How does 603799's PE Ratio compare to its peers?

603799 is good value based on its Price-To-Earnings Ratio (16.2x) compared to the peer average (18.8x).

How does 603799's PE Ratio compare vs other companies in the CN Electrical Industry?

603799 is good value based on its Price-To-Earnings Ratio (16.2x) compared to the CN Electrical industry average (35.7x).

What is 603799's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

603799 is good value based on its Price-To-Earnings Ratio (16.2x) compared to the estimated Fair Price-To-Earnings Ratio (25.9x).

What is the Fair Price of 603799 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

603799 (CN¥32.43) is trading below our estimate of [[fair value]] (CN¥64.05)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is less than 20% higher than the current share price.

Zhejiang Huayou Cobalt (SHSE:603799) - Stock Price, News & Analysis

603799 Stock Overview

Engages in the research, development, manufacture, and sale of lithium battery materials and cobalt materials in China and internationally. More details

603799 fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	2/6
Past Performance	2/6
Financial Health	2/6
Dividends	4/6

Rewards

Trading at 49.4% below our estimate of its fair value

Earnings are forecast to grow 16.65% per year

Trading at good value compared to peers and industry

Risk Analysis

Debt is not well covered by operating cash flow

Dividend of 3.08% is not well covered by free cash flows

Zhejiang Huayou Cobalt Co., Ltd Competitors

Sieyuan Electric

SZSE:002028

CN¥59.6b

Zhejiang Chint Electrics

SHSE:601877

CN¥47.3b

TBEA

SHSE:600089

CN¥67.9b

Ningbo Sanxing Medical ElectricLtd

SHSE:601567

CN¥45.4b

Price History & Performance

Summary of all time highs, changes and price drops for Zhejiang Huayou Cobalt
Historical stock prices
Current Share Price	CN¥32.43
52 Week High	CN¥39.21
52 Week Low	CN¥20.82
Beta	1.55
11 Month Change	5.29%
3 Month Change	50.77%
1 Year Change	-5.15%
33 Year Change	-66.75%
5 Year Change	38.27%
Change since IPO	1,016.88%

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

Nov 19

Is Zhejiang Huayou Cobalt Co., Ltd (SHSE:603799) Trading At A 49% Discount?

Nov 05

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

Oct 22

Recent updates

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

Nov 19

Is Zhejiang Huayou Cobalt Co., Ltd (SHSE:603799) Trading At A 49% Discount?

Nov 05

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

Shareholder Returns

	603799	CN Electrical	CN Market
7D	-3.6%	-1.0%	-0.9%
1Y	-5.1%	16.2%	5.4%

Return vs Industry: 603799 underperformed the CN Electrical industry which returned 16.2% over the past year.

Return vs Market: 603799 underperformed the CN Market which returned 5.4% over the past year.

Price Volatility

Is 603799's price volatile compared to industry and market?
603799 volatility
603799 Average Weekly Movement	8.6%
Electrical Industry Average Movement	8.7%
Market Average Movement	8.3%
10% most volatile stocks in CN Market	12.6%
10% least volatile stocks in CN Market	5.6%

Stable Share Price: 603799 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 603799's weekly volatility (9%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2002	29,548	Hongliang Chen	www.huayou.com

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 lithium battery cathode material products; precursor products; cobalt nickel lithium new material products; and copper products. The company was founded in 2002 and is headquartered in Tongxiang, China.

Zhejiang Huayou Cobalt Co., Ltd Fundamentals Summary

How do Zhejiang Huayou Cobalt's earnings and revenue compare to its market cap?
603799 fundamental statistics
Market cap	CN¥54.30b
Earnings (TTM)	CN¥3.36b
Revenue (TTM)	CN¥60.70b

16.2x

P/E Ratio

0.9x

P/S Ratio

Is 603799 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
603799 income statement (TTM)
Revenue	CN¥60.70b
Cost of Revenue	CN¥51.35b
Gross Profit	CN¥9.36b
Other Expenses	CN¥6.00b
Earnings	CN¥3.36b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	2.01
Gross Margin	15.41%
Net Profit Margin	5.53%
Debt/Equity Ratio	130.3%

How did 603799 perform over the long term?

See historical performance and comparison

Dividends

3.1%

Current Dividend Yield

50%

Payout Ratio

603799 Stock Overview

Rewards

Risk Analysis

Zhejiang Huayou Cobalt Co., Ltd Competitors

SZSE:002028

CN¥59.6b

SHSE:601877

CN¥47.3b

SHSE:600089

CN¥67.9b

SHSE:601567

CN¥45.4b

Price History & Performance

Recent News & Updates

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

Investor sentiment improves as stock rises 18%

Is Zhejiang Huayou Cobalt Co., Ltd (SHSE:603799) Trading At A 49% Discount?

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)

Recent updates

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

Investor sentiment improves as stock rises 18%

Is Zhejiang Huayou Cobalt Co., Ltd (SHSE:603799) Trading At A 49% Discount?

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