Cenntro Electric Group Limited (CENN) Balance Sheet
CENN balance sheet, 2025
December 31, 2025 · U.S. dollars$74.4M assets = $34.0M liabilities + $40.4M equity
Both columns are drawn to the same scale: what CENN owns equals what it owes plus shareholders’ equity. Hover a block for its value.
CENN financial health
Descriptive bands, not a rating. Fiscal 2025.
CENN balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $3.7M2016 | $74.4M2025 | +39.6%/yr | |
| Total liabilities | $2.4M2016 | $34.0M2025 | +34.5%/yr | |
| Shareholders’ equity | $1.3M2016 | $40.3M2025 | +46.2%/yr | |
| Cash & short-term investments | $879,0142016 | $4.5M2025 | +19.8%/yr | |
| Total debt | $559,2262016 | $11.2M2025 | +39.6%/yr | |
| Net cash (debt) | $319,7882016 | −$6.7M2025 | −$7.1M | |
| Working capital | $1.3M2016 | $19.0M2025 | +$17.7M | |
| Current ratio | 1.552016 | 1.712025 | +0.16 | |
| Debt / equity | 0.422016 | 0.282025 | −0.14 |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
CENN assets
CENN liabilities and equity
CENN debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
CENN balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $4.5M | $12.5M | $33.0M | $154.0M | $261.1M | $4.5M | $1.2M | $1.4M | $1.4M | $879,014 |
| Cash & equivalents | $4.5M | $12.5M | $28.8M | $154.0M | $261.1M | $4.5M | $1.2M | $1.4M | $1.4M | $879,014 |
| Short-term investments | $0 | $27.3M | $4.2M | −$29.8M | — | — | — | — | — | — |
| Receivables | $7.8M | $8.6M | $9.0M | $6.8M | $7.3M | $463,333 | $2.5M | $5.6M | $1.3M | $0 |
| Inventory | $21.9M | $24.0M | $29.2M | $31.8M | $8.1M | $4.2M | $6.6M | $14.6M | $1.6M | $2.2M |
| Other current assets | $11.5M | $20.8M | $33.8M | $10.4M | $4.6M | $10.9M | $855,575 | $1.6M | $198,545 | $496,721 |
| Total current assets | $45.6M | $65.9M | $104.9M | $203.0M | $281.1M | $20.1M | $11.2M | $23.1M | $4.5M | $3.6M |
| Property, plant & equipment (net) | $17.8M | $27.3M | $40.1M | $23.1M | $3.0M | $1.5M | $14.9M | $2.6M | $0 | $0 |
| Goodwill & intangible assets | $6.1M | $6.2M | $7.1M | $4.6M | $3,313 | $45,430 | $15.6M | $1.6M | $0 | $0 |
| Long-term investments | $3.9M | $31.0M | $30.8M | $35.1M | $329,197 | $0 | $327,371 | $0 | $0 | $0 |
| Other non-current assets | $1.0M | $2.1M | $2.7M | $2.0M | $7.0M | $1.1M | $110,127 | $25.6M | $80,875 | $80,875 |
| Total assets | $74.4M | $132.6M | $185.5M | $267.8M | $291.4M | $22.8M | $42.2M | $52.9M | $4.6M | $3.7M |
| Liabilities | ||||||||||
| Accounts payable | $5.5M | $5.1M | $4.9M | $3.4M | $3.7M | $3.7M | $7.2M | $16.4M | $375,252 | $897,474 |
| Short-term debt | $9.2M | $14.4M | $14.3M | $58.7M | $3.0M | $6.8M | $19.1M | $14.5M | $3,450 | $559,226 |
| Deferred revenue | $3.1M | $4.2M | $2.6M | $2.4M | $1.9M | $1.7M | $1.9M | $97,105 | $6,070 | $5,468 |
| Total current liabilities | $26.7M | $29.1M | $29.3M | $70.2M | $26.4M | $14.5M | $33.3M | $43.6M | $603,861 | $2.3M |
| Long-term debt | $1.2M | $362,386 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $2.3M | $11.0M | $20.5M | $8.7M | $1.3M | $487,157 | $730,580 | — | — | — |
| Other long-term liabilities | $6.2M | $25.1M | $34.4M | $25.7M | $1.2M | $356,143 | $456,590 | $2.1M | $0 | $37,036 |
| Total liabilities | $34.0M | $54.6M | $63.7M | $96.0M | $27.6M | $14.9M | $33.8M | $45.6M | $603,861 | $2.4M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $147 | — | — | — | — | $1,000 | $1,000 | $93.1M | $10,342 | $6,561 |
| Retained earnings (deficit) | −$391.9M | −$318.9M | −$274.0M | −$219.8M | −$109.7M | −$93.3M | −$88.1M | −$84.4M | −$63.0M | −$57.2M |
| Accumulated other comprehensive income | −$5.6M | −$9.0M | −$6.4M | −$5.3M | −$1.4M | −$1.9M | −$3.2M | −$1.4M | $7,896 | $1.7M |
| Minority interest | $97,809 | $122,212 | −$4,240 | −$477,135 | — | — | — | — | — | — |
| Total shareholders' equity | $40.3M | $77.8M | $121.9M | $172.4M | $263.8M | $7.9M | $8.4M | $7.3M | $4.0M | $1.3M |
| Key figures | ||||||||||
| Total debt | $11.2M | $22.3M | $30.6M | $66.1M | $3.5M | $7.2M | $19.6M | $14.5M | $3,450 | $559,226 |
| Net cash (debt) | −$6.7M | −$9.8M | $2.4M | $87.9M | $257.6M | −$2.6M | −$18.4M | −$13.2M | $1.4M | $319,788 |
| Working capital | $19.0M | $36.8M | $75.6M | $132.8M | $254.7M | $5.6M | −$22.1M | −$20.4M | $3.9M | $1.3M |
| Tangible book value | $34.1M | $71.6M | $114.8M | $167.8M | $263.8M | $7.8M | −$7.2M | $5.7M | $4.0M | $1.3M |
| Current ratio | 1.71 | 2.26 | 3.58 | 2.89 | 10.65 | 1.39 | 0.34 | 0.53 | 7.43 | 1.55 |
| Quick ratio | 0.46 | 0.73 | 1.43 | 2.29 | 10.17 | 0.34 | 0.11 | 0.16 | 4.48 | 0.38 |
| Debt / equity | 0.28 | 0.29 | 0.25 | 0.38 | 0.01 | 0.91 | 2.33 | 1.99 | 0.00 | 0.42 |
| Equity / assets | 54.1% | 58.7% | 65.7% | 64.4% | 90.5% | 34.7% | 19.9% | 13.8% | 86.8% | 35.8% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $4.4M | $3.6M | $4.5M | $4.4M | $6.0M | $8.5M | $12.6M | $21.8M | $20.4M | $24.4M | $33.0M | $44.6M |
| Cash & equivalents | $4.4M | $3.6M | $4.5M | $4.4M | $6.0M | $8.5M | $12.5M | $21.8M | $16.2M | $20.3M | $28.8M | $44.6M |
| Short-term investments | — | — | $0 | $1,022 | $0 | $5,504 | $5,505 | $9,647 | $4.1M | $4.2M | $4.2M | −$3.6M |
| Receivables | $1.5M | $1.2M | $1.3M | $6.5M | $9.2M | $8.9M | $3.3M | $10.2M | $14.3M | $11.4M | $2.5M | $10.9M |
| Inventory | $18.4M | $22.0M | $21.9M | $24.3M | $25.4M | $25.3M | $24.0M | $35.9M | $41.3M | $43.8M | $29.2M | $43.1M |
| Other current assets | $17.3M | $18.1M | $17.9M | $17.1M | $18.0M | $20.3M | $26.1M | $16.9M | $15.6M | $15.1M | $40.2M | $11.5M |
| Total current assets | $41.6M | $45.0M | $45.6M | $52.3M | $58.6M | $62.9M | $65.9M | $84.8M | $91.6M | $94.7M | $104.9M | $110.2M |
| Property, plant & equipment (net) | $16.7M | $17.3M | $17.8M | $22.0M | $26.7M | $26.9M | $27.3M | $36.2M | $37.7M | $38.9M | $40.1M | $40.8M |
| Goodwill & intangible assets | $5.4M | $6.1M | $6.1M | $6.2M | $6.2M | $6.2M | $6.2M | $6.8M | $6.7M | $6.9M | $7.1M | $6.4M |
| Long-term investments | $3.9M | $3.9M | $3.9M | $31.2M | $30.9M | $31.3M | $31.0M | $30.4M | $30.3M | $30.4M | $30.8M | $32.2M |
| Other non-current assets | $787,732 | $1.0M | $1.0M | $1.1M | $1.9M | $2.0M | $2.1M | $1.6M | $1.5M | $2.1M | $2.7M | $2.4M |
| Total assets | $68.4M | $73.3M | $74.4M | $112.7M | $124.4M | $129.3M | $132.6M | $159.8M | $167.8M | $173.0M | $185.5M | $191.9M |
| Liabilities | ||||||||||||
| Accounts payable | $4.7M | $4.8M | $5.5M | $2.6M | $3.0M | $4.8M | $5.1M | $6.2M | $6.6M | $6.6M | $4.9M | $4.8M |
| Short-term debt | $10.4M | $9.3M | — | $13.5M | $17.9M | $14.8M | — | $14.8M | $14.7M | $14.4M | — | $14.5M |
| Deferred revenue | $5.7M | $4.5M | — | $3.8M | $4.9M | $5.2M | — | $5.1M | $5.6M | $2.8M | — | $3.1M |
| Total current liabilities | $25.2M | $26.6M | $26.7M | $27.4M | $32.6M | $31.0M | $29.1M | $31.4M | $30.9M | $27.2M | $29.3M | $26.2M |
| Long-term debt | $3.5M | $3.0M | $1.2M | $0 | $0 | $339,307 | $362,386 | $361,400 | $366,589 | $0 | $0 | $0 |
| Lease obligations | $1.4M | $2.1M | $2.3M | $7.1M | $11.5M | $10.6M | $11.0M | $17.9M | $19.1M | $19.8M | $20.5M | $21.6M |
| Other long-term liabilities | $5.7M | $6.0M | $6.2M | $9.2M | $12.0M | $24.6M | $25.1M | $31.2M | $32.4M | $33.3M | $34.4M | $33.7M |
| Total liabilities | $34.4M | $35.6M | $34.0M | $36.6M | $44.7M | $55.9M | $54.6M | $63.0M | $63.7M | $60.5M | $63.7M | $59.9M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $247 | $147 | — | — | — | — | — | — | — | — | — | — |
| Retained earnings (deficit) | −$406.3M | −$395.8M | −$391.9M | −$341.1M | −$334.4M | −$324.5M | −$318.9M | −$301.4M | −$292.4M | −$283.3M | −$274.0M | −$261.0M |
| Accumulated other comprehensive income | −$2.0M | −$5.1M | — | −$7.5M | −$7.5M | −$8.6M | — | −$6.9M | −$7.8M | −$7.4M | — | −$8.7M |
| Minority interest | $39,084 | $84,163 | $97,809 | $110,522 | $118,729 | — | — | — | — | — | — | — |
| Total shareholders' equity | $33.9M | $37.5M | $40.3M | $76.0M | $79.6M | $73.3M | $77.8M | $96.7M | $103.8M | $112.5M | $121.9M | $132.0M |
| Key figures | ||||||||||||
| Total debt | $14.5M | $13.0M | $1.2M | $17.3M | $24.5M | $22.1M | $362,386 | $28.5M | $29.6M | $29.7M | — | $31.6M |
| Net cash (debt) | −$10.1M | −$9.4M | $3.3M | −$12.9M | −$18.5M | −$13.6M | $12.2M | −$6.6M | −$9.2M | −$5.3M | — | $13.1M |
| Working capital | $16.4M | $18.4M | $19.0M | $24.9M | $26.0M | $31.9M | $36.8M | $53.3M | $60.6M | $67.5M | $75.6M | $84.0M |
| Tangible book value | $28.6M | $31.5M | $34.1M | $69.9M | $73.4M | $67.1M | $71.6M | $89.9M | $97.1M | $105.7M | $114.8M | $125.6M |
| Book value per share | — | — | — | — | — | — | — | — | — | — | $3.95 | — |
| Shares outstanding | — | — | — | — | — | — | — | — | — | — | 30.8M | — |
| Current ratio | 1.65 | 1.69 | 1.71 | 1.91 | 1.80 | 2.03 | 2.26 | 2.70 | 2.96 | 3.48 | 3.58 | 4.21 |
| Quick ratio | 0.23 | 0.18 | 0.22 | 0.40 | 0.47 | 0.56 | 0.54 | 1.02 | 1.12 | 1.32 | 1.21 | 2.12 |
| Debt / equity | 0.43 | 0.35 | 0.03 | 0.23 | 0.31 | 0.30 | 0.00 | 0.29 | 0.28 | 0.26 | — | 0.24 |
| Equity / assets | 49.6% | 51.3% | 54.1% | 67.5% | 64.0% | 56.7% | 58.7% | 60.5% | 61.9% | 65.0% | 65.7% | 68.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed April 15, 2026); data from EODHD.
CENN financial position
At the end of fiscal 2025 (December 31, 2025), Cenntro Electric had total assets of $74.4 million (down 43.9% from a year earlier), total liabilities of $34.0 million and shareholders' equity of $40.3 million. It held $4.5 million in cash and short-term investments against $11.2 million of debt, net debt of $6.7 million. Its current ratio was 1.71. In the latest quarter (ended June 30, 2026) total assets were $68.4 million and equity $33.9 million.
Related: CENN income statement, CENN cash flow statement, CENN key metrics. See the CENN stock overview for the latest quote and news.
CENN balance sheet FAQ
What are Cenntro Electric's total assets?
Cenntro Electric reported total assets of $74.4 million at the end of fiscal 2025 (December 31, 2025), compared with $132.6 million a year earlier.
How much debt does Cenntro Electric have?
Cenntro Electric had $11.2 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.28.
How much cash does Cenntro Electric have?
Cenntro Electric held $4.5 million in cash and short-term investments at the end of fiscal 2025; with $11.2 million of debt that is net debt of $6.7 million.
What is Cenntro Electric's book value?
Cenntro Electric's shareholders' equity (book value) was $40.3 million at the end of fiscal 2025.
What is Cenntro Electric's current ratio?
Cenntro Electric had current assets of $45.6 million and current liabilities of $26.7 million, a current ratio of 1.71 (it can cover its short-term obligations).
How much goodwill does Cenntro Electric have?
Cenntro Electric carried $6.1 million of goodwill and intangible assets, 8.3% of total assets, at the end of fiscal 2025.