Zhejiang Zheneng Electric Power Co., Ltd. (600023.SS)
Hangzhou, ZJ, 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. The company also engages in gas power generation, integrated energy and other businesses; coal-fired generation; shipping and port management services; and engineering maintenance, as well as power equipment and engineering, and trading business. Zhejiang Zheneng Electric Power Co., Ltd. was formerly known as Zhejiang Electric Power Development. The company was founded in 1985 and is headquartered in Hangzhou, China. Zhejiang Zheneng Electric Power Co., Ltd. operates as a subsidiary of Zhejiang Provincial Energy Group Company Ltd.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +6.07% | +13.11% | +13.51% | +21.39% | +28.63% | +30.71% | +20.93% | +26.61% | +77.26% | +25.15% | -5.27% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2024-11 | Change |
|---|---|---|
| Strong Buy | 0 | 0 |
| Buy | 0 | 0 |
| Hold | 0 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Regulated Electric: +9.0%-9.8% Q1'26: -11.0% (vs Q1'25)
-
EPS growth Regulated Electric: +12.7%-3.5% Q1'26: -11.8% (vs Q1'25)
-
FCF margin FCF growth · Regulated Electric: +35.5%+2.9% Q1'26: +20.5% (vs Q1'25)
-
EBIT margin Regulated Electric: +19.9%+8.1% Q1'26: +1.1% (vs Q1'25)
-
ROIC Regulated Electric: +4.4%+4.7% ★ Q1'26: +0.5% (vs Q1'25)
-
Share dilution Regulated Electric: +0.0%+0.3% Q1'26: -0.2% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Regulated Electric: 4.23×2.93× ★ Q1'26: 68.07× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Dec 2015 actual |
Dec 2016 actual |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 2 Rev. Ana. 2 EPS Ana. |
Dec 2027 3 Rev. Ana. 3 EPS Ana. |
Dec 2028 2 Rev. Ana. 2 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
39.69B
est: 41.62B (-4.6%)
|
39.18B
est: 45.27B (-13.5%)
|
51.19B
est: 48.88B (+4.7%)
|
56.63B
est: 55.94B (+1.2%)
|
54.37B
est: 51.78B (+5.0%)
|
51.68B
est: 52.54B (-1.6%)
|
71.08B
est: 64.25B (+10.6%)
|
80.19B
est: 84.37B (-5.0%)
|
95.98B
est: 94.41B (+1.7%)
|
88.00B
est: 88.00B (+0.0%)
|
79.37B
est: 83.86B (-5.4%)
|
76.53B
75.54B – 77.52B
-8.7% YoY
|
78.24B
76.03B – 81.68B
+2.2% YoY
|
79.72B
78.32B – 81.13B
+1.9% YoY
|
| EBITDA |
13.93B
est: 4.26B (+227.1%)
|
12.43B
est: 4.63B (+168.5%)
|
9.74B
est: 5.00B (+94.7%)
|
9.23B
est: 5.72B (+61.3%)
|
10.35B
est: 5.30B (+95.4%)
|
10.99B
est: 5.37B (+104.4%)
|
1.78B
est: 6.57B (-72.9%)
|
103.41M
est: 8.63B (-98.8%)
|
11.58B
est: 33.02B (-64.9%)
|
13.37B
est: 30.78B (-56.6%)
|
13.54B
est: 29.33B (-53.8%)
|
26.77B
26.42B – 27.11B
-8.7% YoY
|
27.36B
26.59B – 28.57B
+2.2% YoY
|
27.88B
27.39B – 28.37B
+1.9% YoY
|
| EBIT |
8.57B
est: 968.46M (+785.0%)
|
6.89B
est: 1.05B (+554.2%)
|
4.07B
est: 1.14B (+257.8%)
|
3.31B
est: 1.30B (+154.3%)
|
4.65B
est: 1.20B (+285.9%)
|
5.36B
est: 1.22B (+338.1%)
|
-3.93B
est: 1.50B (-362.7%)
|
-5.57B
est: 1.96B (-383.8%)
|
5.50B
est: 24.26B (-77.3%)
|
7.06B
est: 22.61B (-68.8%)
|
6.39B
est: 21.55B (-70.4%)
|
19.66B
19.41B – 19.92B
-8.7% YoY
|
20.10B
19.53B – 20.98B
+2.2% YoY
|
20.48B
20.12B – 20.84B
+1.9% YoY
|
| Net Income |
6.98B
est: 7.89B (-11.5%)
|
6.22B
est: 6.82B (-8.7%)
|
4.33B
est: 4.21B (+2.9%)
|
4.04B
est: 4.68B (-13.7%)
|
4.29B
est: 4.28B (+0.4%)
|
6.09B
est: 5.75B (+5.9%)
|
-836.73M
est: 5.21B (-116.0%)
|
-1.83B
est: -1.87B (+2.4%)
|
6.52B
est: 7.67B (-15.0%)
|
7.75B
est: 7.68B (+0.9%)
|
7.53B
est: 7.14B (+5.4%)
|
5.67B
5.36B – 5.90B
-20.6% YoY
|
7.06B
5.91B – 7.38B
+24.5% YoY
|
7.49B
6.70B – 8.31B
+6.0% YoY
|
| SGA |
1.25B
est: 1.01B (+24.0%)
|
1.42B
est: 1.09B (+29.6%)
|
1.43B
est: 1.18B (+21.2%)
|
1.42B
est: 1.35B (+4.8%)
|
1.49B
est: 1.25B (+19.5%)
|
1.45B
est: 1.27B (+14.5%)
|
1.57B
est: 1.55B (+1.0%)
|
1.64B
est: 2.04B (-19.5%)
|
2.21B
est: 2.28B (-2.8%)
|
2.38B
est: 2.12B (+12.4%)
|
2.21B
est: 2.02B (+9.4%)
|
1.85B
1.82B – 1.87B
-8.7% YoY
|
1.89B
1.83B – 1.97B
+2.2% YoY
|
1.92B
1.89B – 1.96B
+1.9% YoY
|
| EPS |
0.54
est: 0.59 (-8.5%)
|
0.46
est: 0.51 (-9.8%)
|
0.32
est: 0.32 (+1.6%)
|
0.30
est: 0.35 (-14.3%)
|
0.32
est: 0.32 (-1.3%)
|
0.45
est: 0.43 (+4.1%)
|
-0.06
est: 0.39 (-115.9%)
|
-0.14
est: -0.14 (+2.6%)
|
0.49
est: 0.57 (-14.0%)
|
0.58
est: 0.57 (+1.8%)
|
0.56
est: 0.53 (+5.7%)
|
0.42
0.40 – 0.44
-20.8% YoY
|
0.48
0.44 – 0.55
+15.1% YoY
|
0.56
0.50 – 0.62
+15.9% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-29 | A- | 4/5 | 1/5 | 3/5 | 5/5 | 3/5 | 4/5 | 4/5 |
| 2026-05-28 | A- | 4/5 | 1/5 | 3/5 | 5/5 | 3/5 | 4/5 | 4/5 |
| 2026-05-27 | A- | 4/5 | 1/5 | 3/5 | 5/5 | 3/5 | 4/5 | 4/5 |
| 2026-05-26 | A- | 4/5 | 1/5 | 3/5 | 5/5 | 3/5 | 4/5 | 4/5 |
| 2026-05-25 | A- | 4/5 | 1/5 | 3/5 | 5/5 | 3/5 | 4/5 | 4/5 |
| 2026-05-22 | A- | 4/5 | 1/5 | 3/5 | 5/5 | 3/5 | 4/5 | 4/5 |
| 2026-05-21 | A- | 4/5 | 1/5 | 3/5 | 5/5 | 3/5 | 4/5 | 4/5 |
| 2026-05-20 | A- | 4/5 | 1/5 | 3/5 | 5/5 | 3/5 | 4/5 | 4/5 |
| 2026-05-19 | A- | 4/5 | 1/5 | 4/5 | 5/5 | 3/5 | 4/5 | 4/5 |
| 2026-05-18 | A- | 4/5 | 1/5 | 4/5 | 5/5 | 3/5 | 4/5 | 4/5 |
| 2026-05-15 | A- | 4/5 | 1/5 | 4/5 | 5/5 | 3/5 | 4/5 | 4/5 |
| 2026-05-14 | A- | 4/5 | 1/5 | 4/5 | 5/5 | 3/5 | 4/5 | 4/5 |
| 2026-05-13 | A- | 4/5 | 1/5 | 3/5 | 5/5 | 3/5 | 4/5 | 4/5 |
| 2026-05-12 | A- | 4/5 | 1/5 | 3/5 | 5/5 | 3/5 | 4/5 | 4/5 |
| 2026-05-11 | A- | 4/5 | 1/5 | 4/5 | 5/5 | 3/5 | 4/5 | 4/5 |
| 2026-05-08 | A- | 4/5 | 1/5 | 3/5 | 5/5 | 3/5 | 4/5 | 4/5 |
| 2026-05-07 | A- | 4/5 | 1/5 | 3/5 | 5/5 | 3/5 | 4/5 | 4/5 |
| 2026-05-06 | A- | 4/5 | 1/5 | 3/5 | 5/5 | 3/5 | 4/5 | 4/5 |
| 2026-04-30 | A- | 4/5 | 1/5 | 4/5 | 5/5 | 3/5 | 4/5 | 4/5 |
| 2026-04-29 | A- | 4/5 | 1/5 | 3/5 | 5/5 | 3/5 | 4/5 | 4/5 |
| 2026-04-28 | A- | 4/5 | 1/5 | 3/5 | 5/5 | 3/5 | 4/5 | 4/5 |
| 2026-04-27 | A | 4/5 | 4/5 | 3/5 | 5/5 | 2/5 | 4/5 | 4/5 |
| 2026-04-24 | A | 4/5 | 4/5 | 3/5 | 5/5 | 2/5 | 4/5 | 4/5 |
| 2026-04-23 | A | 4/5 | 4/5 | 3/5 | 5/5 | 2/5 | 4/5 | 4/5 |
| 2026-04-22 | A | 4/5 | 4/5 | 3/5 | 5/5 | 2/5 | 4/5 | 4/5 |
| 2026-04-21 | A | 4/5 | 4/5 | 3/5 | 5/5 | 2/5 | 4/5 | 4/5 |
| 2026-04-20 | A | 4/5 | 4/5 | 3/5 | 5/5 | 2/5 | 4/5 | 4/5 |
| 2026-04-17 | A | 4/5 | 4/5 | 3/5 | 5/5 | 2/5 | 4/5 | 4/5 |
| 2026-04-16 | A | 4/5 | 4/5 | 3/5 | 5/5 | 2/5 | 4/5 | 4/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | Invesco MSCI China Technology All Shares Stock Connect UCITS ETF MCHT.L | 0.21% | 336.7K | 0.49% |
| 2 | Invesco FTSE Emerging Markets High Dividend Low Volatility UCITS ETF EMHD.L | 0.21% | 582.4K | 0.49% |
| 3 | HSBC MSCI China A UCITS ETF HMCT.L | 0.16% | 208.8K | 0.30% |
| 4 | Amundi MSCI China A UCITS ETF Acc CNAA.L | 0.11% | 157.1K | 0.35% |
| 5 | iShares MSCI China A ETF CNYA | 0.10% | 241.8K | 0.60% |
| 6 | iShares MSCI China A UCITS ETF CNYE.MI | 0.10% | 103.2K | 0.45% |
| 7 | iShares MSCI China A UCITS ETF CNYA.L | 0.10% | 3.13M | 0.40% |
| 8 | Xtrackers MSCI China A UCITS ETF 1C XX2D.L | 0.10% | 132.4K | 0.35% |
| 9 | Xtrackers Harvest CSI 300 China A-Shares ETF ASHR | 0.09% | 1.23M | 0.65% |
| 10 | JPMorgan Diversified Return Emerging Markets Equity ETF JPEM | 0.09% | 338.8K | 0.44% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Hao Wu | Deputy General Manager | — | male |
| Hongfang Liu | Deputy GM & Safety Director | — | male |
| Juntao Hu | Deputy GM & Chief Financial Officer | — | male |
| Lu Cao | Vice Chairman | — | male |
| Weimin Liu | General Manager | — | male |
| Weiyang Xie | Chief Engineer | — | male |
| Xiaoming Fang | Head of Accounting Dept & Accounting Supervisor | — | — |
| Zheng Wei | Board Secretary | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for 600023.SS
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

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