Zhejiang Zheneng Electric Power Co (SHSE:600023) FCF Yield %: 6.70 (As of Jul. 02, 2026) — Near 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
View Full Analysis

What is Zhejiang Zheneng Electric Power Co FCF Yield %?

Zhejiang Zheneng Electric Power Co SHSE:600023 +1.87% 75 FCF Yield % is 6.70 as of Jul. 02, 2026, which is 1% below its 10-year median of 6.79. 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 438 Utilities - Independent Power Producers companies, Zhejiang Zheneng Electric Power Co ranks better than 67.35% on this metric.

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Zhejiang Zheneng Electric Power Co's Trailing 12-Month Free Cash Flow is ¥4,904 Mil, and Market Cap is ¥73,212 Mil. Therefore, Zhejiang Zheneng Electric Power Co's FCF Yield % for today is 6.70%.

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

SHSE:600023' s FCF Yield % Range Over the Past 10 Years
Min: -16.58   Med: 6.79   Max: 16.05
Current: 6.7


During the past 13 years, the highest FCF Yield % of Zhejiang Zheneng Electric Power Co was 16.05%. The lowest was -16.58%. And the median was 6.79%.

SHSE:600023's FCF Yield % is ranked better than
67.35% of 438 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.59 vs SHSE:600023: 6.70

Zhejiang Zheneng Electric Power Co's FCF Margin % for the quarter that ended in Mar. 2026 was 19.48%.


Zhejiang Zheneng Electric Power Co FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


Zhejiang Zheneng Electric Power Co FCF Yield % Related Terms


Zhejiang Zheneng Electric Power Co FCF Yield % Historical Data

* Premium members only.

The historical data trend for Zhejiang Zheneng Electric Power Co's FCF Yield % 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 Yield % Chart

Zhejiang Zheneng Electric Power Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.04 -11.57 3.96 5.31 6.38

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 Yield % 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 12.46 5.18 15.70 -10.08 16.76

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

For the Utilities - Independent Power Producers subindustry, Zhejiang Zheneng Electric Power Co's FCF Yield %, along with its competitors' market caps and FCF Yield % 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 Yield % vs Utilities - Independent Power Producers Industry

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

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


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

Zhejiang Zheneng Electric Power Co FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

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

FCF Yield %=Free Cash Flow / Market Cap
=4233.457 / 66373.22835
=6.38%

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

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=3050.517 * 4 / 72809.42019
=16.76%

* 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 Yield % →
What does a FCF Yield % of 6.70 mean?
Zhejiang Zheneng Electric Power Co (SHSE:600023) has a FCF Yield % of 6.70 as of Jul. 02, 2026. FCF Yield is calculated as Free Cash Flow divided by Market Capitalization. View historical data on Zhejiang Zheneng Electric Power Co and its competitors. This is near median its historical median of 6.79. According to the industry distribution chart, Zhejiang Zheneng Electric Power Co ranks #143 out of 438 companies in the Utilities - Independent Power Producers industry, placing it in the top 32.6%.
Is Zhejiang Zheneng Electric Power Co's FCF Yield % too high?
Zhejiang Zheneng Electric Power Co's current FCF Yield % of 6.70 is near median its 10-year median of 6.79. The Utilities - Independent Power Producers industry median FCF Yield % is 0.59. Zhejiang Zheneng Electric Power Co's value of 6.70 is 1035.6% above this industry median. Based on the distribution chart, Zhejiang Zheneng Electric Power Co ranks #143 out of 438 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 Yield % compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Zhejiang Zheneng Electric Power Co ranks #143 out of 438 companies for FCF Yield %. This puts Zhejiang Zheneng Electric Power Co in the upper half of its industry. The industry median FCF Yield % is 0.59. Zhejiang Zheneng Electric Power Co's value of 6.70 is 1035.6% above this benchmark. While the company's 10-year median is 6.79 vs. the industry median of 0.59, 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 Yield % for an Utilities - Independent Power Producers company?
The median FCF Yield % among Utilities - Independent Power Producers companies is 0.59, based on 438 companies in the industry. Companies in the top quartile (top 25%) have a FCF Yield % significantly above this median, while those in the bottom quartile fall well below. However, FCF Yield % 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 Yield % of 6.70 is 1035.6% 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 Yield % mean?
A high FCF Yield % can signal that a stock is expensive relative to its fundamentals. FCF Yield is calculated as Free Cash Flow divided by Market Capitalization. View historical data on Zhejiang Zheneng Electric Power Co and its competitors. For the Utilities - Independent Power Producers industry, the median FCF Yield % is 0.59 — 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 Yield % is 6.70, which is near median its own 10-year median of 6.79. 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 Yield % is 6.70, which is near median its 10-year median of 6.79 and 1035.6% above the Utilities - Independent Power Producers industry median of 0.59. 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 Yield % calculated?
FCF Yield % is calculated from a company's financial statements. For Zhejiang Zheneng Electric Power Co (SHSE:600023), the current FCF Yield % is 6.70 as of Jul. 02, 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 Yield %: 6.70 (near median its 10-year median of 6.79)
  • GF Value™: ¥4.84 vs. price of ¥5.46 (12.8% above fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 1035.6% above the Utilities - Independent Power Producers median (#143 of 438)

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

¥5.46
Price
¥4.84
GF Value