What is Zhejiang Zheneng Electric Power Co OCF Yield %?
Zhejiang Zheneng Electric Power CoSHSE:600023 -1.47%75 OCF Yield % is 16.93 as of Jul. 02, 2026, which is 14% above its 10-year median of 14.82. 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 69.41% on this metric.
OCF Yield % is calculated as Cash Flow from Operations divided by Market Capitalization. It is a financial solvency ratio that compares the operating cash flow a company is expected to earn against its market value.
SHSE:600023'
s OCF Yield % Range Over the Past 10 Years
Min: -2.86 Med: 14.82 Max: 22.82
Current: 16.93
During the past 13 years, the highest OCF Yield % of Zhejiang Zheneng Electric Power Co was 22.82%. The lowest was -2.86%. And the median was 14.82%.
SHSE:600023's OCF Yield % is ranked better than 69.41% of 438
companies
in the Utilities - Independent Power Producers industry
Industry Median: 8.075
vs SHSE:600023: 16.93
Zhejiang Zheneng Electric Power Co OCF Yield % Explanation
Similar to Earnings Yield %, OCF 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 operating 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 OCF Yield % Related Terms
Zhejiang Zheneng Electric Power Co OCF Yield % 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 OCF Yield % Chart
SHSE:600023 vs CEG, VST, NRG: OCF Yield % Comparison
For the Utilities - Independent Power Producers subindustry, Zhejiang Zheneng Electric Power Co's OCF Yield %, along with its competitors' market caps and OCF 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 OCF Yield % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Zhejiang Zheneng Electric Power Co's OCF Yield % distribution charts can be found below:
* The bar in red indicates where Zhejiang Zheneng Electric Power Co's OCF Yield % 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 OCF Yield % of 16.93 as of Jul. 02, 2026. OCF Yield is calculated as Cash Flow from Operations divided by Market Capitalization. View historical data on Zhejiang Zheneng Electric Power Co and its competitors. This is 14% above median its historical median of 14.82. According to the industry distribution chart, Zhejiang Zheneng Electric Power Co ranks #134 out of 438 companies in the Utilities - Independent Power Producers industry, placing it in the top 30.6%.
Is Zhejiang Zheneng Electric Power Co's OCF Yield % too high?
Zhejiang Zheneng Electric Power Co's current OCF Yield % of 16.93 is 14% above median its 10-year median of 14.82. The Utilities - Independent Power Producers industry median OCF Yield % is 8.08. Zhejiang Zheneng Electric Power Co's value of 16.93 is 109.7% above this industry median. Based on the distribution chart, Zhejiang Zheneng Electric Power Co ranks #134 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 OCF Yield % compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Zhejiang Zheneng Electric Power Co ranks #134 out of 438 companies for OCF Yield %. This puts Zhejiang Zheneng Electric Power Co in the upper half of its industry. The industry median OCF Yield % is 8.08. Zhejiang Zheneng Electric Power Co's value of 16.93 is 109.7% above this benchmark. While the company's 10-year median is 14.82 vs. the industry median of 8.08, 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 OCF Yield % for an Utilities - Independent Power Producers company?
The median OCF Yield % among Utilities - Independent Power Producers companies is 8.08, based on 438 companies in the industry. Companies in the top quartile (top 25%) have a OCF Yield % significantly above this median, while those in the bottom quartile fall well below. However, OCF 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 OCF Yield % of 16.93 is 109.7% 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 OCF Yield % mean?
A high OCF Yield % can signal that a stock is expensive relative to its fundamentals. OCF Yield is calculated as Cash Flow from Operations 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 OCF Yield % is 8.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Zheneng Electric Power Co's current OCF Yield % is 16.93, which is 14% above median its own 10-year median of 14.82. 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 OCF Yield % is 16.93, which is 14% above median its 10-year median of 14.82 and 109.7% above the Utilities - Independent Power Producers industry median of 8.08. 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 OCF Yield % calculated?
OCF Yield % is calculated from a company's financial statements. For Zhejiang Zheneng Electric Power Co (SHSE:600023), the current OCF Yield % is 16.93 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 ¥5.38 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:
OCF Yield %: 16.93 (14% above median its 10-year median of 14.82)
GF Value™: ¥4.84 vs. price of ¥5.38 (11.2% above fair value)
Industry Position: 109.7% above the Utilities - Independent Power Producers median (#134 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
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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