Cango
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Cango's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 14% to $1,701,918,741. The net income raised on -$37,873,274 and profit margin reached -2%. Total operating expenses were $263,806,653.
Profit Margin
| 2016 | 434.27M | 128.90M | 29.68% |
|---|---|---|---|
| 2017 | 1.05B | 341.00M | 32.41% |
| 2018 | 1.09B | 302.69M | 27.73% |
| 2019 | 1.44B | 390.91M | 27.15% |
| 2020 | 2.05B | 3.36B | 164.17% |
| 2021 | 3.92B | -8.54M | -0.22% |
| 2022 | 1.98B | -1.11B | -56.11% |
| 2023 | 1.70B | -37.87M | -2.23% |
CANG Income Statement (2016 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||
Revenue | 1.70B | 1.98B | 3.92B | 2.05B | 1.44B | 1.09B | 1.05B | 434.27M |
Cost of revenue | 1.51B | 1.83B | 2.95B | 1.09B | 539.26M | 434.35M | 386.05M | 170.04M |
Gross profit | 190.05M | 150.36M | 963.70M | 954.31M | 900.80M | 657.06M | 666.14M | 264.23M |
Operating exp. | ||||||||
Research and development | 30.11M | 45.95M | 70.27M | 62.59M | 57.40M | 46.70M | 19.41M | 4.99M |
Selling and marketing | 38.92M | 132.77M | 239.33M | 195.89M | 192.81M | 167.24M | 114.14M | 39.53M |
Total operating expenses | 263.80M | 1.09B | 986.95M | 636.01M | 577.50M | 380.34M | 180.69M | 79.83M |
Operating income | -73.75M | -947.14M | 53.91M | 429.86M | 485.66M | 276.71M | 470.01M | 184.40M |
Other income (expenses), net | 129.33M | 72.63M | -41.60M | 3.42B | 2.15M | 76.83M | -1.55M | -1.55M |
Income before tax | 55.58M | -874.51M | 12.30M | 3.74B | 487.81M | 396.00M | 468.46M | 186.49M |
Income tax expense | 93.45M | 236.69M | 20.85M | 369.85M | 82.96M | 89.08M | 119.40M | 53.01M |
Net income | -37.87M | -1.11B | -8.54M | 3.36B | 390.91M | 302.69M | 341.00M | 128.90M |
Earnings per share | ||||||||
Basic EPS | -0.31 | -8.11 | -0.05 | 22.42 | 2.59 | 2 | 2.3 | 0.87 |
Diluted EPS | -0.31 | -8.11 | -0.05 | 22.18 | 2.58 | 2 | 2.3 | 0.87 |
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