NASDAQ : CENN
Cenntro Inc. — Financial statements
Consumer Discretionary · Auto Manufacturers · United States
Last price 1.755 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 4.31M
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Financial statements
Cenntro Inc. (CENN) reported revenue of 16.96M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 16.96M | 18.08M | 31.30M | 10.43M | 8.94M | 8.58M |
| Cost of Revenue | 18.93M | 20.40M | 23.69M | 8.81M | 9.46M | 7.07M |
| Gross Profit | -1.97M | -2.32M | 7.61M | 1.62M | -513.97K | 1.50M |
| Selling, General & Admin | 19.96M | 22.86M | 33.69M | 37.14M | 39.35M | 16.01M |
| Research & Development | 2.32M | 2.81M | 5.16M | 7.72M | 6.36M | 1.48M |
| Other Operating Expenses | -898.63K | |||||
| Operating Expenses | 24.87M | 30.23M | 39.24M | 44.86M | 50.80M | 17.95M |
| Operating Income | -26.84M | -32.55M | -31.63M | -43.24M | -51.31M | -16.45M |
| Interest Expense | -419.16K | -452.99K | -183.66K | -6.43M | -1.07M | |
| Interest & Investment Income | 402.41K | |||||
| Earnings From Equity Investments | 15.17K | |||||
| Currency Exchange Gain (Loss) | -1.05M | 77.81K | 35.02K | -933.33K | -409.21K | |
| Other Non Operating Income (Expenses) | 738.50K | 380.13K | -518.15K | 521.71K | -924.87K | 1.09M |
| EBT Excluding Unusual Items | -27.57M | -32.54M | -32.30M | -43.25M | -59.08M | -16.42M |
| Impairment of Goodwill | -209.13K | -11.11M | ||||
| Gain (Loss) on Sale of Investments | -27.12M | -25.45M | 569.64K | -2.67M | -253.46K | |
| Gain (Loss) on Sale of Assets | -1.90M | |||||
| Asset Writedown | -2.92M | -3.92M | -6.21K | |||
| Other Unusual Items | -7.72M | -10.95M | -2.21M | -141.06K | -37.78M | |
| Pretax Income | -67.24M | -68.94M | -34.15M | -46.06M | -112.15M | -16.42M |
| Income Tax Expense | -160.95K | -52.92K | -35.52K | 8.99K | ||
| Earnings From Continuing Operations | -67.08M | -68.89M | -34.11M | -46.07M | -112.15M | -16.42M |
| Earnings From Discontinued Operations | -4.92M | -4.14M | -10.80M | -8.29M | ||
| Net Income to Company | -72.00M | -73.02M | -44.91M | -54.36M | -112.15M | -16.42M |
| Minority Interest in Earnings | 83.53K | 40.16K | 41.80K | 161.43K | 2.06M | |
| Net Income | -71.91M | -72.98M | -44.87M | -54.20M | -110.09M | -16.42M |
| Net Income to Common | -71.91M | -72.98M | -44.87M | -54.20M | -110.09M | -16.42M |
| Shares Outstanding (Basic) | 1.37M | 836.81K | 514.02K | 507.08K | 438.87K | 291.82K |
| Shares Outstanding (Diluted) | 1.37M | 836.81K | 514.02K | 507.08K | 438.87K | 291.82K |
| EPS (Basic) | -52.63 | -87.21 | -87.29 | -106.89 | -250.84 | -56.27 |
| EPS (Diluted) | -52.63 | -87.21 | -87.29 | -106.89 | -250.84 | -56.27 |
| Free Cash Flow | -8.99M | -13.38M | -22.21M | -67.21M | -89.14M | -22.23M |
| Free Cash Flow Per Share | -6.58 | -15.98 | -43.20 | -132.54 | -203.12 | -76.18 |
| Gross Margin | -11.61% | -12.81% | 24.31% | 15.51% | -5.75% | 17.53% |
| Operating Margin | -158.21% | -180.02% | -101.07% | -414.79% | -573.85% | -191.81% |
| Profit Margin | -423.92% | -403.66% | -143.36% | -519.87% | -1,231.16% | -191.47% |
| Free Cash Flow Margin | -52.97% | -73.98% | -70.96% | -644.64% | -996.92% | -259.21% |
| EBITDA | -24.67M | -30.35M | -29.62M | -41.57M | -50.36M | -15.86M |
| EBITDA Margin | -145.43% | -167.88% | -94.64% | -184.94% | ||
| D&A For EBITDA | 2.17M | 2.20M | 2.01M | 1.67M | 953.87K | 589.58K |
| EBIT | -26.84M | -32.55M | -31.63M | -43.24M | -51.31M | -16.45M |
| EBIT Margin | -158.21% | -180.02% | -101.07% | -191.81% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 4.33M | 4.48M | 12.55M | 28.79M | 153.97M | 261.07M |
| Short-Term Investments | 4.23M | |||||
| Cash & Short-Term Investments | 4.33M | 4.48M | 12.55M | 33.02M | 153.97M | 261.07M |
| Accounts Receivable | 1.49M | 1.28M | 3.28M | 2.50M | 565.40K | 2.05M |
| Other Receivables | 12.62K | 37.70K | 11.73K | 287.44K | 1.05M | 4.00M |
| Receivables | 2.79M | 1.32M | 3.29M | 2.79M | 2.66M | 6.05M |
| Inventory | 18.44M | 21.94M | 24.01M | 29.18M | 31.84M | 8.14M |
| Prepaid Expenses | 15.01M | 18.08M | 19.32M | |||
| Restricted Cash | 70.20K | 154.42K | 273.29K | 196.17K | 130.02K | 595.55K |
| Other Current Assets | 15.97M | 2.73M | 7.71M | 20.43M | 14.42M | 5.22M |
| Total Current Assets | 41.61M | 45.63M | 65.92M | 104.93M | 203.01M | 281.07M |
| Property, Plant & Equipment | 16.74M | 17.77M | 27.35M | 40.06M | 23.15M | 2.97M |
| Long-Term Investments | 3.92M | 3.85M | 31.01M | 30.76M | 35.08M | 329.20K |
| Goodwill | 223.49K | |||||
| Other Intangible Assets | 5.37M | 6.14M | 6.23M | 6.87M | 4.56M | 3.31K |
| Other Long-Term Assets | 787.73K | 1.03M | 2.06M | 2.70M | 2.04M | 2.15M |
| Total Assets | 68.42M | 74.43M | 132.57M | 185.54M | 267.85M | 291.36M |
| Accounts Payable | 4.66M | 5.53M | 5.14M | 4.88M | 3.41M | 3.70M |
| Accrued Expenses | 1.83M | 8.35M | 3.65M | 3.30M | 2.56M | 2.99M |
| Short-Term Debt | 9.53M | 6.10M | 10.11M | 9.96M | 57.37M | 2.16M |
| Current Portion of Long-Term Debt | 2.95K | 1.43K | 86.78K | |||
| Current Portion of Leases | 890.34K | 1.43M | 3.43M | 4.19M | 1.31M | 839.33K |
| Current Income Taxes Payable | 502.09K | 118.47K | 48.67K | |||
| Current Unearned Revenue | 5.79M | 3.13M | 4.22M | 2.56M | 2.42M | 1.94M |
| Other Current Liabilities | 1.95M | 2.10M | 2.48M | 4.41M | 3.07M | 14.71M |
| Total Current Liabilities | 25.16M | 26.66M | 29.11M | 29.30M | 70.25M | 26.40M |
| Long-Term Debt | 3.54M | 1.21M | 362.39K | |||
| Long-Term Leases | 543.33K | 841.45K | 7.59M | 16.34M | 7.42M | 490.00K |
| Long-Term Unearned Revenue | 1.73M | 1.74M | 1.78M | 1.93M | 497.48K | |
| Long-Term Deferred Tax Liabilities | 4.16K | 142.31K | 171.56K | 228.09K | ||
| Other Long-Term Liabilities | 3.46M | 3.46M | 15.59M | 15.88M | 17.79M | 700.00K |
| Total Liabilities | 34.44M | 34.05M | 54.61M | 63.67M | 95.96M | 27.59M |
| Common Stock | 247.00 | 147.00 | 51.00 | |||
| Additional Paid-In Capital | 442.34M | 437.74M | 405.76M | 402.34M | 397.50M | 374.90M |
| Retained Earnings | -406.35M | -391.87M | -318.89M | -274.02M | -219.82M | -109.74M |
| Comprehensive Income & Other | -2.05M | -5.59M | -9.03M | -6.44M | -5.31M | -1.39M |
| Total Common Equity | 33.94M | 40.28M | 77.84M | 121.87M | 172.37M | 263.77M |
| Minority Interest | 39.08K | 97.81K | 122.21K | -4.24K | -477.13K | |
| Shareholders' Equity | 33.98M | 40.38M | 77.96M | 121.87M | 171.89M | 263.77M |
| Total Liabilities & Equity | 68.42M | 74.43M | 132.57M | 185.54M | 267.85M | 291.36M |
| Total Debt | 14.50M | 9.60M | 21.58M | 30.49M | 66.11M | 3.49M |
| Net Cash (Debt) | -10.17M | -5.11M | -9.03M | 2.53M | 87.86M | 257.58M |
| Net Cash Per Share | -7.44 | -6.11 | -17.57 | 4.99 | 200.19 | 882.66 |
| Filing Date Shares Outstanding | 2.46M | 1.47M | 514.45K | 513.81K | 507.42K | 435.43K |
| Total Common Shares Outstanding | 2.47M | 1.47M | 514.45K | 513.81K | 501.40K | 435.43K |
| Working Capital | 16.44M | 18.98M | 36.80M | 75.63M | 132.76M | 254.67M |
| Book Value Per Share | 13.77 | 27.49 | 151.30 | 237.19 | 343.77 | 605.78 |
| Tangible Book Value | 28.57M | 34.14M | 71.61M | 114.77M | 167.80M | 263.77M |
| Tangible Book Value Per Share | 11.59 | 23.30 | 139.20 | 223.38 | 334.67 | 605.77 |
| Land | 1.06M | 1.06M | 1.06M | 1.06M | ||
| Machinery | 6.56M | 8.09M | 7.49M | 6.72M | 3.96M | 3.19M |
| Construction In Progress | 118.08K | 117.42K | 418.34K | 531.25K | ||
| Leasehold Improvements | 840.52K | 924.40K | 1.55M | 3.96M | 2.96M | 899.54K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -71.91M | -72.98M | -44.87M | -54.20M | -110.09M | -16.42M |
| Depreciation & Amortization | 5.20M | 4.12M | 6.65M | 6.17M | 2.57M | 1.23M |
| Other Amortization | 5.59M | 42.68K | ||||
| Loss (Gain) From Sale of Assets | -38.31K | -38.31K | 248.47K | 55.39K | -10.33K | -55.09K |
| Asset Writedown & Restructuring Costs | 4.50M | 209.13K | 15.03M | 6.21K | ||
| Loss (Gain) From Sale of Investments | 25.54M | 25.54M | -725.63K | 4.11M | 253.46K | -508.16K |
| Loss (Gain) on Equity Investments | -15.17K | |||||
| Stock-Based Compensation | 5.73M | 2.83M | 3.37M | 5.23M | 4.03M | 1.13M |
| Provision & Write-off of Bad Debts | 6.04M | 6.04M | 393.87K | 5.99M | 469.70K | |
| Other Operating Activities | -4.73M | 16.27M | 9.76M | 2.13M | 37.39M | 1.23M |
| Change in Accounts Receivable | 57.46K | 57.46K | 1.26M | -5.87M | 233.57K | -2.00M |
| Change in Inventory | 2.92M | 118.31K | 7.93M | -12.18M | -20.48M | -5.09M |
| Change in Accounts Payable | 1.16M | 259.36K | 1.03K | 3.10M | -2.14M | -128.51K |
| Change in Unearned Revenue | 1.91M | -689.73K | 491.08K | 2.52M | 633.83K | 286.50K |
| Change in Other Net Operating Assets | 9.35M | 5.85M | -6.08M | -9.95M | -8.39M | -1.64M |
| Operating Cash Flow | -8.78M | -12.62M | -21.36M | -58.46M | -69.40M | -21.48M |
| Capital Expenditures | -206.79K | -756.33K | -846.12K | -8.75M | -19.74M | -756.27K |
| Sale of Property, Plant & Equipment | 242.27K | 221.14K | 79.47K | 3.66K | 309.00 | 7.89M |
| Cash Acquisitions | -355.40K | -1.92M | -2.84M | |||
| Divestitures | -10.72K | |||||
| Investment in Securities | 5.14M | -5.12M | -34.26M | -753.90K | ||
| Other Investing Activities | 27.58K | 55.57K | -600.00K | 1.28M | 855.91K | |
| Investing Cash Flow | -185.14K | -866.67K | 4.07M | -16.39M | -56.88M | 7.23M |
| Short-Term Debt Issued | 3.07M | 708.83K | 54.07M | 35.07M | ||
| Long-Term Debt Issued | 3.18M | 662.84K | ||||
| Total Debt Issued | 9.47M | 6.26M | 1.37M | 54.07M | 35.07M | |
| Short-Term Debt Repaid | -548.27K | -90.00K | -47.53M | -19.80M | -10.42M | |
| Long-Term Debt Repaid | -809.81K | -50.84K | -601.48K | |||
| Total Debt Repaid | -2.47M | -1.36M | -140.84K | -48.14M | -19.80M | -10.42M |
| Net Debt Issued (Repaid) | 6.99M | 4.90M | 1.23M | -48.14M | 34.27M | 24.65M |
| Issuance of Common Stock | 14.39K | 247.38M | ||||
| Repurchase of Common Stock | -13.93M | |||||
| Other Financing Activities | -904.84K | -883.30K | ||||
| Financing Cash Flow | 6.99M | 4.90M | 1.23M | -48.14M | 19.45M | 271.15M |
| Foreign Exchange Rate Adjustments | 283.84K | 315.02K | -551.48K | -1.54M | -736.27K | 205.57K |
| Net Cash Flow | -1.69M | -8.27M | -16.61M | -124.52M | -107.57M | 257.12M |
| Free Cash Flow | -8.99M | -13.38M | -22.21M | -67.21M | -89.14M | -22.23M |
| Free Cash Flow Margin | -52.97% | -73.98% | -70.96% | -644.64% | -996.92% | -259.21% |
| Free Cash Flow Per Share | -6.58 | -15.98 | -43.20 | -132.54 | -203.12 | -76.18 |
| Levered Free Cash Flow | 4.80M | 1.42M | 8.16M | -43.66M | -84.51M | 1.93M |
| Unlevered Free Cash Flow | 5.06M | 1.70M | 8.28M | -43.66M | -86.08M | 2.60M |
| Cash Interest Paid | 98.03K | 26.02K | 577.44K | 1.47M | 369.41K | 830.84K |
| Cash Income Tax Paid | 4.80K | |||||
| Change in Working Capital | 15.40M | 5.60M | 3.60M | -22.38M | -30.15M | -8.58M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 4.88M | 11.96M | 33.03M | 43.84M | 114.98M | 1.40B |
| Enterprise Value | 15.05M | 23.99M | 40.44M | 30.77M | -58.47M | 1.40B |
| Last Close Price | 1.99 | 8.17 | 64.20 | 86.40 | 264.00 | 3,215.99 |
| PS Ratio | 0.29 | 0.66 | 1.05 | 4.21 | 12.86 | 163.27 |
| PB Ratio | 0.14 | 0.30 | 0.42 | 0.36 | 0.67 | 5.31 |
| P/TBV Ratio | 0.17 | 0.35 | 0.46 | 0.38 | 0.69 | 5.31 |
| EV/Sales Ratio | 0.89 | 1.33 | 1.29 | 2.95 | 163.35 | |
| Debt / Equity Ratio | 0.43 | 0.24 | 0.28 | 0.25 | 0.39 | 0.01 |
| Net Debt / Equity Ratio | 0.30 | 0.13 | 0.12 | -0.02 | -0.51 | -0.98 |
| Net Debt / EBITDA Ratio | -0.41 | -0.17 | -0.30 | 0.06 | 1.75 | 16.24 |
| Net Debt / FCF Ratio | -1.13 | -0.38 | -0.41 | 0.04 | 0.99 | 11.59 |
| Asset Turnover | 0.18 | 0.17 | 0.20 | 0.05 | 0.03 | 0.06 |
| Inventory Turnover | 0.86 | 0.89 | 0.89 | 0.29 | 0.47 | 1.15 |
| Quick Ratio | 0.23 | 0.22 | 0.54 | 1.22 | 2.21 | 10.12 |
| Current Ratio | 1.65 | 1.71 | 2.26 | 3.58 | 2.89 | 10.65 |
| Return on Equity (ROE) | -117.96% | -116.42% | -34.14% | -31.37% | -51.48% | -12.09% |
| Return on Assets (ROA) | -17.40% | -19.66% | -12.43% | -11.92% | -11.47% | -6.55% |
| Return on Capital Employed (ROCE) | -62.00% | -68.10% | -30.60% | -27.70% | -26.00% | -6.20% |
| Earnings Yield | -2,651.39% | -609.96% | -135.85% | -123.63% | -95.75% | -1.17% |
| FCF Yield | -184.29% | -111.79% | -67.24% | -153.30% | -77.53% | -1.59% |
| Buyback Yield / Dilution | -154.21% | -62.80% | -1.37% | -15.54% | -50.39% | -0.14% |