8 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 16.9% per year over the past 5 years.
Operating margin has contracted, at -63.5% in the latest year.
Financial health
Total debt ($558M) exceeds cash ($41M); net debt is $516M.
Total debt has grown slower than revenue (7.3% vs 16.9% per year).
The company is unprofitable and has less than a year of cash runway at its current free-cash-flow burn.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$688M
-$622M
4.1%
-63.5%
-$119M
$558M
$41M
2024
$90M
$42M
16.5%
-5.7%
-$41M
—
$90M
2023
—
-$5M
—
—
$146M
$6M
$102M
2022
$287M
-$161M
7.6%
-47.8%
-$83M
$144M
$55M
2021
$615M
-$1M
24.6%
-0.6%
-$66M
$314M
$225M
2020
$315M
$516M
46.5%
15.5%
-$96M
$393M
$219M
2019
$207M
$56M
62.6%
22.5%
$55M
$374M
$288M
2018
$159M
$44M
60.6%
25.4%
$25M
$233M
$424M
Valuation over time
How the market has priced CANG against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 30.0× (Dec '24) to 10.3× (Nov '25).
The price-to-sales ratio has fallen from 1.2× (Mar '23) to 0.1× (Jun '26).
The dividend yield has risen from 81.2% (Mar '23) to 93.9% (Dec '23).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is CANG growing its revenue and profit?
Over the past 5 years, Cango Inc.'s revenue has grown 16.9% per year. These are computed facts, not advice.
How much debt does CANG have?
As of FY2025, Cango Inc. reported $558M of total debt against $41M of cash.
What is CANG's profit margin?
In FY2025, gross margin was 4.1%, operating margin -63.5%, and net margin -90.4%.
What is CANG's P/E ratio?
As of Jun '26, Cango Inc. traded at a price-to-earnings ratio of about 10.3× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.