AFC Energy plc Stock
€0.22
Your prediction
AFC Energy plc Stock
Pros and Cons of AFC Energy plc in the next few years
Pros
Cons
Performance of AFC Energy plc vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| AFC Energy plc | 2.070% | - | - | - | - | - | - |
| Ceres Power Holdings | -5.570% | 1.114% | -5.220% | -59.007% | -22.338% | -88.692% | -16.633% |
| Broadwind Energy | 1.170% | -7.234% | 3.810% | -51.339% | -18.045% | -50.000% | 53.521% |
| ReneSola Ltd ADR | -0.610% | -20.098% | -2.102% | -58.524% | -35.060% | -78.831% | 9.396% |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.Upon initial glance, the financial statements for renewable energy company AFC Energy appear to have both positive and negative aspects. The fast-growing industry with a constant focus on sustainability promises significant potential for future growth. However, it is essential to dive deeper into the financials of the company to assess its strengths and weaknesses and gain a larger perspective on its future potential.
1. Growing Total Assets: The company's total assets have been consistently growing over the past few years, with an upsurge from 34,821,736 EUR in 2020 to 63,142,250 EUR in 2021, and then 50,679,000 GBP in 2022. This substantial increase in total assets could indicate that the company is making significant investments in its business, which could lead to future growth.
2. Strong Cash Position: AFC Energy has maintained a substantial cash position throughout the years, which can be vital for weathering any market downturns or unforeseen difficulties. From a cash balance of 31,301,467 EUR in 2020 to 55,375,366 EUR in 2021, the company stands in a strong position for future investments and flexibility.
