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Add New Energy Investment Holdings Group (HKSE:02623) Debt-to-Revenue : 0.10 (As of Jun. 2024)


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What is Add New Energy Investment Holdings Group Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Add New Energy Investment Holdings Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$33.5 Mil. Add New Energy Investment Holdings Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$0.3 Mil. Add New Energy Investment Holdings Group's annualized Revenue for the quarter that ended in Jun. 2024 was HK$338.7 Mil. Add New Energy Investment Holdings Group's annualized Debt-to-Revenue for the quarter that ended in Jun. 2024 was 0.10.


Add New Energy Investment Holdings Group Debt-to-Revenue Historical Data

The historical data trend for Add New Energy Investment Holdings Group's Debt-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Add New Energy Investment Holdings Group Debt-to-Revenue Chart

Add New Energy Investment Holdings Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.20 0.11 0.04 0.03

Add New Energy Investment Holdings Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.11 0.03 0.03 0.05 0.10

Competitive Comparison of Add New Energy Investment Holdings Group's Debt-to-Revenue

For the Other Industrial Metals & Mining subindustry, Add New Energy Investment Holdings Group's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Add New Energy Investment Holdings Group's Debt-to-Revenue Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Add New Energy Investment Holdings Group's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Add New Energy Investment Holdings Group's Debt-to-Revenue falls into.


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Add New Energy Investment Holdings Group Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Add New Energy Investment Holdings Group's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(33.333 + 1.521) / 1382.238
=0.03

Add New Energy Investment Holdings Group's annualized Debt-to-Revenue for the quarter that ended in Jun. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(33.459 + 0.32) / 338.654
=0.10

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is two times the quarterly (Jun. 2024) Revenue data.


Add New Energy Investment Holdings Group Debt-to-Revenue Related Terms

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Add New Energy Investment Holdings Group Business Description

Traded in Other Exchanges
N/A
Address
Qin Jia Zhuang, Yangzhuang Town, Yishui County, Shandong Province, CHN
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.
Executives
Li Yunde 2201 Interest of corporation controlled by you
Zhang Limei 2202 Interest of your spouse
Hongfa Holdings Limited 2101 Beneficial owner

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