OTCPK:XNGS.F

Stock Analysis Report

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Executive Summary

ENN Energy Holdings Limited, an investment holding company, engages in the investment, construction, operation, and management of gas pipeline infrastructures; and integrated energy, and vehicle and ship refueling stations in the People’s Republic of China.


Snowflake Analysis

Outstanding track record established dividend payer.

Share Price & News

How has ENN Energy Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: XNGS.F has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0.4%

XNGS.F

2.9%

US Gas Utilities

1.2%

US Market


1 Year Return

n/a

XNGS.F

-15.3%

US Gas Utilities

16.8%

US Market

Return vs Industry: Insufficient data to determine how XNGS.F performed against the US Gas Utilities industry.

Return vs Market: Insufficient data to determine how XNGS.F performed against the US Market.


Shareholder returns

XNGS.FIndustryMarket
7 Day0.4%2.9%1.2%
30 Day7.6%6.3%4.9%
90 Day7.6%5.7%20.0%
1 Yearn/a-12.9%-15.3%19.3%16.8%
3 Year76.6%76.6%-2.6%-10.1%43.7%34.4%
5 Year105.1%105.1%41.7%23.7%75.5%56.6%

Price Volatility Vs. Market

How volatile is ENN Energy Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is ENN Energy Holdings undervalued compared to its fair value and its price relative to the market?

47.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: XNGS.F ($12.1) is trading below our estimate of fair value ($22.82)

Significantly Below Fair Value: XNGS.F is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: XNGS.F is good value based on its PE Ratio (16.4x) compared to the US Gas Utilities industry average (21.5x).

PE vs Market: XNGS.F is good value based on its PE Ratio (16.4x) compared to the US market (18.9x).


Price to Earnings Growth Ratio

PEG Ratio: XNGS.F is poor value based on its PEG Ratio (1.6x)


Price to Book Ratio

PB vs Industry: XNGS.F is overvalued based on its PB Ratio (3.6x) compared to the US Gas Utilities industry average (1.8x).


Next Steps

Future Growth

How is ENN Energy Holdings forecast to perform in the next 1 to 3 years based on estimates from 22 analysts?

10.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: XNGS.F's forecast earnings growth (10.5% per year) is above the savings rate (2.2%).

Earnings vs Market: XNGS.F's earnings (10.5% per year) are forecast to grow slower than the US market (23.7% per year).

High Growth Earnings: XNGS.F's earnings are forecast to grow, but not significantly.

Revenue vs Market: XNGS.F's revenue (13% per year) is forecast to grow faster than the US market (9.4% per year).

High Growth Revenue: XNGS.F's revenue (13% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: XNGS.F's Return on Equity is forecast to be high in 3 years time (20.4%)


Next Steps

Past Performance

How has ENN Energy Holdings performed over the past 5 years?

13.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: XNGS.F has high quality earnings.

Growing Profit Margin: XNGS.F's current net profit margins (8.1%) are higher than last year (4.6%).


Past Earnings Growth Analysis

Earnings Trend: XNGS.F's earnings have grown by 13.7% per year over the past 5 years.

Accelerating Growth: XNGS.F's earnings growth over the past year (101.2%) exceeds its 5-year average (13.7% per year).

Earnings vs Industry: XNGS.F earnings growth over the past year (101.2%) exceeded the Gas Utilities industry 4.1%.


Return on Equity

High ROE: XNGS.F's Return on Equity (22.1%) is considered high.


Next Steps

Financial Health

How is ENN Energy Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: XNGS.F's short term assets (CN¥19.5B) do not cover its short term liabilities (CN¥31.3B).

Long Term Liabilities: XNGS.F's short term assets (CN¥19.5B) exceed its long term liabilities (CN¥18.9B).


Debt to Equity History and Analysis

Debt Level: XNGS.F's debt to equity ratio (62.6%) is considered high.

Reducing Debt: XNGS.F's debt to equity ratio has reduced from 104.3% to 62.6% over the past 5 years.

Debt Coverage: XNGS.F's debt is well covered by operating cash flow (60.2%).

Interest Coverage: XNGS.F's interest payments on its debt are well covered by EBIT (18.9x coverage).


Balance Sheet


Next Steps

Dividend

What is ENN Energy Holdings's current dividend yield, its reliability and sustainability?

1.80%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: XNGS.F's dividend (1.8%) is higher than the bottom 25% of dividend payers in the US market (1.62%).

High Dividend: XNGS.F's dividend (1.8%) is low compared to the top 25% of dividend payers in the US market (4.35%).


Stability and Growth of Payments

Stable Dividend: XNGS.F's dividends per share have been stable in the past 10 years.

Growing Dividend: XNGS.F's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (29.7%), XNGS.F's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: XNGS.F's dividends in 3 years are forecast to be well covered by earnings (37.1% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.8yrs

Average management tenure


CEO

Jishen Han (55 yo)

2.58yrs

Tenure

CN¥9,555,000

Compensation

Mr. Han Jishen is the Chief Executive Officer of ENN Energy Holdings Limited since January 12, 2018. Mr. Han served as the President of ENN Energy Holdings Limited until January 12, 2018 and served as its ...


CEO Compensation Analysis

Compensation vs Market: Jishen's total compensation ($USD1.37M) is below average for companies of similar size in the US market ($USD11.30M).

Compensation vs Earnings: Jishen's compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Yusuo Wang
Co-Founder & Executive Chairman0.42yrCN¥5.07m3.58%
CN¥ 478.7m
Jishen Han
CEO & Executive Director2.58yrsCN¥9.56mno data
Yuying Zhang
Chief Strategy Officer0.67yrCN¥308.00kno data
Dongzhi Wang
Executive Director9.42yrsCN¥4.20m0.0027%
CN¥ 357.2k
Jianfeng Liu
Chief Financial Officer1.75yrsno datano data
Chengwen Yang
Chief Technology Officerno datano datano data
Yunfeng Niu
Chief Information Officerno datano datano data
Jin Zhang
Chief Human Resources Officerno datano datano data
Xiaojing Wu
Senior Vice Presidentno datano datano data
Guozhong Zhang
Senior Vice Presidentno datano datano data
Chaoxing Jiang
Senior Vice Presidentno datano datano data
Li Su
Senior Vice Presidentno datano datano data

1.8yrs

Average Tenure

50yo

Average Age

Experienced Management: XNGS.F's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Yusuo Wang
Co-Founder & Executive Chairman0.42yrCN¥5.07m3.58%
CN¥ 478.7m
Jishen Han
CEO & Executive Director2.58yrsCN¥9.56mno data
Yuying Zhang
Chief Strategy Officer0.67yrCN¥308.00kno data
Dongzhi Wang
Executive Director9.42yrsCN¥4.20m0.0027%
CN¥ 357.2k
Yongsheng Jin
Non Executive Director0.42yrCN¥148.00k0.014%
CN¥ 1.8m
Yu Yu Yien
Independent Non-Executive Director1.75yrsCN¥788.00k0.0094%
CN¥ 1.3m
Yee Kwan Law
Independent Non-Executive Director6.25yrsCN¥700.00kno data
Zizheng Wang
Non-Executive Director6.42yrsCN¥3.30mno data
Zhixiang Ma
Independent Non-Executive Director6.42yrsCN¥700.00kno data
Po Kwong Yuen
Independent Non-Executive Director6.42yrsCN¥700.00kno data

6.3yrs

Average Tenure

53yo

Average Age

Experienced Board: XNGS.F's board of directors are considered experienced (6.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: XNGS.F insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

ENN Energy Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: ENN Energy Holdings Limited
  • Ticker: XNGS.F
  • Exchange: OTCPK
  • Founded: 1992
  • Industry: Gas Utilities
  • Sector: Utilities
  • Market Cap: HK$103.670b
  • Listing Market Cap: HK$13.376b
  • Shares outstanding: 1.12b
  • Website: https://www.ennenergy.com

Number of Employees


Location

  • ENN Energy Holdings Limited
  • Building A
  • ENN Industrial Park
  • Langfang
  • Hebei Province
  • 65001
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
XNGS.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDMay 2001
XGHDB (Deutsche Boerse AG)YesOrdinary SharesDEEURMay 2001
2688SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDMay 2001
2688SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)YesOrdinary SharesHKHKDMay 2001
2688SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)YesOrdinary SharesHKHKDMay 2001
2688 NBMV (Bolsa Mexicana de Valores)YesOrdinary SharesMXMXNMay 2001
XNGS.YOTCPK (Pink Sheets LLC)UNSPONSORD ADRUSUSDOct 2008

Biography

ENN Energy Holdings Limited, an investment holding company, engages in the investment, construction, operation, and management of gas pipeline infrastructures; and integrated energy, and vehicle and ship r ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/10 23:41
End of Day Share Price2020/08/06 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.