Cenntro Electric Group Ltd
NASDAQ:CENN

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Cenntro Electric Group Ltd Logo
Cenntro Electric Group Ltd
NASDAQ:CENN
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Price: 0.7258 USD -17.8% Market Closed
Market Cap: 22.4m USD

Net Margin
Cenntro Electric Group Ltd

-305.4%
Current
-315%
Average
2.7%
Industry

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
-305.4%
=
Net Income
-41.1m
/
Revenue
13.5m

Net Margin Across Competitors

Cenntro Electric Group Ltd
Glance View

Market Cap
22.4m USD
Industry
Automobiles

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.

CENN Intrinsic Value
Not Available
What is Net Margin?

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
-305.4%
=
Net Income
-41.1m
/
Revenue
13.5m
What is the Net Margin of Cenntro Electric Group Ltd?

Based on Cenntro Electric Group Ltd's most recent financial statements, the company has Net Margin of -305.4%.

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