Added to YB: 2026-07-22
Pitch date: 2026-07-20
2688.HK [bullish]
ENN Energy Holdings Limited
-1.94%
current return
Author Info
No bio for this author
Company Info
ENN Energy Holdings Limited, an investment holding company, engages in the investment, construction, operation, and management of gas pipeline infrastructure in the People’s Republic of China.
Market Cap
HKD 40.4B
Pitch Price
HKD 43.38
Price Target
N/A
Dividend
7.14%
EV/EBITDA
4.77
P/E
6.84
EV/Sales
0.53
Sector
Gas Utilities
Category
value
Another 3 interesting ideas - ENN Energy Holdings Limited
2688.HK: Largest private China nat gas distributor at 6x NTM P/E, ~7% FCF yield on EV (~5% premium to China 10y). Temporary headwinds: RE downturn hit high-margin connection fees, ME war squeezed margins; NDRC price linkage aids recovery (72% resi adj). Div could exceed 7%. Privatisation at HKD80 shelved (now HKD42), may retry Jun 2027.
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