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Side-by-side financial comparison of Cheche Group Inc. (CCG) and Phathom Pharmaceuticals, Inc. (PHAT). Click either name above to swap in a different company.

Phathom Pharmaceuticals, Inc. is the larger business by last-quarter revenue ($57.6M vs $32.8M, roughly 1.8× Cheche Group Inc.).

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.

Phathom Pharmaceuticals is a clinical-stage biopharmaceutical firm focused on developing and commercializing innovative therapies for gastrointestinal diseases. Its lead product candidates address acid-related disorders, inflammatory bowel disease, and other GI conditions, serving patients mainly across North America and Europe.

CCG vs PHAT — Head-to-Head

Bigger by revenue
PHAT
PHAT
1.8× larger
PHAT
$57.6M
$32.8M
CCG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CCG
CCG
PHAT
PHAT
Revenue
$32.8M
$57.6M
Net Profit
$153.6K
Gross Margin
5.7%
86.7%
Operating Margin
Net Margin
0.5%
Revenue YoY
94.1%
Net Profit YoY
71.6%
EPS (diluted)
$0.00

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
PHAT
PHAT
Q1 26
$32.8M
Q4 25
$57.6M
Q3 25
$49.5M
Q2 25
$26.0M
$39.5M
Q1 25
$28.5M
Q4 24
$18.6M
$29.7M
Q3 24
$16.4M
Q2 24
$36.1M
$7.3M
Net Profit
CCG
CCG
PHAT
PHAT
Q1 26
$153.6K
Q4 25
Q3 25
$-30.0M
Q2 25
$-492.4K
$-75.8M
Q1 25
$-94.3M
Q4 24
$-196.7K
Q3 24
$-85.6M
Q2 24
$-7.6M
$-91.4M
Gross Margin
CCG
CCG
PHAT
PHAT
Q1 26
5.7%
Q4 25
86.7%
Q3 25
87.5%
Q2 25
4.9%
87.2%
Q1 25
86.9%
Q4 24
5.2%
87.1%
Q3 24
85.6%
Q2 24
4.3%
81.2%
Operating Margin
CCG
CCG
PHAT
PHAT
Q1 26
Q4 25
Q3 25
-30.8%
Q2 25
-2.0%
-151.7%
Q1 25
-276.5%
Q4 24
-0.3%
Q3 24
-433.0%
Q2 24
-4.7%
-1055.4%
Net Margin
CCG
CCG
PHAT
PHAT
Q1 26
0.5%
Q4 25
Q3 25
-60.5%
Q2 25
-1.9%
-191.9%
Q1 25
-330.7%
Q4 24
-1.1%
Q3 24
-523.3%
Q2 24
-21.0%
-1248.6%
EPS (diluted)
CCG
CCG
PHAT
PHAT
Q1 26
$0.00
Q4 25
Q3 25
$-0.41
Q2 25
$-0.01
$-1.05
Q1 25
$-1.31
Q4 24
$-0.00
Q3 24
$-1.32
Q2 24
$-1.56

Balance Sheet & Financial Strength

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

Metric
CCG
CCG
PHAT
PHAT
Cash + ST InvestmentsLiquidity on hand
$20.0M
$130.0M
Total DebtLower is stronger
$193.3K
$209.1M
Stockholders' EquityBook value
$-438.2M
Total Assets
$203.5M
$259.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CCG
CCG
PHAT
PHAT
Q1 26
$20.0M
Q4 25
$130.0M
Q3 25
$135.2M
Q2 25
$23.1M
$149.6M
Q1 25
$212.3M
Q4 24
$21.1M
$297.3M
Q3 24
$334.7M
Q2 24
$28.2M
$276.2M
Total Debt
CCG
CCG
PHAT
PHAT
Q1 26
$193.3K
Q4 25
$209.1M
Q3 25
$207.1M
Q2 25
$690.0K
$205.1M
Q1 25
$203.2M
Q4 24
$201.4M
Q3 24
$175.7M
Q2 24
$174.4M
Stockholders' Equity
CCG
CCG
PHAT
PHAT
Q1 26
Q4 25
$-438.2M
Q3 25
$-422.5M
Q2 25
$47.1M
$-405.8M
Q1 25
$-338.4M
Q4 24
$49.1M
$-253.6M
Q3 24
$-187.1M
Q2 24
$48.6M
$-233.8M
Total Assets
CCG
CCG
PHAT
PHAT
Q1 26
$203.5M
Q4 25
$259.1M
Q3 25
$240.3M
Q2 25
$177.3M
$250.2M
Q1 25
$294.2M
Q4 24
$177.7M
$378.3M
Q3 24
$387.0M
Q2 24
$139.3M
$319.4M
Debt / Equity
CCG
CCG
PHAT
PHAT
Q1 26
Q4 25
Q3 25
Q2 25
0.01×
Q1 25
Q4 24
Q3 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
PHAT
PHAT
Operating Cash FlowLast quarter
$-166.8M
Free Cash FlowOCF − Capex
$-167.0M
FCF MarginFCF / Revenue
-290.0%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-328.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CCG
CCG
PHAT
PHAT
Q1 26
Q4 25
$-166.8M
Q3 25
$-14.1M
Q2 25
$-44.7M
$-62.7M
Q1 25
$-84.9M
Q4 24
$-15.8M
$-266.8M
Q3 24
$-63.6M
Q2 24
$-1.0K
$-70.7M
Free Cash Flow
CCG
CCG
PHAT
PHAT
Q1 26
Q4 25
$-167.0M
Q3 25
$-14.1M
Q2 25
$-62.8M
Q1 25
$-84.9M
Q4 24
$-16.0M
$-266.9M
Q3 24
$-63.6M
Q2 24
$-1.1K
$-70.8M
FCF Margin
CCG
CCG
PHAT
PHAT
Q1 26
Q4 25
-290.0%
Q3 25
-28.6%
Q2 25
-159.0%
Q1 25
-297.9%
Q4 24
-85.9%
-899.8%
Q3 24
-389.0%
Q2 24
-0.0%
-966.2%
Capex Intensity
CCG
CCG
PHAT
PHAT
Q1 26
Q4 25
0.4%
Q3 25
0.1%
Q2 25
0.2%
Q1 25
0.1%
Q4 24
1.2%
0.5%
Q3 24
0.3%
Q2 24
0.0%
0.6%

Financial Flow Comparison

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

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