Earnings Alerts

Zhejiang Huayou Cobalt (603799) Earnings: 1H Net Income Surges to 1.67B Yuan with EPS at 1.00 Yuan

  • Company Performance: Huayou Cobalt’s net income for the first half of the year is 1.67 billion yuan.
  • Revenue Figures: The company’s total revenue for this period stands at 30.05 billion yuan.
  • Earnings Per Share (EPS): Huayou Cobalt’s earnings per share is reported as 1.00 yuan.
  • Analyst Recommendations: The company has 21 buy ratings, 1 hold rating, and 2 sell ratings from analysts.

A look at Zhejiang Huayou Cobalt Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth4
Resilience2
Momentum3
OVERALL SMART SCORE3.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Zhejiang Huayou Cobalt Company Ltd., a key player in the battery materials industry, is poised for a promising long-term future based on its Smartkarma Smart Scores. With strong ratings in Value, Dividend, and Growth, the company demonstrates solid potential for financial performance and shareholder returns. These scores suggest that Zhejiang Huayou Cobalt is well-positioned to provide value to investors while maintaining healthy dividend payouts and showing potential for growth in the market.

While the company scores lower in Resilience and Momentum, indicating some areas of concern, Zhejiang Huayou Cobalt’s overall outlook remains positive. With a focus on manufacturing, processing, and distributing battery materials and new cobalt materials, the company caters to the growing demand for renewable energy solutions. Zhejiang Huayou Cobalt’s operations in China further strengthen its position in the market, presenting opportunities for continued expansion and innovation in the evolving battery industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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