Cango

Cango ROE

The Return on Equity (ROE) of Cango (CANG) as of Nov 8, 2026 is 7.34 %. In the previous year, Return on Equity (ROE) was -1.00 % — a change of -837.32% (higher).

ROE

7.34 %

YoY

-837.32%

Last updated:

In 2024, Cango's return on equity (ROE) was 7.34 %, a -837.32% increase from the -1.00 % ROE in the previous year.

The Cango ROE history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROE
Date
ROE
Jan 1, 2017
13.90 CNY
Jan 1, 2018
5.76 CNY
Jan 1, 2019
7.14 CNY
Jan 1, 2020
40.23 CNY
Jan 1, 2021
-0.12 CNY
Jan 1, 2022
-25.71 CNY
Jan 1, 2023
-1.00 CNY
Jan 1, 2024
7.34 CNY
The Cango ROE history
YEARROEYoY
7.34 %-837.32%
-1.00 %-96.13%
-25.71 %+21,045.98%
-0.12 %-100.30%
40.23 %+463.82%
7.14 %+23.81%
5.76 %-58.53%
13.90 %-57.96%
33.06 %—

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.

ROE Details

Decoding Cango's Return on Equity (ROE)

Cango's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Cango's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Cango's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Cango’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Cango stock

Return on Equity (ROE) of Cango is 7.34 % in 2024.

Return on Equity (ROE) of Cango changed from -1.00 % to 7.34 %, representing a -837.32% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Return on Equity (ROE) Cango since 2006 – with annual values, charts, and detailed analysis.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Equity (ROE)'s Cango with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Equity (ROE)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Equity (ROE).

Access this data via the Eulerpool API

100,000 free requests/mo · no credit card

Profitability — Cango

All Key Metrics — Cango