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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$0.48 - HK$6.77
Previous CloseN/A
Volume8.00K
Average Volume (3M)1.36M
Market Cap
HK$1.91B
Enterprise ValueHK$1.77K
Total Cash (Recent Filing)HK$266.65M
Total Debt (Recent Filing)HK$3.20M
Price to Earnings (P/E)―
Beta0.40
Next Earnings
Mar 31, 2027EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.27
Shares Outstanding548,629,800
10 Day Avg. Volume1,071,303
30 Day Avg. Volume1,363,789
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
Lower LeverageSubstantially reduced debt improves financial resilience and lowers the burden of servicing obligations while the company works through weaker earnings. Very low leverage can preserve borrowing capacity, reduce refinancing pressure, and provide greater flexibility for operations and future capital allocation.
Sizable Equity CushionA meaningful equity base provides protection against operating volatility and losses, helping absorb adverse results without relying solely on additional borrowing. This cushion supports balance-sheet stability over the next several quarters, even though current returns on that capital are weak.
Demonstrated Profit GenerationPrior profits show that the business has demonstrated an ability to operate profitably under more favorable conditions, rather than having an entirely unproven earnings model. That history provides a potential foundation for recovery if performance stabilizes, although recent results remain materially weaker.
Bears Say
Sharp Revenue And Profitability DeteriorationThe steep revenue contraction and move from profit to a large loss indicate substantial deterioration in the operating base and earnings power. Persistently weaker scale can reduce the ability to cover fixed costs, fund investment internally, and restore margins over the next several quarters.
Persistent Cash BurnNegative operating cash flow across two consecutive years shows that reported activities are not consistently converting into cash, while deeply negative free cash flow signals significant funding pressure. Continued cash burn can constrain investment, increase reliance on financing, and weaken financial flexibility.
Volatile And Currently Negative ReturnsThe repeated swings between losses and profits reduce confidence in the durability and predictability of earnings. The latest negative return on equity also indicates that current capital is not being productively deployed, making a sustained recovery in profitability important for shareholder value.
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$0.48 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$1.91B.
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 Mar 31, 2027 which is in 188 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 28, 2026. The company reported -HK$0.034 earnings per share for the quarter.
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 548,629,800 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$0.034 in its last earnings report. Following the earnings report the stock price went up 0.129%.
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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9
10
Technicals
SMA
Negative
20 days / 200 days
Momentum
564.44%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
47.50%
Trailing 12-Months
Learn more about TipRanks Smart Score
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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