회사 개요
Cenntro Inc. is engaged in the design, development, and manufacture of electric light and medium-duty commercial vehicles, serving fleet and municipal organizations across Europe, Asia, and the United States. The company operates within the Consumer Cyclical sector, specifically under the Auto Manufacturers industry, which categorizes it alongside other entities producing motor vehicles subject to economic cycles. As of the latest data, Cenntro Inc. holds a market capitalization of $7.49M and reports annual revenue of $18.53M with an employee base of 260 individuals. These valuation and revenue figures indicate that the company functions as a small-cap entity with a relatively modest operational scale compared to larger established automotive manufacturers in the global market.
재무 건전성
The company reported revenue of $18.53M over the trailing twelve months, yet recorded a net income of -$33,237,776 and an EBITDA of -$29,156,550, revealing a significant gap between top-line sales and bottom-line profitability that points to substantial operating costs or expenses exceeding earnings. Despite the negative net income and EBITDA, the firm generated positive free cash flow of $2.85M, suggesting a degree of financial flexibility to meet obligations without relying solely on external financing. The gross margin stands at -0.2%, indicating that the cost of goods sold nearly equals revenue, while the operating margin of -150.4% and profit margin of -214.4% demonstrate severe operational inefficiencies or high overhead costs relative to sales. On the liability side, the company possesses $4.44M in cash against $16.35M in debt, resulting in a debt-to-equity ratio of 21.48 which characterizes the balance sheet as highly leveraged rather than conservative. However, the current ratio of 1.91 suggests that the company maintains sufficient current assets to cover its short-term liabilities, indicating manageable short-term liquidity despite the long-term debt burden. Furthermore, the return on equity is -38.5% and the return on assets is -14.3%, metrics that reveal that management has not been effective in generating returns on the capital invested by shareholders or utilized in the asset base during the reporting period.
밸류에이션 평가
The trailing P/E ratio and forward P/E ratio are both listed as N/A, which implies that the market cannot value the stock based on earnings multiples due to the company's persistent losses and the absence of expected earnings in the near future. The price-to-book ratio is 0.06, indicating that the stock trades at a fraction of its book value, suggesting the market prices the company significantly below its net asset value or assigns little value to its current business operations. Alternative valuation metrics such as the price-to-sales ratio of 0.40 and an EV/EBITDA of -0.67 provide insight into the valuation relative to revenue and enterprise value, though the negative EV/EBITDA reinforces the challenges in valuing a loss-making enterprise using traditional leverage-based methods. The stock has a 52-week high of $1.10 and a 52-week low of $0.08, and while the exact current price is not listed in the provided facts, the valuation metrics suggest the stock is trading well below its recent highs. The beta value of 2.05 indicates that the stock price exhibits high volatility, moving with significantly greater intensity than the broader market index.
Growth & Income
The revenue growth year-over-year is -71.8%, while earnings growth is N/A, indicating that the company is currently shrinking in terms of top-line sales and lacks positive earnings expansion. Since the earnings growth rate is not applicable due to negative earnings, it is impossible to compare the speed of earnings growth relative to revenue, but the contraction in revenue suggests a contraction in overall business activity. As a non-dividend payer, the company does not distribute dividends, evidenced by a dividend yield of N/A and a payout ratio of 0.0%, meaning the firm currently reinvests any available cash flow or retains capital rather than paying returns to shareholders. Overall, the growth and income profile of Cenntro Inc. is characterized by significant revenue contraction, a lack of dividend distribution, and a high-risk valuation structure suitable only for investors seeking exposure to a volatile, loss-making small-cap manufacturer.