Zhejiang Zheneng Electric Power Co Ltd (600023) - Total Assets

Latest as of March 2026: CN¥154.12 Billion CNY ≈ $22.55 Billion USD

Based on the latest financial reports, Zhejiang Zheneng Electric Power Co Ltd (600023) holds total assets worth CN¥154.12 Billion CNY (≈ $22.55 Billion USD) as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore 600023 operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.

Zhejiang Zheneng Electric Power Co Ltd - Total Assets Trend (2010–2025)

This chart illustrates how Zhejiang Zheneng Electric Power Co Ltd's total assets have evolved over time, based on quarterly financial data. See what is Zhejiang Zheneng Electric Power Co Ltd's book value for net asset value and shareholders' equity analysis.

Zhejiang Zheneng Electric Power Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2025)

Zhejiang Zheneng Electric Power Co Ltd's total assets of CN¥154.12 Billion consist of 22.6% current assets and 77.4% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 9.4%
Accounts Receivable CN¥10.41 Billion 6.7%
Inventory CN¥6.50 Billion 4.2%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥3.04 Billion 1.9%
Goodwill CN¥280.84 Million 0.2%

Asset Composition Trend (2010–2025)

This chart illustrates how Zhejiang Zheneng Electric Power Co Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see 600023 market cap.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Zhejiang Zheneng Electric Power Co Ltd's current assets represent 22.6% of total assets in 2025, an increase from 20.9% in 2010.
  • Cash Position: Cash and equivalents constituted 9.4% of total assets in 2025, up from 9.3% in 2010.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2010.
  • Asset Diversification: The largest asset category is accounts receivable at 6.7% of total assets.

Zhejiang Zheneng Electric Power Co Ltd Competitors by Total Assets

Key competitors of Zhejiang Zheneng Electric Power Co Ltd based on total assets are shown below.

Company Country Total Assets
Huaneng Power International Inc
F:HUP1
Germany €614.70 Billion
Dalian Thermal Power Co Ltd
SHG:600719
China CN¥2.25 Billion
Zespol Elektrowni Patnow Adamow Konin SA
WAR:ZEP
Poland zł3.82 Billion
Maxim Power Corp.
TO:MXG
Canada CA$387.32 Million
AGL Energy Ltd
AU:AGL
Australia AU$15.77 Billion
CGN Power Co Ltd
F:94C
Germany €505.66 Billion
Energy World Corporation Ltd
AU:EWC
Australia AU$777.96 Million
1414 Degrees Ltd
AU:14D
Australia AU$5.59 Million

Zhejiang Zheneng Electric Power Co Ltd - Liquidity and Working Capital Analysis

Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.

Key Liquidity Metrics

Metric Current 1 Year Ago 5 Years Ago
Current Ratio 1.10 1.05 1.62
Quick Ratio 0.91 0.91 1.39
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥3.04 Billion CN¥1.83 Billion CN¥11.73 Billion

Zhejiang Zheneng Electric Power Co Ltd - Advanced Valuation Insights

This section examines the relationship between Zhejiang Zheneng Electric Power Co Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.

Key Valuation Metrics

Current Price-to-Book Ratio 0.94
Latest Market Cap to Assets Ratio 0.06
Asset Growth Rate (YoY) 1.5%
Total Assets CN¥156.34 Billion
Market Capitalization $9.73 Billion USD

Valuation Analysis

Below Book Valuation: The market values Zhejiang Zheneng Electric Power Co Ltd's assets below their book value (0.06x), which may indicate investor concerns about asset quality or future growth.

Positive Asset Growth: Zhejiang Zheneng Electric Power Co Ltd's assets grew by 1.5% over the past year, showing continued investment in the company's operational capacity.

Annual Total Assets for Zhejiang Zheneng Electric Power Co Ltd (2010–2025)

The table below shows the annual total assets of Zhejiang Zheneng Electric Power Co Ltd from 2010 to 2025.

Year Total Assets Change
2025-12-31 CN¥156.34 Billion
≈ $22.88 Billion
+1.46%
2024-12-31 CN¥154.09 Billion
≈ $22.55 Billion
+4.65%
2023-12-31 CN¥147.24 Billion
≈ $21.55 Billion
+21.69%
2022-12-31 CN¥120.99 Billion
≈ $17.70 Billion
+4.58%
2021-12-31 CN¥115.69 Billion
≈ $16.93 Billion
+1.03%
2020-12-31 CN¥114.51 Billion
≈ $16.76 Billion
+3.19%
2019-12-31 CN¥110.97 Billion
≈ $16.24 Billion
+1.16%
2018-12-31 CN¥109.70 Billion
≈ $16.05 Billion
-2.82%
2017-12-31 CN¥112.88 Billion
≈ $16.52 Billion
+6.66%
2016-12-31 CN¥105.84 Billion
≈ $15.49 Billion
+2.10%
2015-12-31 CN¥103.66 Billion
≈ $15.17 Billion
-0.52%
2014-12-31 CN¥104.20 Billion
≈ $15.25 Billion
+13.24%
2013-12-31 CN¥92.02 Billion
≈ $13.47 Billion
+13.07%
2012-12-31 CN¥81.38 Billion
≈ $11.91 Billion
+7.76%
2011-12-31 CN¥75.52 Billion
≈ $11.05 Billion
-3.81%
2010-12-31 CN¥78.51 Billion
≈ $11.49 Billion
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About Zhejiang Zheneng Electric Power Co Ltd

SHG:600023 China Utilities - Independent Power Producers
Market Cap
$9.73 Billion
CN¥66.51 Billion CNY
Market Cap Rank
#2286 Global
#250 in China
Share Price
CN¥4.96
Change (1 day)
+0.40%
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