Zhejiang Zheneng Electric Power Co Ltd
SSE:600023

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Zhejiang Zheneng Electric Power Co Ltd
SSE:600023
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Price: 5.75 CNY -2.87%
Market Cap: 77.1B CNY
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Gross Margin
Zhejiang Zheneng Electric Power Co Ltd

10.4%
Current
2%
Average
34.4%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
10.4%
=
Gross Profit
9.6B
/
Revenue
92.8B

Gross Margin Across Competitors

Country CN
Market Cap 79.4B CNY
Gross Margin
10%
Country DE
Market Cap 562.9B EUR
Gross Margin
-1%
Country SA
Market Cap 284.5B SAR
Gross Margin
56%
Country US
Market Cap 48.8B USD
Gross Margin
0%
Country IN
Market Cap 3.2T INR
Gross Margin
42%
Country CN
Market Cap 207.5B CNY
Gross Margin
33%
Country CN
Market Cap 192B CNY
Gross Margin
43%
Country IN
Market Cap 2T INR
Gross Margin
44%
Country TH
Market Cap 701.1B THB
Gross Margin
19%
Country CN
Market Cap 122.4B CNY
Gross Margin
35%
Country CN
Market Cap 95.1B CNY
Gross Margin
14%
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Zhejiang Zheneng Electric Power Co Ltd
Glance View

Market Cap
77.1B CNY
Industry
Utilities

Zhejiang Zheneng Electric Power Co., Ltd. stands as a central player in China’s energy sector, woven into the fabric of Zhejiang Province's rapid economic expansion. Born out of a region characterized by its industrious progress and technological zeal, Zheneng operates primarily through its extensive network of power plants, which include coal-fired, gas-fired, and renewable energy projects. This blend of energy sources allows the company to maintain a diversified portfolio, balancing the traditional with the progressive as China transitions towards cleaner energy. Zheneng’s strategic location and its commitment to integrating with local infrastructure ensure not just the steady supply of electricity but also align it closely with China’s larger ambitions for sustainable development. The core business model of Zheneng focuses on generating and selling electricity, which it distributes to industries and residential customers across Zhejiang. The company benefits from long-term power purchase agreements and tariffs regulated by the government, providing stability amidst the fluctuating costs of energy production and consumption. Moreover, as a subsidiary of the Zhejiang Provincial Energy Group Co., Zheneng leverages its parent company's substantial resources and strategic expertise. Through continual investments in technology upgrades and capacity expansion, Zheneng aims to improve its operational efficiency and power generation capabilities. This dynamic approach not only fortifies its revenue streams but positions Zheneng as a critical enabler of the region’s socio-economic growth, underscoring its vital role in powering the ambitious engine of Zhejiang’s economy.

Intrinsic Value
8.77 CNY
Undervaluation 34%
Intrinsic Value
Price

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
10.4%
=
Gross Profit
9.6B
/
Revenue
92.8B
What is the Gross Margin of Zhejiang Zheneng Electric Power Co Ltd?

Based on Zhejiang Zheneng Electric Power Co Ltd's most recent financial statements, the company has Gross Margin of 10.4%.