Cango

Cango Revenue

The The revenue of Cango (CANG) as of Nov 8, 2026 is 5.45 B CNY. In the previous year, The revenue was 11.53 B CNY — a change of -52.76% (lower).

Revenue

5.45 BCNY

YoY

-52.76%

Last updated:

In 2024, Cango's sales reached 5.45 B CNY, a -52.76% difference from the 11.53 B CNY sales recorded in the previous year.

Revenue has compounded at 8.0% per year over the past 8 years to 5.45 B CNY.

The Cango Revenue history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
Date
Revenue
Jan 1, 2020
13.90 B CNY
Jan 1, 2021
26.57 B CNY
Jan 1, 2022
13.42 B CNY
Jan 1, 2023
11.53 B CNY
Jan 1, 2024
5.45 B CNY
Jan 1, 2025 (e)
4.72 B CNY
Jan 1, 2026 (e)
1.72 B CNY
Jan 1, 2027 (e)
2.06 B CNY
The Cango Revenue history
YEARRevenueYoY
est2.06 BCNY+19.23%
est1.72 BCNY-63.45%
est4.72 BCNY-13.36%
5.45 BCNY-52.76%
11.53 BCNY-14.06%
13.42 BCNY-49.50%
26.57 BCNY+91.08%
13.90 BCNY+42.52%
9.76 BCNY+31.95%
7.39 BCNY+3.73%
7.13 BCNY+142.27%
2.94 BCNY—

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Cango Revenue

Cango Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2020
13.90 B CNY
2.17 B CNY
22.83 B CNY
Jan 1, 2021
26.57 B CNY
1.18 B CNY
-57.58 M CNY
Jan 1, 2022
13.42 B CNY
-4.38 B CNY
-7.53 B CNY
Jan 1, 2023
11.53 B CNY
677.41 M CNY
-257.41 M CNY
Jan 1, 2024
5.45 B CNY
1.02 B CNY
2.03 B CNY
Jan 1, 2025 (e)
4.72 B CNY
-276.06 M CNY
-6.90 B CNY
Jan 1, 2026 (e)
1.72 B CNY
-224.44 M CNY
-5.61 B CNY
Jan 1, 2027 (e)
2.06 B CNY
-35.38 M CNY
-884.28 M CNY

Cango Margins

Cango stock margins

The Cango margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Cango. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Cango.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2020
52.94 %
15.62 %
164.17 %
Jan 1, 2021
27.63 %
4.45 %
-0.22 %
Jan 1, 2022
10.68 %
-32.68 %
-56.11 %
Jan 1, 2023
11.93 %
5.88 %
-2.23 %
Jan 1, 2024
21.77 %
18.78 %
37.31 %
Jan 1, 2025 (e)
21.77 %
-5.85 %
-146.24 %
Jan 1, 2026 (e)
21.77 %
-13.01 %
-325.28 %
Jan 1, 2027 (e)
21.77 %
-1.72 %
-43.00 %

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.

Revenue Details

Understanding Cango's Sales Figures

The sales figures of Cango originate from the total revenue accrued from goods sold or services provided during a specific time period. These numbers are a direct reflection of the company’s ability to translate its products or services into revenue, indicating the demand and market presence.

Year-to-Year Comparison

Analyzing Cango’s yearly sales data offers insights into the company’s growth and stability. An increase in sales suggests a growing demand for its offerings, efficient marketing, or expansion into new markets. Conversely, a decline might indicate market saturation, increased competition, or less effective strategies.

Impact on Investments

Investors often scrutinize Cango's sales data to evaluate its financial health and growth prospects. Consistent sales growth can be a promising indicator of the company’s profitability and potential return on investment, influencing stock prices and investor confidence.

Interpreting Sales Fluctuations

Increases in Cango’s sales indicate market growth, innovation, or effective marketing, often leading to a surge in stock prices. A decline, however, can signal challenges requiring strategic adjustments to enhance market share and profitability.

Frequently Asked Questions about Cango stock

The revenue of Cango is 5.45 B CNY in 2024.

The revenue of Cango changed from 11.53 B CNY to 5.45 B CNY, representing a -52.76% change. The value is lower than the previous year.

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

Revenue is the total value of all goods sold in a period. It is calculated by multiplying the quantity of each product sold by its selling price. Revenue does not include any costs (material costs, personnel costs, etc.), whereas net proceeds only deduct revenue reductions associated with the sale (discounts, etc.).

The revenue'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 The revenue's Cango historically and in real time.

The revenue in assessing a stock

Revenue is an important financial measure used in the valuation of stocks. It is a measure of a company's economic activity and can serve as an indicator of the company's success. Revenue is considered one of the most important factors in stock valuation. In addition, revenue can also be used to calculate other financial measures such as earnings per share and price-earnings ratio.

History and utilization of revenue

Revenue has long been considered one of the most important financial indicators. It was used in the 19th century as one of the first financial indicators to measure a company's economic activity. Since then, revenue has been regularly used to evaluate companies.

Revenue is usually calculated as a percentage of the company's equity. It can also be used to determine the overall profitability of a company. There are many different types of revenue that can be used to measure a company's economic activity, such as gross revenue, net revenue, and revenue from international business.

The revenue can also be used to evaluate stocks. For example, the revenue of a company can be used to evaluate the success of the company. If a company has high revenue, it means that it is a profitable company because it has high demand for its products or services.

Calculation and Application of Revenue

In order to calculate a company's revenue, the company's income must be deducted from its expenses. The income can come from various sources, such as sales, licensing fees, services, etc. The expenses can include costs for production, procurement, inventory, sales, and administration.

The revenue can then be used to calculate various financial ratios. For example, the revenue can be used to calculate the price-earnings ratio (P/E ratio) of a company. This is a measure of a company's profitability, calculated by taking the ratio of the stock price to earnings per share.

Revenue can also be used to calculate earnings per share (EPS) of a company. This is a measure of a company's profit per share. EPS is calculated by dividing earnings by the number of shares issued.

Use of revenue by investors

Investors use revenue to evaluate stocks, as revenue is an indicator of a company's success. For example, an investor can compare a company's revenue to see how successful it is. An investor can also use a company's revenue to calculate its price-to-earnings ratio and earnings per share.

An example: An investor looks at a company that has a revenue of 25 million euros. He compares this revenue to that of the competitor, which has a revenue of 35 million euros. The investor can then see that the company with 25 million euros in revenue is less successful than the company with 35 million euros in revenue.

Advantages and Disadvantages of Revenue.

Revenue is a very useful tool for valuing stocks as it measures a company's economic activity. Revenue can also be used to calculate other financial ratios such as the price-earnings ratio and earnings per share.

However, one disadvantage is that revenue alone is not a meaningful indicator of a company's success. It is important to consider revenue in comparison to other financial metrics such as earnings per share and price-to-earnings ratio to get a complete picture of the company.

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Income Statement — Cango

All Key Metrics — Cango