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CNEY

CN Energy GroupNasdaqCM:CNEY Stock Report

Market Cap

US$58.9m

7D

-4.9%

1Y

n/a

Updated

01 Dec, 2021

Data

Company Financials
CNEY fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

CNEY Stock Overview

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

Price History & Performance

Summary of all time highs, changes and price drops for CN Energy Group
Historical stock prices
Current Share PriceUS$2.91
52 Week HighUS$13.50
52 Week LowUS$2.81
Beta0
1 Month Change-65.96%
3 Month Change-47.09%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-49.30%

Recent News & Updates

Sep 05
We Think You Should Be Aware Of Some Concerning Factors In CN Energy Group's (NASDAQ:CNEY) Earnings

We Think You Should Be Aware Of Some Concerning Factors In CN Energy Group's (NASDAQ:CNEY) Earnings

CN Energy Group. Inc.'s ( NASDAQ:CNEY ) healthy profit numbers didn't contain any surprises for investors. However the...

Shareholder Returns

CNEYUS ChemicalsUS Market
7D-4.9%-4.8%-2.8%
1Yn/a17.7%20.0%

Return vs Industry: Insufficient data to determine how CNEY performed against the US Chemicals industry.

Return vs Market: Insufficient data to determine how CNEY performed against the US Market.

Price Volatility

Is CNEY's price volatile compared to industry and market?
CNEY volatility
CNEY Average Weekly Movement21.0%
Chemicals Industry Average Movement5.2%
Market Average Movement6.0%
10% most volatile stocks in US Market15.0%
10% least volatile stocks in US Market2.3%

Stable Share Price: CNEY is more volatile than 90% of US stocks over the past 3 months, typically moving +/- 21% a week.

Volatility Over Time: CNEY's weekly volatility has increased from 15% to 21% over the past year.

About the Company

FoundedEmployeesCEOWebsite
2018167Kangbin Zhenghttps://www.cneny.com

CN Energy Group. Inc. manufactures and supplies wood-based activated carbon in China. Its product is primarily used in pharmaceutical and industrial manufacturing, water purification, environmental protection, and food and beverage production markets.

CN Energy Group Fundamentals Summary

How do CN Energy Group's earnings and revenue compare to its market cap?
CNEY fundamental statistics
Market CapUS$58.93m
Earnings (TTM)US$1.58m
Revenue (TTM)US$16.26m

37.4x

P/E Ratio

3.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CNEY income statement (TTM)
RevenueUS$16.26m
Cost of RevenueUS$12.84m
Gross ProfitUS$3.42m
ExpensesUS$1.84m
EarningsUS$1.58m

Last Reported Earnings

Mar 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.078
Gross Margin21.01%
Net Profit Margin9.70%
Debt/Equity Ratio4.4%

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?

37.36x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate CNEY's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate CNEY's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: CNEY is poor value based on its PE Ratio (37.4x) compared to the US Chemicals industry average (21.6x).

PE vs Market: CNEY is poor value based on its PE Ratio (37.4x) compared to the US market (17.1x).


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 (1.3x) compared to the US Chemicals industry average (2.6x).


Future Growth

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

10.8%

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?

4.7%

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 (9.7%) are lower than last year (15%).


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: Insufficient data to compare CNEY's past year earnings growth to its 5-year average.

Earnings vs Industry: CNEY earnings growth over the past year (4.7%) underperformed the Chemicals industry 24.1%.


Return on Equity

High ROE: CNEY's Return on Equity (5.7%) is considered low.


Financial Health

How is CN Energy Group's financial position?


Financial Position Analysis

Short Term Liabilities: CNEY's short term assets ($28.4M) exceed its short term liabilities ($5.0M).

Long Term Liabilities: CNEY's short term assets ($28.4M) exceed its long term liabilities ($739.1K).


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's interest payments on its debt are well covered by EBIT (27x coverage).


Balance Sheet


Dividend

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


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.


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CNEY's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

1.6yrs

Average board tenure


CEO

Kangbin Zheng (58 yo)

1.42yrs

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 ( 1.6 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: CNEY only recently listed within the past 12 months.


Top Shareholders

Company Information

CN Energy Group. Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: CN Energy Group. Inc.
  • Ticker: CNEY
  • Exchange: NasdaqCM
  • Founded: 2018
  • Industry: Commodity Chemicals
  • Sector: Materials
  • Market Cap: US$58.928m
  • Shares outstanding: 20.25m
  • Website: https://www.cneny.com

Number of Employees


Location

  • CN Energy Group. Inc.
  • Building 1-B
  • Room 303
  • Lishui
  • Zhejiang Province
  • 323010
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/12/01 00:14
End of Day Share Price2021/11/30 00:00
Earnings2021/03/31
Annual Earnings2020/09/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.