Cango Inc. (CANG)

Cango Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	691.82	1,021	378.92	1,435	1,427	2,002
Short-Term Investments	3,083	635.07	1,941	2,484	4,342	597.27
Cash & Short-Term Investments	3,775	1,656	2,320	3,919	5,769	2,600
Cash Growth	21.77%	-28.65%	-40.79%	-32.07%	121.93%	-18.22%
Accounts Receivable	128.58	435.87	1,572	2,473	2,547	1,859
Other Receivables	8.54	29.52	301.86	118.31	57.19	68.99
Receivables	137.12	465.4	1,873	2,592	2,605	1,931
Prepaid Expenses	-	-	8.64	9.98	14.33	7.77
Restricted Cash	12.82	14.33	152.69	61.29	9.69	970.99
Other Current Assets	29.96	1,749	1,115	1,026	500.48	31.02
Total Current Assets	3,955	3,884	5,470	7,608	8,899	5,541
Property, Plant & Equipment	49.4	55.39	95.42	19.55	10.31	14.74
Long-Term Investments	-	-	-	-	-	547.89
Goodwill	-	-	148.66	148.66	145.06	145.06
Other Intangible Assets	47.63	48.37	48.32	45.93	44.89	44.76
Long-Term Accounts Receivable	10.21	72.74	433.51	1,525	1,736	1,461
Long-Term Deferred Tax Assets	-	-	62.5	474.57	170.95	100.67
Other Long-Term Assets	465.47	588.09	757.51	1,126	1,140	882.09
Total Assets	4,527	4,649	7,016	10,947	12,146	8,737
Accounts Payable	-	23.8	148.48	178.49	5.09	8.23
Accrued Expenses	130.81	24.26	61.2	95.62	98.78	57.95
Short-Term Debt	-	39.07	349.3	579.78	355.82	1,440
Current Portion of Long-Term Debt	0.65	0.93	565.14	938.01	1,229	863.42
Current Portion of Leases	8.02	7.6	9.91	-	-	-
Current Income Taxes Payable	311.24	311.9	313.41	481.85	87.13	67.31
Current Unearned Revenue	20.64	35.4	422.43	292.39	113.86	-
Other Current Liabilities	33.69	334.78	661.03	851.57	567.83	472.46
Total Current Liabilities	505.04	777.74	2,531	3,418	2,457	2,909
Long-Term Debt	0.47	0.71	75.87	486.37	977.79	301.67
Long-Term Leases	39.38	42.23	76.53	-	-	-
Long-Term Deferred Tax Liabilities	10.72	10.72	10.72	51.47	330.77	12.33
Other Long-Term Liabilities	0.14	0.23	0.31	0.99	4.87	21.8
Total Liabilities	555.75	831.63	2,694	3,957	3,771	3,245
Common Stock	0.2	0.2	0.2	0.2	0.2	0.2
Additional Paid-In Capital	4,747	4,814	4,805	4,672	4,591	4,526
Retained Earnings	-91.7	-335.63	9.11	2,991	3,955	852.51
Treasury Stock	-782.8	-773.13	-559.01	-485.26	-56.42	-20.64
Comprehensive Income & Other	98.8	111.85	66.36	-187.52	-115.39	119.43
Total Common Equity	3,972	3,817	4,322	6,991	8,375	5,478
Minority Interest	-	-	-	-	-	13.81
Shareholders' Equity	3,972	3,817	4,322	6,991	8,375	5,492
Total Liabilities & Equity	4,527	4,649	7,016	10,947	12,146	8,737
Total Debt	48.51	90.54	1,077	2,004	2,562	2,605
Net Cash (Debt)	3,726	1,565	1,244	1,915	3,207	-5.26
Net Cash Growth	26.95%	25.86%	-35.06%	-40.29%	-	-
Net Cash Per Share	34.68	12.88	9.07	13.21	21.10	-0.03
Filing Date Shares Outstanding	103.49	104.36	134.75	138.74	145.95	150.97
Total Common Shares Outstanding	103.49	108.92	134.79	139.74	149.87	150.97
Working Capital	3,450	3,106	2,939	4,190	6,442	2,632
Book Value Per Share	38.38	35.04	32.06	50.02	55.88	36.28
Tangible Book Value	3,924	3,769	4,125	6,796	8,185	5,288
Tangible Book Value Per Share	37.92	34.60	30.60	48.63	54.61	35.03
Machinery	-	22.68	28.1	-	-	-
Leasehold Improvements	-	14.25	14.1	-	-	-

Source: S&P Capital IQ. Standard template. Financial Sources.