Zhejiang Zheneng Electric Power Co., Ltd.

Shanghai Stock Exchange 600023.SS

Zhejiang Zheneng Electric Power Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2023: 0.75

Zhejiang Zheneng Electric Power Co., Ltd. Debt to Equity Ratio is 0.75 for the year ending December 31, 2023, a 13.06% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Zhejiang Zheneng Electric Power Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2022 was 0.66, a 34.91% change year over year.
Zhejiang Zheneng Electric Power Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2021 was 0.49, a 24.45% change year over year.
Zhejiang Zheneng Electric Power Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2020 was 0.39, a -12.14% change year over year.
Zhejiang Zheneng Electric Power Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2019 was 0.45, a -9.83% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

Shanghai Stock Exchange: 600023.SS

Zhejiang Zheneng Electric Power Co., Ltd.

CEO	Mr. Lu Cao
IPO Date	Dec. 19, 2013
Location	China
Headquarters	Zheneng Building
Employees	9,897
Sector	Energy
Industries Nuclear Coal Electricity Gas Geothermal Energy Hydro Energy Renewables Wind Energy

Description

Zhejiang Zheneng Electric Power Co., Ltd. engages in thermal power generation business in China. It also provides thermal products, as well as invests and manages gas power and nuclear power projects. The company is based in Hangzhou, China. Zhejiang Zheneng Electric Power Co., Ltd. is a subsidiary of Zhejiang Provincial Energy Group Company Ltd.

Key trends

Past 5 years