Cenntro Electric Group (CENN) AI Stock Analysis

• Market Cap: $22.99M
• Dividend Yield: N/A
• Average Volume (3M): 173.96K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.47
• Revenue Growth: 41.75%
• EPS Growth: -160.24%
• Country: US
• Employees: 315
• Sector: Consumer Cyclical
• Sector Strength: 60
• Industry: Auto - Manufacturers
• EPS (TTM): -1.45
• Shares Outstanding: 30,866,613
• 10 Day Avg. Volume: 108,656
• 30 Day Avg. Volume: 173,956
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.74
• Price to Cash Flow (P/CF): -33.90
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Cenntro Electric Group faces significant challenges with profitability and cash flow, which, coupled with bearish technical indicators and a negative valuation profile, result in a lower overall stock score. While revenue growth is a positive aspect, the company's current financial health and market sentiment suggest caution.

Cenntro Electric Group Business Overview & Revenue Model

Company Description

Cenntro Electric Group (CENN) is a company engaged in the design and manufacture of electric commercial vehicles. It operates primarily in the automotive sector, focusing on providing sustainable and efficient transportation solutions. Cenntro Electric Group offers a range of electric vehicles, including light and medium-duty trucks, vans, and other utility vehicles, catering to a broad spectrum of industries and applications.

How the Company Makes Money

Cenntro Electric Group makes money through the sale of its electric commercial vehicles. The company generates revenue by designing, manufacturing, and selling these vehicles to businesses and organizations looking for sustainable transportation solutions. Key revenue streams include direct sales to commercial fleets, partnerships with distributors and dealers, and contracts with governmental agencies for fleet electrification. The company also benefits from strategic partnerships and collaborations that enhance its market reach and technological capabilities, as well as incentives and subsidies available for electric vehicle manufacturers in various regions.

Cenntro Electric Group Financial Statement Overview

Summary

Cenntro Electric Group shows strong revenue growth but struggles with profitability and liquidity. The company has a stable capital structure with low leverage, yet persistent net losses and negative cash flows indicate operational inefficiencies.

Income Statement

Cenntro Electric Group has shown a substantial increase in revenue over the years, with TTM revenue at $37.05 million, up from $22.08 million in 2023. Despite the revenue growth, the company remains unprofitable, with a negative net profit margin and EBIT margin indicating ongoing operational challenges. The gross profit margin improved to 14.8% in TTM, reflecting better cost management but still insufficient to turn overall profitability positive.

Balance Sheet

The company has a manageable debt-to-equity ratio of 0.29, indicating a conservative capital structure. However, the equity ratio has been declining, standing at 60.5% in TTM, down from previous years, suggesting increasing liabilities. Return on Equity remains negative due to persistent net losses, highlighting profitability challenges despite a strong equity position.

Cash Flow

Cenntro Electric Group's free cash flow improved from $-67.21 million in 2023 to $-24.18 million in TTM, showing better cash management. However, both operating and free cash flow remain negative, indicating ongoing liquidity challenges. The free cash flow to net income ratio remains negative due to consistent net losses.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
37.05M	22.08M	8.94M	8.58M	5.46M	3.58M
	Gross Profit
5.48M	2.26M	-513.97K	1.50M	570.15K	-123.85K
	EBIT
-42.56M	-50.28M	-55.23M	-16.46M	-10.63M	-17.79M
	EBITDA
-37.17M	-48.19M	-50.36M	-14.08M	-8.75M	-15.79M
	Net Income Common Stockholders
-40.45M	-54.20M	-110.09M	-18.60M	-6.42M	-19.87M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
44.36K	33.60M	153.97M	261.07M	4.55M	1.23M
	Total Assets
2.47M	185.54M	267.85M	291.36M	22.76M	42.17M
	Total Debt
518.88K	31.04M	66.11M	3.49M	7.16M	19.61M
	Net Debt
474.52K	1.66M	-87.86M	-257.58M	2.61M	18.38M
	Total Liabilities
2.05M	63.67M	95.96M	27.59M	14.89M	33.76M
	Stockholders Equity
420.94K	121.87M	172.37M	263.77M	7.89M	8.40M
Cash Flow		Free Cash Flow
-24.18M	-67.21M	-89.14M	-22.23M	-7.95M	-4.85M
	Operating Cash Flow
-24.43M	-58.46M	-69.40M	-21.48M	-7.87M	-4.67M
	Investing Cash Flow
957.13K	-16.39M	-56.88M	7.23M	26.47M	1.53M
	Financing Cash Flow
1.42M	-48.14M	19.45M	271.15M	-15.51M	1.17M

Cenntro Electric Group Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.72
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CENN, the sentiment is Negative. The current price of 0.72 is below the 20-day moving average (MA) of 0.88, below the 50-day MA of 0.91, and below the 200-day MA of 1.21, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 41.97 is Neutral, neither overbought nor oversold. The STOCH value of 8.29 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CENN.

Cenntro Electric Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	59 Neutral	$10.97B	9.83	-1.56%	4.06%	1.31%	-16.49%
CENN	41 Neutral	$22.99M	―	-34.12%	―	41.75%	-160.24%
GOEVQ	40 Underperform	$1.95M	―	-72.67%	―	258.96%	82.54%
WKHS	38 Underperform	$6.87M	―	-159.80%	―	-49.47%	54.99%
NKLAQ	38 Underperform	$12.16M	―	-129.17%	―	141.23%	69.50%
HYLN	37 Underperform	$225.52M	―	-18.90%	―	124.55%	56.35%
AYRO	33 Underperform	$4.15M	―	-9.34%	―	-87.22%	77.29%