Cheche Group Class Stock Today

CCG Stock   0.85  0.04  4.49%   

Performance

3 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 37

 
High
 
Low
Below Average
Cheche Group is trading at 0.85 as of the 30th of November 2024. This is a 4.49 percent down since the beginning of the trading day. The stock's lowest day price was 0.85. Cheche Group has about a 37 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Cheche Group Class are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain
Insurance
IPO Date
18th of September 2023
Category
Communication Services
Classification
Financials
Campus Crest Communities, Inc., a real estate investment trust , engages in the ownership, development, building, and management of student housing properties under the Grove brand name in the United States. The company has 58.54 M outstanding shares of which 186.54 K shares are currently shorted by investors with about 0.46 days to cover. More on Cheche Group Class

Moving against Cheche Stock

  0.52TC TuanChe ADRPairCorr
  0.47MAX MediaAlphaPairCorr

Cheche Stock Highlights

Chairman CoCEOLei Zhang
Thematic Ideas
Showing 3 out of 7 themes
Old Names[Salazar Resources Limited, Salazar Resources Limited]
Business ConcentrationInsurance Brokers, Internet Content & Information, Communication Services, NASDAQ Composite, Insurance Providers, Banks, Data Storage, ISP, Wireless, Insurance, Financials, Insurance, Real Estate, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
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 can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Cheche Group's financial leverage. It provides some insight into what part of Cheche Group's total assets is financed by creditors.
Liquidity
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.

Change In Working Capital

2.11 Million
Cheche Group Class (CCG) is traded on NASDAQ Exchange in USA. It is located in Desheng Hopson Fortune Plaza, Beijing, China, 100088 and employs 635 people. Cheche Group is listed under Insurance Brokers category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a total capitalization of 77.09 M. Cheche Group Class runs under Insurance sector within Financials industry. The entity has 58.54 M outstanding shares of which 186.54 K shares are currently shorted by investors with about 0.46 days to cover. 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.
Check Cheche Group Probability Of Bankruptcy
Ownership Allocation
Cheche Group holds a total of 58.54 Million outstanding shares. Cheche Group Class shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 72.3 percent of Cheche Group Class outstanding shares that are owned by insiders signifies that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Cheche Ownership Details

Cheche Group Historical Income Statement

At this time, Cheche Group's Total Revenue is most likely to increase significantly in the upcoming years. The Cheche Group's current Other Operating Expenses is estimated to increase to about 3.6 B, while Gross Profit is projected to decrease to roughly 111.8 M. View More Fundamentals

Cheche Stock Against Markets

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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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.