Add New Energy Investment Holdings Group Ltd 02623
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Trading Information
- Previous Close Price
- HKD 0.36
- Day Range
- HKD 0.33–0.36
- 52-Week Range
- HKD 0.05–1.16
- Bid/Ask
- HKD 0.32 / HKD 0.39
- Market Cap
- HKD 124.35 Mil
- Volume/Avg
- 4,200 / 20,619
Key Statistics
- Price/Earnings (Normalized)
- 1.11
- Price/Sales
- 0.08
- Dividend Yield (Trailing)
- —
- Dividend Yield (Forward)
- —
- Total Yield
- —
Company Profile
Add New Energy Investment Holdings Group Ltd is an investment holding company involved in the exploration and mining of iron and ilmenite ore. It produces and sells iron and titanium concentrates to iron pellets and steel producers. Its mines include Yangzhuang Iron Mine, Zhuge Shangyu Ilmenite Mine, Qinjiazhuang Ilmenite, Luxing Titanium Mine, and Gaozhuang Shangyu Ilmenite. It has two reportable segments Mining and ore processing and Trading of minerals, the majority of its revenue comes from the Trading of minerals.
- Sector
- Basic Materials
- Industry
- Other Industrial Metals & Mining
- Stock Style Box
- Small Value
- Total Number of Employees
- 179
- Website
- https://www.addnewenergy.com.hk
Valuation
|
Metric
|
02623
|
|---|---|
Price/Earnings (Normalized) | 1.11 |
Price/Book Value | 0.23 |
Price/Sales | 0.08 |
Price/Cash Flow | — |
Price/Earnings
02623
Financial Strength
|
Metric
|
02623
|
|---|---|
Quick Ratio | 0.83 |
Current Ratio | 1.30 |
Interest Coverage | 15.07 |
Quick Ratio
02623
Profitability
|
Metric
|
02623
|
|---|---|
Return on Assets (Normalized) | 10.52% |
Return on Equity (Normalized) | 20.23% |
Return on Invested Capital (Normalized) | 17.17% |
Return on Assets
02623
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