Stock 2CC 2 CHEAP CARS GROUP LIMITED
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Company 2 Cheap Cars Group Limited

Equities

2CC

NZNZAE0001S5

Auto Vehicles, Parts & Service Retailers

End-of-day quote New Zealand S.E.
Other stock markets
 06:00:00 2024-05-21 pm EDT 		5-day change 1st Jan Change
0.81 NZD +1.25% Intraday chart for 2 Cheap Cars Group Limited +3.85% -1.22%
Apr. 22 2 Cheap Cars' CEO to Resign MT
Apr. 21 2 Cheap Cars Group Limited Announces Chief Executive Officer Changes CI

Business Summary

2 Cheap Cars Group Ltd is an integrated used automotive company. The Company operates throughout New Zealand via two subsidiaries: Automotive Retail and Vehicle Finance. Its Automotive Retail segment operates under the 2 Cheap Cars brand and is engaged in used vehicle retailing business in New Zealand with approximately 12 dealerships across the country. Its Finance segment operates under the NZ Motor Finance brand. It lends finance to customers who are financing vehicles, and from selling guaranteed asset protection insurance (GAP) and payment protection insurance (PPI) products. The Company’s subsidiaries include 2 Cheap Cars Limited, NZ Motor Finance Limited, 2CC International Limited, 2 Cheap Rental Cars Limited, and Car Plus K.K. 2 Cheap Cars Limited is primarily engaged in sale of vehicles and from agent commissions relating to the sale of third-party finance and insurance products.

Sales per Business

NZD in Million2022Weight2023Weight Delta
Automotive Retail
99.1 %
63 98.7 % 82 99.1 % +29.36%
Inter-entity Transactions
-2.6 %
-3 -4.5 % -2 -2.6 % -24.57%
Other Entities
2.4 %
3 4.0 % 2 2.4 % -22.30%
Finance
1.1 %
1 1.8 % 1 1.1 % -23.29%

Sales per region

NZD in Million2022Weight2023Weight Delta
New Zealand
100.0 %
64 100.0 % 83 100.0 % +28.76%

Managers

Managers TitleAgeSince
Paul Millward CEO
 Chief Executive Officer - 23-01-08
Gordon Shaw BRD
 Director/Board Member - 22-08-20

Members of the board

Members of the board TitleAgeSince
Michael Stiassny CHM
 Chairman - 22-08-20
Gordon Shaw BRD
 Director/Board Member - 22-08-20
Yusuke Sena FOU
 Founder - 10-12-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 45,554,500 7,709,083 ( 16.92 %) 0 16.92 %

Shareholders

NameEquities%Valuation
Yusuke Sena
45.89 %
20,906,993 45.89 % 10 M $
Eugene Williams
30.03 %
13,679,934 30.03 % 6 M $
Samantha Sharif
0.5225 %
238,000 0.5225 % 109 854 $
Paul Millward
0.3622 %
165,000 0.3622 % 76 159 $
Angus Guerin
0.1549 %
70,559 0.1549 % 32 568 $

Company contact information

2 Cheap Cars Group Ltd.

102 Mays Road

1061, Onehunga

+

http://www.2cheapcars.co.nz
address 2 Cheap Cars Group Limited(2CC)

Sector

Consumer Cyclicals
Retailers
Other Specialty Retailers
Auto Vehicles, Parts & Service Retailers
Other Auto Vehicles, Parts & Service Retailers

Sales per Business

Sector Other Auto Vehicles, Parts & Service Retailers

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