---
title: "Shanxi Meineng Clean Energy Corp.,Ltd. (001299.SZ)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/001299.SZ.md"
symbol: "001299.SZ"
name: "Shanxi Meineng Clean Energy Corp.,Ltd."
industry: "Gas Utilities"
datetime: "2026-05-19T14:10:32.842Z"
locales:
  - [en](https://longbridge.com/en/quote/001299.SZ.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/001299.SZ.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/001299.SZ.md)
---

# Shanxi Meineng Clean Energy Corp.,Ltd. (001299.SZ)

## Company Overview

Shaanxi Meineng Clean Energy Corp.,Ltd. operates as a urban gas operation service provider in the People’s Republic of China. The company engages in transmission, distribution and operation of urban gas; sale and service of natural gas terminals; installation of natural gas user facilities and equipment; and relocation and dismantling, gas appliance sales, distributed heating, energy-saving renovation, and integrated energy services. The company was founded in 2008 and is based in Xi'an, the People’s Republic of China.

| Item | Detail |
|------|--------|
| Industry | Gas Utilities |
| Exchange | CN Market |
| Website | [www.meinenggas.com](https://www.meinenggas.com) |

## Key Drivers
> *AI-analyzed key factors driving this stock's performance*


## Longbridge Financial Score™: C
> *Longbridge Financial Score™ — Proprietary multi-factor rating model by Longbridge*
> Updated: 2026-05-19T04:30:08.000Z

**Overall: C (0.46)**

**Industry**: Gas Utilities

| Metric | Value |
|--------|-------|
| Industry Ranking | 16 / 20 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Value - Stocks where the company's main business is in a mature stage.
- **Scale**: Small - The company's operation has a high degree of growth and volatility, making it easy to achieve high investment returns.

**Multi Score**: C

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 0.21% |  |
| Net Profit YoY | 10.70% |  |
| P/B Ratio | 3.11 |  |
| Dividend Ratio | 4.01% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 3861156206.11 |  |
| Revenue | 700453833.92 |  |

#### Multi Score Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 8.07% | B |
| Profit Margin | 14.79% | A |
| Gross Margin | 19.49% | D |
| Revenue YoY | 0.21% | C |
| Net Profit YoY | 10.70% | C |
| Total Assets YoY | -2.16% | D |
| Net Assets YoY | -6.42% | D |
| Cash Flow Margin | 103.66% | C |
| OCF YoY | 0.21% | C |
| Turnover | 0.41 | C |
| Gearing Ratio | 26.95% | B |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Shanxi Meineng Clean Energy Corp.,Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "0.21%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "10.70%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "3.11",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "4.01%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "3861156206.11",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "700453833.92",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "8.07%",
          "rating": "B"
        },
        {
          "name": "Profit Margin",
          "value": "14.79%",
          "rating": "A"
        },
        {
          "name": "Gross Margin",
          "value": "19.49%",
          "rating": "D"
        },
        {
          "name": "Revenue YoY",
          "value": "0.21%",
          "rating": "C"
        },
        {
          "name": "Net Profit YoY",
          "value": "10.70%",
          "rating": "C"
        },
        {
          "name": "Total Assets YoY",
          "value": "-2.16%",
          "rating": "D"
        },
        {
          "name": "Net Assets YoY",
          "value": "-6.42%",
          "rating": "D"
        },
        {
          "name": "Cash Flow Margin",
          "value": "103.66%",
          "rating": "C"
        },
        {
          "name": "OCF YoY",
          "value": "0.21%",
          "rating": "C"
        },
        {
          "name": "Turnover",
          "value": "0.41",
          "rating": "C"
        },
        {
          "name": "Gearing Ratio",
          "value": "26.95%",
          "rating": "B"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 36.76 | 12/20 | 32.96 | 31.12 | 29.20 |
| PB | 3.07 | 17/20 | 2.76 | 2.53 | 2.21 |
| PS (TTM) | 5.44 | 19/20 | 4.46 | 4.19 | 3.96 |
| Dividend Yield | 4.07% | 6/20 | 6.14% | 5.54% | 4.90% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | Foran Energy (002911.SZ) | C | C | A | C | C | B |
| 02 | Xinjiang Torch Gas Co., Ltd. (603080.SH) | B | B | B | B | B | B |
| 03 | ENN-NG (600803.SH) | B | D | A | C | C | C |
| 04 | SGC (601139.SH) | C | C | B | D | B | C |
| 05 | SENTON ENERGY (001331.SZ) | D | E | A | A | C | C |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/001299.SZ/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/001299.SZ/norm.md)
- [Related News](https://longbridge.com/en/quote/001299.SZ/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/001299.SZ/filings.md)

---

> **Disclaimer: This article is for reference only and does not constitute any investment advice.**