ENN Energy Holdings - Stock

ENN Energy Holdings P/S 2024

ENN Energy Holdings P/S

0.63

Ticker

2688.HK

ISIN

KYG3066L1014

WKN

A1C593

As of Jun 26, 2024, ENN Energy Holdings's P/S ratio stood at 0.63, a -26.74% change from the 0.86 P/S ratio recorded in the previous year.

The ENN Energy Holdings P/S history

ENN Energy Holdings Aktienanalyse

What does ENN Energy Holdings do?

ENN Energy Holdings Ltd is a leading company in China specializing in clean energy generation and supply. The company was founded in 1992 and began its activities in the gas supply sector. Its expansion into the renewable energy sector began in the early 2000s. The business model of ENN Energy Holdings is based on the generation, transportation, and distribution of gas and electricity supply services in China. Gas supply is the company's main division, which promotes natural gas as a cleaner energy source in particular. The company is also involved in liquefied natural gas (LNG), compressed natural gas (CNG), and liquefied petroleum gas (LPG). As an energy service provider, ENN Energy Holdings also plays an important role in power supply in China. Through its involvement in wind and solar projects, the company also offers clean power supply to meet the energy needs of the population. In 2017, the company announced its intention to focus on investing in renewable energy. ENN Energy Holdings is focusing on expanding solar and wind power in China to meet the growing demand for renewable energy in the country. The company is divided into four main business segments: gas supply, renewable energy, energy supply facilities, and engineering. Within these areas, ENN Energy Holdings offers a variety of products and services. ENN Energy Holdings is a leading regional provider of natural gas supply in China. The company currently operates 133 natural gas filling stations in urban and rural areas in China. Gas supply is one of the company's core activities, with a focus on clean energy through natural gas. In the renewable energy sector, the company is involved in wind power and solar energy. ENN Energy Holdings operates several wind power projects in China and has also invested in solar projects. In 2016, the company produced over 1.5 billion kilowatt-hours (kWh) of electricity from renewable sources. In the field of energy supply facilities, ENN Energy Holdings also produces its own gas power plants that contribute to energy supply in China. These power plants specialize in using natural gas as a fuel to reduce CO2 emissions. Additionally, ENN Energy Holdings also offers engineering services for energy systems, including the planning and construction of gas power plants and renewable energy projects. In addition to these main activities, ENN Energy Holdings is also active in the field of energy efficiency. The company operates various programs to reduce energy consumption in businesses and households and improve energy efficiency in China. To become the successful company it is today, ENN Energy Holdings has worked closely with Chinese regulatory authorities to promote the expansion of natural gas and renewable energy in China. The company has been awarded multiple times for its efforts and aims to continue playing a leading role in energy security in China in the future. Overall, ENN Energy Holdings is an innovative and fast-growing company specializing in clean energy generation and supply in China. With its focus on natural gas and renewable energy, it aims to make a significant contribution to the sustainable development of the country. ENN Energy Holdings ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding ENN Energy Holdings's P/S Ratio

ENN Energy Holdings's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing ENN Energy Holdings's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating ENN Energy Holdings's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in ENN Energy Holdings’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about ENN Energy Holdings Stock

What is the price-to-earnings ratio of ENN Energy Holdings?

The price-earnings ratio of ENN Energy Holdings is currently 0.63.

How has the price-earnings ratio of ENN Energy Holdings changed compared to last year?

The price-to-earnings ratio of ENN Energy Holdings has increased by -26.74% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of ENN Energy Holdings high compared to other companies?

Yes, the price-to-earnings ratio of ENN Energy Holdings is high compared to other companies.

How does an increase in the price-earnings ratio of ENN Energy Holdings affect the company?

An increase in the price-earnings ratio of ENN Energy Holdings would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of ENN Energy Holdings affect the company?

A decrease in the price-earnings ratio of ENN Energy Holdings would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of ENN Energy Holdings?

Some factors that influence the price-earnings ratio of ENN Energy Holdings are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does ENN Energy Holdings pay?

Over the past 12 months, ENN Energy Holdings paid a dividend of 2.91 CNY . This corresponds to a dividend yield of about 4.67 %. For the coming 12 months, ENN Energy Holdings is expected to pay a dividend of 3.15 CNY.

What is the dividend yield of ENN Energy Holdings?

The current dividend yield of ENN Energy Holdings is 4.67 %.

When does ENN Energy Holdings pay dividends?

ENN Energy Holdings pays a quarterly dividend. This is distributed in the months of June, December, July, July.

How secure is the dividend of ENN Energy Holdings?

ENN Energy Holdings paid dividends every year for the past 25 years.

What is the dividend of ENN Energy Holdings?

For the upcoming 12 months, dividends amounting to 3.15 CNY are expected. This corresponds to a dividend yield of 5.04 %.

In which sector is ENN Energy Holdings located?

ENN Energy Holdings is assigned to the 'Utilities' sector.

Wann musste ich die Aktien von ENN Energy Holdings kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of ENN Energy Holdings from 7/27/2024 amounting to 0.29 CNY, you needed to have the stock in your portfolio before the ex-date on 6/7/2024.

When did ENN Energy Holdings pay the last dividend?

The last dividend was paid out on 7/27/2024.

What was the dividend of ENN Energy Holdings in the year 2023?

In the year 2023, ENN Energy Holdings distributed 2.75 CNY as dividends.

In which currency does ENN Energy Holdings pay out the dividend?

The dividends of ENN Energy Holdings are distributed in CNY.

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Andere Kennzahlen von ENN Energy Holdings

Our stock analysis for ENN Energy Holdings Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of ENN Energy Holdings Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.