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Zhejiang Huayou Cobalt Co., Ltd is currently in a long term uptrend where the price is trading 69.1% above its 200 day moving average.
From a valuation standpoint, the stock is 2.9% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 3.9.
Zhejiang Huayou Cobalt Co., Ltd's total revenue rose by 31.4% to $6B since the same quarter in the previous year.
Its net income has increased by 1685.9% to $478M since the same quarter in the previous year.
Finally, its free cash flow fell by 112.3% to $-61M since the same quarter in the previous year.
Based on the above factors, Zhejiang Huayou Cobalt Co., Ltd gets an overall score of 4/5.
| ISIN | CNE100001VW3 |
|---|---|
| CurrencyCode | CNY |
| Exchange | SHG |
| Industry | Other Industrial Metals & Mining |
| Sector | Basic Materials |
| Target Price | 85.35 |
|---|---|
| Beta | 1.47 |
| PE Ratio | 19.79 |
| Market Cap | 91B |
| Dividend Yield | 0.5% |
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 battery grade cobalt tetroxide and cobalt sulfate, and cobalt oxide; electrodeposited copper and copper oxide; cobalt trioxide, cobalt cathode, cobalt hydroxide battery grade, iron phosphate, and ferric phosphate; and Li carbonic acid and ternary precursors. Its products are used for Li-ion battery cathode material, high temperature alloy for aviation and aerospace, cemented carbide, colorant and glaze material, rubber adhesive, petrochemical catalysts, magnetic materials, glass, as well as used in the manufacture of dyes, paint, anti-wrinkle, and fireworks. The company was founded in 2002 and is headquartered in Tongxiang, China.
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