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Side-by-side financial comparison of Cheche Group Inc. (CCG) and MARSH & MCLENNAN COMPANIES, INC. (MRSH). Click either name above to swap in a different company.

MARSH & MCLENNAN COMPANIES, INC. is the larger business by last-quarter revenue ($6.6B vs $188.3M, roughly 35.0× Cheche Group Inc.). MARSH & MCLENNAN COMPANIES, INC. runs the higher net margin — 12.4% vs -1.9%, a 14.3% gap on every dollar of revenue.

Cheche Group Inc. is a leading automotive digital service provider headquartered in China. It offers integrated solutions including auto insurance intermediary services, smart auto after-sales support, and connected vehicle technology products, serving individual car owners, auto dealerships, and insurance partners across domestic and select Southeast Asian markets.

Marsh & McLennan Companies, Inc., doing business as Marsh McLennan and Marsh, is a global professional services firm, headquartered in New York City with businesses in insurance brokerage, risk management, reinsurance services, talent management, investment advisory, and management consulting. Its four main operating companies are Marsh, which offers risk management, insurance broking, insurance program management, risk consulting, analytical modeling and alternative risk financing services; ...

CCG vs MRSH — Head-to-Head

Bigger by revenue
MRSH
MRSH
35.0× larger
MRSH
$6.6B
$188.3M
CCG
Higher net margin
MRSH
MRSH
14.3% more per $
MRSH
12.4%
-1.9%
CCG

Income Statement — Q2 2025 vs Q4 2025

Metric
CCG
CCG
MRSH
MRSH
Revenue
$188.3M
$6.6B
Net Profit
$-3.6M
$821.0M
Gross Margin
4.9%
Operating Margin
-2.0%
18.5%
Net Margin
-1.9%
12.4%
Revenue YoY
8.7%
Net Profit YoY
4.2%
EPS (diluted)
$1.68

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CCG
CCG
MRSH
MRSH
Q4 25
$6.6B
Q3 25
$6.4B
Q2 25
$188.3M
$7.0B
Q1 25
$7.1B
Q4 24
$6.1B
Q3 24
$5.7B
Q2 24
$261.8M
$6.2B
Q1 24
$6.5B
Net Profit
CCG
CCG
MRSH
MRSH
Q4 25
$821.0M
Q3 25
$747.0M
Q2 25
$-3.6M
$1.2B
Q1 25
$1.4B
Q4 24
$788.0M
Q3 24
$747.0M
Q2 24
$-54.9M
$1.1B
Q1 24
$1.4B
Gross Margin
CCG
CCG
MRSH
MRSH
Q4 25
Q3 25
Q2 25
4.9%
Q1 25
Q4 24
Q3 24
Q2 24
4.3%
Q1 24
Operating Margin
CCG
CCG
MRSH
MRSH
Q4 25
18.5%
Q3 25
18.4%
Q2 25
-2.0%
26.2%
Q1 25
28.4%
Q4 24
18.8%
Q3 24
19.4%
Q2 24
-4.7%
26.4%
Q1 24
29.7%
Net Margin
CCG
CCG
MRSH
MRSH
Q4 25
12.4%
Q3 25
11.8%
Q2 25
-1.9%
17.4%
Q1 25
19.6%
Q4 24
13.0%
Q3 24
13.1%
Q2 24
-21.0%
18.1%
Q1 24
21.6%
EPS (diluted)
CCG
CCG
MRSH
MRSH
Q4 25
$1.68
Q3 25
$1.51
Q2 25
$2.45
Q1 25
$2.79
Q4 24
$1.58
Q3 24
$1.51
Q2 24
$2.27
Q1 24
$2.82

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CCG
CCG
MRSH
MRSH
Cash + ST InvestmentsLiquidity on hand
$62.5M
$2.7B
Total DebtLower is stronger
$19.6B
Stockholders' EquityBook value
$-391.0M
$15.3B
Total Assets
$473.9M
$58.7B
Debt / EquityLower = less leverage
1.28×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CCG
CCG
MRSH
MRSH
Q4 25
$2.7B
Q3 25
$2.5B
Q2 25
$62.5M
$1.7B
Q1 25
$1.6B
Q4 24
$2.4B
Q3 24
$1.8B
Q2 24
$18.7M
$1.7B
Q1 24
$1.5B
Total Debt
CCG
CCG
MRSH
MRSH
Q4 25
$19.6B
Q3 25
$19.6B
Q2 25
$19.6B
Q1 25
$19.5B
Q4 24
$19.9B
Q3 24
$12.8B
Q2 24
$12.8B
Q1 24
$13.4B
Stockholders' Equity
CCG
CCG
MRSH
MRSH
Q4 25
$15.3B
Q3 25
$15.4B
Q2 25
$-391.0M
$16.0B
Q1 25
$14.3B
Q4 24
$13.5B
Q3 24
$13.9B
Q2 24
$-389.8M
$13.6B
Q1 24
$12.6B
Total Assets
CCG
CCG
MRSH
MRSH
Q4 25
$58.7B
Q3 25
$58.8B
Q2 25
$473.9M
$58.6B
Q1 25
$57.0B
Q4 24
$56.5B
Q3 24
$49.9B
Q2 24
$346.0M
$48.6B
Q1 24
$47.6B
Debt / Equity
CCG
CCG
MRSH
MRSH
Q4 25
1.28×
Q3 25
1.27×
Q2 25
1.23×
Q1 25
1.37×
Q4 24
1.47×
Q3 24
0.93×
Q2 24
0.94×
Q1 24
1.06×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CCG
CCG
MRSH
MRSH
Operating Cash FlowLast quarter
$-44.7M
$2.2B
Free Cash FlowOCF − Capex
$2.1B
FCF MarginFCF / Revenue
31.2%
Capex IntensityCapex / Revenue
1.6%
Cash ConversionOCF / Net Profit
2.63×
TTM Free Cash FlowTrailing 4 quarters
$5.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CCG
CCG
MRSH
MRSH
Q4 25
$2.2B
Q3 25
$2.1B
Q2 25
$-44.7M
$1.7B
Q1 25
$-622.0M
Q4 24
$2.0B
Q3 24
$1.9B
Q2 24
$-7.6M
$1.2B
Q1 24
$-781.0M
Free Cash Flow
CCG
CCG
MRSH
MRSH
Q4 25
$2.1B
Q3 25
$2.0B
Q2 25
$1.6B
Q1 25
$-677.0M
Q4 24
$1.9B
Q3 24
$1.8B
Q2 24
$1.1B
Q1 24
$-868.0M
FCF Margin
CCG
CCG
MRSH
MRSH
Q4 25
31.2%
Q3 25
31.6%
Q2 25
23.1%
Q1 25
-9.6%
Q4 24
31.0%
Q3 24
32.3%
Q2 24
18.2%
Q1 24
-13.4%
Capex Intensity
CCG
CCG
MRSH
MRSH
Q4 25
1.6%
Q3 25
1.1%
Q2 25
0.8%
Q1 25
0.8%
Q4 24
1.3%
Q3 24
1.3%
Q2 24
1.3%
Q1 24
1.3%
Cash Conversion
CCG
CCG
MRSH
MRSH
Q4 25
2.63×
Q3 25
2.79×
Q2 25
1.38×
Q1 25
-0.45×
Q4 24
2.48×
Q3 24
2.56×
Q2 24
1.08×
Q1 24
-0.56×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CCG
CCG

Segment breakdown not available.

MRSH
MRSH

Marsh Insurance Group$3.6B55%
Consulting Segment$2.6B40%
Guy Carpenter Reinsurance Group$179.0M3%
Other$175.0M3%

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