Skip to Content

Zhejiang Zheneng Electric Power Co Ltd Class A 600023

Morningstar Rating
CNY 6.29 +0.13 (2.11%)
View Full Chart
Unlock our analysis with Morningstar Investor

About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

600023 is trading at a 764% premium.
Price
CNY 6.31
Fair Value
CNY 8.67
Uncertainty
High
1-Star Price
CNY 9.58
5-Star Price
CNY 8.76
Economic Moat
Xgsv
Capital Allocation
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if 600023 is a good fit for your portfolio.

Trading Information

Previous Close Price
CNY 6.16
Day Range
CNY 6.146.30
52-Week Range
CNY 4.096.89
Bid/Ask
CNY 6.29 / CNY 6.30
Market Cap
CNY 84.34 Bil
Volume/Avg
100.2 Mil / 63.8 Mil

Key Statistics

Price/Earnings (Normalized)
11.21
Price/Sales
0.84
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

Zhejiang Zheneng Electric Power Co Ltd is engaged in the thermal power generation business in China. It also provides thermal products, as well as invests in nuclear power. The company has expanded its investment scale in the power production field year by year.
Sector
Utilities
Industry
Utilities - Independent Power Producers
Stock Style Box
Large Core
Total Number of Employees
9,897

Comparables

Valuation

Metric
600023
600719
605162
Price/Earnings (Normalized)
11.2123.35
Price/Book Value
1.185.722.36
Price/Sales
0.845.113.35
Price/Cash Flow
5.6514.61
Price/Earnings
600023
600719
605162

Financial Strength

Metric
600023
600719
605162
Quick Ratio
1.100.478.48
Current Ratio
1.360.499.41
Interest Coverage
7.193.4416.56
Quick Ratio
600023
600719
605162

Profitability

Metric
600023
600719
605162
Return on Assets (Normalized)
4.87%−5.95%8.39%
Return on Equity (Normalized)
10.70%−29.49%11.60%
Return on Invested Capital (Normalized)
6.46%−4.18%9.31%
Return on Assets
600023
600719
605162
See how this stock stacks up to its competitors with Morningstar Investor

Utilities - Independent Power Producers Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
VST
Vistra CorpCjnjwqzxGfh$32.5 Bil
UNPRF
Uniper SEFgdwht$25.1 Bil
HUNGF
Huaneng Power International Inc Class HNzxf$17.2 Bil
NRG
NRG Energy IncVpgmdbhyCwt$15.8 Bil
CRPJY
China Resources Power Holdings Co Ltd ADRRqbjzvzlFqfq$13.0 Bil
HGKGF
Power Assets Holdings LtdCndx$12.7 Bil
HGKGY
Power Assets Holdings Ltd ADRXtz$12.3 Bil
CPYYF
Centrica PLCMkszwcbmVtjg$9.2 Bil
CPYYY
Centrica PLC ADRBndfkwmrvWwxg$9.2 Bil
DIPGF
Datang International Power Generation Co Ltd Class HWwvk$6.5 Bil

Sponsor Center