Cenntro Net Working Capital vs Intangible Assets Analysis

CENN Stock

USD 0.49 0.04 7.55%

Cenntro Electric financial indicator trend analysis is way more than just evaluating Cenntro Electric prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cenntro Electric is a good investment. Please check the relationship between Cenntro Electric Net Working Capital and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cenntro Electric Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Working Capital vs Intangible Assets

Net Working Capital vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cenntro Electric Net Working Capital account and Intangible Assets. At this time, the significance of the direction appears to have pay attention.

The correlation between Cenntro Electric's Net Working Capital and Intangible Assets is -0.77. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Cenntro Electric Group, assuming nothing else is changed. The correlation between historical values of Cenntro Electric's Net Working Capital and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Working Capital of Cenntro Electric Group are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Net Working Capital i.e., Cenntro Electric's Net Working Capital and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.77

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Net Working Capital

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Most indicators from Cenntro Electric's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cenntro Electric current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cenntro Electric Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

As of the 3rd of August 2025, Enterprise Value is likely to grow to about 44.9 M, though Tax Provision is likely to grow to (33.7 K).

	2022	2023	2024	2025 (projected)
Total Revenue	8.9M	10.4M	31.3M	32.9M
Interest Expense	844.2K	402.4K	183.7K	174.5K

Total Revenue Interest Expense

Cenntro Electric fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue	Good Will	Capital Lease Obligations
Total Assets		0.69	0.81	0.75	0.98	0.61	-0.73	-0.65	0.26	0.86	0.65	-0.36	0.86	0.68	0.76	0.57	0.72	0.59	0.86	0.78	0.97	0.64	-0.05	0.72	-0.72	0.58
Short Long Term Debt Total	0.69		0.37	0.9	0.53	0.75	-0.12	-0.67	0.35	0.36	0.79	-0.55	0.37	0.56	0.58	0.71	0.83	0.57	0.66	0.95	0.54	0.97	0.04	0.66	-0.62	0.64
Other Current Liab	0.81	0.37		0.67	0.81	0.3	-0.72	-0.41	0.62	0.77	0.42	0.04	0.77	0.68	0.56	0.21	0.48	0.33	0.58	0.57	0.83	0.37	0.39	0.57	-0.57	0.26
Total Current Liabilities	0.75	0.9	0.67		0.61	0.62	-0.28	-0.63	0.66	0.49	0.75	-0.33	0.49	0.67	0.57	0.53	0.75	0.49	0.63	0.95	0.64	0.91	0.34	0.66	-0.67	0.48
Total Stockholder Equity	0.98	0.53	0.81	0.61		0.48	-0.85	-0.54	0.14	0.93	0.5	-0.3	0.93	0.61	0.71	0.45	0.59	0.49	0.81	0.63	0.99	0.48	-0.13	0.67	-0.66	0.47
Property Plant And Equipment Net	0.61	0.75	0.3	0.62	0.48		0.04	-0.86	0.28	0.15	0.92	-0.31	0.16	0.61	0.68	0.88	0.94	0.84	0.78	0.81	0.41	0.6	-0.12	0.59	-0.67	0.95
Net Debt	-0.73	-0.12	-0.72	-0.28	-0.85	0.04		0.04	0.05	-0.97	0.03	0.14	-0.97	-0.29	-0.34	0.06	-0.09	0.0	-0.42	-0.2	-0.87	-0.15	0.13	-0.45	0.34	0.04
Retained Earnings	-0.65	-0.67	-0.41	-0.63	-0.54	-0.86	0.04		-0.33	-0.21	-0.95	0.25	-0.22	-0.72	-0.87	-0.9	-0.83	-0.97	-0.91	-0.77	-0.48	-0.56	0.07	-0.39	0.76	-0.85
Accounts Payable	0.26	0.35	0.62	0.66	0.14	0.28	0.05	-0.33		0.04	0.46	0.27	0.04	0.51	0.2	0.13	0.42	0.23	0.17	0.53	0.16	0.36	0.84	0.24	-0.3	0.17
Cash	0.86	0.36	0.77	0.49	0.93	0.15	-0.97	-0.21	0.04		0.18	-0.27	1.0	0.41	0.47	0.13	0.29	0.15	0.56	0.42	0.95	0.38	-0.11	0.58	-0.48	0.13
Non Current Assets Total	0.65	0.79	0.42	0.75	0.5	0.92	0.03	-0.95	0.46	0.18		-0.31	0.18	0.65	0.75	0.92	0.91	0.92	0.84	0.87	0.45	0.68	0.06	0.48	-0.7	0.88
Non Currrent Assets Other	-0.36	-0.55	0.04	-0.33	-0.3	-0.31	0.14	0.25	0.27	-0.27	-0.31		-0.27	-0.13	-0.36	-0.42	-0.28	-0.26	-0.36	-0.42	-0.32	-0.54	0.46	-0.41	0.41	-0.29
Cash And Short Term Investments	0.86	0.37	0.77	0.49	0.93	0.16	-0.97	-0.22	0.04	1.0	0.18	-0.27		0.42	0.48	0.14	0.3	0.16	0.57	0.43	0.96	0.38	-0.11	0.59	-0.48	0.14
Net Receivables	0.68	0.56	0.68	0.67	0.61	0.61	-0.29	-0.72	0.51	0.41	0.65	-0.13	0.42		0.87	0.52	0.71	0.62	0.72	0.69	0.6	0.48	0.14	0.68	-0.82	0.59
Common Stock Shares Outstanding	0.76	0.58	0.56	0.57	0.71	0.68	-0.34	-0.87	0.2	0.47	0.75	-0.36	0.48	0.87		0.74	0.72	0.83	0.92	0.67	0.68	0.48	-0.2	0.57	-0.86	0.72
Non Current Liabilities Total	0.57	0.71	0.21	0.53	0.45	0.88	0.06	-0.9	0.13	0.13	0.92	-0.42	0.14	0.52	0.74		0.87	0.94	0.82	0.75	0.4	0.56	-0.15	0.35	-0.55	0.94
Inventory	0.72	0.83	0.48	0.75	0.59	0.94	-0.09	-0.83	0.42	0.29	0.91	-0.28	0.3	0.71	0.72	0.87		0.8	0.78	0.91	0.54	0.69	0.1	0.63	-0.61	0.93
Other Current Assets	0.59	0.57	0.33	0.49	0.49	0.84	0.0	-0.97	0.23	0.15	0.92	-0.26	0.16	0.62	0.83	0.94	0.8		0.88	0.68	0.43	0.42	-0.12	0.3	-0.65	0.89
Other Stockholder Equity	0.86	0.66	0.58	0.63	0.81	0.78	-0.42	-0.91	0.17	0.56	0.84	-0.36	0.57	0.72	0.92	0.82	0.78	0.88		0.74	0.77	0.56	-0.24	0.56	-0.83	0.78
Total Liab	0.78	0.95	0.57	0.95	0.63	0.81	-0.2	-0.77	0.53	0.42	0.87	-0.42	0.43	0.69	0.67	0.75	0.91	0.68	0.74		0.63	0.9	0.2	0.66	-0.68	0.72
Total Current Assets	0.97	0.54	0.83	0.64	0.99	0.41	-0.87	-0.48	0.16	0.95	0.45	-0.32	0.96	0.6	0.68	0.4	0.54	0.43	0.77	0.63		0.52	-0.09	0.66	-0.64	0.39
Short Term Debt	0.64	0.97	0.37	0.91	0.48	0.6	-0.15	-0.56	0.36	0.38	0.68	-0.54	0.38	0.48	0.48	0.56	0.69	0.42	0.56	0.9	0.52		0.1	0.61	-0.58	0.45
Common Stock	-0.05	0.04	0.39	0.34	-0.13	-0.12	0.13	0.07	0.84	-0.11	0.06	0.46	-0.11	0.14	-0.2	-0.15	0.1	-0.12	-0.24	0.2	-0.09	0.1		-0.15	0.23	-0.13
Current Deferred Revenue	0.72	0.66	0.57	0.66	0.67	0.59	-0.45	-0.39	0.24	0.58	0.48	-0.41	0.59	0.68	0.57	0.35	0.63	0.3	0.56	0.66	0.66	0.61	-0.15		-0.75	0.48
Good Will	-0.72	-0.62	-0.57	-0.67	-0.66	-0.67	0.34	0.76	-0.3	-0.48	-0.7	0.41	-0.48	-0.82	-0.86	-0.55	-0.61	-0.65	-0.83	-0.68	-0.64	-0.58	0.23	-0.75		-0.54
Capital Lease Obligations	0.58	0.64	0.26	0.48	0.47	0.95	0.04	-0.85	0.17	0.13	0.88	-0.29	0.14	0.59	0.72	0.94	0.93	0.89	0.78	0.72	0.39	0.45	-0.13	0.48	-0.54

Click cells to compare fundamentals

Cenntro Electric Account Relationship Matchups

Cenntro Electric fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	22.8M	291.4M	267.8M	185.5M	132.6M	101.3M
Short Long Term Debt Total	7.2M	3.5M	66.1M	31.0M	22.3M	16.7M
Other Current Liab	4.0M	19.7M	8.1M	7.7M	4.8M	6.3M
Total Current Liabilities	14.5M	26.4M	70.2M	29.3M	29.1M	25.2M
Total Stockholder Equity	7.9M	263.8M	172.4M	121.9M	77.8M	66.7M
Property Plant And Equipment Net	1.5M	3.0M	23.1M	40.4M	27.3M	13.8M
Net Debt	2.6M	(257.6M)	(87.9M)	1.7M	9.8M	10.3M
Retained Earnings	(93.3M)	(109.7M)	(219.8M)	(274.0M)	(318.9M)	(302.9M)
Accounts Payable	3.7M	3.7M	3.4M	4.9M	5.1M	4.6M
Cash	4.5M	261.1M	154.0M	29.4M	12.5M	11.9M
Non Current Assets Total	2.6M	10.3M	64.8M	80.6M	66.6M	70.0M
Non Currrent Assets Other	1.1M	7.0M	(22.7M)	2.2M	2.1M	1.3M
Cash And Short Term Investments	4.5M	261.1M	154.0M	33.6M	12.5M	11.9M
Net Receivables	10.4M	7.3M	6.8M	9.0M	7.5M	5.6M
Liabilities And Stockholders Equity	22.8M	291.4M	267.8M	185.5M	132.6M	101.3M
Non Current Liabilities Total	356.1K	1.2M	25.7M	34.4M	25.5M	26.8M
Inventory	4.2M	8.1M	31.8M	43.9M	24.0M	13.8M
Other Current Assets	992.5K	4.6M	10.4M	20.9M	20.5M	21.5M
Other Stockholder Equity	103.1M	374.9M	397.5M	402.3M	405.8M	426.0M
Total Liab	14.9M	27.6M	96.0M	63.7M	54.6M	34.6M
Total Current Assets	20.1M	281.1M	203.0M	104.9M	65.9M	72.7M
Accumulated Other Comprehensive Income	(1.9M)	(1.4M)	(5.3M)	(6.4M)	(9.0M)	(8.6M)
Short Term Debt	6.8M	3.0M	58.7M	14.2M	14.4M	13.2M
Current Deferred Revenue	1.7M	1.9M	2.4M	2.6M	100.1K	95.1K
Capital Lease Obligations	487.2K	1.3M	8.7M	20.5M	11.0M	7.9M
Net Invested Capital	14.6M	265.9M	229.7M	131.9M	89.1M	139.1M
Long Term Investments	0.0	329.2K	35.1M	30.8M	31.0M	17.9M
Property Plant And Equipment Gross	4.3M	5.8M	26.6M	45.7M	34.3M	25.1M
Short Long Term Debt	6.7M	2.2M	57.4M	10.1M	10.9M	19.4M
Net Working Capital	5.6M	254.7M	132.8M	75.6M	36.8M	35.0M
Intangible Assets	45.4K	3.3K	4.6M	6.9M	6.2M	4.4M

Pair Trading with Cenntro Electric

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cenntro Electric position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cenntro Electric will appreciate offsetting losses from the drop in the long position's value.

Moving against Cenntro Stock

0.82	VC	Visteon Corp	Pair Corr
0.78	INVZ	Innoviz Technologies	Pair Corr
0.74	FLYE	Fly E Group,	Pair Corr
0.71	ADNT	Adient PLC Earnings Call This Week	Pair Corr
0.65	GNTX	Gentex	Pair Corr

The ability to find closely correlated positions to Cenntro Electric could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cenntro Electric when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cenntro Electric - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cenntro Electric Group to buy it.

The correlation of Cenntro Electric is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cenntro Electric moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cenntro Electric moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Cenntro Electric can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

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:

How To Invest In Cenntro

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Is Cenntro Stock a good investment?

Details

What is Cenntro Electric's Net Worth?

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Largest Automotive Parts & Equipment Companies

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Largest Automobiles & Components Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cenntro Electric Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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

(1.00)

Revenue Per Share

1.008

Quarterly Revenue Growth

(0.09)

Return On Assets

(0.12)

Return On Equity

(0.34)

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.

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Cenntro Net Working Capital vs Intangible Assets Analysis

Net Working Capital vs Intangible Assets

Net Working Capital vs Intangible Assets Correlation Analysis

Correlation Coefficient

Net Working Capital

Intangible Assets

Cenntro Electric fundamental ratios Correlations

Cenntro Electric Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Cenntro Electric fundamental ratios Accounts

Pair Trading with Cenntro Electric

Moving against Cenntro Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 0.99	Total Stockholder Equity
Total Stockholder Equity	+ 0.98	Total Assets
Total Current Assets	+ 0.97	Total Assets
Short Term Debt	+ 0.97	Short Long Term Debt Total
Total Current Assets	+ 0.96	Cash And Short Term Investments

Other Current Assets	- 0.97	Retained Earnings
Cash And Short Term Investments	- 0.97	Net Debt
Cash	- 0.97	Net Debt
Non Current Assets Total	- 0.95	Retained Earnings
Other Stockholder Equity	- 0.91	Retained Earnings
Non Current Liabilities Total	- 0.9	Retained Earnings