Cheche Group (Cheche Group) Accumulated Depreciation : $-1.0 Mil (As of Dec. 2022)

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What is Cheche Group Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Cheche Group's quarterly accumulated depreciation declined from Dec. 2021 ($-1.1 Mil) to Jun. 2022 ($-1.1 Mil) but then stayed the same from Jun. 2022 ($-1.1 Mil) to Dec. 2022 ($-1.0 Mil).

Cheche Group's annual accumulated depreciation declined from Dec. 2021 ($-1.1 Mil) to Dec. 2022 ($-1.0 Mil) but then increased from Dec. 2022 ($-1.0 Mil) to Dec. 2023 ($-1.1 Mil).

Cheche Group Accumulated Depreciation Historical Data

The historical data trend for Cheche Group's Accumulated Depreciation 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 Accumulated Depreciation Chart

Cheche Group Annual Data

Trend

Dec21

Dec22

Dec23

Accumulated Depreciation

-1.15

-1.02

-1.09

Cheche Group Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Dec23
Accumulated Depreciation	-	-1.15	-1.14	-1.02	-1.09

Cheche Group Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

Cheche Group Accumulated Depreciation 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 » Accumulated Depreciation

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

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By PRNewswire • 10-02-2023