CENN on Nasdaq
Cenntro Inc.
American motor vehicles and passenger car bodies company based in Freehold.
Price unavailable
Last updated Oct 18, 2026.
Overview
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Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
-12.8%Gross margin3
-180.0%Operating margin3
-403.7%Net margin3
-42.2%Revenue growth, 20253
-181.2%Return on equity3
0.03×Debt to equity3
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue88¢$20.4M
- Research and development12¢$2.8M
- Income tax0¢$52.9K
Out of $18.1M in revenue.3 The company lost money this year.
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net revenues | $18.1M | $31.3M |
| Cost of goods sold | -$20.4M | -$23.7M |
| Gross profit | -$2.3M | $7.6M |
| Selling and marketing expenses | -$2.5M | -$7.4M |
| General and administrative expenses | -$20.3M | -$26.3M |
| Research and development expenses | -$2.8M | -$5.2M |
| Provision for credit losses | -$4.6M | -$393.9K |
| Impairment of goodwill | $0 | -$209.1K |
| Total operating expenses | -$30.2M | -$39.4M |
| Loss from operations | -$32.5M | -$31.8M |
| Interest expense, net | -$453.0K | -$183.7K |
| Loss from long-term investments | -$60 | -$299.8K |
| Change in fair value of convertible promissory notes and derivative liability | -$8.5M | $7.2K |
| Change in fair value of equity securities | -$26.6M | $1.0M |
| Foreign currency exchange gain, net | $98.0K | $44.5K |
| Loss from acquisition in relation to the revaluation of the previously held equity interest | $0 | -$149.9K |
| Loss from early termination of lease contract | -$717.6K | -$2.2M |
| Gain on exercise of warrants | $0 | $900 |
| Loss from cross-currency swaps | -$20.2K | -$9.5K |
| Loss from Note Amendment | -$1.8M | $0 |
| Gain from disposal of Cenntro Electric CICS, S.R.L.s equity | $1.2M | $0 |
| Other income (expense), net | $380.1K | -$518.1K |
| Net loss from continuing operations before taxes | -$68.9M | -$34.1M |
| Income tax benefit | $52.9K | $35.5K |
| Net loss from continuing operations | -$68.9M | -$34.1M |
| Loss from discontinued operations, net of tax | -$4.1M | -$10.8M |
| Net loss | -$73.0M | -$44.9M |
| Less: net loss attributable to non-controlling interests | -$40.2K | -$41.8K |
| Net loss attributable to the Companys shareholders | -$73.0M | -$44.9M |
| Foreign currency translation adjustment | $3.4M | -$2.6M |
| Unrealized holding gains and losses for available-for-sale securities | $30.0K | $41.7K |
| Total comprehensive loss | -$69.6M | -$47.5M |
| Less: total comprehensive loss attributable to non-controlling interests | -$36.4K | -$42.8K |
| Total comprehensive loss to the Companys shareholders | -$69.6M | -$47.5M |
| Weighted average number of shares outstanding, basic (in Shares) | 836.8K shares | 514.0K shares |
| Weighted average number of shares outstanding, diluted (in Shares) | 836.8K shares | 514.0K shares |
| Continuing operations - Basic (in Dollars per share) | -$82 | -$66 |
| Continuing operations - Diluted (in Dollars per share) | -$82 | -$66 |
| Discontinued operations - Basic (in Dollars per share) | -$5 | -$21 |
| Discontinued operations - Diluted (in Dollars per share) | -$5 | -$21 |
| Net loss per common share, Basic (in Dollars per share) | -$87.21 | -$87.28 |
| Net loss per common share, Diluted (in Dollars per share) | -$87.21 | -$87.28 |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $4.5M | $12.5M | |
| Restricted cash, current | $154.4K | $273.3K | |
| Short-term investment | $0 | $5.5K | |
| Accounts receivable, net | $1.3M | $3.3M | |
| Inventories, net | $21.9M | $24.0M | |
| Prepayment and other current assets | $15.0M | $18.1M | |
| Amounts due from related parties, current | $37.7K | $11.7K | |
| Assets held for sale, current | $2.7M | $7.7M | |
| Total current assets | $45.6M | $65.9M | |
| Long-term time deposit | $0 | $700.0K | |
| Long-term investments | $3.9M | $3.7M | |
| Investment in equity securities | $0 | $26.6M | |
| Property, plant and equipment, net | $15.9M | $17.4M | |
| Intangible assets, net | $6.1M | $6.2M | |
| Right-of-use assets | $1.9M | $9.9M | |
| Other non-current assets, net | $1.0M | $2.1M | |
| Total non-current assets | $28.8M | $66.6M | |
| Total Assets | $74.4M | $132.6M | |
| Accounts payable | $5.5M | $5.1M | |
| Short-term loans and current portion of long-term loans | $1.3M | $249.6K | |
| Accrued expenses and other current liabilities | $8.3M | $3.6M | |
| Contractual liabilities | $3.0M | $4.1M | |
| Operating lease liabilities, current | $1.4M | $3.4M | |
| Convertible promissory notes | $4.0M | $10.0M | |
| Deferred government grant, current | $110.4K | $100.1K | |
| Amounts due to a related party | $889.7K | $26.2K | |
| Liabilities held for sale, current | $2.1M | $2.5M | |
| Total current liabilities | $26.7M | $29.1M | |
| Long-term loans | $1.2M | $362.4K | |
| Deferred tax liabilities | $142.3K | $171.6K | |
| Deferred government grant, non-current | $1.7M | $1.8M | |
| Derivative liability - investor warrant | $0 | $12.1M | |
| Derivative liability - placement agent warrant | $3.5M | $3.5M | |
| Operating lease liabilities, non-current | $841.4K | $7.6M | |
| Total non-current liabilities | $7.4M | $25.5M | |
| Total Liabilities | $34.0M | $54.6M | |
| Common stock ($0.0001 par value; 1,465,214 and 514,444 shares issued and outstanding as of December 31, 2025 and 2024, respectively) | $147 | $51 | |
| Additional paid in capital | $437.7M | $405.8M | |
| Accumulated deficit | -$391.9M | -$318.9M | |
| Accumulated other comprehensive loss | -$5.6M | -$9.0M | |
| Total equity attributable to shareholders | $40.3M | $77.8M | |
| Non-controlling interests | $97.8K | $122.2K | |
| Total Equity | $40.4M | $78.0M | $121.9M |
| Total Liabilities and Equity | $74.4M | $132.6M | |
| Common stock, par value (in Dollars per share) | $0.00 | $0.00 | |
| Common stock, shares issued (in Shares) | 1.5M shares | 514.4K shares | 30.8M shares |
| Common stock, shares outstanding (in Shares) | 1.5M shares | 514.4K shares | 30.8M shares |
| Common stock, shares authorized (in Shares) | 1.5M shares | 514.4K shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $4.5M | $12.5M | |
| Restricted cash, current | $154.4K | $273.3K | |
| Short-term investment | $0 | $5.5K | |
| Accounts receivable, net | $1.3M | $3.3M | |
| Inventories, net | $21.9M | $24.0M | |
| Prepayment and other current assets | $15.0M | $18.1M | |
| Amounts due from related parties, current | $37.7K | $11.7K | |
| Assets held for sale, current | $2.7M | $7.7M | |
| Total current assets | $45.6M | $65.9M | |
| Long-term time deposit | $0 | $700.0K | |
| Long-term investments | $3.9M | $3.7M | |
| Investment in equity securities | $0 | $26.6M | |
| Property, plant and equipment, net | $15.9M | $17.4M | |
| Intangible assets, net | $6.1M | $6.2M | |
| Right-of-use assets | $1.9M | $9.9M | |
| Other non-current assets, net | $1.0M | $2.1M | |
| Total non-current assets | $28.8M | $66.6M | |
| Total Assets | $74.4M | $132.6M | |
| Accounts payable | $5.5M | $5.1M | |
| Short-term loans and current portion of long-term loans | $1.3M | $249.6K | |
| Accrued expenses and other current liabilities | $8.3M | $3.6M | |
| Contractual liabilities | $3.0M | $4.1M | |
| Operating lease liabilities, current | $1.4M | $3.4M | |
| Convertible promissory notes | $4.0M | $10.0M | |
| Deferred government grant, current | $110.4K | $100.1K | |
| Amounts due to a related party | $889.7K | $26.2K | |
| Liabilities held for sale, current | $2.1M | $2.5M | |
| Total current liabilities | $26.7M | $29.1M | |
| Long-term loans | $1.2M | $362.4K | |
| Deferred tax liabilities | $142.3K | $171.6K | |
| Deferred government grant, non-current | $1.7M | $1.8M | |
| Derivative liability - investor warrant | $0 | $12.1M | |
| Derivative liability - placement agent warrant | $3.5M | $3.5M | |
| Operating lease liabilities, non-current | $841.4K | $7.6M | |
| Total non-current liabilities | $7.4M | $25.5M | |
| Total Liabilities | $34.0M | $54.6M | |
| Common stock ($0.0001 par value; 1,465,214 and 514,444 shares issued and outstanding as of December 31, 2025 and 2024, respectively) | $147 | $51 | |
| Additional paid in capital | $437.7M | $405.8M | |
| Accumulated deficit | -$391.9M | -$318.9M | |
| Accumulated other comprehensive loss | -$5.6M | -$9.0M | |
| Total equity attributable to shareholders | $40.3M | $77.8M | |
| Non-controlling interests | $97.8K | $122.2K | |
| Total Equity | $40.4M | $78.0M | $121.9M |
| Total Liabilities and Equity | $74.4M | $132.6M | |
| Common stock, par value (in Dollars per share) | $0.00 | $0.00 | |
| Common stock, shares issued (in Shares) | 1.5M shares | 514.4K shares | 30.8M shares |
| Common stock, shares outstanding (in Shares) | 1.5M shares | 514.4K shares | 30.8M shares |
| Common stock, shares authorized (in Shares) | 1.5M shares | 514.4K shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net loss | -$73.0M | -$44.9M |
| Depreciation and amortization | $2.2M | $2.0M |
| Amortization of operating lease right-of-use asset | $1.9M | $4.6M |
| Written-down of inventories | $2.6M | $6.5M |
| Provision for credit losses | $6.0M | $393.9K |
| Loss from note amendment | $1.8M | $0 |
| Impairment of goodwill | $0 | $209.1K |
| Gain on exercise of warrants | $0 | -$900 |
| Changes in fair value of convertible promissory notes and derivative liabilities | $8.5M | -$7.2K |
| Changes in fair value of equity securities | $26.6M | -$1.0M |
| Foreign currency exchange loss, net | -$58.5K | $1.1M |
| Share-based compensation expense | $2.8M | $3.4M |
| (Gain) loss from disposal of plant and equipment | -$38.3K | $248.5K |
| Loss from early termination of lease contract | $717.6K | $2.2M |
| Loss from long-term investments | $97.9K | $293.7K |
| Loss on inventory write-off | $2.9M | $0 |
| Gain from disposal of Cenntro Electric CICS, S.R.L.s equity | -$1.2M | $0 |
| Income from short-term investment | $20.2K | -$90.0K |
| Loss from acquisition of Hezhe | $0 | $149.9K |
| Deferred income taxes | -$50.0K | -$47.9K |
| Accounts receivable | $57.5K | $1.3M |
| Inventories | $118.3K | $7.9M |
| Prepayment and other assets | $3.7M | -$195.4K |
| Other non-current assets | $310.9K | $0 |
| Amounts due from/to related parties | $87.5K | $289.2K |
| Accounts payable | $259.4K | $1.0K |
| Accrued expense and other current liabilities | $2.4M | -$1.7M |
| Contractual liabilities | -$689.7K | $491.1K |
| Operating lease liabilities | -$639.7K | -$4.5M |
| Net cash used in operating activities | -$12.6M | -$21.4M |
| Purchase of short-term investment | $0 | -$4.2M |
| Purchase of long-term time deposit | $0 | -$700.0K |
| Net of cash decrease from disposal of Cenntro Electric CICS, S.R.L. | -$10.7K | $0 |
| Proceeds from maturities of short-term investment | $0 | $8.4M |
| Purchase of plant and equipment | -$756.3K | -$846.1K |
| Loans provided to third parties | -$504.1K | $0 |
| Repayment of loans from third parties | $183.4K | $0 |
| Loans provided to related parties | -$27.8K | $0 |
| Repayment of loans from related parties | $27.8K | $0 |
| Net of cash acquired of 60% of Hezhes equity interests | $0 | -$355.4K |
| Cash dividend received | $0 | $55.6K |
| Proceeds from disposal of property, plant and equipment | $221.1K | $79.5K |
| Redemption of equity securities investment | $0 | $1.6M |
| Net cash (used in) provided by investing activities | -$866.7K | $4.1M |
| Proceeds from bank loans | $3.2M | $662.8K |
| Repayments of bank loans | -$809.8K | -$50.8K |
| Loans proceed from third parties | $2.1M | $708.8K |
| Repayment of loans from third parties | -$388.3K | -$90.0K |
| Loans proceed from related parties | $1.0M | $0 |
| Repayment of loans to related parties | -$160.0K | $0 |
| Net cash provided by financing activities | $4.9M | $1.2M |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | $315.0K | -$551.5K |
| Net decrease in cash, cash equivalents and restricted cash | -$8.3M | -$16.6M |
| Interest paid | $26.0K | $577.4K |
| Cashless exercise of warrants | $12.5M | $49.1K |
| Conversion of convertible bonds into shares | $16.7M | $0 |
| Acquisition of EEE Truck Solutions Group Inc.s shares with electric vehicles | $693.8K | $0 |
No quarter-by-quarter statement was filed.
Leadership
Who has led Cenntro Inc., and when. Pick a name to see everywhere that person has worked.
- Chief executive officerPeter Wang Jan 17, 2023 to Jan 17, 202311
- Chief financial officerEdmond Cheng Jan 11, 2023 to Jan 11, 202312
Board members and other officers (8)
- Chief Marketing OfficerMarianne McInerney Jan 11, 2023 to Jan 11, 202313
- Corporate SecretaryMathew Zauner Jan 11, 2023 to Jan 11, 202314
- Corporate SecretaryTony Wen Tsai Jan 11, 2023 to Jan 11, 202315
- TreasurerMing He Jan 17, 2023 to Jan 17, 202316
- Board memberChristopher Thorne Jan 11, 2023 to Jan 11, 202317
- Board memberJiawei Tong Jan 11, 2023 to Jan 11, 202318
- Board memberBenjamin B. Ge Jan 12, 2023 to Jan 12, 202319
- Board memberPeter Wang Jan 17, 2023 to Jan 17, 202311
Former names
Timeline
- Jan 17, 2023New chief executive Peter Wang becomes CEO11
Filings
143 filings to the SEC since October 2021: 7 annual reports, 11 quarterly reports, 43 major events, 11 insider forms, 6 large holders, 1 private raises, 64 other. The latest 20:
- Oct 15, 20268-K EDGAR
- Oct 13, 2026424B5 EDGAR
- Oct 7, 2026DEF 14C DEFINITIVE INFORMATION STATEMENTS EDGAR
- Sep 25, 2026PRE 14C PRELIMINARY INFORMATION STATEMENT NOT RELATED TO A CONTESTED MATTER OR MERGER/AC EDGAR
- Sep 17, 20268-K EDGAR
- Aug 31, 20268-K EDGAR
- Aug 14, 202610-Q EDGAR
- Jul 28, 20268-K EDGAR
- Jun 30, 2026DEF 14C EDGAR
- Jun 16, 2026PRE 14C EDGAR
- Jun 5, 20268-K EDGAR
- May 20, 20268-K EDGAR
- May 14, 202610-Q EDGAR
- May 1, 20268-K EDGAR
- Apr 15, 20268-K EDGAR
- Apr 15, 202610-K EDGAR
- Mar 31, 2026NT 10-K EDGAR
- Feb 12, 2026EFFECT EDGAR
- Feb 10, 2026CORRESP EDGAR
- Jan 29, 2026UPLOAD EDGAR
The 143 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last three years, summarized. The full record is on SEC EDGAR.
Insider trades and holders
Large holders
Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 6 such filings since October 2021:
- Apr 7, 2023SC 13D/A
- Apr 11, 2022SC 13G/A
- Feb 15, 2022SC 13G/A
- Feb 14, 2022SC 13G/A
- Jan 26, 2022SC 13D
- Jan 13, 2022SC 13D
From Forms 4 and Schedules 13D and 13G filed with the SEC.
Money raised
Private offerings the company reported to the SEC on Form D.
- Jul 20, 2022Raised $58.3 million in a private offering of securities Form D: 5 investors so far Form D
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Geode Capital Management, LLC | 23,015 | $81.9K | 0.0% | New |
| UBS Group AG | 20,916 | $74.5K | 0.0% | New |
| Citadel Advisors LLC | 15,867 | $56.5K | 0.0% | New |
| Vanguard Fiduciary Trust Co | 6,387 | $22.7K | 0.0% | New |
| Vanguard Capital Management LLC | 4,453 | $15.9K | 0.0% | New |
| Citigroup Inc | 2,401 | $8.5K | 0.0% | New |
| Tower Research Capital LLC (TRC) | 1,153 | $4.1K | 0.0% | New |
| Osaic Holdings, Inc. | 67 | $234 | 0.0% | New |
| Morgan Stanley | 14 | $50 | 0.0% | New |
| Bnp Paribas Financial Markets | 8 | $28 | 0.0% | New |
| Group One Trading LLC | 6 | $21 | 0.0% | New |
| Mountain Hill Investment Partners Corp. | 4 | $14 | 0.0% | New |
| Northwestern Mutual Wealth Management Co | 2 | $7 | 0.0% | New |
| National Bank Of Canada /fi/ | 1 | $4 | 0.0% | New |
| Allworth Financial LP | 1 | $4 | 0.0% | New |
| Russell Investments Group, Ltd. | 1 | $4 | 0.0% | New |
| Purpose Unlimited Inc. | 1 | $4 | 0.0% | New |
13F reports cover disclosed long positions in U.S. stocks only.
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARCenntro Inc. filings on SEC EDGAR
- 2SEC EDGARCenntro Inc. filings on SEC EDGAR
- 3SEC EDGARCenntro Inc. 10-K for fiscal 2025
- 4SEC EDGARCenntro Inc. 10-K for fiscal 2019
- 5SEC EDGARCenntro Inc. 10-K for fiscal 2021
- 6SEC EDGARCenntro Inc. 10-K for fiscal 2022
- 7SEC EDGARCenntro Inc. 10-K for fiscal 2023
- 8SEC EDGARCenntro Inc. 10-Q for fiscal 2025
- 9SEC EDGARCenntro Inc. 10-Q for fiscal 2026
- 10SEC EDGARCenntro Inc. 10-Q for fiscal 2026
- 11SEC EDGARPeter Wang, Chief executive officer
- 12
- 13
- 14SEC EDGARMathew Zauner, Corporate Secretary
- 15SEC EDGARTony Wen Tsai, Corporate Secretary
- 16SEC EDGARMing He, Treasurer
- 17SEC EDGARChristopher Thorne, Board member
- 18SEC EDGARJiawei Tong, Board member
- 19SEC EDGARBenjamin B. Ge, Board member