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$0.36 - HK$6.77
Previous CloseN/A
Volume8.00K
Average Volume (3M)61.61K
Market Cap
HK$2.44B
Enterprise ValueHK$1.21B
Total Cash (Recent Filing)HK$242.77M
Total Debt (Recent Filing)HK$10.64M
Price to Earnings (P/E)―
Beta0.38
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
Improved LeverageMaterial reduction in leverage meaningfully lowers insolvency and refinancing risk and gives management time to address operating issues. A structurally stronger capital structure supports strategic options (raising capital, M&A or weathering cash burn) over the next several months.
Sizable Equity BufferA sizable equity base provides a lasting cushion against losses and supports creditor confidence. This structural capital reserve helps absorb further operating volatility, reduces near-term solvency pressure, and makes non-dilutive financing or orderly recapitalization more feasible.
Proven Profitability HistoricallyPrior multi-year profitability demonstrates the underlying business can generate margins under normal conditions. This indicates the operating model is viable and provides a realistic pathway to recovery if revenue stabilizes or cost structure is optimized over the medium term.
Bears Say
Sharp Revenue DeclineA near-50% revenue drop undermines scale economics and fixed-cost absorption, pressuring margins and operating leverage. Such a structural revenue contraction reduces pricing power, weakens customer traction, and makes consistent recovery harder without clear demand or product fixes.
Negative Operating Cash FlowSustained negative operating cash flow and deep FCF deficits create persistent funding needs, forcing reliance on external financing or asset sales. Even with low debt, ongoing cash burn limits investment in operations and raises the risk of liquidity strain over the coming months.
Volatile Returns / Negative ROEMaterially negative and volatile ROE signals that deployed capital is not generating consistent returns, raising the company's cost of capital and investor uncertainty. This structural inconsistency makes planning, capital allocation, and long-term value creation more difficult.
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$0.36 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$2.44B.
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 78 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
-17.38%
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 operates as an investment holding company primarily focused on the exploration, extraction, and processing of iron and ilmenite ores within the People's Republic of China. Its core output comprises iron and titanium concentrates, which are supplied mainly to manufacturers of iron pellets and steel. The company's significant mining assets include the Yangzhuang Iron Mine, Zhuge Shangyu Ilmenite Mine, Luxing Titanium, and Qinjiazhuang Ilmenite Mine. Beyond its mineral resource activities, the group also engages in the trading of various commodities, such as coarse iron powder, spodumene, semi-coke, and blended coal, in addition to its involvement in wind power generation. Incorporated in 2011, the company was formerly known as China Zhongsheng Resources Holdings Limited until it rebranded to Add New Energy Investment Holdings Group Limited in July 2016. Its corporate headquarters are located in Yishui, People's Republic of China.
Technical Analysis
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