Cango Inc. (CANG)

USD 8.0

(15.77%)

Operating Expenses Summary of Cango Inc.

Cango Inc.'s latest annual operating expenses in 2023 was 400.29 Million CNY , down -91.52% from previous year.
Cango Inc.'s latest quarterly operating expenses in 2024 Q2 was -28.42 Million CNY , up 26.73% from previous quarter.
Cango Inc. reported a annual operating expenses of 1.09 Billion CNY in annual operating expenses 2022, up 11.2% from previous year.
Cango Inc. reported a annual operating expenses of 986.95 Million CNY in annual operating expenses 2021, up 55.18% from previous year.
Cango Inc. reported a quarterly operating expenses of -28.42 Million CNY for 2024 Q2, up 26.73% from previous quarter.
Cango Inc. reported a quarterly operating expenses of -11.87 Million CNY for 2023 Q3, down -117.33% from previous quarter.

Annual Operating Expenses Chart of Cango Inc. (2023 - 2016)

Historical Annual Operating Expenses of Cango Inc. (2023 - 2016)

Year	Operating Expenses	Operating Expenses Growth
2023	400.29 Million CNY	-91.52%
2022	1.09 Billion CNY	11.2%
2021	986.95 Million CNY	55.18%
2020	636.01 Million CNY	10.13%
2019	577.5 Million CNY	51.84%
2018	380.34 Million CNY	110.49%
2017	180.69 Million CNY	126.34%
2016	79.83 Million CNY	0.0%

Year	Operating Expenses	Operating Expenses Growth
2024 Q1	-38.78 Million CNY	-248.54%
2024 Q2	-28.42 Million CNY	26.73%
2023 Q3	-11.87 Million CNY	-117.33%
2023 Q4	26.11 Million CNY	319.88%
2023 Q1	10.26 Million CNY	-95.27%
2023 FY	93.03 Million CNY	-91.52%
2023 Q2	68.53 Million CNY	567.5%
2022 Q3	220.08 Million CNY	-40.62%
2022 FY	1.09 Billion CNY	11.2%
2022 Q4	216.96 Million CNY	-1.42%
2022 Q2	370.66 Million CNY	27.91%
2022 Q1	289.79 Million CNY	-11.35%
2021 FY	986.95 Million CNY	55.18%
2021 Q1	195.19 Million CNY	11.44%
2021 Q4	326.9 Million CNY	42.67%
2021 Q2	235.72 Million CNY	20.76%
2021 Q3	229.13 Million CNY	-2.8%
2020 FY	636.01 Million CNY	10.13%
2020 Q2	104.57 Million CNY	-55.83%
2020 Q1	236.72 Million CNY	44.69%
2020 Q4	175.15 Million CNY	46.5%
2020 Q3	119.56 Million CNY	14.33%
2019 Q2	126.22 Million CNY	-16.7%
2019 Q1	151.53 Million CNY	19.51%
2019 FY	577.5 Million CNY	51.84%
2019 Q4	163.6 Million CNY	20.17%
2019 Q3	136.14 Million CNY	7.86%
2018 Q1	74.84 Million CNY	-31.11%
2018 Q4	126.79 Million CNY	32.85%
2018 FY	380.34 Million CNY	110.49%
2018 Q2	83.26 Million CNY	11.25%
2018 Q3	95.44 Million CNY	14.63%
2017 FY	180.69 Million CNY	126.34%
2017 Q4	108.64 Million CNY	289.79%
2017 Q2	23.04 Million CNY	9.03%
2017 Q3	27.87 Million CNY	20.95%
2017 Q1	21.13 Million CNY	-35.86%
2016 Q4	32.95 Million CNY	0.0%
2016 FY	79.83 Million CNY	0.0%

Peer Operating Expenses Comparison of Cango Inc.

Name	Operating Expenses	Operating Expenses Difference
Asbury Automotive Group, Inc.	1.8 Billion USD	77.79%
AutoNation, Inc.	3.47 Billion USD	88.496%
Cars.com Inc.	512.86 Million USD	21.949%
Camping World Holdings, Inc.	1.61 Billion USD	75.161%
Group 1 Automotive, Inc.	2.05 Billion USD	80.49%
KAR Auction Services, Inc.	782.7 Million USD	48.858%
Kingsway Financial Services Inc.	75.07 Million USD	-433.161%
CarMax, Inc.	2.28 Billion USD	82.492%
Lithia Motors, Inc.	3.49 Billion USD	88.532%
Penske Automotive Group, Inc.	3.58 Billion USD	88.826%
Sonic Automotive, Inc.	1.82 Billion USD	78.031%