Zhejiang Provincial New Energy Investment Group Co Ltd Class A 600032

Morningstar Rating
¥7.53 +0.26 (3.58%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

600032 is trading at a 589% premium.
Price
¥7.30
Fair Value
¥4.23
Uncertainty
High
1-Star Price
¥95.72
5-Star Price
¥7.94
Economic Moat
Sqfd
Capital Allocation

Trading Information

Previous Close Price
¥7.27
Day Range
¥7.317.54
52-Week Range
¥6.0010.20
Bid/Ask
¥7.53 / ¥7.54
Market Cap
¥18.11 Bil
Volume/Avg
5.1 Mil / 5.2 Mil

Key Statistics

Price/Earnings (Normalized)
24.91
Price/Sales
3.58
Dividend Yield (Trailing)
1.73%
Dividend Yield (Forward)
1.73%
Total Yield
1.73%

Company Profile

Zhejiang Provincial New Energy Investment Group Co Ltd is engaged in the investment, development, construction and operation management of renewable energy projects such as hydropower, photovoltaic power generation, and wind power generation.
Sector
Utilities
Industry
Utilities - Renewable
Stock Style Box
Mid Core
Total Number of Employees
845
Website

Comparables

Valuation

Metric
600032
001258
601619
Price/Earnings (Normalized)
24.9147.8610.23
Price/Book Value
1.411.911.06
Price/Sales
3.585.733.09
Price/Cash Flow
4.506.763.63
Price/Earnings
600032
001258
601619

Financial Strength

Metric
600032
001258
601619
Quick Ratio
1.321.942.08
Current Ratio
1.392.192.15
Interest Coverage
2.271.755.16
Quick Ratio
600032
001258
601619

Profitability

Metric
600032
001258
601619
Return on Assets (Normalized)
1.38%1.22%3.44%
Return on Equity (Normalized)
6.04%4.18%10.69%
Return on Invested Capital (Normalized)
3.29%2.90%6.23%
Return on Assets
600032
001258
601619

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