Cenntro Financials
This page shows Cenntro (CENN) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Cenntro is still an equity-funded cash burn business, with inventory-heavy assets replacing its once-large cash cushion.
From FY2022 to FY2025, total liabilities fell by$61.9M , but cash fell by$149.5M and equity by$132.1M . That means the balance sheet looks less leveraged mainly because losses consumed existing resources, not because the operating model has started financing itself.
Inventory ended FY2025 at
Operating cash burn improved to
Financial Health Signals
Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Cenntro's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Cenntro scores -8.12, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($8.4M) relative to total liabilities ($34.0M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Cenntro passes 2 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Cenntro generates $0.17 in operating cash flow (-$12.6M OCF vs -$73.0M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
Earnings & Revenue
Cenntro generated $18.1M in revenue in fiscal year 2025. This represents a decrease of 42.2% from the prior year.
Cenntro's EBITDA was -$30.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 1.8% from the prior year.
Cenntro reported -$73.0M in net income in fiscal year 2025. This represents a decrease of 62.7% from the prior year.
Cenntro earned $-87.21 per diluted share (EPS) in fiscal year 2025. This represents an increase of 0.1% from the prior year.
Cash & Balance Sheet
Cenntro held $4.5M in cash against $1.2M in long-term debt as of fiscal year 2025.
Cenntro had 1M shares outstanding in fiscal year 2025. This represents an increase of 184.8% from the prior year.
Margins & Returns
Cenntro's gross margin was -12.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 37.1 percentage points from the prior year.
Cenntro's operating margin was -180.0% in fiscal year 2025, reflecting core business profitability. This is down 78.3 percentage points from the prior year.
Cenntro's net profit margin was -403.7% in fiscal year 2025, showing the share of revenue converted to profit. This is down 260.3 percentage points from the prior year.
Cenntro's ROE was -181.2% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 123.5 percentage points from the prior year.
Capital Allocation
Cenntro invested $2.8M in research and development in fiscal year 2025. This represents a decrease of 45.5% from the prior year.
CENN Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.2M | N/A | $4.6M | N/A | $2.1M | N/A | $16.2M+95.1% | $8.3M |
| Cost of Revenue | $975K | N/A | $4.5M | N/A | $1.8M | N/A | $9.9M+40.0% | $7.1M |
| Gross Profit | $237K | N/A | $103K | N/A | $322K | N/A | $6.3M+414.1% | $1.2M |
| R&D Expenses | $478K | N/A | $519K | N/A | $784K | N/A | $1.4M+28.9% | $1.1M |
| SG&A Expenses | $3.4M | N/A | $4.1M | N/A | $4.9M | N/A | $7.1M-7.3% | $7.6M |
| Operating Income | -$4.0M | N/A | -$6.9M | N/A | -$6.2M | N/A | -$6.6M+25.6% | -$8.8M |
| Interest Expense | N/A | N/A | $113K | N/A | $156K | N/A | $34K-65.0% | $98K |
| Income Tax | -$13K | N/A | -$13K | N/A | -$12K | N/A | -$12K-163.4% | -$5K |
| Net Income | -$3.9M | N/A | -$6.7M | N/A | -$5.7M | N/A | -$9.0M+2.3% | -$9.2M |
| EPS (Diluted) | $-2.66 | N/A | $-0.14 | N/A | $-10.99 | N/A | $-0.29+3.3% | $-0.30 |
CENN Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $73.3M-1.6% | $74.4M-34.0% | $112.7M-9.4% | $124.4M-3.8% | $129.3M-2.4% | $132.6M-17.1% | $159.8M-4.7% | $167.8M |
| Current Assets | $45.0M-1.5% | $45.6M-12.7% | $52.3M-10.8% | $58.6M-6.9% | $62.9M-4.5% | $65.9M-22.2% | $84.8M-7.4% | $91.6M |
| Cash & Equivalents | $3.6M-19.4% | $4.5M+1.0% | $4.4M-25.9% | $6.0M-29.8% | $8.5M-32.0% | $12.5M-43.9% | $22.4M+39.6% | $16.0M |
| Inventory | $22.0M+0.2% | $21.9M-9.7% | $24.3M-4.5% | $25.4M+0.6% | $25.3M+5.3% | $24.0M-33.1% | $35.9M-13.1% | $41.3M |
| Accounts Receivable | $1.2M-7.6% | $1.3M-19.8% | $1.6M-50.6% | $3.2M+4.5% | $3.1M-5.7% | $3.3M-28.0% | $4.6M-42.1% | $7.9M |
| Goodwill | N/A | $0 | N/A | N/A | N/A | $26.6M+11715.2% | $225K+4.1% | $216K |
| Total Liabilities | $35.6M+4.6% | $34.0M-6.9% | $36.6M-18.1% | $44.7M-20.1% | $55.9M+2.4% | $54.6M-13.3% | $63.0M-1.2% | $63.7M |
| Current Liabilities | $26.6M-0.3% | $26.7M-2.6% | $27.4M-16.1% | $32.6M+5.2% | $31.0M+6.5% | $29.1M-7.4% | $31.4M+1.6% | $30.9M |
| Long-Term Debt | $3.0M+150.5% | $1.2M | $0 | $0-100.0% | $339K-6.4% | $362K+0.3% | $361K-1.4% | $367K |
| Total Equity | $37.5M-6.8% | $40.3M-47.0% | $76.0M-4.5% | $79.6M+8.6% | $73.3M-5.8% | $77.8M-19.5% | $96.7M-6.9% | $103.8M |
| Retained Earnings | -$395.8M-1.0% | -$391.9M-14.9% | -$341.1M-2.0% | -$334.4M-3.0% | -$324.5M-1.8% | -$318.9M-5.8% | -$301.4M-3.1% | -$292.4M |
CENN Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$2.8M-52.7% | -$1.8M-29.3% | -$1.4M+67.7% | -$4.4M+11.1% | -$5.0M | N/A | -$202K+94.8% | -$3.8M |
| Capital Expenditures | $4K | N/A | $97K-19.1% | $120K-76.9% | $520K | N/A | $57K-82.9% | $336K |
| Free Cash Flow | -$2.8M | N/A | -$1.5M+66.5% | -$4.5M+17.3% | -$5.5M | N/A | -$259K+93.8% | -$4.2M |
| Investing Cash Flow | $111K+139.2% | -$284K-1641.1% | $18K+118.2% | -$102K+79.7% | -$500K | N/A | $5.2M+893.1% | -$657K |
| Financing Cash Flow | $1.7M-22.1% | $2.2M+1195.8% | -$197K-111.2% | $1.8M+51.6% | $1.2M | N/A | $781K+69.3% | $462K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
CENN Financial Ratios
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 19.6% | N/A | 2.3% | N/A | 15.0% | N/A | 38.8%+24.1pp | 14.7% |
| Operating Margin | -328.4% | N/A | -150.4% | N/A | -288.1% | N/A | -40.4%+65.6pp | -106.0% |
| Net Margin | -322.4% | N/A | -146.7% | N/A | -263.8% | N/A | -55.3%+55.1pp | -110.4% |
| Return on Equity | -10.4% | N/A | -8.8% | N/A | -7.7% | N/A | -9.3%-0.4pp | -8.8% |
| Return on Assets | -5.3% | N/A | -5.9% | N/A | -4.4% | N/A | -5.6%-0.1pp | -5.5% |
| Current Ratio | 1.69-0.0 | 1.71-0.2 | 1.91+0.1 | 1.80-0.2 | 2.03-0.2 | 2.26-0.4 | 2.70-0.3 | 2.96 |
| Debt-to-Equity | 0.08+0.1 | 0.03+0.0 | 0.000.0 | 0.000.0 | 0.000.0 | 0.000.0 | 0.000.0 | 0.00 |
| FCF Margin | -231.8% | N/A | -33.2% | N/A | -255.4% | N/A | -1.6%+48.6pp | -50.2% |
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Frequently Asked Questions
What is Cenntro's annual revenue?
Cenntro (CENN) reported $18.1M in total revenue for fiscal year 2025. This represents a -42.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Cenntro's revenue growing?
Cenntro (CENN) revenue declined by 42.2% year-over-year, from $31.3M to $18.1M in fiscal year 2025.
Is Cenntro profitable?
No, Cenntro (CENN) reported a net income of -$73.0M in fiscal year 2025, with a net profit margin of -403.7%.
What is Cenntro's EBITDA?
Cenntro (CENN) had EBITDA of -$30.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Cenntro have?
As of fiscal year 2025, Cenntro (CENN) had $4.5M in cash and equivalents against $1.2M in long-term debt.
What is Cenntro's gross margin?
Cenntro (CENN) had a gross margin of -12.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Cenntro's operating margin?
Cenntro (CENN) had an operating margin of -180.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Cenntro's net profit margin?
Cenntro (CENN) had a net profit margin of -403.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Cenntro's return on equity (ROE)?
Cenntro (CENN) has a return on equity of -181.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Cenntro's operating cash flow?
Cenntro (CENN) generated -$12.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Cenntro's total assets?
Cenntro (CENN) had $74.4M in total assets as of fiscal year 2025, including both current and long-term assets.
How much does Cenntro spend on research and development?
Cenntro (CENN) invested $2.8M in research and development during fiscal year 2025.
What is Cenntro's current ratio?
Cenntro (CENN) had a current ratio of 1.71 as of fiscal year 2025, which is generally considered healthy.
What is Cenntro's debt-to-equity ratio?
Cenntro (CENN) had a debt-to-equity ratio of 0.03 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Cenntro's return on assets (ROA)?
Cenntro (CENN) had a return on assets of -98.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Cenntro's cash runway?
Based on fiscal year 2025 data, Cenntro (CENN) had $4.5M in cash against an annual operating cash burn of $12.6M. This gives an estimated cash runway of approximately 4 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Cenntro's Altman Z-Score?
Cenntro (CENN) has an Altman Z-Score of -8.12, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Cenntro's Piotroski F-Score?
Cenntro (CENN) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Cenntro's earnings high quality?
Cenntro (CENN) has an earnings quality ratio of 0.17x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Cenntro?
Cenntro (CENN) scores 55 out of 100 on our Financial Health Score, indicating moderate standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.