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Cenntro (Cenntro) Net Cash per Share : $-0.98 (As of Dec. 2023)


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What is Cenntro Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Cenntro's Net Cash per Share for the quarter that ended in Dec. 2023 was $-0.98.

The historical rank and industry rank for Cenntro's Net Cash per Share or its related term are showing as below:

During the past 5 years, the highest Price-to-Net-Cash Ratio of Cenntro was 2.27. The lowest was 2.27. And the median was 2.27.

CENN's Price-to-Net-Cash is not ranked *
in the Vehicles & Parts industry.
Industry Median: 8.605
* Ranked among companies with meaningful Price-to-Net-Cash only.

Cenntro Net Cash per Share Historical Data

The historical data trend for Cenntro's Net Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cenntro Net Cash per Share Chart

Cenntro Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
-1.25 -0.39 8.94 1.94 -0.98

Cenntro Quarterly Data
Dec19 Jun20 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.94 1.09 0.04 -0.50 -0.98

Competitive Comparison of Cenntro's Net Cash per Share

For the Auto Manufacturers subindustry, Cenntro's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cenntro's Price-to-Net-Cash Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Cenntro's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Cenntro's Price-to-Net-Cash falls into.



Cenntro Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Cenntro's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(33.604-63.673--0.004)/30.8288
=-0.98

Cenntro's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(33.604-63.673--0.004)/30.8288
=-0.98

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Cenntro  (NAS:CENN) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Cenntro Net Cash per Share Related Terms

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Cenntro (Cenntro) Business Description

Traded in Other Exchanges
Address
501 Okerson Road, Freehold, NJ, USA, 07728
Cenntro Electric Group Ltd is a commercial electric vehicle technology company with advanced, market-validated electric commercial vehicles. It plans to lead transformation in the auto industry through scalable, decentralized production and fully digitalized autonomous driving solutions. Its vehicles include Metro, Logistar 400, Logistar 200, Neibor 200, and ORV. The company's geographical segments include Europe, America, Asia, and Oceania.
Executives
Edmond Cheng officer: Chief Financial Officer C/O UTSTARCOM, INC., 1275 HARBOR BAY PARKWAY, ALAMEDA CA 94502
Peter Wang director, 10 percent owner, officer: CEO and Executive Director
Ming He officer: Treasurer NO. 106 ZHONGHUAN SOUTH ROAD, AIRPORT INDUSTRIAL PARK, TIANJIN F4 300308
Christopher Thorne director 501 OKERSON ROAD, FREEHOLD NJ 07728
Mathew Zauner officer: Corporate Secretary 501 OKERSON ROAD, FREEHOLD NJ 07728
Jiawei Tong director 501 OKERSON ROAD, FREEHOLD NJ 07728
Tony Wen Tsai officer: Corporate Secretary 501 OKERSON ROAD, FREEHOLD NJ 07728
Marianne Mcinerney officer: Chief Marketing Officer 501 OKERSON ROAD, FREEHOLD NJ 07728
Yi Zeng director 501 OKERSON ROAD, FREEHOLD NJ 07728
Wei Zhong officer: Chief Technology Officer 501 OKERSON ROAD, FREEHOLD NJ 07728
Benjamin B Ge director 501 OKERSON ROAD, FREEHOLD NJ 07728