See more : Brunello Cucinelli S.p.A. (BC.MI) Income Statement Analysis – Financial Results
Complete financial analysis of Cango Inc. (CANG) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Cango Inc., a leading company in the Auto – Dealerships industry within the Consumer Cyclical sector.
You may be interested
- Jiangsu Lihua Animal Husbandry Co., Ltd. (300761.SZ) Income Statement Analysis – Financial Results
- Trutankless, Inc. (TKLS) Income Statement Analysis – Financial Results
- Zhejiang Zhengte Co., Ltd. (001238.SZ) Income Statement Analysis – Financial Results
- HIVE Blockchain Technologies Ltd. (HVBT) Income Statement Analysis – Financial Results
- Jasmine International Public Company Limited (JAS.BK) Income Statement Analysis – Financial Results
Cango Inc. (CANG)
About Cango Inc.
Cango Inc. operates an automotive transaction service platform that connects dealers, original equipment manufacturer, financial institutions, car buyers, and other industry participants in the People's Republic of China. The company offers automobile trading solutions, including car sourcing, logistics, and warehousing support for dealers; and facilitation of car purchases for car buyers. It also facilitates automotive financing services that include facilitating financing transactions from financial institutions to car buyers; and after-market services to car buyers, which includes facilitating the sale of insurance policies from insurance brokers or companies. The company was founded in 2010 and is headquartered in Shanghai, the People's Republic of China.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.70B | 1.98B | 3.92B | 2.05B | 1.44B | 1.09B | 1.05B | 434.28M |
| Cost of Revenue | 1.51B | 1.83B | 2.96B | 1.10B | 539.27M | 434.35M | 386.05M | 170.04M |
| Gross Profit | 190.06M | 150.36M | 963.71M | 954.31M | 900.80M | 657.06M | 666.15M | 264.24M |
| Gross Profit Ratio | 11.17% | 7.59% | 24.57% | 46.50% | 62.55% | 60.20% | 63.31% | 60.84% |
| Research & Development | 30.11M | 45.96M | 70.28M | 62.60M | 57.41M | 46.71M | 19.42M | 5.00M |
| General & Administrative | 156.97M | 299.55M | 473.93M | 267.96M | 270.81M | 151.08M | 101.28M | 35.29M |
| Selling & Marketing | 38.92M | 132.78M | 239.33M | 195.89M | 192.81M | 167.24M | 114.15M | 39.54M |
| SG&A | 195.89M | 432.32M | 713.26M | 463.85M | 463.62M | 318.32M | 215.42M | 74.83M |
| Other Expenses | 37.80M | 619.22M | 203.42M | 109.56M | 56.48M | 32.70M | 379.27K | 8.43M |
| Operating Expenses | 263.81M | 1.10B | 986.96M | 636.01M | 577.51M | 380.34M | 180.69M | 79.83M |
| Cost & Expenses | 1.78B | 2.93B | 3.94B | 1.73B | 1.12B | 814.69M | 566.75M | 249.87M |
| Interest Income | 79.16M | 43.73M | 50.37M | 72.81M | 96.00M | 61.47M | 16.16M | 4.10M |
| Interest Expense | 4.10M | 16.81M | 14.48M | 2.76M | 13.46M | 19.01M | 12.99M | 449.69K |
| Depreciation & Amortization | 18.64M | 17.49M | 8.51M | 9.54M | 10.47M | 7.19M | 2.97M | 1.50M |
| EBITDA | 78.33M | -947.14M | 35.30M | 439.40M | 511.74M | 422.21M | 484.43M | 186.65M |
| EBITDA Ratio | 4.60% | -43.11% | 1.59% | 21.41% | 34.45% | 37.89% | 48.45% | 43.39% |
| Operating Income | -73.75M | -947.14M | 53.91M | 429.86M | 485.67M | 276.72M | 470.02M | 184.41M |
| Operating Income Ratio | -4.33% | -47.82% | 1.37% | 20.94% | 33.73% | 25.35% | 44.67% | 42.46% |
| Total Other Income/Expenses | 129.33M | 72.63M | 35.56M | 3.42B | 2.15M | 119.29M | -1.56M | 2.09M |
| Income Before Tax | 55.58M | -874.51M | 12.31M | 3.74B | 487.82M | 396.01M | 468.46M | 186.50M |
| Income Before Tax Ratio | 3.27% | -44.16% | 0.31% | 182.38% | 33.87% | 36.28% | 44.52% | 42.94% |
| Income Tax Expense | 93.46M | 236.70M | 20.85M | 369.85M | 82.96M | 89.08M | 119.40M | 53.01M |
| Net Income | -37.87M | -1.11B | -8.54M | 3.37B | 390.91M | 302.69M | 341.01M | 128.91M |
| Net Income Ratio | -2.23% | -56.11% | -0.22% | 164.17% | 27.15% | 27.73% | 32.41% | 29.68% |
| EPS | -0.31 | -8.11 | -0.06 | 22.42 | 5.17 | 2.00 | 2.30 | 0.87 |
| EPS Diluted | -0.31 | -8.11 | -0.06 | 22.18 | 5.17 | 2.00 | 2.30 | 0.87 |
| Weighted Avg Shares Out | 121.52M | 137.04M | 144.95M | 150.24M | 75.59M | 151.40M | 147.95M | 147.95M |
| Weighted Avg Shares Out (Dil) | 121.52M | 137.04M | 144.95M | 151.95M | 75.59M | 151.40M | 147.95M | 147.95M |
Financial Contrast: Bottomline Technologies (NASDAQ:EPAY) & Cango (NASDAQ:CANG)
Bottomline Technologies (NASDAQ:EPAY) and Cango (NYSE:CANG) are both small-cap computer and technology companies, but which is the superior business? We will compare the two businesses based on the strength of their dividends, earnings, institutional ownership, risk, valuation, profitability and analyst...
Brokerages Anticipate Cango Inc - (NYSE:CANG) to Announce $0.09 EPS
Cango Inc – (NYSE:CANG) has earned a consensus broker rating score of 3.00 (Hold) from the one analysts that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a hold rating. Cango’s rating score has...
Zacks: Brokerages Anticipate Cango Inc - (NYSE:CANG) to Announce $0.09 Earnings Per Share
Brokerages expect Cango Inc – (NYSE:CANG) to report earnings per share (EPS) of $0.09 for the current fiscal quarter, Zacks reports. Zero analysts have provided estimates for Cango’s earnings. Cango also posted earnings per share of $0.09 during the same...
Zacks: Analysts Set $8.80 Target Price for Cango Inc - (NYSE:CANG)
Cango Inc – (NYSE:CANG) has earned a consensus broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One research analyst has rated the stock with a hold rating. Cango’s...
Head-To-Head Analysis: QAD (NASDAQ:QADA) versus Cango (NASDAQ:CANG)
Cango (NYSE:CANG) and QAD (NASDAQ:QADA) are both small-cap computer and technology companies, but which is the better investment? We will contrast the two companies based on the strength of their dividends, institutional ownership, earnings, analyst recommendations, valuation, profitability and risk....
Cango Inc (CANG) Q4 2019 Earnings Call Transcript
CANG earnings call for the period ending December 31, 2019.
Cango, Inc. (Cayman island) to Host Earnings Call
NEW YORK, NY / ACCESSWIRE / March 23, 2020 / Cango, Inc. (Cayman island) (NYSE:CANG) will be discussing their earnings results in their 2019 Fourth Quarter Earnings call to be held on March 23, 2020 at ...
6 Stocks To Watch For March 23, 2020
Some of the stocks that may grab investor focus today are: Cummins Inc. (NYSE: CMI) disclosed that it its withdrawing its guidance for full year 2020. The company said it...
Cango (CANG) Set to Announce Quarterly Earnings on Monday
Cango (NYSE:CANG) is scheduled to be issuing its quarterly earnings data after the market closes on Monday, March 23rd. Parties that are interested in participating in the company’s conference call can do so using this link. Shares of NYSE CANG...
CLPS (NASDAQ:CLPS) and Cango (NASDAQ:CANG) Financial Comparison
Cango (NYSE:CANG) and CLPS (NASDAQ:CLPS) are both small-cap computer and technology companies, but which is the superior investment? We will compare the two businesses based on the strength of their valuation, institutional ownership, analyst recommendations, profitability, earnings, dividends and risk....
Source: https://incomestatements.info
Category: Stock Reports