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CCG (Cheche Group) Enterprise Value : $47.3 Mil (As of Nov. 28, 2024)


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What is Cheche Group Enterprise Value?

Think of Enterprise Value as 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, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Cheche Group's Enterprise Value is $47.3 Mil. Cheche Group's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was $-11.4 Mil. Therefore, Cheche Group's EV-to-EBIT ratio for today is -4.16.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Cheche Group's Enterprise Value is $47.3 Mil. Cheche Group's EBITDA for the trailing twelve months (TTM) ended in Sep. 2024 was $-11.4 Mil. Therefore, Cheche Group's EV-to-EBITDA ratio for today is -4.16.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Cheche Group's Enterprise Value is $47.3 Mil. Cheche Group's Revenue for the trailing twelve months (TTM) ended in Sep. 2024 was $468.5 Mil. Therefore, Cheche Group's EV-to-Revenue ratio for today is 0.10.


Cheche Group Enterprise Value Historical Data

The historical data trend for Cheche Group's Enterprise Value 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 Enterprise Value Chart

Cheche Group Annual Data
Trend Dec21 Dec22 Dec23
Enterprise Value
- - 452.10

Cheche Group Quarterly Data
Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 780.08 452.10 249.85 39.08 46.74

Competitive Comparison of Cheche Group's Enterprise Value

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

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

* The bar in red indicates where Cheche Group's Enterprise Value falls into.



Cheche Group Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

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

Cheche Group's Enterprise Value for the quarter that ended in Sep. 2024 is calculated as

* 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) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Cheche Group's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=47.293/-11.356
=-4.16

Cheche Group's current Enterprise Value is $47.3 Mil.
Cheche Group's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-11.4 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Cheche Group's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=47.293/-11.356
=-4.16

Cheche Group's current Enterprise Value is $47.3 Mil.
Cheche Group's EBITDA for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-11.4 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Cheche Group's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=47.293/468.453
=0.10

Cheche Group's current Enterprise Value is $47.3 Mil.
Cheche Group's Revenue for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $468.5 Mil.

* 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 Enterprise Value Related Terms

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Cheche Group Business Description

Traded in Other Exchanges
N/A
Address
13-1 Deshengmenwai Avenue, 8th Floor, Desheng Hopson Fortune Plaza, Xicheng, Beijing, CHN, 100088
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.