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Add New Energy Investment Holdings Group Ltd
Buy, Hold or Sell?

Let's analyze Add New Energy Investment Holdings Group Ltd together

I guess you are interested in Add New Energy Investment Holdings Group Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Add New Energy Investment Holdings Group Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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1. Quick Overview

1.1. Quick analysis of Add New Energy Investment Holdings Group Ltd (30 sec.)










1.2. What can you expect buying and holding a share of Add New Energy Investment Holdings Group Ltd? (30 sec.)

How much money do you get?

How much money do you get?
HK$0.00
When do you have the money?
1 year
How often do you get paid?
30.0%

What is your share worth?

Current worth
HK$1.41
Expected worth in 1 year
HK$2.98
How sure are you?
30.0%

+ What do you gain per year?

Total Gains per Share
HK$1.58
Return On Investment
231.9%

For what price can you sell your share?

Current Price per Share
HK$0.68
Expected price per share
HK$0.65 - HK$0.81
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of Add New Energy Investment Holdings Group Ltd (5 min.)




Live pricePrice per Share (EOD)
HK$0.68
Intrinsic Value Per Share
HK$-2.43 - HK$1.92
Total Value Per Share
HK$-1.02 - HK$3.33

2.2. Growth of Add New Energy Investment Holdings Group Ltd (5 min.)




Is Add New Energy Investment Holdings Group Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$63.2m$45.4m$17.7m28.0%

How much money is Add New Energy Investment Holdings Group Ltd making?

Current yearPrevious yearGrowGrow %
Making money$6.9m$7.9m-$978.8k-14.1%
Net Profit Margin4.0%3.1%--

How much money comes from the company's main activities?

2.3. Financial Health of Add New Energy Investment Holdings Group Ltd (5 min.)




2.4. Comparing to competitors in the Other Industrial Metals & Mining industry (5 min.)




  Industry Rankings (Other Industrial Metals & Mining)  


Richest
#204 / 856

Most Revenue
#88 / 856

Most Profit
#94 / 856

Most Efficient
#101 / 856
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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Add New Energy Investment Holdings Group Ltd?

Welcome investor! Add New Energy Investment Holdings Group Ltd's management wants to use your money to grow the business. In return you get a share of Add New Energy Investment Holdings Group Ltd.

First you should know what it really means to hold a share of Add New Energy Investment Holdings Group Ltd. And how you can make/lose money.

Speculation

The Price per Share of Add New Energy Investment Holdings Group Ltd is HK$0.68. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Add New Energy Investment Holdings Group Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Add New Energy Investment Holdings Group Ltd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is HK$1.41. Based on the TTM, the Book Value Change Per Share is HK$0.39 per quarter. Based on the YOY, the Book Value Change Per Share is HK$0.19 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is HK$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Add New Energy Investment Holdings Group Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 HK$% of Price per ShareHK$% of Price per ShareHK$% of Price per ShareHK$% of Price per ShareHK$% of Price per Share
Usd Eps0.022.9%0.022.9%0.023.3%0.000.1%-0.03-3.9%
Usd Book Value Change Per Share0.057.4%0.057.4%0.023.6%0.012.0%-0.01-1.4%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.057.4%0.057.4%0.023.6%0.012.0%-0.01-1.4%
Usd Price Per Share0.07-0.07-0.17-0.20-0.34-
Price to Earnings Ratio3.42-3.42-7.62-27.48-7.99-
Price-to-Total Gains Ratio1.34-1.34-7.05--0.17--13.30-
Price to Book Ratio0.38-0.38-1.33-7.65-5.05-
Price-to-Total Gains Ratio1.34-1.34-7.05--0.17--13.30-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.08738
Number of shares11444
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.050.01
Usd Total Gains Per Share0.050.01
Gains per Quarter (11444 shares)579.74152.52
Gains per Year (11444 shares)2,318.96610.08
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10231923090610600
2046384628012201210
3069576947018301820
4092769266024402430
501159511585030503040
601391413904036603650
701623316223042714260
801855218542048814870
902087120861054915480
1002319023180061016090

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%2.01.00.066.7%3.02.00.060.0%3.07.00.030.0%6.07.02.040.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%3.02.00.060.0%3.07.00.030.0%7.08.00.046.7%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%3.00.07.030.0%5.00.010.033.3%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%3.02.00.060.0%3.07.00.030.0%7.08.00.046.7%
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3.2. Key Performance Indicators

The key performance indicators of Add New Energy Investment Holdings Group Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.3940.3940%0.191+107%0.104+280%-0.074+119%
Book Value Per Share--1.4061.4060%1.012+39%0.813+73%1.142+23%
Current Ratio--0.9020.9020%0.833+8%1.451-38%1.933-53%
Debt To Asset Ratio--0.4340.4340%0.526-17%0.507-14%0.455-5%
Debt To Equity Ratio--0.7670.7670%1.108-31%1.051-27%0.874-12%
Dividend Per Share----0%-0%-0%0.001-100%
Enterprise Value---45896428.480-45896428.4800%203345977.267-123%2264765157.649-102%1714947756.482-103%
Eps--0.1550.1550%0.177-12%0.007+2237%-0.209+235%
Ev To Ebitda Ratio---0.497-0.4970%1.876-126%26.248-102%0.111-549%
Ev To Sales Ratio---0.034-0.0340%0.102-133%2.221-102%5.729-101%
Free Cash Flow Per Share---0.162-0.1620%0.185-187%0.031-616%-0.064-60%
Free Cash Flow To Equity Per Share--0.0850.0850%-0.132+254%0.045+88%-0.009+110%
Gross Profit Margin--0.9370.9370%0.980-4%0.999-6%1.008-7%
Intrinsic Value_10Y_max--1.919--------
Intrinsic Value_10Y_min---2.431--------
Intrinsic Value_1Y_max--0.110--------
Intrinsic Value_1Y_min---0.111--------
Intrinsic Value_3Y_max--0.392--------
Intrinsic Value_3Y_min---0.450--------
Intrinsic Value_5Y_max--0.751--------
Intrinsic Value_5Y_min---0.914--------
Market Cap237854469.120+22%185386571.520185386571.5200%470741977.267-61%2482462757.649-93%1902379356.482-90%
Net Profit Margin--0.0400.0400%0.031+29%-0.021+153%-0.622+1656%
Operating Margin--0.0500.0500%0.042+20%-0.014+128%-0.469+1037%
Operating Ratio--0.9500.9500%0.962-1%1.003-5%1.546-39%
Pb Ratio0.484+22%0.3770.3770%1.330-72%7.654-95%5.055-93%
Pe Ratio4.394+22%3.4253.4250%7.623-55%27.479-88%7.991-57%
Price Per Share0.680+22%0.5300.5300%1.346-61%1.532-65%2.656-80%
Price To Free Cash Flow Ratio-4.205-28%-3.278-3.2780%7.260-145%-135.772+4042%-344.424+10408%
Price To Total Gains Ratio1.725+22%1.3441.3440%7.050-81%-0.166+112%-13.297+1089%
Quick Ratio--0.6750.6750%0.437+55%0.739-9%1.332-49%
Return On Assets--0.0620.0620%0.083-25%0.010+554%-0.074+219%
Return On Equity--0.1100.1100%0.174-37%0.017+543%-0.126+214%
Total Gains Per Share--0.3940.3940%0.191+107%0.104+280%-0.073+119%
Usd Book Value--63206708.50063206708.5000%45486944.000+39%44421524.800+42%55254974.300+14%
Usd Book Value Change Per Share--0.0510.0510%0.025+107%0.013+280%-0.010+119%
Usd Book Value Per Share--0.1810.1810%0.130+39%0.105+73%0.147+23%
Usd Dividend Per Share----0%-0%-0%0.000-100%
Usd Enterprise Value---5897691.060-5897691.0600%26129958.079-123%291022322.758-102%220370786.708-103%
Usd Eps--0.0200.0200%0.023-12%0.001+2237%-0.027+235%
Usd Free Cash Flow---7267720.296-7267720.2960%8332360.298-187%1040354.149-799%-3077749.924-58%
Usd Free Cash Flow Per Share---0.021-0.0210%0.024-187%0.004-616%-0.008-60%
Usd Free Cash Flow To Equity Per Share--0.0110.0110%-0.017+254%0.006+88%-0.001+110%
Usd Market Cap30564299.282+22%23822174.44023822174.4400%60490344.079-61%318996464.358-93%244455747.308-90%
Usd Price Per Share0.087+22%0.0680.0680%0.173-61%0.197-65%0.341-80%
Usd Profit--6956024.3236956024.3230%7934892.862-12%1858721.290+274%-7670928.776+210%
Usd Revenue--173983488.352173983488.3520%256886494.511-32%166660780.701+4%97446955.060+79%
Usd Total Gains Per Share--0.0510.0510%0.025+107%0.013+280%-0.009+119%
 EOD+5 -3MRQTTM+0 -0YOY+20 -185Y+24 -1410Y+24 -16

3.3 Fundamental Score

Let's check the fundamental score of Add New Energy Investment Holdings Group Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-154.394
Price to Book Ratio (EOD)Between0-10.484
Net Profit Margin (MRQ)Greater than00.040
Operating Margin (MRQ)Greater than00.050
Quick Ratio (MRQ)Greater than10.675
Current Ratio (MRQ)Greater than10.902
Debt to Asset Ratio (MRQ)Less than10.434
Debt to Equity Ratio (MRQ)Less than10.767
Return on Equity (MRQ)Greater than0.150.110
Return on Assets (MRQ)Greater than0.050.062
Total7/10 (70.0%)

3.4 Technical Score

Let's check the technical score of Add New Energy Investment Holdings Group Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5045.479
Ma 20Greater thanMa 500.692
Ma 50Greater thanMa 1000.709
Ma 100Greater thanMa 2000.750
OpenGreater thanClose0.680
Total1/5 (20.0%)

4. In-depth Analysis

4.1 About Add New Energy Investment Holdings Group Ltd

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.

Fundamental data was last updated by Penke on 2024-11-19 16:15:05.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just not able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is expensive.
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4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profit Add New Energy Investment Holdings Group Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Add New Energy Investment Holdings Group Ltd to the Other Industrial Metals & Mining industry mean.
  • A Net Profit Margin of 4.0% means that $0.04 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Add New Energy Investment Holdings Group Ltd:

  • The MRQ is 4.0%. The company is making a profit. +1
  • The TTM is 4.0%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ4.0%TTM4.0%0.0%
TTM4.0%YOY3.1%+0.9%
TTM4.0%5Y-2.1%+6.1%
5Y-2.1%10Y-62.2%+60.1%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ4.0%-4.4%+8.4%
TTM4.0%-7.6%+11.6%
YOY3.1%-46.6%+49.7%
5Y-2.1%-173.8%+171.7%
10Y-62.2%-670.0%+607.8%
4.3.1.2. Return on Assets

Shows how efficient Add New Energy Investment Holdings Group Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Add New Energy Investment Holdings Group Ltd to the Other Industrial Metals & Mining industry mean.
  • 6.2% Return on Assets means that Add New Energy Investment Holdings Group Ltd generated $0.06 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Add New Energy Investment Holdings Group Ltd:

  • The MRQ is 6.2%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 6.2%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ6.2%TTM6.2%0.0%
TTM6.2%YOY8.3%-2.0%
TTM6.2%5Y1.0%+5.3%
5Y1.0%10Y-7.4%+8.4%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ6.2%-6.4%+12.6%
TTM6.2%-6.9%+13.1%
YOY8.3%-6.5%+14.8%
5Y1.0%-9.2%+10.2%
10Y-7.4%-14.1%+6.7%
4.3.1.3. Return on Equity

Shows how efficient Add New Energy Investment Holdings Group Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Add New Energy Investment Holdings Group Ltd to the Other Industrial Metals & Mining industry mean.
  • 11.0% Return on Equity means Add New Energy Investment Holdings Group Ltd generated $0.11 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Add New Energy Investment Holdings Group Ltd:

  • The MRQ is 11.0%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 11.0%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ11.0%TTM11.0%0.0%
TTM11.0%YOY17.4%-6.4%
TTM11.0%5Y1.7%+9.3%
5Y1.7%10Y-12.6%+14.3%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ11.0%-6.8%+17.8%
TTM11.0%-7.6%+18.6%
YOY17.4%-7.2%+24.6%
5Y1.7%-9.7%+11.4%
10Y-12.6%-14.3%+1.7%
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4.3.2. Operating Efficiency of Add New Energy Investment Holdings Group Ltd.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

Measures how efficient Add New Energy Investment Holdings Group Ltd is operating .

  • Measures how much profit Add New Energy Investment Holdings Group Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Add New Energy Investment Holdings Group Ltd to the Other Industrial Metals & Mining industry mean.
  • An Operating Margin of 5.0% means the company generated $0.05  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Add New Energy Investment Holdings Group Ltd:

  • The MRQ is 5.0%. The company is operating less efficient.
  • The TTM is 5.0%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ5.0%TTM5.0%0.0%
TTM5.0%YOY4.2%+0.8%
TTM5.0%5Y-1.4%+6.4%
5Y-1.4%10Y-46.9%+45.5%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ5.0%-97.0%+102.0%
TTM5.0%-42.6%+47.6%
YOY4.2%-49.7%+53.9%
5Y-1.4%-272.8%+271.4%
10Y-46.9%-629.6%+582.7%
4.3.2.2. Operating Ratio

Measures how efficient Add New Energy Investment Holdings Group Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • An Operation Ratio of 0.95 means that the operating costs are $0.95 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Add New Energy Investment Holdings Group Ltd:

  • The MRQ is 0.950. The company is less efficient in keeping operating costs low.
  • The TTM is 0.950. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.950TTM0.9500.000
TTM0.950YOY0.962-0.012
TTM0.9505Y1.003-0.053
5Y1.00310Y1.546-0.543
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9501.700-0.750
TTM0.9501.707-0.757
YOY0.9621.954-0.992
5Y1.0033.533-2.530
10Y1.5468.363-6.817
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4.4.3. Liquidity of Add New Energy Investment Holdings Group Ltd.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if Add New Energy Investment Holdings Group Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • A Current Ratio of 0.90 means the company has $0.90 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Add New Energy Investment Holdings Group Ltd:

  • The MRQ is 0.902. The company is just not able to pay all its short-term debts. -1
  • The TTM is 0.902. The company is just not able to pay all its short-term debts. -1
Trends
Current periodCompared to+/- 
MRQ0.902TTM0.9020.000
TTM0.902YOY0.833+0.069
TTM0.9025Y1.451-0.549
5Y1.45110Y1.933-0.482
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9021.950-1.048
TTM0.9022.046-1.144
YOY0.8332.812-1.979
5Y1.4513.920-2.469
10Y1.9334.512-2.579
4.4.3.2. Quick Ratio

Measures if Add New Energy Investment Holdings Group Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Add New Energy Investment Holdings Group Ltd to the Other Industrial Metals & Mining industry mean.
  • A Quick Ratio of 0.68 means the company can pay off $0.68 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Add New Energy Investment Holdings Group Ltd:

  • The MRQ is 0.675. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.675. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.675TTM0.6750.000
TTM0.675YOY0.437+0.239
TTM0.6755Y0.739-0.064
5Y0.73910Y1.332-0.593
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6750.913-0.238
TTM0.6751.159-0.484
YOY0.4371.736-1.299
5Y0.7392.392-1.653
10Y1.3323.407-2.075
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4.5.4. Solvency of Add New Energy Investment Holdings Group Ltd.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much % of Add New Energy Investment Holdings Group Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Add New Energy Investment Holdings Group Ltd to Other Industrial Metals & Mining industry mean.
  • A Debt to Asset Ratio of 0.43 means that Add New Energy Investment Holdings Group Ltd assets are financed with 43.4% credit (debt) and the remaining percentage (100% - 43.4%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Add New Energy Investment Holdings Group Ltd:

  • The MRQ is 0.434. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.434. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.434TTM0.4340.000
TTM0.434YOY0.526-0.091
TTM0.4345Y0.507-0.072
5Y0.50710Y0.455+0.051
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4340.200+0.234
TTM0.4340.200+0.234
YOY0.5260.180+0.346
5Y0.5070.228+0.279
10Y0.4550.261+0.194
4.5.4.2. Debt to Equity Ratio

Measures if Add New Energy Investment Holdings Group Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Add New Energy Investment Holdings Group Ltd to the Other Industrial Metals & Mining industry mean.
  • A Debt to Equity ratio of 76.7% means that company has $0.77 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Add New Energy Investment Holdings Group Ltd:

  • The MRQ is 0.767. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.767. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.767TTM0.7670.000
TTM0.767YOY1.108-0.340
TTM0.7675Y1.051-0.284
5Y1.05110Y0.874+0.178
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7670.182+0.585
TTM0.7670.187+0.580
YOY1.1080.187+0.921
5Y1.0510.238+0.813
10Y0.8740.293+0.581
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Add New Energy Investment Holdings Group Ltd generates.

  • Above 15 is considered overpriced but always compare Add New Energy Investment Holdings Group Ltd to the Other Industrial Metals & Mining industry mean.
  • A PE ratio of 3.42 means the investor is paying $3.42 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Add New Energy Investment Holdings Group Ltd:

  • The EOD is 4.394. Based on the earnings, the company is cheap. +2
  • The MRQ is 3.425. Based on the earnings, the company is cheap. +2
  • The TTM is 3.425. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD4.394MRQ3.425+0.969
MRQ3.425TTM3.4250.000
TTM3.425YOY7.623-4.199
TTM3.4255Y27.479-24.054
5Y27.47910Y7.991+19.489
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD4.394-3.577+7.971
MRQ3.425-4.669+8.094
TTM3.425-5.105+8.530
YOY7.623-7.093+14.716
5Y27.479-10.583+38.062
10Y7.991-11.586+19.577
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Add New Energy Investment Holdings Group Ltd:

  • The EOD is -4.205. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -3.278. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -3.278. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-4.205MRQ-3.278-0.928
MRQ-3.278TTM-3.2780.000
TTM-3.278YOY7.260-10.537
TTM-3.2785Y-135.772+132.494
5Y-135.77210Y-344.424+208.652
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-4.205-4.807+0.602
MRQ-3.278-5.544+2.266
TTM-3.278-5.880+2.602
YOY7.260-7.722+14.982
5Y-135.772-12.193-123.579
10Y-344.424-15.452-328.972
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price of Add New Energy Investment Holdings Group Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • A PB ratio of 0.38 means the investor is paying $0.38 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Add New Energy Investment Holdings Group Ltd:

  • The EOD is 0.484. Based on the equity, the company is cheap. +2
  • The MRQ is 0.377. Based on the equity, the company is cheap. +2
  • The TTM is 0.377. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.484MRQ0.377+0.107
MRQ0.377TTM0.3770.000
TTM0.377YOY1.330-0.953
TTM0.3775Y7.654-7.277
5Y7.65410Y5.055+2.599
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD0.4841.105-0.621
MRQ0.3771.241-0.864
TTM0.3771.390-1.013
YOY1.3301.840-0.510
5Y7.6542.538+5.116
10Y5.0553.102+1.953
4.6.2. Total Gains per Share
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6. Financial Statements




6.1. Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2019-12-312020-12-312021-12-312022-12-312023-12-31
Current Deferred Revenue -42,380-18,800-61,180-115,954-177,134108,199-68,935241,112172,177



6.2. Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in HKD. All numbers in thousands.

Summary
Total Assets869,297
Total Liabilities377,416
Total Stockholder Equity491,881
 As reported
Total Liabilities 377,416
Total Stockholder Equity+ 491,881
Total Assets = 869,297

Assets

Total Assets869,297
Total Current Assets235,782
Long-term Assets633,515
Total Current Assets
Cash And Cash Equivalents 146,133
Net Receivables 30,314
Inventory 9,702
Other Current Assets 49,633
Total Current Assets  (as reported)235,782
Total Current Assets  (calculated)235,782
+/-0
Long-term Assets
Property Plant Equipment 327,375
Intangible Assets 288,217
Long-term Assets Other 13,970
Long-term Assets  (as reported)633,515
Long-term Assets  (calculated)629,562
+/- 3,953

Liabilities & Shareholders' Equity

Total Current Liabilities261,337
Long-term Liabilities116,079
Total Stockholder Equity491,881
Total Current Liabilities
Short-term Debt 30,475
Short Long Term Debt 30,000
Accounts payable 48,885
Other Current Liabilities 9,800
Total Current Liabilities  (as reported)261,337
Total Current Liabilities  (calculated)119,160
+/- 142,177
Long-term Liabilities
Capital Lease Obligations 1,866
Long-term Liabilities  (as reported)116,079
Long-term Liabilities  (calculated)1,866
+/- 114,213
Total Stockholder Equity
Common Stock11,802
Retained Earnings -244,990
Accumulated Other Comprehensive Income -49,148
Other Stockholders Equity 774,217
Total Stockholder Equity (as reported)491,881
Total Stockholder Equity (calculated)491,881
+/-0
Other
Capital Stock11,802
Cash and Short Term Investments 146,133
Common Stock Shares Outstanding 308,767
Current Deferred Revenue172,177
Liabilities and Stockholders Equity 869,297
Net Debt -114,267
Net Invested Capital 521,881
Net Working Capital -25,555
Property Plant and Equipment Gross 629,573
Short Long Term Debt Total 31,866



6.3. Balance Sheets Structured

Currency in HKD. All numbers in thousands.

 Trend2023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-31
> Total Assets 
759,104
962,246
1,095,354
1,061,639
1,161,845
1,064,102
1,067,221
883,497
772,486
500,477
509,408
662,509
705,971
746,045
869,297
869,297746,045705,971662,509509,408500,477772,486883,4971,067,2211,064,1021,161,8451,061,6391,095,354962,246759,104
   > Total Current Assets 
0
0
866,005
816,150
640,506
531,480
585,876
499,131
493,011
213,743
229,972
389,535
442,582
314,872
235,782
235,782314,872442,582389,535229,972213,743493,011499,131585,876531,480640,506816,150866,00500
       Cash And Cash Equivalents 
122,539
39,903
202,586
82,920
64,089
142,024
98,090
120,354
123,627
33,431
89,796
124,398
191,286
124,665
146,133
146,133124,665191,286124,39889,79633,431123,627120,35498,090142,02464,08982,920202,58639,903122,539
       Short-term Investments 
33,150
34,600
29,219
798
68,476
1,550
100,000
100,000
160,000
30,000
0
0
0
0
0
0000030,000160,000100,000100,0001,55068,47679829,21934,60033,150
       Net Receivables 
463,694
699,546
526,948
536,142
396,635
232,878
240,108
84,419
68,151
41,674
25,719
37,991
26,120
40,356
30,314
30,31440,35626,12037,99125,71941,67468,15184,419240,108232,878396,635536,142526,948699,546463,694
       Other Current Assets 
9,347
14,874
629,339
716,958
144,178
77,793
107,882
162,083
108,111
28,951
49,208
148,281
132,533
100,393
49,633
49,633100,393132,533148,28149,20828,951108,111162,083107,88277,793144,178716,958629,33914,8749,347
   > Long-term Assets 
0
0
229,349
245,489
521,339
523,708
414,649
361,952
270,692
275,833
268,440
272,974
216,938
325,462
633,515
633,515325,462216,938272,974268,440275,833270,692361,952414,649523,708521,339245,489229,34900
       Property Plant Equipment 
77,244
120,532
221,742
241,075
372,452
391,926
352,930
302,137
256,862
265,714
264,213
264,729
212,681
312,066
327,375
327,375312,066212,681264,729264,213265,714256,862302,137352,930391,926372,452241,075221,742120,53277,244
       Long Term Investments 
0
0
0
0
1,442
416
432
1,665
13,830
10,119
0
0
0
0
0
0000010,11913,8301,6654324161,4420000
       Intangible Assets 
24,718
27,974
29,219
27,585
142,218
131,366
61,287
58,150
0
0
0
30,466
35,466
76,815
288,217
288,21776,81535,46630,46600058,15061,287131,366142,21827,58529,21927,97424,718
       Long-term Assets Other 
0
0
561
-25,144
5,227
-8,914
-8,432
-15,044
-270,692
-275,833
-268,440
10,996
-216,938
-325,462
13,970
13,970-325,462-216,93810,996-268,440-275,833-270,692-15,044-8,432-8,9145,227-25,14456100
> Total Liabilities 
395,372
640,001
657,461
469,063
410,416
343,914
441,493
352,340
388,513
189,989
241,638
334,890
418,761
392,061
377,416
377,416392,061418,761334,890241,638189,989388,513352,340441,493343,914410,416469,063657,461640,001395,372
   > Total Current Liabilities 
233,162
425,011
484,294
358,877
410,416
247,007
312,541
196,002
263,623
58,838
98,338
188,281
397,431
377,955
261,337
261,337377,955397,431188,28198,33858,838263,623196,002312,541247,007410,416358,877484,294425,011233,162
       Short-term Debt 
0
0
357,620
249,900
210,000
171,280
170,000
100,000
100,000
30,000
42,380
60,000
177,134
68,935
30,475
30,47568,935177,13460,00042,38030,000100,000100,000170,000171,280210,000249,900357,62000
       Short Long Term Debt 
0
0
0
0
210,000
222,044
270,827
100,000
100,000
0
40,000
60,000
176,315
68,002
30,000
30,00068,002176,31560,00040,0000100,000100,000270,827222,044210,0000000
       Accounts payable 
27,816
55,514
63,280
61,116
88,535
40,991
97,654
39,447
117,353
12,377
10,526
19,186
27,431
34,412
48,885
48,88534,41227,43119,18610,52612,377117,35339,44797,65440,99188,53561,11663,28055,51427,816
       Other Current Liabilities 
27,194
142,485
63,394
47,861
111,881
206,016
214,887
156,555
146,270
46,461
87,812
47,430
370,000
343,543
9,800
9,800343,543370,00047,43087,81246,461146,270156,555214,887206,016111,88147,86163,394142,48527,194
   > Long-term Liabilities 
0
0
173,167
110,186
0
50,764
100,827
111,412
107,210
115,995
122,514
146,609
4,330
14,106
116,079
116,07914,1064,330146,609122,514115,995107,210111,412100,82750,7640110,186173,16700
       Long term Debt Total 
0
0
0
0
0
0
100,827
111,412
107,210
115,995
127,596
130,240
4,330
1,840
0
01,8404,330130,240127,596115,995107,210111,412100,827000000
> Total Stockholder Equity
349,933
310,935
429,403
588,008
695,912
716,791
624,302
525,910
383,973
310,488
267,770
327,619
287,210
353,984
491,881
491,881353,984287,210327,619267,770310,488383,973525,910624,302716,791695,912588,008429,403310,935349,933
   Common Stock
9
9
9
5,834
5,834
6,314
7,136
7,464
7,413
7,937
8,742
8,638
8,571
8,571
11,802
11,8028,5718,5718,6388,7427,9377,4137,4647,1366,3145,8345,834999
   Retained Earnings 
202,882
210,136
161,590
184,186
420,404
341,743
80,329
-36,911
-176,544
-272,340
-344,507
-350,927
-287,508
-229,873
-244,990
-244,990-229,873-287,508-350,927-344,507-272,340-176,544-36,91180,329341,743420,404184,186161,590210,136202,882
   Capital Surplus 
0
0
0
0
0
467,382
620,930
636,929
0
0
0
695,493
687,845
687,845
0
0687,845687,845695,493000636,929620,930467,38200000
   Treasury Stock000000000000000
   Other Stockholders Equity 
0
0
308,953
471,292
377,029
368,734
536,837
555,357
553,104
574,891
603,535
-25,585
566,147
575,286
774,217
774,217575,286566,147-25,585603,535574,891553,104555,357536,837368,734377,029471,292308,95300



6.4. Balance Sheets

Currency in HKD. All numbers in thousands.




6.5. Cash Flows

Currency in CNY. All numbers in thousands.




6.6. Income Statements

Currency in CNY. All numbers in thousands.


6.7. Latest Income Statement

Income Statement (annual), 2023-12-31. Currency in HKD. All numbers in thousands.

Gross Profit (+$)
totalRevenue1,263,727
Cost of Revenue-1,122,263
Gross Profit141,464141,464
 
Operating Income (+$)
Gross Profit141,464
Operating Expense-78,167
Operating Income63,07863,297
 
Operating Expense (+$)
Research Development-
Selling General Administrative75,141
Selling And Marketing Expenses3,162
Operating Expense78,16778,303
 
Net Interest Income (+$)
Interest Income1,876
Interest Expense-3,374
Other Finance Cost-0
Net Interest Income-1,498
 
Pretax Income (+$)
Operating Income63,078
Net Interest Income-1,498
Other Non-Operating Income Expenses-
Income Before Tax (EBT)59,68566,471
EBIT - interestExpense = 59,913
59,685
53,899
Interest Expense3,374
Earnings Before Interest and Taxes (EBIT)63,28763,059
Earnings Before Interest and Taxes (EBITDA)86,229
 
After tax Income (+$)
Income Before Tax59,685
Tax Provision-9,160
Net Income From Continuing Ops50,52550,525
Net Income50,525
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses1,200,430
Total Other Income/Expenses Net-3,3931,498
 

Technical Analysis of Add New Energy Investment Holdings Group Ltd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Add New Energy Investment Holdings Group Ltd. The general trend of Add New Energy Investment Holdings Group Ltd is BEARISH with 28.6% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Add New Energy Investment Holdings Group Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-28.6%) Bearish trend (28.6%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Add New Energy Investment Holdings Group Ltd.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 0.8 < 0.8 < 0.81.

The bearish price targets are: 0.66 > 0.66 > 0.65.

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Add New Energy Investment Holdings Group Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Add New Energy Investment Holdings Group Ltd. The current mas is .

The long score for the Moving Averages is 5/14.
The longshort score for the Moving Averages is -4/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Add New Energy Investment Holdings Group Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Add New Energy Investment Holdings Group Ltd. The current macd is -0.00686505.

The long score for the Moving Average Convergence/Divergence (MACD) is 2/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 0/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Add New Energy Investment Holdings Group Ltd price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Add New Energy Investment Holdings Group Ltd. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Add New Energy Investment Holdings Group Ltd price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Add New Energy Investment Holdings Group Ltd Daily Moving Average Convergence/Divergence (MACD) ChartAdd New Energy Investment Holdings Group Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Add New Energy Investment Holdings Group Ltd. The current adx is 66.78.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -3/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Add New Energy Investment Holdings Group Ltd shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bearish trend. The ADX is declining, the bearish trend is weakening. Could be a potential reversal to the upside. -2
Add New Energy Investment Holdings Group Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Add New Energy Investment Holdings Group Ltd. The current sar is 0.5591979.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Add New Energy Investment Holdings Group Ltd Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Add New Energy Investment Holdings Group Ltd. The current rsi is 45.48. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -3/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
Add New Energy Investment Holdings Group Ltd Daily Relative Strength Index (RSI) ChartAdd New Energy Investment Holdings Group Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Add New Energy Investment Holdings Group Ltd. The current phase is Correction in bear market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Add New Energy Investment Holdings Group Ltd price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Add New Energy Investment Holdings Group Ltd Daily Stochastic Oscillator ChartAdd New Energy Investment Holdings Group Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Add New Energy Investment Holdings Group Ltd. The current cci is -8.81410256.

Add New Energy Investment Holdings Group Ltd Daily Commodity Channel Index (CCI) ChartAdd New Energy Investment Holdings Group Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Add New Energy Investment Holdings Group Ltd. The current cmo is -9.51009124.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Add New Energy Investment Holdings Group Ltd Daily Chande Momentum Oscillator (CMO) ChartAdd New Energy Investment Holdings Group Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Add New Energy Investment Holdings Group Ltd. The current willr is -42.85714286.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Add New Energy Investment Holdings Group Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Add New Energy Investment Holdings Group Ltd Daily Williams %R ChartAdd New Energy Investment Holdings Group Ltd Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Add New Energy Investment Holdings Group Ltd.

Add New Energy Investment Holdings Group Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Add New Energy Investment Holdings Group Ltd. The current atr is 0.04358882.

Add New Energy Investment Holdings Group Ltd Daily Average True Range (ATR) ChartAdd New Energy Investment Holdings Group Ltd Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Add New Energy Investment Holdings Group Ltd. The current obv is 9,598,942.

Add New Energy Investment Holdings Group Ltd Daily On-Balance Volume (OBV) ChartAdd New Energy Investment Holdings Group Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Add New Energy Investment Holdings Group Ltd. The current mfi is 26.84.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Add New Energy Investment Holdings Group Ltd Daily Money Flow Index (MFI) ChartAdd New Energy Investment Holdings Group Ltd Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Add New Energy Investment Holdings Group Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2024-07-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-17CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-07-18STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-07-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-24CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-07-25CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-07-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-30STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-07-31STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-08-01CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-08-02STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-08-07CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-08-09STOCH SHORT EXITThe %K line crosses above the %D line.
2024-08-13STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-08-14RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-08-15CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-08-16MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-08-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-08-26CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-08-27STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-08-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-08-29MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-08-30STOCH SHORT EXITThe %K line crosses above the %D line.
2024-09-03STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-09-09MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-09-10STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-09-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-09-12STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-09-13CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-09-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-20CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-09-23MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-09-24MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-09-25STOCH SHORT EXITThe %K line crosses above the %D line.
2024-09-27STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-09-30CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-10-02STOCH SHORT EXITThe %K line crosses above the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-10-03STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-10-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-10-07RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-10-10STOCH LONG EXITThe %K line crosses below the %D line.
2024-10-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-10-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-10-17SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-10-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-10-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-10-22CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-10-24CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-10-25STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-10-29CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-10-30MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-10-31MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-11-04SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-11-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-11-07CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-11-08MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-11-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-11-14WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-11-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-11-26MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-11-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-11-28STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-11-29STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-12-02STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).

6.3. Candlestick Patterns

Add New Energy Investment Holdings Group Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Add New Energy Investment Holdings Group Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5045.479
Ma 20Greater thanMa 500.692
Ma 50Greater thanMa 1000.709
Ma 100Greater thanMa 2000.750
OpenGreater thanClose0.680
Total1/5 (20.0%)
Penke
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