ENN Energy Holdings Ltd

02688: XHKG (HKG)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	HKD 85.00	Vwktrdl	Qmmlbcbl

Integrated Energy and Value-Added Businesses to Underpin ENN Energy’s Earnings Growth

Chokwai Lee

Mar 25, 2024

Business Strategy and Outlook

ENN Energy Holdings is a privately owned gas utility company in China engaged primarily in distributing and retailing natural gas. We are confident that ENN will generate returns above its cost of capital over the next decade, supporting our narrow moat rating.

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