Cango

Cango Liabilities

The The Liabilities of Cango (CANG) as of Nov 8, 2026 is 12.76 B CNY. In the previous year, The Liabilities was 5.64 B CNY — a change of 126.32% (higher).

Liabilities

12.76 BCNY

YoY

126.32%

Last updated:

In 2024, Cango's total liabilities amounted to 12.76 B CNY, a 126.32% difference from the 5.64 B CNY total liabilities in the previous year.

The Cango Liabilities history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Liabilities
Date
Liabilities
Jan 1, 2017
5.17 B CNY
Jan 1, 2018
13.88 B CNY
Jan 1, 2019
22.08 B CNY
Jan 1, 2020
25.55 B CNY
Jan 1, 2021
26.80 B CNY
Jan 1, 2022
18.25 B CNY
Jan 1, 2023
5.64 B CNY
Jan 1, 2024
12.76 B CNY
The Cango Liabilities history
YEARLiabilitiesYoY
12.76 BCNY+126.32%
5.64 BCNY-69.12%
18.25 BCNY-31.92%
26.80 BCNY+4.93%
25.55 BCNY+15.71%
22.08 BCNY+59.05%
13.88 BCNY+168.55%
5.17 BCNY+47.01%
3.52 BCNY—

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Cango Stock analysis

What does Cango do? Cango, Inc. generates revenue through its automotive transaction service platform that connects dealers, financial institutions, and car buyers. The company offers automotive financing facilitation, transaction facilitation, and after-market services facilitation, including credit origination, assessment, servicing, and delinquent asset management. Additional services include car sourcing, logistics, warehousing support for dealers, and facilitation of car purchases for buyers. The company also facilitates after-market services such as insurance policy sales, providing personal accident insurances and automotive insurances through its platform. Cango's primary customers are dealers, financial institutions, and car buyers who use its integrated solutions for automotive financing transactions and vehicle purchases. Dealers benefit from car sourcing, logistics, and warehousing support, while financial institutions utilize credit assessment and servicing services. Car buyers access financing options and insurance products via the platform, with insurance policies sourced from brokers or companies. The company's revenue streams include fees for facilitating automotive transactions, financing services, and after-market insurance sales. Dealers pay for sourcing and logistics support, financial institutions pay for credit assessment and servicing, and car buyers purchase insurance products directly through the platform. These services are delivered through Cango's integrated platform that supports the full lifecycle of automotive financing transactions. Cango is one of the most popular companies on Eulerpool.

Liabilities Details

Assessing Cango's Liabilities

Cango's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Cango's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing Cango's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

Cango's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in Cango’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about Cango stock

The Liabilities of Cango is 12.76 B CNY in 2024.

The Liabilities of Cango changed from 5.64 B CNY to 12.76 B CNY, representing a 126.32% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of The Liabilities Cango since 2006 – with annual values, charts, and detailed analysis.

The Liabilities's CNY is a key factor for investors. Changes in this metric can signal improving or deteriorating fundamentals, directly impacting the stock price. On Eulerpool, you can track The Liabilities's Cango historically and in real time.

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Balance Sheet — Cango

All Key Metrics — Cango