Cheche Gross Profit from 2010 to 2024

CCG Stock   0.87  0.03  3.33%   
Cheche Group's Gross Profit is increasing over the last several years with slightly volatile swings. Gross Profit is predicted to flatten to about 111.8 M. Gross Profit is the profit Cheche Group Class makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2010-12-31
Previous Quarter
33.8 M
Current Value
30.9 M
Quarterly Volatility
11.4 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Cheche Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cheche Group's main balance sheet or income statement drivers, such as Depreciation And Amortization of 13.9 M, Interest Expense of 1.4 M or Selling General Administrative of 146.4 M, as well as many indicators such as Price To Sales Ratio of 0.6, Dividend Yield of 0.0 or PTB Ratio of 5.75. Cheche financial statements analysis is a perfect complement when working with Cheche Group Valuation or Volatility modules.
  
Check out the analysis of Cheche Group Correlation against competitors.

Latest Cheche Group's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Cheche Group Class over the last few years. Gross profit is a required income statement account that reflects total revenue of Cheche Group Class minus its cost of goods sold. It is profit before Cheche Group operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Cheche Group's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cheche Group's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 143.55 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Cheche Gross Profit Regression Statistics

Arithmetic Mean93,966,380
Geometric Mean84,096,823
Coefficient Of Variation35.31
Mean Deviation23,358,272
Median80,812,000
Standard Deviation33,181,977
Sample Variance1101T
Range131.5M
R-Value0.43
Mean Square Error966.8T
R-Squared0.18
Significance0.11
Slope3,188,325
Total Sum of Squares15414.6T

Cheche Gross Profit History

2024111.8 M
2023140.2 M
2022142.3 M
201580.8 M
2014106.7 M
2013142.3 M

Other Fundumenentals of Cheche Group Class

Cheche Group Gross Profit component correlations

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0.060.76-0.33-0.49-0.95-0.690.71-0.780.290.640.0-0.39-0.39-0.20.450.13-0.41-0.13-0.28-0.28
0.220.76-0.66-0.77-0.71-0.890.97-0.810.650.540.120.150.150.15-0.15-0.140.160.140.160.16
0.24-0.33-0.660.980.470.87-0.770.46-0.99-0.58-0.62-0.67-0.67-0.730.650.68-0.7-0.71-0.75-0.75
0.13-0.49-0.770.980.590.92-0.860.54-0.97-0.64-0.61-0.56-0.56-0.660.530.63-0.58-0.66-0.66-0.66
0.22-0.95-0.710.470.590.78-0.670.83-0.42-0.72-0.050.250.250.13-0.32-0.090.290.060.190.17
0.19-0.69-0.890.870.920.78-0.90.82-0.86-0.7-0.28-0.32-0.32-0.340.320.31-0.33-0.33-0.35-0.35
0.240.710.97-0.77-0.86-0.67-0.9-0.70.760.60.320.270.270.35-0.26-0.330.290.350.340.34
0.22-0.78-0.810.460.540.830.82-0.7-0.44-0.590.30.130.130.23-0.08-0.230.120.270.20.21
-0.210.290.65-0.99-0.97-0.42-0.860.76-0.440.610.610.680.680.76-0.7-0.710.740.720.780.77
-0.230.640.54-0.58-0.64-0.72-0.70.6-0.590.610.240.070.070.21-0.05-0.230.090.220.170.17
0.070.00.12-0.62-0.61-0.05-0.280.320.30.610.240.580.580.88-0.45-0.870.570.960.820.83
-0.1-0.390.15-0.67-0.560.25-0.320.270.130.680.070.581.00.75-0.93-0.60.940.750.880.9
-0.1-0.390.15-0.67-0.560.25-0.320.270.130.680.070.581.00.75-0.93-0.60.940.750.880.9
-0.01-0.20.15-0.73-0.660.13-0.340.350.230.760.210.880.750.75-0.76-0.980.850.960.980.96
0.130.45-0.150.650.53-0.320.32-0.26-0.08-0.7-0.05-0.45-0.93-0.93-0.760.65-0.99-0.67-0.87-0.87
-0.010.13-0.140.680.63-0.090.31-0.33-0.23-0.71-0.23-0.87-0.6-0.6-0.980.65-0.74-0.93-0.91-0.88
-0.11-0.410.16-0.7-0.580.29-0.330.290.120.740.090.570.940.940.85-0.99-0.740.760.930.93
0.02-0.130.14-0.71-0.660.06-0.330.350.270.720.220.960.750.750.96-0.67-0.930.760.940.95
-0.04-0.280.16-0.75-0.660.19-0.350.340.20.780.170.820.880.880.98-0.87-0.910.930.940.99
-0.04-0.280.16-0.75-0.660.17-0.350.340.210.770.170.830.90.90.96-0.87-0.880.930.950.99
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About Cheche Group Financial Statements

Cheche Group stakeholders use historical fundamental indicators, such as Cheche Group's Gross Profit, to determine how well the company is positioned to perform in the future. Although Cheche Group investors may analyze each financial statement separately, they are all interrelated. For example, changes in Cheche Group's assets and liabilities are reflected in the revenues and expenses on Cheche Group's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Cheche Group Class. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit140.2 M111.8 M
Gross Profit Margin 0.04  0.05 

Currently Active Assets on Macroaxis

When determining whether Cheche Group Class is a strong investment it is important to analyze Cheche Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cheche Group's future performance. For an informed investment choice regarding Cheche Stock, refer to the following important reports:
Check out the analysis of Cheche Group Correlation against competitors.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Insurance Brokers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cheche Group. If investors know Cheche will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cheche Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.43)
Revenue Per Share
49.558
Quarterly Revenue Growth
0.025
Return On Assets
(0.11)
Return On Equity
(0.46)
The market value of Cheche Group Class is measured differently than its book value, which is the value of Cheche that is recorded on the company's balance sheet. Investors also form their own opinion of Cheche Group's value that differs from its market value or its book value, called intrinsic value, which is Cheche Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cheche Group's market value can be influenced by many factors that don't directly affect Cheche Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cheche Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cheche Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cheche Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.