Companhia Energética de Minas Gerais

CMIG3.SA

SAO

14.56

BRL

+0.09(+0.62%)

As of today

Overview Financials Dividends Ratios Discussions Analysis

Companhia Energética de Minas Gerais fundamentals

Overview Income Statement Balance Sheet Cash Flow

Key ratios

P/E Ratio

6.39

Price/Book

1.46

Debt/Equity

55.11%

Return on Equity

23.26%

Dividend Yield

10.05%

EBITDA

11.74B

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.

Statements Highlights

AnnualQuarterly

Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Total Revenue	25,228,000,000	33,646,000,000	34,463,000,000	36,850,000,000	39,820,000,000
Gross Profit	5,383,000,000	6,723,000,000	6,812,000,000	8,384,000,000	7,830,000,000
Operating Income	4,706,000,000	6,951,000,000	5,686,000,000	6,213,000,000	7,492,000,000
Net Income	2,864,000,000	3,751,000,000	4,092,000,000	5,764,000,000	7,117,000,000
Total Assets	54,083,000,000	52,046,000,000	53,671,000,000	55,000,000,000	59,726,000,000
Total Current Liabilities	9,690,000,000	10,688,000,000	11,203,000,000	13,093,000,000	14,145,000,000
Total Equity	17,478,000,000	19,462,000,000	21,784,000,000	24,656,000,000	27,382,000,000
Free Cash Flow	8,434,000,000	3,452,000,000	6,252,000,000	5,382,000,000	4,825,609,000
Cash from Operations	8,607,000,000	3,685,000,000	6,544,000,000	6,644,278,000	5,496,902,000
Cash from Investing	-5,076,000,000	1,370,000,000	-3,136,000,000	-3,967,244,000	-2,376,700,000
Cash from Financing	-2,387,000,000	-5,910,000,000	-2,791,000,000	-2,580,213,000	-2,759,460,000
Net Change in Cash	1,144,640,000	-855,000,000	616,000,000	96,821,000	360,742,000