Cheche Group Inc. Class A Ordinary Shares
Cheche Group Inc. provides auto insurance transaction services. The company offers digital insurance transaction products, such as Easy-Insur that provides a range of auto and non-auto insurance products underwritten by insurance carriers; and NEV Insurance Solution which assists NEV manufacturers in building a full-stack digital insurance service, including NEV insurance, one-click renewal, inte… Read more
Cheche Group Inc. Class A Ordinary Shares (CCG) - Net Assets
Latest net assets as of June 2025: $341.47 Million USD
Based on the latest financial reports, Cheche Group Inc. Class A Ordinary Shares (CCG) has net assets worth $341.47 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.28 Billion) and total liabilities ($943.35 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $341.47 Million |
| % of Total Assets | 26.58% |
| Annual Growth Rate | 2.75% |
| 5-Year Change | -24.83% |
| 10-Year Change | N/A |
| Growth Volatility | 131.92 |
Cheche Group Inc. Class A Ordinary Shares - Net Assets Trend (2010–2024)
This chart illustrates how Cheche Group Inc. Class A Ordinary Shares's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Cheche Group Inc. Class A Ordinary Shares (2010–2024)
The table below shows the annual net assets of Cheche Group Inc. Class A Ordinary Shares from 2010 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $355.75 Million | -5.93% |
| 2023-12-31 | $378.18 Million | +130.00% |
| 2022-12-31 | $-1.26 Billion | -25.40% |
| 2021-12-31 | $-1.01 Billion | -312.39% |
| 2014-12-31 | $473.27 Million | -31.45% |
| 2013-12-31 | $690.39 Million | +100.17% |
| 2012-12-31 | $344.90 Million | +51.87% |
| 2011-12-31 | $227.11 Million | -6.60% |
| 2010-12-31 | $243.16 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cheche Group Inc. Class A Ordinary Shares's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 217505700000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $6.00K | 0.00% |
| Other Comprehensive Income | $6.09 Million | 1.71% |
| Other Components | $2.52 Billion | 709.69% |
| Total Equity | $355.75 Million | 100.00% |
Cheche Group Inc. Class A Ordinary Shares Competitors by Market Cap
The table below lists competitors of Cheche Group Inc. Class A Ordinary Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
YXT.COM GROUP HOLDING LIMITED American Depository Shares
NASDAQ:YXT
|
$18.09 Million |
|
C-Com Satellite Systems Inc
OTCQB:CYSNF
|
$18.10 Million |
|
Upsales Technology AB
ST:UPSALE
|
$18.10 Million |
|
Asia Pacific Wire & Cable Corp Ltd
NASDAQ:APWC
|
$18.10 Million |
|
SECURE INC.
F:Q58
|
$18.08 Million |
|
Vertex Minerals Ltd
AU:VTX
|
$18.08 Million |
|
Fang Holdings Ltd
NYSE:SFUNY
|
$18.07 Million |
|
Communication & System Solution Public Company Limited
BK:CSS
|
$18.06 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cheche Group Inc. Class A Ordinary Shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 378,182,000 to 355,751,000, a change of -22,431,000 (-5.9%).
- Net loss of 61,236,000 reduced equity.
- Other comprehensive income increased equity by 4,936,000.
- Other factors increased equity by 33,869,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-61.24 Million | -17.21% |
| Other Comprehensive Income | $4.94 Million | +1.39% |
| Other Changes | $33.87 Million | +9.52% |
| Total Change | $- | -5.93% |
Book Value vs Market Value Analysis
This analysis compares Cheche Group Inc. Class A Ordinary Shares's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.19x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | $7.26 | $0.77 | x |
| 2011-12-31 | $6.78 | $0.77 | x |
| 2012-12-31 | $11071.23 | $0.77 | x |
| 2013-12-31 | $11426.86 | $0.77 | x |
| 2014-12-31 | $7269.72 | $0.77 | x |
| 2021-12-31 | $-12.65 | $0.77 | x |
| 2022-12-31 | $-15.86 | $0.77 | x |
| 2023-12-31 | $5.01 | $0.77 | x |
| 2024-12-31 | $4.11 | $0.77 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cheche Group Inc. Class A Ordinary Shares utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -17.21%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.76%
- • Asset Turnover: 2.70x
- • Equity Multiplier: 3.62x
- Recent ROE (-17.21%) is below the historical average (-11.79%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 1.66% | 3.99% | 0.18x | 2.36x | $-18.93 Million |
| 2012 | 1.08% | 3.93% | 0.14x | 2.02x | $-30.76 Million |
| 2013 | -0.66% | -3.18% | 0.12x | 1.71x | $-73.57 Million |
| 2014 | -36.96% | -163.88% | 0.09x | 2.49x | $-222.25 Million |
| 2021 | 0.00% | -8.44% | 2.00x | 0.00x | $-45.94 Million |
| 2022 | 0.00% | -3.40% | 3.76x | 0.00x | $35.03 Million |
| 2023 | -42.20% | -4.83% | 3.69x | 2.36x | $-197.41 Million |
| 2024 | -17.21% | -1.76% | 2.70x | 3.62x | $-96.81 Million |
Industry Comparison
This section compares Cheche Group Inc. Class A Ordinary Shares's net assets metrics with peer companies in the Internet Content & Information industry.
Industry Context
- Industry: Internet Content & Information
- Average net assets among peers: $3,625,500,796
- Average return on equity (ROE) among peers: 1.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cheche Group Inc. Class A Ordinary Shares (CCG) | $341.47 Million | 1.66% | 2.76x | $18.08 Million |
| ADWYF (ADWYF) | $12.45 Billion | 1.32% | 0.53x | $40.28 Million |
| Allied Energy Inc (AGGI) | $-1.09 Million | 0.00% | 0.00x | $122.37 Million |
| Calibre (ALWIN) | $-687.00K | 0.00% | 0.00x | $6.06 Million |
| ANGI Homeservices Inc (ANGI) | $176.39 Million | -4.45% | 0.68x | $215.27 Million |
| ApartmentLove Inc (APMLF) | $-12.38K | 0.00% | 0.00x | $1.13K |
| Arena Group Holdings Inc (AREN) | $-52.15 Million | 0.00% | 0.00x | $35.83 Million |
| Autohome Inc (ATHM) | $7.12 Billion | 13.92% | 0.06x | $2.50 Billion |
| Bebuzee Inc. (BBUZ) | $237.99 Million | -0.19% | 0.00x | $636.50 |
| BDCTF (BDCTF) | $3.15 Million | -39.54% | 7.80x | $12.72 Million |
| Baidu Inc (BIDU) | $16.33 Billion | 40.66% | 0.43x | $41.50 Billion |