Cenntro Electric Group (CENN)

Net assets on the balance sheet as of June 2024 : ₹8.77 Billion

According to Cenntro Electric Group's latest financial reports the company has ₹8.77 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Cenntro Electric Group - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$₹14.22 B	-27.55%
2021-12-31	$₹19.63 B	3312.73%
2020-12-31	$₹0.57 B	-4.05%
2019-12-31	$₹0.59 B

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Cenntro Electric Group (CENN) - Net assets