Equities

Zhejiang Provincial New Energy Investment Group Co Ltd

600032:SHH

Zhejiang Provincial New Energy Investment Group Co Ltd

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UtilitiesElectricity
  • Price (CNY)6.67
  • Today's Change-0.20 / -2.91%
  • Shares traded2.80m
  • 1 Year change-34.67%
  • Beta1.6727
Data delayed at least 15 minutes, as of Sep 13 2024 08:00 BST.
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Inc stmt in CNYIncome statement in CNYView more

Year on year Zhejiang Provincial New Energy Investment Group Co Ltd's net income fell -19.10% from 775.20m to 627.15m despite relatively flat revenues. A contributing factor has been an increase in the percentage of sales devoted to the cost of goods sold from 46.11% to 48.98%.
Gross margin49.49%
Net profit margin22.74%
Operating margin26.48%
Return on assets2.10%
Return on equity6.42%
Return on investment2.85%
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Cash flow in CNYView more

In 2023, Zhejiang Provincial New Energy Investment Group Co Ltd did not generate a significant amount of cash. However, the company earned 2.46bn from its operations for a Cash Flow Margin of 54.38%. In addition the company generated 2.36bn cash from financing while 4.80bn was spent on investing.
Cash flow per share--
Price/Cash flow per share--
Book value per share5.16
Tangible book value per share4.97
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Balance sheet in CNYView more

Zhejiang Provincial New Energy Investment Group Co Ltd has a Debt to Total Capital ratio of 64.07%, a lower figure than the previous year's 216.10%.
Current ratio1.39
Quick ratio1.39
Total debt/total equity2.71
Total debt/total capital0.6407
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Growth rates in CNY

Year on year, growth in dividends per share increased 1.16% while earnings per share excluding extraordinary items fell by -26.72%. The positive trend in dividend payments is noteworthy since only some companies in the Electric Utilities industry pay a dividend. Additionally, five year annualized earnings per share growth ranks above the industry average relative to its peers.
Div yield(5 year avg)0.35%
Div growth rate (5 year)--
Payout ratio (TTM)21.70%
EPS growth(5 years)30.43
EPS (TTM) vs
TTM 1 year ago
84.88
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