What is Zhejiang Zheneng Electric Power Co Gross Margin %?
Zhejiang Zheneng Electric Power CoSHSE:600023 +1.87%75 Gross Margin % is 5.45% as of Mar. 2026, which is 54% below its 10-year median of 11.96. 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 403 Utilities - Independent Power Producers companies, Zhejiang Zheneng Electric Power Co ranks worse than 82.13% on this metric.
SHSE:600023's Gross Margin % is ranked worse than 82.13% of 403
companies
in the Utilities - Independent Power Producers industry
Industry Median: 31.35
vs SHSE:600023: 12.13
Zhejiang Zheneng Electric Power Co had a gross margin of 5.45% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
Zhejiang Zheneng Electric Power Co (SHSE:600023) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Zhejiang Zheneng Electric Power Co had a gross margin of 5.45% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Zhejiang Zheneng Electric Power Co Gross Margin % Related Terms
Zhejiang Zheneng Electric Power Co Gross Margin % Historical Data
* 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 Gross Margin % Chart
SHSE:600023 vs CEG, VST, NRG: Gross Margin % Comparison
For the Utilities - Independent Power Producers subindustry, Zhejiang Zheneng Electric Power Co's Gross Margin %, along with its competitors' market caps and Gross 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 Gross Margin % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Zhejiang Zheneng Electric Power Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Zhejiang Zheneng Electric Power Co's Gross Margin % falls into.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Zhejiang Zheneng Electric Power Co (SHSE:600023) has a Gross Margin % of 5.45% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Zhejiang Zheneng Electric Power Co and its competitors. This is 54% below median its historical median of 11.96. According to the industry distribution chart, Zhejiang Zheneng Electric Power Co ranks #331 out of 403 companies in the Utilities - Independent Power Producers industry, placing it in the top 82.1%.
Is Zhejiang Zheneng Electric Power Co's Gross Margin % too high?
Zhejiang Zheneng Electric Power Co's current Gross Margin % of 5.45% is 54% below median its 10-year median of 11.96. The Utilities - Independent Power Producers industry median Gross Margin % is 31.35. Zhejiang Zheneng Electric Power Co's value of 5.45% is 82.6% below this industry median. Based on the distribution chart, Zhejiang Zheneng Electric Power Co ranks #331 out of 403 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. 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 Gross Margin % compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Zhejiang Zheneng Electric Power Co ranks #331 out of 403 companies for Gross Margin %. This places Zhejiang Zheneng Electric Power Co in the lower half of its industry. The industry median Gross Margin % is 31.35. Zhejiang Zheneng Electric Power Co's value of 5.45% is 82.6% below this benchmark. While the company's 10-year median is 11.96 vs. the industry median of 31.35, Zhejiang Zheneng Electric Power Co has consistently been below 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 Gross Margin % for an Utilities - Independent Power Producers company?
The median Gross Margin % among Utilities - Independent Power Producers companies is 31.35, based on 403 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross 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 Gross Margin % of 5.45% is 82.6% below 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Zhejiang Zheneng Electric Power Co and its competitors. For the Utilities - Independent Power Producers industry, the median Gross Margin % is 31.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Zheneng Electric Power Co's current Gross Margin % is 5.45%, which is 54% below median its own 10-year median of 11.96. 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 Gross Margin % is 5.45%, which is 54% below median its 10-year median of 11.96 and 82.6% below the Utilities - Independent Power Producers industry median of 31.35. 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 Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Zhejiang Zheneng Electric Power Co (SHSE:600023), the current Gross Margin % is 5.45% 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:
Gross Margin %: 5.45% (54% below median its 10-year median of 11.96)
GF Value™: ¥4.84 vs. price of ¥5.46 (12.8% above fair value)
Industry Position: 82.6% below the Utilities - Independent Power Producers median (#331 of 403)
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
AddressNo. 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
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