Algo version: 0.98b
Zhejiang Zheneng Electric is listed at the SHH Exchange
Zhejiang Zheneng Electric [600023.SS]
SHH Sector: Utilities Industry:Utilities—Independent Power Producers

Is Zhejiang Zheneng Electric stock a buy?

What Is The Conclusion?

Right now our advanced algorithms say:

Do the analyst corps agree?

Interesting Questions and Easy Answers!

Yes, Zhejiang Zheneng Electric pays dividends. Last time was Tuesday 9th of July 2024 where the investors holding the stock on Tuesday 9th of July 2024 were paid CNY0.25 per share. Over the last 9 times between 2014 and 2024, Zhejiang Zheneng Electric has paid CNY1.89334 with an average of CNY0.21 per share.

Sorry, we do not have any analyst data for this ticker

We cannot find data for Zhejiang Zheneng Electric 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was CNY4.07, you would have made a profit of CNY1.950 per share or 47.91%

Yes, the average daily trading liquidity for Zhejiang Zheneng Electric is CNY41.93 million. You should therefore be able to get in and out of your positions relatively fast.

Zhejiang Zheneng Electric has a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. With a normal cash flow to debt ratio of 0.30, the company's ability to pay off the debt is normal. Zhejiang Zheneng Electric has a good net profit margin of 7.47% and should have high tolerances against inflation.

We have calculated the inflation risk for Zhejiang Zheneng Electric to be low [0.4 of 1]

US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.