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Zhejiang Zheneng Electric Power SHSE:600023 Stock Report

Last Price

CN¥6.70

Market Cap

CN¥88.5b

7D

2.8%

1Y

35.6%

Updated

31 May, 2024

Data

Company Financials +

Zhejiang Zheneng Electric Power Co., Ltd.

SHSE:600023 Stock Report

Market Cap: CN¥88.5b

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¥6.70
52 Week HighCN¥6.98
52 Week LowCN¥4.09
Beta0.16
1 Month Change7.54%
3 Month Change27.38%
1 Year Change35.63%
3 Year Change84.07%
5 Year Change44.71%
Change since IPO-1.91%

Recent News & Updates

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

Recent updates

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
7D2.8%3.1%-1.5%
1Y35.6%11.6%-11.8%

Return vs Industry: 600023 exceeded the CN Renewable Energy industry which returned 11.6% over the past year.

Return vs Market: 600023 exceeded the CN Market which returned -11.8% over the past year.

Price Volatility

Is 600023's price volatile compared to industry and market?
600023 volatility
600023 Average Weekly Movement5.2%
Renewable Energy Industry Average Movement4.7%
Market Average Movement6.6%
10% most volatile stocks in CN Market10.0%
10% least volatile stocks in CN Market4.1%

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

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¥88.50b
Earnings (TTM)CN¥7.32b
Revenue (TTM)CN¥98.35b

12.3x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
600023 income statement (TTM)
RevenueCN¥98.35b
Cost of RevenueCN¥88.39b
Gross ProfitCN¥9.96b
Other ExpensesCN¥2.63b
EarningsCN¥7.32b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.55
Gross Margin10.13%
Net Profit Margin7.45%
Debt/Equity Ratio58.4%

How did 600023 perform over the long term?

See historical performance and comparison

Dividends

3.7%

Current Dividend Yield

46%

Payout Ratio
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