Is Cenntro Inc. (CENN) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 235.3% / 30% | 132.3% / 30% | 79.5% / 30% | 7.45% / 5% | ✗ NOT HALAL |
| DJIM | 235.3% / 33% | 132.3% / 33% | 79.5% / 33% | 7.45% / 5% | ✗ NOT HALAL |
| MSCI | 16.8% / 33% | 9.5% / 33% | 5.7% / 33% | 7.45% / 5% | ✗ NOT HALAL |
| S&P | 235.3% / 33% | 132.3% / 33% | 79.5% / 33% | 7.45% / 5% | ✗ NOT HALAL |
| FTSE | 16.8% / 33% | 9.5% / 33% | 5.7% / 50% | 7.45% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | -0.2% | |
| Operating Margin | -150.4% | |
| Net Margin | -214.4% | |
| Return on Equity (ROE) | -38.5% | |
| Return on Assets (ROA) | -14.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$21M |
| Free Cash Flow | -$22M |
| Total Debt | $22M |
| Debt-to-Equity | 21.5 |
| Current Ratio | 1.9 |
| Total Assets | $133M |
Price & Trading
| Last Close | $0.12 |
| 50-Day MA | $0.13 |
| 200-Day MA | $0.35 |
| Avg Volume | 2.4M |
| Beta | 2.2 |
|
52-Week Range
$0.10
| |
About Cenntro Inc. (CENN)
Cenntro Inc. engages in the design, development, and manufacture of electric light and medium-duty commercial vehicles in Europe, Asia, and the United States. Its purpose-built electric commercial vehicles are designed to serve various fleet and municipal organizations in support of city services, last-mile delivery, and other commercial applications. The company sells its products under the Metro, Logistar, Logimax, Avantier, Teemak, and Antric One names. Cenntro Inc. was founded in 2013 and is based in Freehold, New Jersey. Cenntro Inc. is a subsidiary of Cenntro Electric Group Limited.
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Frequently Asked Questions
Is Cenntro Inc. (CENN) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Cenntro Inc. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Cenntro Inc.'s debt ratio?
Cenntro Inc.'s debt ratio is 235.3% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 16.8%.
What are Cenntro Inc.'s key financial metrics?
Cenntro Inc. has a market capitalization of $10M, and revenue of $31M. The company maintains a gross margin of -0.2% and a net margin of -214.4%. Return on equity stands at -38.5%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.