Zhejiang Zheneng Electric Power Co Ltd (SHG:600023) — Market Cap & Net Worth

$11.30 Billion USD  · CN¥77.23 Billion CNY  · Rank #2066

Market Cap & Net Worth: Zhejiang Zheneng Electric Power Co Ltd (600023)

Zhejiang Zheneng Electric Power Co Ltd (SHG:600023) has a market capitalization of $11.30 Billion (CN¥77.23 Billion) as of June 22, 2026. Listed on the SHG stock exchange, this China-based company holds position #2066 globally and #235 in its home market, demonstrating a -3.52% 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¥5.76 by its total outstanding shares 13408732749 (13.41 Billion). Review 600023 total liabilities to assess the company's total debt and financial obligations.

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 $11.30 Billion (-0.59% 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

Industry average: 1.67x Lower than industry average

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

Industry average: 19.80x Lower than industry average

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 June 22, 2026.

Key companies related to Zhejiang Zheneng Electric Power Co Ltd by market ranking:

  • Constellation Energy Corp (NASDAQ:CEG): Ranked #254 globally with a market cap of $99.29 Billion USD.
  • Vistra Energy Corp (NYSE:VST): Ranked #485 globally with a market cap of $55.48 Billion USD.
  • Adani Power Limited (NSE:ADANIPOWER): Ranked #557 globally with a market cap of $48.34 Billion USD ( Rs4.47 Trillion INR).
  • Gulf Energy Development Public Company Limited (BK:GULF): Ranked #901 globally with a market cap of $29.80 Billion USD ( ฿956.15 Billion THB).
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#254 Constellation Energy Corp NASDAQ:CEG $99.29 Billion $274.06
#485 Vistra Energy Corp NYSE:VST $55.48 Billion $163.75
#557 Adani Power Limited NSE:ADANIPOWER $48.34 Billion Rs231.76
#901 Gulf Energy Development Public Company Limited BK:GULF $29.80 Billion ฿64.00

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 $ 11.30 Billion, with a yearly change of -0.59%.

Year Market Cap Change (%)
2026 CN¥11.30 Billion +16.36%
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 Jun 22nd, 2026 the market cap of Zhejiang Zheneng Electric Power Co Ltd was reported to be:

Source Market Cap
Yahoo Finance $11.30 Billion USD
MoneyControl $11.30 Billion USD
MarketWatch $11.30 Billion USD
marketcap.company $11.30 Billion USD
Reuters $11.30 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

SHG:600023 China Utilities - Independent Power Producers
Market Cap
$11.30 Billion
CN¥77.23 Billion CNY
Market Cap Rank
#2066 Global
#235 in China
Share Price
CN¥5.76
Change (1 day)
-4.64%
52-Week Range
CN¥4.91 - CN¥6.70
All Time High
CN¥7.63
About

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