Zhejiang Huayou Cobalt Co., Ltd
603799
Rank in Stocks
#2270
Zhejiang Huayou Cobalt Co., Ltd, established in 2002 and based in Tongxiang,... Zhejiang Huayou Cobalt Co., Ltd, established in 2002 and based in Tongxiang, China, is an international enterprise focused on the development, manufacturing, and global distribution of materials essential for lithium batteries and various cobalt-based products. The company's extensive product range includes battery-grade cobalt tetroxide, cobalt sulfate, and cobalt hydroxide, alongside iron phosphate, ferric phosphate, lithium carbonate, and ternary precursors crucial for battery production. Beyond these, their offerings extend to electrodeposited copper, copper oxide, and different forms of cobalt, such as cobalt trioxide and cobalt cathodes. These materials are indispensable across diverse sectors, being integral to Li-ion battery cathodes, high-temperature alloys used in aviation and aerospace, cemented carbides, and as coloring agents and glazes. Moreover, their products play a vital role in rubber adhesives, petrochemical catalysts, magnetic materials, glass manufacturing, and the production of dyes, paints, anti-wrinkle agents, and fireworks.
Share Price
$4.67
Market Cap
$8.85B
Change (1 day)
-0.98%
Change (1 year)
-45.01%
Country
CN
Trade Zhejiang Huayou Cobalt Co., Ltd (603799)
Category
Basic Materials
P/E ratio for Zhejiang Huayou Cobalt Co., Ltd (603799)
P/E ratio as of October 2026 TTM: 8.56
According to Zhejiang Huayou Cobalt Co., Ltd latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.56. At the end of 2023 the company had a P/E ratio of 16.06.
P/E ratio history for Zhejiang Huayou Cobalt Co., Ltd from 2008 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 8.56 | -26.85% |
| 2024 | 11.70 | -27.14% |
| 2023 | 16.06 | -29.02% |
| 2022 | 22.63 | -33.32% |
| 2021 | 33.94 | -55.92% |
| 2020 | 76.99 | -78.50% |
| 2019 | 358.09 | 2,154.44% |
| 2018 | 15.88 | -36.77% |
| 2017 | 25.12 | -90.70% |
| 2016 | 270.09 | -584.66% |
| 2015 | -55.73 | -368.07% |
| 2014 | 20.79 | -15.17% |
| 2013 | 24.51 | 32.16% |
| 2012 | 18.54 | 8.10% |
| 2011 | 17.15 | 0.00% |
| 2010 | 17.15 | -37.50% |
| 2009 | 27.45 | -36.00% |
| 2008 | 42.88 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 20.37 | 138.05% |
AU
|
|
| - | - |
MX
|
|
| 30.58 | 257.31% |
SA
|
|
| - | - |
BR
|
|
| - | - |
CN
|
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.