Cango Inc (CANG) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Cango Inc (CANG) has a cash flow conversion efficiency ratio of -0.529x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-767.99 Million) by net assets ($1.45 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See CANG equity to assets ratio to measure how much of total assets are equity-financed.
Cango Inc - Cash Flow Conversion Efficiency Trend (2016–2025)
This chart illustrates how Cango Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check CANG cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
Cango Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Cango Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Vivozon Healthcare Inc
KQ:082800
|
-0.055x |
|
Business Online PCL
BK:BOL
|
0.012x |
|
TuHURA Biosciences Inc
NASDAQ:HURA
|
-0.190x |
|
Takarék Jelzálogbank Nyrt
F:FH21
|
-0.130x |
|
TEMC Co. Ltd.
KQ:425040
|
-0.021x |
|
Kt Skylife
KO:053210
|
0.039x |
|
Pyrum Innovations AG
OL:PYRUM
|
-0.116x |
|
Bhagyanagar India Limited
NSE:BHAGYANGR
|
-0.339x |
Annual Cash Flow Conversion Efficiency for Cango Inc (2016–2025)
The table below shows the annual cash flow conversion efficiency of Cango Inc from 2016 to 2025. For the full company profile with market capitalisation and key ratios, see Cango Inc (CANG) market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $2.78 Billion | $-767.99 Million | -0.277x | -264.42% |
| 2024-12-31 | $4.09 Billion | $-310.20 Million | -0.076x | -128.24% |
| 2023-12-31 | $3.82 Billion | $1.03 Billion | 0.269x | +304.76% |
| 2022-12-31 | $4.32 Billion | $-567.39 Million | -0.131x | -126.94% |
| 2021-12-31 | $6.99 Billion | $-404.39 Million | -0.058x | +22.06% |
| 2020-12-31 | $8.38 Billion | $-621.61 Million | -0.074x | -196.38% |
| 2019-12-31 | $5.49 Billion | $422.90 Million | 0.077x | +119.01% |
| 2018-12-31 | $5.26 Billion | $184.79 Million | 0.035x | +116.00% |
| 2017-12-31 | $-2.68 Billion | $589.30 Million | -0.220x | -887.38% |
| 2016-12-31 | $-3.73 Billion | $83.03 Million | -0.022x | -- |
About Cango Inc
Cango Inc. operates bitcoin mining business with mining operations across North America, the Middle East, South America, and East Africa. It also operates an online international used car export business through AutoCango.com. Cango Inc. was founded in 2010 and is headquartered in Dallas, Texas.