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Cenntro Electric Group Ltd
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Let's analyse Cenntro Electric Group Ltd together

PenkeI guess you are interested in Cenntro Electric Group Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Cenntro Electric Group Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Cenntro Electric Group Ltd (30 sec.)










What can you expect buying and holding a share of Cenntro Electric Group Ltd? (30 sec.)

How much money do you get?

How much money do you get?
$0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
$0.43
Expected worth in 1 year
$0.21
How sure are you?
26.3%

+ What do you gain per year?

Total Gains per Share
$-0.22
Return On Investment
-15.8%

For what price can you sell your share?

Current Price per Share
$1.42
Expected price per share
$1.25 - $1.5
How sure are you?
50%

1. Valuation of Cenntro Electric Group Ltd (5 min.)




Live pricePrice per Share (EOD)

$1.42

Intrinsic Value Per Share

$-2.77 - $-3.26

Total Value Per Share

$-2.33 - $-2.83

2. Growth of Cenntro Electric Group Ltd (5 min.)




Is Cenntro Electric Group Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$132m$234.7m-$101.7m-76.4%

How much money is Cenntro Electric Group Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$26.1m-$8.7m-$17.3m-66.3%
Net Profit Margin-1,208.9%-363.2%--

How much money comes from the company's main activities?

3. Financial Health of Cenntro Electric Group Ltd (5 min.)




4. Comparing to competitors in the Auto Manufacturers industry (5 min.)




  Industry Rankings (Auto Manufacturers)  


Richest
#96 / 122

Most Revenue
#111 / 122

Most Profit
#102 / 122

Most Efficient
#115 / 122

What can you expect buying and holding a share of Cenntro Electric Group Ltd? (5 min.)

Welcome investor! Cenntro Electric Group Ltd's management wants to use your money to grow the business. In return you get a share of Cenntro Electric Group Ltd.

What can you expect buying and holding a share of Cenntro Electric Group Ltd?

First you should know what it really means to hold a share of Cenntro Electric Group Ltd. And how you can make/lose money.

Speculation

The Price per Share of Cenntro Electric Group Ltd is $1.42. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Cenntro Electric Group Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Cenntro Electric Group Ltd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $0.43. Based on the TTM, the Book Value Change Per Share is $-0.06 per quarter. Based on the YOY, the Book Value Change Per Share is $0.10 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Cenntro Electric Group Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps-0.05-3.7%-0.05-3.5%-0.04-2.9%-0.03-1.9%-0.03-1.9%
Usd Book Value Change Per Share-0.10-7.1%-0.06-3.9%0.107.1%0.021.6%0.021.6%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share-0.10-7.1%-0.06-3.9%0.107.1%0.021.6%0.021.6%
Usd Price Per Share2.44-3.59-25.23-9.02-9.02-
Price to Earnings Ratio-11.53--18.41--213.28--109.09--109.09-
Price-to-Total Gains Ratio-24.34--11.99--44.37--874.36--874.36-
Price to Book Ratio5.63-8.89-26.72-273.84-273.84-
Price-to-Total Gains Ratio-24.34--11.99--44.37--874.36--874.36-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.42
Number of shares704
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.060.02
Usd Total Gains Per Share-0.060.02
Gains per Quarter (704 shares)-39.4616.07
Gains per Year (704 shares)-157.8464.26
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-158-16806454
20-316-3260129118
30-474-4840193182
40-631-6420257246
50-789-8000321310
60-947-9580386374
70-1105-11160450438
80-1263-12740514502
90-1421-14320578566
100-1578-15900643630

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.04.00.00.0%0.012.00.00.0%0.019.00.00.0%0.019.00.00.0%0.019.00.00.0%
Book Value Change Per Share1.03.00.025.0%4.06.02.033.3%5.07.07.026.3%5.07.07.026.3%5.07.07.026.3%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.019.00.0%0.00.019.00.0%0.00.019.00.0%
Total Gains per Share1.03.00.025.0%4.06.02.033.3%5.07.07.026.3%5.07.07.026.3%5.07.07.026.3%

Fundamentals of Cenntro Electric Group Ltd

About Cenntro Electric Group Ltd

Cenntro Inc. designs and manufactures electric light and medium-duty commercial vehicles. Its purpose-built ECVs are designed to serve various corporate and governmental organizations in support of city services, last-mile delivery, and other commercial applications. The company primarily operates in 16 countries across North America, Europe, and Asia. Cenntro Inc. was founded in 2013 and is headquartered in Freehold, New Jersey.

Fundamental data was last updated by Penke on 2024-03-20 17:47:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is overpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Cenntro Electric Group Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Cenntro Electric Group Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Cenntro Electric Group Ltd to the Auto Manufacturers industry mean.
  • A Net Profit Margin of -279.4% means that $-2.79 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Cenntro Electric Group Ltd:

  • The MRQ is -279.4%. The company is making a huge loss. -2
  • The TTM is -1,208.9%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-279.4%TTM-1,208.9%+929.5%
TTM-1,208.9%YOY-363.2%-845.7%
TTM-1,208.9%5Y-495.7%-713.2%
5Y-495.7%10Y-495.7%0.0%
Compared to industry (Auto Manufacturers)
PeriodCompanyIndustry (mean)+/- 
MRQ-279.4%4.6%-284.0%
TTM-1,208.9%4.2%-1,213.1%
YOY-363.2%3.1%-366.3%
5Y-495.7%2.7%-498.4%
10Y-495.7%2.9%-498.6%
1.1.2. Return on Assets

Shows how efficient Cenntro Electric Group Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Cenntro Electric Group Ltd to the Auto Manufacturers industry mean.
  • -8.4% Return on Assets means that Cenntro Electric Group Ltd generated $-0.08 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Cenntro Electric Group Ltd:

  • The MRQ is -8.4%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -11.6%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-8.4%TTM-11.6%+3.2%
TTM-11.6%YOY-3.2%-8.3%
TTM-11.6%5Y-19.2%+7.6%
5Y-19.2%10Y-19.2%0.0%
Compared to industry (Auto Manufacturers)
PeriodCompanyIndustry (mean)+/- 
MRQ-8.4%1.0%-9.4%
TTM-11.6%1.1%-12.7%
YOY-3.2%0.8%-4.0%
5Y-19.2%0.7%-19.9%
10Y-19.2%0.7%-19.9%
1.1.3. Return on Equity

Shows how efficient Cenntro Electric Group Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Cenntro Electric Group Ltd to the Auto Manufacturers industry mean.
  • -12.2% Return on Equity means Cenntro Electric Group Ltd generated $-0.12 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Cenntro Electric Group Ltd:

  • The MRQ is -12.2%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -16.9%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-12.2%TTM-16.9%+4.7%
TTM-16.9%YOY-4.2%-12.7%
TTM-16.9%5Y-73.3%+56.4%
5Y-73.3%10Y-73.3%0.0%
Compared to industry (Auto Manufacturers)
PeriodCompanyIndustry (mean)+/- 
MRQ-12.2%3.0%-15.2%
TTM-16.9%2.8%-19.7%
YOY-4.2%2.4%-6.6%
5Y-73.3%2.1%-75.4%
10Y-73.3%2.2%-75.5%

1.2. Operating Efficiency of Cenntro Electric Group Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Cenntro Electric Group Ltd is operating .

  • Measures how much profit Cenntro Electric Group Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Cenntro Electric Group Ltd to the Auto Manufacturers industry mean.
  • An Operating Margin of -226.3% means the company generated $-2.26  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Cenntro Electric Group Ltd:

  • The MRQ is -226.3%. The company is operating very inefficient. -2
  • The TTM is -405.1%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-226.3%TTM-405.1%+178.8%
TTM-405.1%YOY-312.7%-92.4%
TTM-405.1%5Y-327.2%-77.9%
5Y-327.2%10Y-327.2%0.0%
Compared to industry (Auto Manufacturers)
PeriodCompanyIndustry (mean)+/- 
MRQ-226.3%6.0%-232.3%
TTM-405.1%2.8%-407.9%
YOY-312.7%4.4%-317.1%
5Y-327.2%3.9%-331.1%
10Y-327.2%3.8%-331.0%
1.2.2. Operating Ratio

Measures how efficient Cenntro Electric Group Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Auto Manufacturers industry mean).
  • An Operation Ratio of 2.28 means that the operating costs are $2.28 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Cenntro Electric Group Ltd:

  • The MRQ is 2.278. The company is inefficient in keeping operating costs low. -1
  • The TTM is 6.782. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ2.278TTM6.782-4.504
TTM6.782YOY4.434+2.348
TTM6.7825Y4.635+2.147
5Y4.63510Y4.6350.000
Compared to industry (Auto Manufacturers)
PeriodCompanyIndustry (mean)+/- 
MRQ2.2781.639+0.639
TTM6.7821.577+5.205
YOY4.4341.629+2.805
5Y4.6351.638+2.997
10Y4.6351.355+3.280

1.3. Liquidity of Cenntro Electric Group Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Cenntro Electric Group Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Auto Manufacturers industry mean).
  • A Current Ratio of 4.21 means the company has $4.21 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Cenntro Electric Group Ltd:

  • The MRQ is 4.207. The company is very able to pay all its short-term debts. +2
  • The TTM is 5.662. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ4.207TTM5.662-1.455
TTM5.662YOY9.531-3.869
TTM5.6625Y4.244+1.418
5Y4.24410Y4.2440.000
Compared to industry (Auto Manufacturers)
PeriodCompanyIndustry (mean)+/- 
MRQ4.2071.232+2.975
TTM5.6621.209+4.453
YOY9.5311.255+8.276
5Y4.2441.244+3.000
10Y4.2441.179+3.065
1.3.2. Quick Ratio

Measures if Cenntro Electric Group Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Cenntro Electric Group Ltd to the Auto Manufacturers industry mean.
  • A Quick Ratio of 1.99 means the company can pay off $1.99 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Cenntro Electric Group Ltd:

  • The MRQ is 1.986. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 4.400. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ1.986TTM4.400-2.414
TTM4.400YOY8.651-4.251
TTM4.4005Y3.608+0.792
5Y3.60810Y3.6080.000
Compared to industry (Auto Manufacturers)
PeriodCompanyIndustry (mean)+/- 
MRQ1.9860.564+1.422
TTM4.4000.586+3.814
YOY8.6510.788+7.863
5Y3.6080.744+2.864
10Y3.6080.718+2.890

1.4. Solvency of Cenntro Electric Group Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Cenntro Electric Group Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Cenntro Electric Group Ltd to Auto Manufacturers industry mean.
  • A Debt to Asset Ratio of 0.31 means that Cenntro Electric Group Ltd assets are financed with 31.2% credit (debt) and the remaining percentage (100% - 31.2%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Cenntro Electric Group Ltd:

  • The MRQ is 0.312. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.257. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.312TTM0.257+0.055
TTM0.257YOY0.160+0.098
TTM0.2575Y0.475-0.217
5Y0.47510Y0.4750.000
Compared to industry (Auto Manufacturers)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3120.636-0.324
TTM0.2570.632-0.375
YOY0.1600.627-0.467
5Y0.4750.632-0.157
10Y0.4750.621-0.146
1.4.2. Debt to Equity Ratio

Measures if Cenntro Electric Group Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Cenntro Electric Group Ltd to the Auto Manufacturers industry mean.
  • A Debt to Equity ratio of 45.3% means that company has $0.45 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Cenntro Electric Group Ltd:

  • The MRQ is 0.453. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.369. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.453TTM0.369+0.085
TTM0.369YOY0.217+0.152
TTM0.3695Y1.663-1.295
5Y1.66310Y1.6630.000
Compared to industry (Auto Manufacturers)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4531.787-1.334
TTM0.3691.798-1.429
YOY0.2171.718-1.501
5Y1.6631.893-0.230
10Y1.6631.856-0.193

2. Market Valuation of Cenntro Electric Group Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Cenntro Electric Group Ltd generates.

  • Above 15 is considered overpriced but always compare Cenntro Electric Group Ltd to the Auto Manufacturers industry mean.
  • A PE ratio of -11.53 means the investor is paying $-11.53 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Cenntro Electric Group Ltd:

  • The EOD is -6.712. Based on the earnings, the company is expensive. -2
  • The MRQ is -11.533. Based on the earnings, the company is expensive. -2
  • The TTM is -18.410. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-6.712MRQ-11.533+4.821
MRQ-11.533TTM-18.410+6.877
TTM-18.410YOY-213.285+194.875
TTM-18.4105Y-109.085+90.676
5Y-109.08510Y-109.0850.000
Compared to industry (Auto Manufacturers)
PeriodCompanyIndustry (mean)+/- 
EOD-6.7126.600-13.312
MRQ-11.5335.788-17.321
TTM-18.4106.017-24.427
YOY-213.2856.059-219.344
5Y-109.0858.659-117.744
10Y-109.08514.245-123.330
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Cenntro Electric Group Ltd:

  • The EOD is -8.768. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -15.065. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -22.688. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-8.768MRQ-15.065+6.298
MRQ-15.065TTM-22.688+7.623
TTM-22.688YOY-244.477+221.789
TTM-22.6885Y-152.953+130.265
5Y-152.95310Y-152.9530.000
Compared to industry (Auto Manufacturers)
PeriodCompanyIndustry (mean)+/- 
EOD-8.7682.956-11.724
MRQ-15.0652.615-17.680
TTM-22.688-0.125-22.563
YOY-244.4770.002-244.479
5Y-152.9530.520-153.473
10Y-152.9530.199-153.152
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Cenntro Electric Group Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Auto Manufacturers industry mean).
  • A PB ratio of 5.63 means the investor is paying $5.63 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Cenntro Electric Group Ltd:

  • The EOD is 3.275. Based on the equity, the company is fair priced.
  • The MRQ is 5.627. Based on the equity, the company is overpriced. -1
  • The TTM is 8.888. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD3.275MRQ5.627-2.352
MRQ5.627TTM8.888-3.260
TTM8.888YOY26.723-17.835
TTM8.8885Y273.843-264.955
5Y273.84310Y273.8430.000
Compared to industry (Auto Manufacturers)
PeriodCompanyIndustry (mean)+/- 
EOD3.2751.369+1.906
MRQ5.6271.423+4.204
TTM8.8881.508+7.380
YOY26.7231.641+25.082
5Y273.8431.672+272.171
10Y273.8432.346+271.497
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Cenntro Electric Group Ltd.

3.1. Institutions holding Cenntro Electric Group Ltd

Institutions are holding 1.045% of the shares of Cenntro Electric Group Ltd.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-09-30Newbridge Financial Services Group, Inc.0.0530.0198161213-11287-6.5432
2023-12-31Geode Capital Management, LLC0.3580108985997541080.6413
2023-12-31Millennium Management LLC0.26920.00018194759284261.5894
2023-12-31Morgan Stanley - Brokerage Accounts0.121603701631823612.8057
2023-12-31Amundi0.1025031214312140
2023-12-31State Street Corporation0.03550108179735899.7227
2023-12-31Prudential Financial Inc0.0335010200102000
2023-12-31Advisor Group Holdings, Inc.0.0092028052344508.4599
2023-12-31Group One Trading, LP0.0055016831517913.8554
2023-12-31Bank of America Corp0.0020608547896.7213
2023-12-31Maso Capital Partners Ltd0.00050141127907.1429
2023-12-31HHM Wealth Advisors, LLC0.0003010090900
2023-12-31IFP Advisors, LLC0.0003085848400
2023-12-31SIMPLEX TRADING, LLC0.0002075701400
2023-12-31Wells Fargo & Co0.0002046460
2023-12-31JPMorgan Chase & Co0.000104036900
2023-12-31ATTICUS WEALTH MANAGEMENT, LLC0.0001034311033.3333
2023-12-31Edmond de Rothschild Holding S.A.0.0001034311033.3333
2023-12-31AlphaMark Advisors, LLC0.0001033301000
2023-12-31Planned Solutions, Inc.0.0001026260
Total 0.9920.0199447102+235702+52.7%

3.2. Funds holding Cenntro Electric Group Ltd

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2024-02-29Fidelity Nasdaq Composite ETF0.28730.002187482-184-0.2099
2024-01-31SG Actions US Techno C0.19130.0105582372702386.5733
2024-01-31Fidelity Nasdaq Composite Index0.13040.00033968900
2024-02-29SPDR® S&P International Small Cap ETF0.03210.0022976700
2023-06-30Sygnia itrix Sustainable Economy ETF0.00240.0228739700
2024-02-29Carbon Collective Climate Sol US Eq ETF0.00320.005897500
Total 0.64670.0437203547+26839+13.2%

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Cenntro Electric Group Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.100-0.056-44%0.101-199%0.023-539%0.023-539%
Book Value Per Share--0.4340.468-7%0.899-52%0.308+41%0.308+41%
Current Ratio--4.2075.662-26%9.531-56%4.244-1%4.244-1%
Debt To Asset Ratio--0.3120.257+21%0.160+95%0.475-34%0.475-34%
Debt To Equity Ratio--0.4530.369+23%0.217+109%1.663-73%1.663-73%
Dividend Per Share----0%-0%-0%-0%
Eps---0.053-0.049-7%-0.041-23%-0.027-50%-0.027-50%
Free Cash Flow Per Share---0.040-0.054+34%-0.051+26%-0.028-31%-0.028-31%
Free Cash Flow To Equity Per Share---0.049-0.096+96%0.113-143%0.045-209%0.045-209%
Gross Profit Margin--0.8371.025-18%1.091-23%1.077-22%1.077-22%
Intrinsic Value_10Y_max---3.261--------
Intrinsic Value_10Y_min---2.766--------
Intrinsic Value_1Y_max---0.188--------
Intrinsic Value_1Y_min---0.185--------
Intrinsic Value_3Y_max---0.670--------
Intrinsic Value_3Y_min---0.638--------
Intrinsic Value_5Y_max---1.281--------
Intrinsic Value_5Y_min---1.179--------
Market Cap43231900.000-1618%742855782.040997219142.074-26%6590320612.375-89%2368921365.082-69%2368921365.082-69%
Net Profit Margin---2.794-12.089+333%-3.632+30%-4.957+77%-4.957+77%
Operating Margin---2.263-4.051+79%-3.127+38%-3.272+45%-3.272+45%
Operating Ratio--2.2786.782-66%4.434-49%4.635-51%4.635-51%
Pb Ratio3.275-72%5.6278.888-37%26.723-79%273.843-98%273.843-98%
Pe Ratio-6.712+42%-11.533-18.410+60%-213.285+1749%-109.085+846%-109.085+846%
Price Per Share1.420-72%2.4403.588-32%25.225-90%9.019-73%9.019-73%
Price To Free Cash Flow Ratio-8.768+42%-15.065-22.688+51%-244.477+1523%-152.953+915%-152.953+915%
Price To Total Gains Ratio-14.163+42%-24.336-11.994-51%-44.373+82%-874.360+3493%-874.360+3493%
Quick Ratio--1.9864.400-55%8.651-77%3.608-45%3.608-45%
Return On Assets---0.084-0.116+38%-0.032-61%-0.192+129%-0.192+129%
Return On Equity---0.122-0.169+39%-0.042-66%-0.733+501%-0.733+501%
Total Gains Per Share---0.100-0.056-44%0.101-199%0.023-539%0.023-539%
Usd Book Value--132009350.000133094261.813-1%234798812.500-44%82696922.237+60%82696922.237+60%
Usd Book Value Change Per Share---0.100-0.056-44%0.101-199%0.023-539%0.023-539%
Usd Book Value Per Share--0.4340.468-7%0.899-52%0.308+41%0.308+41%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.053-0.049-7%-0.041-23%-0.027-50%-0.027-50%
Usd Free Cash Flow---12327177.000-15330352.938+24%-13365647.375+8%-7592359.500-38%-7592359.500-38%
Usd Free Cash Flow Per Share---0.040-0.054+34%-0.051+26%-0.028-31%-0.028-31%
Usd Free Cash Flow To Equity Per Share---0.049-0.096+96%0.113-143%0.045-209%0.045-209%
Usd Market Cap43231900.000-1618%742855782.040997219142.074-26%6590320612.375-89%2368921365.082-69%2368921365.082-69%
Usd Price Per Share1.420-72%2.4403.588-32%25.225-90%9.019-73%9.019-73%
Usd Profit---16102665.000-26112608.438+62%-8787603.125-45%-9292058.342-42%-9292058.342-42%
Usd Revenue--5762831.0003296876.500+75%2397423.750+140%2012932.368+186%2012932.368+186%
Usd Total Gains Per Share---0.100-0.056-44%0.101-199%0.023-539%0.023-539%
 EOD+3 -5MRQTTM+14 -20YOY+10 -245Y+14 -2010Y+14 -20

4.2. Fundamental Score

Let's check the fundamental score of Cenntro Electric Group Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-6.712
Price to Book Ratio (EOD)Between0-13.275
Net Profit Margin (MRQ)Greater than0-2.794
Operating Margin (MRQ)Greater than0-2.263
Quick Ratio (MRQ)Greater than11.986
Current Ratio (MRQ)Greater than14.207
Debt to Asset Ratio (MRQ)Less than10.312
Debt to Equity Ratio (MRQ)Less than10.453
Return on Equity (MRQ)Greater than0.15-0.122
Return on Assets (MRQ)Greater than0.05-0.084
Total4/10 (40.0%)

4.3. Technical Score

Let's check the technical score of Cenntro Electric Group Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5048.327
Ma 20Greater thanMa 501.412
Ma 50Greater thanMa 1001.325
Ma 100Greater thanMa 2005.009
OpenGreater thanClose1.410
Total1/5 (20.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-09-302022-12-312023-03-312023-06-302023-09-30
Selling and Marketing Expenses  1,633-1,3752592,0072,265-3961,869-4,496-2,627



Latest Balance Sheet

Balance Sheet of 2023-09-30. Currency in USD. All numbers in thousands.

Summary
Total Assets191,863
Total Liabilities59,853
Total Stockholder Equity132,011
 As reported
Total Liabilities 59,853
Total Stockholder Equity+ 132,011
Total Assets = 191,863

Assets

Total Assets191,863
Total Current Assets110,156
Long-term Assets81,707
Total Current Assets
Cash And Cash Equivalents 44,645
Short-term Investments -3,558
Net Receivables 10,904
Inventory 43,082
Other Current Assets 524
Total Current Assets  (as reported)110,156
Total Current Assets  (calculated)95,597
+/- 14,559
Long-term Assets
Property Plant Equipment 40,812
Long Term Investments 32,151
Intangible Assets 6,385
Long-term Assets Other 2,153
Long-term Assets  (as reported)81,707
Long-term Assets  (calculated)81,500
+/- 207

Liabilities & Shareholders' Equity

Total Current Liabilities26,184
Long-term Liabilities33,670
Total Stockholder Equity132,011
Total Current Liabilities
Short-term Debt 14,502
Short Long Term Debt 9,954
Accounts payable 4,843
Other Current Liabilities 3,702
Total Current Liabilities  (as reported)26,184
Total Current Liabilities  (calculated)33,000
+/- 6,816
Long-term Liabilities
Capital Lease Obligations 21,622
Long-term Liabilities  (as reported)33,670
Long-term Liabilities  (calculated)21,622
+/- 12,048
Total Stockholder Equity
Retained Earnings -260,959
Accumulated Other Comprehensive Income -8,701
Other Stockholders Equity 401,672
Total Stockholder Equity (as reported)132,011
Total Stockholder Equity (calculated)132,011
+/-0
Other
Cash and Short Term Investments 44,645
Common Stock Shares Outstanding 304,449
Current Deferred Revenue3,137
Liabilities and Stockholders Equity 191,863
Net Debt -13,069
Net Invested Capital 141,965
Net Working Capital 83,973
Property Plant and Equipment Gross 45,136
Short Long Term Debt Total 31,576



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-31
> Total Assets 
10,542
10,542
10,542
10,542
5,690
5,690
5,690
22,759
22,759
17,246
72,841
291,364
291,364
263,749
267,848
72,841
267,848
221,070
191,863
191,863221,070267,84872,841267,848263,749291,364291,36472,84117,24622,75922,7595,6905,6905,69010,54210,54210,54210,542
   > Total Current Assets 
2,803
2,803
2,803
2,803
5,033
5,033
5,033
20,133
20,133
10,748
70,269
281,075
281,075
222,733
203,011
70,269
203,011
147,180
110,156
110,156147,180203,01170,269203,011222,733281,075281,07570,26910,74820,13320,1335,0335,0335,0332,8032,8032,8032,803
       Cash And Cash Equivalents 
307
307
307
307
1,137
1,137
1,137
4,549
4,549
1,965
65,267
261,069
261,069
182,966
153,967
65,267
153,967
91,848
44,645
44,64591,848153,96765,267153,967182,966261,069261,06965,2671,9654,5494,5491,1371,1371,137307307307307
       Net Receivables 
635
635
635
635
2,596
2,596
2,596
10,384
10,384
4,697
1,828
7,314
7,314
9,962
565
1,828
6,753
8,235
10,904
10,9048,2356,7531,8285659,9627,3147,3141,8284,69710,38410,3842,5962,5962,596635635635635
       Inventory 
1,647
1,647
1,647
1,647
1,052
1,052
1,052
4,208
4,208
2,859
2,035
8,140
8,140
20,920
31,843
2,035
31,843
36,547
43,082
43,08236,54731,8432,03531,84320,9208,1408,1402,0352,8594,2084,2081,0521,0521,0521,6471,6471,6471,647
       Other Current Assets 
214
214
214
214
248
248
248
178
178
116
1,138
269
269
269
16,635
1,138
441
729
524
5247294411,13816,6352692692691,138116178178248248248214214214214
   > Long-term Assets 
7,739
7,739
7,739
7,739
656
656
656
2,626
2,626
6,498
2,572
10,290
10,290
41,016
62,798
2,572
64,837
73,890
81,707
81,70773,89064,8372,57262,79841,01610,29010,2902,5726,4982,6262,6266566566567,7397,7397,7397,739
       Property Plant Equipment 
3,722
3,722
3,722
3,722
366
366
366
1,462
1,462
3,988
743
2,971
2,971
10,195
23,150
743
23,150
31,131
40,812
40,81231,13123,15074323,15010,1952,9712,9717433,9881,4621,4623663663663,7223,7223,7223,722
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
10,874
0
0
0
0
0
0000010,8740000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
329
0
428
0
35,085
35,652
5,326
32,151
32,1515,32635,65235,0850428032900000000000
       Intangible Assets 
3,907
3,907
3,907
3,907
11
11
11
45
45
24
1
3
3
2,775
4,564
1
4,564
4,558
6,385
6,3854,5584,56414,5642,7753312445451111113,9073,9073,9073,907
       Long-term Assets Other 
28
28
28
28
279
279
279
1,118
1,118
2,485
1,747
6,987
6,987
16,743
-62,798
1,747
2,039
2,307
2,153
2,1532,3072,0391,747-62,79816,7436,9876,9871,7472,4851,1181,11827927927928282828
       Deferred Long Term Asset Charges 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
243
0
024300000000000000000
> Total Liabilities 
8,440
8,440
8,440
8,440
3,723
3,723
3,723
14,893
14,893
13,560
6,898
27,591
27,591
23,990
95,959
6,898
95,959
58,536
59,853
59,85358,53695,9596,89895,95923,99027,59127,5916,89813,56014,89314,8933,7233,7233,7238,4408,4408,4408,440
   > Total Current Liabilities 
8,326
8,326
8,326
8,326
3,634
3,634
3,634
14,537
14,537
11,299
6,600
26,401
26,401
15,978
70,249
6,600
70,249
30,009
26,184
26,18430,00970,2496,60070,24915,97826,40126,4016,60011,29914,53714,5373,6343,6343,6348,3268,3268,3268,326
       Short-term Debt 
873
873
873
873
1,667
1,667
1,667
6,799
6,799
5,764
541
3,004
3,004
1,426
0
541
58,686
20,683
14,502
14,50220,68358,68654101,4263,0043,0045415,7646,7996,7991,6671,6671,667873873873873
       Short Long Term Debt 
0
0
0
0
0
0
0
6,668
0
5,315
0
2,165
0
0
0
57,373
17,903
11,904
9,954
9,95411,90417,90357,3730002,16505,31506,6680000000
       Accounts payable 
1,797
1,797
1,797
1,797
931
931
931
3,723
3,723
1,497
920
3,679
3,679
2,740
3,406
920
3,383
2,899
4,843
4,8432,8993,3839203,4062,7403,6793,6799201,4973,7233,7239319319311,7971,7971,7971,797
       Other Current Liabilities 
5,177
5,177
5,177
5,177
614
614
614
2,324
2,324
2,511
4,653
17,775
17,775
9,081
66,843
4,653
5,765
3,715
3,702
3,7023,7155,7654,65366,8439,08117,77517,7754,6532,5112,3242,3246146146145,1775,1775,1775,177
   > Long-term Liabilities 
114
114
114
114
89
89
89
356
356
2,261
297
1,190
1,190
8,011
0
297
25,710
28,526
33,670
33,67028,52625,71029708,0111,1901,1902972,261356356898989114114114114
       Deferred Long Term Asset Charges 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
243
0
024300000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
700
700
933
933
0
0
0
16,630
0
016,6300009339337007000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
2,096
2,096
0
0
0
0
0
0
0
208
0
020800000002,0962,09600000000
> Total Stockholder Equity
2,102
2,102
2,102
2,102
1,967
1,967
1,967
7,895
7,895
3,720
65,943
263,773
263,773
238,745
172,367
65,943
172,367
162,535
132,011
132,011162,535172,36765,943172,367238,745263,773263,77365,9433,7207,8957,8951,9671,9671,9672,1022,1022,1022,102
   Common Stock
0
0
0
0
0
0
0
1
1
1
0
0
0
0
0
0
0
0
0
0000000001110000000
   Retained Earnings -260,959-230,782-219,824-27,434-219,824-132,120-109,736-109,736-27,434-97,857-93,314-93,314-23,329-23,329-23,329-22,037-22,037-22,037-22,037
   Accumulated Other Comprehensive Income -8,701-4,945-5,307-6970-5,348-1,393-1,393-697-1,696-1,905-1,905-713-713-713-1,335-1,335-1,335-1,335
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
397,498
0
0397,49800000000000000000
   Treasury Stock0000000000000000000
   Other Stockholders Equity 
25,474
25,474
25,474
25,474
26,008
26,008
26,008
103,113
103,113
103,272
94,074
374,902
374,902
376,212
392,191
0
397,498
398,262
401,672
401,672398,262397,4980392,191376,212374,902374,90294,074103,272103,113103,11326,00826,00826,00825,47425,47425,47425,474



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue15,281
Cost of Revenue-13,632
Gross Profit1,6481,648
 
Operating Income (+$)
Gross Profit1,648
Operating Expense-69,314
Operating Income-54,033-67,666
 
Operating Expense (+$)
Research Development8,100
Selling General Administrative41,595
Selling And Marketing Expenses-
Operating Expense69,31449,695
 
Net Interest Income (+$)
Interest Income-
Interest Expense--
Other Finance Cost-1,158
Net Interest Income-1,158
 
Pretax Income (+$)
Operating Income-54,033
Net Interest Income-1,158
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-115,1795,955
EBIT - interestExpense = 0
-114,419
-114,419
Interest Expense-
Earnings Before Interest and Taxes (EBIT)--115,179
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax-115,179
Tax Provision-117
Net Income From Continuing Ops-115,297-115,297
Net Income-114,419
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-59,9881,158
 

Technical Analysis of Cenntro Electric Group Ltd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Cenntro Electric Group Ltd. The general trend of Cenntro Electric Group Ltd is BEARISH with 28.6% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Cenntro Electric Group Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-28.6%) Bearish trend (28.6%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Cenntro Electric Group Ltd.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 1.49 < 1.49 < 1.5.

The bearish price targets are: 1.2724 > 1.25 > 1.25.

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Cenntro Electric Group Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Cenntro Electric Group Ltd. The current mas is .

The long score for the Moving Averages is 5/14.
The longshort score for the Moving Averages is -4/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Cenntro Electric Group Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Cenntro Electric Group Ltd. The current macd is -0.02175339.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Cenntro Electric Group Ltd price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Cenntro Electric Group Ltd. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Cenntro Electric Group Ltd price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Cenntro Electric Group Ltd Daily Moving Average Convergence/Divergence (MACD) ChartCenntro Electric Group Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Cenntro Electric Group Ltd. The current adx is 15.52.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Cenntro Electric Group Ltd shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Cenntro Electric Group Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Cenntro Electric Group Ltd. The current sar is 1.481684.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Cenntro Electric Group Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Cenntro Electric Group Ltd. The current rsi is 48.33. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -3/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
Cenntro Electric Group Ltd Daily Relative Strength Index (RSI) ChartCenntro Electric Group Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Cenntro Electric Group Ltd. The current phase is Correction in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 2/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Cenntro Electric Group Ltd price going up in the near term. +2
  • Trending down: The STOCH %K is trending down. -1
Cenntro Electric Group Ltd Daily Stochastic Oscillator ChartCenntro Electric Group Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Cenntro Electric Group Ltd. The current cci is 35.94.

Cenntro Electric Group Ltd Daily Commodity Channel Index (CCI) ChartCenntro Electric Group Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Cenntro Electric Group Ltd. The current cmo is 4.81370202.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Cenntro Electric Group Ltd Daily Chande Momentum Oscillator (CMO) ChartCenntro Electric Group Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Cenntro Electric Group Ltd. The current willr is -33.33333333.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Cenntro Electric Group Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Cenntro Electric Group Ltd Daily Williams %R ChartCenntro Electric Group Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Cenntro Electric Group Ltd.

Cenntro Electric Group Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Cenntro Electric Group Ltd. The current atr is 0.10087903.

Cenntro Electric Group Ltd Daily Average True Range (ATR) ChartCenntro Electric Group Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Cenntro Electric Group Ltd. The current obv is -524,991.

Cenntro Electric Group Ltd Daily On-Balance Volume (OBV) ChartCenntro Electric Group Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Cenntro Electric Group Ltd. The current mfi is 68.66.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Cenntro Electric Group Ltd Daily Money Flow Index (MFI) ChartCenntro Electric Group Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Cenntro Electric Group Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-08CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-13DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-16STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-17WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-24STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-28CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-30CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-05STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-06STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-08STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-12STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-13MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-18STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-11CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-17STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-24STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-29SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-08RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-12STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-13STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-14BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-23SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-01WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-04SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-05CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-06SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-11CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-12SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-13CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-18STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-20STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-22CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-25STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-26SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside

6.3. Candlestick Patterns

Cenntro Electric Group Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Cenntro Electric Group Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5048.327
Ma 20Greater thanMa 501.412
Ma 50Greater thanMa 1001.325
Ma 100Greater thanMa 2005.009
OpenGreater thanClose1.410
Total1/5 (20.0%)
Penke

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