Cango

Cango Tax Rate

The Effective Tax Rate of Cango (CANG) as of Nov 8, 2026 is 0.44 %. In the previous year, Effective Tax Rate was 166.07 % — a change of -99.74% (lower).

Tax Rate

0.44 %

YoY

-99.74%

Last updated:

Effective Tax Rate of Cango is 2024 0.44 % . Effective Tax Rate of Cango was 2023 166.07 % . It decreases by -99.74% lower compared to the previous year.

The Cango Tax Rate history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Tax Rate
Date
Tax Rate
Jan 1, 2017
25.49 CNY
Jan 1, 2018
22.50 CNY
Jan 1, 2019
17.02 CNY
Jan 1, 2020
9.88 CNY
Jan 1, 2021
169.92 CNY
Jan 1, 2022
-27.07 CNY
Jan 1, 2023
166.07 CNY
Jan 1, 2024
0.44 CNY
The Cango Tax Rate history
YEARTax RateYoY
0.44 %-99.74%
166.07 %-713.56%
-27.07 %-115.93%
169.92 %+1,619.54%
9.88 %-41.92%
17.02 %-24.38%
22.50 %-11.71%
25.49 %-10.32%
28.42 %—

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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

Effective Tax Rate of Cango is 0.44 % in 2024.

Effective Tax Rate of Cango changed from 166.07 % to 0.44 %, representing a -99.74% change. The value is lower than the previous year.

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

The effective tax rate measures the actual percentage of pretax income paid in taxes. It reflects the company's tax efficiency and planning.

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

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

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Margins — Cango

All Key Metrics — Cango