Financial Survey: Cheche Group (CCG) & The Competition

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

Analyst Recommendations

This is a summary of recent ratings and price targets for Cheche Group and its competitors, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Cheche Group	1	2	0	0	1.67
Cheche Group Competitors	3251	15394	16205	705	2.40

As a group, “Insurance” companies have a potential upside of 12.92%. Given Cheche Group’s competitors stronger consensus rating and higher possible upside, analysts plainly believe Cheche Group has less favorable growth aspects than its competitors.

Risk and Volatility

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

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	10.30%	-10.55%	4.10%

Valuation & Earnings

This table compares Cheche Group and its competitors gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Cheche Group	$430.40 million	-$2.47 million	-4.04
Cheche Group Competitors	$15.33 billion	$1.69 billion	34.59

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.

Institutional & Insider 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 endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Summary

Cheche Group competitors beat Cheche Group on 12 of the 13 factors compared.

Cheche Group Company Profile

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.