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 LeverageSubstantially reduced debt and much lower debt-to-equity provide durable financial flexibility. Lower leverage materially reduces solvency and refinancing risk, enabling the company to endure cyclical weakness and pursue restructuring or selective investment without imminent debt pressure.
Sizable Equity CushionA relatively large equity base versus assets supplies a buffer against further losses and supports creditor confidence. This structural capital cushion can fund a turnaround or absorb shocks over the next months without immediate dilutive financing, preserving strategic optionality.
Historical Profitability CapabilityPrior profitable years indicate the business model can work under favorable conditions. That operational track record suggests management can restore margins if revenue stabilizes, offering a realistic path to recovery rather than an inherently loss-making enterprise.
Bears Say
Sharp Revenue Decline & 2025 LossA near-halving of revenue and a large 2025 net loss represent a fundamental earnings shock that degrades operational scale, supplier/customer dynamics, and margin recovery. That magnitude of decline impairs cash generation and complicates sustainable recovery over the medium term.
Negative Operating And Free Cash FlowPersistent negative operating and free cash flow signals structural cash burn, forcing reliance on external financing or asset sales. This constrains reinvestment, working-capital management and strategy execution, raising liquidity and execution risk over the coming months.
Volatile Profitability; Negative ROEMaterially negative ROE and profit volatility undermine confidence in capital allocation and make planning difficult. Persistent unpredictability in returns increases the company’s cost of capital and hampers long-term investor support and strategic investment decisions.
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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