Cenntro Electric Group Ltd

Company Profile

Cenntro Electric Group Ltd had its IPO on 2009-12-16 under the ticker symbol CENN.

The company operates in the Consumer Cyclical sector and Auto Manufacturers industry. Cenntro Electric Group Ltd has a staff strength of 213 employees.

Stock update

Shares of Cenntro Electric Group Ltd opened at $0.42 at the start of the last trading session i.e. 2023-03-23.

The stocks traded within a range of $0.4 - $0.44, and closed at $0.41.

This is a -1.42% slip from the previous day's closing price.

A total volume of 1,713,852 shares were traded at the close of the day’s session.

In the last one week, shares of Cenntro Electric Group Ltd have slipped by -3.88%.

Cenntro Electric Group Ltd's Key Ratios

Cenntro Electric Group Ltd has a market cap of $108.42 million, indicating a price to book ratio of 0.5539 and a price to sales ratio of 8.2868.

In the last 12-months Cenntro Electric Group Ltd’s revenue was $11.16 million with a gross profit of $1.50 million and an EBITDA of $-35383464. The EBITDA ratio measures Cenntro Electric Group Ltd's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Cenntro Electric Group Ltd’s operating margin was -323.24% while its return on assets stood at -16.04% with a return of equity of -28.7%.

In Q2, Cenntro Electric Group Ltd’s quarterly earnings growth was a positive 0% while revenue growth was a positive 105%.

Cenntro Electric Group Ltd’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-0.13 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Cenntro Electric Group Ltd’s profitability.

Cenntro Electric Group Ltd stock is trading at a EV to sales ratio of 1.7439 and a EV to EBITDA ratio of 1.2076. Its price to sales ratio in the trailing 12-months stood at 8.2868.

Cenntro Electric Group Ltd stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$263.75 million

Total Liabilities

$15.98 million

Operating Cash Flow

$-8556001.00

Capital Expenditure

$4.70 million

Dividend Payout Ratio

0%

Cenntro Electric Group Ltd ended 2023 with $263.75 million in total assets and $0 in total liabilities. Its intangible assets were valued at $263.75 million while shareholder equity stood at $238.74 million.

Cenntro Electric Group Ltd ended 2023 with $0 in deferred long-term liabilities, $15.98 million in other current liabilities, in common stock, $-132119583.00 in retained earnings and $10.87 million in goodwill. Its cash balance stood at $182.97 million and cash and short-term investments were $0. The company’s total short-term debt was $0 while long-term debt stood at $0.

Cenntro Electric Group Ltd’s total current assets stands at $222.73 million while long-term investments were $428435.00 and short-term investments were $0. Its net receivables were $8.47 million compared to accounts payable of $2.76 million and inventory worth $20.92 million.

In 2023, Cenntro Electric Group Ltd's operating cash flow was $-8556001.00 while its capital expenditure stood at $4.70 million.

Comparatively, Cenntro Electric Group Ltd paid $0 in dividends in 2023.

Other key metrics

Current Trading Price

$0.41

52-Week High

$2.59

52-Week Low

$0.26

Analyst Target Price

$

Cenntro Electric Group Ltd stock is currently trading at $0.41 per share. It touched a 52-week high of $2.59 and a 52-week low of $2.59. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $0.57 and 200-day moving average was $1.01 The short ratio stood at 1.73 indicating a short percent outstanding of 0%.

Around 3828.8% of the company’s stock are held by insiders while 919.8% are held by institutions.