Zhejiang Zheneng Electric Power Co (SHSE:600023) FCF Margin %: 19.48% (As of Mar. 2026) — 204% Above Median


SHSE:600023 Zhejiang Zheneng Electric Power Co Ltd SHSE:600023
75 GF Score
Price ¥5.46
GF Value ¥4.84
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Zhejiang Zheneng Electric Power Co FCF Margin %?

Zhejiang Zheneng Electric Power Co SHSE:600023 +1.87% 75 FCF Margin % is 19.48% as of Mar. 2026, which is 204% above its 10-year median of 6.40. GuruFocus rates SHSE:600023 with a GF Score™ of 75/100 and a GF Value™ of ¥4.84 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 417 Utilities - Independent Power Producers companies, Zhejiang Zheneng Electric Power Co ranks better than 55.16% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Zhejiang Zheneng Electric Power Co's Free Cash Flow for the three months ended in Mar. 2026 was ¥3,051 Mil. Zhejiang Zheneng Electric Power Co's Revenue for the three months ended in Mar. 2026 was ¥15,662 Mil. Therefore, Zhejiang Zheneng Electric Power Co's FCF Margin % for the quarter that ended in Mar. 2026 was 19.48%.

As of today, Zhejiang Zheneng Electric Power Co's current FCF Yield % is 6.70%.

The historical rank and industry rank for Zhejiang Zheneng Electric Power Co's FCF Margin % or its related term are showing as below:

SHSE:600023' s FCF Margin % Range Over the Past 10 Years
Min: -6.75   Med: 6.4   Max: 13.4
Current: 6.32


During the past 13 years, the highest FCF Margin % of Zhejiang Zheneng Electric Power Co was 13.40%. The lowest was -6.75%. And the median was 6.40%.

SHSE:600023's FCF Margin % is ranked better than
55.16% of 417 companies
in the Utilities - Independent Power Producers industry
Industry Median: 2.94 vs SHSE:600023: 6.32


Zhejiang Zheneng Electric Power Co FCF Margin % Related Terms


Zhejiang Zheneng Electric Power Co FCF Margin % Historical Data

* Premium members only.

The historical data trend for Zhejiang Zheneng Electric Power Co's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Zhejiang Zheneng Electric Power Co FCF Margin % Chart

Zhejiang Zheneng Electric Power Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.44 -6.75 2.55 4.58 5.32

Zhejiang Zheneng Electric Power Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.52 5.15 11.16 -8.06 19.48

SHSE:600023 vs CEG, VST, NRG: FCF Margin % Comparison

For the Utilities - Independent Power Producers subindustry, Zhejiang Zheneng Electric Power Co's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Zhejiang Zheneng Electric Power Co FCF Margin % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Zhejiang Zheneng Electric Power Co's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Zhejiang Zheneng Electric Power Co's FCF Margin % falls into.


SHSE:600023
75GF Score
Zhejiang Zheneng Electric Power Co Ltd SHSE:600023
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Zheneng Electric Power Co FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Zhejiang Zheneng Electric Power Co's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=4233.457/79553.931
=5.32 %

Zhejiang Zheneng Electric Power Co's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=3050.517/15662.169
=19.48 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of 19.48% mean?
Zhejiang Zheneng Electric Power Co (SHSE:600023) has a FCF Margin % of 19.48% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Zhejiang Zheneng Electric Power Co and its competitors. This is 204% above median its historical median of 6.40. According to the industry distribution chart, Zhejiang Zheneng Electric Power Co ranks #187 out of 417 companies in the Utilities - Independent Power Producers industry, placing it in the top 44.8%.
Is Zhejiang Zheneng Electric Power Co's FCF Margin % too high?
Zhejiang Zheneng Electric Power Co's current FCF Margin % of 19.48% is 204% above median its 10-year median of 6.40. The Utilities - Independent Power Producers industry median FCF Margin % is 2.94. Zhejiang Zheneng Electric Power Co's value of 19.48% is 562.6% above this industry median. Based on the distribution chart, Zhejiang Zheneng Electric Power Co ranks #187 out of 417 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Zhejiang Zheneng Electric Power Co has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Zheneng Electric Power Co's FCF Margin % compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Zhejiang Zheneng Electric Power Co ranks #187 out of 417 companies for FCF Margin %. This puts Zhejiang Zheneng Electric Power Co in the upper half of its industry. The industry median FCF Margin % is 2.94. Zhejiang Zheneng Electric Power Co's value of 19.48% is 562.6% above this benchmark. While the company's 10-year median is 6.40 vs. the industry median of 2.94, Zhejiang Zheneng Electric Power Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for an Utilities - Independent Power Producers company?
The median FCF Margin % among Utilities - Independent Power Producers companies is 2.94, based on 417 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Zhejiang Zheneng Electric Power Co's current FCF Margin % of 19.48% is 562.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Zhejiang Zheneng Electric Power Co and its competitors. For the Utilities - Independent Power Producers industry, the median FCF Margin % is 2.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Zheneng Electric Power Co's current FCF Margin % is 19.48%, which is 204% above median its own 10-year median of 6.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Zheneng Electric Power Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Zheneng Electric Power Co (SHSE:600023) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥4.84, compared to a current price of ¥5.46 — trading 12.8% above its estimated fair value. The current FCF Margin % is 19.48%, which is 204% above median its 10-year median of 6.40 and 562.6% above the Utilities - Independent Power Producers industry median of 2.94. Zhejiang Zheneng Electric Power Co's overall GF Score™ is 75/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Zhejiang Zheneng Electric Power Co (SHSE:600023), the current FCF Margin % is 19.48% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Zhejiang Zheneng Electric Power Co (SHSE:600023) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Zheneng Electric Power Co stock appears to be overvalued. The current stock price of ¥5.46 is trading 12.8% above its estimated GF Value™ of ¥4.84. GuruFocus considers Zhejiang Zheneng Electric Power Co to be Modestly Overvalued.

Key valuation signals for SHSE:600023:

  • FCF Margin %: 19.48% (204% above median its 10-year median of 6.40)
  • GF Value™: ¥4.84 vs. price of ¥5.46 (12.8% above fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 562.6% above the Utilities - Independent Power Producers median (#187 of 417)

No single metric tells the full story. See the SHSE:600023 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Zheneng Electric Power Co Business Description

Address No. 36, Zijinghua Road, 10th Floor, Building A, Zhejiang Energy Science and Technology Innovation Center, Xihu District, Zhejiang Province, Hangzhou, CHN, 310013
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.
75GF Score

Get the complete analysis for SHSE:600023

FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥5.46
Price
¥4.84
GF Value