ENN Ecological Holdings Co Ltd (600803) Fair Value & Analysis
Utilities · CN · Market cap 53.5B CNY (≈ $8.0B) · ISIN CNE000000DG7
What is ENN Ecological Holdings Co Ltd really worth?
A solid business, trading 25% below our fair value of ¥25.71.
Strengths
Risks
For context
Fair value as of: Aug 23, 2026
From 26 valuation models · updated 13 days ago
Share price +11.5% over the past month.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
What matters now
- Solid quality (53/100) at a price below fair value, the discount is the argument here, not the business quality.
- The price sits below our cautious bear case: the market assumes less than even our pessimistic scenario.
- The data supports the verdict: every model runs on fully documented inputs.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 23, 2026.
How to read this chart
60‑month range ¥13.51 – ¥24.05 · fair‑value band ¥19.28 – ¥32.14 · the ¥19.26 price screens below the ¥25.71 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 23, 2026.
Analysis
ENN Ecological Holdings Co Ltd (600803) currently trades at ¥19.26, while our model-based Fair Value estimate is ¥25.71, implying the stock looks roughly 25.1% undervalued today. The Quality Score stands at 53/100 (solid quality), in the Utilities sector. Bull case: the Growth DCF group reads highest at a median of ¥71.95 per share, and 23 of the 26 models we run sit above the ¥19.26 price. Bear case: the Asset-Based group reads lowest at ¥5.34, and 3 of the 26 models stay below the price. Evidence for this calculation is high.
Over the trailing twelve months, ENN Ecological Holdings Co Ltd generated revenue of 129B CNY at a net margin of 3.4%. Revenue declined 7.6% year over year. It earns a return on equity of 15.7%. Net debt stands at 19.1B CNY. Fundamentals as of Aug 23, 2026
Our scenario range runs from ¥19.28 (bear case) to ¥32.14 (bull case); at ¥19.26, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 22% below its 52-week high and 11% above its 52-week low, currently below its 200-day average. For context, the median of 10 Utilities peers we cover trades at −24% fair-value upside, at 33%, 600803 screens cheaper than that median.
Fair Value models
This estimate rests on fiscal year 2025 figures, and about 8 months have passed since. In that time the company retained roughly ¥0.1835 per share, which is 0.7 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.
All 26 models by family
Widest divergence: Growth DCF (¥71.95) versus Asset-Based (¥5.34). Highest evidence: EPV (74).
Notify me when 600803 reaches fair value
Put 600803 on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.
Set up alert →Free, no payment details. Unsubscribe anytime in one click.
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 23, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 52 · Market factors (momentum, volatility) 49
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.
About the company
ENN Natural Gas Co., Ltd., together with its subsidiaries, engages in the natural gas business in China and internationally.
Full company description
ENN Natural Gas Co., Ltd., together with its subsidiaries, engages in the natural gas business in China and internationally. The company operates through eight segments: Natural Gas Retail, Natural Gas Wholesale, Platform Trading Gas, Project Construction and Installation, Pan-Energy Business, Smart Home Business, Energy Production, and Infrastructure Operation. It distributes natural gas; operates city gas projects; offers gas services to residential, commercial, and industrial customers; and provides integrated energy services to industrial parks, new and old urban areas, large public buildings, and commercial enterprises. The company also operates LNG receiving terminals for receiving and discharging storage, outbound transmission of gas and LNG, distribution and transfer, vessel refilling, trans-shipment, and peak-shaving. In addition, it is involved in the operation of natural gas delivery and reserve networks; production and supply of natural gas, methanol, and coal, as well as coal-to-gas; and design, gas and thermal engineering, and general construction contracting. The company was formerly known as ENN Ecological Holdings Co., Ltd. and changed its name to ENN Natural Gas Co., Ltd. in October 2020. ENN Natural Gas Co., Ltd. was founded in 1992 and is headquartered in Langfang, China.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
ENN Ecological Holdings Co Ltd reported revenue of 131B CNY in FY2025 versus 116B CNY in FY2021, a compound +3.2%/yr. Reported net income was 4.7B CNY in FY2025, compounding +0.3%/yr from FY2021.
of which total revenue +41.4 % · buybacks/dilution −11.2 %
Annual growth per factor. These are factors, not summands: multiplied they give the EPS growth rate, added they do not quite. Start and end points are 3-year averages (details on hover).
Watch 600803: get an alert when its fair value changes →
Peer Group
Utilities - Regulated Gas · 105 stocks
How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.
Valuation Multiples vs Utilities - Regulated Gas median · lower = cheaper
Strength profile in five axes (Snowflake)
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Utilities - Regulated Gas stocks, each showing price versus our Fair Value estimate (as of Aug 23, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Naturgy Energy Group NTGY | €29.60 | €31.58 | +7% |
| Atmos Energy Corporation ATO | $166.65 | $85.67 | −49% |
| NiSource Inc NI | $40.96 | $28.59 | −30% |
| Uniper SE UN0 | €47.45 | €48.32 | +2% |
| The Hong Kong and China Gas Company 0003 | HK$7.31 | HK$4.79 | −34% |
| GAIL (India) Limited GAIL | ₹171.10 | ₹130.21 | −24% |
| Italgas S.p.A IG | €8.67 | €8.63 | −1% |
| Adani Total Gas Limited ATGL | ₹654.05 | ₹101.36 | −85% |
| UGI Corporation UGI | $38.01 | $26.72 | −30% |
| Southwest Gas Holdings SWX | $88.69 | $70.67 | −20% |
Compare ENN Ecological Holdings Co Ltd with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Utilities stocks →
Try a ready-made strategy
Pick a strategy and jump into the live analysis with that exact screen applied.
Discover tools
Frequently asked questions
Is ENN Ecological Holdings Co Ltd (600803) overvalued or undervalued?
What is the fair value of 600803?
What is the quality score of 600803?
What is the revenue of ENN Ecological Holdings Co Ltd (600803)?
What is the net profit margin of 600803?
Does ENN Ecological Holdings Co Ltd pay a dividend?
Watch ENN Ecological Holdings Co Ltd in the live analysis
One click puts ENN Ecological Holdings Co Ltd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
Watch for free →Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.