Cango

Cango Net Debt/Equity

The Net Debt to Equity Ratio of Cango (CANG) as of Nov 8, 2026 is -0.59. In the previous year, Net Debt to Equity Ratio was -0.42 — a change of 38.56% (lower).

Net Debt/Equity

-0.59

YoY

38.56%

Last updated:

Net Debt to Equity Ratio of Cango is 2024 -0.59 . Net Debt to Equity Ratio of Cango was 2023 -0.42 . It decreases by 38.56% lower compared to the previous year.

The Cango Net Debt/Equity history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Net Debt/Equity
Date
Net Debt/Equity
Jan 1, 2017
-0.56 CNY
Jan 1, 2018
-0.30 CNY
Jan 1, 2019
0.00 CNY
Jan 1, 2020
-0.38 CNY
Jan 1, 2021
-0.27 CNY
Jan 1, 2022
-0.28 CNY
Jan 1, 2023
-0.42 CNY
Jan 1, 2024
-0.59 CNY
The Cango Net Debt/Equity history
YEARNet Debt/EquityYoY
-0.59+38.56%
-0.42+51.63%
-0.28+2.35%
-0.27-28.80%
-0.38-42,051.24%
0.00-100.30%
-0.30-46.31%
-0.56-381.42%
0.20—

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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.

Frequently Asked Questions about Cango stock

Net Debt to Equity Ratio of Cango is -0.59 in 2024.

Net Debt to Equity Ratio of Cango changed from -0.42 to -0.59, representing a 38.56% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Net Debt to Equity Ratio Cango since 2006 – with annual values, charts, and detailed analysis.

Net Debt/Equity adjusts the debt-to-equity ratio by subtracting cash from total debt. It provides a more accurate picture of actual leverage.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Net Debt to Equity Ratio's Cango with sector peers and the industry average to assess whether it is attractive.

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Leverage — Cango

All Key Metrics — Cango