Cango Inc. (CANG) intrinsic value & 10-year financials
Cango Inc. (CANG) has a Graham intrinsic value of CNY 27.19 per share.
- Graham intrinsic value
- CNY 27.19
- Revenue (FY2025)
- —
- Revenue growth (10-yr CAGR)
- 8.0%
- ROIC (10-yr avg)
- -95.0%
- Free cash flow (FY2025)
- —
CANG 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | — | — | — | — | — | — |
| FY2024 | CNY 804.5M | CNY 299.8M | — | -CNY 310.8M | 22.2% | 6.1% |
| FY2023 | CNY 1.7B | -CNY 37.9M | — | CNY 1.0B | -4.3% | -1.0% |
| FY2022 | CNY 2.0B | -CNY 1.1B | — | -CNY 572.0M | -47.8% | -16.3% |
| FY2021 | CNY 3.9B | -CNY 8.5M | — | -CNY 423.3M | -0.6% | -0.1% |
| FY2020 | CNY 2.1B | CNY 3.4B | — | -CNY 627.0M | 15.5% | 4.2% |
| FY2019 | CNY 1.4B | CNY 390.9M | — | CNY 379.9M | 22.5% | 6.7% |
| FY2018 | CNY 1.1B | CNY 302.7M | — | CNY 170.4M | 25.4% | -749.6% |
| FY2017 | CNY 1.1B | CNY 341.0M | — | CNY 579.7M | 44.7% | -10.4% |
| FY2016 | CNY 434.3M | CNY 128.9M | — | CNY 80.5M | 42.5% | — |
Source: annual 10-K filings on SEC EDGAR. Figures in CNY.
Executive summary
Cango Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Cango Inc. has historically struggled to out-earn its cost of capital, averaging just -2.3% ROIC.
Cango Inc. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Cango Inc. is modeled at 8.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $27.19 per share.