Cheche Group (Cheche Group) Net Margin % : -1.97% (As of Dec. 2022)

View and export this data going back to 2023. Start your Free Trial

What is Cheche Group Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Cheche Group's Net Income for the six months ended in Dec. 2022 was $-4.3 Mil. Cheche Group's Revenue for the six months ended in Dec. 2022 was $217.9 Mil. Therefore, Cheche Group's net margin for the quarter that ended in Dec. 2022 was -1.97%.

The historical rank and industry rank for Cheche Group's Net Margin % or its related term are showing as below:

CCG' s Net Margin % Range Over the Past 10 Years
Min: -8.44 Med: -4.83 Max: -3.4
Current: -3.43

CCG's Net Margin % is ranked worse than
52.93% of 580 companies
in the Interactive Media industry
Industry Median: -1.66 vs CCG: -3.43

Cheche Group Net Margin % Historical Data

The historical data trend for Cheche Group's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cheche Group Net Margin % Chart

Cheche Group Annual Data

Trend

Dec21

Dec22

Dec23

Net Margin %

-8.44

-3.40

-4.83

Cheche Group Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Dec23
Net Margin %	-8.63	-8.31	-5.26	-1.97	-

Competitive Comparison of Cheche Group's Net Margin %

For the Internet Content & Information subindustry, Cheche Group's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Cheche Group's Net Margin % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Cheche Group's Net Margin % distribution charts can be found below:

* The bar in red indicates where Cheche Group's Net Margin % falls into.

Cheche Group Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Cheche Group's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	-22.351	/	462.371
	=	-4.83 %

Cheche Group's Net Margin for the quarter that ended in Dec. 2022 is calculated as

Net Margin	=	Net Income (Q: Dec. 2022 )	/	Revenue (Q: Dec. 2022 )
	=	-4.302	/	217.851
	=	-1.97 %

Cheche Group (NAS:CCG) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Cheche Group Net Margin % Related Terms

Thank you for viewing the detailed overview of Cheche Group's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Cheche Group (Cheche Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Cheche Group Inc (NAS:CCG) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

13-1 Deshengmenwai Avenue, 8th Floor, Desheng Hopson Fortune Plaza, Xicheng, Beijing, CHN, 100088

Website

https://www.chechegroup.com

Cheche Group Inc is an insurtech company. It is China's independent technology-empowered platform for auto insurance transaction services by digital auto insurance transaction premiums and insurance technology companies. The company has reshaped the traditional auto insurance distribution and services value chain to create a digital platform by improving operational efficiencies, reducing transaction costs, and expanding distribution channels. Its business scope ranges from digital insurance transactions, SaaS platforms for insurance intermediaries, AI-driven insurance pricing and underwriting services, auto insurance services for new energy vehicle (NEV) manufacturers, green auto insurance innovations, etc.

Cheche Group (Cheche Group) Headlines

From GuruFocus

Cheche Group Providing Insurance Services for Xpeng EVs in Ten Cities

By PRNewswire • 10-02-2023

Cheche Group Drives Growth Through Collaboration with Top NEV Players, Including Li Auto

By PRNewswire • 09-22-2023