Add New Energy Investment Holdings Group Limited

SEHK:2623 Stock Report

Market Cap: HK$220.7m

Add New Energy Investment Holdings Group Past Earnings Performance

Past criteria checks 1/6

Add New Energy Investment Holdings Group has been growing earnings at an average annual rate of 46.2%, while the Metals and Mining industry saw earnings growing at 12.4% annually. Revenues have been growing at an average rate of 20.1% per year. Add New Energy Investment Holdings Group's return on equity is 0.2%, and it has net margins of 0.2%.

Key information

46.2%

Earnings growth rate

46.5%

EPS growth rate

Metals and Mining Industry Growth23.0%
Revenue growth rate20.1%
Return on equity0.2%
Net Margin0.2%
Last Earnings Update30 Jun 2024

Recent past performance updates

Add New Energy Investment Holdings Group's (HKG:2623) Sluggish Earnings Might Be Just The Beginning Of Its Problems

May 10
Add New Energy Investment Holdings Group's (HKG:2623) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Recent updates

What Add New Energy Investment Holdings Group Limited's (HKG:2623) P/S Is Not Telling You

Dec 06
What Add New Energy Investment Holdings Group Limited's (HKG:2623) P/S Is Not Telling You

Investors Will Want Add New Energy Investment Holdings Group's (HKG:2623) Growth In ROCE To Persist

Aug 14
Investors Will Want Add New Energy Investment Holdings Group's (HKG:2623) Growth In ROCE To Persist

It Looks Like Add New Energy Investment Holdings Group Limited's (HKG:2623) CEO May Expect Their Salary To Be Put Under The Microscope

May 31
It Looks Like Add New Energy Investment Holdings Group Limited's (HKG:2623) CEO May Expect Their Salary To Be Put Under The Microscope

Add New Energy Investment Holdings Group Limited (HKG:2623) Shares Fly 128% But Investors Aren't Buying For Growth

May 22
Add New Energy Investment Holdings Group Limited (HKG:2623) Shares Fly 128% But Investors Aren't Buying For Growth

Add New Energy Investment Holdings Group's (HKG:2623) Sluggish Earnings Might Be Just The Beginning Of Its Problems

May 10
Add New Energy Investment Holdings Group's (HKG:2623) Sluggish Earnings Might Be Just The Beginning Of Its Problems

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) Takes On Some Risk With Its Use Of Debt

Add New Energy Investment Holdings Group Limited's (HKG:2623) 26% Dip In Price Shows Sentiment Is Matching Earnings

Apr 05
Add New Energy Investment Holdings Group Limited's (HKG:2623) 26% Dip In Price Shows Sentiment Is Matching Earnings

There's Been No Shortage Of Growth Recently For Add New Energy Investment Holdings Group's (HKG:2623) Returns On Capital

Feb 05
There's Been No Shortage Of Growth Recently For Add New Energy Investment Holdings Group's (HKG:2623) Returns On Capital

Add New Energy Investment Holdings Group's (HKG:2623) Returns On Capital Are Heading Higher

Oct 07
Add New Energy Investment Holdings Group's (HKG:2623) Returns On Capital Are Heading Higher

Add New Energy Investment Holdings Group (HKG:2623) Seems To Use Debt Quite Sensibly

May 24
Add New Energy Investment Holdings Group (HKG:2623) Seems To Use Debt Quite Sensibly

Is Add New Energy Investment Holdings Group (HKG:2623) Weighed On By Its Debt Load?

Oct 03
Is Add New Energy Investment Holdings Group (HKG:2623) Weighed On By Its Debt Load?

Does Add New Energy Investment Holdings Group (HKG:2623) Have A Healthy Balance Sheet?

May 30
Does Add New Energy Investment Holdings Group (HKG:2623) Have A Healthy Balance Sheet?

Here's Why Add New Energy Investment Holdings Group (HKG:2623) Has A Meaningful Debt Burden

Sep 30
Here's Why Add New Energy Investment Holdings Group (HKG:2623) Has A Meaningful Debt Burden

Returns On Capital Are Showing Encouraging Signs At Add New Energy Investment Holdings Group (HKG:2623)

Jul 09
Returns On Capital Are Showing Encouraging Signs At Add New Energy Investment Holdings Group (HKG:2623)

We Take A Look At Whether Add New Energy Investment Holdings Group Limited's (HKG:2623) CEO May Be Underpaid

May 22
We Take A Look At Whether Add New Energy Investment Holdings Group Limited's (HKG:2623) CEO May Be Underpaid

Shareholders Shouldn’t Be Too Comfortable With Add New Energy Investment Holdings Group's (HKG:2623) Strong Earnings

May 09
Shareholders Shouldn’t Be Too Comfortable With Add New Energy Investment Holdings Group's (HKG:2623) Strong Earnings

Here's Why Add New Energy Investment Holdings Group (HKG:2623) Has A Meaningful Debt Burden

Mar 29
Here's Why Add New Energy Investment Holdings Group (HKG:2623) Has A Meaningful Debt Burden

Introducing Add New Energy Investment Holdings Group (HKG:2623), A Stock That Climbed 62% In The Last Year

Dec 27
Introducing Add New Energy Investment Holdings Group (HKG:2623), A Stock That Climbed 62% In The Last Year

Does Add New Energy Investment Holdings Group (HKG:2623) Have A Healthy Balance Sheet?

Nov 22
Does Add New Energy Investment Holdings Group (HKG:2623) Have A Healthy Balance Sheet?

Revenue & Expenses Breakdown

How Add New Energy Investment Holdings Group makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SEHK:2623 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 244731780
31 Mar 2486826780
31 Dec 231,26451780
30 Sep 231,77863770
30 Jun 232,29376760
31 Mar 232,07967780
31 Dec 221,86658800
30 Sep 221,56713720
30 Jun 221,268-31640
31 Mar 221,451-31600
31 Dec 211,634-30570
30 Sep 211,57214600
30 Jun 211,51059620
31 Mar 211,23860590
31 Dec 2096661570
30 Sep 2074017580
30 Jun 20514-26590
31 Mar 20419-49580
31 Dec 19323-71570
30 Sep 19316-82570
30 Jun 19308-93570
31 Mar 19263-94560
31 Dec 18217-96550
30 Jun 1885-97450
31 Mar 1858-90410
31 Dec 1730-84370
30 Jun 1737-50-130
31 Mar 1747-77130
31 Dec 1657-105400
30 Sep 1699-1881530
30 Jun 16140-2582180
31 Mar 16217-2602160
31 Dec 15294-2612140
30 Sep 15312-2121550
30 Jun 15329-162960
31 Mar 15377-120780
31 Dec 14426-79600
30 Sep 14553-32590
30 Jun 1468014580
31 Mar 1467463580

Quality Earnings: 2623 has a large one-off gain of CN¥7.5M impacting its last 12 months of financial results to 30th June, 2024.

Growing Profit Margin: 2623's current net profit margins (0.2%) are lower than last year (3.3%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 2623 has become profitable over the past 5 years, growing earnings by 46.2% per year.

Accelerating Growth: 2623's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 2623 had negative earnings growth (-98.6%) over the past year, making it difficult to compare to the Metals and Mining industry average (22.8%).


Return on Equity

High ROE: 2623's Return on Equity (0.2%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/04 02:54
End of Day Share Price 2025/01/03 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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.

AnalystInstitution