Cheche Ev To Sales vs Capex To Depreciation Analysis
CCG Stock | 0.84 0.02 2.33% |
Cheche Group financial indicator trend analysis is way more than just evaluating Cheche Group Class prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cheche Group Class is a good investment. Please check the relationship between Cheche Group Ev To Sales and its Capex To Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cheche Group Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Ev To Sales vs Capex To Depreciation
Ev To Sales vs Capex To Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cheche Group Class Ev To Sales account and Capex To Depreciation. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Cheche Group's Ev To Sales and Capex To Depreciation is 0.98. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Cheche Group Class, assuming nothing else is changed. The correlation between historical values of Cheche Group's Ev To Sales and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Sales of Cheche Group Class are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Ev To Sales i.e., Cheche Group's Ev To Sales and Capex To Depreciation go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.Most indicators from Cheche Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cheche Group Class current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cheche Group Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. At this time, Cheche Group's Selling General Administrative is most likely to increase significantly in the upcoming years. The Cheche Group's current Issuance Of Capital Stock is estimated to increase to about 211 M, while Tax Provision is projected to decrease to (381.1 K).
2015 | 2022 | 2023 | 2024 (projected) | Interest Expense | 6.5M | 3.3M | 1.4M | 1.4M | Depreciation And Amortization | 14.8M | 11.4M | 11.6M | 13.9M |
Cheche Group fundamental ratios Correlations
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Cheche Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When determining whether Cheche Group Class is a strong investment it is important to analyze Cheche Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cheche Group's future performance. For an informed investment choice regarding Cheche Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cheche Group Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Insurance Brokers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cheche Group. If investors know Cheche will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cheche Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.43) | Revenue Per Share 49.558 | Quarterly Revenue Growth 0.025 | Return On Assets (0.11) | Return On Equity (0.46) |
The market value of Cheche Group Class is measured differently than its book value, which is the value of Cheche that is recorded on the company's balance sheet. Investors also form their own opinion of Cheche Group's value that differs from its market value or its book value, called intrinsic value, which is Cheche Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cheche Group's market value can be influenced by many factors that don't directly affect Cheche Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cheche Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cheche Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cheche Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.