Cango Inc. (CANG)

USD 8.0

(15.77%)

Operating Income Summary of Cango Inc.

Cango Inc.'s latest annual operating income in 2023 was -73.75 Million CNY , up 92.21% from previous year.
Cango Inc.'s latest quarterly operating income in 2024 Q2 was 46.97 Million CNY , down -36.65% from previous quarter.
Cango Inc. reported an annual operating income of -947.14 Million CNY in 2022, down -1856.83% from previous year.
Cango Inc. reported an annual operating income of 53.91 Million CNY in 2021, down -87.46% from previous year.
Cango Inc. reported a quarterly operating income of 46.97 Million CNY for 2024 Q2, down -36.65% from previous quarter.
Cango Inc. reported a quarterly operating income of -87.78 Million CNY for 2023 Q3, down -883.0% from previous quarter.

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

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

Year	Operating Income	Operating Income Growth
2023	-73.75 Million CNY	92.21%
2022	-947.14 Million CNY	-1856.83%
2021	53.91 Million CNY	-87.46%
2020	429.86 Million CNY	-11.49%
2019	485.66 Million CNY	75.51%
2018	276.71 Million CNY	-41.13%
2017	470.01 Million CNY	154.88%
2016	184.4 Million CNY	0.0%

Year	Operating Income	Operating Income Growth
2024 Q1	74.15 Million CNY	356.87%
2024 Q2	46.97 Million CNY	-36.65%
2023 Q3	-87.78 Million CNY	-883.0%
2023 Q4	-28.86 Million CNY	67.11%
2023 Q1	51.82 Million CNY	124.5%
2023 FY	-73.75 Million CNY	92.21%
2023 Q2	-8.93 Million CNY	-117.23%
2022 Q3	-192.33 Million CNY	45.69%
2022 FY	-947.14 Million CNY	-1856.83%
2022 Q4	-211.58 Million CNY	-10.01%
2022 Q2	-354.13 Million CNY	-87.3%
2022 Q1	-189.07 Million CNY	-20.42%
2021 FY	53.91 Million CNY	-87.46%
2021 Q1	159.53 Million CNY	-19.6%
2021 Q4	-157.02 Million CNY	-302.55%
2021 Q2	13.23 Million CNY	-91.7%
2021 Q3	-39 Million CNY	-394.68%
2020 FY	429.86 Million CNY	-11.49%
2020 Q2	66.66 Million CNY	181.98%
2020 Q1	-81.32 Million CNY	-169.09%
2020 Q4	198.43 Million CNY	47.52%
2020 Q3	134.51 Million CNY	101.78%
2019 Q2	84.25 Million CNY	21.55%
2019 Q1	69.31 Million CNY	94.91%
2019 FY	485.66 Million CNY	75.51%
2019 Q4	117.7 Million CNY	31.18%
2019 Q3	89.73 Million CNY	6.49%
2018 Q1	93.11 Million CNY	138.62%
2018 Q4	35.56 Million CNY	-53.32%
2018 FY	276.71 Million CNY	-41.13%
2018 Q2	71.84 Million CNY	-22.85%
2018 Q3	76.19 Million CNY	6.05%
2017 FY	470.01 Million CNY	154.88%
2017 Q4	39.02 Million CNY	-77.74%
2017 Q2	156.03 Million CNY	56.63%
2017 Q3	175.33 Million CNY	12.37%
2017 Q1	99.62 Million CNY	-21.5%
2016 Q4	126.9 Million CNY	0.0%
2016 FY	184.4 Million CNY	0.0%

Peer Operating Income Comparison of Cango Inc.

Name	Operating Income	Operating Income Difference
Asbury Automotive Group, Inc.	953.5 Million USD	107.735%
AutoNation, Inc.	1.65 Billion USD	104.465%
Cars.com Inc.	54.11 Million USD	236.283%
Camping World Holdings, Inc.	267.07 Million USD	127.614%
Group 1 Automotive, Inc.	968.6 Million USD	107.614%
KAR Auction Services, Inc.	-5.2 Million USD	-1318.289%
Kingsway Financial Services Inc.	954 Thousand USD	7830.716%
CarMax, Inc.	942.2 Million USD	107.828%
Lithia Motors, Inc.	1.74 Billion USD	104.233%
Penske Automotive Group, Inc.	1.35 Billion USD	105.457%
Sonic Automotive, Inc.	423.6 Million USD	117.411%