Cango Inc. Financial Ratios — CANG Stock

Profitability (USD)

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	- -	- -	7.23	49.96	-0.11	-18.69	-0.94	7.63	-130.81
Return on Assets (%)	- -	25.55	6.44	4.84	33.19	-0.07	-11.78	-0.65	5.65	-63.76
Return on Capital (%)	- -	-11.74	14.86	5.15	36.42	-0.19	- -	-0.81	7.44	- -
Return on Invested Capital (%)	- -	- -	10.98	3.93	3.42	-0.08	- -	-0.97	-0.28	- -
Gross Margin (%)	60.84	63.31	60.6	62.55	46.5	24.57	7.59	11.17	16.48	4.09
EBITDA Margin (%)	42.81	46.42	29.04	25.73	17.72	0.53	-46.17	- -	11.29	16.65
Operating Margin (%)	42.46	46.14	28.38	25	17.26	0.31	-47.05	- -	-1.89	-0.35
Incremental Operating Margin (%)	- -	48.47	1,169.59	13.63	2.54	-17.37	- -	-44.6	-11.3	- -
Pretax Margin (%)	42.94	44.52	36.28	33.87	182.38	0.31	-44.16	- -	5.29	-65.68
Profit Margin (%)	29.68	32.41	27.73	27.15	164.17	-0.22	-56.11	- -	46.33	-90.39
Net Income to Common Margin (%)	29.68	32.41	27.73	27.15	164.17	-0.22	-56.11	- -	46.33	-90.39
Effective Tax Rate (%)	28.43	25.49	22.5	17.01	9.88	169.42	- -	- -	- -	- -
Dvd Payout Ratio (%)	0.74	- -	8.7	61.39	7.91	-11,182.09	-168.38	- -	- -	- -
Sustainable Growth Rate (%)	- -	- -	- -	2.79	46	-12.72	-50.17	-0.94	7.63	-130.81

Credit (USD)

Credit Ratios API ChatGPT

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	27	27	233	372	392	334	174	13	17	560
ST Debt	- -	- -	164	329	243	258	152	7	17	1
LT Debt	27	27	69	43	150	76	22	6	- -	559
Total Debt/EBITDA	1.02	0.36	5.05	7.03	7.04	103.05	-1.31	-1.85	1.7	4.89
Net Debt/EBITDA	0.78	-1.29	-4.14	1.63	3.12	33.57	-0.8	19.99	-7.23	4.51
Total Debt/EBIT	1.03	0.36	5.16	7.23	7.23	175.35	-1.29	-1.82	-10.16	-230.12
Net Debt/EBIT	0.78	-1.29	-4.24	1.67	3.21	57.12	-0.79	19.68	43.22	-212.25
EBITDA to Interest Expense	413.41	37.59	16.67	27.53	131.85	1.43	-54.39	-186,884.57	108.8	5.74
EBITDA-CapEx/Interest Expense	407.68	36.85	15.92	24.34	129.91	0.12	-54.67	-186,884.57	-1,264.48	-0.01
EBIT to Interest Expense	410.07	37.36	16.3	26.76	128.39	0.84	-55.44	-189,829.43	-18.2	-0.12
Interest Expense	- -	2	3	2	- -	2	2	- -	- -	20
Common Equity/Total Assets	-524.03	-135.59	71.93	62.7	68.95	63.86	61.6	82.11	67.73	35.04
Long-Term Debt/Equity (%)	- -	- -	9	5.49	11.67	6.96	3.53	1.12	0.91	140.85
Long-Term Debt/Capital (%)	-5.35	-6.98	6.9	3.73	8.94	5.33	2.76	1.1	- -	58.44
Long-Term Debt/Total Assets (%)	26.52	8.76	6.48	3.45	8.05	4.44	2.17	0.92	- -	49.36
Total Debt/Equity (%)	-5.08	-6.53	30.44	47.43	30.59	30.44	27.77	2.37	3.11	140.99
Total Debt/Capital (%)	-5.35	-6.98	23.34	32.17	23.43	23.34	21.73	2.32	3.02	58.5
Total Debt/Total Assets (%)	26.52	8.76	21.91	29.82	21.1	19.44	17.11	1.95	2.11	49.41
Net Debt to Equity	-3.88	23.43	-24.98	10.97	13.56	9.92	17	-25.67	-13.25	130.04
Net Debt/Capital (%)	-4.03	18.98	-33.3	9.89	11.94	9.02	14.29	-33.94	-15.26	56.39
EBITDA	27	75	46	53	56	3	-133	-7	10	115
EBITDA-CapEx	26	73	44	47	55	- -	-133	-7	-118	- -
Operating Income (Loss)	27	74	45	51	54	2	-135	-7	-2	-2

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	0.53	1.64	2.03	0.89	2.35	1.18	0.92	2.13	0.51	0.23
Current Ratio	1.05	2.11	3.04	1.9	3.62	2.23	2.16	4.99	1.84	0.71
Quick Ratio	1.01	1.94	2.82	1.56	3.41	1.94	1.56	2.67	0.85	0.25
CFO/Avg Current Liab	- -	1.48	0.17	0.19	-0.24	-0.14	-0.18	0.61	-0.22	-0.51
Common Equity/Total Assets	-524.03	-135.59	71.93	62.7	68.95	63.86	61.6	82.11	67.73	35.04
Long-Term Debt/Equity (%)	- -	- -	9	5.49	11.67	6.96	3.53	1.12	0.91	140.85
Long-Term Debt/Capital (%)	-5.35	-6.98	6.9	3.73	8.94	5.33	2.76	1.1	- -	58.44
Long-Term Debt/Total Assets (%)	26.52	8.76	6.48	3.45	8.05	4.44	2.17	0.92	- -	49.36
Total Debt/Equity (%)	-5.08	-6.53	30.44	47.43	30.59	30.44	27.77	2.37	3.11	140.99
Total Debt/Capital (%)	-5.35	-6.98	23.34	32.17	23.43	23.34	21.73	2.32	3.02	58.5
Total Debt/Total Assets (%)	26.52	8.76	21.91	29.82	21.1	19.44	17.11	1.95	2.11	49.41
CFO/Total Liabilities	1.87	12.6	9.03	13.03	-16.49	-10.22	-21.06	124.71	-15.47	-14.92
CFO/CapEx	32.23	61.47	12.84	9.83	-115.96	-21.37	-122.75	- -	-0.32	-0.96
Altman's Z-Score	-5.87	-0.22	3.39	2.61	2.47	1.65	0.63	1.24	1.44	0.19

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	- -	24.46	12.35	12.18	14.64	21.69	7.78	- -	16.67	416.11
Days Sales Outstanding	- -	14.92	29.55	29.98	24.93	16.83	46.89	- -	21.89	0.88
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	2,098.65
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.17
Accounts Payable Turnover	- -	55.08	32.24	42.56	171.87	659.5	124.59	- -	41.12	4,474.83
Accounts Payable Turnover Days	- -	6.63	11.32	8.58	2.12	0.55	2.93	- -	8.88	0.08
Cash Conversion Cycle	- -	8.3	18.22	21.4	22.8	16.28	43.96	30.37	13.02	0.97
Inventory to Cash Days	- -	14.92	29.55	29.98	24.93	16.83	46.89	36.35	21.89	0.7
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	1
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	1

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	- -	- -	1,202	1,383	1,049	439	176	111	457	533
- Cash & Cash Equivalents	6	123	423	286	218	225	55	144	90	41
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	2	4	1	2	- -	- -	- -	- -	- -	- -
+ Total Debt	27	27	233	372	392	334	174	13	17	560
Enterprise Value	8	-102	973	1,386	558	140	14	-110	343	1,052
Total Capital	-510	-384	997	1,157	1,674	1,431	800	551	571	957
Total Debt/Capital (%)	-5.35	-6.98	23.34	32.17	23.43	23.34	21.73	2.32	3.02	58.5
Total Debt / EV	3.52	-0.26	0.24	0.27	0.7	2.39	12.47	-0.12	0.05	0.53
EV/Sales	0.12	- -	6.13	6.73	1.78	0.23	0.05	- -	3.82	1.53
EV/EBITDA	0.29	- -	21.12	26.17	10.03	43.15	- -	- -	33.84	9.18
EV/EBIT	0.29	- -	21.61	26.93	10.3	73.43	- -	- -	4.79	- -
EV/Cash Flow to Firm	0.65	- -	33.55	22.34	- -	- -	- -	6.08	- -	- -
EV/Free Cash Flow to Firm	0.63	- -	31.3	20.32	- -	- -	- -	6.08	3.93	42.14
Diluted Market Cap	- -	- -	1,202	1,389	1,064	455	179	129	513	425
Diluted Enterprise Value	23	-92	1,012	1,477	1,237	564	298	-2	439	943
EV per Share	0.26	- -	32.14	45.89	18.62	5	0.52	4.09	16.54	29.59
TTM Sales	63	161	159	206	314	615	287	- -	90	688
TTM EBITDA	27	75	46	53	56	3	-133	-7	10	115
TTM Operating Income	27	74	45	51	54	2	-135	-7	-2	-2
TTM Cash Flow to Firm	12	92	29	62	-95	-65	-79	146	-41	-90
TTM Free Cash Flow to Firm	12	93	31	68	-94	-62	-78	146	87	25

Multiples (USD)

Valuation Multiples API ChatGPT

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	- -	- -	41.52	20.86	-11.28	-7.53	-2.2	0.88	5.88	85.85
EV/EBIT	0.29	- -	21.61	26.93	10.3	73.43	- -	- -	4.79	- -
Enterprise Value	8	-102	973	1,386	558	140	14	-110	343	1,052
Low Price	- -	- -	35.9	22.6	21	13	6.1	4.6	4.77	11.2
EV/Sales	0.12	- -	6.13	6.73	1.78	0.23	0.05	- -	3.82	1.53
EV/EBITDA	0.29	- -	21.12	26.17	10.03	43.15	- -	- -	33.84	9.18
Price/Earnings	- -	- -	27.32	24.79	2.04	- -	- -	- -	11	- -
Price/Earnings Average	- -	- -	32.31	18.01	1.79	-653.72	-2.22	-26.48	5.06	-0.96
Price/Earnings High	- -	- -	47.83	27.61	4.08	-2,119.35	-3.25	-33.51	24.14	-1.31
Price/Earnings Low	- -	- -	24.71	12.23	1.22	-281.14	-1.04	-20.41	2.38	-0.51
Price/Book Value	- -	- -	1.57	1.77	0.82	0.4	0.28	0.21	0.82	1.34
Price/Book Value Average	- -	- -	1.86	1.28	0.72	0.77	0.56	0.24	0.38	1.88
Price/Book Value High	- -	- -	2.76	1.97	1.64	2.5	0.82	0.31	1.81	2.58
Price/Book Value Low	- -	- -	1.42	0.87	0.49	0.33	0.26	0.19	0.18	1
Price/Tangible Book Value	- -	- -	1.62	1.83	0.84	0.41	0.29	0.21	0.82	1.34
Price/Tangible Book Value Average	- -	- -	1.92	1.33	0.74	0.79	0.59	0.24	0.38	1.88
Price/Tangible Book Value High	- -	- -	2.84	2.04	1.67	2.57	0.86	0.31	1.81	2.58
Price/Tangible Book Value Low	- -	- -	1.46	0.9	0.5	0.34	0.28	0.19	0.18	1
Price/Sales	- -	- -	7.58	6.73	3.35	0.74	0.62	- -	5.09	0.62
Price/Sales Average	- -	- -	8.96	4.89	2.95	1.42	1.25	- -	2.34	0.87
Price/Sales High	- -	- -	13.26	7.49	6.7	4.62	1.82	- -	11.18	1.19
Price/Sales Low	- -	- -	6.85	3.32	2.01	0.61	0.58	- -	1.1	0.46
Price/Cash Flow	- -	- -	44.75	22.92	-11.05	-7.17	-2.18	0.85	-11.22	-3.87
Price/Cash Flow Average	- -	- -	52.93	16.65	-9.73	-13.81	-4.35	0.99	-5.16	-5.42
Price/Cash Flow High	- -	- -	78.34	25.52	-22.11	-44.78	-6.37	1.25	-24.63	-7.43
Price/Cash Flow Low	- -	- -	40.47	11.31	-6.63	-5.94	-2.03	0.76	-2.43	-2.89
Price/Free Cash Flow Average	- -	- -	49.11	15.16	-9.92	-14.49	-4.38	1.04	2.7	120.36
Price/Free Cash Flow High	- -	- -	72.68	23.23	-22.55	-46.98	-6.42	1.31	12.9	164.84
Price/Free Cash Flow Low	- -	- -	37.55	10.29	-6.77	-6.23	-2.05	0.8	1.27	64.1
EV/Sales Average	0.37	- -	7.76	5.31	3.49	1.55	1.64	- -	1.52	1.84
EV/Sales High	0.37	- -	12.06	7.91	7.23	4.63	2.21	- -	10.34	2.24
EV/Sales Low	0.37	- -	5.65	3.74	2.56	0.77	0.99	- -	0.29	1.33
EV/EBITDA Average	0.86	-1.23	26.73	20.64	19.71	294.34	-3.55	0.18	13.49	11.05
EV/EBITDA High	0.86	-1.23	41.54	30.74	40.81	879	-4.78	-4.81	91.58	13.46
EV/EBITDA Low	0.86	-1.23	19.46	14.55	14.43	145.72	-2.14	4.48	2.54	8
EV/EBIT Average	0.87	-1.24	27.35	21.24	20.24	500.87	-3.49	0.17	-80.66	-520.35
EV/EBIT High	0.87	-1.24	42.51	31.64	41.91	1,495.76	-4.69	-4.74	-547.56	-633.85
EV/EBIT Low	0.87	-1.24	19.91	14.97	14.82	247.96	-2.1	4.41	-15.22	-376.77
Last Price	- -	- -	39.7	45.8	35	15.7	6.54	5.1	22	15
High Price	- -	- -	69.5	51	70	98	19.1	7.55	48.3	28.8
Enterprise Value Average	23	-92	1,232	1,093	1,097	954	471	-1	137	1,266
Enterprise Value High	23	-92	1,914	1,628	2,272	2,848	634	33	929	1,542
Enterprise Value Low	23	-92	897	770	803	472	283	-31	26	917

Shares Outstanding	30	30	30	30	30	28	27	22	21	36
Diluted Weighted Avg Shares	26	26	30	30	30	29	27	25	23	28
Basic Weighted Avg Shares	26	26	30	30	30	29	27	24	21	28
Revenue per Share	2.41	6.22	5.24	6.81	10.45	21.22	10.47	- -	4.32	24.29
EBITDA per Share	1.03	2.89	1.52	1.75	1.85	0.11	-4.84	-0.28	0.49	4.04
Operating Income per Share	1.02	2.87	1.49	1.7	1.8	0.07	-4.93	-0.29	-0.08	-0.09
Basic EPS, GAAP	0.72	2.01	1.45	1.85	17.16	-0.05	-5.88	-0.23	2	-21.95
Basic EPS from Cont Ops	0.74	2.06	1.47	1.91	17.18	-0.05	-5.88	0.12	0.23	-15.98
Diluted EPS, GAAP	0.72	2.01	1.45	1.84	16.97	-0.05	-5.88	-0.22	1.79	-21.95
Diluted EPS from Cont Ops	0.74	2.06	1.47	1.91	16.99	-0.05	-5.88	0.12	0.2	-15.98
Dividend per Share	0.01	- -	0.13	1.22	1.36	5.17	9.89	- -	- -	- -
Cash Flow per Share	0.46	3.48	0.89	2	-3.17	-2.19	-3	6.02	-1.96	-3.88
Free Cash Flow per Basic Share	0.45	3.43	0.82	1.8	-3.19	-2.29	-3.02	6.02	-8.11	-7.93
Cash & Equivalents per Share	0.72	4.39	15.26	12.3	29.46	22.64	12.48	10.72	6.29	1.16
Book Value per Share	-17.85	-13.72	25.21	25.93	42.77	39.24	23.24	24.72	26.68	11.17
Tangible Book Value per Share	-17.86	-13.73	24.51	25.03	41.8	38.15	22.18	24.41	26.68	11.17

Cango Inc.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)