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Zhejiang Provincial New Energy Investment Group Co Ltd Class A 600032

Morningstar Rating
CNY 7.54 +0.05 (0.67%)
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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

600032 is trading at a 26% discount.
Price
CNY 7.57
Fair Value
CNY 72.82
Uncertainty
Very High
1-Star Price
CNY 97.52
5-Star Price
CNY 8.15
Economic Moat
Btlh
Capital Allocation
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Trading Information

Previous Close Price
CNY 7.49
Day Range
CNY 7.487.65
52-Week Range
CNY 6.0013.65
Bid/Ask
CNY 7.54 / CNY 7.55
Market Cap
CNY 18.13 Bil
Volume/Avg
12.1 Mil / 9.1 Mil

Key Statistics

Price/Earnings (Normalized)
28.59
Price/Sales
3.86
Dividend Yield (Trailing)
0.92%
Dividend Yield (Forward)
0.92%
Total Yield
0.92%

Company Profile

Zhejiang Provincial New Energy Investment Group Co Ltd is engaged in the investment, development, construction and operation management of renewable energy projects such as hydropower, photovoltaic power generation, and wind power generation.
Sector
Utilities
Industry
Utilities - Renewable
Stock Style Box
Mid Core
Total Number of Employees
845
Website

Comparables

Valuation

Metric
600032
001258
600905
Price/Earnings (Normalized)
28.5947.7819.63
Price/Book Value
1.482.031.58
Price/Sales
3.865.984.88
Price/Cash Flow
7.1913.338.89
Price/Earnings
600032
001258
600905

Financial Strength

Metric
600032
001258
600905
Quick Ratio
1.352.031.12
Current Ratio
1.472.191.27
Interest Coverage
2.141.713.21
Quick Ratio
600032
001258
600905

Profitability

Metric
600032
001258
600905
Return on Assets (Normalized)
1.27%1.37%2.40%
Return on Equity (Normalized)
5.70%4.45%8.65%
Return on Invested Capital (Normalized)
3.29%3.15%4.35%
Return on Assets
600032
001258
600905
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Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
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OEZVY
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OEZVF
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DNNGY
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DOGEF
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CZAVF
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EBR.B
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BEP
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BEPC
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