Financial Analysis: Cheche Group (CCG) & Its Peers

Cheche Group (NASDAQ:CCG) is one of 313 publicly-traded companies in the “Insurance” industry, but how does it contrast to its competitors? We will compare Cheche Group to related companies based on the strength of its analyst recommendations, valuation, risk, profitability, dividends, institutional ownership and earnings.

Profitability

This table compares Cheche Group and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Cheche Group	N/A	N/A	N/A
Cheche Group Competitors	10.28%	11.04%	4.10%

Analyst Recommendations

This is a breakdown of recent ratings and recommmendations for Cheche Group and its competitors, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Cheche Group	1	2	0	0	1.67
Cheche Group Competitors	3245	15355	16164	696	2.40

As a group, “Insurance” companies have a potential upside of 9.41%. Given Cheche Group’s competitors stronger consensus rating and higher possible upside, analysts clearly believe Cheche Group has less favorable growth aspects than its competitors.

Insider & Institutional Ownership

19.8% of Cheche Group shares are owned by institutional investors. Comparatively, 55.7% of shares of all “Insurance” companies are owned by institutional investors. 1.2% of Cheche Group shares are owned by insiders. Comparatively, 13.9% of shares of all “Insurance” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Volatility & Risk

Cheche Group has a beta of 0.18, suggesting that its stock price is 82% less volatile than the S&P 500. Comparatively, Cheche Group’s competitors have a beta of 0.61, suggesting that their average stock price is 39% less volatile than the S&P 500.

Earnings & Valuation

This table compares Cheche Group and its competitors top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Cheche Group	$430.40 million	-$2.47 million	-5.08
Cheche Group Competitors	$15.33 billion	$1.69 billion	35.20

Cheche Group’s competitors have higher revenue and earnings than Cheche Group. Cheche Group is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Summary

Cheche Group competitors beat Cheche Group on 13 of the 13 factors compared.

About Cheche Group

Cheche Group Inc. offer auto insurance technology platform. The company evolved into a comprehensive, data-driven technology platform which offers a full suite of services and products for digital insurance transactions and insurance SaaS solutions principally in China. Cheche Group Inc., formerly known as Prime Impact, is headquartered in Beijing, China.