Cheche Return On Equity from 2010 to 2024

CCGWW Stock   0.02  0  5.26%   
Cheche Group Return On Equity yearly trend continues to be fairly stable with very little volatility. Return On Equity is likely to outpace its year average in 2024. Return On Equity is a measure of the profitability of Cheche Group Warrant in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
(0.42)
Current Value
(0.40)
Quarterly Volatility
0.19485541
 
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 0.0, Ptb Ratio of 0.0 or Days Sales Outstanding of 66.34. 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 Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Cheche Group Warrant over the last few years. Return on Equity is the amount of Cheche Group Warrant net income returned as a percentage of Cheche Group equity. Return on equity measures Cheche Group profitability by revealing how much profit Cheche Group Warrant generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Cheche Group's Return On Equity 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 -0.4610 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Cheche Return On Equity Regression Statistics

Arithmetic Mean0.07
Geometric Mean0.16
Coefficient Of Variation292.67
Mean Deviation0.13
Median0.15
Standard Deviation0.19
Sample Variance0.04
Range0.5677
R-Value(0.62)
Mean Square Error0.03
R-Squared0.39
Significance0.01
Slope(0.03)
Total Sum of Squares0.53

Cheche Return On Equity History

2024 -0.4
2023 -0.42
2022 0.0722

About Cheche Group Financial Statements

Cheche Group investors use historical fundamental indicators, such as Cheche Group's Return On Equity, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Cheche Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity(0.42)(0.40)

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Additional Tools for Cheche Stock Analysis

When running Cheche Group's price analysis, check to measure Cheche Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cheche Group is operating at the current time. Most of Cheche Group's value examination focuses on studying past and present price action to predict the probability of Cheche Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cheche Group's price. Additionally, you may evaluate how the addition of Cheche Group to your portfolios can decrease your overall portfolio volatility.