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ENN Energy Holdings
(2688)
ENN Energy Holdings (2688) vs. iShares MSCI Hong Kong ETF (EWH)
ENN Energy Holdings Business Overview & Revenue Model
ENN Energy Holdings Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 110.94B | 109.85B | 113.86B | 110.05B | 93.11B | 71.62B |
| Gross Profit | 13.40B | 13.40B | 14.34B | 15.76B | 14.06B | 12.33B |
| EBITDA | 10.87B | 10.75B | 11.56B | 12.70B | 11.29B | 10.03B |
| Net Income | 5.84B | 5.99B | 6.82B | 5.87B | 7.75B | 6.28B |
Balance Sheet | ||||||
| Total Assets | 103.15B | 103.22B | 103.13B | 102.36B | 99.99B | 90.04B |
| Cash, Cash Equivalents and Short-Term Investments | 6.34B | 7.69B | 9.79B | 8.08B | 8.84B | 8.70B |
| Total Debt | 19.54B | 20.39B | 23.33B | 20.41B | 20.44B | 20.17B |
| Total Liabilities | 52.11B | 52.14B | 54.87B | 56.80B | 57.84B | 53.87B |
| Stockholders Equity | 44.98B | 45.10B | 42.66B | 39.04B | 35.78B | 30.56B |
Cash Flow | ||||||
| Free Cash Flow | 2.67B | 3.56B | 3.12B | 3.86B | 4.21B | 4.18B |
| Operating Cash Flow | 9.67B | 10.29B | 9.61B | 10.10B | 10.47B | 9.70B |
| Investing Cash Flow | -5.55B | -4.44B | -4.85B | -5.73B | -6.77B | -6.49B |
| Financing Cash Flow | -5.85B | -7.86B | -3.14B | -5.02B | -3.64B | -1.90B |
ENN Energy Holdings Technical Analysis
ENN Energy Holdings Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | HK$77.01B | 12.04 | 13.36% | 4.30% | -3.19% | -2.68% | |
75 Outperform | HK$49.08B | 16.24 | 7.17% | 4.43% | -4.37% | -41.14% | |
66 Neutral | HK$41.79B | 14.72 | 4.98% | 6.44% | -2.28% | -9.61% | |
66 Neutral | $17.65B | 18.10 | 5.60% | 3.62% | 6.62% | 11.55% | |
65 Neutral | HK$134.54B | 23.87 | 9.86% | 4.94% | 0.36% | 2.55% | |
61 Neutral | HK$13.03B | 7.60 | 6.98% | 6.38% | 3.86% | 30.34% | |
48 Neutral | HK$7.86B | 51.53 | 2.04% | 0.71% | -7.82% | -38.06% |
ENN Energy Holdings Corporate Events
ENN Natural Gas Co., Ltd., together with its Hong Kong affiliate Xinneng (Hong Kong) Energy Investment Limited, has advanced its conditional proposal to privatise ENN Energy Holdings Limited and delist it from the Hong Kong Stock Exchange, announcing completion of the required registration with China’s State Administration of Foreign Exchange (SAFE). This SAFE registration fulfils one of the key pre-conditions for proceeding with the privatisation and related share option offer, alongside previously obtained approvals, filings and clearances from Chinese regulators including NDRC, MOFCOM and antitrust authorities as well as approval by ENN-NG’s independent shareholders, marking a significant step toward executing the transaction and potentially reshaping ENN’s capital-market presence and ownership structure.
The most recent analyst rating on (HK:2688) stock is a Buy with a HK$81.00 price target. To see the full list of analyst forecasts on ENN Energy Holdings stock, see the HK:2688 Stock Forecast page.
ENN Natural Gas Co., Ltd. and Xinneng (Hong Kong) Energy Investment Limited have provided an update on their conditional proposal to privatise ENN Energy Holdings Limited and delist it from the Hong Kong Stock Exchange, confirming completion of a key filing with the Ministry of Commerce in China as part of the regulatory pre-conditions. Alongside earlier approvals from independent shareholders, completion of NDRC filings and confirmation that no merger-control filing with the Anti-trust Bureau of SAMR is required, this latest step signals continued progress toward satisfying all PRC and listing-related pre-conditions necessary for the takeover and privatisation to proceed, with implications for ENN Energy’s future as an unlisted entity and for existing shareholders’ exit terms.
The most recent analyst rating on (HK:2688) stock is a Buy with a HK$81.00 price target. To see the full list of analyst forecasts on ENN Energy Holdings stock, see the HK:2688 Stock Forecast page.
ENN Energy Holdings has received a no‑objection letter from the Shenzhen Stock Exchange to establish its ENN Integrated Energy Phase 1–8 Carbon Neutrality Green Asset‑Backed Special Program, backed by equity interests in project companies that own distributed photovoltaic and energy storage assets in China. The programme will allow the company, through administrators China Securities Finance and Huatai Securities (Shanghai) Asset Management, to issue up to RMB4 billion of asset‑backed securities in as many as eight tranches, with an expected first‑tranche size of about RMB608 million to be listed in Shenzhen, providing a new green financing channel that is intended to optimize the group’s asset and capital structure and support its expansion in low‑carbon energy infrastructure.
The most recent analyst rating on (HK:2688) stock is a Buy with a HK$81.00 price target. To see the full list of analyst forecasts on ENN Energy Holdings stock, see the HK:2688 Stock Forecast page.
ENN Natural Gas Co., Ltd. and its Hong Kong subsidiary Xinneng (Hong Kong) Energy Investment Limited have provided an update on their conditional proposal to privatize ENN Energy Holdings Limited and withdraw its listing from the Hong Kong Stock Exchange, a transaction in which ENN Energy shareholders would receive, among other components, consideration in the form of H shares of ENN Natural Gas. A key pre-condition to the deal is the successful listing by introduction of ENN Natural Gas H shares in Hong Kong, and on 17 December 2025 the company submitted a renewed listing application and an application proof of its listing document, now posted in redacted draft form on the exchange’s website, marking another step toward satisfying regulatory requirements for the restructuring but with details still subject to material change.
The most recent analyst rating on (HK:2688) stock is a Buy with a HK$81.00 price target. To see the full list of analyst forecasts on ENN Energy Holdings stock, see the HK:2688 Stock Forecast page.
ENN Energy Holdings Limited has announced an update regarding its securities, following the exercise and lapse of share options under the ENN 2012 Share Option Scheme. The company issued 776 new shares and saw the lapse of 4,524,537 share options. The announcement is part of a broader proposal by ENN Natural Gas Co., Ltd. to privatize ENN Energy through a scheme of arrangement. Stakeholders are advised to exercise caution as the proposal and share option offer are subject to pre-conditions and conditions that may affect their implementation.
The most recent analyst rating on (HK:2688) stock is a Buy with a HK$81.00 price target. To see the full list of analyst forecasts on ENN Energy Holdings stock, see the HK:2688 Stock Forecast page.
ENN Energy Holdings Limited has announced an update on its securities following the exercise of 13,100 share options under its 2012 Share Option Scheme. This development is part of a broader proposal to privatize the company through a scheme of arrangement, which is subject to certain pre-conditions and conditions being met. Stakeholders are advised to exercise caution as the proposal and share option offer may not necessarily be implemented.
The most recent analyst rating on (HK:2688) stock is a Buy with a HK$81.00 price target. To see the full list of analyst forecasts on ENN Energy Holdings stock, see the HK:2688 Stock Forecast page.
ENN Energy Holdings Limited announced an update regarding its securities, revealing that 2,000 share options were exercised under its 2012 Share Option Scheme, resulting in the issuance of new shares. This development is part of a broader proposal to privatize ENN Energy through a scheme of arrangement, which remains subject to certain pre-conditions and conditions. Stakeholders are advised to exercise caution as the proposal may or may not be implemented.
The most recent analyst rating on (HK:2688) stock is a Buy with a HK$81.00 price target. To see the full list of analyst forecasts on ENN Energy Holdings stock, see the HK:2688 Stock Forecast page.
ENN Energy Holdings Limited announced an update regarding the exercise of share options under its 2012 Share Option Scheme, resulting in the issuance of 7,000 new shares. This update is part of a broader proposal to privatize ENN Energy through a scheme of arrangement, which remains subject to various pre-conditions and conditions. Stakeholders are advised to exercise caution as the proposal may not be implemented.
The most recent analyst rating on (HK:2688) stock is a Buy with a HK$81.00 price target. To see the full list of analyst forecasts on ENN Energy Holdings stock, see the HK:2688 Stock Forecast page.
ENN Energy Holdings Limited has announced an update on its securities following the exercise of 121,950 share options under its 2012 Share Option Scheme. This development is part of a broader proposal to privatize the company through a scheme of arrangement, which is subject to certain pre-conditions and conditions. Stakeholders are advised to exercise caution as the proposal may or may not be implemented.
The most recent analyst rating on (HK:2688) stock is a Buy with a HK$72.00 price target. To see the full list of analyst forecasts on ENN Energy Holdings stock, see the HK:2688 Stock Forecast page.
ENN Energy Holdings Limited has announced a further extension for the dispatch of its Scheme Document related to its privatization proposal. The extension, now set to a date no later than January 30, 2026, is necessary to fulfill remaining pre-conditions required under the Takeovers Code. This move indicates ongoing efforts by ENN-NG and its partners to meet regulatory requirements, potentially impacting the company’s market positioning and stakeholders’ interests.
The most recent analyst rating on (HK:2688) stock is a Buy with a HK$72.00 price target. To see the full list of analyst forecasts on ENN Energy Holdings stock, see the HK:2688 Stock Forecast page.
ENN Energy Holdings Limited announced an update pursuant to Rule 3.8 of the Hong Kong Code on Takeovers and Mergers regarding the exercise of 132,050 share options under its 2012 Share Option Scheme. This development increases the total number of ENN shares in issue to 1,131,694,438. Stakeholders are advised to exercise caution as the proposal to privatize ENN Energy by way of a scheme of arrangement is subject to certain pre-conditions and conditions being met, which may impact the company’s market operations and investor decisions.
The most recent analyst rating on (HK:2688) stock is a Buy with a HK$72.00 price target. To see the full list of analyst forecasts on ENN Energy Holdings stock, see the HK:2688 Stock Forecast page.
ENN Energy Holdings Limited announced an update on its securities, revealing the exercise of 25,100 share options under the ENN 2012 Share Option Scheme, resulting in the issuance of new shares. This update is part of a broader proposal to privatize ENN Energy through a scheme of arrangement, which remains subject to certain pre-conditions and conditions. Stakeholders are advised to exercise caution when dealing with the company’s securities due to the potential uncertainties surrounding the proposal.
The most recent analyst rating on (HK:2688) stock is a Buy with a HK$72.00 price target. To see the full list of analyst forecasts on ENN Energy Holdings stock, see the HK:2688 Stock Forecast page.
ENN Energy Holdings Limited announced an update on the number of relevant securities issued, following the exercise of 93,563 share options under its 2012 Share Option Scheme. This update is part of a broader proposal to privatize ENN Energy through a scheme of arrangement, which remains subject to pre-conditions and conditions being met. Stakeholders are advised to exercise caution in dealing with the company’s securities as the proposal may or may not be implemented.
The most recent analyst rating on (HK:2688) stock is a Buy with a HK$72.00 price target. To see the full list of analyst forecasts on ENN Energy Holdings stock, see the HK:2688 Stock Forecast page.
ENN Energy Holdings Limited announced an update on its securities, revealing that 103,750 ENN Share Options were exercised under the ENN 2012 Share Option Scheme, increasing the total number of issued shares to 1,131,443,725. The announcement also reminded associates and stakeholders of their obligation to disclose dealings in relevant securities during the offer period, as per the Takeovers Code. The proposal to privatize ENN Energy is still subject to certain pre-conditions and conditions, and stakeholders are advised to exercise caution.
The most recent analyst rating on (HK:2688) stock is a Buy with a HK$72.00 price target. To see the full list of analyst forecasts on ENN Energy Holdings stock, see the HK:2688 Stock Forecast page.
ENN Energy Holdings Limited has announced a conditional proposal to privatize the company and withdraw its listing from the Hong Kong Stock Exchange. The proposal is subject to several pre-conditions, including necessary approvals and filings with relevant authorities in China and the Hong Kong Stock Exchange. While one of the pre-conditions has been fulfilled, others are still pending. The company is actively engaging with governmental authorities to meet these requirements, and further announcements will be made as progress continues.
The most recent analyst rating on (HK:2688) stock is a Buy with a HK$72.00 price target. To see the full list of analyst forecasts on ENN Energy Holdings stock, see the HK:2688 Stock Forecast page.
ENN Energy Holdings Limited announced an update on its securities, revealing that 700 share options were exercised, resulting in the issuance of new shares. This development is part of a broader proposal to privatize the company through a scheme of arrangement, which remains subject to certain pre-conditions and conditions. Stakeholders are advised to exercise caution as the proposal may or may not be implemented.
The most recent analyst rating on (HK:2688) stock is a Buy with a HK$72.00 price target. To see the full list of analyst forecasts on ENN Energy Holdings stock, see the HK:2688 Stock Forecast page.
ENN Energy Holdings reported its unaudited operational data for the first nine months of 2025, highlighting a 2.0% increase in retail gas sales volume and a 2.5% rise in sales to commercial and industrial customers. Despite a slight decline in integrated energy sales volume, the company continues to expand its operational capacity and customer base, driven by China’s economic growth and environmental initiatives. The smart home business also showed growth potential, with an increase in customers and a focus on leveraging AI technology to meet consumer needs.
The most recent analyst rating on (HK:2688) stock is a Buy with a HK$72.00 price target. To see the full list of analyst forecasts on ENN Energy Holdings stock, see the HK:2688 Stock Forecast page.
ENN Energy Holdings Limited announced the lapse of 40,500 share options under its 2012 Share Option Scheme, affecting the total number of relevant securities issued by the company. This update is part of a broader proposal to privatize ENN Energy through a scheme of arrangement, which remains subject to certain pre-conditions and conditions. Stakeholders are advised to exercise caution in dealing with the company’s securities, as the proposal’s implementation is not guaranteed.
The most recent analyst rating on (HK:2688) stock is a Buy with a HK$72.00 price target. To see the full list of analyst forecasts on ENN Energy Holdings stock, see the HK:2688 Stock Forecast page.
ENN Energy Holdings Limited announced an update under Rule 3.8 of the Hong Kong Code on Takeovers and Mergers regarding the privatization proposal by Xinneng (Hong Kong) Energy Investment Limited. The update includes the exercise of 5,000 share options, leading to the issuance of new shares, impacting the total securities issued by the company. Stakeholders are advised to exercise caution as the proposal and share option offer are contingent on certain pre-conditions and conditions being met.
The most recent analyst rating on (HK:2688) stock is a Buy with a HK$72.00 price target. To see the full list of analyst forecasts on ENN Energy Holdings stock, see the HK:2688 Stock Forecast page.
ENN Energy Holdings Limited announced an update on the number of relevant securities issued, following the exercise of 18,000 share options under the ENN 2012 Share Option Scheme. This update is part of a broader proposal by Xinneng (Hong Kong) Energy Investment Limited to privatize ENN Energy through a scheme of arrangement. Stakeholders are advised to exercise caution as the proposal is subject to certain pre-conditions and conditions, which may affect its implementation.
The most recent analyst rating on (HK:2688) stock is a Buy with a HK$72.00 price target. To see the full list of analyst forecasts on ENN Energy Holdings stock, see the HK:2688 Stock Forecast page.
ENN Energy Holdings Limited is undergoing a pre-conditional proposal to privatize the company through a scheme of arrangement, which includes a proposed withdrawal of its listing. The company is working towards fulfilling several pre-conditions, including obtaining necessary approvals and registrations from relevant authorities, and securing approval from its independent shareholders. As of now, some pre-conditions have been met, while others are still in progress.
The most recent analyst rating on (HK:2688) stock is a Buy with a HK$72.00 price target. To see the full list of analyst forecasts on ENN Energy Holdings stock, see the HK:2688 Stock Forecast page.
ENN Energy Holdings Limited announced the exercise of 11,000 share options under its 2012 Share Option Scheme, resulting in the issuance of new shares and updating the total relevant securities in circulation. This announcement is part of a broader proposal to privatize the company through a scheme of arrangement, which is subject to various pre-conditions and conditions, impacting stakeholders and requiring caution in securities dealings.
The most recent analyst rating on (HK:2688) stock is a Buy with a HK$72.00 price target. To see the full list of analyst forecasts on ENN Energy Holdings stock, see the HK:2688 Stock Forecast page.
ENN Energy Holdings Limited has announced an update regarding its securities following the exercise of 49,000 share options under the ENN 2012 Share Option Scheme. This move is part of a broader proposal to privatize ENN Energy through a scheme of arrangement, which remains subject to various pre-conditions and conditions. Stakeholders are advised to exercise caution as the proposal may not be implemented, impacting the company’s market positioning and shareholder interests.
The most recent analyst rating on (HK:2688) stock is a Buy with a HK$72.00 price target. To see the full list of analyst forecasts on ENN Energy Holdings stock, see the HK:2688 Stock Forecast page.
ENN Energy Holdings Limited has announced an update pursuant to Rule 3.8 of the Hong Kong Code on Takeovers and Mergers regarding the exercise of 1,000 share options under its 2012 Share Option Scheme. This update is part of a broader proposal by Xinneng (Hong Kong) Energy Investment Limited to privatize ENN Energy, which involves a scheme of arrangement under the Companies Act of the Cayman Islands. The announcement also reminds associates of the involved parties to disclose their dealings in relevant securities during the offer period, highlighting the ongoing procedural requirements and potential implications for stakeholders.
The most recent analyst rating on (HK:2688) stock is a Buy with a HK$72.00 price target. To see the full list of analyst forecasts on ENN Energy Holdings stock, see the HK:2688 Stock Forecast page.