Contrasting SiriusPoint (NYSE:SPNT) & Cheche Group (NASDAQ:CCG)

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

Risk & Volatility

Cheche Group has a beta of 0.18, indicating that its stock price is 82% less volatile than the S&P 500. Comparatively, SiriusPoint has a beta of 0.61, indicating that its stock price is 39% less volatile than the S&P 500.

Earnings and Valuation

This table compares Cheche Group and SiriusPoint”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Cheche Group	$2.55 billion	0.01	-$2.47 million	($2.80)	-4.62
SiriusPoint	$3.21 billion	0.92	$459.60 million	$4.10	6.20

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

Analyst Recommendations

This is a breakdown of current ratings and target prices for Cheche Group and SiriusPoint, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Cheche Group	1	2	0	0	1.67
SiriusPoint	0	3	3	0	2.50

SiriusPoint has a consensus target price of $30.50, indicating a potential upside of 19.97%. Given SiriusPoint’s stronger consensus rating and higher possible upside, analysts plainly believe SiriusPoint is more favorable than Cheche Group.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Cheche Group	N/A	N/A	N/A
SiriusPoint	15.56%	15.65%	2.76%

Institutional and Insider Ownership

19.8% of Cheche Group shares are held by institutional investors. Comparatively, 52.8% of SiriusPoint shares are held by institutional investors. 1.4% of Cheche Group shares are held by company insiders. Comparatively, 12.2% of SiriusPoint shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Summary

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

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.

About SiriusPoint

SiriusPoint Ltd. provides multi-line insurance and reinsurance products and services worldwide. The company operates through two segments, Reinsurance, and Insurance & Services. The Reinsurance segment provides aviation and space, accident and health, casualty, credit, marine and energy, property to insurance and reinsurance companies, government entities, and other risk bearing vehicles. This segment offers medical insurance products, trip cancellation programs, medical management services, and 24/7 emergency medical and travel assistance services. The Insurance & Services segment provides accident and health, marine and energy, property and casualty, mortgage, environmental, workers' compensation, commercial auto lines, professional liability, and other lines of business. The company was formerly known as Third Point Reinsurance Ltd. and changed its name to SiriusPoint Ltd. in February 2021. SiriusPoint Ltd. was incorporated in 2011 and is headquartered in Pembroke, Bermuda.