Add New Energy Investment Holdings Group Balance Sheet Health
Financial Health criteria checks 5/6
Add New Energy Investment Holdings Group has a total shareholder equity of CN¥479.0M and total debt of CN¥151.9M, which brings its debt-to-equity ratio to 31.7%. Its total assets and total liabilities are CN¥897.7M and CN¥418.6M respectively.
Key information
31.7%
Debt to equity ratio
CN¥151.90m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥73.86m |
| Equity | CN¥479.04m |
| Total liabilities | CN¥418.64m |
| Total assets | CN¥897.68m |
Recent financial health updates
Add New Energy Investment Holdings Group (HKG:2623) Takes On Some Risk With Its Use Of Debt
Apr 05
Add 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 30Here's Why Add New Energy Investment Holdings Group (HKG:2623) Has A Meaningful Debt Burden
Mar 29Recent updates
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 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 22Financial Position Analysis
Short Term Liabilities: 2623's short term assets (CN¥382.8M) exceed its short term liabilities (CN¥332.2M).
Long Term Liabilities: 2623's short term assets (CN¥382.8M) exceed its long term liabilities (CN¥86.4M).
Debt to Equity History and Analysis
Debt Level: 2623's net debt to equity ratio (16.3%) is considered satisfactory.
Reducing Debt: 2623's debt to equity ratio has reduced from 42.3% to 31.7% over the past 5 years.
Debt Coverage: 2623's debt is well covered by operating cash flow (57%).
Interest Coverage: Insufficient data to determine if 2623's interest payments on its debt are well covered by EBIT.