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Zhejiang Zheneng Electric Power Co Stock

Zhejiang Zheneng Electric Power Co P/S 2024

Zhejiang Zheneng Electric Power Co P/S

0.91

Ticker

600023.SS

ISIN

CNE100001SP3

As of Sep 30, 2024, Zhejiang Zheneng Electric Power Co's P/S ratio stood at 0.91, a 31.88% change from the 0.69 P/S ratio recorded in the previous year.

The Zhejiang Zheneng Electric Power Co P/S history

Zhejiang Zheneng Electric Power Co Aktienanalyse

What does Zhejiang Zheneng Electric Power Co do?

Zhejiang Zheneng Electric Power Co Ltd, founded in 2002, is one of the major energy companies in China. It is a publicly traded company headquartered in Hangzhou, Zhejiang Province. Zheneng Electric Power employs over 3000 employees and operates various business sectors in the energy industry. The history of Zhejiang Zheneng Electric Power began in 2002 when the company was founded. Over the years, the company has experienced strong growth and is now a key player in the Chinese energy industry. Zheneng Electric Power operates a variety of power plants, including coal-fired power plants, gas-fired power plants, wind power plants, and solar facilities. The business model of Zhejiang Zheneng Electric Power focuses on the development of power generation facilities and the provision of energy supply services. The company offers comprehensive solutions for the planning, construction, and operation of power plants. Zheneng Electric Power is committed to delivering high-quality energy and environmentally friendly technologies to meet China's energy needs. Zheneng Electric Power operates various divisions in the energy industry. The main divisions are power generation, power transmission, and power distribution. The company operates more than 30 power plants in different provinces in China and has an installed capacity of over 11,000 MW. Zheneng Electric Power is also involved in power transmission and distribution, participating in various construction projects related to power lines and energy storage systems. Zhejiang Zheneng Electric Power offers a wide range of products and services. The company is capable of developing and constructing gas and steam turbine power plants, coal-fired power plants, solar facilities, and wind power plants. Zheneng Electric Power is also able to provide comprehensive solutions for the maintenance and operation of power plants. Additionally, the company offers services in the field of energy conservation and environmental technology. Overall, Zhejiang Zheneng Electric Power Co Ltd is a key player in the Chinese energy industry. The company has developed a wide range of products and services to meet China's energy needs. Zheneng Electric Power is committed to focusing on the development of environmentally friendly technologies and providing high-quality energy supply services. Zhejiang Zheneng Electric Power Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Zhejiang Zheneng Electric Power Co's P/S Ratio

Zhejiang Zheneng Electric Power Co's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing Zhejiang Zheneng Electric Power Co's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating Zhejiang Zheneng Electric Power Co's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in Zhejiang Zheneng Electric Power Co’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about Zhejiang Zheneng Electric Power Co stock

What is the price-to-earnings ratio of Zhejiang Zheneng Electric Power Co?

The price-earnings ratio of Zhejiang Zheneng Electric Power Co is currently 0.91.

How has the price-earnings ratio of Zhejiang Zheneng Electric Power Co changed compared to last year?

The price-to-earnings ratio of Zhejiang Zheneng Electric Power Co has increased by 31.88% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Zhejiang Zheneng Electric Power Co high compared to other companies?

Yes, the price-to-earnings ratio of Zhejiang Zheneng Electric Power Co is high compared to other companies.

How does an increase in the price-earnings ratio of Zhejiang Zheneng Electric Power Co affect the company?

An increase in the price-earnings ratio of Zhejiang Zheneng Electric Power Co would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Zhejiang Zheneng Electric Power Co affect the company?

A decrease in the price-earnings ratio of Zhejiang Zheneng Electric Power Co would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Zhejiang Zheneng Electric Power Co?

Some factors that influence the price-earnings ratio of Zhejiang Zheneng Electric Power Co are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Zhejiang Zheneng Electric Power Co pay?

Over the past 12 months, Zhejiang Zheneng Electric Power Co paid a dividend of 0.23 CNY . This corresponds to a dividend yield of about 3.55 %. For the coming 12 months, Zhejiang Zheneng Electric Power Co is expected to pay a dividend of 0 CNY.

What is the dividend yield of Zhejiang Zheneng Electric Power Co?

The current dividend yield of Zhejiang Zheneng Electric Power Co is 3.55 %.

When does Zhejiang Zheneng Electric Power Co pay dividends?

Zhejiang Zheneng Electric Power Co pays a quarterly dividend. This is distributed in the months of July, August, August, August.

How secure is the dividend of Zhejiang Zheneng Electric Power Co?

Zhejiang Zheneng Electric Power Co paid dividends every year for the past 3 years.

What is the dividend of Zhejiang Zheneng Electric Power Co?

For the upcoming 12 months, dividends amounting to 0 CNY are expected. This corresponds to a dividend yield of 0 %.

In which sector is Zhejiang Zheneng Electric Power Co located?

Zhejiang Zheneng Electric Power Co is assigned to the 'Utilities' sector.

Wann musste ich die Aktien von Zhejiang Zheneng Electric Power Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Zhejiang Zheneng Electric Power Co from 7/9/2024 amounting to 0.25 CNY, you needed to have the stock in your portfolio before the ex-date on 7/9/2024.

When did Zhejiang Zheneng Electric Power Co pay the last dividend?

The last dividend was paid out on 7/9/2024.

What was the dividend of Zhejiang Zheneng Electric Power Co in the year 2023?

In the year 2023, Zhejiang Zheneng Electric Power Co distributed 0 CNY as dividends.

In which currency does Zhejiang Zheneng Electric Power Co pay out the dividend?

The dividends of Zhejiang Zheneng Electric Power Co are distributed in CNY.

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Andere Kennzahlen von Zhejiang Zheneng Electric Power Co

Our stock analysis for Zhejiang Zheneng Electric Power Co Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Zhejiang Zheneng Electric Power Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.