Zhejiang Zheneng Electric Power Co (SHSE:600023) LT-Debt-to-Total-Asset: 0.19 (As of Mar. 2026)

What is Zhejiang Zheneng Electric Power Co LT-Debt-to-Total-Asset?

Zhejiang Zheneng Electric Power Co SHSE:600023 +1.69% 75 LT-Debt-to-Total-Asset is 0.19 as of Mar. 2026. 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.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Zhejiang Zheneng Electric Power Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.19.

Zhejiang Zheneng Electric Power Co's long-term debt to total assets ratio increased from Mar. 2025 (0.18) to Mar. 2026 (0.19). It may suggest that Zhejiang Zheneng Electric Power Co is progressively becoming more dependent on debt to grow their business.

Zhejiang Zheneng Electric Power Co (SHSE:600023) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Zhejiang Zheneng Electric Power Co LT-Debt-to-Total-Asset Related Terms

Zhejiang Zheneng Electric Power Co LT-Debt-to-Total-Asset Historical Data

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The historical data trend for Zhejiang Zheneng Electric Power Co's LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset Chart

Zhejiang Zheneng Electric Power Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

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Dec22

Dec23

Dec24

Dec25

LT-Debt-to-Total-Asset

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0.17

0.21

0.22

0.19

0.18

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
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.18	0.18	0.19	0.18	0.19

75GF Score

Zhejiang Zheneng Electric Power Co Ltd SHSE:600023

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Zhejiang Zheneng Electric Power Co LT-Debt-to-Total-Asset Calculation

Zhejiang Zheneng Electric Power Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

LT Debt to Total Assets (A: Dec. 2025 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2025 )	/	Total Assets (A: Dec. 2025 )
	=	27965.896	/	156337.714
	=	0.18

Zhejiang Zheneng Electric Power Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

LT Debt to Total Assets (Q: Mar. 2026 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2026 )	/	Total Assets (Q: Mar. 2026 )
	=	29162.81	/	154117.218
	=	0.19

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →

What does a LT-Debt-to-Total-Asset of 0.19 mean?

Zhejiang Zheneng Electric Power Co (SHSE:600023) has a LT-Debt-to-Total-Asset of 0.19 as of Mar. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Zhejiang Zheneng Electric Power Co and its competitors.

Is Zhejiang Zheneng Electric Power Co's LT-Debt-to-Total-Asset too high?

Zhejiang Zheneng Electric Power Co's current LT-Debt-to-Total-Asset is 0.19. 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 LT-Debt-to-Total-Asset compare to CEG and VST?

Zhejiang Zheneng Electric Power Co's LT-Debt-to-Total-Asset of 0.19 can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good LT-Debt-to-Total-Asset for an Utilities - Independent Power Producers company?

A good LT-Debt-to-Total-Asset depends on the Utilities - Independent Power Producers industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high LT-Debt-to-Total-Asset mean?

A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Zhejiang Zheneng Electric Power Co and its competitors. Zhejiang Zheneng Electric Power Co's current LT-Debt-to-Total-Asset is 0.19. 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 ¥5.40 — trading 11.6% above its estimated fair value. The current LT-Debt-to-Total-Asset is 0.19. 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 LT-Debt-to-Total-Asset calculated?

LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Zhejiang Zheneng Electric Power Co (SHSE:600023), the current LT-Debt-to-Total-Asset is 0.19 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 ¥5.40 is trading 11.6% 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:

LT-Debt-to-Total-Asset: 0.19
GF Value™: ¥4.84 vs. price of ¥5.40 (11.6% above fair value)
GF Score™: 75/100 with 3 warning signs

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

Industry Utilities Utilities - Independent Power Producers

Comparable Companies SHSE:600674 SHSE:600726 SHSE:600578 SHSE:601991 SHSE:600863 SHSE:600011 SZSE:000690 SHSE:600719 SZSE:300614 CEG VST BOM:533096 NRG BKK:GULF HKSE:01816 TLN BOM:539254 HKSE:00006 BOM:500400 HKSE:00836

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

Website http://www.zzepc.com.cn

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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LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥5.40

Price

¥4.84

GF Value

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