Cenntro Inc. - Understand $cenn stock

$CENN Market Cap: $36.73 Million

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Financial Snapshot

Revenue

$28.44M

TTM

Gross Margin

13.1%

TTM

Net Earnings

-$27.38M

TTM

Current Assets

$84.78M

Q3 2024

Current Liabilities

$31.44M

Q3 2024

Current Ratio

269.64%

Q3 2024

Total Assets

$159.8M

Q3 2024

Total Liabilities

$62.98M

Q3 2024

Book Value

$96.86M

Q3 2024

Cash

$21.82M

Q3 2024

P/E

-1.341

Nov 29, 2024 EST

Free Cash Flow

-$9.192M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue	$22.08M	$8.942M	$8.577M	$50.54M	$56.87M	$70.67M	$82.96M	$60.79M	$104.1M
YoY Change	146.93%	4.26%	-83.03%	-11.13%	-19.53%	-14.82%	36.46%	-41.6%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Revenue	$22.08M	$8.942M	$8.577M	$50.54M	$56.87M	$70.67M	$82.96M	$60.79M	$104.1M
Cost Of Revenue	$19.82M	$9.456M	$7.073M	$29.14M	$35.51M	$47.03M	$55.22M	$36.08M	$57.58M
Gross Profit	$2.258M	-$514.0K	$1.503M	$21.40M	$21.35M	$23.64M	$27.74M	$24.71M	$46.52M
Gross Profit Margin	10.23%	-5.75%	17.53%	42.34%	37.55%	33.45%	33.43%	40.65%	44.69%

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
Selling, General & Admin	$43.64M	$45.33M	$16.48M	$24.27M	$29.92M	$33.27M	$36.48M	$21.73M	$36.16M
YoY Change	-3.74%	175.04%	-32.08%	-18.9%	-10.05%	-8.82%	67.86%	-39.89%
% of Gross Profit	1932.35%		1096.34%	113.41%	140.14%	140.73%	131.54%	87.95%	77.74%
Research & Development	$8.469M	$6.363M	$1.478M
YoY Change	33.11%	330.42%
% of Gross Profit	375.03%		98.33%
Depreciation & Amortization	$1.457M	$953.9K	$632.3K				$1.913M	$1.163M	$4.430M
YoY Change	52.74%	50.87%					64.5%	-73.75%
% of Gross Profit	64.52%		42.05%				6.9%	4.71%	9.52%
Operating Expenses	$52.54M	$50.80M	$17.96M	$34.75M	$38.41M	$42.60M	$44.95M	$27.01M	$45.28M
YoY Change	3.42%	182.82%	-48.31%	-9.53%	-9.84%	-5.22%	66.4%	-40.35%
Operating Profit	-$50.28M	-$51.31M	-$16.46M	-$13.35M	-$17.06M	-$18.96M	-$17.21M	-$2.298M	$1.237M
YoY Change	-2.01%	211.78%	23.28%	-21.74%	-10.05%	10.18%	648.87%	-285.83%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Interest Expense	-$402.4K	-$39.28M	-$1.054M	-$19.73M	-$2.472M	-$1.397M	-$3.213M	-$6.226M	-$8.690M
YoY Change	-98.98%	3625.48%	-94.66%	698.14%	76.99%	-56.53%	-48.4%	-28.35%
% of Operating Profit									-702.62%
Other Income/Expense, Net	$621.6K	-$6.522M	$1.090M
YoY Change	-109.53%	-698.17%

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
Pretax Income	-$54.35M	-$112.1M	-$16.42M	-$43.07M	-$33.79M	-$31.88M	-$23.70M	-$9.543M	-$10.48M
YoY Change	-51.53%	582.9%	-61.87%	27.44%	6.0%	34.53%	148.33%	-8.93%
Income Tax	$8.988K	$0.00	$0.00	$84.61K	$493.8K	-$804.4K	$37.88K	$546.2K	$3.823M
% Of Pretax Income
Net Earnings	-$54.20M	-$110.1M	-$16.42M	-$43.15M	-$34.29M	-$31.08M	-$23.74M	-$10.09M	-$14.30M
YoY Change	-50.77%	570.38%	-61.95%	25.86%	10.33%	30.93%	135.27%	-29.46%
Net Earnings / Revenue	-245.47%	-1231.16%	-191.47%	-85.39%	-60.3%	-43.98%	-28.61%	-16.6%	-13.74%
Basic Earnings Per Share	-$1.78	-$0.42	-$0.09
Diluted Earnings Per Share	-$1.78	-$0.42	-$93.79K	-$5.918M	-$329.0M	-$783.6M	-$1.550B	-$659.0M	-$934.2M

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	2022	2021	2020	2019	2018	2017	2016	2015	2014
Cash & Short-Term Investments	$154.0M	$261.1M	$65.09M	$2.394M	$1.239M	$6.781M	$1.669M	$2.891M	$800.0K
YoY Change	-41.01%	301.07%	2619.41%	93.22%	-81.73%	306.16%	-42.25%	261.33%
Cash & Equivalents	$154.0M	$261.1M	$65.09M	$2.394M
Short-Term Investments
Other Short-Term Assets	$10.50M	$4.552M	$0.00			$0.00	$0.00	$0.00	$1.500M
YoY Change	130.68%							-100.0%
Inventory	$31.80M	$8.140M	$11.88M	$14.86M	$13.34M	$19.64M	$23.84M	$25.90M	$30.90M
Prepaid Expenses
Receivables	$600.0K	$2.048M	$5.823M	$3.824M	$6.093M	$8.312M	$17.74M	$16.09M	$11.40M
Other Receivables	$6.200M	$5.266M	$0.00	$2.525K	$402.2K	$9.677M	$8.273M	$6.688M	$2.700M
Total Short-Term Assets	$203.0M	$281.1M	$82.80M	$21.08M	$21.07M	$44.41M	$51.51M	$51.57M	$47.40M
YoY Change	-27.78%	239.47%	292.72%	0.07%	-52.56%	-13.78%	-0.11%	8.8%
Property, Plant & Equipment	$23.10M	$2.971M	$15.30M	$16.95M	$2.376M	$2.993M	$3.134M	$4.280M	$4.600M
YoY Change	677.62%	-80.59%	-9.71%	613.42%	-20.63%	-4.49%	-26.78%	-6.95%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$35.10M	$329.2K
YoY Change	10562.21%
Other Assets	$6.600M	$2.152M	$0.00	$0.00	$436.3K	$0.00	$0.00	$0.00	$3.800M
YoY Change	206.73%			-100.0%				-100.0%
Total Long-Term Assets	$64.80M	$10.29M	$31.66M	$34.81M	$26.72M	$11.21M	$12.40M	$14.33M	$20.10M
YoY Change	529.75%	-67.5%	-9.06%	30.3%	138.37%	-9.63%	-13.44%	-28.71%
Total Assets	$267.8M	$291.4M	$114.5M	$55.90M	$47.79M	$55.62M	$63.92M	$65.90M	$67.50M
YoY Change
Accounts Payable	$3.400M	$3.679M	$15.38M	$13.38M	$16.03M	$14.49M	$13.30M	$13.71M	$18.60M
YoY Change	-7.58%	-76.07%	14.9%	-16.54%	10.66%	8.95%	-2.97%	-26.31%
Accrued Expenses	$5.500M	$3.831M	$5.190M		$6.409M	$6.041M	$4.737M	$4.780M	$6.200M
YoY Change	43.58%	-26.19%			6.08%	27.52%	-0.9%	-22.9%
Deferred Revenue
YoY Change
Short-Term Debt	$57.40M	$929.8K	$10.38M	$12.13M	$13.24M	$32.91M	$43.57M	$42.46M	$38.10M
YoY Change	6073.44%	-91.04%	-14.48%	-8.36%	-59.77%	-24.46%	2.6%	11.45%
Long-Term Debt Due			$4.979M	$5.122M
YoY Change			-2.79%
Total Short-Term Liabilities	$70.20M	$26.40M	$37.14M	$35.11M	$39.65M	$57.52M	$68.21M	$65.35M	$63.60M
YoY Change	165.9%	-28.92%	5.8%	-11.46%	-31.07%	-15.67%	4.37%	2.75%
Long-Term Debt	$0.00	$0.00	$12.60M	$23.63M	$0.00	$0.00	$0.00	$11.03M	$0.00
YoY Change		-100.0%	-46.67%				-100.0%
Other Long-Term Liabilities	$25.70M	$1.190M	$868.0K	$1.134M	$1.498M	$1.712M	$1.420M	$1.843M	$2.000M
YoY Change	2059.66%	37.1%	-23.46%	-24.32%	-12.47%	20.54%	-22.94%	-7.86%
Total Long-Term Liabilities	$25.70M	$1.190M	$13.47M	$24.76M	$1.498M	$1.712M	$1.420M	$12.87M	$2.000M
YoY Change	2059.66%	-91.16%	-45.61%	1552.47%	-12.47%	20.54%	-88.97%	543.66%
Total Liabilities	$95.50M	$27.59M	$50.61M	$59.87M	$41.15M	$59.23M	$69.63M	$78.22M	$65.60M
YoY Change	246.13%	-45.48%	-15.46%	45.49%	-30.53%	-14.94%	-10.99%	19.24%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021
Basic Shares Outstanding	30.42M	263.3M	175.1M
Diluted Shares Outstanding	30.42M	263.3M	175.1M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $36.731 Million

About Cenntro Inc.

Cenntro, Inc. is a commercial electric vehicle technology company, which engages in the sale and production of electric vehicles. The company is headquartered in Freehold, New Jersey and currently employs 315 full-time employees. The company went IPO on 2020-06-24. The Company’s purpose-built ECVs are designed to serve a variety of corporate and governmental organizations in support of city services, last-mile delivery and other commercial applications. The Company’s ECV model Metro are sold or put into service more than 3,600 units in over 16 countries across North America, Europe and Asia.

Industry: Motor Vehicles & Passenger Car Bodies Peers: Envirotech Vehicles, Inc. Workhorse Group Inc. AYRO, Inc. Canoo Inc. MULLEN AUTOMOTIVE INC. NU RIDE INC. FARADAY FUTURE INTELLIGENT ELECTRIC INC. PHOENIX MOTOR INC. Tesla, Inc. WINNEBAGO INDUSTRIES INC