Cenntro Electric Group Ltd
NASDAQ:CENN
Gross Margin
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Peer Comparison
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| US |
|
Cenntro Electric Group Ltd
NASDAQ:CENN
|
10.5m USD |
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|
|
| US |
|
Tesla Inc
NASDAQ:TSLA
|
1.6T USD |
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|
|
| JP |
|
Toyota Motor Corp
TSE:7203
|
48.5T JPY |
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|
|
| CN |
|
BYD Co Ltd
SZSE:002594
|
819.1B CNY |
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|
|
| KR |
|
Hyundai Motor Co
KRX:005380
|
150.2T KRW |
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|
|
| DE |
|
Mercedes Benz Group AG
MIL:MBG
|
75.3B EUR |
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|
|
| DE |
|
Daimler AG
XETRA:DAI
|
67.5B EUR |
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|
|
| US |
|
General Motors Co
NYSE:GM
|
74.5B USD |
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|
|
| IT |
|
Ferrari NV
MIL:RACE
|
62.1B EUR |
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|
|
| DE |
|
Bayerische Motoren Werke AG
XETRA:BMW
|
53.8B EUR |
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|
|
| DE |
|
Mercedes-Benz Group AG
XETRA:MBG
|
52B EUR |
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|
Market Distribution
| Min | -24 813% |
| 30th Percentile | 28.9% |
| Median | 43% |
| 70th Percentile | 60.5% |
| Max | 10 905 714.3% |
Other Profitability Ratios
Cenntro Electric Group Ltd
Glance View
Cenntro Electric Group Ltd. is an EV technology company that designs and manufactures electric light and medium duty commercial vehicles. The company is headquartered in Freehold, New Jersey. The company went IPO on 2018-06-20. The firm is a designer and manufacturer of electric light- and medium-duty commercial vehicles (ECVs). Its ECVs are designed to serve a variety of corporate and governmental organizations in support of city services, last-mile delivery and other commercial applications. Its ECV models include Metro, Logistar 400, Logistar 200, Neibor 200 and ORV. Its business model allows it to both design, manufacture, assemble, homologate and sell ECVs to third parties for distribution and service to end-users and distribute manufactured vehicle kits, which are then assembled, homologated, sold and serviced by third parties in their respective markets. The company has also designed and developed in-house a telematics box, which allows its ECVs to send and receive data relating to location, speed, acceleration, braking and battery consumption, among others, to end-users.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for Cenntro Electric Group Ltd is 15.3%, which is below its 3-year median of 16.3%.
Over the last 5 months, Cenntro Electric Group Ltd’s Gross Margin has decreased from 17.4% to 15.3%. During this period, it reached a low of 15.3% on Oct 30, 2023 and a high of 17.4% on May 30, 2023.
