Cango Inc. (CANG)

Cango Income Statement

Financials in millions CNY. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	1,702	1,980	3,922	2,052	1,440
Revenue Growth (YoY)	-14.06%	-49.50%	91.08%	42.52%	31.95%
Cost of Revenue	1,512	1,830	2,958	1,098	539.27
Gross Profit	190.06	150.36	963.71	954.31	900.8
Selling, General & Admin	195.89	432.32	515.51	461.59	429.36
Research & Development	30.11	45.96	70.28	62.6	57.41
Other Operating Expenses	37.8	619.22	401.17	111.83	90.74
Operating Expenses	263.81	1,098	986.96	636.01	577.51
Operating Income	-73.75	-947.14	-23.25	318.3	323.3
Interest Expense / Income	4.1	16.81	14.48	2.76	13.46
Other Expense / Income	-133.43	-89.44	-50.04	-3,423.83	-164.04
Pretax Income	55.58	-874.51	12.31	3,739	473.87
Income Tax	93.46	236.7	20.85	369.85	82.96
Net Income	-37.87	-1,111.21	-8.54	3,370	390.91
Net Income Growth	-	-	-	761.96%	29.15%
Shares Outstanding (Basic)	243	274	290	300	302
Shares Outstanding (Diluted)	243	274	290	304	303
Shares Change	-11.32%	-5.45%	-4.61%	0.20%	7.98%
EPS (Basic)	-0.32	-8.10	-0.06	22.42	2.58
EPS (Diluted)	-0.32	-8.10	-0.06	22.18	2.58
EPS Growth	-	-	-	759.69%	19.44%
Free Cash Flow	1,025	-571.88	-423.26	-626.94	379.88
Free Cash Flow Per Share	8.43	-4.17	-2.92	-4.17	2.51
Dividend Per Share	-	2.000	1.000	0.250	0.250
Dividend Growth	-	100.00%	300.00%	0%	-
Gross Margin	11.17%	7.59%	24.57%	46.50%	62.55%
Operating Margin	-4.33%	-47.82%	-0.59%	15.51%	22.45%
Profit Margin	-2.23%	-56.11%	-0.22%	164.17%	27.15%
Free Cash Flow Margin	60.22%	-28.88%	-10.79%	-30.55%	26.38%
Effective Tax Rate	168.14%	-	169.42%	9.89%	17.51%
EBITDA	78.33	-840.21	35.3	3,752	497.8
EBITDA Margin	4.60%	-42.43%	0.90%	182.79%	34.57%
Depreciation & Amortization	18.64	17.49	8.51	9.54	10.47
EBIT	59.68	-857.7	26.79	3,742	487.33
EBIT Margin	3.51%	-43.31%	0.68%	182.33%	33.84%

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).