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Cheche Group (Cheche Group) Market Cap : $134.1 Mil (As of May. 14, 2024)


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What is Cheche Group Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Cheche Group's share price for the quarter that ended in Dec. 2022 was $0. Cheche Group's Shares Outstanding (EOP) for the quarter that ended in Dec. 2022 was 79.5 Mil. Therefore, Cheche Group's market cap for the quarter that ended in Dec. 2022 was $0.0 Mil.

Cheche Group's annual market cap stayed the same from Dec. 2021 ($0.0 Mil) to Dec. 2022 ($0.0 Mil) but then increased from Dec. 2022 ($0.0 Mil) to Dec. 2023 ($485.1 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Cheche Group's Enterprise Value for Today is $92.4 Mil.

Cheche Group Market Cap Historical Data

The historical data trend for Cheche Group's Market Cap 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 Market Cap Chart

Cheche Group Annual Data
Trend Dec21 Dec22 Dec23
Market Cap
- - 485.08

Cheche Group Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Dec23
Market Cap - - - - 485.08

Competitive Comparison of Cheche Group's Market Cap

For the Internet Content & Information subindustry, Cheche Group's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Interactive Media Industry

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

* The bar in red indicates where Cheche Group's Market Cap falls into.


Cheche Group Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

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

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$6.43*75.4407
=$485.1

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

Market Cap (Q: Dec. 2022 )=Share Price (Q: Dec. 2022 )*Shares Outstanding (EOP) (Q: Dec. 2022 )
=$0*79.492
=$0.0

* 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.

Cheche Group  (NAS:CCG) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.

Cheche Group Market Cap 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 » Market Cap
Comparable Companies
MAX GRPN TRVG SEAT THRY PGRU DOYU ZH JFIN EVER GOOGL META HKSE:00700 XAMS:PRX BIDU SPOT DASH JSE:NPN HKSE:01024 XKRX:035420
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

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