Cheche Group Inc. (CCG) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 22, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2025, filed Apr 27, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the CCG SEC filings page.
Cheche Group Inc. (CCG) reported $430.4M in revenue for fiscal year 2025, down 9.5% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Cheche Group Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Cheche Group Inc. has an operating margin of -0.7%, meaning the company loses $1 on every $100 of revenue. This results in a profitability score of 34/100. This is up from -1.9% the prior year.
Cheche Group Inc.'s revenue declined 9.5% year-over-year, from $475.8M to $430.4M. This contraction results in a growth score of 19/100.
Cheche Group Inc. carries a low D/E ratio of 0.03, meaning only $0.03 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 86/100, indicating a strong balance sheet with room for future borrowing.
Cheche Group Inc.'s current ratio of 1.23 indicates adequate short-term liquidity, earning a score of 30/100. The company can meet its near-term obligations, though with limited headroom.
Cheche Group Inc.'s operations used $5.8M of cash, and capex of $11K added to the outflow, for a free cash flow shortfall of $5.8M. This results in a cash flow score of 22/100.
Cheche Group Inc. posts a -5.0% return on equity (ROE), meaning it loses $5 for every $100 of shareholders' equity. This results in a returns score of 24/100. This is up from -17.2% the prior year.
Cheche Group Inc. scores 0.19, below the 1.81 distress threshold. The score is pulled down most by an accumulated deficit of $313.6M against total assets of $210.9M. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Cheche Group Inc. passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 operating efficiency signals passes.
Cheche Group Inc. reported a net loss of $2.5M while operations used $5.8M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Cheche Group Inc. reported an operating loss of $3.0M against $326K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Cheche Group Inc. generated $430.4M in revenue in fiscal year 2025. This represents a decrease of 9.5% from the prior year.
Cheche Group Inc.'s EBITDA was -$2.7M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. The change from the prior year is not meaningful, because that figure was zero or negative.
Cheche Group Inc. reported a net loss of $2.5M in fiscal year 2025. The change from the prior year is not meaningful, because that figure was zero or negative.
Cheche Group Inc. earned -$0.03 per diluted share (EPS) in fiscal year 2025. The change from the prior year is not meaningful, because that figure was zero or negative.
Cash & Balance Sheet
Cheche Group Inc. recorded an outflow of $5.8M in free cash flow in fiscal year 2025, representing a cash shortfall after capex. The change from the prior year is not meaningful, because that figure was zero or negative.
Cheche Group Inc. held $20.7M in cash against $1.4M in long-term debt as of fiscal year 2025, with $158.0M of liabilities due within a year.
Not reported for fiscal year 2025.
Margins & Returns
Cheche Group Inc.'s gross margin was 5.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 0.8 percentage points from the prior year.
Cheche Group Inc.'s operating margin was -0.7% in fiscal year 2025, reflecting core business profitability. This is up 1.2 percentage points from the prior year.
Cheche Group Inc.'s net profit margin was -0.6% in fiscal year 2025, showing the share of revenue converted to profit. This is up 1.2 percentage points from the prior year.
Cheche Group Inc.'s ROE was -5.0% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 12.2 percentage points from the prior year.
Capital Allocation
Cheche Group Inc. invested $5.3M in research and development in fiscal year 2025. This represents an increase of 2.4% from the prior year.
Cheche Group Inc. invested $11K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 95.3% from the prior year.
Not reported for fiscal year 2025.
CCG Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F |
|---|---|---|---|---|---|
| Revenue | $430.4M-9.5% | $475.8M+2.3% | $465.0M+19.7% | $388.4M+42.6% | $272.3M |
| Cost of Revenue | $407.5M-10.3% | $454.1M+2.0% | $445.2M+21.1% | $367.8M+41.7% | $259.6M |
| Gross Profit | $22.9M+5.4% | $21.8M+10.1% | $19.8M-4.3% | $20.6M+62.7% | $12.7M |
| R&D Expenses | $5.3M+2.4% | $5.2M-35.4% | $8.1M+11.2% | $7.2M-1.4% | $7.3M |
| SG&A Expenses | $20.6M-19.8% | $25.7M-27.3% | $35.3M+17.0% | $30.2M+1.4% | $29.8M |
| Operating Income | -$3.0Mn/m | -$9.1Mn/m | -$23.6Mn/m | -$16.8Mn/m | -$24.4M |
| EBITDA | -$2.7Mn/m | -$8.8Mn/m | -$23.3Mn/m | -$16.5Mn/m | -$24.1M |
| Interest Expense | $326K+183.9% | $115K-43.6% | $204K-57.5% | $479K-53.2% | $1.0M |
| Income Tax | -$58Kn/m | -$40Kn/m | -$51Kn/m | -$76Kn/m | -$82K |
| Net Income | -$2.5Mn/m | -$8.4Mn/m | -$22.5Mn/m | -$13.2Mn/m | -$23.0M |
| EPS (Basic) | -$0.03n/m | -$0.11 | -$2.86 | -$1.27 | -$0.21 |
| EPS (Diluted) | -$0.03n/m | -$0.11 | -$2.86 | -$1.27 | -$0.21 |
| Diluted Shares (Avg) | 83M+5.8% | 78M | 45M | 32M | 34M |
CCG Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F |
|---|---|---|---|---|---|
| Total Assets | $210.9M+19.5% | $176.4M+40.1% | $125.9M+21.9% | $103.3M | N/A |
| Current Assets | $193.8M+19.8% | $161.8M+47.2% | $109.9M+26.2% | $87.1M | N/A |
| Cash & Equivalents | $20.7M+28.4% | $16.1M-53.1% | $34.3M+105.7% | $16.7M-70.7% | $56.9M |
| Short-Term Investments | $32K-99.3% | $4.9M+60.5% | $3.0M-40.1% | $5.0Mn/m | $0 |
| Accounts Receivable | $163.8M+21.7% | $134.6M+105.0% | $65.6M+12.7% | $58.2M | N/A |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0 |
| Goodwill | $12.1M+4.4% | $11.6M-2.7% | $11.9M-2.9% | $12.3M | N/A |
| Total Liabilities | $160.1M+25.4% | $127.7M+75.8% | $72.6M-74.6% | $286.1M | N/A |
| Current Liabilities | $158.0M+31.3% | $120.3M+70.3% | $70.6M+41.6% | $49.9M | N/A |
| Non-Current Liabilities | $2.1M-71.9% | $7.4M+267.6% | $2.0M-80.2% | $10.2M | N/A |
| Long-Term Debt | $1.4M | N/A | N/A | N/A | N/A |
| Total Equity | $50.8M+4.2% | $48.7M-8.5% | $53.3Mn/m | -$182.8Mn/m | -$157.7M |
| Retained Earnings | -$313.6Mn/m | -$298.0Mn/m | -$297.7Mn/m | -$182.6M | N/A |
Not reported in any period shown, so not listed: Inventory.
CCG Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F |
|---|---|---|---|---|---|
| Operating Cash Flow | -$5.8Mn/m | -$15.6Mn/m | -$3.8Mn/m | -$23.0Mn/m | -$29.4M |
| Depreciation & Amortization | $300K+4.4% | $288K-2.7% | $296K-14.7% | $347K+4.3% | $333K |
| Stock-Based Compensation | $3.5M-25.0% | $4.6M-70.0% | $15.5M+559.2% | $2.3M-19.2% | $2.9M |
| Capital Expenditures | $11K-95.3% | $228K+194.6% | $77K-57.0% | $180K-29.5% | $255K |
| Free Cash Flow | -$5.8Mn/m | -$15.9Mn/m | -$3.9Mn/m | -$23.2Mn/m | -$29.7M |
| Investing Cash Flow | $5.1Mn/m | -$2.1M-218.3% | $1.8M-55.0% | $4.0Mn/m | -$10.3M |
| Financing Cash Flow | $7.9M+2873.3% | $266K-98.7% | $19.8Mn/m | -$23.1M-125.2% | $91.6M |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
CCG Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F |
|---|---|---|---|---|---|
| Gross Margin | 5.3%+0.8pp | 4.6%+0.3pp | 4.3%-1.1pp | 5.3%+0.6pp | 4.7% |
| Operating Margin | -0.7%+1.2pp | -1.9%+3.2pp | -5.1%-0.8pp | -4.3%+4.6pp | -9.0% |
| Net Margin | -0.6%+1.2pp | -1.8%+3.1pp | -4.8%-1.4pp | -3.4%+5.0pp | -8.4% |
| Return on Equity | -5.0%+12.2pp | -17.2%+25.0pp | -42.2% | N/A | N/A |
| Return on Assets | -1.2%+3.5pp | -4.8%+13.1pp | -17.8%-5.1pp | -12.8% | N/A |
| Current Ratio | 1.23-0.1x | 1.34-0.2x | 1.56-0.2x | 1.75 | N/A |
| Debt-to-Equity | 0.03 | N/A | N/A | N/A | N/A |
| Liabilities-to-Equity | 3.15+0.5x | 2.62+1.3x | 1.36 | N/A | N/A |
| Asset Turnover | 2.04-0.7x | 2.70-1.0x | 3.69-0.1x | 3.76 | N/A |
| FCF Margin | -1.4%+2.0pp | -3.3%-2.5pp | -0.8%+5.1pp | -6.0%+4.9pp | -10.9% |
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Cheche Group Inc. CCG | FY2025 | $430.4M | -$2.5M | -0.6% | $19.2M | 36/100 |
| MoneyHero Limited MNY | FY2025 | $73.4M | $5.2M | 7.0% | $23.1M | 40/100 |
| Jinxin Technology Holding Company NAMI | FY2025 | $59.1M | -$13.5M | -22.8% | $6.8M | 33/100 |
| Sound Group Inc. SOGP | FY2025 | $443.7M | $32.4M | 7.3% | $43.5M | 49/100 |
| BuzzFeed, Inc. BZFD | FY2025 | $185.3M | -$57.7M | -31.2% | $88.5M | 20/100 |
| Travelzoo TZOO | FY2025 | $91.7M | $4.7M | 5.1% | $53.5M | 46/100 |
Where Cheche Group Inc. Ranks
Frequently Asked Questions
What is Cheche Group Inc.'s annual revenue?
Cheche Group Inc. (CCG) reported $430.4M in total revenue for fiscal year 2025. This represents a -9.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Cheche Group Inc.'s revenue growing?
Cheche Group Inc. (CCG) revenue declined by 9.5% year-over-year, from $475.8M to $430.4M in fiscal year 2025.
Is Cheche Group Inc. profitable?
No, Cheche Group Inc. (CCG) reported a net loss of $2.5M in fiscal year 2025, with a net profit margin of -0.6%.
What is Cheche Group Inc.'s EBITDA?
Cheche Group Inc. (CCG) had EBITDA of -$2.7M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Cheche Group Inc. have?
As of fiscal year 2025, Cheche Group Inc. (CCG) had $20.7M in cash and equivalents against $1.4M in long-term debt.
What is Cheche Group Inc.'s gross margin?
Cheche Group Inc. (CCG) had a gross margin of 5.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Cheche Group Inc.'s operating margin?
Cheche Group Inc. (CCG) had an operating margin of -0.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Cheche Group Inc.'s net profit margin?
Cheche Group Inc. (CCG) had a net profit margin of -0.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Cheche Group Inc.'s return on equity (ROE)?
Cheche Group Inc. (CCG) has a return on equity of -5.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Cheche Group Inc.'s free cash flow?
Cheche Group Inc. (CCG) recorded an outflow of $5.8M in free cash flow during fiscal year 2025. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Cheche Group Inc.'s operating cash flow?
Cheche Group Inc. (CCG) recorded an outflow of $5.8M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Cheche Group Inc.'s total assets?
Cheche Group Inc. (CCG) had $210.9M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Cheche Group Inc.'s capital expenditures?
Cheche Group Inc. (CCG) invested $11K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Cheche Group Inc. spend on research and development?
Cheche Group Inc. (CCG) invested $5.3M in research and development during fiscal year 2025.
What is Cheche Group Inc.'s current ratio?
Cheche Group Inc. (CCG) had a current ratio of 1.23 as of fiscal year 2025, which is considered adequate.
What is Cheche Group Inc.'s debt-to-equity ratio?
Cheche Group Inc. (CCG) had a debt-to-equity ratio of 0.03 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
What is Cheche Group Inc.'s liabilities-to-equity ratio?
Cheche Group Inc. (CCG) had a liabilities-to-equity ratio of 3.15 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
What is Cheche Group Inc.'s return on assets (ROA)?
Cheche Group Inc. (CCG) had a return on assets of -1.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Cheche Group Inc.'s P/E ratio?
Cheche Group Inc. (CCG) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $19.2M as of Oct 22, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Cheche Group Inc.'s price-to-sales ratio?
Cheche Group Inc. (CCG) trades at 0.0x sales, its market capitalization divided by $430.4M revenue, FY2025. The market capitalization is $19.2M as of Oct 22, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does Cheche Group Inc.'s liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, Cheche Group Inc. (CCG) held $20.7M in cash, cash equivalents and investments, and reported an operating cash outflow of $5.8M over that year. Dividing the one by the other, the reported balance equals about 43 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is Cheche Group Inc.'s Altman Z-Score?
Cheche Group Inc. (CCG) has an Altman Z-Score of 0.19, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Cheche Group Inc.'s Piotroski F-Score?
Cheche Group Inc. (CCG) has a Piotroski F-Score of 3 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Cheche Group Inc.'s earnings high quality?
Cheche Group Inc. (CCG) reported a net loss of $2.5M while operations used $5.8M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Cheche Group Inc. cover its interest payments?
Cheche Group Inc. (CCG) reported an operating loss of $3.0M against $326K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Cheche Group Inc.?
Cheche Group Inc. (CCG) scores 36 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.