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General information

Country: CHINA

Sector: Specialty Chemicals

CN Energy Group. Inc. manufactures and supplies wood-based activated carbon in China. The company`s activated carbon is used in pharmaceutical manufacturing, industrial manufacturing, water purification, environmental protection, and food and beverage production. It also produces biomass electricity for State Grid Heilongjiang, a subsidiary of State Grid Corporation of China in Heilongjiang Province. The company was incorporated in 2018 and is based in Lishui, China.
Website: cneny.com




Profitability: LTM EBITDA margin is positive, +25.0%. Gross margin is normal, +26.6%.

Cash Flow Generation: Dividend yield for the last twelve months 0.0%. Free cash flow yield 0.0% (LTM)

Entry Point: Share price is 1 487.5% higher than minimum and 93.9% lower than maximum for the last 3 years

Key Financials (Download financials)

Ticker: CNEY
Share price, USD:  (+1.9%)0.7874
year average price 0.4382  


year start price 0.2100 2023-04-29

min close price 0.0496 2023-12-27

max close price 1.8300 2024-01-22

current price 0.7874 2024-04-27
Common stocks: 15 500 000

Dividend Yield:  0.0%
EV / LTM EBITDA: 3.1x
EV / EBITDA annualized: 3.1x
Last revenue growth (y/y):  ---
Last growth of EBITDA (y/y):  ---
Historical revenue growth:  0.0%
Historical growth of EBITDA:  0.0%
EV / Sales: 0.8x
Margin (EBITDA LTM / Revenue): 25.0%
Fundamental value created in LTM:
Market Cap ($m): 12
Net Debt ($m): 0
EV (Enterprise Value): 12
Price to Book: 0.1x

Revenue and EBITDA

Quarterly values ($m)

Change (y/y)

Cash Flow

FCF ($m)

Net Debt / Cash and Equivalents ($m)

Share price and dividends (Download history)

Share price

Payment USD per share

Multiple and potential

EV / Sales

Potential dynamics

News


2024-04-15MarketBeat

5 Small-Cap Energy Stocks Surged in Price and Volume on Friday

2024-02-21InvestorPlace

Why Is CN Energy (CNEY) Stock Up 46% Today?

2023-12-21Benzinga

Top 3 Materials Stocks That Could Lead To Your Biggest Gains In December - CN Energy Group (NASDAQ:CNEY), ReTo Eco-Solutions (NASDAQ:RETO)
More information for subscribed users:
detailed calculation of
Fundamental value created in LTM

Financial reporting

Income Statement

Property 2023 q3 2023 q2 2023 q1 2020 q3
date 2023-09-30 2023-06-30 2023-03-31 2020-09-30
symbol CNEY CNEY CNEY CNEY
reportedCurrency USD USD USD USD
cik 2M 2M 2M 2M
fillingDate 2024-02-15 2023-06-30 2023-08-28 2020-09-30
acceptedDate 2024-02-15 17:10:40 2023-06-29 20:00:00 2023-08-28 16:05:44 2020-09-29 20:00:00
calendarYear 2023.000 2023.000 2023.000 2020.000
period Q4 Q3 Q2 Q4
revenue 35M 18M 23M 4M
costOfRevenue 35M 18M 22M 3M
grossProfit -10 190 -102 773 798 840 1M
grossProfitRatio -0.000 -0.006 0.035 0.266
researchAndDevelopmentExpenses 399 469 199 735 589 090 30 754
generalAndAdministrativeExpenses 2M 2M 1M 248 560
sellingAndMarketingExpenses 4463.000 4463.000 22 041 3M
sellingGeneralAndAdministrativeExpenses 3M 605 679 5M 3M
otherExpenses -195 359 0 0 0
operatingExpenses 4M 518 846 5M 3M
costAndExpenses 39M 18M 27M 6M
interestIncome 207.000 218 794 282.000 0
interestExpense 437 794 0 274 696 -10 334
depreciationAndAmortization 1M 680 169 1M 253 328
ebitda -2M -228 017 -3M 1M
ebitdaratio -0.066 -0.013 -0.133 0.288
operatingIncome -4M -908 186 -4M 854 827
operatingIncomeRatio -0.109 -0.052 -0.192 0.200
totalOtherIncomeExpensesNet 2M 67 774 195 012 129 446
incomeBeforeTax -2M -840 412 -4M 984 273
incomeBeforeTaxRatio -0.048 -0.048 -0.184 0.231
incomeTaxExpense -226 263 113 132 4141.000 73 302
netIncome -1M -727 281 -4M 910 971
netIncomeRatio -0.041 -0.041 -0.184 0.214
eps -0.610 -0.380 -2.800 0.045
epsdiluted -0.610 -0.340 -2.800 0.045
weightedAverageShsOut 2M 2M 1M 20M
weightedAverageShsOutDil 2M 2M 1M 20M
link Link Link
finalLink Link Link

Balance Sheet Statement

Property 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3 2022 q1
date 2023-09-30 2023-06-30 2023-03-31 2023-02-01 2022-09-30 2022-03-31
symbol CNEY CNEY CNEY CNEY CNEY CNEY
reportedCurrency USD USD USD USD USD USD
cik 2M 2M 2M 2M 2M 2M
fillingDate 2024-02-15 2023-06-30 2023-08-28 2023-08-28 2023-01-27 2022-03-31
acceptedDate 2024-02-15 17:10:40 2023-06-29 20:00:00 2023-08-28 16:05:44 2023-08-28 16:05:44 2023-01-27 17:11:07 2022-03-30 20:00:00
calendarYear 2023.000 2023.000 2023.000 2023.000 2022.000 2022.000
period Q4 Q3 Q2 Q1 Q4 Q2
cashAndCashEquivalents 195 502 195 502 676 349 0 18M 5M
shortTermInvestments 0 0 0 0 0 0
cashAndShortTermInvestments 195 502 195 502 676 349 0 18M 5M
netReceivables 29M 29M 21M 0 19M 33M
inventory 42M 42M 3M 0 784 251 855 384
otherCurrentAssets 2M 2M 2M 0 495 344 9M
totalCurrentAssets 72M 72M 79M 0 74M 47M
propertyPlantEquipmentNet 46M 42M 20M 0 20M 23M
goodwill 0 0 0 0 0 0
intangibleAssets 7M 7M 7M 0 804 246 908 014
goodwillAndIntangibleAssets 7M 7M 7M 0 804 246 908 014
longTermInvestments 0 0 0 0 0 0
taxAssets 0 0 0 0 0 29 490
otherNonCurrentAssets 822 505 5M 31M 0 0 0
totalNonCurrentAssets 54M 54M 58M 0 21M 24M
otherAssets 0 0 0 0 0 0
totalAssets 126M 126M 137M 0 95M 71M
accountPayables 13M 13M 18M 0 7M 2M
shortTermDebt 7M 7M 4M 0 4M 2M
taxPayables 83 190 0 470 995 0 589 315 447 479
deferredRevenue 1M 0 99 999 0 96 542 113 385
otherCurrentLiabilities 1M 3M 2M 0 19M 471 628
totalCurrentLiabilities 23M 22M 24M 0 30M 6M
longTermDebt 34 266 34 266 4M 0 437 217 35 970
deferredRevenueNonCurrent 121 299 0 164 777 0 207 352 441 912
deferredTaxLiabilitiesNonCurrent 34 153 0 55 356 0 53 443 70 280
otherNonCurrentLiabilities -121 299 155 452 0 0 0 0
totalNonCurrentLiabilities 68 419 189 718 4M 0 698 012 548 162
otherLiabilities 0 0 0 0 0 0
capitalLeaseObligations 31 602 31 601 51 096 0 48 383 113 469
totalLiabilities 23M 23M 29M 0 31M 6M
preferredStock 0 0 0 0 0 0
commonStock 106M 106M 104M 0 59M 53M
retainedEarnings -3M -3M -2M 0 2M 1M
accumulatedOtherComprehensiveIncomeLoss -8M -9M -2M 0 -6M 2M
othertotalStockholdersEquity 9M 9M 9M 0 9M 9M
totalStockholdersEquity 104M 104M 109M 0 64M 65M
totalEquity 104M 104M 109M 0 64M 65M
totalLiabilitiesAndStockholdersEquity 126M 126M 137M 0 95M 71M
minorityInterest 0 0 0 0 0 0
totalLiabilitiesAndTotalEquity 126M 126M 137M 0 95M 71M
totalInvestments 0 0 0 0 0 0
totalDebt 7M 7M 8M 0 4M 2M
netDebt 7M 7M 7M 0 -14M -3M
link Link Link Link Link
finalLink Link Link Link Link

Cash Flow Statement

Property 2023 q3 2023 q2 2023 q1 2020 q3
date 2023-09-30 2023-06-30 2023-03-31 2020-09-30
symbol CNEY CNEY CNEY CNEY
reportedCurrency USD USD USD USD
cik 2M 2M 2M 2M
fillingDate 2024-02-15 2023-06-30 2023-08-28 2020-09-30
acceptedDate 2024-02-15 17:10:40 2023-06-29 20:00:00 2023-08-28 16:05:44 2020-09-29 20:00:00
calendarYear 2023.000 2023.000 2023.000 2020.000
period Q4 Q3 Q2 Q4
netIncome -1M -727 281 -4M 910 971
depreciationAndAmortization 1M 709 329 1M 253 328
deferredIncomeTax -961 506 0 0 0
stockBasedCompensation 550 000 550 000 0 0
changeInWorkingCapital 728 954 3M -29M 263 047
accountsReceivables -8M -4M -3M -2M
inventory 12M 6M -36M 0
accountsPayables -5M 0 11M 0
otherWorkingCapital 2M 1M 3617.000 2M
otherNonCashItems 4M -4M 2M -1M
netCashProvidedByOperatingActivities -878 849 -439 425 -29M 0
investmentsInPropertyPlantAndEquipment -673 530 -336 765 -9862.000 -7140.000
acquisitionsNet -7.000 -3.000 620.000 0
purchasesOfInvestments 0 0 0 0
salesMaturitiesOfInvestments 0 0 0 0
otherInvestingActivites 229 990 114 995 -999 865 -421 098
netCashUsedForInvestingActivites -443 547 -221 773 -1M -428 238
debtRepayment -2M 0 -12M -578 243
commonStockIssued 0 0 0 0
commonStockRepurchased 0 0 0 0
dividendsPaid 0 0 0 0
otherFinancingActivites 863 845 863 845 6M 2M
netCashUsedProvidedByFinancingActivities 2M 863 845 12M 1M
effectOfForexChangesOnCash -443 070 -443 070 609 924 0
netChangeInCash -480 847 -240 423 -17M 1M
cashAtEndOfPeriod 195 502 -240 423 676 349 1M
cashAtBeginningOfPeriod 676 349 0 18M 0
operatingCashFlow -878 849 -439 425 -29M 0
capitalExpenditure -673 530 -336 765 -9862.000 -7140.000
freeCashFlow -2M -776 190 -29M -7140.000
link Link Link
finalLink Link Link

Earning call transcript

Press-releases

Show financial reports only

2024-04-04 13:00 ET
CN Energy Group. Inc. to Present at The Aegis Capital Corp 2024 Virtual Conference
2024-04-02 19:52 ET
Steven Berman, CN Energy Group, is Featured in an Interview with SmallCapsDaily
2024-04-02 11:30 ET
Steven Berman, CN Energy Group, is Featured in an Interview with SmallCapsDaily
2024-03-15 13:30 ET
CN Energy Group Receives Re-order from Water Purification Customer for its Activated Carbon
2024-02-26 13:30 ET
CN Energy Group Provides Preliminary Unaudited Financial Information for the First Three Months of Fiscal Year 2024 and Announces an Operations Update
2024-02-16 14:00 ET
CN Energy Group. Inc. Appoints Steven Berman as the Chief Executive Officer
2024-02-16 04:05 ET
CNEY Released Its Audited Financial Results for Fiscal Year 2023
2024-02-12 21:05 ET
CNEY Will Host a Conference Call on February 16, 2024
2024-02-02 21:05 ET
CNEY Regains Compliance with Nasdaq Minimum Bid Price Requirement
2024-01-05 22:00 ET
CN Energy Group. Inc. Announces Nasdaq Delisting Notification and Intends to Appeal
2023-09-07 12:30 ET
CN Energy Group Secures Activated Carbon Order for $1.64 Million
2023-08-28 13:00 ET
CN Energy Group. Inc. Files Financial Results for the First Six Months of Fiscal Year 2023
2023-07-24 12:30 ET
CNEY Receives NASDAQ Minimum Bid Price Requirement Extension
2023-05-17 12:30 ET
CNEY Awarded License Renewal to Process and Sell Wood Products; Expects to Enhance Operating Efficiencies
2023-03-20 12:30 ET
CNEY Wins a Large Activated Carbon Order
2023-02-01 16:25 ET
Aegis Capital Corp. Acted as Sole Bookrunner on a $10 Million Underwritten Public Offering for CN Energy Group Inc. (NASDAQ:CNEY)
2023-02-01 14:59 ET
CN Energy Group. Inc. Announces Closing of $10 Million Underwritten Public Offering
2023-01-30 14:24 ET
CNEY Announces Pricing of $10 Million Underwritten Public Offering
2023-01-27 22:37 ET
CNEY Announces Proposed Underwritten Public Offering of Securities
2023-01-27 22:15 ET
CNEY Reports Its Audited Financial Results for Fiscal Year 2022
2023-01-27 13:30 ET
CNEY Entered the Drinkable Water Market with a Large Order
2023-01-23 13:30 ET
CN Energy Establishes its U.S. Headquarters to Expand Its Biochar and Wood-based Activated Carbon Businesses in Global Markets
2023-01-17 13:30 ET
CNEY Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency
2022-11-25 12:00 ET
CN Energy Group. Inc. has Upgraded its 6G Gasification Reactors
2022-11-14 12:00 ET
CN Energy Group. Inc. Has Obtained the Permit to Directly Sell to Drinkable Water Markets
2022-02-10 13:00 ET
CN Energy Named High-Technology Enterprise
2022-01-31 13:00 ET
CN Energy's Subsidiary Completes New Manufacturing Facility
2022-01-24 13:00 ET
CN Energy and Xujin Environmental Protection Enter Strategic Cooperation
2022-01-18 13:00 ET
CN Energy Signs Operation & Management Agreement; Enters Multi-Billion Dollar Pharmaceutical Excipients Market
2021-02-17 21:30 ET
CN Energy Group. Inc. Announces Full Exercise of Underwriters' Over-Allotment Option
2021-02-09 21:05 ET
CN Energy Group. Inc. Announces Closing of Initial Public Offering
2021-02-05 01:00 ET
CN Energy Group. Inc. Announces Pricing of Initial Public Offering

SEC forms

Show financial reports only

SEC form 6
2024-02-16 09:05 ET
CN Energy Group. Inc. published news for 2023 q4
SEC form 6
2024-02-16 09:05 ET
CN Energy Group. Inc. published news for 2023 q4
SEC form 6
2024-02-02 16:29 ET
CN Energy Group. Inc. published news for 2023 q4
SEC form 6
2024-02-02 16:29 ET
CN Energy Group. Inc. published news for 2023 q4
SEC form 6
2024-01-17 08:00 ET
CN Energy Group. Inc. published news for 2023 q4
SEC form 6
2023-12-04 16:05 ET
CN Energy Group. Inc. published news for 2023 q3
SEC form 6
2023-08-28 00:00 ET
CN Energy Group. Inc. published news for 2023 q2
SEC form 6
2023-07-21 16:05 ET
CN Energy Group. Inc. published news for 2023 q2
SEC form 6
2023-03-10 16:04 ET
CN Energy Group. Inc. published news for 2022 q4
SEC form 6
2023-03-03 16:04 ET
CN Energy Group. Inc. published news for 2022 q4
SEC form 6
2023-02-16 16:05 ET
CN Energy Group. Inc. published news for 2022 q4
SEC form 6
2023-02-01 16:05 ET
CN Energy Group. Inc. published news for 2022 q4
SEC form 6
2023-01-27 17:20 ET
CN Energy Group. Inc. published news for 2022 q4
SEC form 6
2023-01-27 17:11 ET
CN Energy Group. Inc. published news for 2022 q4
SEC form 6
2023-01-03 16:05 ET
CN Energy Group. Inc. published news for 2022 q4
SEC form 6
2022-11-18 08:30 ET
CN Energy Group. Inc. published news for 2022 q3
SEC form 6
2022-10-06 16:05 ET
CN Energy Group. Inc. published news for 2022 q3
SEC form 6
2022-10-03 16:16 ET
CN Energy Group. Inc. published news for 2022 q3
SEC form 6
2022-09-26 16:06 ET
CN Energy Group. Inc. published news for 2022 q2
SEC form 6
2022-08-31 00:00 ET
CN Energy Group. Inc. published news for 2022 q2
SEC form 6
2022-07-25 08:01 ET
CN Energy Group. Inc. published news for 2022 q2
SEC form 6
2022-07-01 16:05 ET
CN Energy Group. Inc. published news for 2022 q2
SEC form 6
2022-06-06 16:05 ET
CN Energy Group. Inc. published news for 2022 q1
SEC form 6
2022-04-11 16:05 ET
CN Energy Group. Inc. published news for 2022 q1
SEC form 6
2022-04-04 16:05 ET
CN Energy Group. Inc. published news for 2022 q1
SEC form 6
2022-03-17 16:06 ET
CN Energy Group. Inc. published news for 2021 q4
SEC form 6
2022-02-15 17:27 ET
CN Energy Group. Inc. published news for 2021 q4
SEC form 6
2022-01-28 16:05 ET
CN Energy Group. Inc. published news for 2021 q4
SEC form 6
2021-08-27 17:01 ET
CN Energy Group. Inc. published news for 2021 q2
SEC form 6
2021-06-11 16:05 ET
CN Energy Group. Inc. published news for 2021 q1
SEC form 6
2021-05-14 16:09 ET
CN Energy Group. Inc. published news for 2021 q1
SEC form 6
2021-02-17 16:36 ET
CN Energy Group. Inc. published news for 2020 q4
SEC form 6
2021-02-09 16:10 ET
CN Energy Group. Inc. published news for 2020 q4