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CENNCenntro Electric Group Limited
$3.64$3M
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  4. Financial Ratios

Cenntro Electric Group Limited (CENN) Financial Ratios

Latest Ratios: P/E Ratio -0.0x · EV/EBITDA N/A · ROE -123.3%. (2014–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

CENN Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Market Cap$3M$7M$33M$44M$116M$1.4B$752M$238680$2M——
Enterprise Value$10M$14M$43M$46M$28M$1.1B$755M$19M$15M——
P/E Ratio →-0.04——————————
P/S Ratio0.170.381.054.2012.96163.27137.810.070.03——
P/B Ratio0.080.170.420.360.675.3195.650.030.72——
P/FCF———————————
P/OCF———————————

P/E links to full P/E history page with 30-year chart

CENN EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
EV / Revenue—0.751.374.383.13133.24138.285.210.20——
EV / EBITDA———————————
EV / EBIT———————————
EV / FCF———————————

CENN Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Gross Margin-12.8%-12.8%24.3%15.5%-5.7%17.5%10.4%-3.5%31.3%32.8%19.8%
Operating Margin-180.0%-180.0%-101.1%-414.8%-583.9%-191.8%-194.8%-497.6%-22.9%-209.1%-579.7%
Net Profit Margin-403.7%-403.7%-143.4%-519.9%-1231.2%-191.5%-94.6%-544.4%-44.0%-202.4%-586.2%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
ROE-123.3%-123.3%-44.9%-36.9%-50.5%-12.1%-63.5%-247.9%-601.1%-219.2%-365.6%
ROA-70.5%-70.5%-28.2%-23.9%-39.4%-10.5%-15.9%-40.9%-117.7%-140.3%-204.5%
ROIC-36.2%-36.2%-22.4%-31.2%-86.8%-148.0%-42.8%-56.5%-114.9%-252.6%-833.0%
ROCE-43.0%-43.0%-24.4%-24.4%-22.6%-12.0%-124.5%-195.1%-264.4%-224.9%-349.3%

CENN Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Debt / Equity0.280.280.290.250.380.010.912.331.990.000.42
Debt / EBITDA———————————
Net Debt / Equity—0.170.130.01-0.51-0.980.332.191.81-0.36-0.24
Net Debt / EBITDA———————————
Debt / FCF———————————
Interest Coverage-71.85-71.85-172.23—-61.84-14.35-2.68-17.42-11.50-43.67-90.40

CENN Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Current Ratio1.711.712.263.582.8910.651.390.340.537.431.55
Quick Ratio0.890.891.442.592.4410.341.100.140.204.800.59
Cash Ratio0.170.170.431.132.199.890.310.040.032.340.38
Asset Turnover—0.240.240.060.030.030.240.081.450.630.50
Inventory Turnover0.930.930.990.300.300.871.160.563.611.210.66
Days Sales Outstanding—156.70100.04313.39275.64311.2430.97259.2426.35164.32—

CENN Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Dividend Yield———————————
Payout Ratio———————————

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Earnings Yield———————————
FCF Yield———————————
Buyback Yield0.0%0.0%0.0%0.0%12.0%0.0%0.0%0.0%0.0%——
Total Shareholder Yield0.0%0.0%0.0%0.0%12.0%0.0%0.0%0.0%0.0%——
Shares Outstanding—$836814$514023$507078$438872$435427$435427$17$3$0$0

Key Metrics

Growth RegimeContracting
ProfitabilityNegative
Balance SheetVulnerable
Cash FlowBurning
Top Statement Risk

Imminent liquidity and solvency crisis

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q1)

Distressed Valuation Reflects Operational Uncertainty

According to current market data, Cenntro trades at a price-to-sales multiple of 0.16, which, based on reported figures, suggests that investors are heavily discounting the company's future revenue potential due to the persistent inability to demonstrate a viable path toward positive earnings or sustainable market share growth.

The extremely low P/S ratio relative to broader industrial peers indicates that the market views the company as a distressed asset rather than a growth-oriented manufacturer. This valuation level implies that the market is pricing in significant execution risk and potential dilution, rather than any meaningful upside from the iChassis platform.

Negative Margins Indicate Structural Inefficiency

As reported in financial statements, the company's gross margin of -12.81% highlights a fundamental failure to achieve unit-level profitability, suggesting that the cost of goods sold consistently exceeds revenue, which warrants further investigation into the company's manufacturing scale and its ability to manage direct production expenses.

The persistent negative gross margin suggests that the company lacks the pricing power or operational efficiency required to compete in the commercial EV space. Without a significant shift in production volume or cost structure, the current operating margin of -180.02% appears unsustainable and indicative of excessive overhead relative to the company's current revenue base.

Working Capital Cycles Signal Fragility

Based on the provided data, the cash conversion cycle remains highly volatile and extended, with inventory turnover metrics suggesting that the company is struggling to move product efficiently, which, according to recent filings, may indicate a buildup of obsolete or slow-moving vehicle inventory in a competitive market.

The extremely high days-to-inventory and days-to-payables figures suggest that the company is relying heavily on supplier credit to manage its liquidity, which is a precarious position given the revenue contraction. Investors should monitor these efficiency ratios closely, as any tightening of credit terms by suppliers could exacerbate the company's existing liquidity constraints.

Liquidity Position Nearing Critical Threshold

As reported in recent financial statements, the company's quick ratio has declined to 0.86, which, when combined with the $4.48 million cash balance, suggests that the firm may lack the necessary liquidity to cover its short-term obligations without resorting to further dilutive capital raises or asset liquidations.

The deterioration in the quick ratio indicates that the company's ability to meet immediate liabilities is increasingly dependent on the liquidation of inventory, which may be difficult given the current sales environment. This liquidity profile appears inadequate for a capital-intensive manufacturer, leaving little room for error in the event of further operational disruptions.

Misapplication of Debt-to-Equity Ratios

While the company's debt-to-equity ratio of 0.28 might appear healthy compared to capital-intensive peers, this metric is commonly misapplied to Cenntro, as it obscures the reality that the company's lack of access to traditional credit markets forces a reliance on highly dilutive equity financing instead.

Analysts should prioritize the cash burn rate and operating cash flow over traditional leverage ratios when assessing this business model. The low debt-to-equity ratio is not a sign of financial strength but rather a reflection of the company's inability to secure debt financing, which forces management to rely on shareholder dilution to fund ongoing losses.

Download Financial Ratios Data

Includes 30+ ratios · 12 years · Updated daily

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CENN — Frequently Asked Questions

Quick answers to the most common questions about buying CENN stock.

What is Cenntro Electric Group Limited's P/E ratio?

Cenntro Electric Group Limited's current P/E ratio is -0.0x. This places it at the 50th percentile of its historical range.

What is Cenntro Electric Group Limited's ROE?

Cenntro Electric Group Limited's return on equity (ROE) is -123.3%. The historical average is -129.3%.

Is CENN stock overvalued?

Based on historical data, Cenntro Electric Group Limited is trading at a P/E of -0.0x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.

What are Cenntro Electric Group Limited's profit margins?

Cenntro Electric Group Limited has -12.8% gross margin and -180.0% operating margin.