See more : PMPG Polskie Media SA (PGM.WA) Income Statement Analysis – Financial Results
Complete financial analysis of Companhia Energética de Minas Gerais (CIG) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Companhia Energética de Minas Gerais, a leading company in the Diversified Utilities industry within the Utilities sector.
You may be interested
- Brim hf. (BRIM.IC) Income Statement Analysis – Financial Results
- Immutep Limited (IMM.AX) Income Statement Analysis – Financial Results
- Amagasa Co., Ltd. (3070.T) Income Statement Analysis – Financial Results
- Jindal Stainless (Hisar) Limited (JSLHISAR.NS) Income Statement Analysis – Financial Results
- Baltic International USA, Inc. (BISA) Income Statement Analysis – Financial Results
Companhia Energética de Minas Gerais (CIG)
About Companhia Energética de Minas Gerais
Companhia Energética de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2021, the company operated 70 hydroelectric, wind, and solar plants with an installed capacity of 5,700 MW; 339,086 miles of distribution lines; and 4,449 miles of transmission lines. It is also involved in the acquisition, transportation, and distribution of gas and its sub products and derivatives; provision of cloud solution, IT infrastructure, IT management, and cybersecurity services; provision of technology systems and systems for operational management of public service concessions; sale and trading of energy; provision of telecommunications services; and distributed generation, account services, cogeneration, energy efficiency, and supply and storage management activities. The company was incorporated in 1952 and is headquartered in Belo Horizonte, Brazil.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 36.85B | 34.46B | 33.65B | 25.23B | 25.39B | 22.27B | 21.71B | 18.77B | 21.29B | 19.54B | 14.63B | 18.46B | 15.81B | 12.86B | 17.44B | 9.83B | 9.43B | 8.64B | 7.51B | 7.65B | 6.03B | 4.87B | 5.01B | 3.76B |
| Cost of Revenue | 30.03B | 27.65B | 26.92B | 19.85B | 19.60B | 19.02B | 18.43B | 15.90B | 18.32B | 12.80B | 11.23B | 12.38B | 9.96B | 5.35B | 4.96B | 3.07B | 2.86B | 2.71B | 2.16B | 2.33B | 1.95B | 1.78B | 3.49B | 1.12B |
| Gross Profit | 6.82B | 6.81B | 6.72B | 5.38B | 5.79B | 3.25B | 3.28B | 2.87B | 2.97B | 6.74B | 3.40B | 6.08B | 5.86B | 7.52B | 12.48B | 6.76B | 6.57B | 5.93B | 5.35B | 5.32B | 4.08B | 3.09B | 1.52B | 2.63B |
| Gross Profit Ratio | 18.52% | 19.77% | 19.98% | 21.34% | 22.81% | 14.59% | 15.10% | 15.29% | 13.97% | 34.48% | 23.22% | 32.92% | 37.04% | 58.45% | 71.56% | 68.75% | 69.68% | 68.63% | 71.20% | 69.55% | 67.64% | 63.40% | 30.34% | 70.13% |
| Research & Development | 0.00 | 34.56M | 34.21M | 42.77M | 40.66M | 38.24M | 37.77M | 47.86M | 47.20M | 48.51M | 40.66M | 34.92M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 707.42M | 1.42B | 572.00M | 583.00M | 642.00M | 672.00M | 763.00M | 667.00M | 674.00M | 654.00M | 799.00M | 1.28B | 840.96M | 2.73B | 2.60B | 1.28B | 1.02B | 1.29B | 0.00 | 0.00 | 819.00M | 1.63B | 293.00M | 1.40B |
| Selling & Marketing | 194.52M | 0.00 | 144.00M | 147.00M | 238.00M | 264.00M | 248.00M | 382.00M | 175.00M | 128.00M | 121.00M | 348.07M | 189.82M | 283.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 901.94M | 1.42B | 716.00M | 730.00M | 880.00M | 936.00M | 1.01B | 1.05B | 849.00M | 782.00M | 920.00M | 1.63B | 1.03B | 2.73B | 2.60B | 1.28B | 1.02B | 1.29B | 2.98B | 940.22M | 819.00M | 1.63B | 293.00M | 1.40B |
| Other Expenses | 0.00 | 428.00M | 383.00M | 355.00M | 2.00B | 875.00M | 372.00M | 513.00M | 1.77B | 905.00M | 382.00M | 669.00M | 1.28B | 269.00M | 4.79B | 788.00M | 1.02B | 859.00M | 1.05B | 2.37B | 1.93B | 932.00M | 1.55B | 791.00M |
| Operating Expenses | 939.39M | 1.85B | 1.10B | 1.09B | 2.88B | 471.60M | 382.95M | 1.56B | 2.62B | 1.69B | 1.30B | 2.30B | 1.44B | 3.87B | 3.44B | 2.07B | 2.05B | 2.15B | 4.03B | 3.31B | 2.75B | 2.56B | 1.84B | 2.19B |
| Cost & Expenses | 30.97B | 29.50B | 28.02B | 20.93B | 22.48B | 19.49B | 18.82B | 15.90B | 18.32B | 14.49B | 11.23B | 14.68B | 11.40B | 9.22B | 8.40B | 5.14B | 4.91B | 4.86B | 6.19B | 5.64B | 4.70B | 4.35B | 5.33B | 3.32B |
| Interest Income | 126.00M | 712.00M | 460.00M | 399.00M | 361.00M | 116.00M | 803.71M | 1.04B | 1.47B | 298.00M | 300.00M | 157.37M | 995.00M | 849.00M | 384.00M | 410.00M | 708.00M | 356.00M | 277.92M | 393.09M | 674.00M | 0.00 | 0.00 | 0.00 |
| Interest Expense | 1.03B | 2.47B | 1.73B | 1.25B | 1.32B | 1.32B | 1.80B | 2.48B | 2.20B | 1.03B | 792.00M | 1.38B | 2.05B | 1.67B | 799.00M | 624.00M | 644.00M | 529.00M | 326.97M | 254.98M | 674.00M | 525.00M | 48.00M | 42.00M |
| Depreciation & Amortization | 1.27B | 1.18B | 1.05B | 989.05M | 958.23M | 834.59M | 849.77M | 834.29M | 835.00M | 801.00M | 824.00M | 1.00B | 1.02B | 896.00M | 736.00M | 769.00M | 878.00M | 810.00M | 669.00M | 677.00M | 686.00M | 666.00M | 641.00M | 583.00M |
| EBITDA | 8.88B | 5.48B | 6.82B | 5.70B | 6.75B | 4.31B | 4.09B | 3.71B | 5.71B | 6.31B | 5.00B | 6.77B | 4.96B | 4.92B | 4.04B | 3.90B | 3.83B | 2.54B | 1.99B | 2.59B | 2.69B | 1.19B | -1.22B | 1.02B |
| EBITDA Ratio | 24.11% | 21.77% | 20.83% | 23.49% | 22.90% | 17.83% | 19.79% | 23.67% | 26.74% | 29.39% | 34.18% | 40.23% | 40.67% | 41.92% | 23.16% | 64.81% | 66.61% | 64.21% | 26.51% | 33.88% | 44.58% | 24.49% | 6.43% | 27.24% |
| Operating Income | 5.88B | 5.69B | 5.96B | 4.94B | 4.86B | 2.50B | 2.64B | 1.80B | 4.12B | 5.58B | 3.40B | 4.08B | 4.41B | 3.65B | 3.30B | 2.29B | 2.08B | 773.00M | 1.32B | 2.12B | 1.33B | 527.00M | -593.00M | 440.00M |
| Operating Income Ratio | 15.97% | 16.50% | 17.71% | 19.57% | 19.13% | 11.21% | 12.17% | 9.61% | 19.35% | 28.56% | 23.21% | 22.12% | 27.91% | 28.35% | 18.94% | 23.27% | 22.05% | 8.95% | 17.62% | 27.67% | 22.03% | 10.82% | -11.85% | 11.71% |
| Total Other Income/Expenses | 966.92M | -1.57B | -1.26B | -1.14B | -387.00M | -901.59M | -743.90M | -1.44B | -1.34B | -1.10B | 658.00M | 1.02B | -59.00M | -825.00M | 34.00M | 221.00M | 224.00M | 426.00M | 783.00M | 350.00M | 674.00M | -525.00M | -47.00M | -42.00M |
| Income Before Tax | 6.85B | 4.12B | 4.70B | 3.80B | 4.47B | 1.98B | 1.65B | 367.93M | 3.38B | 4.48B | 4.05B | 5.33B | 3.36B | 2.82B | 3.08B | 2.51B | 2.30B | 1.20B | 2.11B | 2.47B | 2.00B | 2.00M | -641.00M | 398.00M |
| Income Before Tax Ratio | 18.59% | 11.95% | 13.97% | 15.07% | 17.60% | 8.88% | 7.58% | 1.96% | 15.90% | 22.92% | 27.71% | 28.90% | 21.22% | 21.94% | 17.68% | 25.52% | 24.42% | 13.88% | 28.04% | 32.24% | 33.21% | 0.04% | -12.80% | 10.60% |
| Income Tax Expense | 1.08B | 26.00M | 946.00M | 936.00M | 1.57B | 599.12M | 644.26M | 33.17M | 892.58M | 1.34B | 950.14M | 1.06B | 940.92M | 564.00M | 911.00M | 755.00M | 685.00M | 497.00M | 300.00M | 731.00M | 607.00M | 26.00M | 78.00M | 32.00M |
| Net Income | 5.76B | 4.09B | 3.75B | 2.86B | 3.13B | 1.70B | 1.00B | 334.33M | 503.00K | 3.14B | 2.95B | 4.27B | 2.42B | 2.26B | 1.86B | 1.75B | 1.62B | 702.00M | 1.81B | 1.74B | 1.40B | -12.00M | -719.00M | 366.00M |
| Net Income Ratio | 15.64% | 11.87% | 11.15% | 11.35% | 12.32% | 7.64% | 4.61% | 1.78% | 0.00% | 16.05% | 20.20% | 23.14% | 15.27% | 17.55% | 10.67% | 17.84% | 17.16% | 8.13% | 24.08% | 22.72% | 23.14% | -0.25% | -14.36% | 9.74% |
| EPS | 2.01 | 1.86 | 1.70 | 1.30 | 1.39 | 0.69 | 0.25 | 0.07 | 1.30 | 1.65 | 1.64 | 2.25 | 1.27 | 1.19 | 1.33 | 0.92 | 0.85 | 0.37 | 0.95 | 0.92 | 0.24 | -0.01 | -0.13 | 0.20 |
| EPS Diluted | 2.01 | 1.86 | 1.70 | 1.30 | 1.39 | 0.69 | 0.25 | 0.05 | 1.30 | 1.65 | 1.64 | 2.25 | 1.27 | 1.19 | 1.33 | 0.92 | 0.83 | 0.36 | 0.94 | 0.92 | 0.24 | -0.01 | -0.13 | 0.20 |
| Weighted Avg Shares Out | 2.86B | 2.20B | 2.20B | 2.20B | 2.29B | 2.45B | 2.20B | 1.90B | 1.90B | 1.90B | 1.90B | 1.90B | 1.90B | 1.90B | 1.73B | 1.90B | 1.90B | 1.90B | 1.90B | 1.90B | 5.70B | 1.89B | 5.59B | 1.86B |
| Weighted Avg Shares Out (Dil) | 2.86B | 2.20B | 2.20B | 2.20B | 2.29B | 2.45B | 2.20B | 1.90B | 1.90B | 1.90B | 1.90B | 1.90B | 1.90B | 1.90B | 1.73B | 1.91B | 1.94B | 1.94B | 1.92B | 1.90B | 5.70B | 1.89B | 5.59B | 1.86B |
CEMIG: An Ex-High-Yielding Brazilian Utility That Is Best Avoided For Now
CEMIG's payout has withered over the years, and now, payments have been postponed as a result of COVID-19.
Companhia Energética de Minas Gerais (CIG) CEO Reynaldo Passanezi Filho on Q2 2020 Results - Earnings Call Transcript
Companhia Energética de Minas Gerais (NYSE:CIG) Q2 2020 Earnings Conference Call August 17, 2020 1:00 P.M.
Résultats semestriels 2020 : Getlink préserve ses fondamentaux et annonce un nouvel objectif d’EBITDA de 350 millions d’euros
PARIS--(BUSINESS WIRE)--Regulatory News: Jacques Gounon, Président de Getlink (Paris:GET), a déclaré : « Au premier semestre, le Groupe a immédiatement réagi pour faire face à la crise sanitaire, en prenant toutes les mesures appropriées pour protéger la santé de ses...
Why Brazilian Stocks Are Hopping as Much as 16% Today
Brazil's president could soon be impeached. This is good news?
CEMIG (NYSE:CIG) Trading Down 14.4%
Shares of CEMIG (NYSE:CIG) fell 14.4% on Friday . The stock traded as low as $1.50 and last traded at $1.54, 10,686,353 shares were traded during trading. An increase of 128% from the average session volume of 4,683,980 shares. The...
CEMIG (NYSE:CIG) versus Black Hills (NYSE:BKH) Head-To-Head Review
Black Hills (NYSE:BKH) and CEMIG (NYSE:CIG) are both mid-cap utilities companies, but which is the better investment? We will contrast the two companies based on the strength of their earnings, institutional ownership, valuation, profitability, risk, analyst recommendations and dividends. Insider...
5 Utilities Trading With Low Price-Earnings Ratios
Pampa Energy tops the list Continue reading...
El Paso Electric (NYSE:EE) versus CEMIG (NYSE:CIG) Head to Head Review
El Paso Electric (NYSE:EE) and CEMIG (NYSE:CIG) are both mid-cap utilities companies, but which is the superior stock? We will contrast the two businesses based on the strength of their dividends, analyst recommendations, profitability, earnings, risk, institutional ownership and valuation....
CEMIG (NYSE:CIG) Trading Up 7%
Shares of CEMIG (NYSE:CIG) were up 7% on Tuesday . The stock traded as high as $1.68 and last traded at $1.69, approximately 119,959 shares changed hands during mid-day trading. A decline of 98% from the average daily volume of...
CEMIG (NYSE:CIG) Shares Gap Down to $1.58
Shares of CEMIG (NYSE:CIG) gapped down prior to trading on Friday . The stock had previously closed at $1.64, but opened at $1.58. CEMIG shares last traded at $1.48, with a volume of 5,375,071 shares. Separately, ValuEngine lowered shares of...
Source: https://incomestatements.info
Category: Stock Reports