Cenntro Electric Group Ltd (CENN) - Net Assets
Based on the latest financial reports, Cenntro Electric Group Ltd (CENN) has net assets worth $76.14 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($112.71 Million) and total liabilities ($36.57 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check financial resilience of Cenntro Electric Group Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $76.14 Million |
| % of Total Assets | 67.56% |
| Annual Growth Rate | N/A |
| 5-Year Change | 891.07% |
| 10-Year Change | 1599.54% |
| Growth Volatility | 1020.56 |
Cenntro Electric Group Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Cenntro Electric Group Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Cenntro Electric Group Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Cenntro Electric Group Ltd (2014–2024)
The table below shows the annual net assets of Cenntro Electric Group Ltd from 2014 to 2024. For live valuation and market cap data, see Cenntro Electric Group Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $77.96 Million | -36.03% |
| 2023-12-31 | $121.87 Million | -29.10% |
| 2022-12-31 | $171.89 Million | -34.83% |
| 2021-12-31 | $263.77 Million | +3253.25% |
| 2020-12-31 | $7.87 Million | -6.44% |
| 2019-12-31 | $8.41 Million | +15.24% |
| 2018-12-31 | $7.30 Million | +84.13% |
| 2017-12-31 | $3.96 Million | +200.06% |
| 2016-12-31 | $1.32 Million | -71.21% |
| 2015-12-31 | $4.59 Million | +306.24% |
| 2014-12-31 | $-2.22 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cenntro Electric Group Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 29157263300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Comprehensive Income | $-9.03 Million | -11.60% |
| Other Components | $405.76 Million | 521.29% |
| Total Equity | $77.84 Million | 100.00% |
Cenntro Electric Group Ltd Competitors by Market Cap
The table below lists competitors of Cenntro Electric Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Prg Holdings Bhd
KLSE:7168
|
$9.80 Million |
|
Total Transport Systems Limited
NSE:TOTAL
|
$9.81 Million |
|
Vigor Kobo Co Ltd
TWO:2733
|
$9.81 Million |
|
Orgenesis Inc
NASDAQ:ORGS
|
$9.83 Million |
|
AUX Resources Corporation
V:AUX
|
$9.80 Million |
|
Flexidynamic Holdings Bhd
KLSE:0231
|
$9.78 Million |
|
BLB Limited
NSE:BLBLIMITED
|
$9.78 Million |
|
SACCHERIA F.LLI FRANCES.
F:YV1
|
$9.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cenntro Electric Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 121,869,407 to 77,837,290, a change of -44,032,117 (-36.1%).
- Net loss of 44,866,813 reduced equity.
- Other comprehensive income decreased equity by 2,585,014.
- Other factors increased equity by 3,419,710.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-44.87 Million | -57.64% |
| Other Comprehensive Income | $-2.59 Million | -3.32% |
| Other Changes | $3.42 Million | +4.39% |
| Total Change | $- | -36.13% |
Book Value vs Market Value Analysis
This analysis compares Cenntro Electric Group Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.67x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | $-1331844.31 | $4.22 | x |
| 2015-12-31 | $2746758.08 | $4.22 | x |
| 2016-12-31 | $750292.05 | $4.22 | x |
| 2017-12-31 | $2085458.42 | $4.22 | x |
| 2018-12-31 | $44867.95 | $4.22 | x |
| 2019-12-31 | $8059.00 | $4.22 | x |
| 2020-12-31 | $0.30 | $4.22 | x |
| 2021-12-31 | $10.10 | $4.22 | x |
| 2022-12-31 | $6.55 | $4.22 | x |
| 2023-12-31 | $4.01 | $4.22 | x |
| 2024-12-31 | $2.52 | $4.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cenntro Electric Group Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -57.64%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -143.36%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 1.70x
- Recent ROE (-57.64%) is above the historical average (-210.24%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 0.00% | -3782.81% | 0.21x | 0.00x | $-20.86 Million |
| 2015 | -415.59% | -1372.05% | 0.20x | 1.50x | $-19.52 Million |
| 2016 | -817.75% | -586.22% | 0.50x | 2.79x | $-10.93 Million |
| 2017 | -146.12% | -202.45% | 0.63x | 1.15x | $-6.19 Million |
| 2018 | -463.74% | -43.98% | 1.45x | 7.26x | $-34.56 Million |
| 2019 | -231.81% | -544.37% | 0.08x | 5.02x | $-20.31 Million |
| 2020 | -65.43% | -94.61% | 0.24x | 2.88x | $-5.96 Million |
| 2021 | -6.23% | -191.47% | 0.03x | 1.10x | $-42.80 Million |
| 2022 | -63.87% | -1231.16% | 0.03x | 1.55x | $-127.32 Million |
| 2023 | -44.47% | -519.86% | 0.06x | 1.52x | $-66.39 Million |
| 2024 | -57.64% | -143.36% | 0.24x | 1.70x | $-52.65 Million |
Industry Comparison
This section compares Cenntro Electric Group Ltd's net assets metrics with peer companies in the Auto Manufacturers industry.
Industry Context
- Industry: Auto Manufacturers
- Average net assets among peers: $1,374,222,045
- Average return on equity (ROE) among peers: -147.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cenntro Electric Group Ltd (CENN) | $76.14 Million | 0.00% | 0.48x | $9.80 Million |
| Thunder Power Holdings, Inc. (AIEV) | $-604.50K | 0.00% | 0.00x | $710.14K |
| Robo.ai Inc. (AIIO) | $-55.49 Million | 0.00% | 0.00x | $157.68 Million |
| Arrival (ARVLF) | $221.31 Million | 0.01% | 0.04x | $1.84K |
| AYRO Inc (AYRO) | $12.27 Million | -14.31% | 0.77x | $4.47 Million |
| Bollinger Innovations, Inc. (BINI) | $156.96 Million | -471.17% | 0.93x | $40.49K |
| Chijet Motor Company, Inc. Ordinary Shares (CJET) | $171.66 Million | -16.96% | 4.55x | $3.81 Million |
| China Yuchai International Limited (CYD) | $11.84 Billion | 1.85% | 1.04x | $1.50 Billion |
| Digital Currency X Technology Inc. (DCX) | $16.13 Million | -479.02% | 39.53x | $2.99 Million |
| Damon Inc. Common Stock (DMN) | $10.70 Million | -343.46% | 0.40x | $2.94 Million |
About Cenntro Electric Group Ltd
Cenntro Inc. engages in the design, development, and manufacture of electric light and medium-duty commercial vehicles in Europe, Asia, and the United States. Its purpose-built electric commercial vehicles are designed to serve various fleet and municipal organizations in support of city services, last-mile delivery, and other commercial applications. The company sells its products under the Metr… Read more