Cheche (CCG) Gross Margin (2022 - 2025)
Cheche's (CCG) quarterly Gross Margin came in at 5.69% in Q4 2025, down 402.0% on a YoY basis from 1.89% in Q4 2024, and down 41.41% quarter-over-quarter from 9.72% in Q4 2024.
Analysis
Cheche (CCG) Gross Margin (2022 - 2025) Analysis & Trends
Cheche (CCG) has reported Gross Margin for 4 consecutive years, with 5.69% the latest figure, recorded in Q4 2025.
- For the quarter ending Q4 2025, Gross Margin fell 402.0% year-over-year to 5.69%; the trailing twelve-month figure through Dec 2025 stood at 6.03% (up 23.0% YoY), and the FY2025 full-year result was 5.33%, up 68.0% from the prior year.
- Gross Margin fell to 5.69% in Q4 2025 per CCG's latest filing, from 9.72% in the prior quarter.
- Across five years, Gross Margin topped out at 9.72% in Q4 2024 and bottomed at 2.97% in Q2 2023.
- Historically, Gross Margin has averaged 5.03% across 4 years, with a median of 4.67% in 2023.
- The sharpest annual moves came in 2024 and 2025: Gross Margin soared 472 bps in 2024, then sank 402 bps in 2025.
- Over 4 years, Gross Margin stood at 6.08% in 2022, then dropped by 18 bps to 4.99% in 2023, then jumped by 95 bps to 9.72% in 2024, then plunged by 41 bps to 5.69% in 2025.
- According to Business Quant data, Gross Margin over the past three periods registered 5.69%, 9.72%, and 4.89% for Q4 2025, Q4 2024, and Q3 2024 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Guidewire Software | 11.83 Bn | 11.08 Bn | 269.68 Mn | 65.60% |
| 2 | Exzeo | 1.50 Bn | 1.36 Bn | 36.84 Mn | 63.75% |
| 3 | Yuanbao | 571.39 Mn | -169.12 Mn | - | - |
| 4 | Cheche | 182.09 Mn | 162.65 Mn | - | - |
| 5 | Roadzen | 104.06 Mn | 100.94 Mn | 9.27 Mn | 57.25% |
| 6 | Health In Tech | 57.04 Mn | 50.59 Mn | 3.92 Mn | 48.40% |
| 7 | MindForge | 1.79 Mn | -8.08 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 5.69% |
| Dec 31, 2024 | 9.72% |
| Sep 30, 2024 | 4.89% |
| Jun 30, 2024 | 3.63% |
| Mar 31, 2024 | 4.29% |
| Dec 31, 2023 | 4.99% |
| Sep 30, 2023 | 4.67% |
| Jun 30, 2023 | 2.97% |
| Mar 31, 2023 | 4.32% |
| Dec 31, 2022 | 6.08% |
| Sep 30, 2022 | 4.02% |