Enn Energy Holdings Limited · HKEX:2688
Enn Energy — 9M 2020 Earnings Presentation
14 slides from Enn Energy's earnings presentation, Oct 28, 2020
Slide 1: 9M20 Operational Update
9M20 Operational Update Company Presentation 28 October 2020
Slide 2: Q3 Highlights
Q3 Highlights Retail Gas Sales Volume Up 18.2% Dollar Margin Maintained at 0.61/m3 C/I and Residential Development Up 33.6% & 45.2% Integrated Energy Sales Volume Up 142.2% cumulatively 1
Slide 3: Strong Volume Growth Momentum in Q3
Strong Volume Growth Momentum in Q3 C/I Vol ▪ Q3 C/I vol up 21.2% → Industrial vol up 23.9%， Res Vol ▪ COVID-19 under control，reopening of schools (mil m3) commercial vol up 5.7% (mil m3) and social welfare institutions increased gas vol ▪ 9M C/I vol up 10.6% ▪ Q3 residential vol up 14.0% ▪ 9M resid
Slide 4: FY20 Gas Sales Target on Track
FY20 Gas Sales Target on Track Total Gas Sales Vol FY20 Guidance： Quality Gas Sales Vol Mix (mil m3) Retail gas sales vol up more than 10% C/I gas sales vol accounted for over 77% 25,000 9.0% 20,770 4.5% 9.8% 18.0% 20,000 19,050 5,738 6.4% 17.8% 5,161 11.9% 15,000 8.2% Residential 15,032 Industrial
Slide 5: Intact Dollar Margin
Intact Dollar Margin Gas Procurement： ASP/Cost ▪ Imported 1.62mil tonnes of LNG 9M 2020 9M 2019 1H 2020 (RMB/m3) ▪ Average import cost (all-in) lower than Residential 2.84 2.79 2.83 citygate price by 15-20% ▪ Commenced direct gas supply from C/I 2.73 3.16 2.77 Zhoushan terminal to ENN Huzhou gas Veh
Slide 6: New Users Development Accelerated, FY20 Target on Track
New Users Development Accelerated, FY20 Target on Track New C/I Installed Designed Daily Capacity New Residential Household （’000 m3/day） FY20 Guidance：18mil m3 （’000 household） FY20 Guidance：2.3mil households 2,000.0 14,000 12,240 1,690 1,610 12,000 11,370 1,500.0 403 10,000 3,600 585 8,000 +33.6%
Slide 7: Provide customers with Low-carbon Integrated Energy Solutions
Provide customers with Low-carbon Integrated Energy Solutions Integrated Energy Sales Vol （mil kWh） 9,000 8,725 9% 13% +142.2% IE Projects (Operational & Under Construction) 6,000 141 3,602 6% 78% 28% 10% Incorporated 3,000 Renewables 84% 70% Natural Gas 0 9M 2019 9M 2020 Steam Heating & Cooling Ele
Slide 8: Upholding the Principle of Sustainable Development to Drive Growth
Upholding the Principle of Sustainable Development to Drive Growth Successfully issued US$750mil 2030 due 2.625% coupon Enhanced ESG performance and disclosure offshore Green Bond According to ”ENN Green Finance Framework”, proceeds will be BBB used in the financing of green projects, incl. renewabl
Slide 9: Outlook
Outlook Industrial production recovering, export continues to grow 15 GDP declined by 6.8% in Q1 rebounded to 3.2% growth ➢ in Q2，Q3 continued to improve to 4.9% growth, Q4 10 GDP growth is expected to return to pre-pandemic 5 Macroeconomic level 0 Recovery Jul Aug Sep Sept export rose 9.9% yoy Jan-
Slide 10: Summary
Summary Revised up FY20 core profit growth guidance to at least 18% Strong core businesses growth, FY20 free cash flow expected to reach FY19’s level Robust balance sheet, rising dividend payout Green financing to enhance ESG performance Proactively explore hydrogen, renewables utilization， provide
Slide 11: Q&A
Q&A
Slide 12: Explore the Application of Zero-carbon Energy – Distributed Solar
Explore the Application of Zero-carbon Energy – Distributed Solar Case Study –Yangkou Distributed Solar Station in Shandong Shouguang Government’s front：“14 ‧ 5 Year Plan” is Summary expected to continue to drive the use of clean ▪ Installed capacity：11.33MW energy, and to implement renewable power
Slide 13: Explore the Application of Zero-carbon Energy – Hydrogen
Explore the Application of Zero-carbon Energy – Hydrogen Government’s front：China pledged to reach peak level Hydrogen Supply Project – A Pharmaceutical of carbon emission by 2030, and carbon neutral by 2060 Company in Liaoning Huludao Characteristics of H2：High heat value, zero emission, Summary bu
Slide 14: Disclaimer and Investor Relations Contact
Disclaimer The information provided to you in this presentation does not constitute or form part of any offer for subscription or sale of, or solicitation of any offer to subscribe for or sale of any securities of ENN Energy Holdings Limited (the "Company") nor shall it form the basis of, nor can it