Cenntro Electric Group Ltd (CENN) — Tangible Net Worth Ratio
Cenntro Electric Group Ltd (CENN) has a Tangible Net Worth Ratio of 91.9% as of September 2025. This metric is calculated by deducting intangible assets ($6.16 Million) from net assets ($76.14 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See Cenntro Electric Group Ltd short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Cenntro Electric Group Ltd Tangible Net Worth Ratio (2015–2024)
This chart shows how Cenntro Electric Group Ltd's Tangible Net Worth Ratio has changed across 10 annual periods from 2015 to 2024. As of September 2025, the ratio stands at 91.9%, reflecting net assets of $76.14 Million with intangible assets of $6.16 Million USD. See defensive interval ratio of Cenntro Electric Group Ltd to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Cenntro Electric Group Ltd (2015–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Cenntro Electric Group Ltd from 2015 to 2024, covering 10 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Cenntro Electric Group Ltd stock valuation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 92.0% | $77.96 Million | $6.23 Million | $132.57 Million | ▼ -2.3 pp |
| 2023 | 94.4% | $121.87 Million | $6.87 Million | $185.54 Million | ▼ -3.0 pp |
| 2022 | 97.3% | $171.89 Million | $4.56 Million | $267.85 Million | ▼ -2.7 pp |
| 2021 | 100.0% | $263.77 Million | $3.31K | $291.36 Million | ▲ +0.6 pp |
| 2020 | 99.4% | $7.87 Million | $45.43K | $22.76 Million | ▲ +185.3 pp |
| 2019 | -85.9% | $8.41 Million | $15.63 Million | $42.17 Million | ▼ -185.9 pp |
| 2018 | 100.0% | $7.30 Million | $0.00 | $52.93 Million | ▲ +0.0 pp |
| 2017 | 100.0% | $3.96 Million | $0.00 | $4.57 Million | ▲ +0.0 pp |
| 2016 | 100.0% | $1.32 Million | $0.00 | $3.69 Million | ▲ +0.0 pp |
| 2015 | 100.0% | $4.59 Million | $0.00 | $6.87 Million | — |