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← CockpitCompetitor Analysis › 605162.SS Zhejiang Xinzhonggang Thermal Power Co., Ltd. Class AOpen in the cockpit ↗

Zhejiang Xinzhonggang Thermal Power Co., Ltd. Class A605162.SSCompetitor analysis, valuation and peers

China · CNY·Utilities›Electric Utilities
Momentum neutral 40
Mkt cap
$556M
US dollars, full cap
Free float
79%
of shares outstanding
$/day
$14.9M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
+7.4 pp
WACC 5.6%
Hurdle
-4 pp
Req g minus delivered
Close · CNYCN¥8.37
1D+1.7%
1W+8.0%
1M-19.1%
3M-0.8%
6M-25.0%
YTD-2.0%
1Y-8.5%
ATR %6.0%
52w lowhigh45.9% off high

What Zhejiang Xinzhonggang Thermal Power does

Employees: 380

Zhejiang Xinzhonggang Thermal Power at a glance

Size Zhejiang Xinzhonggang Thermal Power (605162.SS) is a China Utilities company (Electric Utilities) with a market value of $556M, the 3602nd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥8.37 on 6 Nov 2026.

Performance Over six months the shares fell 25.0%, against -24.2% for the median peer and -16.4% for the China market (cap-weighted) — 11th highest of 21 in its peer set.

Growth Revenue fell 5.1% over the last twelve months (peer median +4.0%); the operating margin is 19.1% (peer median 3.9%).

Valuation It trades at 4.6× enterprise value to sales against a peer median of 1.7× (3rd most expensive of 21).

Price implies For today's price to make sense, revenue must grow about 1% a year for seven years (Req g). Recent delivered growth is +4%, so the hurdle is -4 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 7.4 points above its cost of capital (5.6% WACC).

Relative performance

608010011 May 202611 Aug 20266 Nov 2026Peer median 74605162.SS 73
Six months, rebased to 100: Zhejiang Xinzhonggang Thermal Power against the median of its 20 peers (local-currency closes).

Zhejiang Xinzhonggang Thermal Power financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥711MCN¥707MCN¥872MCN¥956MCN¥961M
Revenue growth—-19%-9%-1%—
Gross profitCN¥274MCN¥224MCN¥242MCN¥217MCN¥179M
EBITDAn/aCN¥278MCN¥282MCN¥237MCN¥215M
Net incomeCN¥98.4MCN¥123MCN¥147MCN¥149MCN¥116M
Free cash flowCN¥128MCN¥108MCN¥11.5MCN¥115MCN¥32.9M
Capital expenditureCN¥93.2MCN¥257MCN¥276MCN¥117MCN¥133M
Total debtCN¥12.8MCN¥423MCN¥423MCN¥393MCN¥117M

Quarterly statements and history in the cockpit →

Zhejiang Xinzhonggang Thermal Power competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-40%-20%0%+20%-30%-20%-10%0%ELMRAADX000037605028600505071320VLTSA000720HNRG605580GNE000862AC5600969300982002479PTCEDN605162.SS6-month return →1-month return →
Up and to the right = strong over both horizons. Zhejiang Xinzhonggang Thermal Power is the large dot.

Fundamentals: revenue growth against valuation

0%+20%0×2.5×5×7.5×ELMRAADX000037605028600505071320VLTSA000720600101HNRG605580GNE000862600979AC5600969300982002479PTCEDN605162.SSRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Zhejiang Xinzhonggang Thermal Power is the large dot.

Capital: growth delivered against growth the price implies

-20%-10%0%+10%+20%-20%0%20%ELMRA605028600505071320605580GNE000862AC5002479PTC605162.SSGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Zhejiang Xinzhonggang Thermal Power is the large dot.

Zhejiang Xinzhonggang Thermal Power competitors and peer comparison

How Zhejiang Xinzhonggang Thermal Power compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Zhejiang Xinzhonggang Thermal Power against its 20 peers (data as of 6 Nov 2026)
Measure605162.SSPeer medianRank in peer set
1-month return-19.1%-9.4%4th lowest of 21
6-month return-25.0%-24.2%11th highest of 21
Distance from 52-week high-45.9%-39.0%8th lowest of 21
Revenue growth (TTM)-5.1%+4.0%6th lowest of 21
Operating margin19.1%3.9%2nd highest of 21
EV / Sales4.6×1.7×3rd most expensive of 21
Growth the price implies (Req g, 7 yrs)0.8%-1.4%5th most demanding of 12
Growth delivered (Del g)+4.4%+7.1%5th lowest of 12
Hurdle (Req g minus delivered)-3.6 pp-8.2 pp5th most demanding of 12
ROIC minus cost of capital+7.4 pp-0.9 pp3rd highest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Zhejiang Xinzhonggang Thermal Power 605162.SSChina$556M-25%-5%19%4.6×0.8%+4.4%
Elmera ELMRA.OLNorway$549M+43%+48%5%0.4×-15.6%+24.2%
Audax Renovables ADX.MCSpain$564M-21%-8%4%0.5×n/an/a
Shenzhen Nanshan Power 000037.SZChina$527M-18%+35%-7%7.4×n/an/a
Ningbo Shimao Energy 605028.SSChina$522M-21%0%36%9.4×9.5%+1.5%
Sichuan Xichang Electric Power 600505.SSChina$520M-31%-10%7%3.6×1.2%+9.5%
KDHC 071320.KSSouth Korea$601M-8%+1%15%1.2×-11.2%+13.8%
Voltalia VLTSA.PAFrance$602M-42%+19%12%4.4×n/an/a
Shandong Xinneng Taishan Power Generation 000720.SZChina$602M-28%+8%-39%4.2×n/an/a
Sichuan Mingxing Electric Power 600101.SSChina$620M-23%+2%6%1.1×n/an/a
Hallador Energy HNRGUnited States$476M-46%+8%2%1.1×n/an/a
Hengsheng Energy 605580.SSChina$653M-28%+30%19%4.5×15.7%+14.1%
Genie Energy GNEUnited States$466M+23%+10%3%0.5×-3.6%+7.1%
Ning Xia Yin Xing Energy 000862.SZChina$665M-25%-8%0%4.3×-1.4%+1.7%
Sichuan Guangan AAA Public 600979.SSChina$670M-28%+4%-5%3.0×n/an/a
Acinque AC5.MIItaly$460M-6%-11%3%1.1×12.8%+9.3%
Hunan Chendian International Development 600969.SSChina$453M-18%+4%3%2.2×0.2%+6.4%
Suwen Electric Energy Technology 300982.SZChina$448M-41%-55%-13%2.5×n/an/a
Zhejiang Fuchunjiang Environmental Thermoelectric 002479.SZChina$704M-2%+26%9%1.0×-10.7%+2.9%
PTC India PTC.NSIndia$437M-39%+13%4%0.2×-18.2%-1.4%
Empresa Distribuidora Y Comercializadora Norte S.A. Sponsored ADR EDNUnited States$738M-40%+2%6%0.4×n/an/a

Questions

Which companies are Zhejiang Xinzhonggang Thermal Power's closest peers?
The cockpit's peer set: Elmera (ELMRA.OL), Audax Renovables (ADX.MC), Shenzhen Nanshan Power (000037.SZ), Ningbo Shimao Energy (605028.SS), Sichuan Xichang Electric Power (600505.SS), KDHC (071320.KS), Voltalia (VLTSA.PA), Shandong Xinneng Taishan Power Generation (000720.SZ).
Is Zhejiang Xinzhonggang Thermal Power expensive compared with its peers?
On ev / sales it trades at 4.6× against a peer median of 1.7×, 3rd most expensive of 21 in its peer set. For today's price to make sense, revenue must grow about 1% a year for seven years (Req g). Recent delivered growth is +4%, so the hurdle is -4 pp: the price already allows for a slowdown.
How has Zhejiang Xinzhonggang Thermal Power stock performed?
Over six months to 6 Nov 2026 the shares returned -25.0% against -24.2% for the median peer; over one year -8.5%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.