CNEY: Cn Energy Group Inc Financial Statements

Balance sheet, income statement, and cash flow statements for Cn Energy Group Inc (CNEY).

OverviewDividends

$2.67M Market Cap.

As of 02/18/2025 5:00 PM ET (MRY) • Disclaimer

CNEY Market Cap. (MRY)


CNEY Shares Outstanding (MRY)


CNEY Assets (MRY)


Total Assets

$98.36M

Total Liabilities

$1.45M

Total Investments

$0

CNEY Income (MRY)


Revenue

$50.96M

Net Income

-$14.04M

Operating Expense

$12.31M

CNEY Cash Flow (MRY)


CF Operations

-$2.37M

CF Investing

$1.57M

CF Financing

$925.83K

CNEY Balance Sheet (MRY)


Metric

2024

2023

2022

2021

Total Assets

$98,362,506 (-22.06%)

$126,195,222 (32.92%)

$94,941,872 (37.67%)

$68,963,140 (119.33%)

Assets Current

$61,498,560 (-15.12%)

$72,449,365 (-2.38%)

$74,216,765 (51.81%)

$48,887,801 (232.55%)

Assets Non-Current

$36,863,946 (-31.41%)

$53,745,857 (159.33%)

$20,725,107 (3.24%)

$20,075,339 (19.91%)

Goodwill & Intangible Assets

$6,205,309 (-6.78%)

$6,656,726 (1172.58%)

$523,090 (-18.65%)

$643,014 (-11.73%)

Shareholders Equity

$96,912,417 (-6.42%)

$103,562,234 (62.37%)

$63,782,326 (1.76%)

$62,678,952 (171.13%)

Property Plant & Equipment Net

$2,135,734 (-84.78%)

$14,030,206 (-5.54%)

$14,853,025 (3.27%)

$14,382,717 (-0.37%)

Cash & Equivalents

$317,323 (62.31%)

$195,502 (-98.92%)

$18,046,872 (9360.61%)

$190,758 (-87.85%)

Accumulated Other Comprehensive Income

-$3,944,110 (55.03%)

-$8,771,028 (-34.27%)

-$6,532,472 (-5429.85%)

$122,564 (112.68%)

Deferred Revenue

$0 (0%)

$1,349,153 (343.96%)

$303,894 (-49.41%)

$600,740 (-11.15%)

Total Investments

$0 (0%)

$1,096,628 (-2.50%)

$1,124,763 (-74.05%)

$4,334,555 (268.57%)

Investments Current

$0 (0%)

$0 (0%)

$0 (0%)

$3,096,000 (0%)

Investments Non-Current

$0 (0%)

$1,096,628 (-2.50%)

$1,124,763 (-9.19%)

$1,238,555 (5.31%)

Inventory

$3,329,344 (25.39%)

$2,655,233 (238.57%)

$784,251 (-29.77%)

$1,116,613 (-60.26%)

Trade & Non-Trade Receivables

$56,988,203 (-16.26%)

$68,057,700 (83.23%)

$37,143,319 (-16.21%)

$44,329,409 (330.86%)

Trade & Non-Trade Payables

$535,221 (-95.79%)

$12,717,957 (69.86%)

$7,487,319 (133.74%)

$3,203,257 (-36.15%)

Accumulated Retained Earnings (Deficit)

-$16,741,427 (-421.23%)

-$3,211,885 (-232.98%)

$2,415,349 (512.17%)

$394,556 (52.04%)

Tax Assets

$0 (0%)

$0 (0%)

$0 (0%)

$29,209 (86.35%)

Tax Liabilities

$108 (-99.91%)

$117,343 (-81.74%)

$642,758 (88.68%)

$340,662 (39.52%)

Total Debt

$0 (0%)

$7,287,995 (73.47%)

$4,201,378 (163.59%)

$1,593,897 (-8.83%)

Debt Current

$0 (0%)

$7,253,729 (92.71%)

$3,764,161 (144.50%)

$1,539,513 (-8.51%)

Debt Non-Current

$0 (0%)

$34,266 (-92.16%)

$437,217 (703.94%)

$54,384 (-17.08%)

Total Liabilities

$1,450,089 (-93.59%)

$22,632,988 (-27.36%)

$31,159,546 (395.84%)

$6,284,188 (-24.51%)

Liabilities Current

$1,450,089 (-93.56%)

$22,524,707 (-26.06%)

$30,461,534 (439.80%)

$5,643,116 (-26.75%)

Liabilities Non-Current

$0 (0%)

$108,281 (-84.49%)

$698,012 (8.88%)

$641,072 (3.18%)

CNEY Income Statement (MRY)


Metric

2024

2023

2022

2021

Revenues

$50,957,974 (-11.99%)

$57,899,096 (44.01%)

$40,205,586 (102.58%)

$19,846,921 (59.08%)

Cost of Revenue

$51,139,085 (-10.46%)

$57,110,446 (56.19%)

$36,563,945 (112.21%)

$17,230,306 (88.99%)

Selling General & Administrative Expense

$3,195,488 (-44.74%)

$5,783,155 (169.05%)

$2,149,434 (30.45%)

$1,647,710 (54.25%)

Research & Development Expense

$135,146 (-86.33%)

$988,559 (-4.24%)

$1,032,378 (167.78%)

$385,525 (34.19%)

Operating Expenses

$12,307,494 (76.65%)

$6,967,069 (118.97%)

$3,181,812 (56.49%)

$2,033,235 (50.00%)

Interest Expense

$335,957 (-52.85%)

$712,490 (353.18%)

$157,221 (0%)

$0 (0%)

Income Tax Expense

-$8,925 (95.98%)

-$222,122 (-170.68%)

$314,273 (-28.14%)

$437,349 (157.08%)

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Consolidated Income

-$14,040,769 (-149.58%)

-$5,625,740 (-352.31%)

$2,229,708 (72.00%)

$1,296,360 (-44.71%)

Net Income to Non-Controlling Interests

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income

-$14,040,769 (-149.58%)

-$5,625,740 (-352.31%)

$2,229,708 (72.00%)

$1,296,360 (-44.71%)

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$0 (0%)

$975,000 (0%)

Net Income Common Stock

-$14,040,769 (-149.58%)

-$5,625,740 (-352.31%)

$2,229,708 (593.83%)

$321,360 (-86.29%)

Weighted Average Shares

$3,398,964 (88.52%)

$1,802,948 (-91.68%)

$21,659,797 (42.52%)

$15,197,508 (51.98%)

Weighted Average Shares Diluted

$6,862,027 (202.68%)

$2,267,082 (-89.53%)

$21,659,797 (42.52%)

$15,197,508 (51.98%)

Earning Before Interest & Taxes (EBIT)

-$13,713,737 (-167.04%)

-$5,135,372 (-290.11%)

$2,701,202 (55.80%)

$1,733,709 (-31.81%)

Gross Profit

-$181,111 (-122.96%)

$788,650 (-78.34%)

$3,641,641 (39.17%)

$2,616,615 (-22.11%)

Operating Income

-$12,488,605 (-102.13%)

-$6,178,419 (-1443.63%)

$459,829 (-21.18%)

$583,380 (-70.88%)

CNEY Cash Flow Statement (MRY)


Metric

2024

2023

2022

2021

Net Cash Flow from Investing

$1,569,078 (208.01%)

-$1,452,654 (-166.91%)

$2,171,081 (107.78%)

-$27,921,675 (-3088.02%)

Net Cash Flow from Financing

$925,831 (-93.11%)

$13,432,547 (-46.14%)

$24,939,210 (-34.41%)

$38,023,254 (1349.17%)

Net Cash Flow from Operations

-$2,371,172 (92.14%)

-$30,164,971 (-301.42%)

-$7,514,619 (35.18%)

-$11,593,069 (-537.36%)

Net Cash Flow / Change in Cash & Cash Equivalents

$121,821 (100.68%)

-$17,851,370 (-199.97%)

$17,856,114 (1394.60%)

-$1,379,277 (-14319.35%)

Net Cash Flow - Business Acquisitions and Disposals

$1,569,508 (255937.19%)

$613 (100.00%)

-$17,746,979 (0%)

$0 (0%)

Net Cash Flow - Investment Acquisitions and Disposals

-$430 (0%)

$0 (0%)

$3,042,843 (199.05%)

-$3,072,000 (-258.68%)

Capital Expenditure

$0 (0%)

-$683,392 (82.54%)

-$3,915,094 (4.74%)

-$4,109,835 (-27871.38%)

Issuance (Repayment) of Debt Securities

$780,541 (-82.60%)

$4,487,114 (218.12%)

$1,410,508 (291.04%)

$360,704 (-57.60%)

Issuance (Purchase) of Equity Shares

$145,290 (-98.38%)

$8,945,433 (-61.98%)

$23,528,702 (-42.61%)

$41,000,000 (0%)

Payment of Dividends & Other Cash Distributions

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Effect of Exchange Rate Changes on Cash

-$1,916 (-100.57%)

$333,708 (119.18%)

-$1,739,558 (-1650.23%)

$112,213 (39.15%)

Share Based Compensation

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Depreciation Amortization & Accretion

$2,401,418 (-5.92%)

$2,552,503 (73.42%)

$1,471,841 (33.45%)

$1,102,896 (19.21%)

CNEY Financial Metrics (MRY)


Metric

2024

2023

2022

2021

Gross Margin

-0.40% (-128.57%)

1.40% (-84.62%)

9.10% (-31.06%)

13.20% (-50.93%)

Profit Margin

-27.60% (-184.54%)

-9.70% (-276.36%)

5.50% (243.75%)

1.60% (-91.49%)

EBITDA Margin

-22.20% (-393.33%)

-4.50% (-143.27%)

10.40% (-27.27%)

14.30% (-48.56%)

Return on Average Equity (ROAE)

-14.00% (-108.96%)

-6.70% (-291.43%)

3.50% (400.00%)

0.70% (-93.86%)

Return on Average Assets (ROAA)

-12.50% (-145.10%)

-5.10% (-288.89%)

2.70% (350.00%)

0.60% (-92.86%)

Return on Sales (ROS)

-26.90% (-202.25%)

-8.90% (-232.84%)

6.70% (-22.99%)

8.70% (-57.35%)

Return on Invested Capital (ROIC)

-14.10% (-110.45%)

-6.70% (-242.55%)

4.70% (17.50%)

4.00% (-68.75%)

Dividend Yield

0% (0%)

0% (0%)

0% (0%)

0%

Price to Earnings Ratio (P/E)

-0.2 (82.33%)

-1.15 (-105.45%)

21.1 (-93.04%)

303

Price to Sales Ratio (P/S)

0.06 (-50.00%)

0.11 (-90.15%)

1.14 (-75.50%)

4.64

Price to Book Ratio (P/B)

0.03 (-59.42%)

0.07 (-89.73%)

0.67 (-57.22%)

1.57

Debt to Equity Ratio (D/E)

0.01 (-93.15%)

0.22 (-55.21%)

0.49 (389.00%)

0.1 (-72.22%)

Earnings Per Share (EPS)

-4.13 (-32.37%)

-3.12 (-3220.00%)

0.1 (400.00%)

0.02 (-91.30%)

Sales Per Share (SPS)

14.99 (-53.32%)

32.11 (1630.28%)

1.86 (42.11%)

1.31 (4.65%)

Free Cash Flow Per Share (FCFPS)

-0.7 (95.92%)

-17.11 (-3140.53%)

-0.53 (48.89%)

-1.03 (-464.48%)

Book Value Per Share (BVPS)

28.51 (-50.36%)

57.44 (1850.42%)

2.94 (-28.59%)

4.12 (78.37%)

Tangible Assets Book Value Per Share (TABVPS)

27.11 (-59.11%)

66.3 (1421.04%)

4.36 (-3.03%)

4.5 (46.37%)

Enterprise Value Over EBIT (EV/EBIT)

-1 (66.67%)

-3 (-120.00%)

15 (-70.00%)

50

Enterprise Value Over EBITDA (EV/EBITDA)

-0.8 (85.89%)

-5.64 (-158.60%)

9.62 (-68.70%)

30.75

Asset Turnover

0.45 (-13.36%)

0.52 (6.72%)

0.49 (24.30%)

0.4 (-11.83%)

Current Ratio

42.41 (1218.72%)

3.22 (32.02%)

2.44 (-71.88%)

8.66 (354.04%)

Dividends

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Free Cash Flow (FCF)

-$2,371,172 (92.31%)

-$30,848,363 (-169.90%)

-$11,429,713 (27.21%)

-$15,702,904 (-756.40%)

Enterprise Value (EV)

$9,002,684 (-38.20%)

$14,568,082 (-63.72%)

$40,159,776 (-53.96%)

$87,229,396

Earnings Before Tax (EBT)

-$14,049,694 (-140.25%)

-$5,847,862 (-329.87%)

$2,543,981 (46.74%)

$1,733,709 (-31.06%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

-$11,312,319 (-337.97%)

-$2,582,869 (-161.89%)

$4,173,043 (47.11%)

$2,836,605 (-18.20%)

Invested Capital

$90,389,785 (-13.18%)

$104,106,282 (107.75%)

$50,111,754 (-21.80%)

$64,080,149 (176.34%)

Working Capital

$60,048,471 (20.28%)

$49,924,658 (14.10%)

$43,755,231 (1.18%)

$43,244,685 (518.02%)

Tangible Asset Value

$92,157,197 (-22.91%)

$119,538,496 (26.60%)

$94,418,782 (38.20%)

$68,320,126 (122.44%)

Market Capitalization

$2,669,740 (-62.44%)

$7,108,677 (-83.42%)

$42,873,672 (-56.46%)

$98,475,000

Average Equity

$100,237,326 (19.80%)

$83,672,280 (32.33%)

$63,230,639 (47.40%)

$42,898,497 (108.68%)

Average Assets

$112,278,864 (1.55%)

$110,568,547 (34.92%)

$81,952,506 (63.24%)

$50,203,052 (80.38%)

Invested Capital Average

$97,288,752 (26.17%)

$77,109,018 (35.05%)

$57,095,952 (30.85%)

$43,634,674 (120.35%)

Shares

3,177,884 (60.26%)

1,982,895 (-90.24%)

20,319,276 (25.04%)

16,250,000 (5.22%)