` 001299 (Shaanxi Meineng Clean Energy Corp Ltd) vs Shanghai Composite Comparison - Alpha Spread

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001299
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Shanghai Composite

Over the past 12 months, Shaanxi Meineng Clean Energy Corp Ltd has significantly outperformed Shanghai Composite, delivering a return of +54% compared to the Shanghai Composite's +23% growth.

Stocks Performance
001299 vs Shanghai Composite

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Performance Gap
001299 vs Shanghai Composite

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Performance By Year
001299 vs Shanghai Composite

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Competitors Performance
Shaanxi Meineng Clean Energy Corp Ltd vs Peers

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Shaanxi Meineng Clean Energy Corp Ltd
Glance View

Market Cap
3.4B CNY
Industry
Utilities

Shaanxi Meineng Clean Energy Corp., Ltd. engages in the transmission, distribution and operation of urban gas, including sale and service of natural gas terminals and installation of natural gas user facilities and equipment. The company is headquartered in Xi'An, Shaanxi and currently employs 386 full-time employees. The company went IPO on 2022-10-31. The firm is mainly engaged in the transmission, distribution and operation of urban gas, including the sales and service of natural gas terminals and the installation of natural gas user facilities and equipment. The natural gas terminal sales business mainly includes pipeline natural gas or Liquefied Natural Gas (LNG) purchased from upstream gas source suppliers and delivered to various terminals through self-built city gate stations, LNG storage and distribution stations, CNG filling stations and urban pipeline networks user. The installation business of natural gas user facilities and equipment mainly includes the installation and after-sales service of natural gas facilities and equipment provided by the Company according to the needs of end users.

Intrinsic Value
8.71 CNY
Overvaluation 38%
Intrinsic Value
Price
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