$CCC Intelligent Solutions Holdings (CCCS.US)$Excluded from ...

Listed in 2020, mainly engaged in insurance intermediary information processing SaaS business, with 99% of the market in the USA, current price is 11.2.

Since its listing, revenue has continued to grow at a slow pace, with an average growth rate of 8.3%. Operating profit was in loss in 2021 due to a sharp increase in expenses and did not reach the level of 2020 in 2022. Net income was able to turn around due to a significant reduction in interest expenses and was further boosted to 0.038 billion by a substantial increase in securities gains.

Revenue grew by 10.3% in the first three quarters of 2023, operating profit contracted by 7.6%, and net income suffered a significant loss of 0.12 billion due to losses from the sale of securities and a substantial impairment of fixed assets.

Currently, the P/E ratio is 187, and the P/E ratio TTM is in loss, which lacks investment value.