Cheche Gross Profit from 2010 to 2024

CCG Stock   1.20  0.04  3.23%   
Cheche's Gross Profit is increasing over the last several years with slightly volatile swings. Gross Profit is predicted to flatten to about 111.8 M. Gross Profit is the profit Cheche Group makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2010-12-31
Previous Quarter
43.3 M
Current Value
33.8 M
Quarterly Volatility
11.9 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Cheche financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cheche main balance sheet or income statement drivers, such as Depreciation And Amortization of 13.9 M, Interest Expense of 1.4 M or Selling General Administrative of 146.4 M, as well as many exotic indicators such as Price To Sales Ratio of 0.6, Dividend Yield of 0.0 or PTB Ratio of 5.75. Cheche financial statements analysis is a perfect complement when working with Cheche Valuation or Volatility modules.
  
This module can also supplement various Cheche Technical models . Check out the analysis of Cheche Correlation against competitors.

Latest Cheche's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Cheche Group over the last few years. Gross profit is a required income statement account that reflects total revenue of Cheche Group minus its cost of goods sold. It is profit before Cheche operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Cheche's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cheche's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 143.55 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Cheche Gross Profit Regression Statistics

Arithmetic Mean93,966,380
Geometric Mean84,096,823
Coefficient Of Variation35.31
Mean Deviation23,358,272
Median80,812,000
Standard Deviation33,181,977
Sample Variance1101T
Range131.5M
R-Value0.43
Mean Square Error966.8T
R-Squared0.18
Significance0.11
Slope3,188,325
Total Sum of Squares15414.6T

Cheche Gross Profit History

2024111.8 M
2023140.2 M
2022142.3 M
201580.8 M
2014106.7 M
2013142.3 M

Other Fundumenentals of Cheche Group

Cheche Gross Profit component correlations

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0.060.76-0.33-0.49-0.95-0.690.71-0.780.290.640.0-0.39-0.39-0.20.450.13-0.41-0.13-0.28-0.28
0.220.76-0.66-0.77-0.71-0.890.97-0.810.650.540.120.150.150.15-0.15-0.140.160.140.160.16
0.24-0.33-0.660.980.470.87-0.770.46-0.99-0.58-0.62-0.67-0.67-0.730.650.68-0.7-0.71-0.75-0.75
0.13-0.49-0.770.980.590.92-0.860.54-0.97-0.64-0.61-0.56-0.56-0.660.530.63-0.58-0.66-0.66-0.66
0.22-0.95-0.710.470.590.78-0.670.83-0.42-0.72-0.050.250.250.13-0.32-0.090.290.060.190.17
0.19-0.69-0.890.870.920.78-0.90.82-0.86-0.7-0.28-0.32-0.32-0.340.320.31-0.33-0.33-0.35-0.35
0.240.710.97-0.77-0.86-0.67-0.9-0.70.760.60.320.270.270.35-0.26-0.330.290.350.340.34
0.22-0.78-0.810.460.540.830.82-0.7-0.44-0.590.30.130.130.23-0.08-0.230.120.270.20.21
-0.210.290.65-0.99-0.97-0.42-0.860.76-0.440.610.610.680.680.76-0.7-0.710.740.720.780.77
-0.230.640.54-0.58-0.64-0.72-0.70.6-0.590.610.240.070.070.21-0.05-0.230.090.220.170.17
0.070.00.12-0.62-0.61-0.05-0.280.320.30.610.240.580.580.88-0.45-0.870.570.960.820.83
-0.1-0.390.15-0.67-0.560.25-0.320.270.130.680.070.581.00.75-0.93-0.60.940.750.880.9
-0.1-0.390.15-0.67-0.560.25-0.320.270.130.680.070.581.00.75-0.93-0.60.940.750.880.9
-0.01-0.20.15-0.73-0.660.13-0.340.350.230.760.210.880.750.75-0.76-0.980.850.960.980.96
0.130.45-0.150.650.53-0.320.32-0.26-0.08-0.7-0.05-0.45-0.93-0.93-0.760.65-0.99-0.67-0.87-0.87
-0.010.13-0.140.680.63-0.090.31-0.33-0.23-0.71-0.23-0.87-0.6-0.6-0.980.65-0.74-0.93-0.91-0.88
-0.11-0.410.16-0.7-0.580.29-0.330.290.120.740.090.570.940.940.85-0.99-0.740.760.930.93
0.02-0.130.14-0.71-0.660.06-0.330.350.270.720.220.960.750.750.96-0.67-0.930.760.940.95
-0.04-0.280.16-0.75-0.660.19-0.350.340.20.780.170.820.880.880.98-0.87-0.910.930.940.99
-0.04-0.280.16-0.75-0.660.17-0.350.340.210.770.170.830.90.90.96-0.87-0.880.930.950.99
Click cells to compare fundamentals

About Cheche Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Cheche income statement, its balance sheet, and the statement of cash flows. Cheche investors use historical funamental indicators, such as Cheche's Gross Profit, to determine how well the company is positioned to perform in the future. Although Cheche investors may use each financial statement separately, they are all related. The changes in Cheche's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Cheche's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Cheche Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Cheche. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit140.2 M111.8 M
Gross Profit Margin 0.04  0.05 

Currently Active Assets on Macroaxis

When determining whether Cheche Group is a strong investment it is important to analyze Cheche's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cheche's future performance. For an informed investment choice regarding Cheche Stock, refer to the following important reports:
Check out the analysis of Cheche Correlation against competitors.
Note that the Cheche Group information on this page should be used as a complementary analysis to other Cheche's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

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When running Cheche's price analysis, check to measure Cheche's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cheche is operating at the current time. Most of Cheche's value examination focuses on studying past and present price action to predict the probability of Cheche's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cheche's price. Additionally, you may evaluate how the addition of Cheche to your portfolios can decrease your overall portfolio volatility.
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Is Cheche's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cheche. If investors know Cheche will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cheche listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.48)
Revenue Per Share
6.192
Quarterly Revenue Growth
0.498
Return On Assets
(0.09)
Return On Equity
(0.23)
The market value of Cheche Group is measured differently than its book value, which is the value of Cheche that is recorded on the company's balance sheet. Investors also form their own opinion of Cheche's value that differs from its market value or its book value, called intrinsic value, which is Cheche's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cheche's market value can be influenced by many factors that don't directly affect Cheche's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cheche's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cheche is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cheche's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.