Overview Financials News + Filings Key Docs Ownership
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| In millions of CNY, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 |
| | 20-F | 20-F | 20-F | 20-F | 20-F |
| ASSETS | | | | | |
| Current assets | | | | | |
| Cash and cash equivalents | 1,434.8 | 1,426.9 | 2,002.3 | 2,912.9 | 803.3 |
| Restricted cash – current | 61.3 | 9.7 | | | |
| Short-term investments | 2,598.9 | 4,342.4 | 597.3 | 265.9 | 62.4 |
| Accounts receivable, net of allowance of RMB nil and RMB nil (US$ nil) as of December 31, 2020 and 2021, respectively | 223.5 | 141.6 | 148.6 | 86.5 | 85.6 |
| Finance lease receivables - current, net of allowance of RMB18,097,313 and RMB25,274,933 (US$3,966,189) as of December 31, 2020 and 2021, respectively | 1,414.2 | 2,035.4 | | | |
| Short-term consumer financing receivables, net of allowance of RMB2,304,639 and RMB nil (US$ nil) as of December 31, 2020 and 2021, respectively | | 0.0 | | | |
| Financing receivables, net of allowance of RMB16,265,330 and RMB50,492,700 (US$7,923,406) as of December 31, 2020 and 2021, respectively | 62.3 | 20.1 | 9.1 | 5.4 | 0.8 |
| Short-term contract asset | 829.9 | 364.6 | 20.7 | | |
| Prepayments and other current assets | 1,004.8 | 582.8 | 117.4 | 61.3 | 144.9 |
| Total current assets | 7,607.9 | 8,899.0 | 5,540.8 | 4,754.6 | 1,108.3 |
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| Non-current assets | | | | | |
| Restricted cash - non-current | 1,114.2 | 878.3 | 873.7 | 668.6 | 319.4 |
| Goodwill | 148.7 | 145.1 | 145.1 | 145.1 | |
| Property and equipment, net | 19.5 | 10.3 | 14.7 | 18.3 | 9.8 |
| Intangible assets | 45.9 | 44.9 | 44.8 | 1.7 | |
| Long-term contract asset | 495.5 | 281.4 | 11.7 | | |
| Deferred tax assets | 474.6 | 171.0 | 100.7 | 100.2 | 67.8 |
| Finance lease receivables - non-current, net of allowance of RMB5,629,107 and RMB6,941,826 (US$1,089,324) as of December 31, 2020 and 2021, respectively | 1,029.3 | 1,454.5 | | | |
| Other non-current assets | 11.6 | 261.5 | 8.4 | 36.7 | 11.0 |
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| Total non-current assets | | | | | |
| TOTAL ASSETS | 10,947.1 | 12,145.9 | 8,736.6 | 7,301.1 | 1,996.9 |
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| LIABILITIES AND SHAREHOLDERS' EQUITY | | | | | |
| Current liabilities | | | | | |
| Short-term borrowings | 579.8 | 355.8 | 1,439.7 | 660.0 | |
| Long-term debts – current | 938.0 | 1,228.8 | 863.4 | 467.2 | |
| Accrued expenses and other current liabilities | 719.0 | 324.7 | 278.7 | 211.5 | 328.5 |
| Risk assurance liabilities | 699.0 | 460.8 | 260.0 | 173.2 | 129.9 |
| Income tax payable | 481.9 | 87.1 | 67.3 | 53.5 | 62.3 |
| Total current liabilities | 3,417.7 | 2,457.3 | 2,909.1 | 1,565.4 | 526.3 |
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| Non-current liabilities | | | | | |
| Long-term borrowings | 486.4 | 977.8 | 301.7 | 472.8 | 175.0 |
| Deferred tax liability | 51.5 | 330.8 | 12.3 | | |
| Other non-current liabilities | 1.0 | 4.9 | 21.8 | 7.6 | 35.6 |
| Total non-current liabilities | 538.8 | 1,313.4 | 335.8 | 480.4 | 210.6 |
| Total liabilities | 3,956.5 | 3,770.7 | 3,244.9 | 2,045.8 | 736.9 |
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| Commitments and contingencies | | | | | |
| Shareholders' equity | | | | | |
| Ordinary shares | | | | | |
| Treasury shares | -485.3 | -56.4 | -20.6 | | |
| Additional paid-in capital | 4,671.8 | 4,591.5 | 4,526.3 | 4,444.1 | 4.1 |
| Accumulated other comprehensive loss | -187.5 | -115.4 | 119.4 | 109.5 | -0.4 |
| Retained earnings | 2,991.4 | 3,955.4 | 852.5 | 698.0 | -2,711.4 |
| Total Cango Inc.'s equity | 6,990.6 | 8,375.2 | 5,477.8 | 5,251.8 | -2,707.6 |
| Total shareholders' equity | 6,990.6 | 8,375.2 | 5,491.7 | 5,255.4 | -2,681.8 |
| TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY | 10,947.1 | 12,145.9 | 8,736.6 | 7,301.1 | 1,996.9 |
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