What is Zhejiang Zheneng Electric Power Co Net Margin %?
Zhejiang Zheneng Electric Power CoSHSE:600023 -1.47%75 Net Margin % is 6.05% as of Mar. 2026, which is 26% below its 10-year median of 8.19. 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 422 Utilities - Independent Power Producers companies, Zhejiang Zheneng Electric Power Co ranks better than 61.37% on this metric.
SHSE:600023'
s Net Margin % Range Over the Past 10 Years
Min: -2.28 Med: 8.19 Max: 15.88
Current: 9.54
SHSE:600023's Net Margin % is ranked better than 61.37% of 422
companies
in the Utilities - Independent Power Producers industry
Industry Median: 6.115
vs SHSE:600023: 9.54
Zhejiang Zheneng Electric Power Co (SHSE:600023) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Zhejiang Zheneng Electric Power Co Net Margin % Related Terms
Zhejiang Zheneng Electric Power Co Net 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 Net Margin % Chart
SHSE:600023 vs CEG, VST, NRG: Net Margin % Comparison
For the Utilities - Independent Power Producers subindustry, Zhejiang Zheneng Electric Power Co's Net Margin %, along with its competitors' market caps and Net 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 Net Margin % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Zhejiang Zheneng Electric Power Co's Net Margin % distribution charts can be found below:
* The bar in red indicates where Zhejiang Zheneng Electric Power Co's Net 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.
Zhejiang Zheneng Electric Power Co (SHSE:600023) has a Net Margin % of 6.05% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Zhejiang Zheneng Electric Power Co and its competitors. This is 26% below median its historical median of 8.19. According to the industry distribution chart, Zhejiang Zheneng Electric Power Co ranks #163 out of 422 companies in the Utilities - Independent Power Producers industry, placing it in the top 38.6%.
Is Zhejiang Zheneng Electric Power Co's Net Margin % too high?
Zhejiang Zheneng Electric Power Co's current Net Margin % of 6.05% is 26% below median its 10-year median of 8.19. The Utilities - Independent Power Producers industry median Net Margin % is 6.12. Zhejiang Zheneng Electric Power Co's value of 6.05% is 1.1% below this industry median. Based on the distribution chart, Zhejiang Zheneng Electric Power Co ranks #163 out of 422 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 Net Margin % compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Zhejiang Zheneng Electric Power Co ranks #163 out of 422 companies for Net Margin %. This puts Zhejiang Zheneng Electric Power Co in the upper half of its industry. The industry median Net Margin % is 6.12. Zhejiang Zheneng Electric Power Co's value of 6.05% is 1.1% below this benchmark. While the company's 10-year median is 8.19 vs. the industry median of 6.12, 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 Net Margin % for an Utilities - Independent Power Producers company?
The median Net Margin % among Utilities - Independent Power Producers companies is 6.12, based on 422 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net 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 Net Margin % of 6.05% is 1.1% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Zhejiang Zheneng Electric Power Co and its competitors. For the Utilities - Independent Power Producers industry, the median Net Margin % is 6.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Zheneng Electric Power Co's current Net Margin % is 6.05%, which is 26% below median its own 10-year median of 8.19. 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 ¥5.38 — trading 11.2% above its estimated fair value. The current Net Margin % is 6.05%, which is 26% below median its 10-year median of 8.19 and 1.1% below the Utilities - Independent Power Producers industry median of 6.12. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Zhejiang Zheneng Electric Power Co (SHSE:600023), the current Net Margin % is 6.05% 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 ¥5.38 is trading 11.2% 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:
Net Margin %: 6.05% (26% below median its 10-year median of 8.19)
GF Value™: ¥4.84 vs. price of ¥5.38 (11.2% above fair value)
Industry Position: 1.1% below the Utilities - Independent Power Producers median (#163 of 422)
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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