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Cango Inc.

CANG

$1.61 ▼ -0.03 (-1.83%) at close

9 Visible periods

30 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Poor

Bearish

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Analytical Summary

Cango Inc. faces fundamental challenges with weakness in Return on Common Equity (%) and Profit Margin (%). The fundamentals warrant careful consideration of downside risks.

Market Cap $456.1M

Dividend Yield —

Revenue Growth 524.3% ↗

Op. Margin -63.5% ↘

ROIC -45.9% ↘

FCF / Share $-0.39 ↘

Trailing P/E —

Price / Book 1.2x

FCF Yield —

Debt / Equity 1.40

info Valuation on last close. End-of-day price, Aug 7, 2026.

9-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$688.08M

↑ +524.3% —

Net Income Profit after all expenses

$-621.95M

↓ -1614.2% —

Operating Margin Operating profit as % of sales

-63.5%

↓ -385.7% 4th

FCF / Share Free cash flow per share

$-0.39

↓ -89.9% —

Long-Term Debt Long-term obligations

$557.57M

↑ +555877.6% —

trending_up

Bullish Indicators

No bullish signals detected.

warning

Bearish Risks

Debt to EquityDebt to Equity is concerning (bottom quartile)
Operating Margin (%)Operating Margin (%) is in the bottom quartile
Profit Margin (%)Profit Margin (%) is in the bottom quartile
Return on Common Equity (%)Return on Common Equity (%) is in the bottom quartile

Health Breakdown

Profitability ↓

Returns ↓

Financial Health ↑

Cash Quality ↓

Dividend History

Dividend / share · sourced from SEC filings

$0.50 Latest / share

FY 2017

FY 2018

FY 2019

FY 2020

FY 2021

$0.50

FY 2022

FY 2023

FY 2024

FY 2025

Financial view

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📈 Is growth accelerating? 5 metrics

Metric	FY 2025 Dec 31, 2025 20-F ↗	FY 2024 Dec 31, 2024 20-F ↗	FY 2023 Dec 31, 2023 20-F ↗	FY 2022 Dec 31, 2022 20-F ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗	FY 2019 Dec 31, 2019 20-F ↗	FY 2018 Dec 31, 2018 20-F ↗	FY 2017 Dec 31, 2017 20-F ↗
Revenue Growth YoY (%)	524.3% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+8638%)	-54.0% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-1000%)	-16.5% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-375%)	-53.3% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-989%)	95.6% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+1494%)	52.1% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+768%)	30.3% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+405%)	—	—
Net Income Growth YoY (%)	N/M	N/M	96.7% Excellent ↑ Excellent Improving Year-over-year change in net income	-11916.0% Weak ↓ Weak Declining Year-over-year change in net income	N/M	819.7% Excellent Excellent Year-over-year change in net income	27.5% Excellent Excellent Year-over-year change in net income	—	—
FCF Growth YoY (%)	-89.9% Weak Weak Year-over-year change in free cash flow	N/M	—	—	—	—	—	—	—
Revenue CAGR 3Y (%)	33.8% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	-43.6% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-8.7% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	11.6% Good Good Compound annual revenue growth over 3 years	57.1% Excellent Excellent Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	16.9% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	-11.8% Weak Weak Compound annual revenue growth over 5 years	8.6% Good Good Compound annual revenue growth over 5 years	—	—	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 20-F ↗	FY 2024 Dec 31, 2024 20-F ↗	FY 2023 Dec 31, 2023 20-F ↗	FY 2022 Dec 31, 2022 20-F ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗	FY 2019 Dec 31, 2019 20-F ↗	FY 2018 Dec 31, 2018 20-F ↗	FY 2017 Dec 31, 2017 20-F ↗
Operating Margin (%) (%)	-63.5% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-354%)	22.2% Good ↑ Good Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-11%)	-4.3% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-117%)	-47.8% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-291%)	-0.6% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-102%)	15.5% Fair ↓ Fair Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-38%)	22.5% Good Good Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-10%)	25.4% Excellent Excellent Operating income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	—
Effective Tax Rate (%) (%)	-0.2% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.4% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	168.1% Weak ↑ Weak Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-27.1% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	169.4% Weak ↑ Weak Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	9.9% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	17.0% Good Good Actual taxes paid relative to pre-tax income Optimal: 15-25%	22.5% Fair Fair Actual taxes paid relative to pre-tax income Optimal: 15-25%	—
Profit Margin (%) (%)	-90.4% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-511%)	37.3% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+69%)	-2.2% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-110%)	-56.1% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-355%)	-0.2% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-101%)	—	27.1% Excellent Excellent Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+23%)	27.7% Excellent Excellent Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+26%)	—
FCF Margin (%) (%)	-16.0% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-38.6% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	60.3% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	-28.6% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-10.3% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-30.3% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	29.4% Excellent Excellent Free cash flow as a percentage of revenue Optimal: > 10%	16.9% Good Good Free cash flow as a percentage of revenue Optimal: > 10%	—
FCF / Net Income (x)	0.18x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	-1.03x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	-27.09x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.51x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	47.33x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	-0.18x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	1.08x Fair Fair Free cash flow relative to reported net income Optimal: > 1x	0.61x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 20-F ↗	FY 2024 Dec 31, 2024 20-F ↗	FY 2023 Dec 31, 2023 20-F ↗	FY 2022 Dec 31, 2022 20-F ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗	FY 2019 Dec 31, 2019 20-F ↗	FY 2018 Dec 31, 2018 20-F ↗	FY 2017 Dec 31, 2017 20-F ↗
Return on Invested Capital (%)	-45.9% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	4.4% Caution ↑ Caution Improving Return earned on debt + equity capital invested Optimal: > 10%	1.3% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-24.2% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	0.2% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	2.7% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	4.0% Caution Caution Return earned on debt + equity capital invested Optimal: > 10%	3.5% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	—
Return on Capital (%) (%)	-38.6% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	3.0% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-1.6% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-13.5% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-0.2% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	2.6% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	3.7% Weak Weak Operating profit relative to total assets Optimal: > 10%	3.8% Weak Weak Operating profit relative to total assets Optimal: > 10%	—
Return on Common Equity (%) (%)	-156.6% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-1405%)	7.3% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-39%)	-1.0% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-108%)	-25.7% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-314%)	-0.1% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-101%)	40.2% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+235%)	7.1% Caution Caution Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-41%)	5.8% Caution Caution Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-52%)	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Dec 31, 2025 20-F ↗	FY 2024 Dec 31, 2024 20-F ↗	FY 2023 Dec 31, 2023 20-F ↗	FY 2022 Dec 31, 2022 20-F ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗	FY 2019 Dec 31, 2019 20-F ↗	FY 2018 Dec 31, 2018 20-F ↗	FY 2017 Dec 31, 2017 20-F ↗
Debt to Equity (x)	1.40x Caution ↑ Caution Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+17%)	0.03x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-97%)	0.01x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-99%)	0.23x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-81%)	0.29x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-76%)	0.31x Good ↓ Good Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-75%)	0.48x Good Good Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-60%)	0.30x Good Good Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-75%)	—
Interest Coverage (x)	—	—	-17.99x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-56.35x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-1.61x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	115.38x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	24.02x Excellent Excellent Operating income divided by interest expense Optimal: > 5x	14.56x Excellent Excellent Operating income divided by interest expense Optimal: > 5x	—
Net Debt (USD)	$516.32M	$-159.61M	$-138.15M	$88.64M	$89.34M	$174.02M	$86.55M	$-190.96M	—
Debt / EBITDA (x)	-1.74x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.47x Excellent ↑ Excellent Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-0.60x Excellent ↑ Excellent Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-1.05x Excellent ↑ Excellent Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-136.02x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	7.82x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	7.80x Weak Weak Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	5.64x Weak Weak Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—

📊 What does each share earn? 6 metrics

Metric	FY 2025 Dec 31, 2025 20-F ↗	FY 2024 Dec 31, 2024 20-F ↗	FY 2023 Dec 31, 2023 20-F ↗	FY 2022 Dec 31, 2022 20-F ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗	FY 2019 Dec 31, 2019 20-F ↗	FY 2018 Dec 31, 2018 20-F ↗	FY 2017 Dec 31, 2017 20-F ↗
Revenue per Share (USD)	$2.43	$0.53	$0.99	—	—	—	—	—	—
Free Cash Flow per Share (USD)	$-0.39	$-0.20	$0.59	—	—	—	—	—	—
Dividend per Share (USD)	—	—	—	$0.50	—	—	—	—	—
Book Value per Share (USD)	$1.40	$2.69	$2.21	—	—	—	—	$3.42	—
Tangible Book Value per Share (USD)	$1.40	$2.66	$2.18	—	—	—	—	$3.32	—
Basic Weighted Avg Shares (shares)	283.29M	208.20M	243.05M	—	—	—	—	—	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	FY 2025 Dec 31, 2025 20-F ↗	FY 2024 Dec 31, 2024 20-F ↗	FY 2023 Dec 31, 2023 20-F ↗	FY 2022 Dec 31, 2022 20-F ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗	FY 2019 Dec 31, 2019 20-F ↗	FY 2018 Dec 31, 2018 20-F ↗	FY 2017 Dec 31, 2017 20-F ↗
Working Capital (USD)	$-51.60M	$222.38M	$437.51M	$426.18M	$657.54M	$987.24M	$378.01M	$463.85M	—
LT Debt (USD)	$557.57M	—	$100.29K	$92.94M	$223.52M	$338.17M	$167.35M	$136.72M	—
Total Equity (USD)	$397.04M	$559.87M	$537.61M	$626.62M	$1.10B	$1.28B	$786.84M	$763.84M	—

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 20-F ↗	FY 2024 Dec 31, 2024 20-F ↗	FY 2023 Dec 31, 2023 20-F ↗	FY 2022 Dec 31, 2022 20-F ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗	FY 2019 Dec 31, 2019 20-F ↗	FY 2018 Dec 31, 2018 20-F ↗	FY 2017 Dec 31, 2017 20-F ↗
Sales/Revenue/Turnover (USD)	$688.08M	$110.21M	$239.71M	$287.14M	$615.40M	$314.55M	$206.85M	$158.74M	—
Depreciation Expense (USD)	$117.01M	$11.94M	$1.11M	$977.21K	$1.34M	$1.46M	$1.50M	$1.05M	—
Net Income, GAAP (USD)	$-621.95M	$41.07M	$-5.33M	$-161.11M	$-1.34M	$516.40M	$56.15M	$44.02M	—
Operating Cash Flow (USD)	$-109.83M	$-42.50M	$144.51M	$-82.26M	$-63.46M	$-95.27M	$60.75M	$26.88M	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 1 week ago 9 years · 9 quarters

Cango Inc.

Analytical Summary

9-Year Financial Trajectory

Bullish Indicators

Bearish Risks

Health Breakdown

Dividend History

Statement lens

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Peer Comparison

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