Analyzing Cheche Group (CCG) and Its Rivals

Cheche Group (NASDAQ:CCGGet Free Report) is one of 313 public companies in the “Insurance” industry, but how does it contrast to its rivals? We will compare Cheche Group to similar businesses based on the strength of its institutional ownership, earnings, analyst recommendations, valuation, dividends, profitability and risk.

Earnings & Valuation

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

Gross Revenue Net Income Price/Earnings Ratio
Cheche Group $430.40 million -$2.47 million -5.70
Cheche Group Competitors $15.33 billion $1.69 billion 35.21

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

Profitability

This table compares Cheche Group and its rivals’ 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% 11.06% 4.11%

Volatility and 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 rivals have a beta of 0.61, suggesting that their average stock price is 39% less volatile than the S&P 500.

Analyst Ratings

This is a summary of current ratings and price targets for Cheche Group and its rivals, 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 3244 15352 16159 695 2.40

As a group, “Insurance” companies have a potential upside of 10.63%. Given Cheche Group’s rivals stronger consensus rating and higher possible upside, analysts clearly believe Cheche Group has less favorable growth aspects than its rivals.

Institutional and Insider Ownership

19.8% of Cheche Group shares are owned by institutional investors. Comparatively, 55.8% of shares of all “Insurance” companies are owned by institutional investors. 1.4% of Cheche Group shares are owned by company insiders. Comparatively, 13.8% of shares of all “Insurance” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Summary

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

About Cheche Group

(Get Free Report)

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.

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