Company: CCHH
Filing Date: 2025-08-27
Form Type: F-1
Source: 0001213900-25-081009
Chunk: 174

Company: CCH Holdings Ltd
Filing Date: 2025-08-27
Form: F-1
Chunk 174
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,706 |
| Sales of food ingredients and condiments |     |                     | 1,006,081 |     |      | 1,239,966 |
| Franchise licensing                      |     |                     |   305,251 |     |      |   667,723 |
| Others                                   |     |                     |   253,896 |     |      |   366,949 |
| Total                                    |     | $                   | 9,775,038 |     | $    | 8,915,344 |

The following table summarizes the Group’s revenues recognized at a point in time or over time:

| Timing of revenue recognition |     | For the years ended 
 December 31,        
 2023                |           |     | 2024 |           |
|:------------------------------|:----|:--------------------|----------:|:----|:-----|----------:|
| At a point in time            |     | $                   | 9,215,891 |     | $    | 7,880,672 |
| Over time                     |     |                     |   559,147 |     |      | 1,034,672 |
| Total                         |     | $                   | 9,775,038 |     | $    | 8,915,344 |

Contract balances When either party to a revenue contract has performed, the Group presents the contract in the consolidated balance sheets as a contract asset or a contract liability, depending on the relationship between the Group’s performance and the customer’s payment. Accounts receivable represent revenue recognized for the amounts invoiced and/or prior to invoicing when the Group has satisfied its performance obligation and has unconditional right to the payment. Contract assets represent the Group’s right to consideration in exchange for goods or services that the Group has transferred to a customer. Other than accounts receivable, the Group had no other material contract assets recorded on its consolidated balance sheets as of December 31, 2023 and 2024, respectively. The contract liabilities consist of advances from customers, which represent the cash received for goods and services in advance of revenue recognition and is recognized as revenue when the Group fulfills its performance obligation. The Group’s advances from customers amounted to US$58,969 and US$36,952 as of December 31, 2023 and 2024, respectively. During the years ended December 31, 2023 and 2024, the Group recognized US$55 and US$50,062 revenue that