Cenntro Inc. (CENN)

Nasdaq · Common Stock · Motor Vehicles & Passenger Car Bodies

One email a week from me: what it filed, which 13F holders added or cut, where its scores stand. Free.

Corporate structure

20 entities across 8 jurisdictions. Read directly from the company’s own 10-K EX-21 filed 2026-04-15 — see the exhibit.

Which other public companies file entities in the same places:

USA9 Germany4 Colombia2 Mexico1 Australia1 Spain1 The Netherlands1 Turkey1

Subsidiaries of Cenntro Inc. as disclosed in its SEC filing
Entity	Jurisdiction	Note
Able2rent GmbH	Germany
Avantier Motors Corporation	USA
Cenntro Automotive Corporation	USA
Cennatic Power, Inc.	USA
Autotrax.ai Inc.	USA
Averra Electric Mobility Inc.	USA
Cennatic Energy S. de R.L. de C.V.	Mexico
Cenntro Automotive Europe GmbH	Germany
Cenntro Automotive S.A.S.	Colombia
Cenntro Electric Colombia S.A.S.	Colombia
Cenntro Electric Group Pty Limited	Australia
Avantier Motors Spain, S.L.	Spain
Cenntro Electric B.V.	The Netherlands
Cenntro Electric Group, Inc.	USA
Cenntro Elektromobilite Araçlar A.Ş	Turkey
Cenntro Electric Group (Europe) GmbH, (f.k.a Blitz F22-1 GmbH)	Germany
Cenntro Technology Corporation	USA
Pikka Electric Corporation	USA
Bison Motor Inc.	USA
Antric GmbH	Germany

Financial health

Two standard screens, computed from the XBRL in FY2025 against FY2024. Every test shows the numbers behind it — a score with its inputs hidden is a number you cannot check.

Piotroski F-score

3 / 9

FAILReturn on assets positiveROA -98.1%
FAILOperating cash flow positiveOCF -13M
FAILReturn on assets improving-33.8% → -98.1%
PASSCash flow exceeds earningsOCF -13M vs NI -73M
FAILLong-term debt ratio falling0.3% → 1.6% of assets
FAILCurrent ratio improving2.26 → 1.71
PASSNo share dilution31M → 836814 shares
FAILGross margin improving24.3% → -12.8%
PASSAsset turnover improving0.24× → 0.24×

Six-year record

Year	Revenue	Net income	Free cash flow	Gross margin	Shares
FY2021	$8.6M	−$16.4M	−$22.2M	17.5%	175,090,266
FY2022	$8.9M	−$110.1M	−$72.7M	-5.7%	263,323,238
FY2023	$22.1M	−$54.2M	−$66.1M	10.2%	30,424,686
FY2024	$31.3M	−$44.9M	−$22.2M	24.3%	30,841,396
FY2025	$18.1M	−$73.0M	—	-12.8%	836,814

Ownership flow

3 institutions tracked — 0 added, 3 reduced, 4 sold out.

Institutional holders of Cenntro Inc. and their share-count change
Manager	Kind	Shares	Change	Value
GEODE CAPITAL MANAGEMENT, LLC	Index	23,015	−2,366,999	$81,932
CITADEL ADVISORS LLC	Hedge fund	15,867	−97,028	$56,487
MORGAN STANLEY	Active fund	14	−7,650	$50

From 13F filings, which cover institutions managing over $100m and are filed up to 45 days after the quarter ends — so this is a considered position, not a live one, and it is not the whole shareholder register.

Identity

CIK: 0001707919
FIGI: BBG01JJ2CQL8
SIC: 3711 · Motor Vehicles & Passenger Car Bodies
Incorporated: NV
Headquarters: ISELIN, NJ

Ownership

Institutional: 3.0%
Institutions: 20
Insiders: 51.2%

Ownership percentages are a vendor aggregate, not a filing — unlike everything else on this page.

Other motor vehicles & passenger car bodies companies

Cenntro Inc. files under SIC 3711 — all 10 motor vehicles & passenger car bodies companies compared on assets and F-score.

FORD MOTOR COF General Motors CoGM Tesla, Inc.TSLA Rivian Automotive, Inc. / DERIVN OSHKOSH CORPOSK FEDERAL SIGNAL CORP /DE/FSS

Questions about Cenntro Inc.

How many subsidiaries does Cenntro Inc. file with the SEC?: 20, listed in its most recent exhibit 21. They are incorporated across 8 jurisdictions, led by Germany, USA, Mexico. That exhibit is filed with the company's annual report and is the company's own list, not an estimate.
Is Cenntro Inc. financially healthy?: Cenntro Inc. scores 3 out of 9 on the Piotroski F-score. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.
Who are the largest institutional holders of Cenntro Inc.?: Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are GEODE CAPITAL MANAGEMENT, LLC (trimming), CITADEL ADVISORS LLC (trimming), MORGAN STANLEY (trimming). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

This page is one panel of the terminal

The structure map above is the Corporate Blueprint, and in the desktop it is interactive — click any entity to re-centre the map on it and walk the ownership chain. It sits alongside the screener, the scorecard and the filings lab on one desk, on your machine.

Download the terminal See pricing

Sourced from SEC EDGAR primary filings. Figures are as reported by the company and are not investment advice. Scores are standard published screens computed from those filings; every input is shown above so you can check the arithmetic.

Corporate structure

20 entities across 8 jurisdictions. Read directly from the company’s own 10-K EX-21 filed 2026-04-15 — see the exhibit.

Entity

Jurisdiction

Note

Able2rent GmbH

Germany

Avantier Motors Corporation

USA

Cenntro Automotive Corporation

USA

Cennatic Power, Inc.

USA

Autotrax.ai Inc.

USA

Averra Electric Mobility Inc.

USA

Cennatic Energy S. de R.L. de C.V.

Mexico

Cenntro Automotive Europe GmbH

Germany

Cenntro Automotive S.A.S.

Colombia

Cenntro Electric Colombia S.A.S.

Colombia

Cenntro Electric Group Pty Limited

Australia

Avantier Motors Spain, S.L.

Spain

Cenntro Electric B.V.

The Netherlands

Cenntro Electric Group, Inc.

USA

Cenntro Elektromobilite Araçlar A.Ş

Turkey

Cenntro Electric Group (Europe) GmbH, (f.k.a Blitz F22-1 GmbH)

Germany

Cenntro Technology Corporation

USA

Pikka Electric Corporation

USA

Bison Motor Inc.

USA

Antric GmbH

Germany

Financial health

Two standard screens, computed from the XBRL in FY2025 against FY2024. Every test shows the numbers behind it — a score with its inputs hidden is a number you cannot check.

Piotroski F-score

3 / 9

FAILReturn on assets positiveROA -98.1%
FAILOperating cash flow positiveOCF -13M
FAILReturn on assets improving-33.8% → -98.1%
PASSCash flow exceeds earningsOCF -13M vs NI -73M
FAILLong-term debt ratio falling0.3% → 1.6% of assets
FAILCurrent ratio improving2.26 → 1.71
PASSNo share dilution31M → 836814 shares
FAILGross margin improving24.3% → -12.8%
PASSAsset turnover improving0.24× → 0.24×

Year

Revenue

Net income

Free cash flow

Gross margin

FY2021

$8.6M

−$16.4M

−$22.2M

17.5%

175,090,266

FY2022

$8.9M

−$110.1M

−$72.7M

-5.7%

263,323,238

FY2023

$22.1M

−$54.2M

−$66.1M

10.2%

30,424,686

FY2024

$31.3M

−$44.9M

−$22.2M

24.3%

30,841,396

FY2025

$18.1M

−$73.0M

—

-12.8%

836,814

Ownership flow

3 institutions tracked — 0 added, 3 reduced, 4 sold out.

Institutional holders of Cenntro Inc. and their share-count change
Manager	Kind	Shares	Change	Value
GEODE CAPITAL MANAGEMENT, LLC	Index	23,015	−2,366,999	$81,932
CITADEL ADVISORS LLC	Hedge fund	15,867	−97,028	$56,487
MORGAN STANLEY	Active fund	14	−7,650	$50

Questions about Cenntro Inc.

How many subsidiaries does Cenntro Inc. file with the SEC?

20, listed in its most recent exhibit 21. They are incorporated across 8 jurisdictions, led by Germany, USA, Mexico. That exhibit is filed with the company's annual report and is the company's own list, not an estimate.

Is Cenntro Inc. financially healthy?

Cenntro Inc. scores 3 out of 9 on the Piotroski F-score. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.

Who are the largest institutional holders of Cenntro Inc.?

Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are GEODE CAPITAL MANAGEMENT, LLC (trimming), CITADEL ADVISORS LLC (trimming), MORGAN STANLEY (trimming). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.