Zhejiang Zheneng Electric Power Co., Ltd.
600023
Rank in Stocks
#1989
Zhejiang Zheneng Electric Power Co., Ltd. engages in thermal power generation... Zhejiang Zheneng Electric Power Co., Ltd. engages in thermal power generation business in China and internationally. It also provides thermal products, as well as invests in nuclear power projects. The company also engages in gas power generation, integrated energy and other businesses; coal-fired generation; shipping and port management services; and engineering maintenance, as well as power equipment and engineering, and trading business. Zhejiang Zheneng Electric Power Co., Ltd. was formerly known as Zhejiang Electric Power Development. The company was founded in 1985 and is headquartered in Hangzhou, China. Zhejiang Zheneng Electric Power Co., Ltd. operates as a subsidiary of Zhejiang Provincial Energy Group Company Ltd.
Share Price
$0.78253498
Last synced: 2026-10-16
Market Cap
$10.49B
Change (1 day)
-0.18%
Change (1 year)
7.67%
Country
CN
Trade Zhejiang Zheneng Electric Power Co., Ltd. (600023)
Category
Utilities
Operating Margin for Zhejiang Zheneng Electric Power Co., Ltd. (600023)
Operating Margin as of October 2026 TTM: 4.43%
According to Zhejiang Zheneng Electric Power Co., Ltd. latest financial reports and stock price the company's current Operating Margin (TTM) is 4.43%. At the end of 2023 the company had an Operating Margin of 9.69%.
Operating Margin history for Zhejiang Zheneng Electric Power Co., Ltd. from 2010 to 2026
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2026 (TTM) | 4.43% | -61.65% |
| 2024 | 11.55% | 19.20% |
| 2023 | 9.69% | -599.48% |
| 2022 | -1.94% | -20.82% |
| 2021 | -2.45% | -116.18% |
| 2020 | 15.14% | 41.76% |
| 2019 | 10.68% | 16.72% |
| 2018 | 9.15% | -15.75% |
| 2017 | 10.86% | -50.43% |
| 2016 | 21.91% | -14.48% |
| 2015 | 25.62% | 35.70% |
| 2014 | 18.88% | 8.82% |
| 2013 | 17.35% | 50.87% |
| 2012 | 11.50% | 56.04% |
| 2011 | 7.37% | -32.14% |
| 2010 | 10.86% | 0.00% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin Difference | Country |
|---|---|---|---|
| 52.99% | -88.04% |
CN
|
|
| 14.70% | -96.68% |
US
|
|
| 18.57% | -95.81% |
US
|
|
| 29.55% | -93.33% |
IN
|
|
| 0.00% | - |
CN
|
What is a company's Operating Margin?
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.