以下文章来源于侃见财经 ，作者侃见财经 侃见财经 . 看见不一样的财经！ 作为国内有色金属巨头之一，一轮有色大周期结束后华友钴业进入下降通道，在业绩下滑的同时，市值最 高缩水超过了八成。但随着周期的回暖，华友钴业也已走出泥潭。 在这种背景下，华友钴业的实际控制人陈雪华身价自然也是水涨船高，根据股权穿透显示，陈雪华共持有 华友钴业19.86%股份，按照最新市值计算该部分持股市值超过248亿元。 从市场角度来看，相比于赣锋锂业的李良彬，天齐锂业的蒋卫平，陈雪华要低调很多。当然这也同新能源 爆发之下锂矿的热度较高因素相关。 周期之下，有色金属的春天已经到来。 随着黄金的暴涨，白银的上升周期也已经到来。在固态电池即将落地的大背景下，钴以及锂的景气度持续 提升。其中赣锋锂业、华友钴业等有色金属龙头，都已经走出了谷底。 从市场表现来看，"大象起舞"的故事，正在华友钴业的身上上演。 据悉，当投资者还在聚焦科技股时，华友钴业已悄然走出了主升行情。 经过了近期的股价大涨后，华友钴 业的市值也达1251亿元。 侃见财经认为，作为市场最为稳定的产品，有色金属一直以来呈现出较为明显的周期性，经过这一轮周期 的洗礼，华友钴业明显已经走 ...

Core Viewpoint - The resurgence of the non-ferrous metals sector is highlighted, particularly with the rise of cobalt and lithium prices, benefiting companies like Huayou Cobalt [1][2]. Market Performance - Huayou Cobalt's stock has shown significant resilience, with a price increase of 18.9% since September, while the Shanghai Composite Index fell by 0.77% [1]. - Over the past three months, Huayou Cobalt's stock price surged by 54.32%, leading to a market capitalization of 105.4 billion yuan [1][8]. Company Background - Huayou Cobalt was established in 2002, initially focusing on cobalt resources, and has since expanded its operations internationally, particularly in the Democratic Republic of Congo [3][4]. - The company has undergone significant transformations, evolving from a resource seller to an integrated player in the resource-refining-sales chain [4]. Cyclical Nature of the Industry - The non-ferrous metals industry, including cobalt and nickel, is characterized by strong cyclical trends, with Huayou Cobalt experiencing three notable cycles of boom and bust [5][6]. - The first cycle (2015-2017) saw cobalt prices soar due to demand from the smartphone and electronics sectors, followed by a sharp decline [5]. - The second cycle (2019-2022) was marked by a significant drop in cobalt prices due to adjustments in the new energy battery industry, leading to a drastic reduction in Huayou's profits [5]. - The third cycle began in 2023, with an oversupply in the market impacting Huayou's performance [6]. Recent Performance and Recovery - In the first half of 2023, Huayou Cobalt reported revenue of 37.2 billion yuan, a year-on-year increase of 23.78%, and a net profit of 2.711 billion yuan, up 62.26% [7][8]. - This performance marks the company's best half-year results in recent years, driven by the recovery in cobalt and nickel prices [8]. Price Trends and Future Outlook - Cobalt prices have rebounded from a low of $9.95 per pound earlier in the year, influenced by supply constraints from the Democratic Republic of Congo [9]. - Nickel, which constitutes a significant portion of Huayou's revenue, has also shown signs of recovery due to supply restrictions and rising production costs [10]. - The development of solid-state battery technology is expected to further boost nickel demand, positioning Huayou Cobalt favorably for future growth [10].