2623.HK
Price:
$4.77
Market Cap:
$1.51B
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 primarily 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, Luxing Titanium, and Qinjiazhuang Ilmenite Mine. It is also involved in the trading of coarse iron powder, spodumene, semi-coke, and blended coal; and wind power generation. The company was formerly known as China Zhongsheng Resources Holdings Limited and changed its name to Add New Energy Investment Holdings Group Limited in ...[Read more]
Industry
Industrial Materials
IPO Date
2012-04-27
Stock Exchange
HKSE
Ticker
2623.HK
According to Add New Energy Investment Holdings Group Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.87. This represents a change of -13.10% compared to the average of 1.00 of the last 4 quarters.
The mean historical Current Ratio of Add New Energy Investment Holdings Group Limited over the last ten years is 1.82. The current 0.87 Current Ratio has changed 4.65% with respect to the historical average. Over the past ten years (40 quarters), 2623.HK's Current Ratio was at its highest in in the December 2018 quarter at 3.63. The Current Ratio was at its lowest in in the January 2011 quarter at 0.
Average
1.82
Median
1.87
Minimum
0.83
Maximum
3.63
Discovering the peaks and valleys of Add New Energy Investment Holdings Group Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 94.25%
Maximum Annual Current Ratio = 3.63
Minimum Annual Increase = -46.17%
Minimum Annual Current Ratio = 0.83
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.07 | 18.35% |
| 2023 | 0.90 | 8.30% |
| 2022 | 0.83 | -25.19% |
| 2021 | 1.11 | -46.17% |
| 2020 | 2.07 | -11.53% |
| 2019 | 2.34 | -35.62% |
| 2018 | 3.63 | 94.25% |
| 2017 | 1.87 | -26.56% |
| 2016 | 2.55 | 35.85% |
| 2015 | 1.87 | -12.88% |
The current Current Ratio of Add New Energy Investment Holdings Group Limited (2623.HK) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.93
5-year avg
1.20
10-year avg
1.82
Add New Energy Investment Holdings Group Limited’s Current Ratio is less than Greentech Technology International Limited (1.26), less than Macrolink Capital Holdings Limited (0.97), greater than Greenway Mining Group Limited (0.18), less than Zhengye International Holdings Company Limited (1.11), greater than Shanghai Dasheng Agriculture Finance Technology Co., Ltd. (0.00), greater than Bay Area Gold Group Limited (0.07), greater than GTI Holdings Limited (0.15), greater than Xiwang Special Steel Company Limited (0.31), greater than Renaissance Asia Silk Road Group Limited (0.60), greater than Century Sunshine Group Holdings Limited (0.41),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.26 | $382.48M | |
| 0.97 | $202.65M | |
| 0.18 | $102.02M | |
| 1.11 | $185.00M | |
| 0.00 | $133.72M | |
| 0.07 | $104.39M | |
| 0.15 | $107.08M | |
| 0.31 | $23.69M | |
| 0.60 | $33.58M | |
| 0.41 | $19.47M |
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