CCGNasdaqInsurance Agents, Brokers & ServiceAlso trades as CCGWW
Cheche Group Inc.
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 27, 2026
$4.60−0.20 (-4.17%)
Close on Oct 19, 2026
Margins
Share of revenue, fiscal years 2020 to 2025
Gross margin
5.3%
Operating margin
-0.7%
Net margin
-0.6%
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -13.3% | +4.0% | – | – | |
| Gross profit | +1.0% | +4.1% | – | – |
Returns and balance sheet
6 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2020 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | – | -5.0% | |
| Return on assets | – | – | -1.3% | |
| Current ratio | – | – | 1.23 | |
| Interest coverage | – | – | -9.2× | |
| Capex to revenue | – | – | 0.0% | |
| Diluted shares | – | – | 83M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Cheche generated CN¥528.09M from operations and spent CN¥5.15M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
CN¥528.09M
Used
CN¥5.15M
Capital expenditureCN¥5.15M100%DividendsCN¥00%Share buybacksCN¥00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-0.6%
×Asset turnover2.18×
×Equity multiplier3.89×
=Return on equity, FY2025-5.0%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -0.6% | 2.18× | 3.89× | -5.0% |
| FY2024 | -1.8% | 3.18× | 2.97× | -16.7% |
| FY2023 | -4.8% | 4.11× | -1.82× | 36.2% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
2of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero-CN¥17.79M
- Cash generatingOperating cash flow above zero-CN¥40.55M
- Return on assets improvedROA up on the prior year-6.8% → -1.4%
- Earnings backed by cashOperating cash flow above net income-CN¥40.55M vs -CN¥17.79M
- Less leverageLong-term debt to assets fell– → 0.7%
- Better liquidityCurrent ratio rose1.34 → 1.23
- No dilutionShare count did not rise78M → 83M
- Gross margin improvedGross margin up on the prior year4.57% → 5.33%
- More efficientAsset turnover rose3.89 → 2.34