CMIG4 • BVMF
Energy of Minas Gerais Co Preference Shares
R$10.48
Jul 1, 10:47:44 PM GMT-3 · BRL · BVMF · Disclaimer
StockBR listed securityBR headquartered
Previous close
R$10.48
Day range
R$10.23 - R$10.57
Year range
R$8.69 - R$12.19
Market cap
26.55B BRL
Avg Volume
10.94M
P/E ratio
4.82
Dividend yield
8.81%
Primary exchange
BVMF
CDP Climate Change Score
B
Financials
Income Statement
Financial performance
Revenue
Net income
(BRL)Mar 2022Y/Y change
Revenue
7.85B10.36%
Operating expense
607.46M71.21%
Net income
1.46B244.81%
Earnings per share
EBITDA
1.70B6.55%
Effective tax rate
25.24%
Financial performance
Total assets
Total liabilities
(BRL)Mar 2022Y/Y change
Cash and short-term investments
2.38B-60.81%
Total assets
51.07B-3.67%
Total liabilities
30.39B-13.43%
Total equity
20.67B
Shares outstanding
2.20B
Price to book
1.12
Return on assets
6.96%
Return on capital
11.60%
Financial performance
Net change in cash
(BRL)Mar 2022Y/Y change
Net income
1.46B244.81%
Cash from operations
976.97M27.70%
Cash from investing
455.59M-79.99%
Cash from financing
-848.40M38.94%
Net change in cash
584.16M-64.64%
Free cash flow
166.21M-89.91%
About
CEMIG is a Brazilian power company headquartered in Belo Horizonte capital of the state of Minas Gerais. The company is one of the largest power generators and distributors in Brazil being responsible for 12% of the national distribution. The company is the fourth largest electricity company in Brazil by revenue after Eletrobras, Energisa and CPFL Energia. CEMIG is present in 22 Brazilian States and in Chile. With around 50 power plants in operation, most of them hydroelectric, the company owns around 6,000 MW of generation capacity. Cemig also owns a cable television, internet and telecommunications business called Infovias which uses the company's transmission and distribution lines. Also, a business called Gasmig supplies natural gas in Minas Gerais. Just over half of Cemig's stock is owned by the state of Minas Gerais. The company is responsible for serving about 18 million people in 774 municipalities of Minas Gerais and for the management of the largest network of electricity distribution in South America, with more than 400 thousand km of lines. The stock is traded on B3 where it is part of the Ibovespa index. It is also traded on the New York Stock Exchange. Wikipedia
Founded
May 22, 1952
Employees
5,025
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