Cango Inc.(CANG)Earnings, Financials & Key Ratios
CANG•NYSE
$0.48
$223M mkt cap·5.1× P/E·Price updated May 6, 2026
AboutCango Inc. operates an automotive transaction service platform that connects dealers, original equipment manufacturer, financial institutions, car buyers, and other industry participants in the People's Republic of China. The company offers automobile trading solutions, including car sourcing, logistics, and warehousing support for dealers; and facilitation of car purchases for car buyers. It also facilitates automotive financing services that include facilitating financing transactions from financial institutions to car buyers; and after-market services to car buyers, which includes facilitating the sale of insurance policies from insurance brokers or companies. The company was founded in 2010 and is headquartered in Shanghai, the People's Republic of China.Show more
- Revenue$804M-52.7%
- EBITDA$186M+436.7%
- Net Income$300M+891.6%
- EPS (Diluted)0.65+960.0%
- Gross Margin55.31%+395.3%
- EBITDA Margin23.07%+812.4%
- Operating Margin22.24%+613.2%
- Net Margin37.27%+1774.7%
- ROE7.59%+915.2%
- ROIC4.58%+427.6%
- Debt/Equity0.04+74.9%
- Interest Coverage271.37+1608.5%
CANG Key Insights
Cango Inc. (CANG) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Company is almost debt free
- ✓Share count reduced 4.1% through buybacks
- ✓Healthy 5Y average net margin of 28.6%
- ✓Trading at only 0.4x book value
✗Weaknesses
- ✗Negative free cash flow
- ✗Weak momentum: RS Rating 3 (bottom 3%)
- ✗Sales declining 11.0% over 5 years
- ✗Trading more than 30% below 52-week high
- ✗Low asset turnover indicates capital-intensive operations
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
CANG Price & Volume
Cango Inc. (CANG) stock price & volume — 10-year historical chart
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CANG Growth Metrics
Cango Inc. (CANG) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-10.99%
3 Years-41.02%
TTM1197.25%
Profit CAGR
10 Years-
5 Years-5.17%
3 Years-
TTM-227.24%
EPS CAGR
10 Years-
5 Years0%
3 Years-
TTM67.21%
Return on Capital
10 Years11.05%
5 Years-1.85%
3 Years-4.35%
Last Year4.47%
CANG Recent Earnings
Cango Inc. (CANG) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 2/12 qtrs (25%)●Beat Revenue 2/12 qtrs (25%)
Q2 2026Latest
Mar 16, 2026EPS
$1.60
Est $0.27
-492.6%
Revenue
$177M
Est $179M
-1.4%
Q4 2025
Dec 1, 2025EPS
$0.19
Est $0.20
+195.0%
Revenue
$225M
Est $1.2B
-81.9%
Q4 2025
Sep 4, 2025EPS
$0.02
Est $0.08
+75.0%
Revenue
$19M
Est $988M
-98.0%
Q2 2025
May 14, 2025EPS
$0.25
Est $7.06
-103.5%
Revenue
$145M
Est $1.9B
-92.6%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 16, 2026 | $1.60vs $0.27-492.6% | $177Mvs $179M-1.4% |
| Q4 2025 | Dec 1, 2025 | $0.19vs $0.20+195.0% | $225Mvs $1.2B-81.9% |
| Q4 2025 | Sep 4, 2025 | $0.02vs $0.08+75.0% | $19Mvs $988M-98.0% |
| Q2 2025 | May 14, 2025 | $0.25vs $7.06-103.5% | $145Mvs $1.9B-92.6% |
Based on last 12 quarters of dataView full earnings history →
CANG Peer Comparison
Cango Inc. (CANG) competitors in Specialty Vehicle Dealers and Finance — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 AUTL | 418.46M | 1.64 | -1.89 | 496% | -439.68% | -84.69% | 0.12 | |
 CAAS | 134.26M | 4.45 | 3.13 | 17.64% | 4.21% | 7.38% | 53.1% | 0.46 |
 UXIN | 20.91M | 2.87 | -0.54 | 45.02% | -12.4% | |||
 CPNG | 37.51B | 20.76 | 188.73 | 14.09% | -0.58% | -3.67% | 1.39% | 1.00 |
 LPSN | 26.17M | 2.54 | -0.21 | -22% | -27.58% | |||
 TREE | 562.82M | 40.62 | 3.77 | 24.12% | 13.54% | 85.96% | 10.78% | 1.52 |
 OPEN | 4.99B | 5.23 | -3.08 | -15.18% | -29.74% | -129.35% | 20.79% | 0.19 |
 CARS | 654.38M | 11.16 | 34.88 | 0.57% | 2.77% | 4.24% | 22.52% |
Compare CANG vs Peers
Cango Inc. (CANG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
CANG Income Statement
Cango Inc. (CANG) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 434.28M | 1.05B | 1.09B | 1.44B | 2.05B | 3.92B | 1.98B | 1.7B | 804.49M | 3.46B |
| Revenue Growth % | - | 142.29% | 3.73% | 31.95% | 42.52% | 91.08% | -49.5% | -14.06% | -52.73% | 1197.25% |
| Cost of Goods Sold | 170.04M | 386.05M | 434.35M | 539.27M | 1.1B | 2.96B | 1.83B | 1.51B | 359.51M | 2.99B |
| COGS % of Revenue | 39.16% | 36.69% | 39.8% | 37.45% | 53.5% | 75.43% | 92.41% | 88.83% | 44.69% | - |
| Gross Profit | 264.24M▲ 0% | 666.15M▲ 152.1% | 657.06M▼ 1.4% | 900.8M▲ 37.1% | 954.31M▲ 5.9% | 963.71M▲ 1.0% | 150.36M▼ 84.4% | 190.06M▲ 26.4% | 444.97M▲ 134.1% | 470.34M▲ 0% |
| Gross Margin % | 60.84% | 63.31% | 60.2% | 62.55% | 46.5% | 24.57% | 7.59% | 11.17% | 55.31% | 13.59% |
| Gross Profit Growth % | - | 152.1% | -1.36% | 37.1% | 5.94% | 0.98% | -84.4% | 26.4% | 134.13% | - |
| Operating Expenses | 79.83M | 180.69M | 380.34M | 577.51M | 636.01M | 986.96M | 1.1B | 263.81M | 266.08M | -9.58B |
| OpEx % of Revenue | 18.38% | 17.17% | 34.85% | 40.1% | 30.99% | 25.17% | 55.42% | 15.5% | 33.07% | - |
| Selling, General & Admin | 74.83M | 215.42M | 318.32M | 463.62M | 463.85M | 713.26M | 432.32M | 195.89M | 263.26M | 838.36M |
| SG&A % of Revenue | 17.23% | 20.47% | 29.17% | 32.19% | 22.6% | 18.19% | 21.83% | 11.51% | 32.72% | - |
| Research & Development | 5M | 19.42M | 46.71M | 57.41M | 62.6M | 70.28M | 45.96M | 30.11M | 5.47M | 1.6M |
| R&D % of Revenue | 1.15% | 1.85% | 4.28% | 3.99% | 3.05% | 1.79% | 2.32% | 1.77% | 0.68% | - |
| Other Operating Expenses | 0 | 379.27K | 32.7M | 56.48M | 109.56M | 203.42M | 619.22M | 37.8M | -2.65M | 0 |
| Operating Income | 184.41M▲ 0% | 470.02M▲ 154.9% | 276.72M▼ 41.1% | 485.67M▲ 75.5% | 318.3M▼ 34.5% | -23.25M▼ 107.3% | -947.14M▼ 3973.8% | -73.75M▲ 92.2% | 178.89M▲ 342.6% | 252.26M▲ 0% |
| Operating Margin % | 42.46% | 44.67% | 25.35% | 33.73% | 15.51% | -0.59% | -47.82% | -4.33% | 22.24% | 7.29% |
| Operating Income Growth % | - | 154.88% | -41.13% | 75.51% | -34.46% | -107.3% | -3973.8% | 92.21% | 342.56% | - |
| EBITDA | 185.91M | 472.99M | 283.91M | 496.14M | 327.45M | -14.73M | -941.66M | -55.11M | 185.56M | 332.79M |
| EBITDA Margin % | 42.81% | 44.95% | 26.01% | 34.45% | 15.95% | -0.38% | -47.55% | -3.24% | 23.07% | 9.62% |
| EBITDA Growth % | - | 154.42% | -39.98% | 74.75% | -34% | -104.5% | -6290.79% | 94.15% | 436.74% | 148.04% |
| D&A (Non-Cash Add-back) | 1.5M | 2.97M | 7.19M | 10.47M | 9.15M | 8.51M | 5.48M | 18.64M | 6.67M | 80.53M |
| EBIT | 186.95M | 481.45M | 415.02M | 501.28M | 320.57M | 26.79M | -647.28M | 59.68M | 176.24M | -46.51M |
| Net Interest Income | 3.65M | 3.17M | 42.45M | 38.12M | 32.14M | 11.89M | 26.92M | 75.07M | 105.66M | 13.55M |
| Interest Income | 4.1M | 16.16M | 61.47M | 51.57M | 34.9M | 26.37M | 43.73M | 79.16M | 106.32M | 38.44M |
| Interest Expense | 449.69K | 12.99M | 19.01M | 13.46M | 2.76M | 14.48M | 16.81M | 4.1M | 659.22K | 24.89M |
| Other Income/Expense | 2.09M | -1.56M | 119.29M | 2.15M | 3.42B | 35.56M | 72.63M | 129.33M | 122.24M | -303.32M |
| Pretax Income | 186.5M▲ 0% | 468.46M▲ 151.2% | 396.01M▼ 15.5% | 487.82M▲ 23.2% | 3.74B▲ 667.3% | 12.31M▼ 99.7% | -874.51M▼ 7205.1% | 55.58M▲ 106.4% | 301.14M▲ 441.8% | -51.06M▲ 0% |
| Pretax Margin % | 42.94% | 44.52% | 36.28% | 33.87% | 182.38% | 0.31% | -44.16% | 3.27% | 37.43% | -1.48% |
| Income Tax | 53.01M | 119.4M | 89.08M | 82.96M | 369.85M | 20.85M | 236.7M | 93.46M | 1.32M | 3.37M |
| Effective Tax Rate % | 28.43% | 25.49% | 22.5% | 17.01% | 9.88% | 169.42% | -27.07% | 168.14% | 0.44% | -6.61% |
| Net Income | 128.91M▲ 0% | 341.01M▲ 164.5% | 302.69M▼ 11.2% | 390.91M▲ 29.1% | 3.37B▲ 762.0% | -8.54M▼ 100.3% | -1.11B▼ 12905.2% | -37.87M▲ 96.6% | 299.82M▲ 891.6% | -178.32M▲ 0% |
| Net Margin % | 29.68% | 32.41% | 27.73% | 27.15% | 164.17% | -0.22% | -56.11% | -2.23% | 37.27% | -5.15% |
| Net Income Growth % | - | 164.54% | -11.24% | 29.15% | 761.96% | -100.25% | -12905.17% | 96.59% | 891.63% | -227.24% |
| Net Income (Continuing) | 133.48M | 349.06M | 306.92M | 404.86M | 3.37B | -8.54M | -1.11B | -37.87M | 299.82M | -1.18B |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 15.29M | 25.79M | 3.59M | 13.81M | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.26▲ 0% | 0.68▲ 164.7% | 0.54▼ 20.0% | 0.65▲ 19.4% | 5.55▲ 759.7% | -0.01▼ 100.3% | -2.03▼ 13675.5% | -0.08▲ 96.3% | 0.65▲ 960.0% | -0.46▲ 0% |
| EPS Growth % | - | 164.71% | -20% | 19.44% | 759.69% | -100.27% | -13675.51% | 96.3% | 960% | 67.21% |
| EPS (Basic) | 0.26 | 0.68 | 0.54 | 0.65 | 5.61 | -0.01 | -2.03 | -0.08 | 0.72 | - |
| Diluted Shares Outstanding | 505.66M | 505.66M | 561.75M | 606.57M | 607.8M | 579.79M | 548.17M | 486.1M | 466.07M | 383.94M |
| Basic Shares Outstanding | 505.66M | 505.66M | 561.75M | 606.07M | 607.8M | 579.79M | 548.17M | 486.1M | 464.83M | 354.49M |
| Dividend Payout Ratio | - | - | 8.94% | 56.1% | 7.93% | - | - | - | - | - |
CANG Balance Sheet
Cango Inc. (CANG) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 302.05M | 1.11B | 4.75B | 5.54B | 8.9B | 7.61B | 5.47B | 3.88B | 3.46B | 2.06B |
| Cash & Short-Term Investments | 150.99M | 865.65M | 3.18B | 2.6B | 5.77B | 4.03B | 2.32B | 1.66B | 2.52B | 319.64M |
| Cash Only | 44.99M | 803.27M | 2.91B | 2B | 1.43B | 1.43B | 378.92M | 1.02B | 1.29B | 319.64M |
| Short-Term Investments | 106M | 62.38M | 265.87M | 597.27M | 4.34B | 2.6B | 1.94B | 635.07M | 1.23B | 0 |
| Accounts Receivable | 139.03M | 86.58M | 1.22B | 1.86B | 2.55B | 2.47B | 1.57B | 465.4M | 107.14M | 20.67M |
| Days Sales Outstanding | 116.85 | 30.04 | 406.61 | 471.18 | 452.87 | 230.19 | 289.65 | 99.81 | 48.61 | 122.7 |
| Inventory | 8.5M | 72.24M | 298.9M | 970.99M | 9.69M | 61.29M | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | 18.25 | 68.3 | 251.18 | 657.21 | 3.22 | 7.56 | - | - | - | - |
| Other Current Assets | 9.62M | 148.2M | 339.07M | 103.43M | 559.25M | 268.89M | 1.57B | 1.76B | 593.27M | 1.72B |
| Total Non-Current Assets | 412.8M | 888.62M | 2.55B | 3.2B | 3.25B | 3.34B | 1.55B | 764.59M | 2.51B | 7.46B |
| Property, Plant & Equipment | 3.89M | 9.75M | 18.29M | 14.74M | 10.31M | 19.55M | 95.42M | 55.39M | 1.82B | 2.76B |
| Fixed Asset Turnover | 111.69x | 107.90x | 59.69x | 97.72x | 199.03x | 200.64x | 20.76x | 30.72x | 0.44x | 1.57x |
| Goodwill | 0 | 0 | 145.06M | 145.06M | 145.06M | 148.66M | 148.66M | 0 | 0 | 0 |
| Intangible Assets | 1.23M | 1.7M | 1.69M | 44.76M | 44.89M | 45.93M | 48.32M | 48.37M | 47.43M | 2.12M |
| Long-Term Investments | 256.6M | 356.66M | 293.55M | 547.89M | 0 | 1.52B | 0 | 0 | 0 | 400M |
| Other Non-Current Assets | 96.2M | 452.73M | 1.99B | 2.34B | 2.88B | 1.13B | 1.19B | 660.82M | 644.05M | 5.87B |
| Total Assets | 714.86M▲ 0% | 2B▲ 179.3% | 7.3B▲ 265.6% | 8.74B▲ 19.7% | 12.15B▲ 39.0% | 10.95B▼ 9.9% | 7.02B▼ 35.9% | 4.65B▼ 33.7% | 5.97B▲ 28.4% | 9.52B▲ 0% |
| Asset Turnover | 0.61x | 0.53x | 0.15x | 0.16x | 0.17x | 0.36x | 0.28x | 0.37x | 0.13x | 0.45x |
| Asset Growth % | - | 179.34% | 265.63% | 19.66% | 39.02% | -9.87% | -35.91% | -33.75% | 28.41% | 269% |
| Total Current Liabilities | 286.87M | 526.3M | 1.57B | 2.91B | 2.46B | 3.42B | 2.53B | 777.74M | 1.83B | 1.72B |
| Accounts Payable | 4.95M | 9.36M | 16.82M | 8.23M | 5.09M | 4M | 25.04M | 23.8M | 2.15M | 0 |
| Days Payables Outstanding | 10.64 | 8.85 | 14.14 | 5.57 | 1.69 | 0.49 | 5 | 5.74 | 2.19 | 0.07 |
| Short-Term Debt | 0 | 0 | 1.13B | 2.3B | 1.58B | 1.52B | 914.44M | 40M | 124.58M | 494.27K |
| Deferred Revenue (Current) | 1.1M | 102.89M | 40.02M | 67.1M | 136.89M | 403.67M | 568.27M | 0 | 31.6M | 39.58M |
| Other Current Liabilities | 253.85M | 148.95M | 366.25M | 472.67M | 631.93M | 1.22B | 828.59M | 682.09M | 1.3B | 503.32M |
| Current Ratio | 1.05x | 2.11x | 3.04x | 1.90x | 3.62x | 2.23x | 2.16x | 4.99x | 1.88x | 1.88x |
| Quick Ratio | 1.02x | 1.97x | 2.85x | 1.57x | 3.62x | 2.21x | 2.16x | 4.99x | 1.88x | 1.88x |
| Cash Conversion Cycle | 124.47 | 89.49 | 643.65 | 1.12K | 454.4 | 237.26 | - | - | - | 122.64 |
| Total Non-Current Liabilities | 4.16B | 4.15B | 480.39M | 335.79M | 1.31B | 538.83M | 163.44M | 53.89M | 47.79M | 2.9B |
| Long-Term Debt | 189.57M | 175M | 472.79M | 301.67M | 977.79M | 486.37M | 75.87M | 712.02K | 0 | 2.88B |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 76.53M | 42.23M | 37.04M | 86.02M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 12.33M | 330.77M | 51.47M | 10.72M | 10.72M | 0 | 10.72M |
| Other Non-Current Liabilities | 3.97B | 3.98B | 7.6M | 21.8M | 4.87M | 991.61K | 314.29K | 226.03K | 10.74M | 10.76M |
| Total Liabilities | 4.45B | 4.68B | 2.05B | 3.24B | 3.77B | 3.96B | 2.69B | 831.63M | 1.88B | 4.62B |
| Total Debt | 189.57M | 175M | 1.6B | 2.6B | 2.56B | 2B | 1.08B | 90.54M | 169.54M | 2.9B |
| Net Debt | 144.58M | -628.27M | -1.31B | 602.52M | 1.14B | 569.36M | 697.84M | -930.06M | -1.12B | 2.58B |
| Debt / Equity | - | - | 0.30x | 0.47x | 0.31x | 0.29x | 0.25x | 0.02x | 0.04x | 0.04x |
| Debt / EBITDA | 1.02x | 0.37x | 5.64x | 5.25x | 7.83x | - | - | - | 0.91x | 8.72x |
| Net Debt / EBITDA | 0.78x | -1.33x | -4.62x | 1.21x | 3.47x | - | - | - | -6.04x | -6.04x |
| Interest Coverage | 410.07x | 36.17x | 14.56x | 36.09x | 115.38x | -1.61x | -56.35x | -17.99x | 271.37x | -1.87x |
| Total Equity | -3.73B▲ 0% | -2.68B▲ 28.1% | 5.26B▲ 296.0% | 5.49B▲ 4.5% | 8.38B▲ 52.5% | 6.99B▼ 16.5% | 4.32B▼ 38.2% | 3.82B▼ 11.7% | 4.09B▲ 7.1% | 4.9B▲ 0% |
| Equity Growth % | - | 28.12% | 295.96% | 4.5% | 52.51% | -16.53% | -38.18% | -11.68% | 7.06% | 49.98% |
| Book Value per Share | -7.38 | -5.30 | 9.36 | 9.05 | 13.78 | 12.06 | 7.88 | 7.85 | 8.77 | 12.77 |
| Total Shareholders' Equity | -3.75B | -2.71B | 5.25B | 5.48B | 8.38B | 6.99B | 4.32B | 3.82B | 4.09B | 4.9B |
| Common Stock | 83.14K | 83.14K | 204.26K | 204.26K | 204.26K | 204.26K | 204.26K | 204.26K | 199.09K | 314.47K |
| Retained Earnings | -3.75B | -2.71B | 698.04M | 852.51M | 3.96B | 2.99B | 9.11M | -335.63M | -35.81M | -2.45B |
| Treasury Stock | 0 | 0 | 0 | -20.64M | -56.42M | -485.26M | -559.01M | -773.13M | -756.52M | -783.17M |
| Accumulated OCI | 0 | -398.7K | 109.45M | 119.43M | -115.39M | -187.52M | 66.36M | 111.85M | 152.88M | 0 |
| Minority Interest | 15.29M | 25.79M | 3.59M | 13.81M | 0 | 0 | 0 | 0 | 0 | 0 |
CANG Cash Flow Statement
Cango Inc. (CANG) cash flow — operating, investing & free cash flow history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 83.03M | 589.3M | 184.79M | 422.9M | -621.61M | -404.39M | -567.39M | 1.03B | -310.2M | -310.2M |
| Operating CF Margin % | 19.12% | 56.01% | 16.93% | 29.37% | -30.29% | -10.31% | -28.65% | 60.29% | -38.56% | - |
| Operating CF Growth % | - | 609.78% | -68.64% | 128.86% | -246.99% | 34.94% | -40.31% | 280.83% | -130.23% | 0% |
| Net Income | 128.91M | 341.01M | 302.69M | 390.91M | 3.37B | -8.54M | -1.11B | -37.87M | 299.81M | -178.32M |
| Depreciation & Amortization | 1.5M | 2.97M | 7.19M | 10.47M | 9.54M | 8.51M | 17.49M | 18.64M | 96.08M | 0 |
| Stock-Based Compensation | 4.1M | 0 | 33.41M | 82.27M | 78.75M | 87.63M | 158.52M | 38.49M | 17.11M | 30.36M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 21.18M | -21.83M | -54.47M | 20.67M | -2.95B | -150.4M | 1B | -85.09M | -1.01B | 1.97B |
| Working Capital Changes | -72.67M | 267.15M | -104.04M | -81.42M | -1.13B | -341.6M | -633.54M | 1.09B | 286.96M | 0 |
| Change in Receivables | 526.48K | -85.13M | -918.62K | -32.98M | -606.68M | -757.44M | 608.26M | 668.84M | 453.57M | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | -272.04M | -162.91M | -1.64B | -1.2B | -493.56M | 2.66B | 1.96B | 2.12B | -1.25B | 0 |
| Capital Expenditures | -2.58M | -9.59M | -14.39M | -43.03M | -5.36M | -18.92M | -4.62M | -1.78M | 0 | 0 |
| CapEx % of Revenue | 0.59% | 0.91% | 1.32% | 2.99% | 0.26% | 0.48% | 0.23% | 0.1% | 115.45% | - |
| Acquisitions | 0 | -141.5M | -108.36M | 0 | 0 | 1.71M | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -269.46M | -11.82M | -1.52B | -1.16B | -488.2M | 2.68B | 1.96B | 2.13B | -1.25B | 0 |
| Cash from Financing | 187.15M | 685.69M | 4.09B | 730.55M | -380.82M | -1.95B | -2.99B | -1.19B | -127.38M | 0 |
| Debt Issued (Net) | 189.37M | -14.57M | 543.19M | 1.01B | -46.47M | -554.83M | -1.02B | -949.6M | -39.07M | 0 |
| Equity Issued (Net) | 0 | 0 | 0 | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | 0 |
| Dividends Paid | 0 | 0 | -27.06M | -257.11M | -267.21M | -955.44M | -1.87B | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | -20.64M | -49.22M | -444.4M | -105.84M | -246.88M | -90.91M | 0 |
| Other Financing | -2.22M | 700.26M | 3.58B | -574.21K | -17.92M | 8.24M | 7.04M | 2.71M | 2.6M | 0 |
| Net Change in Cash | 46M▲ 0% | 1.09B▲ 2262.3% | 2.75B▲ 152.9% | -33.45M▼ 101.2% | -1.53B▼ 4480.8% | 295.39M▲ 119.3% | -1.33B▼ 549.5% | 2.01B▲ 251.1% | -1.7B▼ 184.8% | 0▲ 0% |
| Free Cash Flow | 80.45M▲ 0% | 579.72M▲ 620.6% | 170.4M▼ 70.6% | 379.87M▲ 122.9% | -626.97M▼ 265.0% | -423.31M▲ 32.5% | -572.01M▼ 35.1% | 1.02B▲ 279.1% | -1.24B▼ 221.0% | 0▲ 0% |
| FCF Margin % | 18.52% | 55.1% | 15.61% | 26.38% | -30.55% | -10.79% | -28.88% | 60.18% | -154.01% | - |
| FCF Growth % | - | 620.59% | -70.61% | 122.93% | -265.05% | 32.48% | -35.13% | 279.06% | -220.97% | - |
| FCF per Share | 0.16 | 1.15 | 0.30 | 0.63 | -1.03 | -0.73 | -1.04 | 2.11 | -2.66 | -2.66 |
| FCF Conversion (FCF/Net Income) | 0.64x | 1.73x | 0.61x | 1.08x | -0.18x | 47.33x | 0.51x | -27.09x | -1.03x | -0.00x |
| Interest Paid | 202.99K | 13.24M | 3.78M | 154.59M | 139.95M | 134.17M | 83.13M | 17.12M | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 101.88M | 209.04M | 33.82M | 7.84M | 2.65M | 0 |
CANG Key Ratios
Cango Inc. (CANG) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | - | 23.52% | 7.27% | 48.6% | -0.11% | -19.65% | -0.93% | 7.59% | -4.06% |
| Return on Invested Capital (ROIC) | - | 65.64% | 7.26% | 3.06% | -0.2% | -11.29% | -1.4% | 4.58% | 4.58% |
| Gross Margin | 63.31% | 60.2% | 62.55% | 46.5% | 24.57% | 7.59% | 11.17% | 55.31% | 13.59% |
| Net Margin | 32.41% | 27.73% | 27.15% | 164.17% | -0.22% | -56.11% | -2.23% | 37.27% | -5.15% |
| Debt / Equity | - | 0.30x | 0.47x | 0.31x | 0.29x | 0.25x | 0.02x | 0.04x | 0.04x |
| Interest Coverage | 36.17x | 14.56x | 36.09x | 115.38x | -1.61x | -56.35x | -17.99x | 271.37x | -1.87x |
| FCF Conversion | 1.73x | 0.61x | 1.08x | -0.18x | 47.33x | 0.51x | -27.09x | -1.03x | -0.00x |
| Revenue Growth | 142.29% | 3.73% | 31.95% | 42.52% | 91.08% | -49.5% | -14.06% | -52.73% | 1197.25% |
CANG Frequently Asked Questions
Cango Inc. (CANG) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Cango Inc. (CANG) reported $3.46B in revenue for fiscal year 2024. This represents a 697% increase from $434.3M in 2016.
Cango Inc. (CANG) saw revenue decline by 52.7% over the past year.
Cango Inc. (CANG) reported a net loss of $178.3M for fiscal year 2024.
Dividend & Returns
Cango Inc. (CANG) has a return on equity (ROE) of 7.6%. This is below average, suggesting room for improvement.
Cango Inc. (CANG) had negative free cash flow of $1.24B in fiscal year 2024, likely due to heavy capital investments.
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