ENN Energy Holdings Ltd
02688: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| XQ | LOCK|x!BJ | LOCK|ywL!$xl |
ENN Energy: Operating Performance Implies Gradual Recovery for China Gas Utilities
ENN Energy’s cumulative nine-month operating data is in line with our expectations. Retail gas sales volume rose 4.8% year on year, while sales volume of integrated energy grew 21.4%. Dollar margin was CNY 0.54 per cubic meter with new residential connections of 1.1 million.
