company-logo

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 July 2016. Add New Energy Investment Holdings Group Limited was incorporated in 2011 and is headquartered in Yishui, the People's Republic of China.

Add New Energy Investment Dividend Announcement

Add New Energy Investment announced a annually dividend of HK$0.00 per ordinary share which will be made payable on 2013-06-14. Ex dividend date: 2013-05-22
Add New Energy Investment's trailing twelve-month (TTM) dividend yield is -%

Add New Energy Investment Dividend History

Ex-Div dateDividend amountDividend typePay date
2013-05-22HK$0.00annually2013-06-14

Add New Energy Investment Dividend per year

Add New Energy Investment Dividend Yield

Add New Energy Investment current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Add New Energy Investment stock? Use our calculator to estimate your expected dividend yield:

Add New Energy Investment Financial Ratios

P/E ratio214.23
PEG ratio67.86
P/B ratio0.46
ROE0.21%
Payout ratio0.00%
Current ratio1.15
Quick ratio1.10
Cash Ratio0.22

Add New Energy Investment Dividend FAQ

Does Add New Energy Investment stock pay dividends?
Add New Energy Investment does not currently pay dividends to its shareholders.
Has Add New Energy Investment ever paid a dividend?
No, Add New Energy Investment has no a history of paying dividends to its shareholders. Add New Energy Investment is not known for its dividend payments.
Why doesn't Add New Energy Investment pay dividends?
There are several potential reasons why Add New Energy Investment would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Add New Energy Investment ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Add New Energy Investment has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Add New Energy Investment a dividend aristocrat?
Add New Energy Investment is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Add New Energy Investment a dividend king?
Add New Energy Investment is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Add New Energy Investment a dividend stock?
No, Add New Energy Investment is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Add New Energy Investment stocks?
To buy Add New Energy Investment you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Add New Energy Investment stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.