Cenntro Electric Group Ltd (CENN) - Total Assets
Based on the latest financial reports, Cenntro Electric Group Ltd (CENN) holds total assets worth $112.71 Million USD as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore Cenntro Electric Group Ltd debt service capacity to assess how comfortably operating cash covers total debt obligations.
Cenntro Electric Group Ltd - Total Assets Trend (2014–2024)
This chart illustrates how Cenntro Electric Group Ltd's total assets have evolved over time, based on quarterly financial data. See Cenntro Electric Group Ltd shareholders equity for net asset value and shareholders' equity analysis.
Cenntro Electric Group Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Cenntro Electric Group Ltd's total assets of $112.71 Million consist of 49.7% current assets and 50.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 9.5% |
| Accounts Receivable | $8.58 Million | 6.5% |
| Inventory | $24.01 Million | 18.1% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $6.23 Million | 4.7% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2014–2024)
This chart illustrates how Cenntro Electric Group Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see CENN market cap overview.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Cenntro Electric Group Ltd's current assets represent 49.7% of total assets in 2024, a decrease from 96.0% in 2014.
- Cash Position: Cash and equivalents constituted 9.5% of total assets in 2024, down from 71.5% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 0.0% in 2014.
- Asset Diversification: The largest asset category is inventory at 18.1% of total assets.
Cenntro Electric Group Ltd Competitors by Total Assets
Key competitors of Cenntro Electric Group Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Chongqing Sokon Ind Grp Co
SHG:601127
|
China | CN¥121.51 Billion |
|
XPENG INC. SP.ADS/2 CL.A
F:8XPA
|
Germany | €103.16 Billion |
|
Baic Bluepark New Energy Technology
SHG:600733
|
China | CN¥33.84 Billion |
|
AIMA Technology Group Co Ltd
SHG:603529
|
China | CN¥24.94 Billion |
|
NFI Group Inc
TO:NFI
|
Canada | CA$3.03 Billion |
|
Jiangling Motors Corp Ltd
SHE:000550
|
China | CN¥29.52 Billion |
|
Hamaton Automotive Technology Co Ltd
SHE:300643
|
China | CN¥1.60 Billion |
|
Yulon Nissan Motor Co Ltd
TW:2227
|
Taiwan | NT$23.07 Billion |
Cenntro Electric Group Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.91 | 2.70 | 1.39 |
| Quick Ratio | 0.60 | 1.56 | 1.10 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $24.93 Million | $53.34 Million | $5.60 Million |
Cenntro Electric Group Ltd - Advanced Valuation Insights
This section examines the relationship between Cenntro Electric Group Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.13 |
| Latest Market Cap to Assets Ratio | 0.07 |
| Asset Growth Rate (YoY) | -28.6% |
| Total Assets | $132.57 Million |
| Market Capitalization | $9.80 Million USD |
Valuation Analysis
Below Book Valuation: The market values Cenntro Electric Group Ltd's assets below their book value (0.07x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Cenntro Electric Group Ltd's assets decreased by 28.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Cenntro Electric Group Ltd (2014–2024)
The table below shows the annual total assets of Cenntro Electric Group Ltd from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $132.57 Million | -28.55% |
| 2023-12-31 | $185.54 Million | -30.73% |
| 2022-12-31 | $267.85 Million | -8.07% |
| 2021-12-31 | $291.36 Million | +1180.22% |
| 2020-12-31 | $22.76 Million | -46.03% |
| 2019-12-31 | $42.17 Million | -20.34% |
| 2018-12-31 | $52.93 Million | +1059.22% |
| 2017-12-31 | $4.57 Million | +23.90% |
| 2016-12-31 | $3.69 Million | -46.38% |
| 2015-12-31 | $6.87 Million | +152.87% |
| 2014-12-31 | $2.72 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