Zhejiang Provincial New Energy Investment Group Co Ltd is a China-based company primarily engaged in new energy power generation business. The Companyâs main business is engaged in the investment, development, construction, operation and management of renewable energy business such as wind power, photovoltaics, hydropower, hydrogen energy and energy storage. The Companyâs hydropower business covers conventional hydropower and pumped storage, the wind power business covers offshore wind power and onshore wind power, and the photovoltaic business covers centralized photovoltaic and distributed photovoltaic. The Company is also engaged in the hydrogenation equipment business and green certificate trading business. The Company mainly conducts its business in the domestic market.

Employees

845

Sector

Independent Power Producers

Calendar

2024-10-24 - Q3 2024 Earnings Release (Projected)

More about the company

Quotes

Date	Price	Change	Volume
24-09-06	6.860 ¥	-2.00%	3,380,400
24-09-05	7.000 ¥	-0.57%	2,808,300
24-09-04	7.040 ¥	0.00%	3,732,900
24-09-03	7.040 ¥	-0.14%	4,448,000
24-09-02	7.050 ¥	+0.86%	7,571,200

End-of-day quote Shanghai S.E., September 05, 2024

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Income Statement and Estimates

More financial data

Ratings

Trading Rating

Investor Rating

ESG Refinitiv

C

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

1

Last Close Price

6.860CNY

Average target price

9.000CNY

Spread / Average Target

+31.20%

Consensus

Profit revisions

Estimate revisions

Annual profits - Rate of surprise

Company calendar

End-of-day quote Shanghai S.E. Other stock markets 2024-09-06			5-day change	1st Jan Change
6.860 ^CNY	-2.00%		-1.86%	-14.89%

08-27	Zhejiang Provincial New Energy Investment's H1 Profit Jumps 50%, Operating Income Climbs 16%	MT
08-26	Zhejiang Provincial New Energy Investment Group Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2024	CI

Capitalization	16.5B 2.33B 3.16B	P/E ratio 2024 *	15.2x	P/E ratio 2025 *	12.7x
Enterprise value	16.5B 2.33B 3.16B	EV / Sales 2024 *	2.94x	EV / Sales 2025 *	2.78x
Free-Float	15.35%	Yield 2024 *	1.9%	Yield 2025 *	2.33%

Zhejiang Provincial New Energy Investment's H1 Profit Jumps 50%, Operating Income Climbs 16%	08-27	MT
Zhejiang Provincial New Energy Investment Group Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2024	08-26	CI
Zhejiang Provincial New Energy's Power Generation Jumps 35% in H1	07-09	MT
Certain A Shares of Zhejiang Provincial New Energy Investment Group Co., Ltd. are subject to a Lock-Up Agreement Ending on 25-MAY-2024.	05-24	CI
Zhejiang Provincial New Energy Investment Group Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024	04-29	CI
Zhejiang Provincial New Energy Investment Group Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023	04-29	CI
Zhejiang Provincial New Energy Investment Group Co., Ltd. agreed to acquire 80% stake in Jiuquan Zhexinneng Wind Power Generation Co., Ltd. from Riyue Heavy Industry Co., Ltd. for CNY 380 million.	03-20	CI
Zhejiang Provincial New Energy Investment Group Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2023	23-10-26	CI
Jinko Power Technology Co.,Ltd. and Wuhu Jinghuang Photovoltaic Power Generation Co., Ltd. completed the acquisition of 50% stake in Zhejiang Zhejing Photovoltaic Equity Investment Partnership Enterprise (L.P.) from Zhejiang Zheneng Green Energy Equity Investment Fund Partnership Enterprise (Limited Partnership) managed by Zheneng Equity Investment Fund Management Co., Ltd., and others.	23-10-13	CI
Jinko Power Technology Co.,Ltd. and Wuhu Jinghuang Photovoltaic Power Generation Co., Ltd. agreed to acquire 50% stake in Zhejiang Zhejing Photovoltaic Equity Investment Partnership Enterprise (L.P.) from Zhejiang Zheneng Green Energy Equity Investment Fund Partnership Enterprise (Limited Partnership) managed by Zheneng Equity Investment Fund Management Co., Ltd., and others for CNY 300 million.	23-09-20	CI
Zhejiang Provincial New Energy Investment Group Co., Ltd.(XSSC:600032) added to S&P Global BMI Index	23-09-18	CI
Zhejiang Provincial New Energy Investment Group Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2023	23-08-29	CI
Zhejiang Provincial New Energy Investment Raises 3 Billion Yuan From Share Sale	23-05-04	MT

1 day	-2.00%
1 week	-1.86%
Current month	-1.86%
1 month	-4.06%
3 months	-13.05%
6 months	-10.09%
Current year	-14.89%

Zhejiang Provincial New Energy Investment Group Co., Ltd. Stock

Equities

600032

CNE1000051S5

Independent Power Producers

Valuation: Zhejiang Provincial New Energy Investment Group Co., Ltd.

Chart: Zhejiang Provincial New Energy Investment Group Co., Ltd.

Latest news: Zhejiang Provincial New Energy Investment Group Co., Ltd.

Quotes and Performance

Course Extremes

Managers and Directors: Zhejiang Provincial New Energy Investment Group Co., Ltd.

Renewable IPPs

Financials

Company Profile

Quotes

Income Statement and Estimates

Ratings

Analysts' Consensus

Annual profits - Rate of surprise

Director	Title	Age	Since
Li Ping Yang DFI	Director of Finance/CFO	53	19-07-21
Yuan Qi He BRD	Director/Board Member	50	13-12-31
Qin Feng Lu BRD	Director/Board Member	56	03-12-31

Manager	Title	Age	Since
Guo Yun Zhang BRD	Director/Board Member	49	19-10-23
Liang Li Zhang BRD	Director/Board Member	58	22-10-11
Qin Feng Lu BRD	Director/Board Member	56	03-12-31

	2024 *	2025 *
Net sales	5.62B 793M 1.08B	5.94B 838M 1.14B
Net income	1.08B 152M 206M	1.3B 184M 250M
Net Debt	-	-

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5d. change	1-year change	3-years change	Capi. ($)
ZHEJIANG PROVINCIAL NEW ENERGY INVESTMENT GROUP CO., LTD.	-2.00%	-1.86%	-33.78%	-48.15%	2.33B
ADANI GREEN ENERGY LIMITED	-1.43%	+1.37%	+85.20%	+67.45%	35.16B
HUANENG LANCANG RIVER HYDROPOWER INC.	+0.37%	-0.82%	+47.70%	+74.96%	27.68B
EDP RENOVÁVEIS, S.A.	+0.72%	+6.29%	-7.66%	-32.96%	17.76B
NEOEN	-0.10%	+0.05%	+41.39%	+10.62%	6.57B
ENGIE BRASIL ENERGIA S.A.	-0.40%	-0.40%	+9.04%	+13.87%	6.57B
ERG S.P.A.	+0.49%	+0.16%	-0.24%	-4.14%	3.99B
NORTHLAND POWER INC.	-1.35%	-0.92%	-13.76%	-51.96%	3.89B
CLEARWAY ENERGY, INC.	-1.73%	-5.14%	+13.34%	-15.51%	3.16B
ENCAVIS AG	+0.06%	+0.18%	+30.80%	+10.80%	3.06B
Average	-0.54%	-0.24%	+17.20%	+2.50%	11.02B
Weighted average by Cap.	-0.40%	+0.89%	+40.98%	+33.37%