Cheche Group Warrant (CCGWW) Financials
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 CCGWW SEC filings page.
Cheche Group Inc. Warrant (CCGWW) 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 (20-F and 6-K 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. Warrant'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. Warrant has an operating margin of -0.7%, meaning the company loses $1 on every $100 of revenue. This results in a profitability score of 33/100. This is up from -1.9% the prior year.
Cheche Group Inc. Warrant'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. Warrant 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. Warrant's current ratio of 1.23 indicates adequate short-term liquidity, earning a score of 31/100. The company can meet its near-term obligations, though with limited headroom.
Cheche Group Inc. Warrant'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 23/100.
Cheche Group Inc. Warrant 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. Warrant 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. Warrant 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. Warrant 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. Warrant generated $430.4M in revenue in fiscal year 2025. This represents a decrease of 9.5% from the prior year.
Cheche Group Inc. Warrant'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. Warrant 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. Warrant 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. Warrant 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. Warrant 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. Warrant'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. Warrant'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. Warrant'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. Warrant'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. Warrant 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. Warrant 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.
CCGWW 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 |
CCGWW 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.
CCGWW 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.
CCGWW 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. Market cap is stated at each company's latest close.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Cheche Group Inc. Warrant CCGWW | FY2025 | $430.4M | -$2.5M | -0.6% | N/A | 36/100 |
| Star Fashion Culture Holdings Limited STFS | FY2026 | $31.0M | -$4.2M | -13.7% | $82.8M | 52/100 |
| GIBO Holdings Limited Warrants GIBOW | FY2025 | N/A | N/A | N/A | N/A | — |
| Itau Unibanco Holding S.A. ITUB | FY2025 | $30.6B | $8.2B | 26.7% | $80.2B | 40/100 |
| Himalaya Shipping Ltd. HSHP | FY2025 | $131.9M | $17.7M | 13.4% | $727.4M | 54/100 |
| BRBI BR Partners S.A. ADSs BRBI | FY2025 | $97.0M | $32.0M | 33.0% | $188.6M | 30/100 |
Where Cheche Group Inc. Warrant Ranks
Frequently Asked Questions
Cheche Group Inc. Warrant (CCGWW) 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.
Cheche Group Inc. Warrant (CCGWW) revenue declined by 9.5% year-over-year, from $475.8M to $430.4M in fiscal year 2025.
No, Cheche Group Inc. Warrant (CCGWW) reported a net loss of $2.5M in fiscal year 2025, with a net profit margin of -0.6%.
Cheche Group Inc. Warrant (CCGWW) had EBITDA of -$2.7M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
As of fiscal year 2025, Cheche Group Inc. Warrant (CCGWW) had $20.7M in cash and equivalents against $1.4M in long-term debt.
Cheche Group Inc. Warrant (CCGWW) had a gross margin of 5.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
Cheche Group Inc. Warrant (CCGWW) had an operating margin of -0.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
Cheche Group Inc. Warrant (CCGWW) had a net profit margin of -0.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Cheche Group Inc. Warrant (CCGWW) has a return on equity of -5.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
Cheche Group Inc. Warrant (CCGWW) 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.
Cheche Group Inc. Warrant (CCGWW) recorded an outflow of $5.8M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
Cheche Group Inc. Warrant (CCGWW) had $210.9M in total assets as of fiscal year 2025, including both current and long-term assets.
Cheche Group Inc. Warrant (CCGWW) invested $11K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
Cheche Group Inc. Warrant (CCGWW) invested $5.3M in research and development during fiscal year 2025.
Cheche Group Inc. Warrant (CCGWW) had a current ratio of 1.23 as of fiscal year 2025, which is considered adequate.
Cheche Group Inc. Warrant (CCGWW) 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.
Cheche Group Inc. Warrant (CCGWW) 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.
Cheche Group Inc. Warrant (CCGWW) had a return on assets of -1.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Cheche Group Inc. Warrant (CCGWW) 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.
Cheche Group Inc. Warrant (CCGWW) 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.
Cheche Group Inc. Warrant (CCGWW) 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.
Cheche Group Inc. Warrant (CCGWW) 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.