Zhejiang Provincial New Energy Investment Group Co (SHSE:600032) Market Cap: ¥17,242 Mil (As of Jul. 01, 2026)


SHSE:600032 Zhejiang Provincial New Energy Investment Group Co Ltd SHSE:600032
74 GF Score
Price ¥7.17
GF Value ¥7.52
Valuation Fairly Valued
! 9 Warning Signs
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What is Zhejiang Provincial New Energy Investment Group Co Market Cap?

Zhejiang Provincial New Energy Investment Group Co SHSE:600032 +1.70% 74 Market Cap is ¥17,242 Mil as of Jul. 01, 2026. GuruFocus rates SHSE:600032 with a GF Score™ of 74/100 and a GF Value™ of ¥7.52 (Fairly Valued). The stock has 9 warning signs investors should review. Among 483 Utilities - Independent Power Producers companies, Zhejiang Provincial New Energy Investment Group Co ranks better than 81.16% on this metric.

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Zhejiang Provincial New Energy Investment Group Co's share price for the quarter that ended in Mar. 2026 was ¥9.97. Zhejiang Provincial New Energy Investment Group Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 2,405 Mil. Therefore, Zhejiang Provincial New Energy Investment Group Co's market cap for the quarter that ended in Mar. 2026 was ¥23,975 Mil.

Zhejiang Provincial New Energy Investment Group Co's quarterly market cap increased from Sep. 2025 (¥17,698 Mil) to Dec. 2025 (¥17,819 Mil) and increased from Dec. 2025 (¥17,819 Mil) to Mar. 2026 (¥23,975 Mil).

Zhejiang Provincial New Energy Investment Group Co's annual market cap declined from Dec. 2023 (¥19,382 Mil) to Dec. 2024 (¥17,795 Mil) but then increased from Dec. 2024 (¥17,795 Mil) to Dec. 2025 (¥17,819 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Zhejiang Provincial New Energy Investment Group Co's Enterprise Value for Today is ¥55,217 Mil.


Zhejiang Provincial New Energy Investment Group Co  (SHSE:600032) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Zhejiang Provincial New Energy Investment Group Co Market Cap Related Terms


Zhejiang Provincial New Energy Investment Group Co Market Cap Historical Data

* Premium members only.

The historical data trend for Zhejiang Provincial New Energy Investment Group Co's Market Cap 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 Provincial New Energy Investment Group Co Market Cap Chart

Zhejiang Provincial New Energy Investment Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32,156.80 23,899.20 19,381.68 17,794.60 17,818.64

Zhejiang Provincial New Energy Investment Group Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Market Cap 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 18,179.34 18,179.34 17,698.41 17,818.64 23,974.61

Zhejiang Provincial New Energy Investment Group Co Market Cap Competitor Comparison

For the Utilities - Renewable subindustry, Zhejiang Provincial New Energy Investment Group Co's Market Cap, along with its competitors' market caps and Market Cap 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 Provincial New Energy Investment Group Co Market Cap vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Zhejiang Provincial New Energy Investment Group Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Zhejiang Provincial New Energy Investment Group Co's Market Cap falls into.


SHSE:600032
74GF Score
Zhejiang Provincial New Energy Investment Group Co Ltd SHSE:600032
Market Cap is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Provincial New Energy Investment Group Co Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Zhejiang Provincial New Energy Investment Group Co's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as

Market Cap (A: Dec. 2025 )=Share Price (A: Dec. 2025 )*Shares Outstanding (EOP) (A: Dec. 2025 )
=¥7.41*2404.675
=¥17,819

Zhejiang Provincial New Energy Investment Group Co's Market Cap for the quarter that ended in Mar. 2026 is calculated as

Market Cap (Q: Mar. 2026 )=Share Price (Q: Mar. 2026 )*Shares Outstanding (EOP) (Q: Mar. 2026 )
=¥9.97*2404.675
=¥23,975

* 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 Market Cap →
What does a Market Cap of ¥17,242 Mil mean?
Zhejiang Provincial New Energy Investment Group Co (SHSE:600032) has a Market Cap of ¥17,242 Mil as of Jul. 01, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Zhejiang Provincial New Energy Investment Group Co and its competitors. According to the industry distribution chart, Zhejiang Provincial New Energy Investment Group Co ranks #91 out of 483 companies in the Utilities - Independent Power Producers industry, placing it in the top 18.8%.
Is Zhejiang Provincial New Energy Investment Group Co's Market Cap too high?
Zhejiang Provincial New Energy Investment Group Co's current Market Cap is ¥17,242 Mil. Based on the distribution chart, Zhejiang Provincial New Energy Investment Group Co ranks #91 out of 483 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Zhejiang Provincial New Energy Investment Group Co has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Provincial New Energy Investment Group Co's Market Cap compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Zhejiang Provincial New Energy Investment Group Co ranks #91 out of 483 companies for Market Cap. This places Zhejiang Provincial New Energy Investment Group Co in the top 19% of its industry — outperforming the majority of peers. The industry median Market Cap is 213.97. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Utilities - Independent Power Producers company?
The median Market Cap among Utilities - Independent Power Producers companies is 213.97, based on 483 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Zhejiang Provincial New Energy Investment Group Co and its competitors. For the Utilities - Independent Power Producers industry, the median Market Cap is 213.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Provincial New Energy Investment Group Co's current Market Cap is ¥17,242 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Provincial New Energy Investment Group Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Provincial New Energy Investment Group Co (SHSE:600032) is currently considered Fairly Valued. The stock's GF Value™ is ¥7.52, compared to a current price of ¥7.17 — trading 4.7% below its estimated fair value. The current Market Cap is ¥17,242 Mil. Zhejiang Provincial New Energy Investment Group Co's overall GF Score™ is 74/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Zhejiang Provincial New Energy Investment Group Co (SHSE:600032), the current Market Cap is ¥17,242 Mil as of Jul. 01, 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 Provincial New Energy Investment Group Co (SHSE:600032) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Provincial New Energy Investment Group Co stock appears to be undervalued. The current stock price of ¥7.17 is trading 4.7% below its estimated GF Value™ of ¥7.52. GuruFocus considers Zhejiang Provincial New Energy Investment Group Co to be Fairly Valued.

Key valuation signals for SHSE:600032:

  • Market Cap: ¥17,242 Mil
  • GF Value™: ¥7.52 vs. price of ¥7.17 (4.7% below fair value)
  • GF Score™: 74/100 with 9 warning signs

No single metric tells the full story. See the SHSE:600032 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Provincial New Energy Investment Group Co Business Description

Address No. 8, Fengqi East Road, Kaixuan Street, Jianggan District, Zhejiang Province, Hangzhou, CHN, 310020
Zhejiang Provincial New Energy Investment Group Co Ltd is engaged in the investment, development, construction and operation management of renewable energy projects such as hydropower, photovoltaic power generation, and wind power generation.
74GF Score

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

¥7.17
Price
¥7.52
GF Value