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Zhejiang Huayou Cobalt Co Stock

Zhejiang Huayou Cobalt Co Market capitalization 2024

Zhejiang Huayou Cobalt Co Market capitalization

48.24 B CNY

Ticker

603799.SS

ISIN

CNE100001VW3

In 2024, Zhejiang Huayou Cobalt Co's market cap stood at 48.24 B CNY, a -20.64% increase from the 60.78 B CNY market cap in the previous year.

The Zhejiang Huayou Cobalt Co Market capitalization history

YEARMarket Capitalization (undefined CNY)
202377.24
2022116.94
2021125.19
202036.63
201921.2
201838.88
201729.07
201612.13
20155.99
2014-
2013-
2012-
2011-

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.

Market capitalization Details

Exploring Zhejiang Huayou Cobalt Co's Market Capitalization

Zhejiang Huayou Cobalt Co's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Zhejiang Huayou Cobalt Co's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Zhejiang Huayou Cobalt Co's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Zhejiang Huayou Cobalt Co’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Zhejiang Huayou Cobalt Co stock

What is the current Zhejiang Huayou Cobalt Co market capitalization?

The current market capitalization of Zhejiang Huayou Cobalt Co is 48.24 B CNY.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Zhejiang Huayou Cobalt Co.

How has the market capitalization of Zhejiang Huayou Cobalt Co developed in recent years?

The market capitalization of Zhejiang Huayou Cobalt Co has increased/decreased by -20.64% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Zhejiang Huayou Cobalt Co?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Zhejiang Huayou Cobalt Co?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Zhejiang Huayou Cobalt Co have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

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.