Clean Energy Technologies, Inc. - Understand $cety stock

$CETY Market Cap: $31.08 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$5.357M

TTM

Gross Margin

46.74%

TTM

Net Earnings

-$6.658M

TTM

Current Assets

$4.848M

Q3 2024

Current Liabilities

$5.627M

Q3 2024

Current Ratio

86.16%

Q3 2024

Total Assets

$9.429M

Q3 2024

Total Liabilities

$5.846M

Q3 2024

Book Value

$3.583M

Q3 2024

Cash

$44.15K

Q3 2024

P/E

-4.669

Nov 29, 2024 EST

Free Cash Flow

-$1.727M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Revenue	$15.11M	$2.663M	$1.300M	$1.406M	$1.610M	$1.331M	$957.6K	$2.047M	$2.355M	$3.534M	$3.550M	$4.960M	$4.550M	$2.800M	$2.150M	$7.400M	$6.880M	$9.310M	$6.350M	$6.210M	$6.460M
YoY Change	467.49%	104.79%	-7.51%	-12.67%	20.95%	39.01%	-53.23%	-13.07%	-33.35%	-0.46%	-28.43%	9.01%	62.5%	30.23%	-70.95%	7.56%	-26.1%	46.61%	2.25%	-3.87%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Revenue	$15.11M	$2.663M	$1.300M	$1.406M	$1.610M	$1.331M	$957.6K	$2.047M	$2.355M	$3.534M	$3.550M	$4.960M	$4.550M	$2.800M	$2.150M	$7.400M	$6.880M	$9.310M	$6.350M	$6.210M	$6.460M
Cost Of Revenue	$14.02M	$1.489M	$690.0K	$654.9K	$952.8K	$810.5K	$544.8K	$1.283M	$1.686M	$2.741M	$2.580M	$3.580M	$3.150M	$2.000M	$1.680M	$5.820M	$5.110M	$7.020M	$4.950M	$4.990M	$5.090M
Gross Profit	$1.090M	$1.174M	$610.4K	$751.1K	$657.2K	$520.7K	$412.9K	$764.3K	$668.9K	$792.4K	$970.0K	$1.380M	$1.400M	$800.0K	$470.0K	$1.580M	$1.770M	$2.290M	$1.400M	$1.220M	$1.370M
Gross Profit Margin	7.21%	44.09%	46.94%	53.42%	40.82%	39.11%	43.11%	37.33%	28.4%	22.42%	27.32%	27.82%	30.77%	28.57%	21.86%	21.35%	25.73%	24.6%	22.05%	19.65%	21.21%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Selling, General & Admin	$3.519M	$2.134M	$2.151M	$1.954M	$2.070M	$2.044M	$1.617M	$1.962M	$2.371M	$1.757M	$1.370M	$1.310M	$1.170M	$730.0K	$930.0K	$1.390M	$1.430M	$1.880M	$1.820M	$1.970M	$2.080M
YoY Change	64.93%	-0.79%	10.09%	-5.63%	1.27%	26.45%	-17.61%	-17.25%	35.0%	28.22%	4.58%	11.97%	60.27%	-21.51%	-33.09%	-2.8%	-23.94%	3.3%	-7.61%	-5.29%
% of Gross Profit	322.8%	181.73%	352.37%	260.13%	315.02%	392.64%	391.58%	256.75%	354.52%	221.69%	141.24%	94.93%	83.57%	91.25%	197.87%	87.97%	80.79%	82.1%	130.0%	161.48%	151.82%
Research & Development	$0.00	$0.00	$0.00												$0.00	$140.0K	$140.0K
YoY Change															-100.0%	0.0%
% of Gross Profit	0.0%	0.0%	0.0%												0.0%	8.86%	7.91%
Depreciation & Amortization	$32.85K	$30.08K	$32.29K	$32.91K	$41.44K	$52.44K	$54.65K	$41.44K	$42.12K	$42.11K	$40.00K	$40.00K	$40.00K	$40.00K	$50.00K	$70.00K	$240.0K	$230.0K	$220.0K	$240.0K	$300.0K
YoY Change	9.22%	-6.86%	-1.88%	-20.58%	-20.98%	-4.04%	31.88%	-1.61%	0.02%	5.28%	0.0%	0.0%	0.0%	-20.0%	-28.57%	-70.83%	4.35%	4.55%	-8.33%	-20.0%
% of Gross Profit	3.01%	2.56%	5.29%	4.38%	6.31%	10.07%	13.24%	5.42%	6.3%	5.31%	4.12%	2.9%	2.86%	5.0%	10.64%	4.43%	13.56%	10.04%	15.71%	19.67%	21.9%
Operating Expenses	$3.746M	$2.164M	$2.183M	$1.987M	$2.112M	$2.044M	$1.617M	$2.041M	$2.422M	$1.757M	$1.370M	$1.310M	$1.170M	$730.0K	$930.0K	$1.560M	$1.570M	$1.870M	$1.830M	$1.960M	$2.080M
YoY Change	73.09%	-0.88%	9.89%	-5.93%	3.3%	26.45%	-20.79%	-15.71%	37.85%	28.22%	4.58%	11.97%	60.27%	-21.51%	-40.38%	-0.64%	-16.04%	2.19%	-6.63%	-5.77%
Operating Profit	-$2.655M	-$989.8K	-$1.573M	-$1.236M	-$1.455M	-$1.524M	-$1.204M	-$1.277M	-$1.753M	-$964.2K	-$400.0K	$70.00K	$230.0K	$70.00K	-$460.0K	$20.00K	$200.0K	$420.0K	-$430.0K	-$740.0K	-$710.0K
YoY Change	168.29%	-37.07%	27.29%	-15.06%	-4.53%	26.57%	-5.71%	-27.15%	81.76%	141.06%	-671.43%	-69.57%	228.57%	-115.22%	-2400.0%	-90.0%	-52.38%	-197.67%	-41.89%	4.23%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Interest Expense	-$1.811M	-$1.457M	$982.8K	-$2.599M	-$1.101M	-$1.289M	-$1.011M	-$331.0K	-$385.1K	-$313.3K	-$290.0K	-$190.0K	-$140.0K	-$20.00K	-$30.00K	-$140.0K	-$150.0K	-$230.0K	-$160.0K	-$450.0K	-$540.0K
YoY Change	24.31%	-248.25%	-137.81%	136.01%	-14.54%	27.47%	205.47%	-14.07%	22.95%	8.02%	52.63%	35.71%	600.0%	-33.33%	-78.57%	-6.67%	-34.78%	43.75%	-64.44%	-16.67%
% of Operating Profit												-271.43%	-60.87%	-28.57%		-700.0%	-75.0%	-54.76%
Other Income/Expense, Net	$81.58K	$1.174M	$610.4K							$0.00	$40.00K	$0.00	$10.00K	$190.0K		$0.00	$330.0K	-$40.00K	$80.00K	$280.0K	$0.00
YoY Change	-93.05%	92.36%								-100.0%		-100.0%	-94.74%			-100.0%	-925.0%	-150.0%	-71.43%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Pretax Income	-$5.510M	$165.7K	$278.5K	-$3.436M	-$2.556M	-$2.810M	-$2.215M	-$1.700M	-$2.570M	-$1.235M	-$650.0K	-$120.0K	$110.0K	$240.0K	$30.00K	-$120.0K	$370.0K	$150.0K	-$640.0K	-$920.0K	-$1.250M
YoY Change	-3425.48%	-40.51%	-108.11%	34.42%	-9.04%	26.87%	30.31%	-33.86%	108.06%	90.03%	441.67%	-209.09%	-54.17%	700.0%	-125.0%	-132.43%	146.67%	-123.44%	-30.43%	-26.4%
Income Tax	$22.17K	$18.28K			$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$10.00K	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
% Of Pretax Income		11.04%											9.09%	0.0%	0.0%		0.0%	0.0%
Net Earnings	-$5.660M	$147.4K	$297.6K	-$3.436M	-$2.556M	-$2.810M	-$2.215M	-$1.700M	-$2.570M	-$1.235M	-$650.0K	-$120.0K	$90.00K	$240.0K	$30.00K	-$120.0K	$370.0K	$150.0K	-$630.0K	-$920.0K	-$1.240M
YoY Change	-3939.83%	-50.46%	-108.66%	34.42%	-9.04%	26.87%	30.31%	-33.86%	108.06%	90.03%	441.67%	-233.33%	-62.5%	700.0%	-125.0%	-132.43%	146.67%	-123.81%	-31.52%	-25.81%
Net Earnings / Revenue	-37.45%	5.53%	22.88%	-244.36%	-158.76%	-211.09%	-231.28%	-83.02%	-109.13%	-34.96%	-18.31%	-2.42%	1.98%	8.57%	1.4%	-1.62%	5.38%	1.61%	-9.92%	-14.81%	-19.2%
Basic Earnings Per Share	$0.14	$0.00	$0.00
Diluted Earnings Per Share	-$0.15	$0.00	$330.30	-$4.474K	-$3.985K	-$5.078K	-$11.04K	-$11.92K	-$43.13K	-$47.54K	-$29.23K	-$6.045K	$4.453K	$11.79K	$2.471K	-$37.62K	$82.77K	$53.96K	-$611.7K	-$754.1K	-$1.240M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Cash & Short-Term Investments	$1.223M	$149.3K	$1.192M	$414.9K	$7.410K	$6.460K	$9.420K	$6.440K	$4.200K	$27.24K	$10.00K	$20.00K	$20.00K	$20.00K	$20.00K	$60.00K	$30.00K	$40.00K	$0.00	$40.00K	$0.00
YoY Change	719.47%	-87.48%	187.38%	5499.06%	14.71%	-31.42%	46.27%	53.33%	-84.58%	172.4%	-50.0%	0.0%	0.0%	0.0%	-66.67%	100.0%	-25.0%		-100.0%
Cash & Equivalents
Short-Term Investments	$1.048M	$835.8K												$20.00K	$20.00K	$50.00K	$0.00
Other Short-Term Assets	$1.841M	$1.856M	$258.0K	$217.6K	$217.6K					$0.00								$0.00	$50.00K	$60.00K	$0.00
YoY Change	-0.8%	619.38%	18.56%	0.0%														-100.0%	-16.67%
Inventory	$974.9K	$500.6K	$462.2K	$557.8K	$630.2K	$711.9K	$854.6K	$914.0K	$1.207M	$557.4K	$690.0K	$630.0K	$690.0K	$450.0K	$400.0K	$790.0K	$950.0K	$1.020M	$1.300M	$690.0K	$360.0K
Prepaid Expenses
Receivables	$1.759M	$1.369M	$693.0K	$265.7K	$1.288M	$724.9K	$477.1K	$367.6K	$474.7K	$306.5K	$430.0K	$910.0K	$720.0K	$400.0K	$100.0K	$700.0K	$700.0K	$900.0K	$690.0K	$500.0K	$1.130M
Other Receivables	$952.9K	$116.0K	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$6.751M	$3.990M	$2.606M	$1.456M	$2.143M	$1.443M	$1.341M	$1.288M	$1.686M	$905.3K	$1.120M	$1.560M	$1.430M	$870.0K	$530.0K	$1.550M	$1.690M	$1.970M	$2.040M	$1.290M	$1.500M
YoY Change	69.19%	53.14%	78.95%	-32.07%	48.52%	7.62%	4.12%	-23.62%	86.27%	-19.17%	-28.21%	9.09%	64.37%	64.15%	-65.81%	-8.28%	-14.21%	-3.43%	58.14%	-14.0%
Property, Plant & Equipment	$532.7K	$172.2K	$428.6K	$660.0K	$896.8K	$96.03K	$144.9K	$187.7K	$215.8K	$123.0K	$140.0K	$130.0K	$130.0K	$110.0K	$100.0K	$140.0K	$210.0K	$320.0K	$340.0K	$680.0K	$910.0K
YoY Change	209.36%	-59.83%	-35.06%	-26.4%	833.82%	-33.71%	-22.81%	-13.01%	75.41%	-12.14%	7.69%	0.0%	18.18%	10.0%	-28.57%	-33.33%	-34.38%	-5.88%	-50.0%	-25.27%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$0.00	$561.7K
YoY Change	-100.0%
Other Assets	$67.13K	$30.89K	$26.80K	$25.40K	$25.40K	$25.40K	$24.23K	$24.23K	$57.71K	$20.92K	$40.00K	$20.00K	$30.00K	$10.00K	$30.00K	$0.00		$0.00	$30.00K	$10.00K	$20.00K
YoY Change	117.32%	15.26%	5.51%	0.0%	0.0%	4.83%	0.0%	-58.01%	175.86%	-47.7%	100.0%	-33.33%	200.0%	-66.67%				-100.0%	200.0%	-50.0%
Total Long-Term Assets	$4.178M	$4.124M	$3.827M	$2.668M	$2.164M	$1.375M	$1.434M	$1.489M	$1.563M	$564.6K	$610.0K	$150.0K	$170.0K	$120.0K	$120.0K	$210.0K	$210.0K	$320.0K	$360.0K	$690.0K	$920.0K
YoY Change	1.3%	7.77%	43.45%	23.29%	57.37%	-4.15%	-3.67%	-4.7%	176.76%	-7.44%	306.67%	-11.76%	41.67%	0.0%	-42.86%	0.0%	-34.38%	-11.11%	-47.83%	-25.0%
Total Assets	$10.93M	$8.114M	$6.432M	$4.124M	$4.307M	$2.818M	$2.776M	$2.777M	$3.249M	$1.470M	$1.730M	$1.710M	$1.600M	$990.0K	$650.0K	$1.760M	$1.900M	$2.290M	$2.400M	$1.980M	$2.420M
YoY Change
Accounts Payable	$964.1K	$860.4K	$606.8K	$1.545M	$1.464M	$1.033M	$996.5K	$881.6K	$851.0K	$574.5K	$650.0K	$450.0K	$500.0K	$380.0K	$190.0K	$670.0K	$600.0K	$630.0K	$690.0K	$680.0K	$1.670M
YoY Change	12.04%	41.8%	-60.71%	5.48%	41.71%	3.7%	13.03%	3.59%	48.13%	-11.61%	44.44%	-10.0%	31.58%	100.0%	-71.64%	11.67%	-4.76%	-8.7%	1.47%	-59.28%
Accrued Expenses	$933.2K	$305.5K	$357.3K	$752.7K	$2.346M	$1.910M	$1.840M	$1.774M	$1.413M	$311.3K	$150.0K	$110.0K	$170.0K	$280.0K	$190.0K	$200.0K	$280.0K	$270.0K	$280.0K	$270.0K	$920.0K
YoY Change	205.49%	-14.51%	-52.53%	-67.91%	22.81%	3.84%	3.7%	25.57%	353.83%	107.53%	36.36%	-35.29%	-39.29%	47.37%	-5.0%	-28.57%	3.7%	-3.57%	3.7%	-70.65%
Deferred Revenue
YoY Change
Short-Term Debt	$2.561M	$1.177M	$4.294M	$4.723M	$4.341M	$3.925M	$3.708M	$1.737M	$1.292M	$605.3K	$200.0K	$870.0K	$550.0K	$130.0K	$80.00K	$910.0K	$940.0K	$1.200M	$1.570M	$910.0K	$1.790M
YoY Change	117.68%	-72.6%	-9.08%	8.79%	10.59%	5.86%	113.49%	34.44%	113.45%	202.64%	-77.01%	58.18%	323.08%	62.5%	-91.21%	-3.19%	-21.67%	-23.57%	72.53%	-49.16%
Long-Term Debt Due		$3.092M	$1.193M	$541.4K
YoY Change		159.11%	120.41%
Total Short-Term Liabilities	$4.802M	$6.236M	$6.865M	$9.786M	$8.929M	$7.614M	$6.889M	$4.595M	$3.699M	$1.491M	$1.000M	$1.430M	$1.260M	$810.0K	$480.0K	$1.800M	$1.860M	$2.100M	$2.540M	$1.860M	$4.390M
YoY Change	-23.0%	-9.16%	-29.85%	9.59%	17.28%	10.53%	49.9%	24.24%	148.06%	49.11%	-30.07%	13.49%	55.56%	68.75%	-73.33%	-3.23%	-11.43%	-17.32%	36.56%	-57.63%
Long-Term Debt	$0.00	$0.00	$1.081M	$1.203M	$0.00	$0.00	$0.00	$450.0K	$800.0K	$38.15K	$0.00	$0.00	$0.00	$10.00K	$270.0K	$200.0K	$310.0K	$930.0K	$920.0K	$1.140M	$660.0K
YoY Change		-100.0%	-10.16%				-100.0%	-43.75%	1996.99%				-100.0%	-96.3%	35.0%	-35.48%	-66.67%	1.09%	-19.3%	72.73%
Other Long-Term Liabilities	$257.9K	$0.00	$207.8K	$373.1K	$630.6K
YoY Change		-100.0%	-44.31%	-40.83%
Total Long-Term Liabilities	$257.9K	$0.00	$1.289M	$1.576M	$630.6K	$0.00	$0.00	$450.0K	$800.0K	$38.15K	$0.00	$0.00	$0.00	$10.00K	$270.0K	$200.0K	$310.0K	$930.0K	$920.0K	$1.140M	$660.0K
YoY Change		-100.0%	-18.24%	150.0%			-100.0%	-43.75%	1996.99%				-100.0%	-96.3%	35.0%	-35.48%	-66.67%	1.09%	-19.3%	72.73%
Total Liabilities	$5.817M	$6.236M	$8.135M	$11.36M	$9.560M	$7.614M	$6.889M	$5.045M	$4.499M	$1.529M	$1.000M	$1.430M	$1.260M	$810.0K	$740.0K	$2.000M	$2.170M	$3.030M	$3.460M	$3.000M	$5.050M
YoY Change	-6.73%	-23.34%	-28.4%	18.86%	25.56%	10.53%	36.53%	12.15%	194.18%	52.92%	-30.07%	13.49%	55.56%	9.46%	-63.0%	-7.83%	-28.38%	-12.43%	15.33%	-40.59%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021
Basic Shares Outstanding	38.45M shares	30.90M shares	22.52M shares
Diluted Shares Outstanding	38.45M shares	27.68M shares
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Market Cap: $31.082 Million

About Clean Energy Technologies, Inc.

Clean Energy Technologies, Inc. engages in the provision of renewable and energy efficient products and solutions. The company is headquartered in Irvine, California and currently employs 20 full-time employees. The company went IPO on 2006-05-12. Its segments include Clean Energy HRS & CETY Europe, CETY Renewables Waste to Energy Solutions, Engineering and Manufacturing Business, and CETY HK. The Clean Energy HRS & CETY Europe segment provides waste heat recovery solutions, converting thermal energy to zero emission electricity. The CETY Renewables Waste to Energy Solutions segment offers waste to energy technologies and solutions. The Engineering and Manufacturing Business provides customers with comprehensive design, manufacturing, and project management solutions. CETY HK is the parent company of its natural gas (NG) trading operations in China. Its principal products are waste heat recovery solutions using its patented Clean Cycle generator to create electricity.

Industry: Natural Gas Distribution Peers: 374Water Inc. BROADWIND, INC. Bloom Energy Corp Capstone Green Energy Holdings, Inc. POWER SOLUTIONS INTERNATIONAL, INC. PIONEER POWER SOLUTIONS, INC. Ocean Power Technologies, Inc. Polar Power, Inc. TPI COMPOSITES, INC