Cenntro Gross Profit from 2010 to 2024

CENN Stock  USD 1.23  0.07  5.38%   
Cenntro Electric Gross Profit yearly trend continues to be very stable with very little volatility. Gross Profit is likely to grow to about 2.3 M this year. Gross Profit is the profit Cenntro Electric Group makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2016-06-30
Previous Quarter
1.2 M
Current Value
M
Quarterly Volatility
803 K
 
Covid
Check Cenntro Electric financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cenntro Electric's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.4 M, Interest Expense of 382.3 K or Total Revenue of 14.5 M, as well as many indicators such as Price To Sales Ratio of 1.89, Dividend Yield of 0.0 or PTB Ratio of 0.34. Cenntro financial statements analysis is a perfect complement when working with Cenntro Electric Valuation or Volatility modules.
  
Check out the analysis of Cenntro Electric Correlation against competitors.

Latest Cenntro Electric's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Cenntro Electric Group over the last few years. Gross profit is a required income statement account that reflects total revenue of Cenntro Electric Group minus its cost of goods sold. It is profit before Cenntro Electric operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Cenntro Electric's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cenntro Electric's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.5 M10 Years Trend
Pretty Stable
   Gross Profit   
       Timeline  

Cenntro Gross Profit Regression Statistics

Arithmetic Mean2,008,151
Coefficient Of Variation307.83
Mean Deviation3,019,383
Median80,775
Standard Deviation6,181,716
Sample Variance38.2T
Range24.6M
R-Value0.17
Mean Square Error40T
R-Squared0.03
Significance0.55
Slope232,319
Total Sum of Squares535T

Cenntro Gross Profit History

20242.3 M
20232.3 M
2022-514 K
20211.5 M
2020570.2 K
2019-123.9 K
201824.1 M

Other Fundumenentals of Cenntro Electric

Cenntro Electric Gross Profit component correlations

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0.98-0.88-0.60.160.60.630.990.45-0.120.54-0.670.930.470.28-0.870.97-0.740.83-0.190.880.25
-0.77-0.880.160.04-0.39-0.25-0.89-0.180.14-0.140.39-0.67-0.030.170.58-0.790.59-0.51-0.13-0.570.13
-0.7-0.60.16-0.39-0.65-0.79-0.57-0.580.04-0.940.78-0.79-0.95-0.860.88-0.710.66-0.90.75-0.85-0.81
0.280.160.04-0.390.530.550.170.350.830.32-0.320.190.210.18-0.20.17-0.160.21-0.190.210.23
0.660.6-0.39-0.650.530.630.610.470.190.61-0.80.580.430.23-0.590.64-0.880.57-0.260.590.31
0.780.63-0.25-0.790.550.630.640.890.230.62-0.660.720.730.65-0.720.6-0.50.7-0.270.750.37
0.970.99-0.89-0.570.170.610.640.5-0.090.49-0.650.90.440.25-0.850.95-0.750.8-0.150.850.19
0.610.45-0.18-0.580.350.470.890.50.110.39-0.540.470.570.52-0.510.37-0.370.48-0.080.490.07
-0.04-0.120.140.040.830.190.23-0.090.11-0.170.22-0.15-0.13-0.10.16-0.160.18-0.160.1-0.16-0.11
0.60.54-0.14-0.940.320.610.620.490.39-0.17-0.840.730.880.79-0.830.69-0.680.87-0.840.790.88
-0.72-0.670.390.78-0.32-0.8-0.66-0.65-0.540.22-0.84-0.7-0.62-0.450.74-0.730.84-0.740.46-0.72-0.49
0.950.93-0.67-0.790.190.580.720.90.47-0.150.73-0.70.720.57-0.960.96-0.710.94-0.430.990.54
0.580.47-0.03-0.950.210.430.730.440.57-0.130.88-0.620.720.97-0.830.58-0.50.86-0.790.780.83
0.410.280.17-0.860.180.230.650.250.52-0.10.79-0.450.570.97-0.690.4-0.280.73-0.780.650.82
-0.9-0.870.580.88-0.2-0.59-0.72-0.85-0.510.16-0.830.74-0.96-0.83-0.69-0.930.75-0.990.61-0.96-0.65
0.950.97-0.79-0.710.170.640.60.950.37-0.160.69-0.730.960.580.4-0.93-0.80.91-0.390.930.45
-0.73-0.740.590.66-0.16-0.88-0.5-0.75-0.370.18-0.680.84-0.71-0.5-0.280.75-0.8-0.730.38-0.7-0.38
0.860.83-0.51-0.90.210.570.70.80.48-0.160.87-0.740.940.860.73-0.990.91-0.73-0.690.950.72
-0.23-0.19-0.130.75-0.19-0.26-0.27-0.15-0.080.1-0.840.46-0.43-0.79-0.780.61-0.390.38-0.69-0.49-0.94
0.920.88-0.57-0.850.210.590.750.850.49-0.160.79-0.720.990.780.65-0.960.93-0.70.95-0.490.61
0.30.250.13-0.810.230.310.370.190.07-0.110.88-0.490.540.830.82-0.650.45-0.380.72-0.940.61
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About Cenntro Electric Financial Statements

Cenntro Electric investors utilize fundamental indicators, such as Gross Profit, to predict how Cenntro Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Gross Profit2.3 M2.3 M
Gross Profit Margin 0.10  0.06 
When determining whether Cenntro Electric offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cenntro Electric's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cenntro Electric Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cenntro Electric Group Stock:
Check out the analysis of Cenntro Electric Correlation against competitors.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Automotive Parts & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cenntro Electric. If investors know Cenntro will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cenntro Electric listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.32)
Revenue Per Share
1.2
Quarterly Revenue Growth
1.903
Return On Assets
(0.15)
Return On Equity
(0.35)
The market value of Cenntro Electric is measured differently than its book value, which is the value of Cenntro that is recorded on the company's balance sheet. Investors also form their own opinion of Cenntro Electric's value that differs from its market value or its book value, called intrinsic value, which is Cenntro Electric's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cenntro Electric's market value can be influenced by many factors that don't directly affect Cenntro Electric's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cenntro Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cenntro Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cenntro Electric's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.