Cheche Group (Cheche Group) Gross-Profit-to-Asset % : 19.60% (As of Dec. 2022)

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What is Cheche Group Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Cheche Group's annualized Gross Profit for the quarter that ended in Dec. 2022 was $22.1 Mil. Cheche Group's average Total Assets over the quarter that ended in Dec. 2022 was $112.7 Mil. Therefore, Cheche Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2022 was 19.60%.

Cheche Group Gross-Profit-to-Asset % Historical Data

The historical data trend for Cheche Group's Gross-Profit-to-Asset % 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.

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Cheche Group Gross-Profit-to-Asset % Chart

Cheche Group Annual Data

Trend

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

9.30

17.11

17.27

Cheche Group Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Dec23
Gross-Profit-to-Asset %	-	10.62	15.04	19.60	-

Competitive Comparison of Cheche Group's Gross-Profit-to-Asset %

For the Internet Content & Information subindustry, Cheche Group's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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 Gross-Profit-to-Asset % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Cheche Group's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Cheche Group's Gross-Profit-to-Asset % falls into.

Cheche Group Gross-Profit-to-Asset % Calculation

Cheche Group's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2023 )	/	( (Total Assets (A: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=	19.639	/	( (102.199	+	125.203)	/ 2 )
	=	19.639	/	113.701
	=	17.27 %

Cheche Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2022 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Dec. 2022 )	/	( (Total Assets (Q: Jun. 2022 )	+	Total Assets (Q: Dec. 2022 ))	/ count )
	=	22.082	/	( (123.101	+	102.199)	/ 2 )
	=	22.082	/	112.65
	=	19.60 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is two times the semi-annual (Dec. 2022) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Cheche Group Gross-Profit-to-Asset % Related Terms

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Cheche Group (Cheche Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Cheche Group Inc (NAS:CCG) » Definitions » Gross-Profit-to-Asset %

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.

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