CNX
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Price to Earnings | -61.12 | 1.86 | -22.45 | -5.95 |
| Price to Sales | 3.86 | 2.16 | 0.81 | 1.24 |
| Book Value Per Common Share | 27.53 | 28.25 | 17.27 | 18.18 |
| Price to Book | 1.33 | 0.71 | 0.98 | 0.76 |
| Price to Operating Cash Flow | 6.80 | 3.99 | 2.58 | 3.21 |
| Price to Free Cash Flow | 20.14 | 24.04 | 4.77 | 6.45 |
| Enterprise Value to EBITDA | 105809.92 | 11029.02 | 76327.06 | 940419.52 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Price to Earnings | 22.15 | 11.15 | -23.49 | -37.80 | 74.02 |
| Price to Sales | 9.89 | 8.92 | 7.62 | 13.02 | 14.61 |
| Book Value Per Common Share | 30.29 | 28.84 | 25.92 | 27.53 | 28.52 |
| Price to Book | 1.06 | 1.17 | 1.21 | 1.33 | 1.14 |
| Price to Operating Cash Flow | 19.13 | 17.10 | 21.57 | 20.32 | 28.78 |
| Price to Free Cash Flow | 28.27 | 28.60 | 55.26 | 33.45 | 88.36 |
| Enterprise Value to EBITDA | 95309.84 | 61099.46 | 201129.37 |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Earning YoY | ||||
| Revenue YoY | -4.46 | -61.62 | 64.26 | |
| EBITDA YoY | -81.57 | 642.73 | 1166.61 | |
| Net Profit YoY |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Earning YoY | -51.99 | ||||
| Revenue YoY | -16.47 | -11.35 | 45.53 | 25.15 | |
| EBITDA YoY | -41.46 | ||||
| Net Profit YoY | -53.27 |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Cash Per Common Share | 0.11 | 0.00 | 0.11 | 0.02 |
| Quick Ratio | 0.19 | 0.16 | 0.29 | 0.36 |
| Current Ratio | 0.33 | 0.51 | 0.44 | 0.48 |
| Debt to Equity | 1.08 | 0.98 | 1.89 | 1.19 |
| Long-Term Debt to Equity | 0.80 | 0.79 | 1.44 | 0.93 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Cash Per Common Share | 0.03 | 0.02 | 0.02 | 0.12 | 0.01 |
| Quick Ratio | 0.19 | 0.18 | 0.19 | 0.19 | 0.17 |
| Current Ratio | 0.34 | 0.33 | 0.27 | 0.33 | 0.37 |
| Debt to Equity | 1.16 | 1.20 | 1.40 | 1.08 | 1.01 |
| Long-Term Debt to Equity | 0.90 | 0.90 | 0.98 | 0.80 | 0.80 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| ROA | -1.06 | 19.95 | -1.67 | -6.16 |
| ROE | -2.21 | 39.46 | -4.82 | -13.48 |
| Gross Margin | 28.89 | 35.16 | 71.26 | 56.78 |
| Operating Margin | 2.10 | 157.09 | -2.15 | -20.31 |
| EBITDA Margin | 35.85 | 185.87 | 9.60 | 1.25 |
| Net Profit Margin | -6.29 | 114.23 | -3.62 | -20.87 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| ROA | 2.27 | 4.81 | -2.19 | -1.70 | 0.77 |
| ROE | 4.91 | 10.57 | -5.24 | -3.53 | 1.54 |
| Gross Margin | 35.93 | 45.52 | 56.59 | 38.96 | 20.36 |
| Operating Margin | 68.26 | 116.33 | -37.86 | -37.52 | 35.94 |
| EBITDA Margin | 101.29 | 144.52 | -17.05 | -6.93 | 72.10 |
| Net Profit Margin | 44.70 | 79.90 | -32.38 | -34.47 | 19.55 |
Dividends
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Dividend Yield | ||||
| Dividend Payout Ratio |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Dividend Yield | |||||
| Dividend Payout Ratio |
Financial Statements
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Assets | 8,511,903.00 | 8,626,657.00 | 8,515,773.00 | 8,100,751.00 |
| Current Assets | 370,635.00 | 421,788.00 | 573,804.00 | 459,807.00 |
| Cash and Short-Term Investments | 17,198.00 | 443.00 | 21,321.00 | 3,565.00 |
| Cash and Cash Equivalents | 17,198.00 | 443.00 | 21,321.00 | 3,565.00 |
| Short-Term Investments | 0 | 0 | 0 | 0 |
| Net Receivables | 197,406.00 | 133,991.00 | 354,642.00 | 339,118.00 |
| Inventory | 14,572.00 | 19,846.00 | 27,156.00 | 6,147.00 |
| Other Current Assets | 141,459.00 | 267,508.00 | 170,685.00 | 110,977.00 |
| Non-Current Assets | 8,141,268.00 | 8,204,869.00 | 7,941,969.00 | 7,640,944.00 |
| Property, Plant, Equipment Net | 7,482,824.00 | 7,482,099.00 | 7,271,358.00 | 7,045,505.00 |
| Goodwill | 323,314.00 | 323,314.00 | 323,314.00 | 323,314.00 |
| Intangible Assets | 63,885.00 | 70,438.00 | 76,990.00 | 83,543.00 |
| Long-Term Investments | 0 | 0 | 0 | 0 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 0 | 0 | 0 |
| Liabilities | 4,413,873.00 | 4,265,640.00 | 5,565,312.00 | 4,400,478.00 |
| Current Liabilities | 1,122,578.00 | 822,998.00 | 1,312,804.00 | 954,576.00 |
| Payables and Expenses | 326,422.00 | 344,000.00 | 429,170.00 | 361,912.00 |
| Account Payables | 123,249.00 | 147,361.00 | 191,343.00 | 121,751.00 |
| Current Accrued Liabilities | 193,814.00 | 186,294.00 | 218,494.00 | 226,723.00 |
| Short-Term Debt | 383,476.00 | 381,321.00 | 48,317.00 | 23,495.00 |
| Other Current Liabilities | 412,680.00 | 97,677.00 | 835,317.00 | 569,169.00 |
| Non-Current Liabilities | 3,291,295.00 | 3,442,642.00 | 4,252,508.00 | 3,445,902.00 |
| Long-Term Debt | 1,908,793.00 | 1,983,737.00 | 2,339,810.00 | 2,249,011.00 |
| Other Non-Current Liabilities | 1,382,502.00 | 1,458,905.00 | 1,912,698.00 | 1,196,891.00 |
| Equity | 4,098,030.00 | 4,361,017.00 | 2,950,461.00 | 3,700,273.00 |
| Shareholders Equity | 4,098,030.00 | 4,361,017.00 | 2,950,461.00 | 3,700,273.00 |
| Capital Stock | 1,490.00 | 1,548.00 | 1,712.00 | 2,039.00 |
| Share Premium | 2,348,959.00 | 2,384,910.00 | 2,506,269.00 | 2,834,863.00 |
| Retained Earnings | 1,753,293.00 | 1,981,860.00 | 448,993.00 | 877,894.00 |
| Treasury Shares | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | -5,712.00 | -7,301.00 | -6,513.00 | -14,523.00 |
| Minority Interest | 0 | 0 | 0 | 0 |
| Debt | 2,292,269.00 | 2,365,058.00 | 2,388,127.00 | 2,272,506.00 |
| Net Debt | 2,148,802.00 | 2,213,931.00 | 2,184,414.00 | 2,210,556.00 |
| Common Shares Outstanding | 148,879.64 | 154,382.88 | 170,841.16 | 203,531.32 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Revenues | 1,439,191.00 | 1,506,296.00 | 3,924,986.00 | 2,389,525.00 |
| Cost Of Revenue | 1,023,422.00 | 976,723.00 | 1,127,881.00 | 1,032,836.00 |
| Interest Expense | 150,594.00 | 143,278.00 | 127,689.00 | 151,156.00 |
| Non-Interest Expense | 145,736.00 | 125,344.00 | 121,697.00 | 112,757.00 |
| Gross Profit | 415,769.00 | 529,573.00 | 2,797,105.00 | 1,356,689.00 |
| Operating Expenses | 236,930.00 | 215,386.00 | 193,760.00 | 202,038.00 |
| Selling, General and Administrative Expenses | 145,736.00 | 125,344.00 | 121,697.00 | 112,757.00 |
| Other Operating Expenses | 91,194.00 | 90,042.00 | 72,063.00 | 89,281.00 |
| Operating Income | 178,839.00 | 314,187.00 | 2,603,345.00 | 1,154,651.00 |
| Net Non-Operating Income | 6,126.00 | -9,008.00 | -9,859.00 | -15,748.00 |
| EBT | -120,362.00 | 2,222,925.00 | -211,947.00 | -636,513.00 |
| Income Tax | -29,868.00 | 502,209.00 | -69,870.00 | -137,870.00 |
| Net Income Including Non-Controlling Interests | -90,494.00 | 1,720,716.00 | -142,077.00 | -498,643.00 |
| Net Income | -90,494.00 | 1,720,716.00 | -142,077.00 | -498,643.00 |
| EBIT | 30,232.00 | 2,366,203.00 | -84,258.00 | -485,357.00 |
| Deprecation and Amortization | 485,754.00 | 433,586.00 | 461,215.00 | 515,118.00 |
| EBITDA | 515,986.00 | 2,799,789.00 | 376,957.00 | 29,761.00 |
| EPS | -0.00 | 0.01 | -0.00 | -0.00 |
| Diluted EPS | -0.00 | 0.01 | -0.00 | -0.00 |
| Average Shares Outstanding Basic | 151,306.44 | 162,490.24 | 189,507.68 | 215,971.38 |
| Average Shares Outstanding Diluted | 151,306.44 | 192,013.99 | 189,507.68 | 215,971.38 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Cash Flow | 815,779.00 | 814,588.00 | 1,235,014.00 | 926,357.00 |
| Operating Net Income | -90,494.00 | 1,720,716.00 | -142,077.00 | -498,643.00 |
| Deprecation and Amortization | 485,754.00 | 433,586.00 | 461,215.00 | 515,118.00 |
| Deferred Income Tax | -33,869.00 | 497,432.00 | -76,058.00 | -137,887.00 |
| Share Based Compensation | 20,091.00 | 20,235.00 | 16,375.00 | 16,560.00 |
| Change in Working Capital | -42,164.00 | 113,349.00 | 29,234.00 | -71,322.00 |
| Other Operating Activities | 476,461.00 | -1,970,730.00 | 946,325.00 | 1,102,531.00 |
| Investing Cash Flow | -484,469.00 | -509,377.00 | -528,294.00 | -420,610.00 |
| Capital Expenditure | -540,332.00 | -679,404.00 | -565,754.00 | -465,861.00 |
| Net Purchase/Sale of PPE | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Investments Net | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Business | -4,871.00 | 0 | 0 | 0 |
| Other Investing Activities | 60,734.00 | 170,027.00 | 37,460.00 | 0 |
| Financing Cash Flow | -276,680.00 | -326,089.00 | -688,964.00 | -523,781.00 |
| Net Issuance/Repayment of Debt | -61,613.00 | 1,873.00 | -115,934.00 | -264,596.00 |
| Net Issuance/Repurchase of Equity | -181,514.00 | -318,106.00 | -563,928.00 | -240,156.00 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Other Financing Activities | -33,553.00 | -9,856.00 | -9,102.00 | -19,029.00 |
| Net Change in Cash | 54,630.00 | -20,878.00 | 17,756.00 | -18,034.00 |
| Cash at Beginning of Period | 443.00 | 21,321.00 | 3,565.00 | 21,599.00 |
| Cash at End of Period | 55,073.00 | 443.00 | 21,321.00 | 3,565.00 |
| Free Cash Flow | 275,447.00 | 135,184.00 | 669,260.00 | 460,496.00 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Assets | 8,904,118.00 | 8,987,867.00 | 9,046,709.00 | 8,511,903.00 | 8,538,049.00 |
| Current Assets | 360,895.00 | 394,225.00 | 425,430.00 | 370,635.00 | 332,939.00 |
| Cash and Short-Term Investments | 4,735.00 | 3,391.00 | 2,615.00 | 17,198.00 | 1,310.00 |
| Cash and Cash Equivalents | 4,735.00 | 3,391.00 | 2,615.00 | 17,198.00 | 1,310.00 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 197,860.00 | 217,318.00 | 298,325.00 | 197,406.00 | 152,385.00 |
| Inventory | 30,822.00 | 39,318.00 | 27,591.00 | 14,572.00 | 12,965.00 |
| Other Current Assets | 127,478.00 | 134,198.00 | 96,899.00 | 141,459.00 | 166,279.00 |
| Non-Current Assets | 8,543,223.00 | 8,593,642.00 | 8,621,279.00 | 8,141,268.00 | 8,205,110.00 |
| Property, Plant, Equipment Net | 7,952,652.00 | 7,950,150.00 | 7,981,993.00 | 7,482,824.00 | 7,477,059.00 |
| Goodwill | 323,314.00 | 323,314.00 | 323,314.00 | 323,314.00 | 323,314.00 |
| Intangible Assets | 58,971.00 | 60,609.00 | 62,247.00 | 63,885.00 | 65,524.00 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 208,286.00 | 259,569.00 | 253,725.00 | 271,245.00 | 339,213.00 |
| Liabilities | 4,788,545.00 | 4,895,154.00 | 5,275,935.00 | 4,413,873.00 | 4,281,334.00 |
| Current Liabilities | 1,065,289.00 | 1,197,683.00 | 1,582,893.00 | 1,122,578.00 | 892,737.00 |
| Payables and Expenses | 310,490.00 | 383,276.00 | 393,599.00 | 326,422.00 | 292,333.00 |
| Account Payables | 110,649.00 | 120,019.00 | 144,376.00 | 123,249.00 | 120,125.00 |
| Current Accrued Liabilities | 193,948.00 | 245,655.00 | 229,490.00 | 193,814.00 | 158,833.00 |
| Short-Term Debt | 405,466.00 | 380,994.00 | 382,717.00 | 383,476.00 | 378,845.00 |
| Other Current Liabilities | 349,333.00 | 433,413.00 | 806,577.00 | 412,680.00 | 221,559.00 |
| Non-Current Liabilities | 3,723,256.00 | 3,697,471.00 | 3,693,042.00 | 3,291,295.00 | 3,388,597.00 |
| Long-Term Debt | 2,395,885.00 | 2,352,508.00 | 2,411,488.00 | 1,908,793.00 | 2,025,418.00 |
| Other Non-Current Liabilities | 1,327,371.00 | 1,344,963.00 | 1,281,554.00 | 1,382,502.00 | 1,363,179.00 |
| Equity | 4,115,573.00 | 4,092,713.00 | 3,770,774.00 | 4,098,030.00 | 4,256,715.00 |
| Shareholders Equity | 4,115,573.00 | 4,092,713.00 | 3,770,774.00 | 4,098,030.00 | 4,256,715.00 |
| Capital Stock | 1,360.00 | 1,420.00 | 1,456.00 | 1,490.00 | 1,494.00 |
| Share Premium | 2,254,021.00 | 2,298,970.00 | 2,324,116.00 | 2,348,959.00 | 2,348,061.00 |
| Retained Earnings | 1,865,695.00 | 1,797,896.00 | 1,450,844.00 | 1,753,293.00 | 1,914,218.00 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | -5,503.00 | -5,573.00 | -5,642.00 | -5,712.00 | -7,058.00 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Debt | 2,801,351.00 | 2,733,502.00 | 2,794,205.00 | 2,292,269.00 | 2,404,263.00 |
| Net Debt | 2,594,710.00 | 2,612,301.00 | 2,679,035.00 | 2,148,802.00 | 2,283,581.00 |
| Common Shares Outstanding | 135,887.34 | 141,906.10 | 145,460.93 | 148,879.64 | 149,256.31 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Revenues | 452,145.00 | 541,301.00 | 610,608.00 | 419,570.00 | 335,249.00 |
| Cost Of Revenue | 289,683.00 | 294,874.00 | 265,036.00 | 256,115.00 | 266,994.00 |
| Interest Expense | 42,964.00 | 44,041.00 | 41,612.00 | 36,597.00 | 37,923.00 |
| Non-Interest Expense | 31,000.00 | 33,000.00 | 42,000.00 | 37,542.00 | 34,498.00 |
| Gross Profit | 162,462.00 | 246,427.00 | 345,572.00 | 163,455.00 | 68,255.00 |
| Operating Expenses | 50,656.00 | 55,770.00 | 55,082.00 | 61,954.00 | 51,895.00 |
| Selling, General and Administrative Expenses | 31,000.00 | 33,000.00 | 42,000.00 | 37,542.00 | 34,498.00 |
| Other Operating Expenses | 19,656.00 | 22,770.00 | 13,082.00 | 24,412.00 | 17,397.00 |
| Operating Income | 111,806.00 | 190,657.00 | 290,490.00 | 101,501.00 | 16,360.00 |
| Net Non-Operating Income | 1,000.00 | 1,000.00 | 0 | 4,462.00 | -410.00 |
| EBT | 265,692.00 | 585,641.00 | -272,799.00 | -193,999.00 | 82,561.00 |
| Income Tax | 63,589.00 | 153,120.00 | -75,084.00 | -49,375.00 | 17,021.00 |
| Net Income Including Non-Controlling Interests | 202,103.00 | 432,521.00 | -197,715.00 | -144,624.00 | 65,540.00 |
| Net Income | 202,103.00 | 432,521.00 | -197,715.00 | -144,624.00 | 65,540.00 |
| EBIT | 308,656.00 | 629,682.00 | -231,187.00 | -157,402.00 | 120,484.00 |
| Deprecation and Amortization | 149,322.00 | 152,595.00 | 127,062.00 | 128,336.00 | 121,227.00 |
| EBITDA | 457,978.00 | 782,277.00 | -104,125.00 | -29,066.00 | 241,711.00 |
| EPS | 0.00 | 0.00 | -0.00 | -0.00 | 0.00 |
| Diluted EPS | 0.00 | 0.00 | -0.00 | -0.00 | 0.00 |
| Average Shares Outstanding Basic | 139,251.48 | 143,429.95 | 147,778.14 | 148,946.95 | 150,342.18 |
| Average Shares Outstanding Diluted | 167,585.20 | 171,746.60 | 147,778.14 | 148,946.95 | 179,113.46 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Operating Cash Flow | 233,761.00 | 282,491.00 | 215,656.00 | 268,797.00 | 170,152.00 |
| Operating Net Income | 202,104.00 | 432,521.00 | -197,715.00 | -144,624.00 | 65,540.00 |
| Deprecation and Amortization | 149,322.00 | 152,595.00 | 127,062.00 | 128,336.00 | 121,227.00 |
| Deferred Income Tax | 74,837.00 | 156,939.00 | -91,636.00 | -50,060.00 | 17,408.00 |
| Share Based Compensation | 5,165.00 | 5,084.00 | 8,816.00 | 4,346.00 | 4,192.00 |
| Change in Working Capital | -12,980.00 | 56,189.00 | -64,988.00 | 4,875.00 | -29,743.00 |
| Other Operating Activities | -184,687.00 | -520,837.00 | 434,117.00 | 325,924.00 | -8,472.00 |
| Investing Cash Flow | -7,750.00 | -94,922.00 | -633,597.00 | -70,222.00 | -110,048.00 |
| Capital Expenditure | -75,544.00 | -113,565.00 | -131,465.00 | -105,495.00 | -114,737.00 |
| Net Purchase/Sale of PPE | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Investments Net | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Business | 0 | -2,140.00 | -518,762.00 | -1,309.00 | -3,452.00 |
| Other Investing Activities | 67,794.00 | 20,783.00 | 16,630.00 | 36,582.00 | 8,141.00 |
| Financing Cash Flow | -224,569.00 | -184,565.00 | 375,755.00 | -144,812.00 | -62,717.00 |
| Net Issuance/Repayment of Debt | -41,882.00 | -68,247.00 | 513,790.00 | -121,087.00 | 611.00 |
| Net Issuance/Repurchase of Equity | -196,158.00 | -115,604.00 | -124,318.00 | -5,344.00 | -81,006.00 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 13,471.00 | -714.00 | -13,717.00 | -18,381.00 | 17,678.00 |
| Net Change in Cash | 1,442.00 | 3,004.00 | -42,186.00 | 53,763.00 | -2,613.00 |
| Cash at Beginning of Period | 15,891.00 | 12,887.00 | 55,073.00 | 1,310.00 | 3,923.00 |
| Cash at End of Period | 17,333.00 | 15,891.00 | 12,887.00 | 55,073.00 | 1,310.00 |
| Free Cash Flow | 158,217.00 | 168,926.00 | 84,191.00 | 163,302.00 | 55,415.00 |