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CNEY · NASDAQ · Chemicals - Specialty

CN Energy Group

Wood-based activated-carbon manufacturer with North American robotics and Canadian crude-oil logistics operations.

$0.5826
After-hours close−0.01 (−1.64%)
At close$0.5923(−3.11%)
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Profile

CN Energy Group. Inc.CNEYMaterials

Produces and sells wood-based activated carbon in China while adding North American robotics and Canadian crude-oil logistics. The listed security is a BVI holding company, and activated carbon supplied all reported product revenue through the latest fiscal year.

Manufactures and sells wood-based activated carbon in China, in powdered and granular forms for industrial manufacturing, water purification, environmental protection, pharmaceutical manufacturing, and food-and-beverage production. Lishui operating entities execute refining, mixing, crushing, quality control, packaging, and distribution of material sourced as raw carbon and semi-finished activated carbon. Steam activation uses forestry residues, small fuelwood, and wood waste, while carbonization synthesis gas generates biomass electricity.

Post-year-end operations also include Pathenbot's robotics products, automation tools, software, and technical services for North American logistics, industrial, and service businesses, alongside Blessing Logistics' Canadian crude-oil trading, logistics, and related services.

Activated-carbon sales remained the sole reported product revenue through the latest fiscal year. Sales use separate order-level agreements and depend on continued access to raw carbon and semi-finished material; the listed security represents a BVI holding company rather than the Chinese operating entities.

Company facts

CEOWenhua Liu
ListedFeb 5, 2021
ExchangeNASDAQ
HeadquartersLishui, China
CountryChina
Employees25
CIK0001780785
ISINVGG2181K2048

Key statistics

Market cap$1.8M
EPS (ttm)−$1.98
P/E (ttm)−0.2978
ROE-10.9%
P/B0.0325
P/S0.0499
Dividend yield
Beta0.30vs XLB −1.26

Year to date −6.0% · Average volume (30d) 159.9K

Analysts

No analyst consensus on record.

Earnings

Not reported.

Financial highlights

12 quartersQ2 FY23Q4 FY23Q2 FY24Q4 FY24Q2 FY25Q4 FY25
Revenue$22.7M$35.2M$31.3M$19.7M$16.4M$19.2M
Gross profit$798.8K−$205.5K$65.4K−$353.5K$479.2K−$7.7M
Operating income−$4.4M−$1.8M−$2.7M−$9.8M−$1.1M−$9.0M
Net income−$4.2M−$1.5M−$3.0M−$11.1M$6.9M−$18.1M
Diluted EPS−$35.00−$18.94−$41.00−$55.48$9.58−$3.21
Gross margin3.5%-0.6%0.2%-1.8%2.9%-39.9%
Operating margin-19.2%-5.2%-8.7%-49.6%-6.7%-46.9%

Revenue by product · FY25

Activated Carbon$35.6M · 100%

Balance sheet, Sep 30, 2025Cash & short-term investments $390.7K · Total debt $3.4M · Total assets $107.3M · Shareholders' equity $102.0M

Dividends

No dividends on record.

Ownership

Institutions 5.50%Insiders

Shares outstanding 3.01M · Float 3.01M · 100.0% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
Yefang Zhang635.4K100.00%13DNov 25, 2025
Renaissance Technologies LLC74.4K2.47%13FMay 14, 2026
XTX Topco Ltd27.7K0.92%13FMay 15, 2026
Virtu Financial LLC26.8K0.89%13FMay 14, 2026
Citadel Advisors LLC23.9K0.79%13FMay 15, 2026

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

Peers

Not reported.