{
 "as_of": "2026-11-06",
 "cmr": "de-cm-kg/XETRA/CSH",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# CENIT AG O.N. (Xetra: CSH) — research page\n\nAs of 2026-11-06 · de-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is CENIT AG O.N., listed on Xetra under ticker CSH, ISIN DE0005407100, LEI 391200KYFPOLFJNEWL98. Its security type is Corporate, its segment is DEUTSCHLAND, and its jurisdiction is Germany (Handelsregister HRB). Its sector is not on the record. Its status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 2 filings in the window 2025-11-06 to 2026-11-06, on 2 filing days, both of type corporate_news. The median gap between filing days is 112 days. The latest filing is dated 2026-07-30, 99 days before the record date of 2026-11-06, and is of type corporate_news. The Xetra exchange median for filings is 6, for cadence gap 22.8 days, and for latency 5.5 days; the issuer's filing count of 2 is below the Xetra median of 6, and its cadence gap of 112 days is above the Xetra median of 22.8 days. The sector median is not on the record for this market.\n\n## Auditor\n\nThe auditor of record is not on the record. The record carries the annual report link only, as a source link and not a read. The auditor's location is not on the record, and auditor changes are not on the record.\n\n## Events and halts\n\nListing, delisting, name change, domicile change and segment move are not on the record, because the register has no lifecycle type map yet. The halt flag is listed, not halted.\n\n## Orderability\n\nThe outcome is determinable for all three client categories, and each carries signal ACM-200: Professionelle Kunden, Privatkunden and Geeignete Gegenparteien. The rule version is acm-68000/de/mifid-ii-product-governance-produkt-berwachung/r1, and the chapter is as of 2026-11-04.\n\n## Coverage\n\nNo research houses were found on the issuer's investor-relations pages read. The count is 0.\n\n## Open research\n\nThe record holds 6 openly published research notes. Publishers and dates are: Warburg Research on 2025-11-07; Hauck Aufhäuser Investment Banking on 2025-04-15; GBC AG on 2024-04-10; GBC AG on 2023-11-03; GBC AG on 2023-04-06; and GBC AG on 2023-02-06.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe market's vintage is not sealed. No issuer years are sealed, the market's earliest sealed date is not on the record, and the live record began is not on the record.\n\n## Sources\n\n13 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (identity.exchange)\n- https://api.gleif.org/api/v1/lei-records/391200KYFPOLFJNEWL98 (identity.jurisdiction)\n- https://mapping.gleif.org/api/v2/isin-lei/latest/download (identity.lei)\n- https://mcp.de-cm-kg.ai/events/XETRA/CSH (the disclosure lines)\n- https://www.cashmarket.deutsche-boerse.com/cash-en/Stay-Informed/current-regulatory-topics/mifid-ii-releases/4086638!suspension-list (the halt flag)\n- https://mcp.de-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://www.cenit.com/fileadmin/Media/cenit/investorrelations/pdf/reports/research/Warburg/Warburg_07_11_2025_en.pdf (open research)\n- https://www.cenit.com/fileadmin/Media/cenit/investorrelations/pdf/reports/research/Hauck/Hauck_Aufhaeuser_20250415_update.pdf (open research)\n- https://www.cenit.com/fileadmin/Media/cenit/investorrelations/pdf/reports/research/GBC/GBC_20240411_Cenit_Comment_en.pdf (open research)\n- https://www.cenit.com/fileadmin/Media/cenit/investorrelations/pdf/reports/research/GBC/GBC_20231103_Cenit_Comment_EN.pdf (open research)\n- https://www.cenit.com/fileadmin/Media/cenit/investorrelations/pdf/reports/research/GBC/GBC_20230406_Cenit_Anno_engl.pdf (open research)\n- https://www.cenit.com/fileadmin/Media/cenit/investorrelations/pdf/reports/research/GBC/GBC_20230206_Cenit_Comment_engl.pdf (open research)\n- https://mcp.de-cm-kg.ai/record/XETRA/CSH (the record)\n",
 "market": "DE",
 "node": "de-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": null,
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "the DE vintage is not sealed; the record is the live record as of 2026-11-06",
   "record_version": 1,
   "sealed": false
  },
  "auditor": {
   "auditor": {
    "market": "DE",
    "reason": "Width 0 records the annual report link only (ORDER-015: source link, not a read)",
    "state": "not_on_record"
   },
   "auditor_firm_id": {
    "market": "DE",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "DE",
    "state": "not_on_record"
   },
   "changes": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "cmr": "de-cm-kg/XETRA/CSH",
  "coverage": {
   "count": 0,
   "houses": [],
   "pages_checked": [],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": null,
   "state": "none_found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 419,
     "median_cadence_gap_days": 22.8,
     "median_filings": 6,
     "median_latency_days": 5.5,
     "name": "Xetra"
    },
    "sector": {
     "market": "DE",
     "state": "not_on_record"
    }
   },
   "by_type": {
    "corporate_news": 2
   },
   "cadence_median_gap_days": 112,
   "filing_days": 2,
   "filings": 2,
   "latency_days": 99,
   "latest": [
    {
     "category": "corporate",
     "date": "2026-07-30",
     "source": "https://www.eqs-news.com/news/corporate/cenit-ag-startet-bezugsrechtskapitalerhohung/164f6829-399f-4dd6-964f-926b447dce46",
     "title": "CENIT AG startet Bezugsrechtskapitalerhöhung | Corporate - EQS News",
     "type": "corporate_news"
    },
    {
     "category": "corporate",
     "date": "2026-04-09",
     "source": "https://www.eqs-news.com/news/corporate/cenit-reports-a-strong-fiscal-year-2025-and-looks-confidently-toward-the-current-year-ebitda-forecast-2026-46-6/0fb7cd63-1c42-40b5-a956-f9a0f2fbad8f_en",
     "title": "CENIT reports a strong fiscal year 2025 and looks confidently toward the current year (EBITDA Forecast 2026 +46.6%) | Corporate - EQS News",
     "type": "corporate_news"
    }
   ],
   "latest_filing_date": "2026-07-30",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.de-cm-kg.ai/events/XETRA/CSH",
   "window": {
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    "to": "2026-11-06"
   }
  },
  "identity": {
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    "read_by": "Xetra all-tradable-instruments file (exchange list, daily) (Date Last Update:;11.09.2026)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "sourced",
    "value": "Xetra"
   },
   "isin": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "confirmed",
    "value": "DE0005407100"
   },
   "jurisdiction": {
    "read_by": "GLEIF LEI record (LEI per the LEI column) (registeredAs)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://api.gleif.org/api/v1/lei-records/391200KYFPOLFJNEWL98",
    "state": "sourced",
    "value": "Germany (Handelsregister HRB)"
   },
   "lei": {
    "read_by": "GLEIF ISIN-to-LEI mapping file (daily), LEI by exact ISIN",
    "read_date": "2026-11-09",
    "read_date_basis": "the field",
    "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download (ISIN DE0005407100)",
    "state": "sourced",
    "value": "391200KYFPOLFJNEWL98"
   },
   "name": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily) (Date Last Update:;11.09.2026)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "sourced",
    "value": "CENIT AG O.N."
   },
   "sector": {
    "market": "DE",
    "reason": "the Xetra instruments file carries index membership, not a sector classification",
    "state": "not_on_record"
   },
   "security_type": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily) (Date Last Update:;11.09.2026)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "sourced",
    "value": "Corporate"
   },
   "segment": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily) (Date Last Update:;11.09.2026)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "sourced",
    "value": "DEUTSCHLAND"
   },
   "ticker": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily) (Date Last Update:;11.09.2026)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "sourced",
    "value": "CSH"
   },
   "website": {
    "market": "DE",
    "state": "not_on_record"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "domicile_change": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "listing": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "name_change": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "segment_move": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "market": "DE",
  "node": "de-cm-kg",
  "numbers_hash": "sha256:6269fd9b00856cbe5782e8d407df4ace5ea55bdf9ac61e2d267896dcbe05747e",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [
    {
     "date": "2025-11-07",
     "kind": "issuer-sponsored",
     "publisher": "Warburg Research",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://www.cenit.com/fileadmin/Media/cenit/investorrelations/pdf/reports/research/Warburg/Warburg_07_11_2025_en.pdf",
     "state": "sourced",
     "title": "CENIT_Comment_20251107_en"
    },
    {
     "date": "2025-04-15",
     "kind": "issuer-sponsored",
     "publisher": "Hauck Aufhäuser Investment Banking",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://www.cenit.com/fileadmin/Media/cenit/investorrelations/pdf/reports/research/Hauck/Hauck_Aufhaeuser_20250415_update.pdf",
     "state": "sourced",
     "title": "CENIT AG"
    },
    {
     "date": "2024-04-10",
     "kind": "issuer-sponsored",
     "publisher": "GBC AG",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://www.cenit.com/fileadmin/Media/cenit/investorrelations/pdf/reports/research/GBC/GBC_20240411_Cenit_Comment_en.pdf",
     "state": "sourced",
     "title": "Research Report (Anno) — CENIT AG: Sales and earnings in line with expectations"
    },
    {
     "date": "2023-11-03",
     "kind": "issuer-sponsored",
     "publisher": "GBC AG",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://www.cenit.com/fileadmin/Media/cenit/investorrelations/pdf/reports/research/GBC/GBC_20231103_Cenit_Comment_EN.pdf",
     "state": "sourced",
     "title": "Research Comment"
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    {
     "date": "2023-04-06",
     "kind": "issuer-sponsored",
     "publisher": "GBC AG",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://www.cenit.com/fileadmin/Media/cenit/investorrelations/pdf/reports/research/GBC/GBC_20230406_Cenit_Anno_engl.pdf",
     "state": "sourced",
     "title": "Research Report (Anno)"
    },
    {
     "date": "2023-02-06",
     "kind": "issuer-sponsored",
     "publisher": "GBC AG",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://www.cenit.com/fileadmin/Media/cenit/investorrelations/pdf/reports/research/GBC/GBC_20230206_Cenit_Comment_engl.pdf",
     "state": "sourced",
     "title": "Research Comment– CENIT AG"
    }
   ],
   "state": "found"
  },
  "orderability": {
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   "client_categories": [
    "Professionelle Kunden",
    "Privatkunden",
    "Geeignete Gegenparteien"
   ],
   "outcomes": {
    "Geeignete Gegenparteien": {
     "determinable": true,
     "signal": "ACM-200"
    },
    "Privatkunden": {
     "determinable": true,
     "signal": "ACM-200"
    },
    "Professionelle Kunden": {
     "determinable": true,
     "signal": "ACM-200"
    }
   },
   "read": {
    "basis": "one live read per instrument class, halt state and client category on this market; this issuer's group",
    "chapter": "https://mcp.de-cm-kg.ai/book/aio.json",
    "door": "https://mcp.de-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "rule_version": "acm-68000/de/mifid-ii-product-governance-produkt-berwachung/r1",
   "section": "de.aio.v13"
  },
  "record": {
   "as_of": "2026-11-06",
   "url": "https://mcp.de-cm-kg.ai/record/XETRA/CSH",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-09",
   "source": "https://www.cashmarket.deutsche-boerse.com/cash-en/Stay-Informed/current-regulatory-topics/mifid-ii-releases/4086638!suspension-list",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:6269fd9b00856cbe5782e8d407df4ace5ea55bdf9ac61e2d267896dcbe05747e",
 "path": "/de/XETRA/CSH",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is CENIT AG O.N., listed on Xetra under ticker CSH, ISIN DE0005407100, LEI 391200KYFPOLFJNEWL98. Its security type is Corporate, its segment is DEUTSCHLAND, and its jurisdiction is Germany (Handelsregister HRB). Its sector is not on the record. Its status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 2 filings in the window 2025-11-06 to 2026-11-06, on 2 filing days, both of type corporate_news. The median gap between filing days is 112 days. The latest filing is dated 2026-07-30, 99 days before the record date of 2026-11-06, and is of type corporate_news. The Xetra exchange median for filings is 6, for cadence gap 22.8 days, and for latency 5.5 days; the issuer's filing count of 2 is below the Xetra median of 6, and its cadence gap of 112 days is above the Xetra median of 22.8 days. The sector median is not on the record for this market.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is not on the record. The record carries the annual report link only, as a source link and not a read. The auditor's location is not on the record, and auditor changes are not on the record.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "Listing, delisting, name change, domicile change and segment move are not on the record, because the register has no lifecycle type map yet. The halt flag is listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "The outcome is determinable for all three client categories, and each carries signal ACM-200: Professionelle Kunden, Privatkunden and Geeignete Gegenparteien. The rule version is acm-68000/de/mifid-ii-product-governance-produkt-berwachung/r1, and the chapter is as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "No research houses were found on the issuer's investor-relations pages read. The count is 0.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "The record holds 6 openly published research notes. Publishers and dates are: Warburg Research on 2025-11-07; Hauck Aufhäuser Investment Banking on 2025-04-15; GBC AG on 2024-04-10; GBC AG on 2023-11-03; GBC AG on 2023-04-06; and GBC AG on 2023-02-06.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The market's vintage is not sealed. No issuer years are sealed, the market's earliest sealed date is not on the record, and the live record began is not on the record.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "13 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares"
  },
  {
   "for": "identity.jurisdiction",
   "source": "https://api.gleif.org/api/v1/lei-records/391200KYFPOLFJNEWL98"
  },
  {
   "for": "identity.lei",
   "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.de-cm-kg.ai/events/XETRA/CSH"
  },
  {
   "for": "the halt flag",
   "source": "https://www.cashmarket.deutsche-boerse.com/cash-en/Stay-Informed/current-regulatory-topics/mifid-ii-releases/4086638!suspension-list"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.de-cm-kg.ai/book/aio.json"
  },
  {
   "for": "open research",
   "source": "https://www.cenit.com/fileadmin/Media/cenit/investorrelations/pdf/reports/research/Warburg/Warburg_07_11_2025_en.pdf"
  },
  {
   "for": "open research",
   "source": "https://www.cenit.com/fileadmin/Media/cenit/investorrelations/pdf/reports/research/Hauck/Hauck_Aufhaeuser_20250415_update.pdf"
  },
  {
   "for": "open research",
   "source": "https://www.cenit.com/fileadmin/Media/cenit/investorrelations/pdf/reports/research/GBC/GBC_20240411_Cenit_Comment_en.pdf"
  },
  {
   "for": "open research",
   "source": "https://www.cenit.com/fileadmin/Media/cenit/investorrelations/pdf/reports/research/GBC/GBC_20231103_Cenit_Comment_EN.pdf"
  },
  {
   "for": "open research",
   "source": "https://www.cenit.com/fileadmin/Media/cenit/investorrelations/pdf/reports/research/GBC/GBC_20230406_Cenit_Anno_engl.pdf"
  },
  {
   "for": "open research",
   "source": "https://www.cenit.com/fileadmin/Media/cenit/investorrelations/pdf/reports/research/GBC/GBC_20230206_Cenit_Comment_engl.pdf"
  },
  {
   "for": "the record",
   "source": "https://mcp.de-cm-kg.ai/record/XETRA/CSH"
  }
 ],
 "title": "CENIT AG O.N. (CSH) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}