Cango Inc. (CANG)

USD 8.0

(15.77%)

Gross Profit Summary of Cango Inc.

Cango Inc.'s latest annual gross profit in 2023 was 190.05 Million CNY , up 26.4% from previous year.
Cango Inc.'s latest quarterly gross profit in 2024 Q2 was 18.55 Million CNY , down -47.53% from previous quarter.
Cango Inc. reported a annual gross profit of 150.36 Million CNY in annual gross profit 2022, down -84.4% from previous year.
Cango Inc. reported a annual gross profit of 963.7 Million CNY in annual gross profit 2021, up 0.98% from previous year.
Cango Inc. reported a quarterly gross profit of 18.55 Million CNY for 2024 Q2, down -47.53% from previous quarter.
Cango Inc. reported a quarterly gross profit of 48.99 Million CNY for 2023 Q3, down -17.79% from previous quarter.

Annual Gross Profit Chart of Cango Inc. (2023 - 2016)

Historical Annual Gross Profit of Cango Inc. (2023 - 2016)

Year	Gross Profit	Gross Profit Growth
2023	190.05 Million CNY	26.4%
2022	150.36 Million CNY	-84.4%
2021	963.7 Million CNY	0.98%
2020	954.31 Million CNY	5.94%
2019	900.8 Million CNY	37.1%
2018	657.06 Million CNY	-1.36%
2017	666.14 Million CNY	152.1%
2016	264.23 Million CNY	0.0%

Year	Gross Profit	Gross Profit Growth
2024 Q1	35.36 Million CNY	82.67%
2024 Q2	18.55 Million CNY	-47.53%
2023 Q3	48.99 Million CNY	-17.79%
2023 Q4	19.35 Million CNY	-60.49%
2023 Q1	62.09 Million CNY	1055.3%
2023 FY	190.05 Million CNY	26.4%
2023 Q2	59.6 Million CNY	-4.02%
2022 Q3	27.74 Million CNY	67.86%
2022 FY	150.36 Million CNY	-84.4%
2022 Q4	5.37 Million CNY	-80.63%
2022 Q2	16.52 Million CNY	-83.59%
2022 Q1	100.71 Million CNY	-40.72%
2021 FY	963.7 Million CNY	0.98%
2021 Q1	354.73 Million CNY	-5.05%
2021 Q4	169.88 Million CNY	-10.65%
2021 Q2	248.96 Million CNY	-29.82%
2021 Q3	190.12 Million CNY	-23.63%
2020 FY	954.31 Million CNY	5.94%
2020 Q2	171.23 Million CNY	10.19%
2020 Q1	155.4 Million CNY	-44.76%
2020 Q4	373.59 Million CNY	47.04%
2020 Q3	254.07 Million CNY	48.38%
2019 Q2	210.47 Million CNY	-4.7%
2019 Q1	220.85 Million CNY	36.02%
2019 FY	900.8 Million CNY	37.1%
2019 Q4	281.31 Million CNY	24.54%
2019 Q3	225.87 Million CNY	7.31%
2018 Q1	167.96 Million CNY	2.98%
2018 Q4	162.36 Million CNY	-5.4%
2018 FY	657.06 Million CNY	-1.36%
2018 Q2	155.1 Million CNY	-7.65%
2018 Q3	171.63 Million CNY	10.65%
2017 FY	666.14 Million CNY	152.1%
2017 Q4	163.1 Million CNY	-19.73%
2017 Q2	179.08 Million CNY	48.3%
2017 Q3	203.2 Million CNY	13.47%
2017 Q1	120.75 Million CNY	-23.46%
2016 Q4	157.76 Million CNY	0.0%
2016 FY	264.23 Million CNY	0.0%

Peer Gross Profit Comparison of Cango Inc.

Name	Gross Profit	Gross Profit Difference
Asbury Automotive Group, Inc.	2.75 Billion USD	93.103%
AutoNation, Inc.	5.13 Billion USD	96.296%
Cars.com Inc.	566.97 Million USD	66.479%
Camping World Holdings, Inc.	1.87 Billion USD	89.883%
Group 1 Automotive, Inc.	3.02 Billion USD	93.707%
KAR Auction Services, Inc.	777.5 Million USD	75.556%
Kingsway Financial Services Inc.	82.08 Million USD	-131.53%
CarMax, Inc.	2.71 Billion USD	92.995%
Lithia Motors, Inc.	5.03 Billion USD	96.224%
Penske Automotive Group, Inc.	4.93 Billion USD	96.148%
Sonic Automotive, Inc.	2.24 Billion USD	91.537%