Cango

Cango Operating Expenses

The Total Operating Expenses of Cango (CANG) as of Nov 8, 2026 is 169.35 M CNY. In the previous year, Total Operating Expenses was 697.73 M CNY — a change of -75.73% (lower).

Operating Expenses

169.35 MCNY

YoY

-75.73%

Last updated:

Total Operating Expenses of Cango is 2024 169.35 M CNY. Total Operating Expenses of Cango was 2023 697.73 M CNY. It decreases by -75.73% lower compared to the previous year.

The Cango Operating Expenses history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Operating Expenses
Date
Operating Expenses
Jan 1, 2017
1.59 B CNY
Jan 1, 2018
2.75 B CNY
Jan 1, 2019
4.47 B CNY
Jan 1, 2020
5.19 B CNY
Jan 1, 2021
6.16 B CNY
Jan 1, 2022
5.82 B CNY
Jan 1, 2023
697.73 M CNY
Jan 1, 2024
169.35 M CNY
The Cango Operating Expenses history
YEAROperating ExpensesYoY
169.35 MCNY-75.73%
697.73 MCNY-88.01%
5.82 BCNY-5.52%
6.16 BCNY+18.66%
5.19 BCNY+16.03%
4.47 BCNY+62.49%
2.75 BCNY+72.89%
1.59 BCNY+196.72%
536.51 MCNY—

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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

Total Operating Expenses of Cango is 169.35 M CNY in 2024.

Total Operating Expenses of Cango changed from 697.73 M CNY to 169.35 M CNY, representing a -75.73% change. The value is lower than the previous year.

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

Operating expenses are the costs incurred in the normal course of business operations, including COGS, SG&A, R&D, and depreciation.

Total Operating Expenses's CNY is a key factor for investors. Changes in this metric can signal improving or deteriorating fundamentals, directly impacting the stock price. On Eulerpool, you can track Total Operating Expenses's Cango historically and in real time.

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Income Statement — Cango

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