NASDAQ : CCG
Cheche Group Inc. — Financial statements
Communication Services · Internet Content & Information · China
Last price 7.51 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 18.82M
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Financial statements
Cheche Group Inc. (CCG) reported revenue of 2.55B CNY (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in CNY.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 2.55B | 3.01B | 3.47B | 3.30B | 2.68B | 1.74B |
| Cost of Revenue | 2.38B | 2.84B | 3.31B | 3.16B | 2.54B | 1.65B |
| Gross Profit | 161.56M | 166.11M | 161.87M | 142.68M | 143.55M | 80.81M |
| Selling, General & Admin | 163.04M | 144.01M | 187.36M | 250.84M | 208.32M | 189.74M |
| Research & Development | 33.40M | 37.24M | 37.95M | 57.17M | 49.95M | 46.78M |
| Other Operating Expenses | 9.51M | 5.75M | 3.11M | 2.45M | 1.24M | |
| Operating Expenses | 205.95M | 187.00M | 228.41M | 310.46M | 259.51M | 236.52M |
| Operating Income | -44.39M | -20.89M | -66.54M | -167.78M | -115.95M | -155.71M |
| Interest Expense | -2.46M | -2.28M | -838.00K | -1.45M | -3.30M | -6.52M |
| Interest & Investment Income | 2.68M | 3.24M | 6.04M | 5.40M | 1.89M | 278.00K |
| Currency Exchange Gain (Loss) | 10.54M | 4.80M | -2.81M | -2.55M | 13.41M | 2.10M |
| Other Non Operating Income (Expenses) | -3.10M | -3.07M | 2.63M | 6.42M | 12.41M | 12.87M |
| Pretax Income | -36.73M | -18.20M | -61.53M | -159.95M | -91.54M | -146.98M |
| Income Tax Expense | -452.00K | -406.00K | -291.00K | -363.00K | -521.00K | -522.00K |
| Net Income | -36.28M | -17.79M | -61.24M | -159.59M | -91.02M | -146.46M |
| Preferred Dividends & Other Adjustments | 762.17M | 188.27M | -101.47M | |||
| Net Income to Common | -36.28M | -17.79M | -61.24M | -921.76M | -279.29M | -44.99M |
| Shares Outstanding (Basic) | 2.37M | 2.36M | 2.23M | 1.30M | 908.01K | 966.60K |
| Shares Outstanding (Diluted) | 2.37M | 2.36M | 2.23M | 1.30M | 908.01K | 966.60K |
| EPS (Basic) | -15.30 | -7.54 | -27.46 | -710.37 | -307.59 | -46.55 |
| EPS (Diluted) | -15.45 | -7.70 | -27.46 | -710.50 | -307.65 | -46.55 |
| Free Cash Flow | -34.49M | -40.62M | -115.80M | -27.50M | -160.10M | -189.22M |
| Free Cash Flow Per Share | -14.54 | -17.22 | -51.93 | -21.19 | -176.32 | -195.76 |
| Gross Margin | 6.35% | 5.52% | 4.66% | 4.32% | 5.36% | 4.66% |
| Operating Margin | -1.74% | -0.69% | -1.92% | -5.08% | -4.33% | -8.97% |
| Profit Margin | -1.43% | -0.59% | -1.76% | -27.92% | -10.42% | -2.59% |
| Free Cash Flow Margin | -1.35% | -1.35% | -3.33% | -0.83% | -5.98% | -10.90% |
| EBITDA | -41.92M | -18.31M | -63.31M | -164.63M | -112.69M | -151.84M |
| EBITDA Margin | -1.65% | -0.61% | -1.82% | -4.99% | -4.21% | -8.75% |
| D&A For EBITDA | 2.47M | 2.57M | 3.23M | 3.15M | 3.26M | 3.87M |
| EBIT | -44.39M | -20.89M | -66.54M | -167.78M | -115.95M | -155.71M |
| EBIT Margin | -1.74% | -0.69% | -1.92% | -5.08% | -4.33% | -8.97% |
Balance sheet
Fiscal year January - December; amounts in CNY.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 131.73M | 144.51M | 117.47M | 243.39M | 114.94M | 362.38M |
| Short-Term Investments | 226.00K | 226.00K | 35.42M | 21.47M | 34.82M | 63.76M |
| Cash & Short-Term Investments | 131.96M | 144.74M | 152.90M | 264.87M | 149.77M | 426.14M |
| Receivables | 680.23M | 1.15B | 982.48M | 466.07M | 401.67M | 285.74M |
| Prepaid Expenses | 23.40M | 14.78M | 17.24M | 5.13M | 4.75M | 3.77M |
| Restricted Cash | 41.78M | 5.00M | 5.00M | 5.00M | ||
| Other Current Assets | 40.86M | 45.28M | 28.20M | 44.19M | 39.66M | 31.91M |
| Total Current Assets | 918.23M | 1.36B | 1.18B | 780.25M | 600.85M | 752.56M |
| Property, Plant & Equipment | 5.91M | 7.28M | 7.02M | 11.92M | 16.89M | 19.14M |
| Goodwill | 84.61M | 84.61M | 84.61M | 84.61M | 84.61M | 84.61M |
| Other Intangible Assets | 2.80M | 3.85M | 5.95M | 8.05M | 10.15M | 12.25M |
| Other Long-Term Assets | 1.98M | 23.56M | 9.53M | 9.15M | ||
| Total Assets | 1.01B | 1.47B | 1.29B | 893.98M | 712.50M | 868.56M |
| Accounts Payable | 430.85M | 842.73M | 725.82M | 316.87M | 227.16M | 180.30M |
| Accrued Expenses | 111.05M | 118.46M | 101.95M | 91.02M | 97.97M | 79.87M |
| Short-Term Debt | 98.19M | 80.50M | 30.00M | 20.00M | 10.00M | |
| Current Portion of Long-Term Debt | 52.95M | 50.63M | 55.25M | 53.01M | ||
| Current Portion of Leases | 3.51M | 4.73M | 3.04M | 3.95M | 7.68M | 7.87M |
| Current Income Taxes Payable | 11.00K | 14.00K | 35.00K | 48.00K | 34.00K | 22.00K |
| Current Unearned Revenue | 1.24M | 1.04M | 1.78M | 4.29M | 888.00K | 8.71M |
| Other Current Liabilities | 6.75M | 7.08M | 15.65M | 10.10M | 10.30M | 7.85M |
| Total Current Liabilities | 704.54M | 1.11B | 878.27M | 501.53M | 344.03M | 347.62M |
| Long-Term Debt | 9.80M | 45.81M | 59.93M | 10.51M | ||
| Long-Term Leases | 604.00K | 801.00K | 2.14M | 5.40M | 6.23M | 8.29M |
| Long-Term Unearned Revenue | 1.43M | 1.43M | 1.43M | 1.43M | 1.43M | 1.13M |
| Long-Term Deferred Tax Liabilities | 700.00K | 963.00K | 1.49M | 2.01M | 2.54M | 3.06M |
| Other Long-Term Liabilities | 1.54M | 1.51M | 3.03M | 5.42M | ||
| Total Liabilities | 708.82M | 1.12B | 932.17M | 515.79M | 414.16M | 370.61M |
| Common Stock | 6.00K | 6.00K | 6.00K | 5.00K | 2.00K | 30.00K |
| Additional Paid-In Capital | 2.55B | 2.55B | 2.53B | 2.49B | 25.00K | 3.89M |
| Retained Earnings | -2.24B | -2.19B | -2.18B | -2.11B | -1.26B | -1.00B |
| Treasury Stock | -1.02M | -1.02M | -1.02M | -1.02M | -1.02M | -1.03M |
| Comprehensive Income & Other | -10.47M | -1.16M | 6.09M | 1.15M | -66.00K | -7.80M |
| Total Common Equity | 304.70M | 355.17M | 355.75M | 378.18M | -1.26B | -1.01B |
| Shareholders' Equity | 304.70M | 355.17M | 355.75M | 378.18M | 298.34M | 497.95M |
| Total Liabilities & Equity | 1.01B | 1.47B | 1.29B | 893.98M | 712.50M | 868.56M |
| Total Debt | 155.25M | 146.45M | 80.98M | 84.60M | 73.83M | 89.67M |
| Net Cash (Debt) | -23.30M | -1.72M | 71.91M | 180.27M | 75.93M | 336.47M |
| Net Cash Per Share | -9.82 | -0.73 | 32.25 | 138.93 | 83.63 | 348.10 |
| Filing Date Shares Outstanding | 2.37M | 2.37M | 2.39M | 2.16M | 393.38M | 966.60K |
| Total Common Shares Outstanding | 2.37M | 2.37M | 2.29M | 2.16M | 393.38M | 966.60K |
| Working Capital | 213.68M | 250.37M | 302.54M | 278.72M | 256.81M | 404.94M |
| Book Value Per Share | 128.45 | 149.74 | 155.02 | 175.45 | -3.20 | -81.40 |
| Tangible Book Value | 217.29M | 266.71M | 265.19M | 285.52M | -1.36B | -1.10B |
| Tangible Book Value Per Share | 91.60 | 112.44 | 115.56 | 132.47 | -3.45 | -89.24 |
| Machinery | 4.78M | 4.97M | 5.79M | 5.75M | 5.63M | 6.29M |
| Leasehold Improvements | 3.96M | 3.74M | 3.73M | 3.70M | 3.62M | 3.27M |
Cash flow statement
Fiscal year January - December; amounts in CNY.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -36.28M | -17.79M | -61.24M | -159.59M | -91.02M | -146.46M |
| Depreciation & Amortization | 8.07M | 8.17M | 8.49M | 11.56M | 11.41M | 14.85M |
| Loss (Gain) From Sale of Assets | 90.00K | 90.00K | 816.00K | 46.00K | 7.00K | 16.00K |
| Stock-Based Compensation | 24.35M | 24.35M | 33.87M | 109.98M | 16.21M | 18.53M |
| Provision & Write-off of Bad Debts | -1.22M | -1.22M | 3.39M | 1.20M | 23.00K | 484.00K |
| Other Operating Activities | 22.57M | -2.35M | 2.76M | 7.84M | -7.29M | 8.46M |
| Change in Accounts Receivable | -162.06M | -162.06M | -519.62M | -65.60M | -115.95M | -164.82M |
| Change in Accounts Payable | 116.91M | 116.91M | 408.95M | 89.71M | 46.86M | 96.39M |
| Change in Unearned Revenue | -737.00K | -737.00K | -2.51M | 3.41M | -7.52M | 6.25M |
| Change in Income Taxes | 10.65M | 10.65M | 11.06M | -2.13M | -1.33M | -140.00K |
| Change in Other Net Operating Assets | -16.58M | -16.58M | -105.00K | -23.38M | -10.26M | -21.16M |
| Operating Cash Flow | -34.23M | -40.55M | -114.14M | -26.95M | -158.86M | -187.59M |
| Capital Expenditures | -259.00K | -75.00K | -1.66M | -549.00K | -1.24M | -1.62M |
| Sale of Property, Plant & Equipment | 50.00K | 48.00K | 12.00K | 22.00K | 52.00K | |
| Investment in Securities | 18.01M | 35.42M | -13.95M | 13.35M | 28.93M | -63.76M |
| Investing Cash Flow | 17.80M | 35.40M | -15.60M | 12.82M | 27.69M | -65.33M |
| Short-Term Debt Issued | 102.50M | 30.00M | 20.00M | 10.00M | 185.98M | |
| Long-Term Debt Issued | 10.00M | 5.00M | 19.13M | |||
| Total Debt Issued | 108.79M | 112.50M | 35.00M | 20.00M | 10.00M | 205.11M |
| Short-Term Debt Repaid | -57.00M | -20.00M | -20.00M | -246.06M | ||
| Long-Term Debt Repaid | -200.00K | -10.00M | -12.61M | -11.84M | -28.61M | |
| Total Debt Repaid | -90.48M | -57.20M | -30.00M | -12.61M | -31.84M | -274.68M |
| Net Debt Issued (Repaid) | 18.31M | 55.30M | 5.00M | 7.39M | -21.84M | -69.57M |
| Issuance of Common Stock | 104.00K | 104.00K | 137.91M | |||
| Other Financing Activities | -3.06M | -4.95M | ||||
| Financing Cash Flow | 18.42M | 55.40M | 1.95M | 140.34M | -159.04M | 583.67M |
| Foreign Exchange Rate Adjustments | -4.15M | -2.13M | 1.87M | 2.23M | 42.77M | -1.91M |
| Net Cash Flow | -2.16M | 48.12M | -125.92M | 128.45M | -247.44M | 328.84M |
| Free Cash Flow | -34.49M | -40.62M | -115.80M | -27.50M | -160.10M | -189.22M |
| Free Cash Flow Margin | -1.35% | -1.35% | -3.33% | -0.83% | -5.98% | -10.90% |
| Free Cash Flow Per Share | -14.54 | -17.22 | -51.93 | -21.19 | -176.32 | -195.76 |
| Levered Free Cash Flow | -61.32M | -40.84M | -91.04M | 36.89M | -113.20M | |
| Unlevered Free Cash Flow | -59.78M | -39.41M | -90.52M | 37.79M | -111.14M | |
| Cash Interest Paid | 2.02M | 2.02M | 584.00K | 898.00K | 2.58M | 10.54M |
| Cash Income Tax Paid | 119.00K | 119.00K | 234.00K | 162.00K | 4.00K | 3.00K |
| Change in Working Capital | -51.81M | -51.81M | -102.23M | 2.01M | -88.20M | -83.48M |
Ratios
Fiscal year January - December; amounts in CNY.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 17.54M | 69.42M | 69.28M | 489.64M | 152.36M | 398.62M |
| Enterprise Value | 20.97M | 64.63M | 51.17M | 704.64M | ||
| Last Close Price | 7.14 | 29.05 | 31.15 | 225.05 | 359.10 | 344.40 |
| Forward PE | 30.55 | |||||
| PS Ratio | 0.05 | 0.16 | 0.15 | 1.05 | 0.39 | 1.46 |
| PB Ratio | 0.38 | 1.37 | 1.42 | 9.18 | 3.52 | 5.08 |
| P/TBV Ratio | 0.56 | 1.82 | 1.91 | 12.16 | ||
| EV/Sales Ratio | 0.06 | 0.15 | 0.11 | 1.51 | ||
| Debt / Equity Ratio | 0.51 | 0.41 | 0.23 | 0.22 | 0.25 | 0.18 |
| Net Debt / Equity Ratio | 0.08 | 0.01 | -0.20 | -0.48 | -0.26 | -0.68 |
| Net Debt / EBITDA Ratio | -0.56 | -0.09 | 1.14 | 1.09 | 0.67 | 2.22 |
| Net Debt / FCF Ratio | -0.68 | -0.04 | 0.62 | 6.55 | 0.47 | 1.78 |
| Asset Turnover | 2.22 | 2.18 | 3.18 | 4.11 | 3.39 | |
| Quick Ratio | 1.15 | 1.17 | 1.29 | 1.46 | 1.60 | 2.05 |
| Current Ratio | 1.30 | 1.23 | 1.34 | 1.56 | 1.75 | 2.17 |
| Return on Equity (ROE) | -11.23% | -5.00% | -16.69% | -47.18% | -22.86% | |
| Return on Assets (ROA) | -2.41% | -0.95% | -3.81% | -13.05% | -9.17% | |
| Return on Capital Employed (ROCE) | -14.40% | -5.70% | -16.20% | -42.80% | -31.50% | -29.90% |
| Earnings Yield | -32.50% | -3.66% | -12.11% | -4.60% | -8.66% | -5.78% |
| FCF Yield | -28.99% | -8.37% | -22.90% | -0.79% | -15.24% | -7.47% |
| Buyback Yield / Dilution | -2.46% | -5.81% | -71.84% | -42.90% | 6.06% |