Deferred Tax Assets, Valuation Allowance of Cango Inc. from 31 Dec 2019 to 31 Dec 2024

Taxonomy & unit
us-gaap: USD and CNY
Description
Amount of deferred tax assets for which it is more likely than not that a tax benefit will not be realized.
Summary
Cango Inc. quarterly Deferred Tax Assets, Valuation Allowance in USD history and change rate from 31 Dec 2019 to 31 Dec 2024.
  • Cango Inc. Deferred Tax Assets, Valuation Allowance for the quarter ending 31 Dec 2024 was $72,745,335, a 4.2% decline year-over-year.
Cango Inc. quarterly Deferred Tax Assets, Valuation Allowance in CNY history and change rate from 31 Dec 2019 to 31 Dec 2024.
  • Cango Inc. Deferred Tax Assets, Valuation Allowance for the quarter ending 31 Dec 2024 was ¥530,990,019, a 1.5% decline year-over-year.
Source SEC data
View on sec.gov
Deferred Tax Assets, Valuation Allowance, Quarterly (USD)
Deferred Tax Assets, Valuation Allowance, YoY Quarterly Change (%)
Deferred Tax Assets, Valuation Allowance, Quarterly (CNY)
Deferred Tax Assets, Valuation Allowance, YoY Quarterly Change (%)

Cango Inc. Quarterly Deferred Tax Assets, Valuation Allowance (USD)

Period Value YoY Chg Change % Date Report Filed Fiscal Year Fiscal Period
Q4 2024 $72,745,335 -$3,186,665 -4.2% 31 Dec 2024 20-F 27 Mar 2025 2024 FY
Q4 2023 $75,932,000 +$10,983,155 +17% 31 Dec 2023 20-F 26 Apr 2024 2023 FY
Q4 2022 $64,948,845 +$62,287,471 +2340% 31 Dec 2022 20-F 26 Apr 2023 2022 FY
Q4 2021 $2,661,374 +$1,565,748 +143% 31 Dec 2021 20-F 26 Apr 2022 2021 FY
Q4 2020 $1,095,626 31 Dec 2020 20-F 27 Apr 2021 2020 FY

Cango Inc. Quarterly Deferred Tax Assets, Valuation Allowance (CNY)

Period Value YoY Chg Change % Date Report Filed Fiscal Year Fiscal Period
Q4 2024 ¥530,990,019 -¥8,119,586 -1.5% 31 Dec 2024 20-F 27 Mar 2025 2024 FY
Q4 2023 ¥539,109,605 +¥91,144,429 +20% 31 Dec 2023 20-F 27 Mar 2025 2024 FY
Q4 2022 ¥447,965,176 +¥431,005,306 +2541% 31 Dec 2022 20-F 26 Apr 2024 2023 FY
Q4 2021 ¥16,959,870 +¥9,810,909 +137% 31 Dec 2021 20-F 26 Apr 2023 2022 FY
Q4 2020 ¥7,148,961 -¥2,412,194 -25% 31 Dec 2020 20-F 26 Apr 2022 2021 FY
Q4 2019 ¥9,561,155 31 Dec 2019 20-F 27 Apr 2021 2020 FY
* An asterisk sign (*) next to the value indicates that the value is likely invalid.