Cheche Group Class Stock Return On Asset
| CCG Stock | 0.87 0.03 3.33% |
Cheche Group Class fundamentals help investors to digest information that contributes to Cheche Group's financial success or failures. It also enables traders to predict the movement of Cheche Stock. The fundamental analysis module provides a way to measure Cheche Group's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Cheche Group stock.
The current Return On Assets is estimated to decrease to -0.19. Cheche | Return On Asset |
Cheche Group Class Company Return On Asset Analysis
Cheche Group's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Cheche Group Return On Asset | -0.11 |
Most of Cheche Group's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Cheche Group Class is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cheche Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Cheche Group is extremely important. It helps to project a fair market value of Cheche Stock properly, considering its historical fundamentals such as Return On Asset. Since Cheche Group's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Cheche Group's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Cheche Group's interrelated accounts and indicators.
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Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Cheche Total Assets
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Based on the latest financial disclosure, Cheche Group Class has a Return On Asset of -0.1099. This is 76.62% lower than that of the Insurance sector and notably lower than that of the Financials industry. The return on asset for all United States stocks is 21.5% lower than that of the firm.
Cheche Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cheche Group's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Cheche Group could also be used in its relative valuation, which is a method of valuing Cheche Group by comparing valuation metrics of similar companies.Cheche Group is currently under evaluation in return on asset category among its peers.
Cheche Fundamentals
| Return On Equity | -0.46 | ||||
| Return On Asset | -0.11 | ||||
| Profit Margin | (0.04) % | ||||
| Operating Margin | (0.03) % | ||||
| Current Valuation | 44.65 M | ||||
| Shares Outstanding | 58.54 M | ||||
| Shares Owned By Insiders | 72.30 % | ||||
| Shares Owned By Institutions | 0.68 % | ||||
| Number Of Shares Shorted | 180.35 K | ||||
| Price To Earning | 58.75 X | ||||
| Price To Book | 1.43 X | ||||
| Price To Sales | 0.02 X | ||||
| Revenue | 3.3 B | ||||
| Gross Profit | 143.55 M | ||||
| EBITDA | (146.95 M) | ||||
| Net Income | (159.59 M) | ||||
| Cash And Equivalents | 20.67 M | ||||
| Cash Per Share | 0.21 X | ||||
| Total Debt | 29.35 M | ||||
| Debt To Equity | 1.79 % | ||||
| Current Ratio | 0.17 X | ||||
| Book Value Per Share | 4.52 X | ||||
| Cash Flow From Operations | (26.95 M) | ||||
| Short Ratio | 0.46 X | ||||
| Earnings Per Share | (1.43) X | ||||
| Target Price | 2.5 | ||||
| Number Of Employees | 635 | ||||
| Beta | 0.31 | ||||
| Market Capitalization | 77.09 M | ||||
| Total Asset | 893.98 M | ||||
| Retained Earnings | (2.11 B) | ||||
| Working Capital | 278.72 M | ||||
| Current Asset | 26.14 M | ||||
| Current Liabilities | 54.3 M | ||||
| Net Asset | 893.98 M |
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.
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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 Piotroski F Score and Cheche Group Altman Z Score analysis. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
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.