Zhejiang Zheneng Electric Power Co., Ltd.

SHSE:600023 Stock Report

Market Cap: CN¥78.6b

Zhejiang Zheneng Electric Power Future Growth

Future criteria checks 1/6

Zhejiang Zheneng Electric Power is forecast to grow earnings and revenue by 8.8% and 2.7% per annum respectively. EPS is expected to grow by 8.3% per annum. Return on equity is forecast to be 11.1% in 3 years.

Key information

8.8%

Earnings growth rate

8.3%

EPS growth rate

Renewable Energy earnings growth10.6%
Revenue growth rate2.7%
Future return on equity11.1%
Analyst coverage

Good

Last updated06 Nov 2024

Recent future growth 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

Earnings and Revenue Growth Forecasts

SHSE:600023 - Analysts future estimates and past financials data (CNY Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202698,4589,06914,21715,2976
12/31/202594,6298,63312,13714,9696
12/31/202492,8577,99911,38213,7766
9/30/202492,7657,2576,06316,109N/A
6/30/202494,4117,6685,91715,490N/A
3/31/202498,3507,3245,36314,555N/A
12/31/202395,9756,5202,44711,477N/A
9/30/202388,8173,683-4,3802,558N/A
6/30/202386,001556-6,542492N/A
3/31/202379,528-1,444-7,476-1,288N/A
12/31/202280,195-1,827-5,413224N/A
9/30/202281,548-2,645-5,384591N/A
6/30/202277,206-2,925-5,636-862N/A
3/31/202274,932-1,263-4,161658N/A
12/31/202171,076-837-3,866846N/A
9/30/202165,1993,1393,7386,909N/A
6/30/202159,1595,5476,1609,646N/A
3/31/202157,4496,5805,3879,026N/A
12/31/202051,6846,0866,92610,128N/A
9/30/202051,6125,8744,9947,274N/A
6/30/202050,7924,8105,0897,448N/A
3/31/202049,8753,7867,3399,038N/A
12/31/201954,3714,2937,2759,028N/A
9/30/201953,2513,9086,2697,991N/A
6/30/201954,7594,1946,6618,217N/A
3/31/201956,9124,5305,0246,627N/A
12/31/201856,6344,0364,6836,774N/A
9/30/201856,6454,3485,2429,641N/A
6/30/201856,3334,368N/A8,209N/A
3/31/201853,1313,926N/A9,438N/A
12/31/201751,1914,334N/A10,033N/A
9/30/201748,0724,121N/A9,223N/A
6/30/201743,9634,373N/A10,142N/A
3/31/201742,0325,731N/A11,420N/A
12/31/201639,1776,222N/A13,331N/A
9/30/201639,6897,191N/A12,748N/A
6/30/201637,9817,232N/A12,835N/A
3/31/201638,1647,181N/A12,425N/A
12/31/201539,6886,976N/A12,656N/A
9/30/201542,5067,345N/A12,122N/A
6/30/201544,4096,866N/A14,140N/A
3/31/201544,5766,028N/A12,397N/A
12/31/201444,1795,964N/A10,423N/A
9/30/201443,4635,148N/A11,132N/A
6/30/201449,1635,827N/A11,498N/A
3/31/201452,6675,962N/A13,096N/A
12/31/201353,9165,757N/A13,262N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 600023's forecast earnings growth (8.8% per year) is above the savings rate (2.8%).

Earnings vs Market: 600023's earnings (8.8% per year) are forecast to grow slower than the CN market (25.6% per year).

High Growth Earnings: 600023's earnings are forecast to grow, but not significantly.

Revenue vs Market: 600023's revenue (2.7% per year) is forecast to grow slower than the CN market (13.7% per year).

High Growth Revenue: 600023's revenue (2.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 600023's Return on Equity is forecast to be low in 3 years time (11.1%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 10:52
End of Day Share Price 2024/12/18 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