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Zhejiang Huayou Cobalt Co Stock

Zhejiang Huayou Cobalt Co ROCE 2024

Zhejiang Huayou Cobalt Co ROCE

0.14

Ticker

603799.SS

ISIN

CNE100001VW3

In 2024, Zhejiang Huayou Cobalt Co's return on capital employed (ROCE) was 0.14, a -36.91% increase from the 0.23 ROCE 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.

ROCE Details

Unraveling Zhejiang Huayou Cobalt Co's Return on Capital Employed (ROCE)

Zhejiang Huayou Cobalt Co's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Zhejiang Huayou Cobalt Co's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Zhejiang Huayou Cobalt Co's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Zhejiang Huayou Cobalt Co’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Zhejiang Huayou Cobalt Co stock

What is the ROCE (Return on Capital Employed) of Zhejiang Huayou Cobalt Co this year?

The ROCE of Zhejiang Huayou Cobalt Co is 0.14 undefined this year.

How has the ROCE (Return on Capital Employed) of Zhejiang Huayou Cobalt Co developed compared to the previous year?

The ROCE of Zhejiang Huayou Cobalt Co has increased by -36.91% decreased compared to the previous year.

What does a high ROCE (Return on Capital Employed) mean for investors of Zhejiang Huayou Cobalt Co?

A high Return on Capital Employed (ROCE) indicates that Zhejiang Huayou Cobalt Co has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.

What does a low ROCE (Return on Capital Employed) mean for investors of Zhejiang Huayou Cobalt Co?

A low ROCE (Return on Capital Employed) can indicate that Zhejiang Huayou Cobalt Co has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.

How does an increase in ROCE from Zhejiang Huayou Cobalt Co impact the company?

An increase in the ROCE of Zhejiang Huayou Cobalt Co can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.

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

A decrease in ROCE of Zhejiang Huayou Cobalt Co can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.

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

Some factors that can affect Zhejiang Huayou Cobalt Co's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.

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

The ROCE of Zhejiang Huayou Cobalt Co is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.

What strategic measures can Zhejiang Huayou Cobalt Co take to improve the ROCE?

To improve the ROCE, Zhejiang Huayou Cobalt Co can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.

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 0.62 %. 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 0.62 %.

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 0.7 %.

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.