Financial Analysis: Cheche Group (NASDAQ:CCG) vs. Assurant (NYSE:AIZ)

Assurant (NYSE:AIZ) and Cheche Group (NASDAQ:CCG) are both finance companies, but which is the better business? We will compare the two businesses based on the strength of their valuation, risk, earnings, profitability, institutional ownership, dividends and analyst recommendations.

Insider and Institutional Ownership

92.7% of Assurant shares are held by institutional investors. Comparatively, 19.8% of Cheche Group shares are held by institutional investors. 0.5% of Assurant shares are held by company insiders. Comparatively, 1.4% of Cheche Group shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Profitability

This table compares Assurant and Cheche Group’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Assurant	7.90%	20.40%	3.34%
Cheche Group	N/A	N/A	N/A

Analyst Ratings

This is a summary of current ratings for Assurant and Cheche Group, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Assurant	0	0	6	2	3.25
Cheche Group	1	2	0	0	1.67

Assurant currently has a consensus price target of $324.29, indicating a potential upside of 12.28%. Given Assurant’s stronger consensus rating and higher probable upside, research analysts plainly believe Assurant is more favorable than Cheche Group.

Volatility and Risk

Assurant has a beta of 0.52, meaning that its share price is 48% less volatile than the S&P 500. Comparatively, Cheche Group has a beta of 0.28, meaning that its share price is 72% less volatile than the S&P 500.

Earnings and Valuation

This table compares Assurant and Cheche Group”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Assurant	$12.81 billion	1.11	$872.70 million	$20.94	13.79
Cheche Group	$430.40 million	0.04	-$2.47 million	($2.80)	-2.74

Assurant has higher revenue and earnings than Cheche Group. Cheche Group is trading at a lower price-to-earnings ratio than Assurant, indicating that it is currently the more affordable of the two stocks.

Summary

Assurant beats Cheche Group on 14 of the 15 factors compared between the two stocks.

About Assurant

Assurant, Inc., together with its subsidiaries, provides business services that supports, protects, and connects consumer purchases in North America, Latin America, Europe, and the Asia Pacific. The company operates through two segments: Global Lifestyle and Global Housing. The Global Lifestyle segment offers mobile device solutions, and extended service contracts and related services for consumer electronics and appliances, and credit and other insurance products; and vehicle protection, commercial equipment, and other related services. The Global Housing segment provides lender-placed homeowners, manufactured housing, and flood insurance; renters insurance and related products; and voluntary manufactured housing, and condominium and homeowners insurance products. The company was formerly known as Fortis, Inc. and changed its name to Assurant, Inc. in February 2004. Assurant, Inc. was founded in 1892 and is headquartered in Atlanta, Georgia.

About Cheche Group

Cheche Group Inc. offer auto insurance technology platform. The company evolved into a comprehensive, data-driven technology platform which offers a full suite of services and products for digital insurance transactions and insurance SaaS solutions principally in China. Cheche Group Inc., formerly known as Prime Impact, is headquartered in Beijing, China.