Cheche Group Class Stock Piotroski F Score

CCG Stock   0.87  0.03  3.33%   
This module uses fundamental data of Cheche Group to approximate its Piotroski F score. Cheche Group F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Cheche Group Class. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Cheche Group financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Cheche Group Altman Z Score, Cheche Group Correlation, Cheche Group Valuation, as well as analyze Cheche Group Alpha and Beta and Cheche Group Hype Analysis.
  
At this time, Cheche Group's Debt To Equity is most likely to increase slightly in the upcoming years. The Cheche Group's current Interest Debt Per Share is estimated to increase to 0.50, while Net Debt is forecasted to increase to (203.3 M).
At this time, it appears that Cheche Group's Piotroski F Score is Healthy. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
5.0
Piotroski F Score - Healthy
Current Return On Assets

Negative

Focus
Change in Return on Assets

Decreased

Focus
Cash Flow Return on Assets

Negative

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Decrease

Focus
Current Ratio Change

Increase

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

Increase

Focus

Cheche Group Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Cheche Group is to make sure Cheche is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Cheche Group's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Cheche Group's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover2.523.693
Way Down
Slightly volatile
Gross Profit Margin0.05210.0425
Fairly Up
Slightly volatile
Total Current Liabilities526.6 M501.5 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total13.5 M14.3 M
Notably Down
Pretty Stable
Total Assets884.8 M894 M
Fairly Down
Pretty Stable
Total Current Assets819.3 M780.3 M
Sufficiently Up
Slightly volatile

Cheche Group Class F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Cheche Group's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Cheche Group in a much-optimized way.

About Cheche Group Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Common Stock Shares Outstanding

37.34 Million

At this time, Cheche Group's Common Stock Shares Outstanding is most likely to increase significantly in the upcoming years.

About Cheche Group Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Cheche Group Class's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cheche Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cheche Group Class based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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 Cheche Group Altman Z Score, Cheche Group Correlation, Cheche Group Valuation, as well as analyze Cheche Group Alpha and Beta and Cheche Group Hype Analysis.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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.