Add New Energy Investment Holdings Group Ltd. (HK:2623)
:2623
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2623 Stock Chart & Stats
HK$4.90
HK$0.04(6.67%)
At close: 4:00 PM EST
HK$4.90
HK$0.04(6.67%)
Day’s Range― - ―
52-Week RangeHK$0.32 - HK$6.77
Previous CloseN/A
Volume8.00K
Average Volume (3M)61.61K
Market Cap
HK$2.63B
Enterprise ValueHK$1.23B
Total Cash (Recent Filing)HK$242.77M
Total Debt (Recent Filing)HK$10.64M
Price to Earnings (P/E)―
Beta-0.40
Next Earnings
Sep 02, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.25
Shares Outstanding525,429,800
10 Day Avg. Volume117,400
30 Day Avg. Volume61,611
Financial Highlights & Ratios
PEG Ratio0.07
Price to Book (P/B)3.10
Price to Sales (P/S)18.96
P/FCF Ratio-3.89
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Balance Sheet StrengthLeverage fell meaningfully and equity is sizable, lowering refinancing and solvency risk. This stronger balance sheet provides durable flexibility to absorb shocks, fund a measured turnaround or targeted capex, and reduces short‑term liquidity pressure on operations.
Prior Profitability Track RecordAlthough 2025 was a setback, the company produced profits across 2022–2024, demonstrating underlying operational capability. That track record indicates the business model can deliver positive margins if volumes or pricing recover and management sustains cost discipline.
Lean Operations (staff Base)A relatively small workforce implies a lean organizational structure that can enable faster cost adjustments and lower fixed overhead. This operational flexibility is durable, helping preserve cash during downturns and allowing quicker restructuring to restore profitability.
Bears Say
Sharp Revenue And Earnings DeteriorationA ~47% revenue collapse and a swing to a large net loss reflect severe demand or execution problems. Persistent top‑line weakness erodes scale economics and makes margin recovery harder; reversing such declines typically takes multiple quarters of sustained improvement.
Weak Cash Generation / Cash BurnNegative operating cash flow across recent years and deeply negative free cash flow indicate the business is not self‑funding. Continued cash burn forces reliance on external financing, limits reinvestment capacity, and elevates liquidity and refinancing risk over the medium term.
Volatile Profitability & Negative ReturnsVolatile profits and a materially negative ROE signal capital is not being productively deployed. This undermines strategic planning and investor confidence, making it harder to attract lower‑cost capital and prolonging recovery if returns remain unpredictable.
Add New Energy Investment Holdings Group Ltd. News
2623 FAQ
What was Add New Energy Investment Holdings Group Ltd.’s price range in the past 12 months?
Add New Energy Investment Holdings Group Ltd. lowest stock price was HK$0.32 and its highest was HK$6.77 in the past 12 months.
What is Add New Energy Investment Holdings Group Ltd.’s market cap?
Add New Energy Investment Holdings Group Ltd.’s market cap is HK$2.63B.
When is Add New Energy Investment Holdings Group Ltd.’s upcoming earnings report date?
Add New Energy Investment Holdings Group Ltd.’s upcoming earnings report date is Sep 02, 2026 which is in 104 days.
How were Add New Energy Investment Holdings Group Ltd.’s earnings last quarter?
Add New Energy Investment Holdings Group Ltd. released its earnings results on Mar 31, 2026. The company reported -HK$0.225 earnings per share for the quarter, missing the consensus estimate of N/A by -HK$0.225.
Is Add New Energy Investment Holdings Group Ltd. overvalued?
According to Wall Street analysts Add New Energy Investment Holdings Group Ltd.’s price is currently Overvalued.
Does Add New Energy Investment Holdings Group Ltd. pay dividends?
Add New Energy Investment Holdings Group Ltd. does not currently pay dividends.
What is Add New Energy Investment Holdings Group Ltd.’s EPS estimate?
Add New Energy Investment Holdings Group Ltd.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Add New Energy Investment Holdings Group Ltd. have?
Add New Energy Investment Holdings Group Ltd. has 525,429,800 shares outstanding.
What happened to Add New Energy Investment Holdings Group Ltd.’s price movement after its last earnings report?
Add New Energy Investment Holdings Group Ltd. reported an EPS of -HK$0.225 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -10.635%.
Which hedge fund is a major shareholder of Add New Energy Investment Holdings Group Ltd.?
Currently, no hedge funds are holding shares in HK:2623
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Add New Energy Investment Holdings Group Ltd. Stock Smart Score
Neutral
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Technicals
SMA
―
20 days / 200 days
Momentum
14.28%
12-Months-Change
Fundamentals
Return on Equity
-17.10%
Trailing 12-Months
Asset Growth
18.89%
Trailing 12-Months
Company Description
Add New Energy Investment Holdings Group Ltd.
Add New Energy Investment Holdings Group Limited, an investment holding company, engages in the exploration, mining, and processing of iron and ilmenite ores in the People's Republic of China. It primarily produces and sells iron and titanium concentrates to iron pellets and steel producers. The company's mines include Yangzhuang Iron Mine, Zhuge Shangyu Ilmenite Mine, Luxing Titanium, and Qinjiazhuang Ilmenite Mine. It is also involved in the trading of coarse iron powder, spodumene, semi-coke, and blended coal; and wind power generation. The company was formerly known as China Zhongsheng Resources Holdings Limited and changed its name to Add New Energy Investment Holdings Group Limited in July 2016. Add New Energy Investment Holdings Group Limited was incorporated in 2011 and is headquartered in Yishui, the People's Republic of China.
Technical Analysis
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