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Side-by-side financial comparison of CN ENERGY GROUP. INC. (CNEY) and UNITED GUARDIAN INC (UG). Click either name above to swap in a different company.

CN ENERGY GROUP. INC. is the larger business by last-quarter revenue ($5.0M vs $3.0M, roughly 1.7× UNITED GUARDIAN INC).

EVE Energy Co., Ltd. is a Chinese battery manufacturing company founded by Liu Jincheng in 2001 that specializes in the manufacturing of lithium-ion batteries for energy storage systems and electric vehicles. Its headquarters are located in Huizhou, Guangdong, and it was first listed on the Shenzhen Stock Exchange's ChiNext subsidiary in 2009. It is considered to be a Tier-1 battery supplier, and is the third largest energy storage battery cell maker in the world as of 2023. According to a st...

The Guardian Life Insurance Company of America is one of the largest mutual life insurance companies in the world. Based in Manhattan, it has approximately 8,000 employees in the United States, and a network of over 3,000 financial representatives in more than 70 agencies nationwide. As of 2018, it ranks 239th on the Fortune 500 list of largest American corporations by revenue. In 2015, Guardian achieved the highest earnings in its 155-year history with $7.3 billion in capital and $1.5 billio...

CNEY vs UG — Head-to-Head

Bigger by revenue
CNEY
CNEY
1.7× larger
CNEY
$5.0M
$3.0M
UG

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
CNEY
CNEY
UG
UG
Revenue
$5.0M
$3.0M
Net Profit
$-18.0K
Gross Margin
0.1%
45.0%
Operating Margin
-0.4%
24.4%
Net Margin
-0.4%
Revenue YoY
19.6%
Net Profit YoY
EPS (diluted)

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CNEY
CNEY
UG
UG
Q4 25
$3.0M
Q3 25
$2.3M
Q2 25
$2.8M
Q1 25
$5.0M
$2.5M
Q4 24
$2.5M
Q3 24
$3.1M
Q2 24
$3.4M
Q1 24
$22.7M
$3.3M
Net Profit
CNEY
CNEY
UG
UG
Q4 25
Q3 25
$268.4K
Q2 25
$626.8K
Q1 25
$-18.0K
$560.9K
Q4 24
Q3 24
$865.5K
Q2 24
$956.2K
Q1 24
$-4.2M
$925.4K
Gross Margin
CNEY
CNEY
UG
UG
Q4 25
45.0%
Q3 25
42.1%
Q2 25
52.8%
Q1 25
0.1%
54.7%
Q4 24
51.7%
Q3 24
54.0%
Q2 24
54.0%
Q1 24
3.5%
52.2%
Operating Margin
CNEY
CNEY
UG
UG
Q4 25
24.4%
Q3 25
9.5%
Q2 25
24.5%
Q1 25
-0.4%
24.6%
Q4 24
22.5%
Q3 24
31.0%
Q2 24
32.9%
Q1 24
-19.2%
31.5%
Net Margin
CNEY
CNEY
UG
UG
Q4 25
Q3 25
11.9%
Q2 25
22.1%
Q1 25
-0.4%
22.6%
Q4 24
Q3 24
28.3%
Q2 24
28.2%
Q1 24
-18.4%
28.4%

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CNEY
CNEY
UG
UG
Cash + ST InvestmentsLiquidity on hand
$8.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$102.3M
$11.2M
Total Assets
$104.2M
$13.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CNEY
CNEY
UG
UG
Q4 25
$8.6M
Q3 25
$8.3M
Q2 25
$8.4M
Q1 25
$8.1M
Q4 24
$9.4M
Q3 24
$9.5M
Q2 24
$9.9M
Q1 24
$8.6M
Total Debt
CNEY
CNEY
UG
UG
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
$565.5K
Stockholders' Equity
CNEY
CNEY
UG
UG
Q4 25
$11.2M
Q3 25
$10.6M
Q2 25
$11.5M
Q1 25
$102.3M
$10.8M
Q4 24
$11.9M
Q3 24
$11.4M
Q2 24
$12.1M
Q1 24
$102.8M
$11.2M
Total Assets
CNEY
CNEY
UG
UG
Q4 25
$13.1M
Q3 25
$12.2M
Q2 25
$13.4M
Q1 25
$104.2M
$12.8M
Q4 24
$13.8M
Q3 24
$13.3M
Q2 24
$13.8M
Q1 24
$118.4M
$13.0M
Debt / Equity
CNEY
CNEY
UG
UG
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
0.01×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CNEY
CNEY
UG
UG
Operating Cash FlowLast quarter
$330.5K
Free Cash FlowOCF − Capex
$308.0K
FCF MarginFCF / Revenue
10.4%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$1.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CNEY
CNEY
UG
UG
Q4 25
$330.5K
Q3 25
$1.0M
Q2 25
$303.2K
Q1 25
$322.1K
Q4 24
$269.3K
Q3 24
$1.2M
Q2 24
$1.3M
Q1 24
$-579.2K
$644.1K
Free Cash Flow
CNEY
CNEY
UG
UG
Q4 25
$308.0K
Q3 25
$995.8K
Q2 25
$285.6K
Q1 25
$318.5K
Q4 24
$-45.9K
Q3 24
$1.2M
Q2 24
$1.3M
Q1 24
$-579.3K
$622.2K
FCF Margin
CNEY
CNEY
UG
UG
Q4 25
10.4%
Q3 25
44.0%
Q2 25
10.1%
Q1 25
12.8%
Q4 24
-1.9%
Q3 24
39.2%
Q2 24
37.1%
Q1 24
-2.6%
19.1%
Capex Intensity
CNEY
CNEY
UG
UG
Q4 25
0.8%
Q3 25
0.7%
Q2 25
0.6%
Q1 25
0.1%
Q4 24
12.7%
Q3 24
1.0%
Q2 24
1.9%
Q1 24
0.0%
0.7%
Cash Conversion
CNEY
CNEY
UG
UG
Q4 25
Q3 25
3.77×
Q2 25
0.48×
Q1 25
0.57×
Q4 24
Q3 24
1.42×
Q2 24
1.38×
Q1 24
0.70×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CNEY
CNEY

Segment breakdown not available.

UG
UG

Pharmaceuticals$1.6M53%
Other$1.4M47%

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