Cango

Cango Gross Margin

The Gross Margin of Cango (CANG) as of Nov 8, 2026 is 21.77 %. In the previous year, Gross Margin was 11.93 % — a change of 82.49% (higher).

Gross Margin

21.77 %

YoY

82.49%

Last updated:

Gross Margin of Cango is 2024 21.77 % . Gross Margin of Cango was 2023 11.93 % . It decreases by 82.49% higher compared to the previous year.

Cango's gross margin stands at 21.8%, down from 52.9% several years earlier.

The Cango Gross Margin history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Gross Margin
Date
Gross Margin
Jan 1, 2017
63.31 CNY
Jan 1, 2018
62.54 CNY
Jan 1, 2019
70.68 CNY
Jan 1, 2020
52.94 CNY
Jan 1, 2021
27.63 CNY
Jan 1, 2022
10.68 CNY
Jan 1, 2023
11.93 CNY
Jan 1, 2024
21.77 CNY
The Cango Gross Margin history
YEARGross MarginYoY
21.77 %+82.49%
11.93 %+11.69%
10.68 %-61.34%
27.63 %-47.82%
52.94 %-25.09%
70.68 %+13.00%
62.54 %-1.20%
63.31 %+4.06%
60.83 %—

Access this data via the Eulerpool API

100,000 free requests/mo · no credit card

Cango Stock analysis

What does Cango do? Cango, Inc. generates revenue through its automotive transaction service platform that connects dealers, financial institutions, and car buyers. The company offers automotive financing facilitation, transaction facilitation, and after-market services facilitation, including credit origination, assessment, servicing, and delinquent asset management. Additional services include car sourcing, logistics, warehousing support for dealers, and facilitation of car purchases for buyers. The company also facilitates after-market services such as insurance policy sales, providing personal accident insurances and automotive insurances through its platform. Cango's primary customers are dealers, financial institutions, and car buyers who use its integrated solutions for automotive financing transactions and vehicle purchases. Dealers benefit from car sourcing, logistics, and warehousing support, while financial institutions utilize credit assessment and servicing services. Car buyers access financing options and insurance products via the platform, with insurance policies sourced from brokers or companies. The company's revenue streams include fees for facilitating automotive transactions, financing services, and after-market insurance sales. Dealers pay for sourcing and logistics support, financial institutions pay for credit assessment and servicing, and car buyers purchase insurance products directly through the platform. These services are delivered through Cango's integrated platform that supports the full lifecycle of automotive financing transactions. Cango is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Cango stock

Gross Margin of Cango is 21.77 % in 2024.

Gross Margin of Cango changed from 11.93 % to 21.77 %, representing a 82.49% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Gross Margin Cango since 2006 – with annual values, charts, and detailed analysis.

Gross Margin measures the percentage of revenue remaining after COGS. Higher gross margins indicate more efficient production and stronger pricing power.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Gross Margin's Cango with sector peers and the industry average to assess whether it is attractive.

To evaluate Gross Margin's, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Gross Margin.

Access this data via the Eulerpool API

100,000 free requests/mo · no credit card

Margins — Cango

All Key Metrics — Cango