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$2.47B
Enterprise ValueHK$1.19B
Total Cash (Recent Filing)HK$242.77M
Total Debt (Recent Filing)HK$10.64M
Price to Earnings (P/E)―
Beta0.36
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 Leverage And Balance-sheet CushionMeaningful debt reduction and a sizable equity base provide a durable financial cushion over the next 2–6 months. Lower leverage reduces refinancing and covenant risk, increases liquidity flexibility to support operations during turnaround, and enables opportunistic investment or restructuring without immediate capital stress.
Demonstrated Ability To Be Profitable HistoricallyThe company has shown it can generate profits across multiple prior years, indicating the underlying business model and cost structure can be viable. This historical profitability suggests that, with restored demand or operational fixes, margins and earnings could recover within a medium-term horizon rather than reflecting a permanently unprofitable model.
Lower Equity-market Volatility (low Beta)A low beta implies the stock has historically experienced less market volatility, which can be durable and aid long-term capital strategies. Lower price swings facilitate more orderly equity raises or M&A execution and reduce investor-exit risk during operational recovery phases over the next several months.
Bears Say
Sharp Revenue DeclineA near-50% revenue drop materially reduces scale and operating leverage, indicating structural demand or execution issues. Loss of top-line is durable in its impact: it handicaps margin recovery, reduces pricing power, and makes restoring prior profit levels more challenging within a 2–6 month horizon without clear new demand or contract wins.
Consistent Cash Burn And Negative Free Cash FlowSustained negative operating and free cash flow signals the business is not generating internal funding to sustain operations. This creates durable financing pressure, increases reliance on external capital, limits reinvestment capacity, and elevates default or dilution risk unless operational cash generation is restored.
Volatile Profitability And Negative Return On EquityVolatile earnings and a materially negative ROE show capital is not being productively deployed. That reduces management credibility on capital allocation and can constrain long-term investment, hiring, and supplier relationships. Rebuilding consistent returns is likely to take multiple quarters and structural fixes.
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$2.47B.
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 75 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.
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