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Zhejiang Provincial New Energy Investment Group Co., Ltd. (SHA:600032)
China flag China · Delayed Price · Currency is CNY
7.34
+0.10 (1.38%)
Jul 31, 2026, 3:00 PM CST

SHA:600032 Financials Overview

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
4,7574,8764,9614,5234,5983,235
Revenue Growth
-2.91%-1.72%9.68%-1.62%42.14%37.86%
Net Income
450.4505.93566.5627.15775.84689.25
Earnings Per Share
0.190.210.240.270.370.35
EPS Growth
-5.70%-10.70%-13.73%-26.78%7.87%128.10%

Revenue by Segment
Chart
Fiscal YearFY 2025FY 2024
Period EndingDec '25 Dec '24
Hydropower
987.511,074
Photovoltaic
1,8431,751
Wind Power Business
1,9862,063
Other Operations
7.3812.64
Unallocated Other Business
52.8961.02
Total
4,8764,961

Cash & Debt
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
1,9262,5911,8792,4232,4093,835
Total Debt
35,56935,73935,77931,32029,81924,349
Net Cash (Debt)
-33,643-33,149-33,899-28,897-27,409-20,513
Net Cash Growth
------
Net Cash Per Share
-13.99-13.79-14.10-12.58-13.18-10.29

Cash Flow & CapEx
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
4,4164,5002,8242,4602,9111,159
Capital Expenditures
-2,189-2,685-1,602-4,227-3,299-2,832
Free Cash Flow
2,2271,8161,222-1,767-388.65-1,673
Free Cash Flow Growth
180.69%48.62%----

Margins
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Pretax Margin
17.00%18.68%20.17%24.51%28.24%34.97%
Profit Margin
9.47%10.38%11.42%13.87%16.87%21.31%
FCF Margin
46.81%37.23%24.62%-39.06%-8.45%-51.70%

Dividends
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
0.0640.0640.0710.0700.0800.045
Dividend Per Share Growth
-9.86%-9.86%1.43%-12.50%77.78%-
Dividend Yield
0.88%0.87%0.97%0.89%0.72%0.30%

Valuation
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
39.1935.2231.4130.9030.8046.66
Forward PE
-17.1816.4423.03--
P/FCF Ratio
7.939.8114.57---
PS Ratio
3.713.653.594.295.209.94