Cango Inc Net Assets
Cango Inc net assets. Based on the latest financial reports, Cango Inc (CANG) has net assets worth $1.45 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.62 Billion) and total liabilities ($1.17 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore CANG net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.45 Billion |
| % of Total Assets | 55.37% |
| Annual Growth Rate | N/A |
| 5-Year Change | -60.28% |
| 10-Year Change | N/A |
| Growth Volatility | 28.17 |
Net Assets of Cango Inc (2016–2025)
Net assets of Cango Inc from 2016 to 2025. This chart illustrates how Cango Inc's net assets have evolved over time, based on quarterly financial data. See CANG net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Cango Inc (2016–2025)
The table below shows the annual net assets of Cango Inc from 2016 to 2025. For live market cap and overall valuation, see CANG market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $2.78 Billion | -32.06% |
| 2024-12-31 | $4.09 Billion | +7.06% |
| 2023-12-31 | $3.82 Billion | -11.68% |
| 2022-12-31 | $4.32 Billion | -38.18% |
| 2021-12-31 | $6.99 Billion | -16.53% |
| 2020-12-31 | $8.38 Billion | +52.51% |
| 2019-12-31 | $5.49 Billion | +4.50% |
| 2018-12-31 | $5.26 Billion | +295.96% |
| 2017-12-31 | $-2.68 Billion | +28.12% |
| 2016-12-31 | $-3.73 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cango Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 69330825400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Cango Inc Net Assets Breakdown (December 2025)
Cango Inc net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $308.87K | 0.01% |
| Other Components | $7.22 Billion | 260.06% |
| Total Equity | $2.78 Billion | 100.00% |
Cango Inc Competitors by Market Cap
The table below lists competitors of Cango Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SAMYANG NC Chem
KQ:482630
|
$133.06 Million |
|
Thailand Prime Property Freehold and Leasehold Real Estate Investment Trust
BK:TPRIME
|
$133.11 Million |
|
American Well Corp
NYSE:AMWL
|
$133.17 Million |
|
Mpact Limited
JSE:MPT
|
$133.18 Million |
|
Hooker Furniture Corporation
NASDAQ:HOFT
|
$132.90 Million |
|
Diamond Building Products Public Company Limited
BK:DRT
|
$132.88 Million |
|
Chant Sincere Co Ltd
TW:6205
|
$132.78 Million |
|
Lastminute.com NV
F:09B
|
$132.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cango Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,086,630,000 to 2,776,350,896, a change of -1,310,279,104 (-32.1%).
- Net loss of 3,166,174,696 reduced equity.
- Share repurchases of 8,739,407 reduced equity.
- Other comprehensive income decreased equity by 152,882,000.
- Other factors increased equity by 2,017,516,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.17 Billion | -114.04% |
| Share Repurchases | $8.74 Million | -0.31% |
| Other Comprehensive Income | $-152.88 Million | -5.51% |
| Other Changes | $2.02 Billion | +72.67% |
| Total Change | $- | -32.06% |
Book Value vs Market Value Analysis
This analysis compares Cango Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.10x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | $-25.22 | $0.99 | x |
| 2017-12-31 | $-18.13 | $0.99 | x |
| 2018-12-31 | $9.35 | $0.99 | x |
| 2019-12-31 | $36.21 | $0.99 | x |
| 2020-12-31 | $13.78 | $0.99 | x |
| 2021-12-31 | $12.06 | $0.99 | x |
| 2022-12-31 | $7.88 | $0.99 | x |
| 2023-12-31 | $7.85 | $0.99 | x |
| 2024-12-31 | $8.77 | $0.99 | x |
| 2025-12-31 | $9.80 | $0.99 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cango Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -114.04%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -65.80%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 2.85x
- Recent ROE (-114.04%) is below the historical average (-8.04%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 0.00% | 29.68% | 0.61x | 0.00x | $501.98 Million |
| 2017 | 0.00% | 32.41% | 0.53x | 0.00x | $609.19 Million |
| 2018 | 5.76% | 27.73% | 0.15x | 1.39x | $-222.49 Million |
| 2019 | 7.12% | 27.15% | 0.16x | 1.59x | $-158.25 Million |
| 2020 | 40.23% | 164.17% | 0.17x | 1.45x | $2.53 Billion |
| 2021 | -0.12% | -0.22% | 0.36x | 1.57x | $-707.60 Million |
| 2022 | -25.71% | -56.11% | 0.28x | 1.62x | $-1.54 Billion |
| 2023 | -0.99% | -2.23% | 0.37x | 1.22x | $-419.57 Million |
| 2024 | 7.34% | 37.27% | 0.13x | 1.46x | $-108.85 Million |
| 2025 | -114.04% | -65.80% | 0.61x | 2.85x | $-3.44 Billion |
Industry Comparison
This section compares Cango Inc's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $29,623,972
- Average return on equity (ROE) among peers: -7.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cango Inc (CANG) | $1.45 Billion | 0.00% | 0.81x | $132.95 Million |
| American Bitcoin Corp (ABTC) | $59.95 Million | -52.26% | 0.58x | $128.43 Million |
| Abits Group Inc. (ABTS) | $33.79K | -37.31% | 0.20x | $1.22 Million |
| Sphere 3D Corp (ANY) | $339.82K | -25.22% | 0.03x | $15.32 Million |
| Argo Blockchain PLC ADR (ARBK) | $27.19 Million | -15.14% | 0.01x | $957.54K |
| AtlasClear Holdings, Inc. (ATCH) | $-777.81K | 0.00% | 0.00x | $32.53 Million |
| Prestige Wealth Inc. (AURE) | $4.01 Million | 47.65% | 0.11x | $20.57 Million |
| Solowin Holdings (AXG) | $3.34 Million | 5.15% | 2.06x | $201.71 Million |
| BGC Group Inc. (BGC) | $177.30 Million | -7.11% | 7.85x | $3.84 Billion |
| Big Digital Energy, Inc. (BGDE) | $-3.24 Million | 0.00% | 0.00x | $17.34 Million |
| Bitfarms Ltd (BITF) | $28.09 Million | 10.32% | 0.88x | $1.21 Billion |
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.