's Liabilities

Zhejiang Huayou Cobalt Co's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Zhejiang Huayou Cobalt Co's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing Zhejiang Huayou Cobalt Co's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

Zhejiang Huayou Cobalt Co's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in Zhejiang Huayou Cobalt Co’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about Zhejiang Huayou Cobalt Co stock

What is the level of liabilities of Zhejiang Huayou Cobalt Co this year?

Zhejiang Huayou Cobalt Co has a debt balance of 91.24 B CNY this year.

What were the liabilities of Zhejiang Huayou Cobalt Co compared to the previous year?

The liabilities of Zhejiang Huayou Cobalt Co have increased by 7.73% increased compared to the previous year.

What are the consequences of high debt for investors of Zhejiang Huayou Cobalt Co?

High liabilities can pose a risk for investors of Zhejiang Huayou Cobalt Co, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in Zhejiang Huayou Cobalt Co?

Low liabilities mean that Zhejiang Huayou Cobalt Co has a strong financial position and is able to meet its obligations without overburdening its finances.

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

An increase in liabilities of Zhejiang Huayou Cobalt Co can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

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

A decrease in the liabilities of Zhejiang Huayou Cobalt Co can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

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

Some factors that can influence the liabilities of Zhejiang Huayou Cobalt Co include investments, acquisitions, operating costs, and sales development.

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

The liabilities of Zhejiang Huayou Cobalt Co are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can Zhejiang Huayou Cobalt Co take to modify the liabilities?

To change its liabilities, Zhejiang Huayou Cobalt Co can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

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.