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Zhejiang Zheneng Electric Power SHSE:600023 Stock Report

Last Price

CN¥5.86

Market Cap

CN¥78.6b

7D

3.4%

1Y

26.3%

Updated

17 Dec, 2024

Data

Company Financials +

Zhejiang Zheneng Electric Power Co., Ltd.

SHSE:600023 Stock Report

Market Cap: CN¥78.6b

My Notes

Capture your thoughts, links and company narrative

Zhejiang Zheneng Electric Power Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Zhejiang Zheneng Electric Power
Historical stock prices
Current Share PriceCN¥5.86
52 Week HighCN¥7.85
52 Week LowCN¥4.30
Beta0.24
1 Month Change1.91%
3 Month Change2.99%
1 Year Change26.29%
3 Year Change47.61%
5 Year Change49.49%
Change since IPO-14.21%

Recent News & Updates

Recent updates

Here's Why We Think Zhejiang Zheneng Electric Power (SHSE:600023) Is Well Worth Watching

Dec 05
Here's Why We Think Zhejiang Zheneng Electric Power (SHSE:600023) Is Well Worth Watching

Zhejiang Zheneng Electric Power (SHSE:600023) Is Doing The Right Things To Multiply Its Share Price

Nov 18
Zhejiang Zheneng Electric Power (SHSE:600023) Is Doing The Right Things To Multiply Its Share Price

Zhejiang Zheneng Electric Power Co., Ltd. (SHSE:600023) Looks Inexpensive But Perhaps Not Attractive Enough

Oct 18
Zhejiang Zheneng Electric Power Co., Ltd. (SHSE:600023) Looks Inexpensive But Perhaps Not Attractive Enough

Zhejiang Zheneng Electric Power (SHSE:600023) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Sep 05
Zhejiang Zheneng Electric Power (SHSE:600023) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

We Like These Underlying Return On Capital Trends At Zhejiang Zheneng Electric Power (SHSE:600023)

Aug 15
We Like These Underlying Return On Capital Trends At Zhejiang Zheneng Electric Power (SHSE:600023)

We Think Zhejiang Zheneng Electric Power (SHSE:600023) Can Stay On Top Of Its Debt

Jul 04
We Think Zhejiang Zheneng Electric Power (SHSE:600023) Can Stay On Top Of Its Debt

Revenues Working Against Zhejiang Zheneng Electric Power Co., Ltd.'s (SHSE:600023) Share Price

Jun 13
Revenues Working Against Zhejiang Zheneng Electric Power Co., Ltd.'s (SHSE:600023) Share Price

Zhejiang Zheneng Electric Power (SHSE:600023) Will Be Hoping To Turn Its Returns On Capital Around

Apr 16
Zhejiang Zheneng Electric Power (SHSE:600023) Will Be Hoping To Turn Its Returns On Capital Around

Here's Why Zhejiang Zheneng Electric Power (SHSE:600023) Has A Meaningful Debt Burden

Mar 21
Here's Why Zhejiang Zheneng Electric Power (SHSE:600023) Has A Meaningful Debt Burden

Zhejiang Zheneng Electric Power Co., Ltd.'s (SHSE:600023) Shares Lagging The Industry But So Is The Business

Feb 29
Zhejiang Zheneng Electric Power Co., Ltd.'s (SHSE:600023) Shares Lagging The Industry But So Is The Business

Shareholder Returns

600023CN Renewable EnergyCN Market
7D3.4%1.5%-2.6%
1Y26.3%18.1%9.7%

Return vs Industry: 600023 exceeded the CN Renewable Energy industry which returned 18.4% over the past year.

Return vs Market: 600023 exceeded the CN Market which returned 11.3% over the past year.

Price Volatility

Is 600023's price volatile compared to industry and market?
600023 volatility
600023 Average Weekly Movement4.6%
Renewable Energy Industry Average Movement5.4%
Market Average Movement8.7%
10% most volatile stocks in CN Market12.8%
10% least volatile stocks in CN Market5.8%

Stable Share Price: 600023 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 600023's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19859,897Lu Caowww.zzepc.com.cn

Zhejiang Zheneng Electric Power Co., Ltd. engages in thermal power generation business in China and internationally. It also provides thermal products, as well as invests in nuclear power projects.

Zhejiang Zheneng Electric Power Co., Ltd. Fundamentals Summary

How do Zhejiang Zheneng Electric Power's earnings and revenue compare to its market cap?
600023 fundamental statistics
Market capCN¥78.58b
Earnings (TTM)CN¥7.26b
Revenue (TTM)CN¥92.76b

10.8x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
600023 income statement (TTM)
RevenueCN¥92.76b
Cost of RevenueCN¥82.82b
Gross ProfitCN¥9.94b
Other ExpensesCN¥2.69b
EarningsCN¥7.26b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.54
Gross Margin10.72%
Net Profit Margin7.82%
Debt/Equity Ratio54.1%

How did 600023 perform over the long term?

See historical performance and comparison

Dividends

4.3%

Current Dividend Yield

45%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/17 06:18
End of Day Share Price 2024/12/17 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Zhejiang Zheneng Electric Power Co., Ltd. is covered by 15 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Fei TongChangjiang Securities Co. LTD.
Yigong TaoChina Galaxy Securities Co., Ltd.
Jiani LiuChina International Capital Corporation Limited