Zhejiang Huayou Cobalt
Market Cap
CN¥119.8b
Last Updated
2021/06/24 16:11 UTC
Data Sources
Company Financials +
Executive Summary
Zhejiang Huayou Cobalt Co., Ltd engages in the research, development, manufacture, and sale of lithium battery materials and cobalt materials in China and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet with solid track record.
Share Price & News
How has Zhejiang Huayou Cobalt's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 603799 is more volatile than 75% of CN stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: 603799's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of CN stocks.
Market Performance
7 Day Return
1.3%
603799
3.1%
CN Metals and Mining
2.5%
CN Market
1 Year Return
157.8%
603799
39.9%
CN Metals and Mining
21.9%
CN Market
Return vs Industry: 603799 exceeded the CN Metals and Mining industry which returned 39.9% over the past year.
Return vs Market: 603799 exceeded the CN Market which returned 21.9% over the past year.
Shareholder returns
| 603799 | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.3% | 3.1% | 2.5% |
| 30 Day | 8.6% | 0.4% | 1.6% |
| 90 Day | 43.2% | 8.6% | 8.1% |
| 1 Year | 158.4%157.8% | 41.9%39.9% | 23.4%21.9% |
| 3 Year | 86.5%84.5% | 41.0%33.7% | 55.5%48.1% |
| 5 Year | 389.0%383.6% | 25.3%18.9% | 32.3%23.8% |
Long-Term Price Volatility Vs. Market
How volatile is Zhejiang Huayou Cobalt's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Zhejiang Huayou Cobalt undervalued compared to its fair value and its price relative to the market?
69.66x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 603799 (CN¥98.8) is trading above our estimate of fair value (CN¥82.68)
Significantly Below Fair Value: 603799 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 603799 is poor value based on its PE Ratio (69.7x) compared to the CN Metals and Mining industry average (28.2x).
PE vs Market: 603799 is poor value based on its PE Ratio (69.7x) compared to the CN market (32.6x).
Price to Earnings Growth Ratio
PEG Ratio: 603799 is poor value based on its PEG Ratio (3.1x)
Price to Book Ratio
PB vs Industry: 603799 is overvalued based on its PB Ratio (7.2x) compared to the CN Metals and Mining industry average (2.4x).
Future Growth
How is Zhejiang Huayou Cobalt forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
22.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 603799's forecast earnings growth (22.5% per year) is above the savings rate (3.3%).
Earnings vs Market: 603799's earnings (22.5% per year) are forecast to grow faster than the CN market (21.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 603799's revenue (18.4% per year) is forecast to grow faster than the CN market (17.4% per year).
High Growth Revenue: 603799's revenue (18.4% 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 (18.7%).
Past Performance
How has Zhejiang Huayou Cobalt performed over the past 5 years?
12.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 603799 has high quality earnings.
Growing Profit Margin: 603799's current net profit margins (7.1%) are higher than last year (1.5%).
Past Earnings Growth Analysis
Earnings Trend: 603799 has become profitable over the past 5 years, growing earnings by 12.4% per year.
Accelerating Growth: 603799's earnings growth over the past year (462.7%) exceeds its 5-year average (12.4% per year).
Earnings vs Industry: 603799 earnings growth over the past year (462.7%) exceeded the Metals and Mining industry 43.1%.
Return on Equity
High ROE: 603799's Return on Equity (8.5%) is considered low.
Financial Health
How is Zhejiang Huayou Cobalt's financial position?
Financial Position Analysis
Short Term Liabilities: 603799's short term assets (CN¥17.0B) exceed its short term liabilities (CN¥13.6B).
Long Term Liabilities: 603799's short term assets (CN¥17.0B) exceed its long term liabilities (CN¥3.0B).
Debt to Equity History and Analysis
Debt Level: 603799's debt to equity ratio (48.3%) is considered high.
Reducing Debt: 603799's debt to equity ratio has reduced from 253.1% to 48.3% over the past 5 years.
Debt Coverage: 603799's debt is well covered by operating cash flow (29.4%).
Interest Coverage: 603799's interest payments on its debt are well covered by EBIT (8.2x coverage).
Balance Sheet
Dividend
What is Zhejiang Huayou Cobalt current dividend yield, its reliability and sustainability?
0.20%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 603799's dividend (0.2%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.43%).
High Dividend: 603799's dividend (0.2%) is low compared to the top 25% of dividend payers in the CN market (1.8%).
Stability and Growth of Payments
Stable Dividend: 603799 is not paying a notable dividend for the CN market, therefore no need to check if payments are stable.
Growing Dividend: 603799 is not paying a notable dividend for the CN market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: 603799 is not paying a notable dividend for the CN market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 603799's dividend in 3 years as they are not forecast to pay a notable one for the CN market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.4yrs
Average management tenure
CEO
Hongliang Chen (48 yo)
4.92yrs
Tenure
CN¥4,173,400
Compensation
Mr. Hongliang Chen has been General Manager of Zhejiang Huayou Cobalt Co. Ltd. since July 2016 and served as its Deputy General Manager until July 2016. Mr. Chen joined at Zhejiang Huayou Cobalt Co. Ltd. i...
Leadership Team
Experienced Management: 603799's management team is considered experienced (4.4 years average tenure).
Board Members
Experienced Board: 603799's board of directors are considered experienced (3.7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 9%.
Top Shareholders
Company Information
Zhejiang Huayou Cobalt Co., Ltd's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Zhejiang Huayou Cobalt Co., Ltd
- Ticker: 603799
- Exchange: SHSE
- Founded: 2002
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CN¥119.835b
- Shares outstanding: 1.21b
- Website: https://www.huayou.com
Number of Employees
Location
- Zhejiang Huayou Cobalt Co., Ltd
- No.18, Wuzhen East Road
- Economic Development Zone
- Tongxiang
- Zhejiang Province
- 314500
- China
Listings
Biography
Zhejiang Huayou Cobalt Co., Ltd engages in the research, development, manufacture, and sale of lithium battery materials and cobalt materials in China and internationally. The company’s products include ba...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/06/24 16:11 |
| End of Day Share Price | 2021/06/24 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.