# Cenntro Electric Group Ltd. (CENN)

**Exchange:** NASDAQ  
**Sector:** Consumer Cyclical  
**Market cap:** $3M  
**Price:** $4.00 (-6.32%)

> Cenntro Electric Group Ltd. is an innovator in the electric vehicle manufacturing sector, focusing on the development and commercialization of electric-powered vehicles. The company's primary function is to design and build cost-effective and advanced electric transportation solutions, catering predominantly to urban logistics and transit industries. This includes a wide range of electric commercial vehicles, such as last-mile delivery trucks, activity vehicles, and urban mobility transports, which align with sustainable and eco-friendly transportation trends.

Cenntro Electric Group operates within the automotive industry, with a particular emphasis on reducing carbon footprints and increasing energy efficiency in urban centers worldwide. By targeting eco-conscious business sectors and city planning departments, the company plays a pivotal role in the shift towards cleaner energy solutions in transportation. Cenntro Electric Group's commitment to innovative design and strategic market deployment underscores its significance in the growing global emphasis on sustainable transportation infrastructure.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $18M | -$2M | -$33M | -$73M | — |
| 2024 | $31M | $8M | -$32M | -$45M | — |
| 2023 | $10M | $2M | -$43M | -$54M | — |
| 2022 | $9M | -$513,970 | -$55M | -$110M | — |
| 2021 | $9M | $2M | -$16M | -$16M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $74M | $34M | $40M | $4M | $1M |
| 2024 | $133M | $55M | $78M | $13M | $362,386 |
| 2023 | $186M | $64M | $122M | $29M | — |
| 2022 | $268M | $96M | $172M | $154M | — |
| 2021 | $291M | $28M | $264M | $261M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | -$13M | — | — |
| 2024 | -$21M | $846,115 | -$22M |
| 2023 | -$58M | $8M | -$66M |
| 2022 | -$69M | $3M | -$73M |
| 2021 | -$21M | $756,269 | -$22M |

Source: [CompaniesByCap](https://companiesbycap.com/company/CENN)