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CNEY (CN Energy Group) Net Cash per Share : $-4.87 (As of Mar. 2024)


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What is CN Energy Group Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). CN Energy Group's Net Cash per Share for the quarter that ended in Mar. 2024 was $-4.87.

The historical rank and industry rank for CN Energy Group's Net Cash per Share or its related term are showing as below:

During the past 6 years, the highest Price-to-Net-Cash Ratio of CN Energy Group was 7.78. The lowest was 7.78. And the median was 7.78.

CNEY's Price-to-Net-Cash is not ranked *
in the Chemicals industry.
Industry Median: 9.11
* Ranked among companies with meaningful Price-to-Net-Cash only.

CN Energy Group Net Cash per Share Historical Data

The historical data trend for CN Energy Group's Net Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CN Energy Group Net Cash per Share Chart

CN Energy Group Annual Data
Trend Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Net Cash per Share
Get a 7-Day Free Trial -9.03 -13.12 -3.85 -17.04 -9.40

CN Energy Group Semi-Annual Data
Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.95 -17.04 -14.03 -9.40 -4.87

Competitive Comparison of CN Energy Group's Net Cash per Share

For the Specialty Chemicals subindustry, CN Energy Group's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CN Energy Group's Price-to-Net-Cash Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, CN Energy Group's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where CN Energy Group's Price-to-Net-Cash falls into.



CN Energy Group Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

CN Energy Group's Net Cash per Share for the fiscal year that ended in Sep. 2023 is calculated as

Net Cash per Share (A: Sep. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.196-22.633-0)/2.38652
=-9.40

CN Energy Group's Net Cash per Share for the quarter that ended in Mar. 2024 is calculated as

Net Cash per Share (Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.126-15.601-0)/3.17788
=-4.87

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


CN Energy Group  (NAS:CNEY) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


CN Energy Group Net Cash per Share Related Terms

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CN Energy Group Business Description

Traded in Other Exchanges
N/A
Address
No. 268 Shiniu Road, Building 2-B, Room 206, Liandu District, Zhejiang Province, Lishui, CHN
CN Energy Group Inc along with its subsidiaries is a manufacturer and supplier of wood-based activated carbon that is used in pharmaceutical manufacturing, industrial manufacturing, water purification, environmental protection, and food and beverage production and a producer of biomass electricity generated in the process of producing activated carbon. The firm generates a majority of its revenue from Activated carbon.