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CCGWW

Cheche Group Inc. Warrant

CCGWW

Cheche Group Inc. Warrant • NASDAQ
$0.03 ▲ 1.99% (+0.00)
Market Cap $2.14 M
52w High $0.06
52w Low $0.02
Dividend Yield 0%
P/E 0
Volume 750
Outstanding Shares 83.64M

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 $-10.294M ▼
Q3-2024 $850.517M ▼ $48.455M ▼ $4.051M ▲ 0.476% ▲ $0 $4.137M ▲
Q2-2024 $851.842M $57.102M $-23.601M -2.771% $0 $-21.688M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2025 $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 ▼
Q1-2024 $233.982M $881.672M $516.928M $364.744M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2023 $131.573K ▲ $-2.812M ▼ $-3.529M ▼ $3.891M ▲ $-2.45M ▼ $-2.812M ▼
Q1-2023 $-9.158M ▼ $-1.861M ▼ $147.966M ▲ $-143.841M ▼ $2.263M ▲ $-1.861M ▼
Q4-2022 $1.276M ▼ $-908.868K ▲ $-2.56M ▼ $2.56M ▲ $-908.868K ▲ $-908.868K ▲
Q3-2022 $2.208M ▼ $-1.603M ▼ $1.831B ▲ $-1.831B ▼ $-1.603M ▼ $-1.603M ▼
Q2-2022 $22.061M $-1.031M $0 $0 $-1.031M $-1.031M

Five-Year Company Overview

Income Statement

Income Statement Revenue has been climbing steadily over the past few years, which suggests the business is gaining commercial traction and finding demand for its platform and services. However, the company is still loss‑making at the operating and net income level. The good news is that losses have generally been narrowing over time, indicating improving efficiency and better cost control, even though profitability has not yet been reached. Gross margins are positive but slim, meaning the business model works in principle but still needs more scale or higher pricing power to produce attractive profits. Overall, this is a classic early‑stage tech profile: growing, but still in investment and build‑out mode.

Balance Sheet

Balance Sheet The balance sheet looks meaningfully stronger than it did a few years ago. Total assets have grown, equity has moved from negative to positive, and leverage appears modest. That points to some repair and recapitalization of the business over time. Cash levels have moved around and are not especially rich, which could limit flexibility if growth investments or a downturn demand more liquidity. Debt is present but does not appear to dominate the capital structure. In short, the company has transitioned from a stressed balance sheet to a more stable one, but its financial cushion is not deep, so ongoing access to funding and disciplined cash use remain important watch points.

Cash Flow

Cash Flow Cash flow from operations has been consistently negative, showing that the core business still consumes cash rather than generating it. There was a period of improvement, but the latest year shows a step back, with higher cash burn again. Free cash flow mirrors this pattern because capital spending is minimal; the main drain is operating losses and working capital needs, not heavy investment in physical assets. This profile is typical for a scaling software and platform business, but it means the company likely remains dependent on external capital or balance‑sheet reserves until it can convert revenue growth into sustained positive cash flow.

Competitive Edge

Competitive Edge Cheche operates in a niche intersection of auto insurance, digital platforms, and the fast‑growing New Energy Vehicle market in China. Its strength comes from an integrated, data‑driven insurtech platform and close relationships with major NEV manufacturers, which tie its services directly into the vehicle purchase process. This gives it embedded distribution and makes it harder for rivals to displace. The company also serves multiple sides of the insurance ecosystem—carriers, intermediaries, and consumers—which deepens its network effect. On the risk side, it operates in a highly competitive and regulated space, and its scale is still emerging compared with larger, more established insurance and tech players. Its competitive position is promising but not yet unassailable, and continued execution on partnerships and technology will be critical.

Innovation and R&D

Innovation and R&D Innovation is a clear focal point. Cheche has built AI‑driven tools like its anti‑fraud and risk control model, which has attracted external recognition and directly addresses a costly problem in insurance. It also offers cloud‑based software to help traditional insurance intermediaries go digital, plus a full‑stack insurance solution tailored for New Energy Vehicles. This combination of advanced analytics, SaaS offerings, and NEV‑specific capabilities differentiates it from more conventional insurance platforms. Looking ahead, the company aims to deepen its AI capabilities and expand beyond China, leveraging its NEV expertise as Chinese automakers go global. The opportunity is large, but so are the execution challenges, especially around adapting products to new regulatory and market environments.

Summary

Cheche Group, underlying the CCGWW warrants, shows a pattern of steadily rising revenue, improving but still negative earnings, and a repaired balance sheet that has shifted from stressed to more stable. The business model—an AI‑enabled insurtech platform with a strong foothold in the New Energy Vehicle ecosystem—offers a clear strategic angle and potential for scale. At the same time, the company continues to burn cash, relies on a relatively thin liquidity cushion, and operates in a competitive, regulated industry where technology and partnerships must keep evolving. The key themes are early‑stage growth, strengthening fundamentals, meaningful innovation, and ongoing execution and funding risks that will shape how the story develops from here.