Cenntro Past Earnings Performance
Past criteria checks 0/6
Cenntro's earnings have been declining at an average annual rate of -53.6%, while the Auto industry saw earnings growing at 16% annually. Revenues have been growing at an average rate of 41.9% per year.
Key information
-53.6%
Earnings growth rate
-31.1%
EPS growth rate
| Auto Industry Growth | 11.9% |
| Revenue growth rate | 41.9% |
| Return on equity | -46.6% |
| Net Margin | -238.5% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Cenntro makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 22 | -52 | 42 | 9 |
| 31 Dec 23 | 22 | -54 | 44 | 8 |
| 30 Sep 23 | 15 | -114 | 48 | 8 |
| 30 Jun 23 | 12 | -113 | 44 | 8 |
| 31 Mar 23 | 11 | -112 | 43 | 8 |
| 31 Dec 22 | 9 | -110 | 45 | 6 |
| 30 Sep 22 | 10 | -43 | 37 | 4 |
| 30 Jun 22 | 11 | -34 | 35 | 3 |
| 31 Mar 22 | 9 | -23 | 24 | 2 |
| 31 Dec 21 | 9 | -16 | 16 | 1 |
| 30 Sep 21 | 7 | -10 | 13 | 1 |
| 30 Jun 21 | 6 | -3 | 10 | 1 |
| 31 Mar 21 | 6 | -4 | 10 | 1 |
| 31 Dec 20 | 5 | -5 | 10 | 1 |
| 31 Dec 19 | 4 | -19 | 16 | 2 |
Quality Earnings: B8I is currently unprofitable.
Growing Profit Margin: B8I is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: B8I is unprofitable, and losses have increased over the past 5 years at a rate of 53.6% per year.
Accelerating Growth: Unable to compare B8I's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: B8I is unprofitable, making it difficult to compare its past year earnings growth to the Auto industry (0.5%).
Return on Equity
High ROE: B8I has a negative Return on Equity (-46.63%), as it is currently unprofitable.