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Zhejiang Zheneng Electric Power SHSE:600023 Stock Report

Last Price

CN¥5.75

Market Cap

CN¥77.1b

7D

-2.2%

1Y

25.8%

Updated

17 Nov, 2024

Data

Company Financials +

Zhejiang Zheneng Electric Power Co., Ltd.

SHSE:600023 Stock Report

Market Cap: CN¥77.1b

Zhejiang Zheneng Electric Power Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Zhejiang Zheneng Electric Power
Historical stock prices
Current Share PriceCN¥5.75
52 Week HighCN¥7.85
52 Week LowCN¥4.30
Beta0.22
11 Month Change-6.96%
3 Month Change-14.18%
1 Year Change25.82%
33 Year Change55.41%
5 Year Change51.32%
Change since IPO-15.82%

Recent News & Updates

Recent updates

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
7D-2.2%-2.7%-3.9%
1Y25.8%14.0%4.0%

Return vs Industry: 600023 exceeded the CN Renewable Energy industry which returned 14% over the past year.

Return vs Market: 600023 exceeded the CN Market which returned 4% over the past year.

Price Volatility

Is 600023's price volatile compared to industry and market?
600023 volatility
600023 Average Weekly Movement4.8%
Renewable Energy Industry Average Movement5.4%
Market Average Movement8.2%
10% most volatile stocks in CN Market12.5%
10% least volatile stocks in CN Market5.6%

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¥77.10b
Earnings (TTM)CN¥7.26b
Revenue (TTM)CN¥92.76b

10.6x

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