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Cango (CANG) is a Financials company. Latest news and coverage below.
| FY2023Dec 2023 | FY2024Dec 2024 | FY2025Dec 2025 | |
|---|---|---|---|
| Income statement | |||
| Revenue | — | $89.9M | $688.1M |
| Growth (year over year) | — | — | +665.3% |
| Gross profit | — | $14.8M | $28.1M |
| Gross margin | — | 16.5% | 4.1% |
| Operating income | −$7.02M | −$5.11M | −$437.1M |
| Operating margin | — | −5.7% | −63.5% |
| Net income | −$5.48M | $41.7M | −$622.0M |
| Net margin | — | 46.3% | −90.4% |
| Balance sheet | |||
| Cash and equivalents | $102.3M | $90.4M | $41.2M |
| Total assets | — | $817.8M | $1.13B |
| Total liabilities | — | $263.9M | $735.9M |
| Long-term debt | — | — | $557.6M |
| Shareholders' equity | $532.8M | $553.9M | $397.0M |
| Cash flow | |||
| Operating cash flow | $146.3M | −$40.8M | −$109.8M |
| Capital expenditure | — | $65.1K | $9.41M |
| Free cash flow | — | −$40.9M | −$119.2M |
| Share buybacks | $34.2M | $12.6M | $1.25M |
From Cango's 20-F and 6-K filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. Per-share figures are per ordinary share, which is not always the share traded in the US: an ADS can stand for several, or for part of one. Filings on SEC EDGAR →
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