Cheche Group (CCG) vs. Its Competitors Critical Review

Cheche Group (NASDAQ:CCG) 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 companies based on the strength of its dividends, institutional ownership, valuation, profitability, risk, analyst recommendations and earnings.

Insider and Institutional 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.

Volatility and Risk

Cheche Group has a beta of 0.18, meaning that its share 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 share 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	10.29%	-10.64%	4.10%

Earnings and Valuation

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Cheche Group	$430.40 million	-$2.47 million	-4.64
Cheche Group Competitors	$15.31 billion	$1.69 billion	34.80

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 summary of recent recommendations for Cheche Group and its competitors, as reported 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	3250	15380	16188	699	2.40

As a group, “Insurance” companies have a potential upside of 11.82%. 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.

Summary

Cheche Group competitors beat Cheche Group on 12 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.