Cango Financial Statements From 2010 to 2025

CANG Stock  USD 4.66  0.40  9.39%   
Cango financial statements provide useful quarterly and yearly information to potential Cango Inc investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Cango financial statements helps investors assess Cango's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Cango's valuation are summarized below:
Gross Profit
445 M
Profit Margin
0.3727
Market Capitalization
444.6 M
Enterprise Value Revenue
0.6269
Revenue
804.5 M
There are over one hundred nineteen available fundamental signals for Cango Inc, which can be analyzed over time and compared to other ratios. Active traders should verify all of Cango Inc prevailing fundamental drivers against the trend between 2010 and 2025 to make sure the company can sustain itself down the road. The current Market Cap is estimated to decrease to about 1.9 B. Enterprise Value is estimated to decrease to about 906.2 M

Cango Total Revenue

1.88 Billion

Check Cango financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cango's main balance sheet or income statement drivers, such as Tax Provision of 437 M, Net Interest Income of 45.5 M or Interest Income of 57.8 M, as well as many indicators such as Price To Sales Ratio of 0.56, Dividend Yield of 1.43 or PTB Ratio of 0.22. Cango financial statements analysis is a perfect complement when working with Cango Valuation or Volatility modules.
  
Check out the analysis of Cango Correlation against competitors.

Cango Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets7.4 B5.3 B4.4 B
Slightly volatile
Short and Long Term Debt Total98.9 M104.1 M801.2 M
Pretty Stable
Other Current Liabilities695.7 M442.9 M443.9 M
Slightly volatile
Total Current Liabilities849.7 M894.4 M1.1 B
Slightly volatile
Other Liabilities12.1 M12.7 M44 M
Very volatile
Property Plant And Equipment Net66.9 M63.7 M23.8 M
Slightly volatile
Current Deferred Revenue200.5 M159.1 M114 M
Slightly volatile
Accounts Payable28.7 M27.4 M11.4 M
Slightly volatile
CashB918.5 M763.5 M
Slightly volatile
Non Current Assets Total835.3 M879.3 M1.3 B
Slightly volatile
Non Currrent Assets Other1.2 B759.9 M723.2 M
Slightly volatile
Other AssetsB1.4 B1.1 B
Slightly volatile
Long Term Debt608.8 K640.8 K238.7 M
Very volatile
Cash And Short Term Investments2.8 B1.9 B1.6 B
Slightly volatile
Net Receivables508.4 M535.2 M768.6 M
Slightly volatile
Common Stock Total Equity171.4 K234.9 K143.6 K
Slightly volatile
Common Stock Shares Outstanding235.1 M279.5 M194.5 M
Slightly volatile
Short Term Investments1.5 B730.3 M835.4 M
Slightly volatile
Long Term Debt Total313.2 M346.9 M259 M
Slightly volatile
Liabilities And Stockholders Equity7.4 B5.3 B4.4 B
Slightly volatile
Non Current Liabilities Total46.1 M48.5 M2.3 B
Slightly volatile
Capital Surpluse5.5 B5.2 B2.4 B
Slightly volatile
InventoryB1.9 B550.8 M
Slightly volatile
Other Current Assets2.1 BB594.7 M
Slightly volatile
Other Stockholder Equity3.6 B4.6 B2.1 B
Slightly volatile
Total Liabilities711 M748.5 M3.4 B
Slightly volatile
Property Plant And Equipment Gross101.5 M96.7 M29.9 M
Slightly volatile
Total Current Assets5.2 B4.5 B3.1 B
Slightly volatile
Short Term Debt52 M54.7 M549.2 M
Slightly volatile
Intangible Assets32.6 M55.6 M20.8 M
Slightly volatile
Common Stock191.4 K234.9 K144.8 K
Slightly volatile
Property Plant Equipment115.2 M109.7 M32.2 M
Slightly volatile
Net Working Capital3.6 B3.6 B2.1 B
Slightly volatile
Capital Stock163.4 K183.8 K200.4 K
Slightly volatile

Cango Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Tax Provision437 M416.2 M156.6 M
Slightly volatile
Net Interest Income45.5 M76.3 M29.7 M
Slightly volatile
Interest Income57.8 M86.9 M36.8 M
Slightly volatile
Depreciation And Amortization22.5 M21.4 M8.1 M
Slightly volatile
Interest Expense4.5 M4.7 MM
Slightly volatile
Selling General Administrative241.6 M180.5 M149.4 M
Slightly volatile
Selling And Marketing Expenses42.5 M44.8 M90.3 M
Slightly volatile
Total Revenue1.9 BB1.3 B
Slightly volatile
Gross Profit162.5 M171.1 M416.6 M
Pretty Stable
Other Operating Expenses1.8 BB1.2 B
Slightly volatile
Research Development46.4 M34.6 M28 M
Slightly volatile
Cost Of Revenue1.2 B1.7 B807.1 M
Slightly volatile
Total Operating Expenses577.9 M303.4 M347.7 M
Slightly volatile
Income Tax Expense146.5 M107.5 M102.3 M
Slightly volatile
Reconciled Depreciation11.8 M21.4 M8.1 M
Slightly volatile

Cango Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation69.3 M44.3 M40.1 M
Slightly volatile
Begin Period Cash Flow2.1 B1.5 B1.2 B
Slightly volatile
Depreciation22.5 M21.4 M8.1 M
Slightly volatile
Capital Expenditures1.5 M1.6 M7.4 M
Pretty Stable
End Period Cash Flow2.5 B3.8 B1.6 B
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.560.5914.228
Slightly volatile
Dividend Yield1.431.360.3903
Slightly volatile
Days Sales Outstanding85.3489.83186
Pretty Stable
Average Payables23.1 M22 M11.1 M
Slightly volatile
Stock Based Compensation To Revenue0.02980.02040.0249
Slightly volatile
Capex To Depreciation0.10.111.5439
Slightly volatile
EV To Sales0.530.5628.4712
Slightly volatile
Inventory Turnover25.1843.4329.6258
Slightly volatile
Days Of Inventory On Hand6.476.8171.4781
Very volatile
Payables Turnover54.3257.1898.4631
Slightly volatile
Sales General And Administrative To Revenue0.0960.0830.1041
Slightly volatile
Average Inventory463.4 M441.3 M241.6 M
Slightly volatile
Research And Ddevelopement To Revenue0.02770.02030.0199
Slightly volatile
Capex To Revenue0.00110.00120.0067
Pretty Stable
Cash Per Share7.216.135.5635
Slightly volatile
Days Payables Outstanding7.166.618.1064
Slightly volatile
Intangibles To Total Assets0.01160.00940.0092
Slightly volatile
Current Ratio4.724.492.2894
Slightly volatile
Receivables Turnover3.334.213.1562
Very volatile
Capex Per Share0.0080.00840.0266
Pretty Stable
Average Receivables1.6 B1.8 BB
Slightly volatile
Revenue Per Share4.96.34.4083
Slightly volatile
Interest Debt Per Share0.330.352.5545
Slightly volatile
Debt To Assets0.02130.02240.192
Slightly volatile
Graham Number78.3674.6243.6992
Slightly volatile
Operating Cycle109115259
Pretty Stable
Days Of Payables Outstanding7.166.618.1064
Slightly volatile
Quick Ratio4.724.492.2337
Slightly volatile
Cash Ratio0.921.510.6291
Slightly volatile
Cash Conversion Cycle103108251
Pretty Stable
Days Of Inventory Outstanding6.476.8171.4781
Very volatile
Days Of Sales Outstanding85.3489.83186
Pretty Stable
Free Cash Flow Operating Cash Flow Ratio0.780.90.958
Slightly volatile
Fixed Asset Turnover33.5735.3397.9476
Slightly volatile
Debt Ratio0.02130.02240.192
Slightly volatile
Price Sales Ratio0.560.5914.228
Slightly volatile
Asset Turnover0.360.420.4406
Slightly volatile
Gross Profit Margin0.120.130.4543
Slightly volatile

Cango Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap1.9 BB16 B
Slightly volatile
Enterprise Value906.2 M953.8 M16 B
Slightly volatile

Cango Fundamental Market Drivers

Cash And Short Term Investments1.7 B

Cango Upcoming Events

14th of March 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View
30th of September 2023
Last Quarter Report
View

About Cango Financial Statements

Cango stakeholders use historical fundamental indicators, such as Cango's revenue or net income, to determine how well the company is positioned to perform in the future. Although Cango investors may analyze each financial statement separately, they are all interrelated. For example, changes in Cango's assets and liabilities are reflected in the revenues and expenses on Cango's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Cango Inc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue159.1 M200.5 M
Total RevenueB1.9 B
Cost Of Revenue1.7 B1.2 B
Stock Based Compensation To Revenue 0.02  0.03 
Sales General And Administrative To Revenue 0.08  0.10 
Research And Ddevelopement To Revenue 0.02  0.03 
Revenue Per Share 6.30  4.90 
Ebit Per Revenue(0.05)(0.05)

Currently Active Assets on Macroaxis

When determining whether Cango Inc is a strong investment it is important to analyze Cango's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cango's future performance. For an informed investment choice regarding Cango Stock, refer to the following important reports:
Check out the analysis of Cango Correlation against competitors.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Automotive Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cango. If investors know Cango will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cango listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.923
Earnings Share
0.35
Revenue Per Share
7.728
Quarterly Revenue Growth
4.129
Return On Assets
0.0208
The market value of Cango Inc is measured differently than its book value, which is the value of Cango that is recorded on the company's balance sheet. Investors also form their own opinion of Cango's value that differs from its market value or its book value, called intrinsic value, which is Cango's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cango's market value can be influenced by many factors that don't directly affect Cango's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cango's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cango is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cango's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.