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Cango Inc.: 20-F filed 2023-04-26

What Cango Inc. reported in its annual report (foreign private issuer) filed 2023-04-26 (fiscal FY 2022): 50 published measures, 181 facts as tagged in accession 0001193125-23-116506.

This filing

Form
20-F (annual report (foreign private issuer))
Filed
2023-04-26
Fiscal period
fiscal FY 2022
Accession
0001193125-23-116506 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All Cango Inc. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2022-12-317,016,252,333CNY
At 2021-12-3110,947,104,032CNY
At 2022-12-311,017,260,967USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2022-12-312,694,343,328CNY
At 2021-12-313,956,537,211CNY
At 2022-12-31390,643,064USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2022-12-314,321,909,005CNY
At 2021-12-316,990,566,821CNY
At 2022-12-31626,617,903USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2022-12-31378,917,318CNY
At 2021-12-311,434,806,922CNY
At 2020-12-311,426,899,576CNY
At 2022-12-3154,937,847USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2022-01-01 to 2022-12-31-1,111,207,883CNY365
2021-01-01 to 2021-12-31-8,544,352CNY365
2020-01-01 to 2020-12-313,369,517,847CNY366
2022-01-01 to 2022-12-31-161,109,996USD365

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2022-01-01 to 2022-12-31-567,385,052CNY365
2021-01-01 to 2021-12-31-404,390,831CNY365
2020-01-01 to 2020-12-31-621,612,202CNY366
2022-01-01 to 2022-12-31-82,263,099USD365

Contract revenue excluding tax

Revenue from customer contracts excluding assessed taxes under this specific taxonomy concept. It is not automatically comparable to older revenue tags.

PeriodValueUnitDays
2022-01-01 to 2022-12-311,980,453,461CNY365
2021-01-01 to 2021-12-313,921,716,406CNY365
2020-01-01 to 2020-12-312,052,431,752CNY366
2022-01-01 to 2022-12-31287,138,761USD365

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2022-01-01 to 2022-12-31-2,990,208,748CNY365
2021-01-01 to 2021-12-31-1,946,434,308CNY365
2020-01-01 to 2020-12-31-380,822,429CNY366
2022-01-01 to 2022-12-31-433,539,516USD365

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2022-01-01 to 2022-12-311,959,528,803CNY365
2021-01-01 to 2021-12-312,661,222,986CNY365
2020-01-01 to 2020-12-31-493,563,047CNY366
2022-01-01 to 2022-12-31284,104,970USD365

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2022-12-319,109,587CNY
At 2021-12-312,991,373,063CNY
At 2022-12-311,320,766USD

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

PeriodValueUnitDays
2022-01-01 to 2022-12-31236,696,540CNY365
2021-01-01 to 2021-12-3120,852,646CNY365
2020-01-01 to 2020-12-31369,853,650CNY366
2022-01-01 to 2022-12-3134,317,772USD365

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2022-12-3114,689,988CNY
At 2021-12-3119,545,933CNY
At 2022-12-312,129,848USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

PeriodValueUnitDays
2022-01-01 to 2022-12-31158,522,520CNY365
2021-01-01 to 2021-12-3187,634,835CNY365
2020-01-01 to 2020-12-3178,754,828CNY366
2022-01-01 to 2022-12-3122,983,605USD365

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2022-01-01 to 2022-12-31-947,143,124CNY365
2021-01-01 to 2021-12-31-23,249,616CNY365
2020-01-01 to 2020-12-31318,296,924CNY366
2022-01-01 to 2022-12-31-137,322,844USD365

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2022-12-315,470,343,990CNY
At 2021-12-317,607,930,351CNY
At 2022-12-31793,125,325USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

PeriodValueUnitDays
2022-01-01 to 2022-12-3116,809,263CNY365
2021-01-01 to 2021-12-3114,481,195CNY365
2020-01-01 to 2020-12-312,758,629CNY366
2022-01-01 to 2022-12-312,437,113USD365

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2022-12-312,530,902,347CNY
At 2021-12-313,417,702,889CNY
At 2022-12-31366,946,350USD

Goodwill carrying amount

Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.

PeriodValueUnitDays
At 2022-12-31148,657,971CNY
At 2021-12-31148,657,971CNY
At 2020-12-31145,063,857CNY
At 2022-12-3121,553,380USD
At 2021-12-3123,327,680USD
At 2020-12-3122,232,009USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

PeriodValueUnitDays
At 2022-12-315,226,375CNY
At 2021-12-312,840,041CNY
At 2022-12-31757,754USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2022-12-31266,836,951CNY
At 2021-12-31223,544,396CNY
At 2022-12-3138,687,721USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2022-01-01 to 2022-12-312,927,596,585CNY365
2021-01-01 to 2021-12-313,944,966,022CNY365
2020-01-01 to 2020-12-311,734,134,828CNY366
2022-01-01 to 2022-12-31424,461,605USD365

Cost of revenue

Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.

PeriodValueUnitDays
2022-01-01 to 2022-12-311,830,089,773CNY365
2021-01-01 to 2021-12-312,958,009,872CNY365
2020-01-01 to 2020-12-311,098,120,749CNY366
2022-01-01 to 2022-12-31265,338,075USD365

Research and development expense

Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.

PeriodValueUnitDays
2022-01-01 to 2022-12-3145,958,842CNY365
2021-01-01 to 2021-12-3170,278,081CNY365
2020-01-01 to 2020-12-3162,596,195CNY366
2022-01-01 to 2022-12-316,663,406USD365

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

PeriodValueUnitDays
At 2022-12-311,282,483,134CNY
At 2021-12-312,610,280,765CNY
At 2020-12-312,314,891,724CNY
At 2019-12-313,846,982,723CNY
At 2022-12-31185,942,576USD
At 2021-12-31378,455,136USD

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

PeriodValueUnitDays
At 2022-12-314,805,240,472CNY
At 2021-12-314,671,769,821CNY
At 2022-12-31696,694,379USD

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

PeriodValueUnitDays
At 2022-12-3166,359,902CNY
At 2021-12-31-187,517,110CNY
At 2022-12-319,621,281USD

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

PeriodValueUnitDays
At 2022-12-314,321,909,005CNY
At 2021-12-316,990,566,821CNY
At 2020-12-318,375,209,137CNY
At 2019-12-315,491,660,291CNY
At 2022-12-31626,617,903USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

PeriodValueUnitDays
At 2022-12-3180,726,757CNY
At 2021-12-310CNY
At 2022-12-3111,704,280USD

Operating lease liability

Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.

PeriodValueUnitDays
At 2022-12-3186,446,281CNY
At 2022-12-3112,533,532USD

Long-term debt

Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.

PeriodValueUnitDays
At 2022-12-31641,012,693CNY
At 2021-12-311,424,386,034CNY
At 2022-12-3192,938,104USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

PeriodValueUnitDays
At 2022-12-3127,518,577CNY
At 2021-12-3126,923,641CNY
At 2022-12-313,989,819USD

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

PeriodValueUnitDays
At 2022-12-3148,317,878CNY
At 2021-12-3145,931,544CNY
At 2022-12-317,005,434USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

PeriodValueUnitDays
At 2022-12-316,633,517CNY
At 2021-12-3111,568,164CNY
At 2022-12-31961,770USD

Other noncurrent liabilities

Noncurrent liabilities the filer does not present separately. The composition differs by filer and is described only in the filing.

PeriodValueUnitDays
At 2022-12-31314,287CNY
At 2021-12-31991,610CNY
At 2022-12-3145,567USD

Prepaid expenses and other current assets

Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.

PeriodValueUnitDays
At 2022-12-311,356,822,028CNY
At 2021-12-31982,948,637CNY
At 2022-12-31196,720,702USD

Current contract liabilities

Consideration received before performance obligations are satisfied, often called deferred revenue. It is an obligation to deliver, not earned revenue or cash available.

PeriodValueUnitDays
At 2022-12-31145,841,630CNY
At 2021-12-3177,811,758CNY
At 2022-12-3121,145,049USD

Net deferred tax liabilities

Deferred tax liabilities net of related assets under this concept. The amount reflects timing differences and is not tax currently due.

PeriodValueUnitDays
At 2022-12-3110,724,133CNY
At 2021-12-3151,471,040CNY
At 2022-12-311,554,853USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

PeriodValueUnitDays
2022-01-01 to 2022-12-31-874,511,343CNY365
2021-01-01 to 2021-12-3112,308,294CNY365
2020-01-01 to 2020-12-313,743,273,711CNY366
2022-01-01 to 2022-12-31-126,792,224USD365

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

PeriodValueUnitDays
2022-01-01 to 2022-12-31-1,111,207,883CNY365
2021-01-01 to 2021-12-31-8,544,352CNY365
2020-01-01 to 2020-12-313,373,420,061CNY366
2022-01-01 to 2022-12-31-161,109,996USD365

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

PeriodValueUnitDays
2022-01-01 to 2022-12-31-857,330,871CNY365
2021-01-01 to 2021-12-31-80,675,035CNY365
2020-01-01 to 2020-12-313,134,700,682CNY366
2022-01-01 to 2022-12-31-124,301,289USD365

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

PeriodValueUnitDays
2022-01-01 to 2022-12-31299,545,363CNY365
2021-01-01 to 2021-12-31276,179,441CNY365
2020-01-01 to 2020-12-31265,691,411CNY366
2022-01-01 to 2022-12-3143,429,995USD365

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

PeriodValueUnitDays
2022-01-01 to 2022-12-315,483,032CNY365
2021-01-01 to 2021-12-317,926,513CNY365
2020-01-01 to 2020-12-319,150,590CNY366
2022-01-01 to 2022-12-31794,965USD365

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

PeriodValueUnitDays
2022-01-01 to 2022-12-316,740,027CNY365
2021-01-01 to 2021-12-318,514,969CNY365
2020-01-01 to 2020-12-319,544,137CNY366
2022-01-01 to 2022-12-31977,212USD365

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

PeriodValueUnitDays
2022-01-01 to 2022-12-3152,066,718CNY365
2021-01-01 to 2021-12-3141,911,589CNY365
2020-01-01 to 2020-12-3149,139,337CNY366
2022-01-01 to 2022-12-317,548,965USD365

Current income tax expense or benefit

Income tax expense or benefit for the period that is currently payable or refundable. It differs from cash taxes paid and from total tax expense.

PeriodValueUnitDays
2022-01-01 to 2022-12-31-134,629,133CNY365
2021-01-01 to 2021-12-31603,765,914CNY365
2020-01-01 to 2020-12-31121,701,686CNY366
2022-01-01 to 2022-12-31-19,519,390USD365

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

PeriodValueUnitDays
2022-01-01 to 2022-12-31371,325,673CNY365
2021-01-01 to 2021-12-31-582,913,268CNY365
2020-01-01 to 2020-12-31248,151,964CNY366
2022-01-01 to 2022-12-3153,837,162USD365

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

PeriodValueUnitDays
2022-01-01 to 2022-12-3183,133,433CNY365
2021-01-01 to 2021-12-31134,173,921CNY365
2020-01-01 to 2020-12-31139,952,105CNY366
2022-01-01 to 2022-12-3112,053,215USD365

Income taxes paid, net

Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.

PeriodValueUnitDays
2022-01-01 to 2022-12-3133,818,292CNY365
2021-01-01 to 2021-12-31209,044,264CNY365
2020-01-01 to 2020-12-31101,878,045CNY366
2022-01-01 to 2022-12-314,903,191USD365

Operating lease payments

Cash paid for operating lease liabilities during the period. It differs from lease expense recognized and excludes variable payments in some presentations.

PeriodValueUnitDays
2022-01-01 to 2022-12-3115,480,126CNY365
2022-01-01 to 2022-12-312,244,407USD365

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

PeriodValueUnitDays
2022-01-01 to 2022-12-3143,292,555CNY365
2021-01-01 to 2021-12-3178,030,840CNY365
2020-01-01 to 2020-12-31-6,968,776CNY366
2022-01-01 to 2022-12-316,276,830USD365

Inspect the source

Entity
Cango Inc. / CIK 0001725123
Captured
2026-09-21T17:25:12.054Z
SEC response SHA-256
91559625d7de4dc9691061129d983ac5ac734c6fa58437e0b4fdc0eb242a7608

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001725123.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))