Cango Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017	2016
Revenue	1,702	1,980	3,922	2,052	1,440	1,091	1,052	434.28
Revenue Growth (YoY)	-14.06%	-49.50%	91.08%	42.52%	31.95%	3.73%	142.29%	-
Cost of Revenue	1,512	1,830	2,958	1,098	539.27	430.06	386.05	170.04
Gross Profit	190.06	150.36	963.71	954.31	900.8	661.36	666.15	264.24
Selling, General & Admin	195.89	432.32	515.51	461.59	429.36	318.32	215.42	74.09
Research & Development	30.11	45.96	70.28	62.6	57.41	46.71	19.42	5
Other Operating Expenses	37.8	619.22	401.17	111.83	90.74	19.61	-38.71	0.74
Operating Expenses	263.81	1,098	986.96	636.01	577.51	384.64	196.13	79.83
Operating Income	-73.75	-947.14	-23.25	318.3	323.3	276.72	470.02	184.41
Interest Expense / Income	4.1	16.81	14.48	2.76	13.46	19.01	12.99	0.45
Other Expense / Income	-133.43	-89.44	-50.04	-3,423.83	-164.04	-134.07	-3.39	2.04
Pretax Income	55.58	-874.51	12.31	3,739	473.87	391.77	460.41	181.92
Income Tax	93.46	236.7	20.85	369.85	82.96	89.08	119.4	53.01
Net Income	-37.87	-1,111.21	-8.54	3,370	390.91	302.69	341.01	128.91
Net Income Growth	-	-	-	761.96%	29.15%	-11.24%	164.54%	-
Shares Outstanding (Basic)	219	274	290	300	302	279	127	127
Shares Outstanding (Diluted)	-	274	290	304	303	281	253	253
Shares Change	-20.03%	-5.45%	-4.61%	0.20%	7.98%	11.09%	-	-
EPS (Basic)	-	-8.10	-0.06	22.42	2.58	2.16	2.70	1.02
EPS (Diluted)	-	-8.10	-0.06	22.18	2.58	2.16	2.70	1.02
EPS Growth	-	-	-	759.69%	19.44%	-20.00%	164.71%	-
Free Cash Flow	-	-571.88	-423.26	-626.94	379.88	170.4	579.96	80.89
Free Cash Flow Per Share	-	-4.17	-2.92	-4.17	2.51	1.22	9.12	1.27
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%	60.60%	63.31%	60.84%
Operating Margin	-4.33%	-47.82%	-0.59%	15.51%	22.45%	25.35%	44.67%	42.46%
Profit Margin	-2.23%	-56.11%	-0.22%	164.17%	27.15%	27.73%	32.41%	29.68%
Free Cash Flow Margin	-	-28.88%	-10.79%	-30.55%	26.38%	15.61%	55.12%	18.63%
Effective Tax Rate	168.14%	-	169.42%	9.89%	17.51%	22.74%	25.93%	29.14%
EBITDA	-	-840.21	35.3	3,752	497.8	417.98	476.38	183.87
EBITDA Margin	-	-42.43%	0.90%	182.79%	34.57%	38.30%	45.27%	42.34%
Depreciation & Amortization	-	17.49	8.51	9.54	10.47	7.19	2.97	1.5
EBIT	59.68	-857.7	26.79	3,742	487.33	410.79	473.41	182.37
EBIT Margin	3.51%	-43.31%	0.68%	182.33%	33.84%	37.64%	44.99%	41.99%

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