Cheche Group vs Zhihu
Cheche Group and Zhihu are similar in size: $419m and $383m of revenue in their latest fiscal years. Cheche Group grew faster (-13.2% against -23.5%). Cheche Group kept more of each dollar of sales as profit: a net margin of -0.6% against -7.0%. Zhihu carries less debt relative to equity (0.9% against 28.2%).
| Latest fiscal year | Cheche GroupCCG, 2025 | ZhihuZH, 2025 |
|---|---|---|
| Revenue | $419m | $383m |
| Revenue growth | -13.2% | -23.5% |
| Net income | −$2.5m | −$26.8m |
| Operating margin | -0.7% | -18.5% |
| Net margin | -0.6% | -7.0% |
| Return on equity | -5.0% | -4.8% |
| Free cash flow | −$5.7m | −$50.8m |
| Cash | $20.7m | $482m |
| Total debt | $14.3m | $5.0m |
| Debt to equity | 28.2% | 0.9% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | $23.2m |
| Employees | — | — |
| Market value | $651m | $207m |
| Price vs our value range | — | — |
| Moat score | — | — |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 1 sales |