Cheche Return On Tangible Assets from 2010 to 2024

CCGWW Stock   0.03  0.01  30.00%   
Cheche Group Return On Tangible Assets yearly trend continues to be fairly stable with very little volatility. Return On Tangible Assets will likely drop to -0.21 in 2024. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
(0.20)
Current Value
(0.21)
Quarterly Volatility
0.01278008
 
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 Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Cheche Group Warrant over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Cheche Group's Return On Tangible Assets 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.
Return On Tangible Assets10 Years Trend
Very volatile
   Return On Tangible Assets   
       Timeline  

Cheche Return On Tangible Assets Regression Statistics

Arithmetic Mean(0.19)
Coefficient Of Variation(6.76)
Mean Deviation0.01
Median(0.19)
Standard Deviation0.01
Sample Variance0.0002
Range0.0627
R-Value0.02
Mean Square Error0.0002
R-Squared0.0003
Significance0.95
Slope0.000052
Total Sum of Squares0

Cheche Return On Tangible Assets History

2024 -0.21
2023 -0.2
2022 -0.15

About Cheche Group Financial Statements

Cheche Group investors use historical fundamental indicators, such as Cheche Group's Return On Tangible Assets, 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 Tangible Assets(0.20)(0.21)

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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.