Cango Inc (CANG) - Total Assets
Based on the latest financial reports, Cango Inc (CANG) holds total assets worth $2.62 Billion USD as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore CANG debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
Cango Inc - Total Assets Trend (2016–2025)
This chart illustrates how Cango Inc's total assets have evolved over time, based on quarterly financial data. See CANG net assets for net asset value and shareholders' equity analysis.
Cango Inc - Asset Composition Analysis
Current Asset Composition (December 2025)
Cango Inc's total assets of $2.62 Billion consist of 62.4% current assets and 37.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.6% |
| Accounts Receivable | $4.65 Billion | 58.8% |
| Inventory | $628.91K | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $2.05 Million | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2016–2025)
This chart illustrates how Cango Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see market value of Cango Inc.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Cango Inc's current assets represent 62.4% of total assets in 2025, an increase from 42.3% in 2016.
- Cash Position: Cash and equivalents constituted 3.6% of total assets in 2025, down from 6.3% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 58.8% of total assets.
Cango Inc Competitors by Total Assets
Key competitors of Cango Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
East Money Information Co Ltd
SHE:300059
|
China | CN¥439.90 Billion |
|
Washington H Soul Pattinson & Company Ltd
AU:SOL
|
Australia | AU$15.13 Billion |
|
Terawulf Inc
NASDAQ:WULF
|
USA | $7.01 Billion |
|
Zheshang Securities Co Ltd
SHG:601878
|
China | CN¥248.02 Billion |
|
Soochow Securities Co Ltd
SHG:601555
|
China | CN¥216.96 Billion |
|
ChinaLin Securities Co Ltd
SHE:002945
|
China | CN¥36.47 Billion |
|
Bolsas y Mercados Argentinos SA
BA:BYMA
|
Argentina | AR$2.55 Trillion |
|
Corporativo GBM S.A.B. de C.V
MX:GBMO
|
Mexico | MX$61.00 Billion |
Cango Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.00 | 1.41 | 2.49 |
| Quick Ratio | 1.00 | 1.41 | 2.48 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-4.51 Million | $1.28 Billion | $4.90 Billion |
Cango Inc - Advanced Valuation Insights
This section examines the relationship between Cango Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.63 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | 32.7% |
| Total Assets | $7.92 Billion |
| Market Capitalization | $132.95 Million USD |
Valuation Analysis
Below Book Valuation: The market values Cango Inc's assets below their book value (0.02x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Cango Inc's assets grew by 32.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Cango Inc (2016–2025)
The table below shows the annual total assets of Cango Inc from 2016 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $7.92 Billion | +32.72% |
| 2024-12-31 | $5.97 Billion | +28.41% |
| 2023-12-31 | $4.65 Billion | -33.75% |
| 2022-12-31 | $7.02 Billion | -35.91% |
| 2021-12-31 | $10.95 Billion | -9.87% |
| 2020-12-31 | $12.15 Billion | +39.02% |
| 2019-12-31 | $8.74 Billion | +19.66% |
| 2018-12-31 | $7.30 Billion | +265.63% |
| 2017-12-31 | $2.00 Billion | +179.34% |
| 2016-12-31 | $714.86 Million | -- |
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.