Reviewing Cheche Group (CCG) & Its Peers

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

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%

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 -5.38
Cheche Group Competitors $15.35 billion $1.69 billion 35.30

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.

Analyst Recommendations

This is a breakdown of current recommendations and price targets for Cheche Group and its competitors, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cheche Group 1 2 0 0 1.67
Cheche Group Competitors 3244 15352 16162 696 2.40

As a group, “Insurance” companies have a potential upside of 9.82%. Given Cheche Group’s competitors stronger consensus rating and higher probable upside, analysts plainly believe Cheche Group has less favorable growth aspects than its competitors.

Institutional and Insider Ownership

19.8% of Cheche Group shares are held by institutional investors. Comparatively, 55.7% of shares of all “Insurance” companies are held by institutional investors. 1.2% of Cheche Group shares are held by company insiders. Comparatively, 13.9% of shares of all “Insurance” companies are held 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.

Risk and Volatility

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.

Summary

Cheche Group competitors 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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