Cash flow Cheche Group Inc.

Equities

CCG

KYG207071088

Property & Casualty Insurance

Market Closed - Nasdaq Other stock markets 01:21:15 14/09/2024 am IST			5-day change	1st Jan Change
0.7230 ^USD	0.00%		+20.38%	-88.76%

12/09	Cheche Group Inc. Enters into Partnership with Laoyou Insurance Brokerage Co., Ltd	CI
03/09	Cheche Group Announces Partnership with Nev Company JI YUE	CI

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Published financial data: CHECHE GROUP INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023
Revenues	1.74B	2.68B	3.3B
Total Revenues	1.74B	2.68B	3.3B
Cost of Goods Sold, Total	1.65B	2.54B	3.16B
Gross Profit	81.85M	144M	140M
Selling General & Admin Expenses, Total	190M	208M	251M
R&D Expenses	46.78M	49.95M	57.17M
Other Operating Expenses	1.04M	1.24M	-
Other Operating Expenses, Total	238M	260M	308M
Operating Income	-156M	-116M	-168M
Interest Expense, Total	-6.52M	-3.3M	-1.45M
Interest And Investment Income	278K	1.89M	5.4M
Net Interest Expenses	-6.24M	-1.41M	3.95M
Currency Exchange Gains (Loss)	2.1M	13.41M	-2.55M
Other Non Operating Income (Expenses)	12.87M	12.41M	6.42M
EBT, Excl. Unusual Items	-147M	-91.54M	-160M
EBT, Incl. Unusual Items	-147M	-91.54M	-160M
Income Tax Expense	-522K	-521K	-363K
Earnings From Continuing Operations	-146M	-91.02M	-160M
Net Income to Company	-146M	-91.02M	-160M
Minority Interest	44.99M	279M	-
Net Income - (IS)	-101M	188M	-160M
Preferred Dividend and Other Adjustments	-101M	188M	762M
Net Income to Common Incl Extra Items	0	0	-922M
Net Income to Common Excl. Extra Items	0	0	-922M
Per Share Items
Net EPS - Basic	-0.1	-0.65	-20.3
Basic EPS - Continuing Operations	-0.1	-0.65	-20.3
Basic Weighted Average Shares Outstanding	461M	433M	45.42M
Net EPS - Diluted	-0.1	-0.65	-20.3
Diluted EPS - Continuing Operations	-0.1	-0.65	-20.3
Diluted Weighted Average Shares Outstanding	461M	433M	45.42M
Normalized Basic EPS	-0.1	0.51	-2.2
Normalized Diluted EPS	-0.1	0.51	-2.2
Supplemental Items
EBITDA	-152M	-113M	-165M
EBITA	-154M	-114M	-166M
EBIT	-156M	-116M	-168M
EBITDAR	-140M	-104M	-155M
Effective Tax Rate - (Ratio)	0.36	0.57	0.23
Total Current Taxes	3K	4K	162K
Total Deferred Taxes	-525K	-525K	-525K
Normalized Net Income	-46.87M	222M	-99.97M
Supplemental Operating Expense Items
Selling and Marketing Expenses	110M	139M	111M
General and Administrative Expenses	79.67M	69.35M	139M
Research And Development Expense From Footnotes	46.78M	49.95M	57.17M
Net Rental Expense, Total	11.98M	9.01M	10.07M
Imputed Operating Lease Interest Expense	-	2.91M	1.47M
Imputed Operating Lease Depreciation	-	6.1M	8.6M
Stock-Based Comp., COGS (Total)	8K	11K	191K
Stock-Based Comp., R&D Exp. (Total)	228K	405K	11.58M
Stock-Based Comp., S&M Exp. (Total)	10.69M	9.12M	30.69M
Stock-Based Comp., G&A Exp. (Total)	7.6M	6.67M	67.52M
Total Stock-Based Compensation	18.53M	16.21M	110M

Fiscal Period: December	2021	2022	2023
Assets
Cash And Equivalents	362M	115M	243M
Short Term Investments	63.76M	34.82M	21.47M
Total Cash And Short Term Investments	426M	150M	265M
Accounts Receivable, Total	286M	402M	466M
Total Receivables	286M	402M	466M
Prepaid Expenses	3.77M	4.75M	5.13M
Restricted Cash	5M	5M	-
Other Current Assets, Total	31.91M	39.66M	44.19M
Total Current Assets	753M	601M	780M
Gross Property Plant And Equipment	26.46M	23.98M	19.69M
Accumulated Depreciation	-7.32M	-7.08M	-7.78M
Net Property Plant And Equipment	19.14M	16.89M	11.92M
Goodwill	84.61M	84.61M	84.61M
Other Intangibles, Total	12.25M	10.15M	8.05M
Other Long-Term Assets, Total	-	-	9.15M
Total Assets	869M	712M	894M
Liabilities
Accounts Payable, Total	180M	227M	317M
Accrued Expenses, Total	79.87M	97.98M	91.02M
Short-term Borrowings	10M	-	20M
Current Portion of Long-Term Debt	53M	-	55.25M
Current Portion of Leases	7.87M	7.68M	3.95M
Current Income Taxes Payable	22K	34K	48K
Unearned Revenue Current, Total	8.71M	888K	4.3M
Other Current Liabilities	7.85M	10.3M	10.1M
Total Current Liabilities	348M	344M	502M
Long-Term Debt	10.51M	59.93M	-
Long-Term Leases	8.29M	6.23M	5.4M
Unearned Revenue Non Current	1.13M	1.43M	1.43M
Deferred Tax Liability Non Current	3.06M	2.54M	2.01M
Other Non Current Liabilities	-	-	5.42M
Total Liabilities	371M	414M	516M
Preferred Stock Convertible	1.5B	1.56B	-
Total Preferred Equity	1.5B	1.56B	-
Common Stock, Total	30K	30K	5K
Additional Paid In Capital	3.89M	-	2.49B
Retained Earnings	-1B	-1.26B	-2.11B
Treasury Stock	-1.03M	-1.03M	-1.02M
Comprehensive Income and Other	-7.8M	-66K	1.15M
Total Common Equity	-1.01B	-1.26B	378M
Total Equity	498M	298M	378M
Total Liabilities And Equity	869M	712M	894M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	432M	393M	75.74M
ECS Total Common Shares Outstanding	432M	393M	75.44M
Book Value / Share	-2.33	-3.2	5.01
Tangible Book Value	-1.1B	-1.36B	286M
Tangible Book Value Per Share	-2.55	-3.45	3.78
Total Debt	89.67M	73.83M	84.6M
Net Debt	-336M	-75.93M	-180M
Debt Equivalent Oper. Leases	95.87M	72.1M	80.59M
Account Code - Inventory Valuation	-	3	3
Machinery, Total	6.29M	5.63M	5.75M
Full Time Employees	-	635	635
Accumulated Allowance for Doubtful Accounts (Supple)	1M	1.03M	2.23M

Fiscal Period: December	2021	2022	2023
Net Income	-101M	188M	-160M
Depreciation & Amortization - CF	12.65M	9.31M	9.46M
Amortization of Goodwill and Intangible Assets - (CF)	2.2M	2.1M	2.1M
Depreciation & Amortization, Total	14.85M	11.41M	11.56M
(Gain) Loss From Sale Of Asset	16K	7K	46K
Stock-Based Compensation (CF)	18.53M	16.21M	110M
Provision and Write-off of Bad Debts	484K	23K	1.2M
Other Operating Activities, Total	-36.53M	-287M	7.84M
Change In Accounts Receivable	-165M	-116M	-65.6M
Change In Accounts Payable	96.39M	46.86M	89.71M
Change in Unearned Revenues	6.25M	-7.52M	3.41M
Change In Income Taxes	-140K	-1.33M	-2.13M
Change in Other Net Operating Assets	-21.16M	-10.26M	-23.38M
Cash from Operations	-188M	-159M	-26.95M
Capital Expenditure	-1.62M	-1.24M	-549K
Sale of Property, Plant, and Equipment	52K	-	22K
Investment in Marketable and Equity Securities, Total	-63.76M	28.93M	13.35M
Cash from Investing	-65.33M	27.69M	12.82M
Short Term Debt Issued, Total	186M	10M	20M
Long-Term Debt Issued, Total	19.13M	-	-
Total Debt Issued	205M	10M	20M
Short Term Debt Repaid, Total	-246M	-20M	-
Long-Term Debt Repaid, Total	-28.62M	-11.84M	-12.61M
Total Debt Repaid	-275M	-31.84M	-12.61M
Issuance of Common Stock	-	-	138M
Issuance of Preferred Stock	653M	-	-
Repurchase of Preferred Stock	-	-137M	-
Other Financing Activities, Total	-	-	-4.95M
Cash from Financing	584M	-159M	140M
Foreign Exchange Rate Adjustments	-1.91M	42.77M	2.23M
Net Change in Cash	329M	-247M	128M
Supplemental Items
Cash Interest Paid	10.54M	2.58M	898K
Cash Income Tax Paid (Refund)	3K	4K	162K
Levered Free Cash Flow	-	-113M	36.89M
Unlevered Free Cash Flow	-	-111M	37.79M
Change In Net Working Capital	-	65.04M	-21.66M
Net Debt Issued / Repaid	-69.57M	-21.84M	7.39M

Fiscal Period: December	2021	2022	2023
Profitability
Return on Assets	-	-9.17	-13.06
Return on Total Capital	-	-15.1	-25.12
Return On Equity %	-	-22.86	-47.18
Return on Common Equity	-	0	208.93
Margin Analysis
Gross Profit Margin %	4.72	5.36	4.25
SG&A Margin	10.93	7.78	7.6
EBITDA Margin %	-8.75	-4.21	-4.99
EBITA Margin %	-8.85	-4.25	-5.02
EBIT Margin %	-8.97	-4.33	-5.08
Income From Continuing Operations Margin %	-8.44	-3.4	-4.83
Net Income Margin %	-5.85	7.03	-4.83
Net Avail. For Common Margin %	0	0	-27.92
Normalized Net Income Margin	-2.7	8.29	-3.03
Levered Free Cash Flow Margin	-	-4.23	1.12
Unlevered Free Cash Flow Margin	-	-4.15	1.14
Asset Turnover
Asset Turnover	-	3.39	4.11
Fixed Assets Turnover	-	148.7	229.19
Receivables Turnover (Average Receivables)	-	7.79	7.61
Short Term Liquidity
Current Ratio	2.16	1.75	1.56
Quick Ratio	2.05	1.6	1.46
Operating Cash Flow to Current Liabilities	-0.54	-0.46	-0.05
Days Sales Outstanding (Average Receivables)	-	46.83	47.97
Average Days Payable Outstanding	-	29.33	31.41
Long Term Solvency
Total Debt/Equity	18.01	24.75	22.37
Total Debt / Total Capital	15.26	19.84	18.28
LT Debt/Equity	3.77	22.18	1.43
Long-Term Debt / Total Capital	3.2	17.78	1.17
Total Liabilities / Total Assets	42.67	58.13	57.7
EBIT / Interest Expense	-23.87	-35.11	-116.03
EBITDA / Interest Expense	-21.44	-31.39	-106.89
(EBITDA - Capex) / Interest Expense	-21.69	-31.76	-107.27
Total Debt / EBITDA	-0.64	-0.71	-0.55
Net Debt / EBITDA	2.41	0.73	1.17
Total Debt / (EBITDA - Capex)	-0.63	-0.7	-0.55
Net Debt / (EBITDA - Capex)	2.38	0.72	1.16
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	54.38	23.23
Gross Profit, 1 Yr. Growth %	-	75.39	-1.47
EBITDA, 1 Yr. Growth %	-	-25.78	46.09
EBITA, 1 Yr. Growth %	-	-25.83	45.52
EBIT, 1 Yr. Growth %	-	-25.53	44.7
Earnings From Cont. Operations, 1 Yr. Growth %	-	-37.85	75.33
Net Income, 1 Yr. Growth %	-	-285.55	75.33
Normalized Net Income, 1 Yr. Growth %	-	-573.81	74.73
Diluted EPS Before Extra, 1 Yr. Growth %	-	550	130.94
Accounts Receivable, 1 Yr. Growth %	-	40.57	16.03
Net Property, Plant and Equip., 1 Yr. Growth %	-	-11.73	-29.47
Total Assets, 1 Yr. Growth %	-	-17.97	25.47
Tangible Book Value, 1 Yr. Growth %	-	22.98	-121.07
Common Equity, 1 Yr. Growth %	-	25.4	-130
Cash From Operations, 1 Yr. Growth %	-	-15.32	-83.04
Capital Expenditures, 1 Yr. Growth %	-	-23.69	-55.73
Levered Free Cash Flow, 1 Yr. Growth %	-	-	-132.59
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	-134.01
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	37.93
Gross Profit, 2 Yr. CAGR %	-	-	31.73
EBITDA, 2 Yr. CAGR %	-	-	4.13
EBITA, 2 Yr. CAGR %	-	-	3.89
EBIT, 2 Yr. CAGR %	-	-	3.8
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-	4.39
Net Income, 2 Yr. CAGR %	-	-	4.39
Normalized Net Income, 2 Yr. CAGR %	-	-	4.32
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	290.68
Accounts Receivable, 2 Yr. CAGR %	-	-	27.71
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	-21.1
Total Assets, 2 Yr. CAGR %	-	-	1.45
Tangible Book Value, 2 Yr. CAGR %	-	-	-49.1
Common Equity, 2 Yr. CAGR %	-	-	-38.66
Cash From Operations, 2 Yr. CAGR %	-	-	-62.1
Capital Expenditures, 2 Yr. CAGR %	-	-	-41.88