Logo

CCG

Cheche Group Inc.

CCG

Cheche Group Inc. • NASDAQ
$0.97 ▼ -1.02% (-0.01)
Market Cap $78.58 M
52w High $1.54
52w Low $0.71
Dividend Yield 0%
P/E -19.4
Volume 49.57K
Outstanding Shares 81.01M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2025 $674.326M $46.672M $-12.784M -1.896% $-0.16 $-12.848M
Q1-2025 $674.326M ▼ $46.672M ▼ $-12.784M ▼ -1.896% ▼ $-0.16 ▼ $-12.848M ▼
Q4-2024 $983.636M ▲ $54.258M ▲ $-10.415M ▼ -1.059% ▼ $-0.13 ▼ $-10.294M ▼
Q3-2024 $850.517M ▼ $48.455M ▼ $4.051M ▲ 0.476% ▲ $0.051 ▲ $4.137M ▲
Q2-2024 $851.842M $57.102M $-23.601M -2.771% $-0.31 $-22.651M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2025 $167.201M $1.285B $943.354M $341.468M
Q1-2025 $167.201M ▲ $1.285B ▼ $943.354M ▲ $341.468M ▼
Q4-2024 $152.895M ▼ $1.288B ▲ $932.169M ▲ $355.751M ▲
Q3-2024 $194.622M ▼ $1.095B ▲ $741.225M ▲ $354.254M ▲
Q2-2024 $204.611M $1.01B $657.586M $352.187M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $-12.784M $-4.322M $8.688M $22.438M $0 $-4.342M
Q1-2025 $-12.784M ▼ $-4.322M ▼ $8.688M ▲ $22.438M ▲ $0 $-4.342M ▼
Q4-2024 $-10.415M ▼ $0 $0 $0 $0 $0
Q3-2024 $4.051M ▲ $0 $0 $0 $0 $0
Q2-2024 $-23.601M $0 $0 $0 $0 $0

Revenue by Products

Product Q1-2014Q2-2014Q2-2015Q3-2015
Copper Beech Operations
Copper Beech Operations
 $0 ▲$0 ▲$10.00M ▲$20.00M ▲
Development Construction and Management Services
Development Construction and Management Services
 $30.00M ▲$50.00M ▲$0 ▼$0 ▲
Grove And Evo Segment Operations
Grove And Evo Segment Operations
 $0 ▲$0 ▲$0 ▲$30.00M ▲
Reconciliations
Reconciliations
 $60.00M ▲$70.00M ▲$50.00M ▼$40.00M ▼
Grove and evo Operations
Grove and evo Operations
 $0 ▲$0 ▲$30.00M ▲$0 ▼
Student Housing Operations
Student Housing Operations
 $20.00M ▲$20.00M ▲$0 ▼$0 ▲

Five-Year Company Overview

Income Statement

Income Statement CCG shows a clear pattern of revenue growth over the past few years, roughly doubling over the period shown. The company is moving more volume through its platform and has kept a positive gross margin, though that margin still looks fairly thin, indicating a business that is scaling but not yet highly profitable per unit. Operating profit and net income remain in the red, but losses have generally trended smaller in the most recent year, suggesting improving efficiency and better cost control. The unusually large per‑share loss around the listing year likely reflects one‑off items linked to the SPAC process rather than normal operations. Overall, the story is of a growing, still-loss‑making tech platform working its way toward break‑even.

Balance Sheet

Balance Sheet The balance sheet has strengthened compared with a few years ago. Total assets have expanded, and shareholder equity has turned from negative to positive, which is an important sign of repair after earlier accumulated losses. Debt remains quite low, so the company does not appear heavily leveraged, which reduces financial risk. Cash levels have moved up and down but are not especially large relative to the size of the business, meaning CCG has some, but not abundant, liquidity. In short, the company’s financial foundation is much healthier than it was, but it still needs ongoing discipline to support its growth plans without overextending its resources.

Cash Flow

Cash Flow Cash flow from operations has been consistently negative, though the cash burn has moderated over time. Free cash flow essentially mirrors operating cash flow because capital spending is minimal, which is typical for an asset‑light, software‑driven model. This pattern means the business is still dependent on external funding or existing cash to support growth and cover losses. The improving—but still negative—trend suggests progress toward a more self‑funding model, but there is execution risk if revenue growth or margin improvement slows before cash flows turn positive.

Competitive Edge

Competitive Edge CCG operates at the intersection of auto insurance, technology, and the fast‑growing New Energy Vehicle segment in China. Its main edge comes from being deeply embedded with major NEV manufacturers, allowing it to be present at the point of vehicle sale and renewal rather than competing only in open marketplaces. This integration, plus a cloud‑based platform that connects insurers, automakers, intermediaries, and consumers, creates meaningful switching costs and network effects as more partners and data feed into the system. Regulatory licenses and a nationwide footprint add further barriers for would‑be competitors. Key risks include heavy exposure to China’s regulatory environment, reliance on a concentrated set of strategic partners, and intense competition from both traditional insurers and newer insurtech platforms.

Innovation and R&D

Innovation and R&D CCG’s core proposition is innovation-led. It has built AI‑driven tools for fraud detection, risk assessment, and business intelligence, as well as SaaS products tailored for insurers and intermediaries. The company focuses on end‑to‑end digitalization of the insurance lifecycle—quoting, policy issuance, claims, and renewals—which can drive structural cost savings and better user experiences. Looking ahead, CCG is developing tools aimed at overseas automakers, plus anti‑fraud and risk systems aligned with autonomous and intelligent driving. While specific R&D spending levels are not disclosed here, the product roadmap and platform depth indicate a sustained investment in technology. The main uncertainty is how quickly these innovations can be monetized at scale, especially in new international markets with different regulations and competitive dynamics.

Summary

CCG is a growing insurtech platform anchored in China’s NEV ecosystem, with revenues rising steadily and losses narrowing, though profitability has not yet been reached. Its balance sheet has transitioned from stressed to reasonably solid, with positive equity and low leverage, but limited cash and ongoing cash burn mean it still needs careful financial management. The company’s competitive strength lies in its deep integrations with leading NEV manufacturers, data‑rich platform, and AI‑driven solutions that are hard for new entrants to replicate quickly. Innovation is clearly a central theme, with active development of advanced risk tools, SaaS offerings, and planned international products. The opportunity is significant if CCG can convert its technology and partnerships into durable, profitable scale; the main risks revolve around execution, regulatory shifts, partner dependence, and the pace at which cash flows can turn sustainably positive.

NEWS

September 19, 2025 · 8:30 AM UTC

Cheche Group Has Regained Compliance with Nasdaq's Minimum Bid Price Requirement

Read more

September 17, 2025 · 8:30 AM UTC

Cheche Group Expands Partnership with Volkswagen Anhui, Delivering End-to-End Risk Management for New Energy Vehicles

Read more

September 8, 2025 · 8:30 AM UTC

Cheche Group and NIO Deepen Partnership to Enhance Insurance Services for New Energy Vehicles

Read more