Zhejiang Zheneng Electric Power Co Ltd
SSE:600023

Watchlist Manager
Zhejiang Zheneng Electric Power Co Ltd Logo
Zhejiang Zheneng Electric Power Co Ltd
SSE:600023
Watchlist
Price: 5.75 CNY -2.87%
Market Cap: 77.1B CNY
Have any thoughts about
Zhejiang Zheneng Electric Power Co Ltd?
Write Note

Net Margin
Zhejiang Zheneng Electric Power Co Ltd

7.8%
Current
2%
Average
8.3%
Industry

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
7.8%
=
Net Income
7.3B
/
Revenue
92.8B

Net Margin Across Competitors

Country CN
Market Cap 79.4B CNY
Net Margin
8%
Country DE
Market Cap 562.9B EUR
Net Margin
-7%
Country SA
Market Cap 284.5B SAR
Net Margin
31%
Country US
Market Cap 48.8B USD
Net Margin
11%
Country IN
Market Cap 3.2T INR
Net Margin
12%
Country CN
Market Cap 207.5B CNY
Net Margin
13%
Country CN
Market Cap 192B CNY
Net Margin
13%
Country IN
Market Cap 2T INR
Net Margin
23%
Country TH
Market Cap 701.1B THB
Net Margin
16%
Country CN
Market Cap 122.4B CNY
Net Margin
12%
Country CN
Market Cap 95.1B CNY
Net Margin
1%
No Stocks Found

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

Discover More
What is Net Margin?

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
7.8%
=
Net Income
7.3B
/
Revenue
92.8B
What is the Net Margin of Zhejiang Zheneng Electric Power Co Ltd?

Based on Zhejiang Zheneng Electric Power Co Ltd's most recent financial statements, the company has Net Margin of 7.8%.