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ENN Energy Holdings Limited (HK:2688)
:2688
2688 Stock Chart & Stats
HK$68.30
-HK$0.75(-1.36%)
At close: 4:00 PM EST
HK$68.30
-HK$0.75(-1.36%)
Day’s Range― - ―
52-Week RangeHK$49.80 - HK$73.80
Previous CloseN/A
Volume2.31M
Average Volume (3M)3.20M
Market Cap
HK$77.12B
Enterprise ValueHK$90.56B
Total Cash (Recent Filing)HK$6.34B
Total Debt (Recent Filing)HK$19.54B
Price to Earnings (P/E)12.1
Beta0.95
Next EarningsN/A
EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield4.3%
Share Statistics
EPS (TTM)N/A
Shares Outstanding1,131,839,200
10 Day Avg. Volume3,618,155
30 Day Avg. Volume3,200,313
Financial Highlights & Ratios
PEG Ratio-0.86
Price to Book (P/B)1.30
Price to Sales (P/S)0.53
P/FCF Ratio16.49
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$79.82Price Target Upside16.87% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Decarbonisation InitiativesENN is one of the top three gas distributors in China and the first to disclose a detailed decarbonisation roadmap, paving the way for business opportunities from China’s decarbonisation journey.
Earnings GrowthRobust earnings growth from integrated energy and value-added businesses is expected to increase gross profit by 8% in FY25, driven by national carbon reduction efforts and enhanced energy efficiency.
Gas Volume GrowthGas volume growth is anticipated to be driven by new industrial customers, with a projected increase of around 4% in FY25, alongside an increase in dollar margin due to lower gas procurement costs and better efficiency.
Bears Say
Economic ChallengesSlower growth outlook amid economic challenges and higher procurement cost could lead to disappointment in earnings growth.
Market SentimentPositives are considered to be already reflected in the price, leading to a downgrade to HOLD despite the target price increase to HKD70.
Turnover Growth ReductionsTurnover growth assumptions were cut by 11ppt for integrated energy and 10ppt for smart home operations, resulting in a 4%/8% cut in FY25/FY26F domestic profit.
ENN Energy Holdings News
2688 FAQ
What was ENN Energy Holdings Limited’s price range in the past 12 months?
ENN Energy Holdings Limited lowest stock price was HK$49.80 and its highest was HK$73.80 in the past 12 months.
What is ENN Energy Holdings Limited’s market cap?
ENN Energy Holdings Limited’s market cap is HK$77.12B.
When is ENN Energy Holdings Limited’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were ENN Energy Holdings Limited’s earnings last quarter?
Currently, no data Available
Is ENN Energy Holdings Limited overvalued?
According to Wall Street analysts ENN Energy Holdings Limited’s price is currently Undervalued.
Does ENN Energy Holdings Limited pay dividends?
ENN Energy Holdings Limited pays a Semiannually dividend of HK$0.65 which represents an annual dividend yield of 4.3%. See more information on ENN Energy Holdings Limited dividends here
What is ENN Energy Holdings Limited’s EPS estimate?
ENN Energy Holdings Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does ENN Energy Holdings Limited have?
ENN Energy Holdings Limited has 1,131,839,200 shares outstanding.
What happened to ENN Energy Holdings Limited’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of ENN Energy Holdings Limited?
Currently, no hedge funds are holding shares in HK:2688
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
ENN Energy Holdings Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
37.61%
12-Months-Change
Fundamentals
Return on Equity
13.36%
Trailing 12-Months
Asset Growth
4.07%
Trailing 12-Months
Company Description
ENN Energy Holdings Limited
ENN Energy Holdings Limited, an investment holding company, engages in the investment, construction, operation, and management of gas pipeline infrastructures; and integrated energy, and vehicle and ship refueling stations in the People's Republic of China. It operates through five segments: Retail Gas Sales Business, Integrated Energy Business, Wholesale of Gas, Construction and Installation, and Value Added Business. The company also sells and distributes piped gas, liquefied natural gas, and other multi-energy products; and provides other services in relation to energy supply. In addition, it is involved in the business of energy trading; retail of gas pipelines, and related materials and equipment; transportation of oil products and gas; and sourcing and sell of LNG, as well as wholesale and retail of LNG, CNG, gas equipment, appliances, and others; and provision of financial services. As of December 31, 2021, the company served approximately 25 million residential customers and 200,000 commercial/industrial customers. The company was formerly known as XinAo Gas Holdings Limited and changed its name to ENN Energy Holdings Limited in September 2010. ENN Energy Holdings Limited was founded in 1992 and is headquartered in Langfang, China.
2688 Stock 12 Month Forecast
Average Price Target
HK$79.82
▲(16.87% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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