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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	2,516	1,290	1,021	378.92	1,435	1,427
Short-Term Investments	5.19	1,231	635.07	1,941	2,484	4,342
Cash & Short-Term Investments	2,521	2,521	1,656	2,320	3,919	5,769
Cash Growth	-27.52%	52.25%	-28.64%	-40.79%	-32.07%	121.93%
Accounts Receivable	55	107.14	437.26	1,572	2,473	2,547
Other Receivables	3.72	668.61	94.43	301.86	118.31	57.19
Receivables	58.72	775.75	531.68	1,873	2,592	2,605
Prepaid Expenses	-	182.7	2.52	8.64	9.98	14.33
Restricted Cash	11.21	10.81	14.33	152.69	61.29	9.69
Other Current Assets	1,827	-31.96	1,680	1,115	1,026	500.48
Total Current Assets	4,417	3,458	3,884	5,470	7,608	8,899
Property, Plant & Equipment	1,665	1,820	55.39	95.42	19.55	10.31
Long-Term Investments	400	-	-	-	-	-
Goodwill	-	-	-	148.66	148.66	145.06
Other Intangible Assets	47.26	47.43	48.37	48.32	45.93	44.89
Long-Term Accounts Receivable	4	26.86	72.74	433.51	1,525	1,736
Long-Term Deferred Tax Assets	-	-	-	62.5	474.57	170.95
Other Long-Term Assets	521.7	617.19	588.09	757.51	1,126	1,140
Total Assets	7,055	5,969	4,649	7,016	10,947	12,146
Accounts Payable	-	2.16	23.8	148.48	178.49	5.09
Accrued Expenses	2,000	1,270	24.26	61.2	95.62	98.78
Short-Term Debt	790.39	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	7.64	7.91	7.6	9.91	-	-
Current Income Taxes Payable	314.26	311.13	311.9	313.41	481.85	87.13
Current Unearned Revenue	7.97	21.12	121.62	422.43	292.39	113.86
Other Current Liabilities	20.98	97.65	248.56	661.03	851.57	567.83
Total Current Liabilities	3,141	1,835	777.74	2,531	3,418	2,457
Long-Term Debt	-	-	0.71	75.87	486.37	977.79
Long-Term Leases	35.77	37.04	42.23	76.53	-	-
Long-Term Deferred Tax Liabilities	10.72	10.72	10.72	10.72	51.47	330.77
Other Long-Term Liabilities	0.02	0.02	0.23	0.31	0.99	4.87
Total Liabilities	3,188	1,883	831.63	2,694	3,957	3,771
Common Stock	0.2	0.2	0.2	0.2	0.2	0.2
Additional Paid-In Capital	4,750	4,726	4,814	4,805	4,672	4,591
Retained Earnings	-243.17	-35.81	-335.63	9.11	2,991	3,955
Treasury Stock	-754.2	-756.52	-773.13	-559.01	-485.26	-56.42
Comprehensive Income & Other	114.57	152.88	111.85	66.36	-187.52	-115.39
Total Common Equity	3,867	4,087	3,817	4,322	6,991	8,375
Shareholders' Equity	3,867	4,087	3,817	4,322	6,991	8,375
Total Liabilities & Equity	7,055	5,969	4,649	7,016	10,947	12,146
Total Debt	833.8	169.54	90.54	1,077	2,004	2,562
Net Cash (Debt)	1,687	2,351	1,565	1,244	1,915	3,207
Net Cash Growth	-50.37%	50.23%	25.86%	-35.06%	-40.29%	-
Net Cash Per Share	14.62	20.18	12.88	9.07	13.21	21.10
Filing Date Shares Outstanding	51.89	103.79	104.36	134.75	138.74	145.95
Total Common Shares Outstanding	51.89	103.78	108.92	134.79	139.74	149.87
Working Capital	1,276	1,623	3,106	2,939	4,190	6,442
Book Value Per Share	74.53	39.38	35.04	32.06	50.02	55.88
Tangible Book Value	3,820	4,039	3,769	4,125	6,796	8,185
Tangible Book Value Per Share	73.62	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 Mar 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q