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Side-by-side financial comparison of Cheche Group Inc. (CCG) and NaaS Technology Inc. (NAAS). Click either name above to swap in a different company.

Cheche Group Inc. is the larger business by last-quarter revenue ($32.8M vs $25.9M, roughly 1.3× NaaS Technology Inc.). Cheche Group Inc. runs the higher net margin — 0.5% vs -193.3%, a 193.7% 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.

NaaS Technology Inc. is a leading electric vehicle energy service provider based in China. It delivers one-stop solutions covering charging network operation, software and hardware support for charging station operators, and value-added services such as charging location search and payment for EV owners, serving both enterprise and individual customers across domestic and select overseas markets.

CCG vs NAAS — Head-to-Head

Bigger by revenue
CCG
CCG
1.3× larger
CCG
$32.8M
$25.9M
NAAS
Higher net margin
CCG
CCG
193.7% more per $
CCG
0.5%
-193.3%
NAAS

Income Statement — Q4 FY2025 vs Q2 FY2024

Metric
CCG
CCG
NAAS
NAAS
Revenue
$32.8M
$25.9M
Net Profit
$153.6K
$-50.0M
Gross Margin
5.7%
29.2%
Operating Margin
-144.2%
Net Margin
0.5%
-193.3%
Revenue YoY
121.2%
Net Profit YoY
18.4%
EPS (diluted)
$0.00
$-0.02

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
NAAS
NAAS
Q1 26
$32.8M
Q2 25
$26.0M
Q4 24
$18.6M
Q2 24
$36.1M
$25.9M
Net Profit
CCG
CCG
NAAS
NAAS
Q1 26
$153.6K
Q2 25
$-492.4K
Q4 24
$-196.7K
Q2 24
$-7.6M
$-50.0M
Gross Margin
CCG
CCG
NAAS
NAAS
Q1 26
5.7%
Q2 25
4.9%
Q4 24
5.2%
Q2 24
4.3%
29.2%
Operating Margin
CCG
CCG
NAAS
NAAS
Q1 26
Q2 25
-2.0%
Q4 24
-0.3%
Q2 24
-4.7%
-144.2%
Net Margin
CCG
CCG
NAAS
NAAS
Q1 26
0.5%
Q2 25
-1.9%
Q4 24
-1.1%
Q2 24
-21.0%
-193.3%
EPS (diluted)
CCG
CCG
NAAS
NAAS
Q1 26
$0.00
Q2 25
$-0.01
Q4 24
$-0.00
Q2 24
$-0.02

Balance Sheet & Financial Strength

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

Metric
CCG
CCG
NAAS
NAAS
Cash + ST InvestmentsLiquidity on hand
$20.0M
$24.7M
Total DebtLower is stronger
$193.3K
Stockholders' EquityBook value
$-33.4M
Total Assets
$203.5M
$180.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CCG
CCG
NAAS
NAAS
Q1 26
$20.0M
Q2 25
$23.1M
Q4 24
$21.1M
Q2 24
$28.2M
$24.7M
Total Debt
CCG
CCG
NAAS
NAAS
Q1 26
$193.3K
Q2 25
$690.0K
Q4 24
Q2 24
Stockholders' Equity
CCG
CCG
NAAS
NAAS
Q1 26
Q2 25
$47.1M
Q4 24
$49.1M
Q2 24
$48.6M
$-33.4M
Total Assets
CCG
CCG
NAAS
NAAS
Q1 26
$203.5M
Q2 25
$177.3M
Q4 24
$177.7M
Q2 24
$139.3M
$180.2M
Debt / Equity
CCG
CCG
NAAS
NAAS
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
NAAS
NAAS
Operating Cash FlowLast quarter
$-25.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CCG
CCG
NAAS
NAAS
Q1 26
Q2 25
$-44.7M
Q4 24
$-15.8M
Q2 24
$-1.0K
$-25.7M
Free Cash Flow
CCG
CCG
NAAS
NAAS
Q1 26
Q2 25
Q4 24
$-16.0M
Q2 24
$-1.1K
FCF Margin
CCG
CCG
NAAS
NAAS
Q1 26
Q2 25
Q4 24
-85.9%
Q2 24
-0.0%
Capex Intensity
CCG
CCG
NAAS
NAAS
Q1 26
Q2 25
Q4 24
1.2%
Q2 24
0.0%

Financial Flow Comparison

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

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