2623 Stock Overview
An investment holding company, engages in the exploration, mining, and processing of iron and ilmenite ores in the People's Republic of China. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
Add New Energy Investment Holdings Group Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$0.62 |
| 52 Week High | HK$1.21 |
| 52 Week Low | HK$0.30 |
| Beta | 1.52 |
| 1 Month Change | -8.82% |
| 3 Month Change | -10.14% |
| 1 Year Change | 21.57% |
| 3 Year Change | -75.40% |
| 5 Year Change | -46.55% |
| Change since IPO | -87.40% |
Recent News & Updates
What Add New Energy Investment Holdings Group Limited's (HKG:2623) P/S Is Not Telling You
Dec 06
Investors Will Want Add New Energy Investment Holdings Group's (HKG:2623) Growth In ROCE To Persist
Aug 14It Looks Like Add New Energy Investment Holdings Group Limited's (HKG:2623) CEO May Expect Their Salary To Be Put Under The Microscope
May 31Recent updates
What Add New Energy Investment Holdings Group Limited's (HKG:2623) P/S Is Not Telling You
Dec 06Investors Will Want Add New Energy Investment Holdings Group's (HKG:2623) Growth In ROCE To Persist
Aug 14It Looks Like Add New Energy Investment Holdings Group Limited's (HKG:2623) CEO May Expect Their Salary To Be Put Under The Microscope
May 31Add New Energy Investment Holdings Group Limited (HKG:2623) Shares Fly 128% But Investors Aren't Buying For Growth
May 22Add New Energy Investment Holdings Group's (HKG:2623) Sluggish Earnings Might Be Just The Beginning Of Its Problems
May 10Add New Energy Investment Holdings Group (HKG:2623) Takes On Some Risk With Its Use Of Debt
Apr 05Add New Energy Investment Holdings Group Limited's (HKG:2623) 26% Dip In Price Shows Sentiment Is Matching Earnings
Apr 05There's Been No Shortage Of Growth Recently For Add New Energy Investment Holdings Group's (HKG:2623) Returns On Capital
Feb 05Add New Energy Investment Holdings Group's (HKG:2623) Returns On Capital Are Heading Higher
Oct 07Add New Energy Investment Holdings Group (HKG:2623) Seems To Use Debt Quite Sensibly
May 24Is Add New Energy Investment Holdings Group (HKG:2623) Weighed On By Its Debt Load?
Oct 03Does Add New Energy Investment Holdings Group (HKG:2623) Have A Healthy Balance Sheet?
May 30Here's Why Add New Energy Investment Holdings Group (HKG:2623) Has A Meaningful Debt Burden
Sep 30Returns On Capital Are Showing Encouraging Signs At Add New Energy Investment Holdings Group (HKG:2623)
Jul 09We Take A Look At Whether Add New Energy Investment Holdings Group Limited's (HKG:2623) CEO May Be Underpaid
May 22Shareholders Shouldn’t Be Too Comfortable With Add New Energy Investment Holdings Group's (HKG:2623) Strong Earnings
May 09Here's Why Add New Energy Investment Holdings Group (HKG:2623) Has A Meaningful Debt Burden
Mar 29Introducing Add New Energy Investment Holdings Group (HKG:2623), A Stock That Climbed 62% In The Last Year
Dec 27
Does Add New Energy Investment Holdings Group (HKG:2623) Have A Healthy Balance Sheet?
Nov 22Shareholder Returns
| 2623 | HK Metals and Mining | HK Market | |
|---|---|---|---|
| 7D | 0% | 0.04% | 0.3% |
| 1Y | 21.6% | 17.7% | 19.4% |
Return vs Industry: 2623 exceeded the Hong Kong Metals and Mining industry which returned 17.7% over the past year.
Return vs Market: 2623 exceeded the Hong Kong Market which returned 19.4% over the past year.
Price Volatility
| 2623 volatility | |
|---|---|
| 2623 Average Weekly Movement | 7.8% |
| Metals and Mining Industry Average Movement | 7.3% |
| Market Average Movement | 8.4% |
| 10% most volatile stocks in HK Market | 17.7% |
| 10% least volatile stocks in HK Market | 3.8% |
Stable Share Price: 2623 has not had significant price volatility in the past 3 months compared to the Hong Kong market.
Volatility Over Time: 2623's weekly volatility has decreased from 21% to 8% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2011 | 131 | Guohua Geng | www.addnewenergy.com.hk |
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 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, Gaozhuang Shangyu Ilmenite, and Qinjiazhuang Ilmenite Mine.
Add New Energy Investment Holdings Group Limited Fundamentals Summary
| 2623 fundamental statistics | |
|---|---|
| Market cap | HK$217.18m |
| Earnings (TTM) | HK$1.10m |
| Revenue (TTM) | HK$503.98m |
197.1x
P/E Ratio0.4x
P/S RatioIs 2623 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 2623 income statement (TTM) | |
|---|---|
| Revenue | CN¥473.02m |
| Cost of Revenue | CN¥395.14m |
| Gross Profit | CN¥77.88m |
| Other Expenses | CN¥76.85m |
| Earnings | CN¥1.03m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.003 |
| Gross Margin | 16.46% |
| Net Profit Margin | 0.22% |
| Debt/Equity Ratio | 31.7% |
How did 2623 perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 01:41 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Add New Energy Investment Holdings Group Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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