Cango (CANG) Financials

$3.56 -0.27 (-7.05%)

As of 03:58 PM Eastern

Annual Income Statements for Cango

This table shows Cango's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	18	52	44	56	518	-1.34	-161	-5.33	41
Consolidated Net Income / (Loss)	19	54	45	58	519	-1.34	-161	-5.33	41
Net Income / (Loss) Continuing Operations	19	54	45	58	519	-1.34	-161	-5.33	41
Total Pre-Tax Income	27	72	58	70	576	1.93	-127	7.83	41
Total Operating Income	26	72	40	46	49	-3.65	-137	-10	25
Total Gross Profit	38	102	96	199	299	151	22	27	24
Total Revenue	62	161	159	207	316	615	287	240	110
Operating Revenue	62	161	159	207	316	615	287	240	110
Total Cost of Revenue	24	59	63	8.11	17	464	265	213	86
Operating Cost of Revenue	24	59	63	-	-	464	265	213	86
Total Operating Expenses	11	30	56	152	250	155	159	37	-0.52
Selling, General & Admin Expense	4.95	16	22	34	41	43	43	22	34
Marketing Expense	5.67	18	24	28	30	38	19	5.48	1.79
Research & Development Expense	0.72	2.98	6.80	8.24	9.63	11	6.66	4.24	0.75
Other Operating Expenses / (Income)	0.11	-5.96	2.85	82	169	63	90	-16	-37
Impairment Charge	-	-	-	-	-	0.00	0.00	21	0.00
Total Other Income / (Expense), net	0.30	-0.24	17	24	527	5.58	11	18	17
Interest Expense	0.06	1.99	2.77	1.93	0.42	2.27	2.44	0.58	0.09
Interest & Investment Income	-0.84	3.23	15	20	521	2.10	4.92	15	16
Other Income / (Expense), net	1.21	-1.47	4.97	5.93	6.07	5.75	8.05	4.25	1.07
Income Tax Expense	7.60	18	13	12	57	3.27	34	13	0.18
Basic Earnings per Share	$0.51	$1.35	$1.08	$1.29	$11.21	($0.09)	($1.76)	($0.07)	$0.08
Weighted Average Basic Shares Outstanding	127.15M	127.15M	279.16M	302.42M	300.48M	289.89M	274.08M	243.05M	208.20M
Diluted Earnings per Share	$0.51	$1.35	$1.08	$1.29	$11.09	($0.09)	($1.76)	($0.07)	$0.07
Weighted Average Diluted Shares Outstanding	252.83M	252.83M	280.87M	303.28M	303.90M	289.89M	274.08M	243.05M	233.03M
Weighted Average Basic & Diluted Shares Outstanding	-	-	302.81M	301.95M	299.75M	279.49M	269.58M	217.84M	207.57M

No quarterly income statements for Cango are available.

This table details how cash moves in and out of Cango's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	-0.27	171	400	-6.46	-236	46	-193	283	-233
Net Cash From Operating Activities	12	90	27	61	-96	-63	-82	145	-42
Net Cash From Continuing Operating Activities	12	90	27	61	-96	-63	-82	145	-42
Net Income / (Loss) Continuing Operations	19	54	45	58	519	-1.34	-161	-5.33	41
Consolidated Net Income / (Loss)	19	54	45	58	519	-1.34	-161	-5.33	41
Depreciation Expense	0.22	0.46	1.05	1.50	1.47	1.34	0.98	1.11	12
Amortization Expense	-	-	-	-	0.00	0.00	1.56	1.52	1.22
Non-Cash Adjustments To Reconcile Net Income	2.54	-2.78	1.30	17	-574	-25	196	50	-115
Changes in Operating Assets and Liabilities, net	-9.99	39	-20	-16	-42	-38	-119	97	18
Net Cash From Investing Activities	-39	-25	-239	-172	-76	418	284	299	-171
Net Cash From Continuing Investing Activities	-39	-25	-239	-172	-76	418	284	299	-171
Purchase of Property, Plant & Equipment	-0.37	-1.47	-2.09	-6.18	-0.82	-2.97	-0.67	-0.25	-0.08
Purchase of Investments	-69	-270	-781	-104	-519	-368	-570	-677	-775
Sale of Property, Plant & Equipment	0.06	0.04	0.00	0.00	0.00	0.01	0.02	0.10	0.00
Sale and/or Maturity of Investments	35	276	398	39	159	628	662	860	701
Other Investing Activities, net	-4.55	-8.12	162	-101	285	160	193	116	-97
Net Cash From Financing Activities	27	105	595	105	-59	-305	-434	-168	-17
Net Cash From Continuing Financing Activities	27	105	595	105	-59	-305	-434	-168	-17
Repayment of Debt	0.00	-64	-11	-242	-525	-330	-247	-166	-5.35
Repurchase of Common Equity	-	0.00	0.00	-2.96	-7.57	-70	-15	-35	-12
Payment of Dividends	-0.32	0.00	-4.59	-37	-45	-150	-271	0.00	0.00
Issuance of Debt	27	61	90	387	518	243	99	32	0.00
Other Financing Activities, net	-	107	481	-0.08	1.03	1.29	1.02	0.38	0.36
Effect of Exchange Rate Changes	0.00	-	-	-	-5.55	-2.36	39	6.89	-1.78
Cash Interest Paid	0.03	2.03	0.55	22	22	21	12	2.41	0.00
Cash Income Taxes Paid	2.83	18	19	11	16	33	4.90	1.10	0.36

No quarterly cash flow statements for Cango are available.

This table presents Cango's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	306	1,063	1,254	1,868	1,718	1,017	655	818
Total Current Assets	170	692	796	1,369	1,194	793	547	474
Cash & Equivalents	123	424	287	219	225	55	144	177
Restricted Cash	1.54	44	139	1.49	9.62	22	237	1.48
Short-Term Investments	9.57	39	86	668	408	281	89	169
Note & Lease Receivable	0.13	0.79	1.31	316	232	11	32	3.61
Accounts Receivable	13	176	262	22	35	39	9.13	3.15
Other Current Assets	-	0.00	2.97	56	130	73	35	120
Plant, Property, & Equipment, net	1.50	2.66	2.12	1.59	3.07	2.13	1.16	0.91
Total Noncurrent Assets	135	368	457	498	521	184	107	343
Noncurrent Note & Lease Receivables	19	187	208	224	162	-	5.13	1.28
Intangible Assets	0.26	0.25	6.43	6.90	7.21	7.01	6.81	6.50
Other Noncurrent Operating Assets	1.69	5.34	2.88	83	80	38	12	296
Other Noncurrent Nonoperating Assets	49	97	125	135	175	109	82	39
Total Liabilities & Shareholders' Equity	306	1,063	1,254	1,868	1,718	1,017	655	818
Total Liabilities	113	298	466	580	621	391	117	258
Total Current Liabilities	81	228	418	378	536	367	110	251
Short-Term Debt	0.00	164	331	244	238	133	5.63	17
Accrued Expenses	50	31	40	50	113	129	29	185
Current Deferred Revenue	-	-	-	-	-	-	12	1.61
Current Deferred & Payable Income Tax Liabilities	9.56	7.79	9.66	13	76	45	44	43
Other Current Liabilities	20	25	37	71	110	60	19	5.36
Total Noncurrent Liabilities	32	70	48	202	85	24	7.59	6.55
Long-Term Debt	27	69	43	150	76	11	0.10	0.00
Capital Lease Obligations	-	-	-	-	0.00	11	5.95	5.08
Noncurrent Deferred & Payable Income Tax Liabilities	-	0.00	1.77	51	8.08	1.55	1.51	1.47
Other Noncurrent Operating Liabilities	5.46	1.11	3.13	0.75	0.16	0.05	0.03	0.00
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	-412	765	788	1,288	1,097	627	538	560
Total Preferred & Common Equity	-415	764	786	1,288	1,097	627	538	560
Total Common Equity	-415	764	786	1,288	1,097	627	538	560
Common Stock	0.64	647	650	706	733	697	678	647
Retained Earnings	-416	102	122	608	469	1.32	-47	-4.91
Treasury Stock	-	0.00	-2.96	-8.68	-76	-81	-109	-104
Accumulated Other Comprehensive Income / (Loss)	-0.06	16	17	-18	-29	9.62	16	21

No quarterly balance sheets for Cango are available.

This table displays calculated financial ratios and metrics derived from Cango's official financial filings.

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	159.28%	-1.61%	30.15%	52.68%	94.95%	-53.34%	-16.52%	-54.02%
EBITDA Growth	0.00%	155.18%	-34.90%	16.33%	4.90%	-93.91%	-3,784.10%	97.23%	1,203.27%
EBIT Growth	0.00%	155.52%	-35.96%	15.70%	5.11%	-96.18%	-6,244.36%	95.25%	516.73%
NOPAT Growth	0.00%	183.96%	-41.91%	23.41%	14.52%	-94.26%	-3,895.43%	107.36%	244.75%
Net Income Growth	0.00%	179.84%	-16.59%	30.12%	792.60%	-100.26%	-11,916.00%	96.69%	870.00%
EPS Growth	0.00%	164.71%	-20.00%	19.44%	759.69%	-100.81%	-1,858.89%	96.25%	209.67%
Operating Cash Flow Growth	0.00%	659.55%	-70.26%	125.75%	-257.46%	33.63%	-29.63%	275.67%	-129.41%
Free Cash Flow Firm Growth	0.00%	0.00%	-572.13%	83.56%	-203.03%	139.67%	699.42%	-104.88%	-570.03%
Invested Capital Growth	0.00%	0.00%	2,063.06%	26.77%	47.71%	-9.77%	-106.14%	90.93%	6,020.16%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-
Gross Margin	60.84%	63.30%	60.60%	96.08%	94.66%	24.57%	7.59%	11.17%	21.77%
EBITDA Margin	44.75%	44.04%	29.14%	26.05%	17.90%	0.56%	-44.14%	-1.46%	35.15%
Operating Margin	42.46%	44.67%	25.35%	22.45%	15.51%	-0.59%	-47.82%	-4.33%	22.24%
EBIT Margin	44.40%	43.76%	28.48%	25.32%	17.43%	0.34%	-45.02%	-2.56%	23.21%
Profit (Net Income) Margin	30.74%	33.17%	28.12%	28.11%	164.36%	-0.22%	-56.11%	-2.23%	37.27%
Tax Burden Percent	71.57%	74.51%	77.50%	82.99%	90.12%	-69.42%	127.07%	-68.14%	99.56%
Interest Burden Percent	96.71%	101.74%	127.39%	133.79%	1,046.34%	91.80%	98.08%	-127.56%	161.30%
Effective Tax Rate	28.43%	25.49%	22.50%	17.01%	9.88%	169.42%	0.00%	168.14%	0.44%
Return on Invested Capital (ROIC)	0.00%	0.00%	18.71%	9.66%	7.99%	0.40%	-34.48%	0.00%	25.35%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	14.40%	4.48%	-89.63%	1.09%	-23.33%	0.00%	21.67%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	-9.39%	-2.18%	41.98%	-0.52%	15.79%	0.00%	-17.87%
Return on Equity (ROE)	0.00%	27.70%	9.32%	7.48%	49.97%	-0.11%	-18.69%	-0.92%	7.49%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	-96.22%	-13.95%	-30.53%	10.67%	0.00%	0.00%	-89.23%
Operating Return on Assets (OROA)	0.00%	23.06%	6.61%	4.52%	3.52%	0.12%	-9.45%	-0.73%	3.47%
Return on Assets (ROA)	0.00%	17.48%	6.53%	5.02%	33.23%	-0.07%	-11.78%	-0.64%	5.58%
Return on Common Equity (ROCE)	0.00%	-59.53%	3.40%	7.47%	49.92%	-0.11%	-18.69%	-0.92%	7.49%
Return on Equity Simple (ROE_SIMPLE)	0.00%	-12.89%	5.84%	7.39%	40.28%	-0.12%	-25.71%	-0.99%	7.34%
Net Operating Profit after Tax (NOPAT)	19	54	31	39	44	2.53	-96	7.08	24
NOPAT Margin	30.39%	33.28%	19.65%	18.63%	13.98%	0.41%	-33.48%	2.95%	22.14%
Net Nonoperating Expense Percent (NNEP)	0.00%	-0.17%	4.31%	5.19%	97.62%	-0.68%	-11.15%	-2.06%	3.68%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-12.30%	1.29%	4.19%
Cost of Revenue to Revenue	39.16%	36.70%	39.40%	3.92%	5.34%	75.43%	92.41%	88.83%	78.23%
SG&A Expenses to Revenue	7.96%	9.63%	13.84%	16.43%	12.95%	7.04%	15.13%	9.22%	31.10%
R&D to Revenue	1.15%	1.85%	4.28%	3.99%	3.05%	1.79%	2.32%	1.77%	0.68%
Operating Expenses to Revenue	18.38%	18.63%	35.24%	73.63%	79.15%	25.17%	55.42%	15.50%	-0.47%
Earnings before Interest and Taxes (EBIT)	28	71	45	52	55	2.10	-129	-6.14	26
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	28	71	46	54	56	3.44	-127	-3.51	39
Valuation Ratios	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.03	0.46	0.23	0.13	0.29	0.26	0.86
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.04	0.48	0.23	0.14	0.31	0.26	0.87
Price to Revenue (P/Rev)	2.93	1.13	0.17	1.76	0.92	0.23	0.64	0.57	4.35
Price to Earnings (P/E)	9.88	3.49	0.59	6.49	0.56	0.00	0.00	0.00	11.67
Dividend Yield	0.00%	0.00%	0.00%	10.39%	12.95%	129.96%	229.36%	0.00%	0.00%
Earnings Yield	10.12%	28.65%	168.12%	15.41%	177.78%	0.00%	0.00%	0.00%	8.57%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	0.33	0.00	0.00	0.00	0.00	0.79
Enterprise Value to Revenue (EV/Rev)	0.00	3.90	0.00	0.72	0.00	0.00	0.00	0.00	1.40
Enterprise Value to EBITDA (EV/EBITDA)	0.00	8.85	0.00	2.76	0.00	0.00	0.00	0.00	3.99
Enterprise Value to EBIT (EV/EBIT)	0.00	8.91	0.00	2.84	0.00	0.00	0.00	0.00	6.04
Enterprise Value to NOPAT (EV/NOPAT)	0.00	11.71	0.00	3.86	0.00	0.00	0.00	0.00	6.33
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	6.96	0.00	2.45	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	8.78	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.14	0.30	0.47	0.31	0.29	0.25	0.02	0.04
Long-Term Debt to Equity	0.00	0.14	0.09	0.05	0.12	0.07	0.04	0.01	0.01
Financial Leverage	0.00	-1.09	-0.65	-0.49	-0.47	-0.47	-0.68	-1.03	-0.82
Leverage Ratio	0.00	1.58	1.43	1.49	1.50	1.50	1.59	1.44	1.34
Compound Leverage Factor	0.00	1.61	1.82	2.00	15.73	1.38	1.56	-1.83	2.16
Debt to Total Capital	0.00%	12.20%	23.34%	32.17%	23.43%	22.28%	19.80%	2.13%	3.80%
Short-Term Debt to Total Capital	0.00%	0.00%	16.44%	28.45%	14.49%	16.87%	16.97%	1.03%	2.93%
Long-Term Debt to Total Capital	0.00%	12.20%	6.90%	3.73%	8.94%	5.41%	2.83%	1.10%	0.87%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	276.49%	0.05%	0.17%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	0.00%	-188.68%	76.61%	67.66%	76.57%	77.72%	80.20%	97.87%	96.20%
Debt to EBITDA	0.00	0.38	5.03	6.94	6.98	91.42	-1.22	-3.33	0.57
Net Debt to EBITDA	0.00	-2.28	-6.83	-4.04	-8.76	-95.38	1.61	130.65	-8.38
Long-Term Debt to EBITDA	0.00	0.38	1.49	0.80	2.66	22.19	-0.17	-1.72	0.13
Debt to NOPAT	0.00	0.50	7.46	9.71	8.93	124.18	-1.61	1.65	0.91
Net Debt to NOPAT	0.00	-3.02	-10.12	-5.64	-11.21	-129.55	2.12	-64.81	-13.31
Long-Term Debt to NOPAT	0.00	0.50	2.20	1.12	3.41	30.14	-0.23	0.85	0.21
Altman Z-Score	0.00	0.71	1.00	1.27	1.66	1.34	0.65	1.74	1.67
Noncontrolling Interest Sharing Ratio	0.00%	314.89%	63.59%	0.16%	0.10%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-
Current Ratio	0.00	2.11	3.04	1.90	3.62	2.23	2.16	4.99	1.88
Quick Ratio	0.00	1.81	2.81	1.52	3.24	1.68	1.05	2.51	1.40
Cash Flow Metrics	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	72	-338	-56	-169	67	534	-26	-175
Operating Cash Flow to CapEx	3,890.33%	6,308.44%	1,284.18%	983.08%	-11,665.30%	-2,142.94%	-12,611.70%	93,980.45%	-53,266.53%
Free Cash Flow to Firm to Interest Expense	0.00	35.94	-122.25	-28.78	-397.16	29.42	219.26	-45.16	-1,934.50
Operating Cash Flow to Interest Expense	184.63	45.35	9.72	31.42	-225.33	-27.93	-33.75	250.26	-470.56
Operating Cash Flow Less CapEx to Interest Expense	179.89	44.63	8.96	28.23	-227.27	-29.23	-34.02	250.00	-471.45
Efficiency Ratios	-	-	-	-	-	-	-	-	-
Asset Turnover	0.00	0.53	0.23	0.18	0.20	0.34	0.21	0.29	0.15
Accounts Receivable Turnover	0.00	12.12	1.68	0.94	2.23	21.65	7.79	10.03	17.96
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	107.90	76.41	86.56	170.55	264.51	110.50	145.71	106.52
Accounts Payable Turnover	0.00	69.90	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Sales Outstanding (DSO)	0.00	30.13	217.68	386.50	163.90	16.86	46.88	36.40	20.33
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	5.22	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	0.00	24.91	217.68	386.50	163.90	16.86	46.88	36.40	20.33
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-
Invested Capital	0.00	-18	352	446	658	594	-36	-3.31	196
Invested Capital Turnover	0.00	-18.03	0.95	0.52	0.57	0.98	1.03	-12.06	1.15
Increase / (Decrease) in Invested Capital	0.00	-18	369	94	213	-64	-630	33	199
Enterprise Value (EV)	0.00	629	-289	149	-203	-184	-21	-321	155
Market Capitalization	183	183	26	364	292	144	183	137	479
Book Value per Share	$0.00	($3.27)	$2.74	$2.60	$4.27	$3.66	$2.24	$1.99	$2.57
Tangible Book Value per Share	$0.00	($3.27)	$2.66	$2.51	$4.17	$3.56	$2.14	$1.97	$2.54
Total Capital	0.00	220	998	1,162	1,682	1,411	781	549	582
Total Debt	0.00	27	233	374	394	314	155	12	22
Total Long-Term Debt	0.00	27	69	43	150	76	22	6.05	5.08
Net Debt	0.00	-162	-316	-217	-495	-328	-204	-459	-325
Capital Expenditures (CapEx)	0.31	1.43	2.09	6.18	0.82	2.96	0.65	0.15	0.08
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	-45	122	196	346	253	200	-27	-107
Debt-free Net Working Capital (DFNWC)	0.00	89	628	709	1,234	896	559	443	239
Net Working Capital (NWC)	0.00	89	464	378	991	658	426	438	222
Net Nonoperating Expense (NNE)	-0.21	0.18	-13	-20	-475	3.87	65	12	-17
Net Nonoperating Obligations (NNO)	0.00	-211	-413	-343	-630	-503	-663	-541	-364
Total Depreciation and Amortization (D&A)	0.22	0.46	1.05	1.50	1.47	1.34	2.54	2.63	13
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	-27.92%	76.85%	94.73%	109.50%	41.13%	69.72%	-11.38%	-97.43%
Debt-free Net Working Capital to Revenue	0.00%	55.31%	395.49%	342.68%	391.07%	145.55%	194.60%	184.87%	217.25%
Net Working Capital to Revenue	0.00%	55.31%	292.21%	182.74%	313.86%	106.85%	148.42%	182.52%	201.77%
Earnings Adjustments	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$0.16	$0.19	$1.72	($0.03)	($0.59)	($0.06)	$0.08
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	279.16M	302.42M	300.48M	289.89M	274.08M	243.05M	208.20M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$0.16	$0.19	$1.70	($0.03)	($0.59)	($0.06)	$0.07
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	280.87M	303.28M	303.90M	289.89M	274.08M	243.05M	233.03M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	302.81M	301.95M	299.75M	279.49M	269.58M	217.84M	207.57M
Normalized Net Operating Profit after Tax (NOPAT)	19	54	31	39	44	-2.55	-96	7.39	24
Normalized NOPAT Margin	30.39%	33.28%	19.65%	18.63%	13.98%	-0.42%	-33.48%	3.08%	22.14%
Pre Tax Income Margin	42.94%	44.52%	36.28%	33.87%	182.38%	0.31%	-44.16%	3.27%	37.43%
Debt Service Ratios	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	428.82	35.44	16.35	27.09	129.68	0.93	-53.04	-10.63	283.20
NOPAT to Interest Expense	293.50	26.95	11.28	19.94	103.98	1.11	-39.44	12.26	270.18
EBIT Less CapEx to Interest Expense	424.07	34.72	15.60	23.90	127.75	-0.38	-53.31	-10.89	282.32
NOPAT Less CapEx to Interest Expense	288.76	26.23	10.52	16.74	102.05	-0.19	-39.71	11.99	269.30
Payout Ratios	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	1.67%	0.00%	10.28%	63.51%	8.64%	-11,182.10%	-168.38%	0.00%	0.00%
Augmented Payout Ratio	1.67%	0.00%	10.28%	68.60%	10.10%	-16,383.21%	-177.90%	-651.86%	30.32%

No quarterly metrics and ratios for Cango are available.

Frequently Asked Questions About Cango's Financials

When does Cango's fiscal year end?

According to the most recent income statement we have on file, Cango's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Cango's net income changed over the last 8 years?

Cango's net income appears to be on a downward trend, with a most recent value of $41.07 million in 2024, rising from $19.14 million in 2016. The previous period was -$5.33 million in 2023.

What is Cango's operating income?

Cango's total operating income in 2024 was $24.51 million, based on the following breakdown:

Total Gross Profit: $23.99 million
Total Operating Expenses: -$518.52 thousand

How has Cango revenue changed over the last 8 years?

Over the last 8 years, Cango's total revenue changed from $62.27 million in 2016 to $110.21 million in 2024, a change of 77.0%.

How much debt does Cango have?

Cango's total liabilities were at $257.93 million at the end of 2024, a 120.2% increase from 2023, and a 128.1% increase since 2017.

How much cash does Cango have?

In the past 7 years, Cango's cash and equivalents has ranged from $54.94 million in 2022 to $423.98 million in 2018, and is currently $176.68 million as of their latest financial filing in 2024.

How has Cango's book value per share changed over the last 8 years?

Over the last 8 years, Cango's book value per share changed from 0.00 in 2016 to 2.57 in 2024, a change of 257.0%.

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This page (NYSE:CANG) was last updated on 4/16/2025 by MarketBeat.com Staff

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Cango (CANG) Financials

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Cango (CANG) Financials

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