Earnings Alerts

### SEO Optimized Headline:ENN Natural Gas (600803) Earnings Soar: 1H Net Income Hits 2.53B Yuan, EPS at 82 RMB Cents

  • Net Income: ENN Natural Gas reported a net income of 2.53 billion yuan for the first half of the year 2024.
  • Revenue: The company generated a total revenue of 66.98 billion yuan during this period.
  • Earnings Per Share (EPS): Earnings per share stood at 82 RMB cents.
  • Analyst Ratings: Out of 20 analysts, 19 recommend buying ENN Natural Gas, 1 recommends holding, and none recommend selling.

ENN Natural Gas on Smartkarma

Analyst coverage of ENN Natural Gas on Smartkarma by Leonard Law, CFA, presents a bearish outlook in the recent Morning Views Asia report. Lucror Analytics Morning Views offer fundamental credit analysis, opinions, and trade recommendations on high yield issuers like ENN Natural Gas. The report delves into company-specific developments within the past 24 hours, providing insights into the market landscape along with macroeconomic and corporate event calendars.


A look at ENN Natural Gas Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth4
Resilience3
Momentum5
OVERALL SMART SCORE3.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Enn Natural Gas Co., Ltd. is positioned with a promising long-term outlook according to the Smartkarma Smart Scores. With a strong Momentum score of 5, the company is showing positive upward trends. Additionally, scoring high in Dividend and Growth with 4 each, ENN Natural Gas is demonstrating reliability and potential for expansion. Although Value and Resilience scores are slightly lower at 3, the overall outlook appears favorable for the company, reflecting its ability to provide natural gas engineering services, gas station construction, and energy equipment distribution.

ENN Natural Gas‘s diversified business, including coal materials, chemicals, and biopharmaceutical products trading, adds to its resilience and growth opportunities in the market. Investors may find ENN Natural Gas an attractive option based on the Smartkarma Smart Scores, indicating a solid foundation and potential for future development in the natural gas sector.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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