Cheche Group Inc. (CCG) Balance Sheet

NASDAQ: CCGAssets, liabilities, debt and equity over 5 years.

CCG balance sheet, 2025

December 31, 2025 · Chinese yuan

CN¥1.48B assets = CN¥1.12B liabilities + CN¥355.4M equity

Both columns are drawn to the same scale: what CCG owns equals what it owes plus shareholders’ equity. Hover a block for its value.

CCG financial health

Current ratio1.23

Adequate · current assets cover current liabilities 1.23×

Debt / equity0.27

Low leverage · CN¥0.27 of debt for each $1 of equity

Equity / assets24.1%

Balanced · of assets funded by shareholders

Cash / debt156.3%

Cash covers debt · cash & short-term investments vs total debt

Goodwill & intangibles6.0%

Mostly tangible · of total assets

Descriptive bands, not a rating. Fiscal 2025.

CCG balance sheet trends, 2021–2025

Cheche Group Inc. balance sheet trends
Metric	Then	Latest	Change
Total assets	CN¥868.6M2021	CN¥1.48B2025	+14.2%/yr
Total liabilities	CN¥1.87B2021	CN¥1.12B2025	−12.1%/yr
Shareholders’ equity	−CN¥1.01B2021	CN¥355.4M2025	—
Cash & short-term investments	CN¥426.1M2021	CN¥149.8M2025	−23.0%/yr
Total debt	CN¥36.7M2021	CN¥95.9M2025	+27.2%/yr
Net cash (debt)	CN¥389.5M2021	CN¥53.9M2025	−CN¥335.5M
Working capital	CN¥404.9M2021	CN¥250.5M2025	−CN¥154.4M
Current ratio	2.162021	1.232025	−0.94
Debt / equity	0.082023	0.272025	+0.19
Shares outstanding	2.3M2021	2.4M2025	+1.0%/yr

Change is the average annual growth (CAGR) or the difference between the first and latest year.

CCG assets

Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current

CCG liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

CCG debt vs cash

Total debtCash & ST investmentsNet cash (debt)

Debt includes short- and long-term borrowings and, where reported, lease obligations.

CCG balance sheet in Chinese yuan

Cheche Group Inc. annual balance sheet
	2025	2024	2023	2022	2021
Assets
Cash & short-term investments	CN¥149.8M	CN¥152.9M	CN¥264.9M	CN¥149.8M	CN¥426.1M
Cash & equivalents	CN¥149.6M	CN¥117.5M	CN¥243.4M	CN¥114.9M	CN¥362.4M
Short-term investments	CN¥226,140	CN¥35.4M	CN¥21.5M	CN¥34.8M	CN¥63.8M
Receivables	CN¥1.15B	CN¥1.00B	CN¥506.0M	CN¥435.9M	CN¥311.9M
Inventory	CN¥0	CN¥0	CN¥7.8M	CN¥13.6M	CN¥13.5M
Other current assets	CN¥60.1M	CN¥23.1M	CN¥1.6M	CN¥1.6M	CN¥1.0M
Total current assets	CN¥1.36B	CN¥1.18B	CN¥780.3M	CN¥600.8M	CN¥752.6M
Property, plant & equipment (net)	CN¥7.3M	CN¥7.0M	CN¥11.9M	CN¥16.9M	CN¥19.1M
Goodwill & intangible assets	CN¥88.5M	CN¥90.6M	CN¥92.7M	CN¥94.8M	CN¥96.9M
Long-term investments	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0
Other non-current assets	CN¥23.6M	CN¥9.5M	CN¥9.1M	CN¥0	CN¥0
Total assets	CN¥1.48B	CN¥1.29B	CN¥894.0M	CN¥712.5M	CN¥868.6M
Liabilities
Accounts payable	CN¥843.3M	CN¥725.8M	CN¥316.9M	CN¥227.2M	CN¥180.3M
Short-term debt	CN¥85.3M	CN¥33.0M	CN¥24.0M	CN¥7.7M	CN¥17.9M
Deferred revenue	CN¥1.0M	CN¥1.8M	CN¥4.3M	CN¥888,000	CN¥8.7M
Total current liabilities	CN¥1.11B	CN¥878.3M	CN¥501.5M	CN¥344.0M	CN¥347.6M
Long-term debt	CN¥9.8M	CN¥0	CN¥0	CN¥0	CN¥10.5M
Lease obligations	CN¥5.5M	CN¥5.2M	CN¥9.3M	CN¥13.9M	CN¥16.2M
Other long-term liabilities	CN¥4.7M	CN¥53.9M	CN¥14.3M	CN¥1.63B	CN¥1.52B
Total liabilities	CN¥1.12B	CN¥932.2M	CN¥515.8M	CN¥1.97B	CN¥1.87B
Shareholders' equity
Common stock & paid-in capital	CN¥6,003	CN¥6,000	CN¥5,000	CN¥2,000	CN¥30,000
Retained earnings (deficit)	−CN¥2.19B	−CN¥2.18B	−CN¥2.11B	−CN¥1.26B	−CN¥1.00B
Accumulated other comprehensive income	−CN¥1.2M	CN¥6.1M	CN¥1.1M	−CN¥66,000	−CN¥7.8M
Total shareholders' equity	CN¥355.4M	CN¥355.8M	CN¥378.2M	−CN¥1.26B	−CN¥1.01B
Key figures
Total debt	CN¥95.9M	CN¥35.2M	CN¥29.3M	CN¥13.9M	CN¥36.7M
Net cash (debt)	CN¥53.9M	CN¥117.7M	CN¥235.5M	CN¥135.9M	CN¥389.5M
Working capital	CN¥250.5M	CN¥302.5M	CN¥278.7M	CN¥256.8M	CN¥404.9M
Tangible book value	CN¥266.9M	CN¥265.2M	CN¥285.5M	−CN¥1.36B	−CN¥1.10B
Shares outstanding	2.4M	2.5M	2.2M	2.3M	2.3M
Current ratio	1.23	1.34	1.56	1.75	2.16
Quick ratio	1.17	1.32	1.54	1.70	2.12
Debt / equity	0.27	0.10	0.08	—	—
Equity / assets	24.1%	27.6%	42.3%	−176.9%	−115.7%

Cheche Group Inc. quarterly balance sheet
	Jun '26	Mar '26	Dec '25	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24	Mar '24	Dec '23	Sep '23
Assets
Cash & short-term investments	CN¥132.0M	CN¥132.0M	CN¥149.8M	CN¥144.7M	CN¥167.2M	CN¥167.2M	CN¥152.9M	CN¥194.6M	CN¥204.6M	CN¥234.0M	CN¥264.9M	CN¥274.5M
Cash & equivalents	CN¥131.7M	CN¥131.7M	CN¥149.6M	CN¥144.5M	CN¥149.2M	CN¥149.2M	CN¥117.5M	CN¥131.1M	CN¥133.1M	CN¥219.6M	CN¥243.4M	CN¥260.2M
Short-term investments	CN¥226,000	CN¥226,000	CN¥226,140	CN¥226,000	CN¥18.0M	CN¥18.0M	CN¥35.4M	CN¥63.5M	CN¥71.5M	CN¥14.4M	CN¥21.5M	CN¥14.4M
Receivables	CN¥680.2M	CN¥680.2M	CN¥1.15B	CN¥1.15B	CN¥942.7M	CN¥942.7M	CN¥982.5M	CN¥746.9M	CN¥639.2M	CN¥483.6M	CN¥506.0M	CN¥445.7M
Inventory	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	−CN¥12.9M	CN¥7.8M	CN¥7.8M	CN¥5.0M
Other current assets	CN¥106.0M	CN¥106.0M	CN¥60.1M	CN¥65.1M	CN¥45.5M	CN¥45.5M	CN¥45.4M	CN¥41.8M	CN¥65.9M	CN¥42.9M	CN¥1.6M	CN¥50.7M
Total current assets	CN¥918.2M	CN¥918.2M	CN¥1.36B	CN¥1.36B	CN¥1.16B	CN¥1.16B	CN¥1.18B	CN¥983.3M	CN¥896.8M	CN¥768.3M	CN¥780.3M	CN¥775.9M
Property, plant & equipment (net)	CN¥5.9M	CN¥5.9M	CN¥7.3M	CN¥7.3M	CN¥9.2M	CN¥9.2M	CN¥7.0M	CN¥11.1M	CN¥12.5M	CN¥12.1M	CN¥11.9M	CN¥9.9M
Goodwill & intangible assets	CN¥87.4M	CN¥87.4M	CN¥88.5M	CN¥88.5M	CN¥89.5M	CN¥89.5M	CN¥90.6M	CN¥91.1M	CN¥91.6M	CN¥92.1M	CN¥92.7M	CN¥93.2M
Long-term investments	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0
Other non-current assets	CN¥2.0M	CN¥2.0M	CN¥23.6M	CN¥23.6M	CN¥30.6M	CN¥30.6M	CN¥9.5M	CN¥9.9M	CN¥8.9M	CN¥9.1M	CN¥9.1M	CN¥0
Total assets	CN¥1.01B	CN¥1.01B	CN¥1.48B	CN¥1.47B	CN¥1.28B	CN¥1.28B	CN¥1.29B	CN¥1.10B	CN¥1.01B	CN¥881.7M	CN¥894.0M	CN¥878.9M
Liabilities
Accounts payable	CN¥430.8M	CN¥430.8M	CN¥843.3M	CN¥842.7M	CN¥684.0M	CN¥684.0M	CN¥725.8M	CN¥565.8M	CN¥467.6M	CN¥322.1M	CN¥316.9M	CN¥280.1M
Short-term debt	CN¥101.7M	CN¥154.6M	CN¥85.3M	CN¥135.9M	CN¥77.5M	CN¥77.5M	—	CN¥19.3M	CN¥19.7M	CN¥21.4M	CN¥24.0M	CN¥23.9M
Deferred revenue	CN¥1.2M	CN¥1.0M	CN¥1.0M	—	CN¥1.7M	CN¥1.8M	—	CN¥2.5M	CN¥3.3M	CN¥4.2M	CN¥4.3M	CN¥4.2M
Total current liabilities	CN¥704.5M	CN¥704.5M	CN¥1.11B	CN¥1.11B	CN¥883.4M	CN¥883.4M	CN¥878.3M	CN¥688.6M	CN¥647.0M	CN¥503.4M	CN¥501.5M	CN¥418.9M
Long-term debt	CN¥0	CN¥0	CN¥9.8M	CN¥0	CN¥5.0M	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0
Lease obligations	CN¥4.1M	—	CN¥5.5M	—	CN¥7.6M	—	CN¥5.2M	CN¥8.2M	CN¥9.2M	CN¥9.0M	CN¥9.3M	CN¥6.8M
Other long-term liabilities	CN¥4.3M	CN¥4.3M	CN¥4.7M	CN¥14.5M	CN¥54.9M	CN¥59.9M	CN¥53.9M	CN¥52.7M	CN¥10.6M	CN¥13.6M	CN¥14.3M	CN¥88.1M
Total liabilities	CN¥708.8M	CN¥708.8M	CN¥1.12B	CN¥1.12B	CN¥943.4M	CN¥943.4M	CN¥932.2M	CN¥741.2M	CN¥657.6M	CN¥516.9M	CN¥515.8M	CN¥507.0M
Shareholders' equity
Common stock & paid-in capital	CN¥6,000	CN¥6,000	CN¥6,003	CN¥6,000	CN¥6,000	CN¥6,000	—	CN¥6,000	CN¥5,000	CN¥5,000	CN¥5,000	CN¥5,000
Retained earnings (deficit)	−CN¥2.24B	−CN¥2.24B	−CN¥2.19B	−CN¥2.19B	−CN¥2.20B	−CN¥2.20B	−CN¥2.18B	−CN¥2.16B	−CN¥2.17B	−CN¥2.15B	−CN¥2.11B	−CN¥2.08B
Accumulated other comprehensive income	−CN¥10.5M	−CN¥10.5M	−CN¥1.2M	−CN¥1.2M	CN¥4.3M	CN¥4.3M	—	−CN¥2.0M	CN¥2.9M	CN¥1.7M	CN¥1.1M	CN¥5.6M
Total shareholders' equity	CN¥304.7M	CN¥304.7M	CN¥355.4M	CN¥355.2M	CN¥341.5M	CN¥341.5M	CN¥355.8M	CN¥354.3M	CN¥352.2M	CN¥364.7M	CN¥378.2M	CN¥372.0M
Key figures
Total debt	CN¥102.3M	CN¥155.3M	CN¥95.9M	CN¥146.5M	CN¥84.5M	CN¥132.8M	—	CN¥23.2M	CN¥24.2M	CN¥26.0M	CN¥29.3M	CN¥26.8M
Net cash (debt)	CN¥29.7M	−CN¥23.3M	CN¥53.9M	−CN¥1.7M	CN¥82.7M	CN¥34.4M	—	CN¥171.4M	CN¥180.4M	CN¥208.0M	CN¥235.5M	CN¥247.7M
Working capital	CN¥213.7M	CN¥213.7M	CN¥250.5M	CN¥250.4M	CN¥272.0M	CN¥272.0M	CN¥302.5M	CN¥294.8M	CN¥249.8M	CN¥264.9M	CN¥278.7M	CN¥357.0M
Tangible book value	CN¥217.3M	CN¥217.3M	CN¥266.9M	CN¥266.7M	CN¥252.0M	CN¥252.0M	CN¥265.2M	CN¥263.2M	CN¥260.6M	CN¥272.6M	CN¥285.5M	CN¥278.8M
Shares outstanding	2.4M	2.4M	83.0M	2.4M	2.3M	2.3M	80.3M	2.5M	2.2M	2.2M	75.4M	2.3M
Current ratio	1.30	1.30	1.23	1.23	1.31	1.31	1.34	1.43	1.39	1.53	1.56	1.85
Quick ratio	1.15	1.15	1.17	1.17	1.26	1.26	1.29	1.37	1.30	1.43	1.54	1.72
Debt / equity	0.34	0.51	0.27	0.41	0.25	0.39	—	0.07	0.07	0.07	0.08	0.07
Equity / assets	30.1%	30.1%	24.1%	24.1%	26.6%	26.6%	27.6%	32.3%	34.9%	41.4%	42.3%	42.3%

Quarterly columns are labeled by the month the quarter ended. Figures in Chinese yuan as reported (latest annual report filed April 27, 2026); data from EODHD.

CCG financial position

At the end of fiscal 2025 (December 31, 2025), Cheche had total assets of CN¥1.5 billion (up 14.6% from a year earlier), total liabilities of CN¥1.1 billion and shareholders' equity of CN¥355.4 million. It held CN¥149.8 million in cash and short-term investments against CN¥95.9 million of debt, a net cash position of CN¥53.9 million. Its current ratio was 1.23. In the latest quarter (ended June 30, 2026) total assets were CN¥1.0 billion and equity CN¥304.7 million.

Related: CCG income statement, CCG cash flow statement, CCG key metrics. See the CCG stock overview for the latest quote and news.

CCG balance sheet FAQ

What are Cheche's total assets?

Cheche reported total assets of CN¥1.5 billion at the end of fiscal 2025 (December 31, 2025), compared with CN¥1.3 billion a year earlier.

How much debt does Cheche have?

Cheche had CN¥95.9 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.27.

How much cash does Cheche have?

Cheche held CN¥149.8 million in cash and short-term investments at the end of fiscal 2025; with CN¥95.9 million of debt that is net cash of CN¥53.9 million.

What is Cheche's book value?

Cheche's shareholders' equity (book value) was CN¥355.4 million at the end of fiscal 2025.

What is Cheche's current ratio?

Cheche had current assets of CN¥1.4 billion and current liabilities of CN¥1.1 billion, a current ratio of 1.23 (it can cover its short-term obligations).

How much goodwill does Cheche have?

Cheche carried CN¥88.5 million of goodwill and intangible assets, 6.0% of total assets, at the end of fiscal 2025.