Cango Inc. (CANG)
Cango Inc. reported revenue of $688.1M in fiscal 2025, up 524.3% from a year earlier. It posted a net loss of $622M. In fiscal 2025 capital spending exceeded operating cash flow by $119.2M. At December 31, 2025 it held $41.2M in cash against $557.6M of debt. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on April 10, 2026.
Key facts about Cango Inc.
- Net worth
- Cango Inc. has a market value (market cap) of $45.5M at the latest share price, and shareholders' equity of $397M on its balance sheet at December 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $688.1M (+524.3% year on year), with a net loss of $622M.
- Cash flow
- In fiscal 2025 operations used $109.8M of cash.
- Latest report
- The latest periodic report (annual report (foreign issuer), 20-F) was filed with the SEC on April 10, 2026 and covers the period to December 31, 2025. Open on SEC EDGAR
What Cango Inc. does
Cango Inc. is registered with the SEC under industry code SIC 6199 (Finance Services). Its shares trade on NYSE under the ticker CANG.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $688.1M | -$622M | n/a | -$119.2M |
| 2024 | $110.2M | $41.7M | n/a | -$40.9M |
| 2023 | $1.7B | -$5.5M | n/a | $146.1M |
| 2022 | $287.1M | -$161.1M | n/a | -$82.9M |
| 2021 | $615.4M | -$1.3M | n/a | -$66.4M |
| 2020 | $314.5M | $516.4M | n/a | -$96.1M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where CANG ranks in Finance
Dividends
It paid out $271.3M in cash dividends.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2022 | n/a | $271.3M | n/a |
| 2021 | n/a | $149.9M | n/a |
| 2020 | n/a | $41M | 8% |
| 2019 | n/a | $36.9M | 66% |
| 2018 | n/a | $3.9M | 9% |
Latest SEC filings
What Cango Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- September 3, 2026
- August 31, 2026
- July 21, 2026
- July 10, 2026
- June 24, 2026
- June 2, 2026
- May 22, 2026
- April 22, 2026
- April 10, 2026Annual report (foreign issuer) 20-F · period to December 31, 2025Revenue rose 524% to $688.1M versus the prior year; net loss of $622M versus net income of $41.7M.
- April 2, 2026
Insider trades
What the people running Cango Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider trades were reported in the last 90 days.
Who owns CANG
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Golden TechGen Limited13D, may seek influence | 19.9% | July 31, 2025 |
| Jiayuan Lin13D, may seek influence with 2 related filers | 13.3% | July 25, 2025 |
| Xiaojun Zhang13D, may seek influence with 1 related filers | 13.1% | July 25, 2025 |
| Chiu, Chang-Wei13D, may seek influence with 2 related filers | 11.99% | March 18, 2026 |
| Boyu Capital Fund III, L.P.13G, passive with 7 related filers | 10.9% | February 11, 2025 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 2 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| Primavera Capital Management Ltd | 10,308,662 | 0 |
| Partners Capital Investment Group, Llp | 155,000 | +10,000 |
Insiders
Questions about CANG
What does Cango Inc. do?
Cango Inc. is a company in the Finance sector, listed on NYSE as CANG. Its shares trade on NYSE under the ticker CANG.
What is Cango Inc.'s net worth?
Cango Inc. has a market value (market cap) of $45.5M at the latest share price, and shareholders' equity of $397M on its balance sheet at December 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Cango Inc. profitable?
No. In fiscal 2025 it reported a net loss of $622M on revenue of $688.1M.
How much revenue does Cango Inc. make?
In fiscal 2025 Cango Inc. reported revenue of $688.1M. That is 524.3% more than a year earlier.
When did Cango Inc. last report?
Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on April 10, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the foreign issuer update from September 3, 2026.
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Where the numbers come from
Financial figures are the values Cango Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.