-
1 Comment
Add New Energy Investment Holdings Group Limited is currently in a long term uptrend where the price is trading 64.4% above its 200 day moving average.
From a valuation standpoint, the stock is 21.2% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 1.1.
Add New Energy Investment Holdings Group Limited's total revenue rose by 100.2% to $343M since the same quarter in the previous year.
Its net income has increased by 141.4% to $18M since the same quarter in the previous year.
Finally, its free cash flow grew by 140.4% to $7M since the same quarter in the previous year.
Based on the above factors, Add New Energy Investment Holdings Group Limited gets an overall score of 5/5.
| Exchange | HK |
|---|---|
| CurrencyCode | HKD |
| ISIN | KYG0112P1028 |
| Sector | Basic Materials |
| Industry | Other Industrial Metals & Mining |
| PE Ratio | 2.47 |
|---|---|
| Market Cap | 164M |
| Target Price | None |
| Beta | 1.65 |
| Dividend Yield | None |
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. It is also involved in the trading of coarse iron powder, semi-coke, blended coal, and coke; transportation and trading of minerals; and develops clean energy, such as wind power, photovoltaic power, and solar power. The company was formerly known as China Zhongsheng Resources Holdings Limited and changed its name to Add New Energy Investment Holdings Group Limited in July 2016. Add New Energy Investment Holdings Group Limited was incorporated in 2011 and is headquartered in Yishui, the People's Republic of China.
Learn MoreHere's how to backtest a trading strategy or backtest a portfolio for 2623.HK using our backtest tool. PyInvesting provides the backtesting software for you to backtest your investment strategy. Our backtest software is written using Python code and allows you to backtest stock, backtest etf, backtest options, backtest crypto and backtest forex online. Our backtesting Python framework is highly robust and gives you a realistic simulation of how your strategy would have performed in the past using backtest data.
© PyInvesting 2025
