Cango Inc. (CANG) Financials

$5.10

south_east
-$0.15 (-2.86%)
Day's range
$4.96
Day's range
$5.57

CANG Income statement / Annual

Last year (2023), Cango Inc.'s total revenue was $1.70 B, a decrease of 14.06% from the previous year. In 2023, Cango Inc.'s net income was -$37.87 M. See Cango Inc.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2023 FY-2022 FY-2021 FY-2020 FY-2019 FY-2018 FY-2017 FY-2016
Period Ended 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016
Operating Revenue $1.70 B $1.98 B $3.92 B $2.05 B $1.44 B $1.09 B $1.05 B $434.28 M
Cost of Revenue $1.51 B $1.83 B $2.96 B $1.10 B $539.27 M $434.35 M $386.05 M $170.04 M
Gross Profit $190.06 M $150.36 M $963.71 M $954.31 M $900.80 M $657.06 M $666.15 M $264.24 M
Gross Profit Ratio 0.11 0.08 0.25 0.46 0.63 0.6 0.63 0.61
Research and Development Expenses $30.11 M $45.96 M $70.28 M $62.60 M $57.41 M $46.71 M $19.42 M $5.00 M
General & Administrative Expenses $156.97 M $299.55 M $473.93 M $267.96 M $270.81 M $151.08 M $101.28 M $35.29 M
Selling & Marketing Expenses $38.92 M $132.78 M $239.33 M $195.89 M $192.81 M $167.24 M $114.15 M $39.54 M
Selling, General & Administrative Expenses $195.89 M $432.32 M $713.26 M $463.85 M $463.62 M $318.32 M $215.42 M $74.83 M
Other Expenses $37.80 M $619.22 M $203.42 M $109.56 M $56.48 M $32.70 M $379,272.00 $8.43 M
Operating Expenses $263.81 M $1.10 B $986.96 M $636.01 M $577.51 M $380.34 M $180.69 M $79.83 M
Cost And Expenses $1.78 B $2.93 B $3.94 B $1.73 B $1.12 B $814.69 M $566.75 M $249.87 M
Interest Income $79.16 M $43.73 M $50.37 M $72.81 M $96.00 M $61.47 M $16.16 M $4.10 M
Interest Expense $4.10 M $16.81 M $14.48 M $2.76 M $13.46 M $19.01 M $12.99 M $449,690.00
Depreciation & Amortization $18.64 M $17.49 M $8.51 M $9.54 M $10.47 M $7.19 M $2.97 M $1.50 M
EBITDA $78.33 M -$947.14 M $35.30 M $439.40 M $511.74 M $422.21 M $484.43 M $186.65 M
EBITDA Ratio 0.05 -0.43 0.02 0.21 0.34 0.38 0.48 0.43
Operating Income Ratio -0.04 -0.48 0.01 0.21 0.34 0.25 0.45 0.42
Total Other Income/Expenses Net $129.33 M $72.63 M $35.56 M $3.42 B $2.15 M $119.29 M -$1.56 M $2.09 M
Income Before Tax $55.58 M -$874.51 M $12.31 M $3.74 B $487.82 M $396.01 M $468.46 M $186.50 M
Income Before Tax Ratio 0.03 -0.44 0 1.82 0.34 0.36 0.45 0.43
Income Tax Expense $93.46 M $236.70 M $20.85 M $369.85 M $82.96 M $89.08 M $119.40 M $53.01 M
Net Income -$37.87 M -$1.11 B -$8.54 M $3.37 B $390.91 M $302.69 M $341.01 M $128.91 M
Net Income Ratio -0.02 -0.56 -0 1.64 0.27 0.28 0.32 0.3
EPS -0.155 -4.055 -0.02945 11.215 1.295 1.085 1.35 0.51
EPS Diluted -0.155 -4.055 -0.02945 11.09 1.29 1.08 1.35 0.51
Weighted Average Shares Out $243.05 M $274.08 M $289.89 M $303.90 M $303.03 M $280.87 M $252.83 M $252.83 M
Weighted Average Shares Out Diluted $243.05 M $274.08 M $289.89 M $303.90 M $303.28 M $280.87 M $252.83 M $252.83 M
Link