Cheche Net Working Capital vs Retained Earnings Analysis
| CCG Stock | 1.20 0.04 3.23% |
Cheche financial indicator trend analysis is way more than just evaluating Cheche Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cheche Group is a good investment. Please check the relationship between Cheche Net Working Capital and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cheche Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Net Working Capital vs Retained Earnings
Net Working Capital vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cheche Group Net Working Capital account and Retained Earnings. At this time, the significance of the direction appears to have strong relationship.
The correlation between Cheche's Net Working Capital and Retained Earnings is 0.72. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Cheche Group, assuming nothing else is changed. The correlation between historical values of Cheche's Net Working Capital and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Working Capital of Cheche Group are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Working Capital i.e., Cheche's Net Working Capital and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.72 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Net Working Capital
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most indicators from Cheche's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cheche Group current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cheche Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. At this time, Cheche's Selling General Administrative is most likely to increase significantly in the upcoming years. The Cheche's current Issuance Of Capital Stock is estimated to increase to about 211 M, while Tax Provision is projected to decrease to (381.1 K).
| 2015 | 2022 | 2023 | 2024 (projected) | Interest Expense | 6.5M | 3.3M | 1.4M | 1.4M | Depreciation And Amortization | 14.8M | 11.4M | 11.6M | 13.9M |
Cheche fundamental ratios Correlations
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Cheche Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Cheche Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. 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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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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.