2623.HK
Price:
$4.82
Market Cap:
$1.52B
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 ROE is 13.67%. This represents a change of 297.20% compared to the average of 3.44% of the last 4 quarters.
The mean historical ROE of Add New Energy Investment Holdings Group Limited over the last ten years is -9.52%. The current 13.67% ROE has changed -243.57% with respect to the historical average. Over the past ten years (40 quarters), 2623.HK's ROE was at its highest in in the June 2013 quarter at 15.15%. The ROE was at its lowest in in the December 2015 quarter at -29.69%.
Average
-9.52%
Median
-15.19%
Minimum
-41.87%
Maximum
18.53%
Discovering the peaks and valleys of Add New Energy Investment Holdings Group Limited ROE, 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 = 281.56%
Maximum Annual ROE = 18.53%
Minimum Annual Increase = -255.58%
Minimum Annual ROE = -41.87%
| Year | ROE | Change |
|---|---|---|
| 2024 | 11.31% | 10.09% |
| 2023 | 10.27% | -36.91% |
| 2022 | 16.28% | -255.58% |
| 2021 | -10.47% | -156.48% |
| 2020 | 18.53% | -169.58% |
| 2019 | -26.63% | -13.69% |
| 2018 | -30.85% | 40.96% |
| 2017 | -21.89% | 9.88% |
| 2016 | -19.92% | -52.43% |
| 2015 | -41.87% | 281.56% |
The current ROE of Add New Energy Investment Holdings Group Limited (2623.HK) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
12.62%
5-year avg
9.19%
10-year avg
-9.52%
Add New Energy Investment Holdings Group Limited’s ROE is less than Greentech Technology International Limited (7.07%), greater than Macrolink Capital Holdings Limited (-5.85%), greater than Greenway Mining Group Limited (-5.21%), less than Zhengye International Holdings Company Limited (2.11%), less than Shanghai Dasheng Agriculture Finance Technology Co., Ltd. (54.16%), less than Bay Area Gold Group Limited (1.56%), less than GTI Holdings Limited (16.06%), greater than Xiwang Special Steel Company Limited (-25.94%), greater than Renaissance Asia Silk Road Group Limited (-15.70%), greater than Century Sunshine Group Holdings Limited (-20.57%),
| Company | ROE | Market cap |
|---|---|---|
| 7.07% | $382.48M | |
| -5.85% | $202.65M | |
| -5.21% | $102.02M | |
| 2.11% | $175.00M | |
| 54.16% | $133.72M | |
| 1.56% | $104.39M | |
| 16.06% | $107.08M | |
| -25.94% | $23.69M | |
| -15.70% | $33.58M | |
| -20.57% | $19.47M |
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