Zhejiang Huayou Cobalt Future Growth

Future criteria checks 2/6

Zhejiang Huayou Cobalt is forecast to grow earnings and revenue by 16.7% and 14.7% per annum respectively. EPS is expected to grow by 16.5% per annum. Return on equity is forecast to be 10.6% in 3 years.

Key information

16.7%

Earnings growth rate

16.5%

EPS growth rate

Electrical earnings growth	26.1%
Revenue growth rate	14.7%
Future return on equity	10.6%
Analyst coverage	Good
Last updated	31 Oct 2024

Recent future growth updates

Analysts Are Updating Their Zhejiang Huayou Cobalt Co., Ltd (SHSE:603799) Estimates After Its Third-Quarter Results

Oct 22

Zhejiang Huayou Cobalt Co., Ltd Just Recorded A 64% EPS Beat: Here's What Analysts Are Forecasting Next

Aug 22

Recent updates

Analysts Are Updating Their Zhejiang Huayou Cobalt Co., Ltd (SHSE:603799) Estimates After Its Third-Quarter Results

Oct 22

Zhejiang Huayou Cobalt Co., Ltd (SHSE:603799) Screens Well But There Might Be A Catch

Sep 30

Zhejiang Huayou Cobalt Co., Ltd Just Recorded A 64% EPS Beat: Here's What Analysts Are Forecasting Next

Aug 22

Zhejiang Huayou Cobalt (SHSE:603799) Will Want To Turn Around Its Return Trends

Jul 16

Is Zhejiang Huayou Cobalt (SHSE:603799) Using Too Much Debt?

Jun 28

The Consensus EPS Estimates For Zhejiang Huayou Cobalt Co., Ltd (SHSE:603799) Just Fell Dramatically

Apr 29

Zhejiang Huayou Cobalt's (SHSE:603799) Anemic Earnings Might Be Worse Than You Think

Apr 26

Zhejiang Huayou Cobalt Co., Ltd's (SHSE:603799) Prospects Need A Boost To Lift Shares

Apr 01

Zhejiang Huayou Cobalt (SHSE:603799) Use Of Debt Could Be Considered Risky

Mar 14

Earnings and Revenue Growth Forecasts

SHSE:603799 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	86,890	4,779	6,356	13,088	8
12/31/2025	76,814	3,964	1,263	9,091	11
12/31/2024	68,781	3,332	4,551	8,215	10
9/30/2024	60,701	3,358	-6,136	4,843	N/A
6/30/2024	63,009	2,937	-7,574	4,455	N/A
3/31/2024	62,156	2,849	-10,477	3,602	N/A
12/31/2023	66,304	3,351	-13,363	3,486	N/A
9/30/2023	65,413	3,913	-7,298	7,237	N/A
6/30/2023	65,361	3,737	-12,298	5,766	N/A
3/31/2023	68,932	3,725	-14,840	3,573	N/A
12/31/2022	63,034	3,908	-13,940	2,914	N/A
9/30/2022	61,232	4,537	-20,435	-4,214	N/A
6/30/2022	52,041	4,685	-15,508	-2,731	N/A
3/31/2022	42,104	4,450	-11,446	-847	N/A
12/31/2021	35,317	3,898	-8,262	-62	N/A
9/30/2021	29,144	2,847	-3,059	3,465	N/A
6/30/2021	26,428	2,284	-1,586	3,116	N/A
3/31/2021	23,187	1,636	-648	2,734	N/A
12/31/2020	21,187	1,165	-1,781	1,860	N/A
9/30/2020	19,669	713	-1,221	2,047	N/A
6/30/2020	18,801	436	-1,340	1,853	N/A
3/31/2020	18,876	291	-808	2,609	N/A
12/31/2019	18,853	120	-42	2,600	N/A
9/30/2019	18,400	-291	-88	2,620	N/A
6/30/2019	16,771	53	433	2,810	N/A
3/31/2019	15,421	690	306	2,040	N/A
12/31/2018	14,451	1,528	328	1,823	N/A
9/30/2018	13,581	2,710	-846	-80	N/A
6/30/2018	12,648	2,728	N/A	-1,027	N/A
3/31/2018	11,337	2,494	N/A	-1,759	N/A
12/31/2017	9,653	1,896	N/A	-1,762	N/A
9/30/2017	7,547	1,156	N/A	-425	N/A
6/30/2017	6,512	775	N/A	235	N/A
3/31/2017	5,584	356	N/A	908	N/A
12/31/2016	4,889	69	N/A	973	N/A
9/30/2016	4,322	-206	N/A	380	N/A
6/30/2016	4,081	-291	N/A	73	N/A
3/31/2016	4,028	-297	N/A	-236	N/A
12/31/2015	4,029	-246	N/A	-452	N/A
9/30/2015	4,277	-2	N/A	-865	N/A
6/30/2015	4,301	89	N/A	-853	N/A
3/31/2015	4,503	131	N/A	-645	N/A
12/31/2014	4,353	145	N/A	-720	N/A
9/30/2014	4,172	131	N/A	-411	N/A
6/30/2014	3,897	105	N/A	-541	N/A
3/31/2014	3,595	108	N/A	-692	N/A
12/31/2013	3,585	123	N/A	-593	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 603799's forecast earnings growth (16.7% per year) is above the savings rate (2.9%).

Earnings vs Market: 603799's earnings (16.7% per year) are forecast to grow slower than the CN market (25.9% per year).

High Growth Earnings: 603799's earnings are forecast to grow, but not significantly.

Revenue vs Market: 603799's revenue (14.7% per year) is forecast to grow faster than the CN market (14% per year).

High Growth Revenue: 603799's revenue (14.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 603799's Return on Equity is forecast to be low in 3 years time (10.6%).

Zhejiang Huayou Cobalt Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Price target increased by 10% to CN¥31.32

Analysts Are Updating Their Zhejiang Huayou Cobalt Co., Ltd (SHSE:603799) Estimates After Its Third-Quarter Results

Consensus EPS estimates fall by 16%

Zhejiang Huayou Cobalt Co., Ltd Just Recorded A 64% EPS Beat: Here's What Analysts Are Forecasting Next

Price target decreased by 10% to CN¥27.81

Consensus EPS estimates fall by 13%

Recent updates

Price target increased by 10% to CN¥31.32

Analysts Are Updating Their Zhejiang Huayou Cobalt Co., Ltd (SHSE:603799) Estimates After Its Third-Quarter Results

Third quarter 2024 earnings released: EPS: CN¥0.80 (vs CN¥0.56 in 3Q 2023)

Now 25% undervalued

New minor risk - Share price stability

Zhejiang Huayou Cobalt Co., Ltd to Report Q3, 2024 Results on Oct 19, 2024

Zhejiang Huayou Cobalt Co., Ltd (SHSE:603799) Screens Well But There Might Be A Catch

Investor sentiment improves as stock rises 22%

Consensus EPS estimates fall by 16%

Zhejiang Huayou Cobalt Co., Ltd Just Recorded A 64% EPS Beat: Here's What Analysts Are Forecasting Next

Price target decreased by 10% to CN¥27.81

Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Yichang Xingfa Group Co., Ltd. and Hubei Xingshun Mining Co., Ltd. agreed to acquire an additional 51% stake in Hubei Youxing New Energy Technology Co., Ltd from Zhejiang Huayou Cobalt Co., Ltd (SHSE:603799) for approximately CNY 170 million.

Zhejiang Huayou Cobalt (SHSE:603799) Will Want To Turn Around Its Return Trends

Is Zhejiang Huayou Cobalt (SHSE:603799) Using Too Much Debt?

Zhejiang Huayou Cobalt Co., Ltd to Report First Half, 2024 Results on Aug 20, 2024

Consensus EPS estimates fall by 13%

The Consensus EPS Estimates For Zhejiang Huayou Cobalt Co., Ltd (SHSE:603799) Just Fell Dramatically

Price target decreased by 14% to CN¥31.27

Consensus revenue estimates fall by 12%

Zhejiang Huayou Cobalt's (SHSE:603799) Anemic Earnings Might Be Worse Than You Think

Zhejiang Huayou Cobalt Co., Ltd, Annual General Meeting, May 10, 2024

First quarter 2024 earnings released: EPS: CN¥0.33 (vs CN¥0.64 in 1Q 2023)

Investor sentiment improves as stock rises 17%

Zhejiang Huayou Cobalt Co., Ltd's (SHSE:603799) Prospects Need A Boost To Lift Shares

Zhejiang Huayou Cobalt Co., Ltd to Report Q1, 2024 Results on Apr 20, 2024

Zhejiang Huayou Cobalt (SHSE:603799) Use Of Debt Could Be Considered Risky

Investor sentiment deteriorates as stock falls 15%

Price target decreased by 15% to CN¥46.21

Zhejiang Huayou Cobalt Co.,Ltd to Report Fiscal Year 2023 Results on Apr 20, 2024

Price target decreased by 15% to CN¥54.50

Consensus EPS estimates fall by 13%

Third quarter 2023 earnings released: EPS: CN¥0.56 (vs CN¥0.49 in 3Q 2022)

Now 20% undervalued after recent price drop

Zhejiang Huayou Cobalt Co.,Ltd (SHSE:603799) announces an Equity Buyback for CNY 1,000 million worth of its shares.

Zhejiang Huayou Cobalt Co.,Ltd (SHSE:603799) announces an Equity Buyback for CNY 1,000 million worth of its shares.

Now 21% undervalued after recent price drop

Consensus EPS estimates fall by 27%, revenue upgraded

Zhejiang Huayou Cobalt Co.,Ltd has completed a Follow-on Equity Offering in the amount of $582.5 million.

First quarter 2023 earnings released: EPS: CN¥0.64 (vs CN¥0.76 in 1Q 2022)

Investor sentiment deteriorates as stock falls 16%

Price target decreased by 9.1% to CN¥80.67

Price target decreased to CN¥91.96

Less than half of directors are independent

Price target decreased to CN¥91.96

Investor sentiment improved over the past week

Consensus forecasts updated

Third quarter 2022 earnings released: EPS: CN¥0.49 (vs CN¥0.58 in 3Q 2021)

Now 20% undervalued after recent price drop

Price target decreased to CN¥101

Consensus forecasts updated

Price target increased to CN¥110

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

Less than half of directors are independent

Zhejiang Huayou Cobalt Co., Ltd announced that it expects to receive CNY 17.7 billion in funding from Zhejiang Huayou Holding Group Co., Ltd. and other investors

Investor sentiment improved over the past week

Consensus forecasts updated

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Less than half of directors are independent

Price target decreased to CN¥145

Investor sentiment deteriorated over the past week

Price target increased to CN¥163

Zhejiang Huayou Cobalt Co., Ltd (SHSE:603799) agreed to acquire Prospect Lithium Zimbabwe and the rights of its creditors for approximately $420 million.

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

CATL, Huayou Reportedly Eye 10% Stakes in Miner Jinchuan Group

Second quarter 2021 earnings released: EPS CN¥0.67 (vs CN¥0.14 in 2Q 2020)

Chen Xuehua completed the acquisition of an additional 6.76% in Zhejiang Huayou Cobalt Co., Ltd (SHSE:603799) from Great Mountain Enterprise Pte. Ltd.