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Zhejiang Zheneng Electric Power Co Ltd Class A 600023

Morningstar Rating
CNY 7.63 −0.15 (1.93%)
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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

600023 is trading at a 680% premium.
Price
CNY 7.75
Fair Value
CNY 5.38
Uncertainty
High
1-Star Price
CNY 7.14
5-Star Price
CNY 5.89
Economic Moat
Mfjn
Capital Allocation
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Trading Information

Previous Close Price
CNY 7.53
Day Range
CNY 7.457.65
52-Week Range
CNY 4.097.85
Bid/Ask
CNY 7.62 / CNY 7.63
Market Cap
CNY 102.31 Bil
Volume/Avg
40.1 Mil / 62.7 Mil

Key Statistics

Price/Earnings (Normalized)
14.21
Price/Sales
1.06
Dividend Yield (Trailing)
3.28%
Dividend Yield (Forward)
3.28%
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
605162
605580
Price/Earnings (Normalized)
14.2121.0419.84
Price/Book Value
1.502.132.53
Price/Sales
1.063.023.00
Price/Cash Flow
7.1613.1621.00
Price/Earnings
600023
605162
605580

Financial Strength

Metric
600023
605162
605580
Quick Ratio
1.108.480.91
Current Ratio
1.369.411.21
Interest Coverage
7.1916.5625.71
Quick Ratio
600023
605162
605580

Profitability

Metric
600023
605162
605580
Return on Assets (Normalized)
4.87%8.39%9.38%
Return on Equity (Normalized)
10.70%11.60%13.31%
Return on Invested Capital (Normalized)
6.46%9.31%10.56%
Return on Assets
600023
605162
605580
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