Handelsavisen
prelaunch
Companies Utilities 2688.HK
26
2688.HK HKEX Natural Gas Utilities

ENN Energy Holdings Ltd

HK$56,50
Open in Charts → Attach watcher ⌖
HKD
Set alert
Last 30 days
1D5D1M3M6MYTD1Y5YMax
Live price chart loads from the market-data widget.
Mcap
P/E
EV / Rev
Div yield
4,91 %
Op margin
ROE
Net margin
Debt / equity
Beta
52w range
Volume
Day range
Prev close
Open
Next earnings
Ex-dividend
TR 1Y
About

ENN Energy Holdings Ltd operates in the natural gas utilities sector, providing energy solutions primarily in China.

Business. ENN Energy Holdings Ltd (2688.HK) is a natural gas utilities company listed on the Hong Kong Stock Exchange. The firm operates within the utilities sector, focusing on natural gas services. Specific details regarding its operating segments, headquarters location, and geographic presence are not provided in the available data.

Classification92 %
SectorUtilities
IndustryNatural Gas Utilities
ActivityUtilities
Generated · model-assisted
Sell-side consensus
BUY13 analysts
11 buy2 hold0 sell
Avg 12m price target70,77

Analyst recommendations

13 analysts · consensus Buy
Buy11
Hold2
Sell0
12-month price target
70,77
Consensus of sell-side coverage.
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
Buy
13 analysts · indicative
Ownership
not yet wired
Profitability
not yet wired
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning 2688.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities · THIS SECTOR−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to 2688.HK. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    ENN Energy Holdings Ltd (2688.HK) is a natural gas utilities company listed on the Hong Kong Stock Exchange. The firm operates within the utilities sector, focusing on natural gas services. Specific details regarding its operating segments, headquarters location, and geographic presence are not provided in the available data.

    Classification92 %
    SectorUtilities
    IndustryNatural Gas Utilities
    ActivityUtilities
    AI synthesis
    GENERATED

    ENN Energy Holdings Ltd operates with a capital structure that includes a basic and diluted share count of 1,131,839,264 shares, indicating no immediate dilution pressure from share issuance. However, liquidity risk could not be assessed due to the absence of balance-sheet inputs and no going-concern language in source documents.

    Profitability and returns data are not available for ENN Energy, as the valuation snapshot does not provide metrics such as ROIC or margins for comparison with industry medians. This lack of data limits the ability to assess its performance relative to peers in the natural gas utilities sector.

    The company's revenue concentration and geographic exposure are not disclosed in the available data, making it difficult to evaluate the risk associated with its segments or geographic regions. Without this information, it is unclear whether the company is overexposed to any particular market or customer base.

    Growth trajectory data is also limited, as the outlook for the current and next fiscal years does not include numeric deltas or revenue history. Analysts have provided a mean price target of 70.77 CNY, with a median of 73.00 CNY, suggesting a generally positive outlook, though the absence of detailed financial projections hinders a deeper analysis of growth potential.

    Risk factors include the inability to assess liquidity risk, which could impact the company's ability to meet short-term obligations. The dilution risk is currently low, as there is no evidence of dilution from recent share issuance or other dilutive events.

    Recent events, such as filings or transcripts, are not detailed in the available data, which limits the ability to assess any recent strategic or operational developments that may affect the company's performance.

    Key takeaways
    • ENN Energy operates in the natural gas utilities sector with a high classification confidence.
    • The company has no immediate dilution pressure based on current share counts.
    • Analysts have a generally positive outlook, with a mean price target of 70.77 CNY.
    • Liquidity risk could not be assessed due to missing balance-sheet data.
    • Growth and profitability metrics are not available for detailed analysis.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Annual
    ANNUALFiled 2026-03-27
    FY 2026 · Full-year highlights

    Revenue ¥111.91B, +1,9% YoY; Operating income −4,4% YoY.

    Revenue¥111.91B+1,9 % YoY
    Operating income¥8.24B−4,4 % YoY
    Net income¥5.90B−1,4 % YoY
    Free cash flow¥134.0M−42,5 % YoY
    EPS
    Operating cash flow¥10.43B+1,4 % YoY
    Financials
    Income statement
    Revenue¥111.91B
    Gross profit
    Operating income¥8.24B
    Net income¥5.90B
    Margins
    Gross margin
    Operating margin7.4%
    Net margin5.3%
    FCF margin0.1%
    Balance sheet
    Total assets¥106.02B
    Total liabilities¥58.19B
    Total equity¥47.83B
    Cash & equivalents¥8.06B
    Long-term debt¥19.74B
    Cash flow
    Operating cash flow¥10.43B
    CapEx-¥7.09B
    Free cash flow¥134.0M
    SBC
    P&L flow · revenue → net income
    Revenue ¥111.91BOperating costs ¥103.67BTax ¥2.34BNet income ¥5.90B
    Highlights
    • Revenue ¥111.91B, +1,9% YoY
    • Operating income −4,4% YoY
    • Net income −1,4% YoY
    • Free cash flow −42,5% YoY
    • Net margin 5.3%

    Valuation FY

    Market price
    HK$56,50
    Market cap
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    Net cash
    Current ratio
    Debt / equity
    ROA
    ROE
    Cash conversion
    CapEx / revenue
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Next quarternear-term
    Earnings · next quarterconf 43 %
    EPS
    Consensus EPS
    5,72
    Predicted surprise
    -0,01
    Beat probability
    43 %
    Analysts
    13
    Other metrics
    Revenue
    no estimate
    Segment revenue
    no estimate
    Margin
    no estimate
    Segment margin
    no estimate
    revision ratio -0,04 · as of 2026-05-19 · Earnings Surprise V1
    Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
    Full fiscal year~1 year ahead
    Full fiscal year · our forecast vs guidance vs consensus
    MetricOur forecastGuidanceConsensus
    EPSno estimateno estimate5,72
    Revenueno estimateno estimate114,7B CNY
    Operating incomeno estimateno estimate9,1B CNY
    Full-year consensus mean (period as reported by source) · consensus in CNY. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
    Probabilistic model output — not investment advice. · generated 2026-08-04

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Consensus distribution

    sell-side coverage
    Recommendation distribution13 analysts
    Strong buy5
    Buy6
    Hold2
    Sell0
    Strong sell0
    12-month price targetHK$70,77 · Median HK$73,00
    Low HK$63,00High HK$78,00
    Operating income · consensus9,1B CNY
    EPS surprise
    −7,2 %
    reported vs consensus · miss
    Revenue surprise
    −2,4 %
    reported vs consensus · miss

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    LowHK$63,00
    MeanHK$70,77
    MedianHK$73,00
    HighHK$78,00
    SpotHK$56,50
    +25.3 %implied to mean12-month sell-side price targets · ▲ spot

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskUnknown

    Benchmarks vs cohort

    No cohort benchmark data available for this issuer yet.

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    Source documents
    • ENN Energy Holdings Ltd Market data — financials · 2026-05-26
    • ENN Energy Holdings Ltd Market data — analyst estimates · 2026-05-26
    • ENN Energy Holdings Ltd Market data — ESG · 2026-05-26

    Ownership & reference

    Leadership

    • Hongtao ZhengExecutive Chairman of the Board
    • Luojian GongSenior Vice President
    • Xiaojing WuChief Executive Officer, Executive Director
    • Yusuo WangExecutive Chairman of the Board
    • Yuying ZhangChief Executive Officer, Executive Director

    Insider activity

    — missing data

    Short positioning

    — missing data
    Index membership
    Hang Seng

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    2688.HKCanonical
    HKEX · HKD

    Intel & risk

    PredictorBeat prob43 %Surprise-0,01Full forecast →
    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskUnknown

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-03-27 14:00 UTCEARNINGSAnnual results — FY 2026 Revenue CNY 111.91B · Net CNY 5.90B
    2025-03-26 14:01 UTCEARNINGSAnnual results — FY 2025 Revenue CNY 109.85B · Net CNY 5.99B
    2024-03-22 14:01 UTCEARNINGSAnnual results — FY 2024 Revenue CNY 113.86B · Net CNY 6.82B
    2023-03-24 14:00 UTCEARNINGSAnnual results — FY 2023 Revenue CNY 110.05B · Net CNY 5.87B
    2022-03-18 14:48 UTCEARNINGSAnnual results — FY 2022 Revenue CNY 93.11B · Net CNY 7.75B
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage