Zhejiang Zheneng Electric Power stock
600023.SSSHHZhejiang Zheneng Electric Power Co., Ltd., UtilitiesISIN CNE100001SP3
51Score 51 out of 100, Neutral
Price and trend
66 / 100
Price history
+4.3% in one yearThe chart shows daily closes over 13 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Above the 200-day line: the price is 2.8% above it.
Since August 2026 the 50-day line has been below the 200-day line; the trend has turned down.
Normal: the price is neither overheated nor sold off (RSI 69).
The price is 17% below its 52-week high. Largest decline in 13 years: 79% (June 2015 to September 2022).
Chart figures for advanced users
- SMA 50$0.78
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$0.81
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)69
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$0.73
- The lowest closing price of the last twelve months.
- Resistance$1.00
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Zhejiang Zheneng Electric Power Co., Ltd. belongs to the Independent Power Producers industry (China) and, with a market value of $11.12B, is number 14 of 23 companies in its industry on MEQIRI.
- In fiscal 2025 it reported revenue of $11.9B (down 9.8% year on year) and earnings of $1.13B (down 2.9%).
- MEQIRI Score 51 out of 100 (Neutral): rank 128 of 201 in Utilities, median 54.
Show more
- The P/E is 27 (Independent Power Producers median 22.4, own median of recent years 10.8).
- Our model puts fair value at $1.04, with the price 21% below it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Analysts expect strong earnings growthUp 37.4% a year through 2028 (estimates from 2 analysts).
- Earnings turn into cashFree cash flow 135% of earnings over the last 12 months.Fundamentals 63
Weaknesses
- Dividend not coveredPayouts over the last 12 months were 149% of earnings and 147% of free cash flow.Capital allocation 41
Its standout strength is stability, while capital allocation and profitability hold the score back.
Daily figure as of 12 Nov 2026
How the score is calculatedScore overview
The fundamentals are in the middle range.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk not measured
How well MEQIRI warnsFor stocks from Japan, China, Hong Kong, Taiwan, Korea, Canada, India and Brazil we only show crash risk once a separate backtest shows that it warns as well there as in the US and Europe.
Valuation
Valuation signal
Modestly undervaluedClosing price of 11 Nov 2026, used by the daily score.
In our model the price counts as cheap below $0.74 and expensive above $1.73 (uncertainty high, one part of the fair value is more than twice the other).
The two parts of the fair value come to $1.39 (cash-flow model) and $0.69 (industry comparison), and the gap between them shows how uncertain the estimate is.
Calculated with a cost of equity of 11.5%. At 12.5% the fair value would be $0.96, at 10.5% it would be $1.13.
Valuation metrics
Half from the cash-flow model, half from earnings times the industry P/E (22.4).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Sep 2026, revenue fell 7.3% on the twelve months before. Revenue has grown solidly since 2010, at about 5% per year.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross 12%, operating 8%, net 9%. Last 12 months: net 4%.
Debt & balance sheet
latest quarterThe balance sheet is solid, with moderate debt and comfortable interest coverage.
Earnings
- Next earnings
- 23 Apr 2027in 162 days
- Last reported
- 29 Oct 2026EPS reported $0.00
Analyst estimates
- Earnings per share
- $0.05−18.4%
- Revenue
- $11.25B−2.4%
- Earnings per share
- $0.07−4.3%
- Revenue
- $11.75B−0.5%
MEQIRI has stored the estimates since 25 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
What happened at Zhejiang Zheneng Electric Power
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
201 rated companies in Utilities
- This company
- 51
- Sector median
- 54
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Independent Power Producers
The next larger and next smaller companies by market value
- China Resources Power Holdings0836.HK $13.55B57
- Datang International Power Generation601991.SS $13.09B41
- Sichuan Chuantou Energy600674.SS $12.78B61
- Tata PowerTATAPOWER.NS $12.28B53
- JSW EnergyJSWENERGY.NS $10.16B53
- Capital PowerCPX.TO $7.22B43
- Torrent PowerTORNTPOWER.NS $6.65B56
- Inner Mongolia MengDian HuaNeng Thermal Power600863.SS $6.18B62
ETFs that hold Zhejiang Zheneng Electric Power
Held by 29 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| Invesco FTSE Emerging Markets High Dividend Low Volatility UCITS ETFEHDL | 0.21% | 0.49% | €262.11M |
| HSBC MSCI China A UCITS ETF USDH41K | 0.16% | 0.30% | €68.25M |
| Xtrackers Harvest CSI300 UCITS ETF 1DRQFI | 0.11% | 0.65% | €251.46M |
Show 5 more
| iShares MSCI China UCITS ETFICGA | 0.02% | 0.28% | €2.22B |
| Franklin FTSE China UCITS ETFFLXC | 0.02% | 0.19% | €1.3B |
| State Street SPDR MSCI EM Asia UCITS ETF Accum USDSPYA | 0.01% | 0.55% | €1.3B |
| HSBC MSCI AC FAR EAST ex JAPAN UCITS ETF USDH411 | 0.01% | 0.45% | €400.29M |
| iShares MSCI EM UCITS ETF USD (Dist)IQQE | 0.00% | 0.18% | €8.33B |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 11 Nov 2026 ($1 = CN¥6.6707)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 31 Oct 2026)
- Valuation signal Fairly valued since 7 Nov 2026, previously Undervalued
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.