Zhejiang Zheneng Electric Power Co (SHSE:600023) Shareholder Yield % : 5.65% (As of Mar. 2026) — 10% Above Median


SHSE:600023 Zhejiang Zheneng Electric Power Co Ltd SHSE:600023
75 GF Score
Price ¥5.40
GF Value ¥4.84
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Zhejiang Zheneng Electric Power Co Shareholder Yield %?

Zhejiang Zheneng Electric Power Co SHSE:600023 +1.69% 75 Shareholder Yield % is 5.65% as of Mar. 2026, which is 10% above its 10-year median of 5.15. 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 427 Utilities - Independent Power Producers companies, Zhejiang Zheneng Electric Power Co ranks better than 73.54% on this metric.

Shareholder Yield % is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. It is a measure of shareholder return. As of today, Zhejiang Zheneng Electric Power Co's Shareholder Yield % was 5.65%.


Zhejiang Zheneng Electric Power Co  (SHSE:600023) Shareholder Yield % Explanation

Shareholder Yield % is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. The term was coined by William W. Priest of Epoch Investment Partners in a paper in 2005 entitled The Case for Shareholder Yield as a Dominant Driver of Future Equity Returns. William Priest indicated that "shareholder yield is a term that we came up with to reflect the various ways dividends can be paid to owners of a business in a publicly-traded company."

Shareholder Yield % is calculated by three components: Dividend Yield %, Buyback Yield %, and Net Debt Paydown Yield %.

Dividend Yield % shows how much a company pays out in dividends each year relative to its stock price, which is most obvious form of shareholder return.

Buyback Yield % is the net repurchase of shares outstanding over the market capital of the company. Shares repurchases also increase shareholder value by returning the money back to shareholders.

Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced.


Zhejiang Zheneng Electric Power Co Shareholder Yield % Related Terms


Zhejiang Zheneng Electric Power Co Shareholder Yield % Historical Data

* Premium members only.

The historical data trend for Zhejiang Zheneng Electric Power Co's Shareholder Yield % 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 Shareholder Yield % Chart

Zhejiang Zheneng Electric Power Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shareholder Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.86 -21.73 -19.83 5.02 6.89

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
Shareholder Yield % 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 5.80 6.64 6.24 6.89 5.68

SHSE:600023 vs CEG, VST, NRG: Shareholder Yield % Comparison

For the Utilities - Independent Power Producers subindustry, Zhejiang Zheneng Electric Power Co's Shareholder Yield %, along with its competitors' market caps and Shareholder 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 Shareholder Yield % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Zhejiang Zheneng Electric Power Co's Shareholder Yield % distribution charts can be found below:

* The bar in red indicates where Zhejiang Zheneng Electric Power Co's Shareholder Yield % falls into.


SHSE:600023
75GF Score
Zhejiang Zheneng Electric Power Co Ltd SHSE:600023
Shareholder Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Zheneng Electric Power Co Shareholder Yield % Calculation

Zhejiang Zheneng Electric Power Co's Shareholder Yield % for the quarter that ended in Mar. 2026 is calculated as:

Shareholder Yield %=Dividend Yield %+Buyback Yield %+Net Debt Paydown Yield %
=6.26 %+0.00 %+-0.58 %
=5.68 %

* 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.

* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Shareholder Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.

Frequently Asked Questions Learn more about Shareholder Yield % →
What does a Shareholder Yield % of 5.65% mean?
Zhejiang Zheneng Electric Power Co (SHSE:600023) has a Shareholder Yield % of 5.65% as of Mar. 2026. Shareholder Yield is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. View historical data on Zhejiang Zheneng Electric Power Co and its competitors. This is 10% above median its historical median of 5.15. According to the industry distribution chart, Zhejiang Zheneng Electric Power Co ranks #113 out of 427 companies in the Utilities - Independent Power Producers industry, placing it in the top 26.5%.
Is Zhejiang Zheneng Electric Power Co's Shareholder Yield % too high?
Zhejiang Zheneng Electric Power Co's current Shareholder Yield % of 5.65% is 10% above median its 10-year median of 5.15. Based on the distribution chart, Zhejiang Zheneng Electric Power Co ranks #113 out of 427 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 Shareholder Yield % compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Zhejiang Zheneng Electric Power Co ranks #113 out of 427 companies for Shareholder Yield %. This puts Zhejiang Zheneng Electric Power Co in the upper half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shareholder Yield % for an Utilities - Independent Power Producers company?
A good Shareholder Yield % depends on the Utilities - Independent Power Producers industry context. However, Shareholder Yield % 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 Shareholder Yield % mean?
A high Shareholder Yield % can signal that a stock is expensive relative to its fundamentals. Shareholder Yield is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. View historical data on Zhejiang Zheneng Electric Power Co and its competitors. Zhejiang Zheneng Electric Power Co's current Shareholder Yield % is 5.65%, which is 10% above median its own 10-year median of 5.15. 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 Shareholder Yield % is 5.65%, which is 10% above median its 10-year median of 5.15. 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 Shareholder Yield % calculated?
Shareholder Yield % is calculated from a company's financial statements. For Zhejiang Zheneng Electric Power Co (SHSE:600023), the current Shareholder Yield % is 5.65% 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:

  • Shareholder Yield %: 5.65% (10% above median its 10-year median of 5.15)
  • 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

Address No. 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

Get the complete analysis for SHSE:600023

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

¥5.40
Price
¥4.84
GF Value