Cango Inc. (CANG) — Financial statements
Income statement, balance sheet, and cash flow for Cango Inc. — annual and quarterly history with growth and margin analysis.
| Metric (CNY Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 4,811↑498.1% | 804↓52.7% | 1,702↓14.1% | 1,980↓49.5% | 3,922 | |
| Cost of Revenue | 6,246↑1637.4% | 360↓76.2% | 1,512↓17.4% | 1,830↓38.1% | 2,958 | |
| Gross Profit | -1,435↓422.4% | 445↑134.1% | 190↑26.4% | 150↓84.4% | 964 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00↓100.0% | 5↓81.8% | 30↓34.5% | 46↓34.6% | 70 | |
| General & Administrative Expenses | 0.00↓100.0% | 250↑59.4% | 157↓47.6% | 300↓36.8% | 474 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 13↓66.3% | 39↓70.7% | 133↓44.5% | 239 | |
| SG&A Expenses | 0.00↓100.0% | 263↑34.4% | 196↓54.7% | 432↓39.4% | 713 | |
| Other Expenses | -744↓27964.4% | -3↓107.0% | 38↓93.9% | 619↑204.4% | 203 | |
| Operating Expenses | -744↓379.5% | 266↑0.9% | 264↓76.0% | 1,098↑11.2% | 987 | |
| Total Costs & Expenses | 5,502↑779.6% | 626↓64.8% | 1,776↓39.3% | 2,928↓25.8% | 3,945 | |
| Operating Results | ||||||
| Operating Income | -691↓486.3% | 179↑342.6% | -74↑92.2% | -947↓3973.8% | -23 | |
| Depreciation & Amortization | 816↑12129.2% | 7↓64.2% | 19↑240.0% | 5↓35.6% | 9 | |
| EBITDA | -2,205↓1305.4% | 183↑133.5% | 78↑112.2% | -642↓1917.9% | 35 | |
| EBIT | -3,021↓1813.9% | 176↑195.3% | 60↑109.2% | -647↓2516.2% | 27 | |
| Interest & Other Income | ||||||
| Net Interest Income | -126↓218.8% | 106↑40.8% | 75↑178.8% | 27↑126.4% | 12 | |
| Interest Income | 14↓86.7% | 106↑34.3% | 79↑81.0% | 44↑65.8% | 26 | |
| Interest Expense | 140↑21078.3% | 0.66↓83.9% | 4↓75.6% | 17↑16.1% | 14 | |
| Non-Operating Income | 2,330↑87808.1% | 3↑102.0% | -133↑55.5% | -300↓51.6% | -198 | |
| Other Income / Expenses | -2,469↓2120.0% | 122↓5.5% | 129↑78.1% | 73↑104.3% | 36 | |
| Income Before Tax | -3,160↓1149.5% | 301↑441.8% | 56↑106.4% | -875↓7205.1% | 12 | |
| Income Tax Expense | 6↑345.5% | 1↓98.6% | 93↓60.5% | 237↑1035.1% | 21 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -3,166↓1156.0% | 300↑891.6% | -38↑96.6% | -1,111↓12905.2% | -9 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -3,166↓1156.0% | 300↑891.6% | -38↑96.6% | -1,111↓12905.2% | -9 | |
| Bottom-Line Net Income | -3,166↓1156.0% | 300↑891.6% | -38↑96.6% | -1,111↓12905.2% | -9 | |
| EPS (Basic) | -11.19↓1654.2% | 0.72↑1060.0% | -0.08↑96.3% | -2.03↓13675.5% | -0.01 | |
| EPS (Diluted) | -11.19↓1834.9% | 0.65↑960.0% | -0.08↑96.3% | -2.03↓13675.5% | -0.01 | |
| Weighted Average Shares | 283↓39.1% | 465↓4.4% | 486↓11.3% | 548↓5.5% | 580 | |
| Weighted Average Diluted Shares | 283↓39.2% | 466↓4.1% | 486↓11.3% | 548↓5.5% | 580 | |
* All figures in Millions of CNY, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.