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0.9% Earnings Growth Over 3 Years Has Not Materialized Into Gains for Zhejiang Huayou Cobalt (SHSE:603799) Shareholders Over That Period
Express News | Zhejiang Huayou Cobalt Says It Plans to Invest 203 Mln Yuan in Fund
Soochow: The supply and demand reversal in the lithium battery industry is imminent, and a bullish outlook is strong.
Soochow Securities stated that the demand in the lithium battery industry has exceeded expectations, with a non-weak season from November to December. The demand for 2025 has been revised up to over 30% growth, and the current valuation is at the profit bottom. Industry leaders are showcasing significant technological innovation and cost advantages, with profitability set to recover first. A supply-demand reversal is imminent, and there is strong bullish sentiment.
Does Zhejiang Huayou Cobalt (SHSE:603799) Have A Healthy Balance Sheet?
zhejiang huayou cobalt (603799.SH): intends to use idle funds not exceeding 0.4 billion yuan for cash management.
On November 25, Gelonghui reported that Zhejiang Huayou Cobalt (603799.SH) announced that, under the premise of ensuring the construction and use of raised funds projects, the company and its subsidiaries will use a maximum balance of no more than 0.4 billion yuan of idle raised funds for cash management at any point in time. Within the above time limit and quota, the funds can be used in a rolling manner. After cash management using idle raised funds expires, the funds will be promptly returned to the special account for raised funds.
Zhejiang Huayou Cobalt Co., Ltd's (SHSE:603799) Market Cap Dropped CN¥7.6b Last Week; Individual Investors Bore the Brunt
Zhejiang Huayou Cobalt (SHSE:603799) Stock Falls 8.8% in Past Week as One-year Earnings and Shareholder Returns Continue Downward Trend
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