company background image
6000

Zhejiang Provincial New Energy Investment Group SHSE:600032 Stock Report

Last Price

CN¥7.65

Market Cap

CN¥18.4b

7D

-1.5%

1Y

-2.7%

Updated

21 Dec, 2024

Data

Company Financials +

Zhejiang Provincial New Energy Investment Group Co., Ltd.

SHSE:600032 Stock Report

Market Cap: CN¥18.4b

My Notes

Capture your thoughts, links and company narrative

Zhejiang Provincial New Energy Investment Group Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Zhejiang Provincial New Energy Investment Group
Historical stock prices
Current Share PriceCN¥7.65
52 Week HighCN¥9.14
52 Week LowCN¥6.00
Beta0.71
1 Month Change-4.61%
3 Month Change13.17%
1 Year Change-2.67%
3 Year Change-52.48%
5 Year Changen/a
Change since IPO51.49%

Recent News & Updates

Zhejiang Provincial New Energy Investment Group (SHSE:600032) Seems To Be Using A Lot Of Debt

Nov 25
Zhejiang Provincial New Energy Investment Group (SHSE:600032) Seems To Be Using A Lot Of Debt

Market Cool On Zhejiang Provincial New Energy Investment Group Co., Ltd.'s (SHSE:600032) Earnings

Oct 23
Market Cool On Zhejiang Provincial New Energy Investment Group Co., Ltd.'s (SHSE:600032) Earnings

Slowing Rates Of Return At Zhejiang Provincial New Energy Investment Group (SHSE:600032) Leave Little Room For Excitement

Sep 24
Slowing Rates Of Return At Zhejiang Provincial New Energy Investment Group (SHSE:600032) Leave Little Room For Excitement

Recent updates

Zhejiang Provincial New Energy Investment Group (SHSE:600032) Seems To Be Using A Lot Of Debt

Nov 25
Zhejiang Provincial New Energy Investment Group (SHSE:600032) Seems To Be Using A Lot Of Debt

Market Cool On Zhejiang Provincial New Energy Investment Group Co., Ltd.'s (SHSE:600032) Earnings

Oct 23
Market Cool On Zhejiang Provincial New Energy Investment Group Co., Ltd.'s (SHSE:600032) Earnings

Slowing Rates Of Return At Zhejiang Provincial New Energy Investment Group (SHSE:600032) Leave Little Room For Excitement

Sep 24
Slowing Rates Of Return At Zhejiang Provincial New Energy Investment Group (SHSE:600032) Leave Little Room For Excitement

Here's Why Zhejiang Provincial New Energy Investment Group (SHSE:600032) Is Weighed Down By Its Debt Load

Aug 20
Here's Why Zhejiang Provincial New Energy Investment Group (SHSE:600032) Is Weighed Down By Its Debt Load

Investors Continue Waiting On Sidelines For Zhejiang Provincial New Energy Investment Group Co., Ltd. (SHSE:600032)

Jun 27
Investors Continue Waiting On Sidelines For Zhejiang Provincial New Energy Investment Group Co., Ltd. (SHSE:600032)

Here's What To Make Of Zhejiang Provincial New Energy Investment Group's (SHSE:600032) Decelerating Rates Of Return

May 31
Here's What To Make Of Zhejiang Provincial New Energy Investment Group's (SHSE:600032) Decelerating Rates Of Return

Zhejiang Provincial New Energy Investment Group (SHSE:600032) Takes On Some Risk With Its Use Of Debt

Apr 30
Zhejiang Provincial New Energy Investment Group (SHSE:600032) Takes On Some Risk With Its Use Of Debt

Investors Appear Satisfied With Zhejiang Provincial New Energy Investment Group Co., Ltd.'s (SHSE:600032) Prospects

Feb 27
Investors Appear Satisfied With Zhejiang Provincial New Energy Investment Group Co., Ltd.'s (SHSE:600032) Prospects

Shareholder Returns

600032CN Renewable EnergyCN Market
7D-1.5%0.04%-1.2%
1Y-2.7%16.7%11.8%

Return vs Industry: 600032 underperformed the CN Renewable Energy industry which returned 16.7% over the past year.

Return vs Market: 600032 underperformed the CN Market which returned 11.8% over the past year.

Price Volatility

Is 600032's price volatile compared to industry and market?
600032 volatility
600032 Average Weekly Movement5.2%
Renewable Energy Industry Average Movement5.4%
Market Average Movement8.7%
10% most volatile stocks in CN Market12.8%
10% least volatile stocks in CN Market5.7%

Stable Share Price: 600032 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 600032's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2002845n/an/a

Zhejiang Provincial New Energy Investment Group Co., Ltd. engages in the investment, development, construction, operation, and management of renewable energy projects in China. It is involved in hydropower, solar power, and wind power generation, as well as hydrogen energy equipment projects.

Zhejiang Provincial New Energy Investment Group Co., Ltd. Fundamentals Summary

How do Zhejiang Provincial New Energy Investment Group's earnings and revenue compare to its market cap?
600032 fundamental statistics
Market capCN¥18.40b
Earnings (TTM)CN¥715.61m
Revenue (TTM)CN¥4.95b

25.7x

P/E Ratio

3.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
600032 income statement (TTM)
RevenueCN¥4.95b
Cost of RevenueCN¥2.54b
Gross ProfitCN¥2.41b
Other ExpensesCN¥1.69b
EarningsCN¥715.61m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.30
Gross Margin48.66%
Net Profit Margin14.47%
Debt/Equity Ratio157.1%

How did 600032 perform over the long term?

See historical performance and comparison

Dividends

1.5%

Current Dividend Yield

42%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 14:46
End of Day Share Price 2024/12/20 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 Provincial New Energy Investment Group Co., Ltd. is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yongkang DengMinsheng Securities Co.
Jiayuan YanMinsheng Securities Co.