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2 Cheap Cars Group Limited Stock Price

NZSE:2CC Community·NZ$21.9m Market Cap
  • 0 Narratives written by author
  • 0 Comments on narratives written by author
  • 3 Fair Values set on narratives written by author

2CC Share Price Performance

NZ$0.49
-0.24 (-32.88%)
NZ$0.49
-0.24 (-32.88%)
Price NZ$0.49

2CC Community Narratives

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Recent 2CC News & Updates

2 Cheap Cars Group Limited (NZSE:2CC) Looks Inexpensive After Falling 25% But Perhaps Not Attractive Enough

Jul 29
2 Cheap Cars Group Limited (NZSE:2CC) Looks Inexpensive After Falling 25% But Perhaps Not Attractive Enough

Why Investors Shouldn't Be Surprised By 2 Cheap Cars Group Limited's (NZSE:2CC) 25% Share Price Plunge

Jul 29
Why Investors Shouldn't Be Surprised By 2 Cheap Cars Group Limited's (NZSE:2CC) 25% Share Price Plunge

2 Cheap Cars Group (NZSE:2CC) Has Announced That Its Dividend Will Be Reduced To NZ$0.0252

Jun 01
2 Cheap Cars Group (NZSE:2CC) Has Announced That Its Dividend Will Be Reduced To NZ$0.0252

Additional Considerations Required While Assessing 2 Cheap Cars Group's (NZSE:2CC) Strong Earnings

Nov 22
Additional Considerations Required While Assessing 2 Cheap Cars Group's (NZSE:2CC) Strong Earnings

2 Cheap Cars Group Limited Key Details

NZ$80.2m

Revenue

NZ$65.1m

Cost of Revenue

NZ$15.1m

Gross Profit

NZ$11.8m

Other Expenses

NZ$3.3m

Earnings

Last Reported Earnings
Mar 31, 2025
Next Reporting Earnings
n/a
Earnings per share (EPS)
0.072
Gross Margin
18.79%
Net Profit Margin
4.12%
Debt/Equity Ratio
4.4%

2 Cheap Cars Group Limited Competitors

 
 
 
 
 
 
 
 
 
 
 
 

Snowflake Analysis

Flawless balance sheet, good value and pays a dividend.

3 Risks
1 Reward

About 2CC

Founded
2011
Employees
n/a
CEO
Yusuke Sena
WebsiteView website
www.2cheapcars.co.nz

2 Cheap Cars Group Limited engages in used automotive vehicle retail and vehicle finance businesses in New Zealand. The company sells used vehicles through various dealerships under the 2 Cheap Cars brand name. The company was formerly known as NZ Automotive Investments Limited and changed its name to 2 Cheap Cars Group Limited in June 2023. 2 Cheap Cars Group Limited was founded in 2011 and is headquartered in Auckland, New Zealand.

Market Insight

Rare earths may be a sliver of the global metals market, but they punch far above their weight. These obscure elements are the invisible wiring of modern life.
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New Zealand Market Performance

  • 7 Days: 2.6%
  • 3 Months: 5.5%
  • 1 Year: 6.7%
  • Year to Date: 3.3%
Over the last 7 days, the market has risen 2.6%, driven by gains in every sector, especially the Industrials sector. As for the past 12 months, the market is up 6.7%. Looking forward, earnings are forecast to grow by 22% annually. Market details ›