Cango Total Stockholder Equity from 2010 to 2025

CANG Stock  USD 3.93  0.08  2.00%   
Cango's Total Stockholder Equity is increasing over the last several years with slightly volatile swings. Total Stockholder Equity is predicted to flatten to about 3.9 B. Total Stockholder Equity is the total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders. View All Fundamentals
 
Total Stockholder Equity  
First Reported
2016-12-31
Previous Quarter
B
Current Value
4.1 B
Quarterly Volatility
2.5 B
 
Covid
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 1.3 M, Net Interest Income of 53.4 M or Interest Income of 64.4 M, as well as many indicators such as Price To Sales Ratio of 7.65, Dividend Yield of 1.43 or PTB Ratio of 0.96. 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.

Latest Cango's Total Stockholder Equity Growth Pattern

Below is the plot of the Total Stockholder Equity of Cango Inc over the last few years. It is the total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders. Cango's Total Stockholder Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cango's overall financial position and show how it may be relating to other accounts over time.
Total Stockholder Equity10 Years Trend
Slightly volatile
   Total Stockholder Equity   
       Timeline  

Cango Total Stockholder Equity Regression Statistics

Arithmetic Mean830,362,280
Geometric Mean4,273,958,952
Coefficient Of Variation570.19
Mean Deviation4,446,612,326
Median3,816,976,487
Standard Deviation4,734,614,348
Sample Variance22416573T
Range12.1B
R-Value0.80
Mean Square Error8495596.9T
R-Squared0.65
Significance0.0002
Slope799,467,172
Total Sum of Squares336248595.4T

Cango Total Stockholder Equity History

20253.9 B
20244.1 B
20233.8 B
20224.3 B
2021B
20208.4 B
20195.5 B

About Cango Financial Statements

Cango stakeholders use historical fundamental indicators, such as Cango's Total Stockholder Equity, 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
Total Stockholder Equity4.1 B3.9 B

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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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.