Zhejiang Provincial New Energy Investment Group Co (SHSE:600032) 5-Year Yield-on-Cost %: 0.90 (As of Jul. 30, 2026) — 22% Above Median

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SHSE:600032 Zhejiang Provincial New Energy Investment Group Co Ltd SHSE:600032
74 GF Score
Price ¥7.24
GF Value ¥7.50
Valuation Fairly Valued
! 9 Warning Signs
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What is Zhejiang Provincial New Energy Investment Group Co 5-Year Yield-on-Cost %?

Zhejiang Provincial New Energy Investment Group Co SHSE:600032 -1.76% 74 5-Year Yield-on-Cost % is 0.90 as of Jul. 30, 2026, which is 22% above its 10-year median of 0.74. GuruFocus rates SHSE:600032 with a GF Score™ of 74/100 and a GF Value™ of ¥7.50 (Fairly Valued). The stock has 9 warning signs investors should review. Among 238 Utilities - Independent Power Producers companies, Zhejiang Provincial New Energy Investment Group Co ranks worse than 84.03% on this metric.

Zhejiang Provincial New Energy Investment Group Co's yield on cost for the quarter that ended in Mar. 2026 was 0.90.


The historical rank and industry rank for Zhejiang Provincial New Energy Investment Group Co's 5-Year Yield-on-Cost % or its related term are showing as below:

SHSE:600032' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.3   Med: 0.74   Max: 1.85
Current: 0.9


During the past 10 years, Zhejiang Provincial New Energy Investment Group Co's highest Yield on Cost was 1.85. The lowest was 0.30. And the median was 0.74.


SHSE:600032's 5-Year Yield-on-Cost % is ranked worse than
84.03% of 238 companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.675 vs SHSE:600032: 0.90

Zhejiang Provincial New Energy Investment Group Co  (SHSE:600032) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Zhejiang Provincial New Energy Investment Group Co 5-Year Yield-on-Cost % Related Terms


Zhejiang Provincial New Energy Investment Group Co 5-Year Yield-on-Cost % Competitor Comparison

For the Utilities - Renewable subindustry, Zhejiang Provincial New Energy Investment Group Co's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Zhejiang Provincial New Energy Investment Group Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Zhejiang Provincial New Energy Investment Group Co's 5-Year Yield-on-Cost % falls into.


SHSE:600032
74GF Score
Zhejiang Provincial New Energy Investment Group Co Ltd SHSE:600032
5-Year Yield-on-Cost % is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Provincial New Energy Investment Group Co 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Zhejiang Provincial New Energy Investment Group Co is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5
Frequently Asked Questions Learn more about 5-Year Yield-on-Cost % →
What does a 5-Year Yield-on-Cost % of 0.90 mean?
Zhejiang Provincial New Energy Investment Group Co (SHSE:600032) has a 5-Year Yield-on-Cost % of 0.90 as of Jul. 30, 2026. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Zhejiang Provincial New Energy Investment Group Co and its competitors. This is 22% above median its historical median of 0.74. Over the past decade, Zhejiang Provincial New Energy Investment Group Co's 5-Year Yield-on-Cost % has ranged from 0.30 to 1.85. According to the industry distribution chart, Zhejiang Provincial New Energy Investment Group Co ranks #200 out of 238 companies in the Utilities - Independent Power Producers industry, placing it in the top 84%.
Is Zhejiang Provincial New Energy Investment Group Co's 5-Year Yield-on-Cost % too high?
Zhejiang Provincial New Energy Investment Group Co's current 5-Year Yield-on-Cost % of 0.90 is 22% above median its 10-year median of 0.74. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 1.85. The Utilities - Independent Power Producers industry median 5-Year Yield-on-Cost % is 3.68. Zhejiang Provincial New Energy Investment Group Co's value of 0.90 is 75.5% below this industry median. Based on the distribution chart, Zhejiang Provincial New Energy Investment Group Co ranks #200 out of 238 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Zhejiang Provincial New Energy Investment Group Co has a GF Scoreâ„¢ 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 5-Year Yield-on-Cost % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Zhejiang Provincial New Energy Investment Group Co ranks #200 out of 238 companies for 5-Year Yield-on-Cost %. This places Zhejiang Provincial New Energy Investment Group Co in the lower half of its industry. The industry median 5-Year Yield-on-Cost % is 3.68. Zhejiang Provincial New Energy Investment Group Co's value of 0.90 is 75.5% below this benchmark. Historically, Zhejiang Provincial New Energy Investment Group Co's own 5-Year Yield-on-Cost % has ranged from 0.30 to 1.85 over the past decade. While the company's 10-year median is 0.74 vs. the industry median of 3.68, Zhejiang Provincial New Energy Investment Group 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 5-Year Yield-on-Cost % for an Utilities - Independent Power Producers company?
The median 5-Year Yield-on-Cost % among Utilities - Independent Power Producers companies is 3.68, based on 238 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year Yield-on-Cost % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year Yield-on-Cost % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Zhejiang Provincial New Energy Investment Group Co's current 5-Year Yield-on-Cost % of 0.90 is 75.5% 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 5-Year Yield-on-Cost % mean?
A high 5-Year Yield-on-Cost % can signal that a stock is expensive relative to its fundamentals. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Zhejiang Provincial New Energy Investment Group Co and its competitors. For the Utilities - Independent Power Producers industry, the median 5-Year Yield-on-Cost % is 3.68 — 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 5-Year Yield-on-Cost % is 0.90, which is 22% above median its own 10-year median of 0.74. 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 ¥7.50, compared to a current price of ¥7.24 — trading 3.5% below its estimated fair value. The current 5-Year Yield-on-Cost % is 0.90, which is 22% above median its 10-year median of 0.74 and 75.5% below the Utilities - Independent Power Producers industry median of 3.68. 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 5-Year Yield-on-Cost % calculated?
5-Year Yield-on-Cost % is calculated from a company's financial statements. For Zhejiang Provincial New Energy Investment Group Co (SHSE:600032), the current 5-Year Yield-on-Cost % is 0.90 as of Jul. 30, 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 Â¥7.24 is trading 3.5% below its estimated GF Value™ of Â¥7.50. GuruFocus considers Zhejiang Provincial New Energy Investment Group Co to be Fairly Valued.

Key valuation signals for SHSE:600032:

  • 5-Year Yield-on-Cost %: 0.90 (22% above median its 10-year median of 0.74)
  • GF Value™: Â¥7.50 vs. price of Â¥7.24 (3.5% below fair value)
  • GF Score™: 74/100 with 9 warning signs
  • Industry Position: 75.5% below the Utilities - Independent Power Producers median (#200 of 238)

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

Â¥7.24
Price
Â¥7.50
GF Value