Cango Inc. (CANG)

Cango Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	843.82	1,290	1,021	378.92	1,435	1,427
Short-Term Investments	-	1,231	635.07	1,941	2,484	4,342
Cash & Short-Term Investments	843.82	2,521	1,656	2,320	3,919	5,769
Cash Growth	-77.10%	52.25%	-28.64%	-40.79%	-32.07%	121.93%
Accounts Receivable	15.71	107.14	437.26	1,572	2,473	2,547
Other Receivables	-	668.61	94.43	301.86	118.31	57.19
Receivables	15.71	775.75	531.68	1,873	2,592	2,605
Prepaid Expenses	-	182.7	2.52	8.64	9.98	14.33
Restricted Cash	-	10.81	14.33	152.69	61.29	9.69
Other Current Assets	4,606	-31.96	1,680	1,115	1,026	500.48
Total Current Assets	5,465	3,458	3,884	5,470	7,608	8,899
Property, Plant & Equipment	2,564	1,820	55.39	95.42	19.55	10.31
Goodwill	-	-	-	148.66	148.66	145.06
Other Intangible Assets	-	47.43	48.37	48.32	45.93	44.89
Long-Term Accounts Receivable	-	26.86	72.74	433.51	1,525	1,736
Long-Term Deferred Tax Assets	16.26	-	-	62.5	474.57	170.95
Other Long-Term Assets	-	617.19	588.09	757.51	1,126	1,140
Total Assets	8,045	5,969	4,649	7,016	10,947	12,146
Accounts Payable	-	2.16	23.8	148.48	178.49	5.09
Accrued Expenses	1,173	1,270	24.26	61.2	95.62	98.78
Short-Term Debt	1,613	124.58	39.07	349.3	579.78	355.82
Current Portion of Long-Term Debt	-	-	0.93	565.14	938.01	1,229
Current Portion of Leases	-	7.91	7.6	9.91	-	-
Current Income Taxes Payable	552.98	311.13	311.9	313.41	481.85	87.13
Current Unearned Revenue	-	21.12	121.62	422.43	292.39	113.86
Other Current Liabilities	-	97.65	248.56	661.03	851.57	567.83
Total Current Liabilities	3,339	1,835	777.74	2,531	3,418	2,457
Long-Term Debt	-	-	0.71	75.87	486.37	977.79
Long-Term Leases	-	37.04	42.23	76.53	-	-
Long-Term Deferred Tax Liabilities	0	10.72	10.72	10.72	51.47	330.77
Other Long-Term Liabilities	-	0.02	0.23	0.31	0.99	4.87
Total Liabilities	3,339	1,883	831.63	2,694	3,957	3,771
Common Stock	0.3	0.2	0.2	0.2	0.2	0.2
Additional Paid-In Capital	7,696	4,726	4,814	4,805	4,672	4,591
Retained Earnings	-2,359	-35.81	-335.63	9.11	2,991	3,955
Treasury Stock	-749.28	-756.52	-773.13	-559.01	-485.26	-56.42
Comprehensive Income & Other	117.86	152.88	111.85	66.36	-187.52	-115.39
Total Common Equity	4,706	4,087	3,817	4,322	6,991	8,375
Shareholders' Equity	4,706	4,087	3,817	4,322	6,991	8,375
Total Liabilities & Equity	8,045	5,969	4,649	7,016	10,947	12,146
Total Debt	1,613	169.54	90.54	1,077	2,004	2,562
Net Cash (Debt)	-769.45	2,351	1,565	1,244	1,915	3,207
Net Cash Growth	-	50.23%	25.86%	-35.06%	-40.29%	-
Net Cash Per Share	-7.37	20.18	12.88	9.07	13.21	21.10
Filing Date Shares Outstanding	107.04	103.79	104.36	134.75	138.74	145.95
Total Common Shares Outstanding	107.04	103.78	108.92	134.79	139.74	149.87
Working Capital	2,126	1,623	3,106	2,939	4,190	6,442
Book Value Per Share	43.96	39.38	35.04	32.06	50.02	55.88
Tangible Book Value	4,706	4,039	3,769	4,125	6,796	8,185
Tangible Book Value Per Share	43.96	38.92	34.60	30.60	48.63	54.61
Machinery	-	1,877	22.68	28.1	-	-
Leasehold Improvements	-	14.32	14.25	14.1	-	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q