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Side-by-side financial comparison of Cheche Group Inc. (CCG) and Multi Ways Holdings Ltd (MWG). Click either name above to swap in a different company.

Cheche Group Inc. is the larger business by last-quarter revenue ($32.8M vs $31.1M, roughly 1.1× Multi Ways Holdings Ltd). Cheche Group Inc. runs the higher net margin — 0.5% vs -9.2%, a 9.7% 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.

Multi Ways Holdings Limited is a Hong Kong-headquartered integrated logistics service provider, offering freight forwarding, warehousing management, customs brokerage, and end-to-end supply chain solutions. It mainly serves clients in manufacturing, retail and e-commerce segments, with core markets spanning Greater China, Southeast Asia and North America.

CCG vs MWG — Head-to-Head

Bigger by revenue
CCG
CCG
1.1× larger
CCG
$32.8M
$31.1M
MWG
Higher net margin
CCG
CCG
9.7% more per $
CCG
0.5%
-9.2%
MWG

Income Statement — Q4 FY2025 vs Q4 FY2024

Metric
CCG
CCG
MWG
MWG
Revenue
$32.8M
$31.1M
Net Profit
$153.6K
$-2.9M
Gross Margin
5.7%
31.3%
Operating Margin
-6.2%
Net Margin
0.5%
-9.2%
Revenue YoY
Net Profit YoY
EPS (diluted)
$0.00
$-0.09

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
MWG
MWG
Q1 26
$32.8M
Q2 25
$26.0M
Q4 24
$18.6M
$31.1M
Q2 24
$36.1M
Net Profit
CCG
CCG
MWG
MWG
Q1 26
$153.6K
Q2 25
$-492.4K
Q4 24
$-196.7K
$-2.9M
Q2 24
$-7.6M
Gross Margin
CCG
CCG
MWG
MWG
Q1 26
5.7%
Q2 25
4.9%
Q4 24
5.2%
31.3%
Q2 24
4.3%
Operating Margin
CCG
CCG
MWG
MWG
Q1 26
Q2 25
-2.0%
Q4 24
-0.3%
-6.2%
Q2 24
-4.7%
Net Margin
CCG
CCG
MWG
MWG
Q1 26
0.5%
Q2 25
-1.9%
Q4 24
-1.1%
-9.2%
Q2 24
-21.0%
EPS (diluted)
CCG
CCG
MWG
MWG
Q1 26
$0.00
Q2 25
$-0.01
Q4 24
$-0.00
$-0.09
Q2 24

Balance Sheet & Financial Strength

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

Metric
CCG
CCG
MWG
MWG
Cash + ST InvestmentsLiquidity on hand
$20.0M
$3.3M
Total DebtLower is stronger
$193.3K
Stockholders' EquityBook value
$20.1M
Total Assets
$203.5M
$69.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CCG
CCG
MWG
MWG
Q1 26
$20.0M
Q2 25
$23.1M
Q4 24
$21.1M
$3.3M
Q2 24
$28.2M
Total Debt
CCG
CCG
MWG
MWG
Q1 26
$193.3K
Q2 25
$690.0K
Q4 24
Q2 24
Stockholders' Equity
CCG
CCG
MWG
MWG
Q1 26
Q2 25
$47.1M
Q4 24
$49.1M
$20.1M
Q2 24
$48.6M
Total Assets
CCG
CCG
MWG
MWG
Q1 26
$203.5M
Q2 25
$177.3M
Q4 24
$177.7M
$69.6M
Q2 24
$139.3M
Debt / Equity
CCG
CCG
MWG
MWG
Q1 26
Q2 25
0.01×
Q4 24
Q2 24

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
MWG
MWG
Operating Cash FlowLast quarter
$-12.9M
Free Cash FlowOCF − Capex
$-13.5M
FCF MarginFCF / Revenue
-43.5%
Capex IntensityCapex / Revenue
1.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CCG
CCG
MWG
MWG
Q1 26
Q2 25
$-44.7M
Q4 24
$-15.8M
$-12.9M
Q2 24
$-1.0K
Free Cash Flow
CCG
CCG
MWG
MWG
Q1 26
Q2 25
Q4 24
$-16.0M
$-13.5M
Q2 24
$-1.1K
FCF Margin
CCG
CCG
MWG
MWG
Q1 26
Q2 25
Q4 24
-85.9%
-43.5%
Q2 24
-0.0%
Capex Intensity
CCG
CCG
MWG
MWG
Q1 26
Q2 25
Q4 24
1.2%
1.9%
Q2 24
0.0%

Financial Flow Comparison

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

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