कंपनी का अवलोकन
CN Energy Group. Inc. (CNEY) operates as a manufacturer and supplier of wood-based activated carbon products within the Chinese and United States markets. The company functions within the Basic Materials sector, specifically targeting the Specialty Chemicals industry, which involves the production of refined chemical substances used in diverse applications. This enterprise employs a workforce of 25 individuals to support its operational activities across its subsidiaries. With a market capitalization of $3.38M and annual revenue of $35.57M, the company represents a small-cap entity with a relatively modest revenue base. These valuation and revenue figures indicate that the company operates on a niche scale, serving specific industrial needs rather than commanding a dominant market share in the broader activated carbon sector.
वित्तीय स्वास्थ्य
The company reported a revenue of $35.57M for the trailing twelve months, yet it recorded a net income of $-11,142,007 and an EBITDA of $-9,737,076. The significant gap between the $35.57M revenue and the negative net income reveals a highly fragile cost structure where expenses substantially exceed gross inflows. The free cash flow stands at $-9,813,640, indicating that the company is currently consuming cash reserves rather than generating liquidity for operations or expansion. Profitability metrics are severely constrained, with a gross margin of only 1.8%, an operating margin of -89.9%, and a profit margin of -31.3%. The low gross margin suggests that the cost of goods sold consumes nearly all revenue before operating expenses are even considered. On the liquidity front, the company holds $390,706 in cash against $3.43M in debt, resulting in a debt-to-equity ratio of 3.37. This leverage position indicates a heavily indebted balance sheet relative to shareholder equity. Furthermore, the current ratio of 13.90 suggests an abundant level of current assets relative to current liabilities, which typically signals strong short-term liquidity, though this is offset by the overall cash burn. Return on Equity is recorded at -11.2% and Return on Assets at -6.7%, metrics that reveal management has not yet been effective in generating returns on the capital deployed by shareholders or utilized in the asset base.
मूल्यांकन आकलन
The P/E Ratio (TTM) and Forward P/E are listed as N/A due to the company's lack of positive earnings. The absence of a positive trailing P/E implies that traditional earnings-based valuation methods cannot be applied at this time. The price-to-book ratio is 0.02, indicating that the market values the company at a fraction of its book value. This low multiple suggests that the market assigns no premium to the company's assets, reflecting significant concerns regarding its operational viability and future earnings potential. Alternative valuation metrics provide further insight, with a price-to-sales ratio of 0.10 and an EV/EBITDA of -0.55. These negative or low multiples highlight the market's skepticism regarding the company's ability to return to profitability in the near term. Regarding price volatility, the stock has seen a 52-week high of $7.35 and a 52-week low of $0.31. Without a specific current price to calculate the exact percentage deviation, the range demonstrates extreme historical volatility within a wide band of $7.04. The beta value is 1.03, which indicates that the stock's price movements are slightly more volatile than the broader market. This beta suggests that the stock will tend to amplify market movements by approximately 3%, adding a layer of systematic risk for holders.
Growth & Income
Revenue growth (YoY) is -2.4%, while earnings growth (YoY) is N/A due to the lack of positive earnings. The negative revenue growth indicates a contraction in sales, whereas the N/A earnings growth underscores the difficulty in measuring year-over-year profitability changes when losses occur. Since the company is not a dividend payer, the dividend yield is N/A and the payout ratio is 0.0%. Consequently, the company does not distribute income to shareholders and instead retains any earnings, though in this case, it is absorbing significant losses. The lack of a dividend payout means the company is not returning capital to investors through dividends, focusing instead on operational survival despite the current financial headwinds. The overall growth and income profile is characterized by negative revenue expansion, substantial cash outflows, and an absence of dividend distributions, presenting a challenging outlook for income-focused investors.