Cheche Group Net Worth

Cheche Group Net Worth Breakdown

  CCG
The net worth of Cheche Group Class is the difference between its total assets and liabilities. Cheche Group's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Cheche Group's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Cheche Group's net worth can be used as a measure of its financial health and stability which can help investors to decide if Cheche Group is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Cheche Group Class stock.

Cheche Group Net Worth Analysis

Cheche Group's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Cheche Group's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Cheche Group's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Cheche Group's net worth analysis. One common approach is to calculate Cheche Group's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Cheche Group's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Cheche Group's net worth. This approach calculates the present value of Cheche Group's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Cheche Group's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Cheche Group's net worth. This involves comparing Cheche Group's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Cheche Group's net worth relative to its peers.

Enterprise Value

1.77 Billion

To determine if Cheche Group is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Cheche Group's net worth research are outlined below:
Cheche Group Class had very high historical volatility over the last 90 days
Cheche Group Class has some characteristics of a very speculative penny stock
Cheche Group Class has 29.35 M in debt with debt to equity (D/E) ratio of 1.79, which is OK given its current industry classification. Cheche Group Class has a current ratio of 0.17, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Cheche to invest in growth at high rates of return.
The entity reported the last year's revenue of 3.3 B. Reported Net Loss for the year was (159.59 M) with profit before taxes, overhead, and interest of 143.55 M.
Cheche Group Class has about 20.67 M in cash with (26.95 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.21.
Roughly 72.0% of Cheche Group shares are held by company insiders
Latest headline from finance.yahoo.com: Cheche Group Schedules Third Quarter 2024 Earnings Release and Conference Call Date

Cheche Group Quarterly Good Will

84.61 Million

Cheche Group uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Cheche Group Class. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Cheche Group's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
25th of September 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

Follow Cheche Group's market capitalization trends

The company currently falls under 'Micro-Cap' category with a total capitalization of 77.09 M.

Market Cap

1.97 Billion

Project Cheche Group's profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets(0.20)(0.21)
Return On Capital Employed(0.43)(0.45)
Return On Assets(0.18)(0.19)
Return On Equity(0.42)(0.40)
The company has Net Profit Margin of (0.04) %, which means that it does not effectively control expenditures or properly executes on its pricing strategies. This is way below average. In the same way, it shows Net Operating Margin of (0.03) %, which entails that for every $100 of revenue, it lost $0.03.
When accessing Cheche Group's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Cheche Group's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Cheche Group's profitability and make more informed investment decisions.

Evaluate Cheche Group's management efficiency

Cheche Group Class has Return on Asset of (0.1099) % which means that on every $100 spent on assets, it lost $0.1099. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.4595) %, meaning that it generated no profit with money invested by stockholders. Cheche Group's management efficiency ratios could be used to measure how well Cheche Group manages its routine affairs as well as how well it operates its assets and liabilities. The current Return On Tangible Assets is estimated to decrease to -0.21. The current Return On Capital Employed is estimated to decrease to -0.45. At this time, Cheche Group's Intangible Assets are most likely to decrease significantly in the upcoming years. The Cheche Group's current Intangibles To Total Assets is estimated to increase to 0.13, while Other Assets are projected to decrease to roughly 492.5 M.
Last ReportedProjected for Next Year
Book Value Per Share 8.33  8.74 
Tangible Book Value Per Share 6.29  6.60 
Enterprise Value Over EBITDA(12.65)(13.28)
Price Book Value Ratio 5.48  5.75 
Enterprise Value Multiple(12.65)(13.28)
Price Fair Value 5.48  5.75 
Enterprise Value1.9 B1.8 B
Cheche Group showcases strong leadership that adapts to market changes and drives innovation. Our analysis explores how this adaptability affects the stock's investment appeal.
Enterprise Value Revenue
0.0971
Revenue
3.3 B
Quarterly Revenue Growth
0.025
Revenue Per Share
49.558
Return On Equity
(0.46)
Cheche Group time-series forecasting models is one of many Cheche Group's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Cheche Group's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Cheche Group Earnings per Share Projection vs Actual

Cheche Group Corporate Management

Cheng ZhongCoChief OfficerProfile
Wenting JiChief OfficerProfile
Yanjun LiuChief OfficerProfile
Jianxiang ZhouChief OfficerProfile
Weiqing XiangFinancial ControllerProfile
Ting LinChief OfficerProfile
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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Cheche Group Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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.