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Add New Energy Investment Holdings Group Ltd. (HK:2623)
:2623
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$0.38 - HK$6.20
Previous CloseN/A
Volume8.00K
Average Volume (3M)61.61K
Market Cap
HK$1.53B
Enterprise ValueHK$1.65B
Total Cash (Recent Filing)HK$69.91M
Total Debt (Recent Filing)HK$374.62M
Price to Earnings (P/E)18.3
Beta-0.45
Next Earnings
Apr 01, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.01
Shares Outstanding350,286,530
10 Day Avg. Volume117,400
30 Day Avg. Volume61,611
Financial Highlights & Ratios
PEG Ratio0.27
Price to Book (P/B)0.39
Price to Sales (P/S)0.75
P/FCF Ratio-0.86
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
Improved Return On EquityROE rising to 11.31% from 10.27% signals improving ability to convert shareholder equity into profit. Over the medium term this suggests management is extracting greater returns from capital, supporting sustainable shareholder value if operational scale and cash conversion stabilize.
Solid Equity BaseA 53.73% equity ratio indicates a robust capital buffer that reduces insolvency risk and supports project financing for renewables. This solidity gives the company structural resilience to absorb shocks and secure financing on acceptable terms over the next several quarters.
Renewables-Focused Business ModelA focused business model in solar and wind aligns with global structural demand for clean energy and policy support. Long lead-time, asset-backed projects create durable cash-generation opportunities and offer strategic partnerships potential, supporting medium-term growth drivers.
Bears Say
Sharp Revenue DeclineA near 78% revenue drop is a material structural concern: it undermines scale economics, makes margins and project economics harder to sustain, and raises questions about recurring revenue streams and contract renewals unless new projects replace lost volume.
Negative Free Cash FlowPersistently negative free cash flow (-243.07M) materially strains liquidity and forces reliance on external financing. Over months this limits reinvestment in projects, increases refinancing risk, and can impair the company's ability to capitalize on renewables demand without deleveraging.
Rising LeverageDebt-to-equity rising to 0.49 from 0.06 shows a marked shift toward debt funding. Higher leverage increases interest and refinancing exposure, reducing financial flexibility and raising default risk if operating cash flows do not recover to cover obligations.
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$0.38 and its highest was HK$6.20 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$1.53B.
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 Apr 01, 2026 which is in 37 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 Aug 29, 2025. The company reported -HK$0.011 earnings per share for the quarter, missing the consensus estimate of N/A by -HK$0.011.
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 350,286,530 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$0.011 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went same 0%.
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
Outperform
1
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8
9
10
Technicals
SMA
―
20 days / 200 days
Momentum
14.28%
12-Months-Change
Fundamentals
Return on Equity
14.56%
Trailing 12-Months
Asset Growth
17.55%
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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