CANG
Income statement / Annual
Last year (2024), Cango Inc.'s total revenue was $804.49 M,
a decrease of 52.73% from the previous year.
In 2024, Cango Inc.'s net income was $299.82 M.
See Cango Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
| Period Ended |
12/31/2024 |
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 |
$804.49 M |
$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 |
$359.51 M
|
$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 |
$444.97 M
|
$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 |
0.55
|
0.11
|
0.08
|
0.25
|
0.46
|
0.63
|
0.6
|
0.63
|
0.61
|
| Research and Development Expenses |
$5.47 M
|
$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 |
$250.16 M
|
$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 |
$13.10 M
|
$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 |
$263.26 M
|
$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 |
-$2.65 M
|
$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 |
$266.08 M
|
$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 |
$625.59 M
|
$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 |
$0.00
|
$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 |
$0.00
|
$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 |
$6.67 M
|
$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 |
$182.91 M |
$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 |
0.23
|
0.05
|
-0.43
|
0.02
|
0.21
|
0.34
|
0.38
|
0.48
|
0.43
|
| Operating Income Ratio |
0.22
|
-0.04
|
-0.48
|
0.01
|
0.21
|
0.34
|
0.25
|
0.45
|
0.42
|
| Total Other Income/Expenses Net |
$122.24 M
|
$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 |
$301.14 M
|
$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 |
0.37
|
0.03
|
-0.44
|
0
|
1.82
|
0.34
|
0.36
|
0.45
|
0.43
|
| Income Tax Expense |
$1.32 M
|
$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 |
$299.82 M
|
-$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 |
0.37
|
-0.02
|
-0.56
|
-0
|
1.64
|
0.27
|
0.28
|
0.32
|
0.3
|
| EPS |
2.58 |
-0.155 |
-4.055 |
-0.02945 |
11.215 |
1.295 |
1.085 |
1.35 |
0.51 |
| EPS Diluted |
2.57 |
-0.155 |
-4.055 |
-0.02945 |
11.09 |
1.29 |
1.08 |
1.35 |
0.51 |
| Weighted Average Shares Out |
$232.41 M
|
$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 |
$233.03 M
|
$243.05 M
|
$274.08 M
|
$289.89 M
|
$303.90 M
|
$303.28 M
|
$280.87 M
|
$252.83 M
|
$252.83 M
|
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