CN Energy Group (NasdaqCM:CNEY) - Share price, News & Analysis

CNEY fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

CNEY Stock Overview

CN Energy Group. Inc. manufactures and supplies wood-based activated carbon in China.

Rewards

Revenue grew by 59.1% over the past year

Risk Analysis

High level of non-cash earnings

Volatile share price over the past 3 months

Profit margins (1.6%) are lower than last year (18.8%)

Shareholders have been diluted in the past year

+ 1 more risk

CN Energy Group Competitors

Price History & Performance

Summary of all time highs, changes and price drops for CN Energy Group
Historical stock prices
Current Share Price	US$2.18
52 Week High	US$13.50
52 Week Low	US$1.17
Beta	0
1 Month Change	42.48%
3 Month Change	18.48%
1 Year Change	-49.18%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-62.02%

Recent News & Updates

Apr 29

CN Energy Group (NASDAQ:CNEY) Is Reinvesting At Lower Rates Of Return

What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...

Shareholder Returns

	CNEY	US Chemicals	US Market
7D	45.5%	0.4%	-2.7%
1Y	-49.2%	-4.1%	-12.9%

Return vs Industry: CNEY underperformed the US Chemicals industry which returned -3.3% over the past year.

Return vs Market: CNEY underperformed the US Market which returned -12.7% over the past year.

Price Volatility

Is CNEY's price volatile compared to industry and market?
CNEY volatility
CNEY Average Weekly Movement	12.8%
Chemicals Industry Average Movement	7.1%
Market Average Movement	7.9%
10% most volatile stocks in US Market	16.9%
10% least volatile stocks in US Market	3.0%

Stable Share Price: CNEY is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: CNEY's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

Founded	Employees	CEO	Website
2018	160	Kangbin Zheng	https://www.cneny.com

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.

CN Energy Group Fundamentals Summary

How do CN Energy Group's earnings and revenue compare to its market cap?
CNEY fundamental statistics
Market Cap	US$50.32m
Earnings (TTM)	US$321.36k
Revenue (TTM)	US$19.85m

156.6x

P/E Ratio

2.5x

P/S Ratio

Is CNEY overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
CNEY income statement (TTM)
Revenue	US$19.85m
Cost of Revenue	US$17.23m
Gross Profit	US$2.62m
Other Expenses	US$2.30m
Earnings	US$321.36k

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	0.014
Gross Margin	13.18%
Net Profit Margin	1.62%
Debt/Equity Ratio	4.7%

How did CNEY perform over the long term?

See historical performance and comparison

Valuation

Is CN Energy Group undervalued compared to its fair value and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

156.61x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate CNEY's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate CNEY's fair value for valuation analysis.

Price To Earnings Ratio

PE vs Industry: CNEY is poor value based on its PE Ratio (156.6x) compared to the US Chemicals industry average (16.9x).

PE vs Market: CNEY is poor value based on its PE Ratio (156.6x) compared to the US market (15.5x).

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CNEY's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: CNEY is good value based on its PB Ratio (0.8x) compared to the US Chemicals industry average (2.3x).

Future Growth

How is CN Energy Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

7.2%

Forecasted Materials industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as CN Energy Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has CN Energy Group performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

-86.3%

Last years earnings growth

Earnings and Revenue History

Quality Earnings: CNEY has a high level of non-cash earnings.

Growing Profit Margin: CNEY's current net profit margins (1.6%) are lower than last year (18.8%).

Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if CNEY's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: CNEY's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: CNEY had negative earnings growth (-86.3%) over the past year, making it difficult to compare to the Chemicals industry average (31.5%).

Return on Equity

High ROE: CNEY's Return on Equity (2.1%) is considered low.

Financial Health

How is CN Energy Group's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: CNEY's short term assets ($48.9M) exceed its short term liabilities ($5.6M).

Long Term Liabilities: CNEY's short term assets ($48.9M) exceed its long term liabilities ($641.1K).

Debt to Equity History and Analysis

Debt Level: CNEY has more cash than its total debt.

Reducing Debt: Insufficient data to determine if CNEY's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: CNEY's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: CNEY earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

Dividend

What is CN Energy Group current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate CNEY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate CNEY's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.

Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if CNEY's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CNEY's dividend payments have been increasing.

Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as CNEY has not reported any payouts.

Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

2.1yrs

Average board tenure

CEO

Kangbin Zheng (58 yo)

1.92yrs

Tenure

Mr. Kangbin Zheng has been the Chief Executive Officer and Chairman of the Board at CN Energy Group. Inc. since June 2020 and its Director since April 2020. Mr. Zheng was Non-executive Director at China Gr...

Board Members

Experienced Board: CNEY's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.

Ownership

Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 42.1%.

Data	Last Updated (UTC time)
Company Analysis	2022/05/21 00:00
End of Day Share Price	2022/05/20 00:00
Earnings	2021/09/30
Annual Earnings	2021/09/30