Cenntro Tangible Book Value Per Share from 2010 to 2024

CENN Stock  USD 1.19  0.02  1.65%   
Cenntro Electric Tangible Book Value Per Share yearly trend continues to be very stable with very little volatility. Tangible Book Value Per Share is likely to drop to 3.58. During the period from 2010 to 2024, Cenntro Electric Tangible Book Value Per Share quarterly data regression pattern had sample variance of 1.5 T and median of  3.58. View All Fundamentals
 
Tangible Book Value Per Share  
First Reported
2010-12-31
Previous Quarter
3.77219445
Current Value
3.58
Quarterly Volatility
1.2 M
 
Credit Downgrade
 
Yuan Drop
 
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 Tangible Book Value Per Share Growth Pattern

Below is the plot of the Tangible Book Value Per Share of Cenntro Electric Group over the last few years. It is Cenntro Electric's Tangible Book Value Per Share 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.
Tangible Book Value Per Share10 Years Trend
Slightly volatile
   Tangible Book Value Per Share   
       Timeline  

Cenntro Tangible Book Value Per Share Regression Statistics

Arithmetic Mean(70,488)
Geometric Mean10,087
Coefficient Of Variation(1,750)
Mean Deviation842,236
Median3.58
Standard Deviation1,233,301
Sample Variance1.5T
Range4.1M
R-Value0.35
Mean Square Error1.4T
R-Squared0.12
Significance0.20
Slope96,846
Total Sum of Squares21.3T

Cenntro Tangible Book Value Per Share History

2024 3.58
2023 3.77
2022 6.35
2021 10.1
2020 0.3
2019 -6926.3
201835 K

About Cenntro Electric Financial Statements

Cenntro Electric investors utilize fundamental indicators, such as Tangible Book Value Per Share, 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
Tangible Book Value Per Share 3.77  3.58 
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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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.