Zhejiang Zheneng Electric Power Co Ltd (SHG:600023) — Market Cap & Net Worth
Market Cap & Net Worth: Zhejiang Zheneng Electric Power Co Ltd (600023)
Zhejiang Zheneng Electric Power Co Ltd (SHG:600023) has a market capitalization of $9.73 Billion (CN¥66.51 Billion) as of August 7, 2026. Listed on the SHG stock exchange, this China-based company holds position #2286 globally and #250 in its home market, demonstrating a -3.50% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Zhejiang Zheneng Electric Power Co Ltd's stock price CN¥4.96 by its total outstanding shares 13408732749 (13.41 Billion). See Zhejiang Zheneng Electric Power Co Ltd (600023) reinvestment ratio to understand how much of operating cash flow is reinvested back into capital assets.
Zhejiang Zheneng Electric Power Co Ltd Market Cap History: 2015 to 2026
Zhejiang Zheneng Electric Power Co Ltd's market capitalization history from 2015 to 2026. Data shows change from $11.09 Billion to $9.73 Billion (-1.95% CAGR).
Zhejiang Zheneng Electric Power Co Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Zhejiang Zheneng Electric Power Co Ltd's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.12x
Zhejiang Zheneng Electric Power Co Ltd's market cap is 0.12 times its annual revenue
Latest Price to Earnings (P/E) Ratio
1.29x
Zhejiang Zheneng Electric Power Co Ltd's market cap is 1.29 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2016 | $8.46 Billion | $39.18 Billion | $6.22 Billion | 0.22x | 1.36x |
| 2017 | $8.65 Billion | $51.19 Billion | $4.33 Billion | 0.17x | 1.99x |
| 2018 | $7.93 Billion | $56.63 Billion | $4.04 Billion | 0.14x | 1.97x |
| 2019 | $6.91 Billion | $54.37 Billion | $4.29 Billion | 0.13x | 1.61x |
| 2020 | $6.68 Billion | $51.68 Billion | $6.09 Billion | 0.13x | 1.10x |
| 2021 | $7.93 Billion | $71.08 Billion | -$836.73 Million | 0.11x | N/A |
| 2022 | $6.85 Billion | $80.19 Billion | -$1.83 Billion | 0.09x | N/A |
| 2023 | $9.05 Billion | $95.98 Billion | $6.52 Billion | 0.09x | 1.39x |
| 2024 | $11.11 Billion | $88.00 Billion | $7.75 Billion | 0.13x | 1.43x |
| 2025 | $9.71 Billion | $79.55 Billion | $7.53 Billion | 0.12x | 1.29x |
Competitor Companies of 600023 by Market Capitalization
Companies near Zhejiang Zheneng Electric Power Co Ltd in the global market cap rankings as of August 7, 2026.
Key companies related to Zhejiang Zheneng Electric Power Co Ltd by market ranking:
- Constellation Energy Corp (NASDAQ:CEG): Ranked #273 globally with a market cap of $94.60 Billion USD.
- Vistra Energy Corp (NYSE:VST): Ranked #566 globally with a market cap of $47.90 Billion USD.
- Adani Power Limited (NSE:ADANIPOWER): Ranked #627 globally with a market cap of $43.51 Billion USD ( Rs4.02 Trillion INR).
- Gulf Energy Development Public Company Limited (BK:GULF): Ranked #865 globally with a market cap of $31.43 Billion USD ( ฿1.01 Trillion THB).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #273 | Constellation Energy Corp | NASDAQ:CEG | $94.60 Billion | $261.10 |
| #566 | Vistra Energy Corp | NYSE:VST | $47.90 Billion | $141.38 |
| #627 | Adani Power Limited | NSE:ADANIPOWER | $43.51 Billion | Rs208.63 |
| #865 | Gulf Energy Development Public Company Limited | BK:GULF | $31.43 Billion | ฿67.50 |
Zhejiang Zheneng Electric Power Co Ltd Historical Marketcap From 2015 to 2026
Between 2015 and today, Zhejiang Zheneng Electric Power Co Ltd's market cap moved from $11.09 Billion to $ 9.73 Billion, with a yearly change of -1.95%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥9.73 Billion | +0.20% |
| 2025 | CN¥9.71 Billion | -12.54% |
| 2024 | CN¥11.11 Billion | +22.78% |
| 2023 | CN¥9.05 Billion | +32.09% |
| 2022 | CN¥6.85 Billion | -13.61% |
| 2021 | CN¥7.93 Billion | +18.59% |
| 2020 | CN¥6.68 Billion | -3.30% |
| 2019 | CN¥6.91 Billion | -12.85% |
| 2018 | CN¥7.93 Billion | -8.27% |
| 2017 | CN¥8.65 Billion | +2.25% |
| 2016 | CN¥8.46 Billion | -23.77% |
| 2015 | CN¥11.09 Billion | -- |
End of Day Market Cap According to Different Sources
On Aug 7th, 2026 the market cap of Zhejiang Zheneng Electric Power Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $9.73 Billion USD |
| MoneyControl | $9.73 Billion USD |
| MarketWatch | $9.73 Billion USD |
| marketcap.company | $9.73 Billion USD |
| Reuters | $9.73 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Zhejiang Zheneng Electric Power Co Ltd
Zhejiang Zheneng Electric Power Co., Ltd. engages in thermal power generation business in China and internationally. The company provides thermal products, as well as invests in nuclear power projects. It also engages in gas power generation, integrated energy and other businesses; coal-fired generation; shipping and port management services; and engineering maintenance, power equipment and engin… Read more