Cango (CANG) Revenue & Revenue Breakdown
Cango Revenue Highlights
Latest Revenue (Y)
$1.70B
Latest Revenue (Q)
$64.42M
Main Segment (Y)
Automobile trading income
Cango Revenue by Period
Cango Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $1.70B | -14.06% |
| 2022-12-31 | $1.98B | -49.50% |
| 2021-12-31 | $3.92B | 91.08% |
| 2020-12-31 | $2.05B | 42.52% |
| 2019-12-31 | $1.44B | 31.95% |
| 2018-12-31 | $1.09B | 3.73% |
| 2017-12-31 | $1.05B | 142.29% |
| 2016-12-31 | $434.28M | - |
Cango generated $1.70B in revenue during NA 2023, up -14.06% compared to the previous quarter, and up 155.94% compared to the same period a year ago.
Cango Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $64.42M | -50.53% |
| 2023-12-31 | $130.24M | -63.17% |
| 2023-09-30 | $353.64M | -47.64% |
| 2023-06-30 | $675.43M | 24.48% |
| 2023-03-31 | $542.61M | 11.39% |
| 2022-12-31 | $487.12M | 16.97% |
| 2022-09-30 | $416.45M | 44.00% |
| 2022-06-30 | $289.19M | -63.29% |
| 2022-03-31 | $787.69M | -25.02% |
| 2021-12-31 | $1.05B | 31.21% |
| 2021-09-30 | $800.63M | -15.43% |
| 2021-06-30 | $946.75M | -15.75% |
| 2021-03-31 | $1.12B | 2.40% |
| 2020-12-31 | $1.10B | 152.31% |
| 2020-09-30 | $434.95M | 58.71% |
| 2020-06-30 | $274.05M | 11.41% |
| 2020-03-31 | $246.00M | -43.90% |
| 2019-12-31 | $438.53M | 24.84% |
| 2019-09-30 | $351.29M | 4.46% |
| 2019-06-30 | $336.30M | -4.37% |
| 2019-03-31 | $351.66M | 9.50% |
| 2018-12-31 | $321.14M | 12.61% |
| 2018-09-30 | $285.17M | 20.69% |
| 2018-06-30 | $236.29M | -5.04% |
| 2018-03-31 | $248.82M | -20.08% |
| 2017-12-31 | $311.33M | 11.81% |
| 2017-09-30 | $278.44M | 4.15% |
| 2017-06-30 | $267.34M | 37.03% |
| 2017-03-31 | $195.10M | -14.79% |
| 2016-12-31 | $228.96M | - |
Cango generated $64.42M in revenue during Q1 2024, up -50.53% compared to the previous quarter, and up 13.23% compared to the same period a year ago.
Cango Revenue Breakdown
Cango Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Service, Other | $37.38M | - | - | - | - |
| Loan Facilitation Income And Other Related Income | $19.96M | $146.43M | $1.23B | - | - |
| Automobile trading income | $1.31B | $1.60B | $2.23B | - | - |
| After-market Service Facilitation Service Income | $65.39M | $71.46M | $193.79M | $241.19M | - |
| Product and Service, Other | - | $10.74M | $15.91M | $8.55M | $20.16M |
| Leasing | - | $155.52M | $251.30M | $286.08M | $300.08M |
| Loan Facilitation | - | - | - | $891.84M | $913.84M |
| Automobile Trading Income | - | - | - | $624.77M | - |
| Aftermarket Service Facilitation Service Income | - | - | - | - | $206.00M |
Latest
Cango's latest annual revenue breakdown by segment (product or service), as of Dec 23: Automobile trading income (91.43%), After-market Service Facilitation Service Income (4.57%), Service, Other (2.61%), and Loan Facilitation Income And Other Related Income (1.39%).
Cango Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| LAD | Lithia Motors | $31.04B | $9.22B |
| PAG | Penske Automotive Group | $29.53B | $7.59B |
| AN | AutoNation | $26.95B | $6.59B |
| GPI | Group 1 Automotive | $17.87B | $5.22B |
| ABG | Asbury Automotive Group | $14.80B | $4.24B |
| SAH | Sonic Automotive | $14.37B | $3.49B |
| RUSHA | Rush Enterprises | $7.93B | $1.90B |
| UXIN | Uxin | $2.06B | $289.02M |
| CANG | Cango | $1.70B | $64.42M |
| KAR | KAR Auction Services | $1.65B | $448.40M |
| LAZY | Lazydays | $1.08B | $270.59M |
| CARS | Cars | $689.18M | $179.65M |
| KFS | Kingsway Financial Services | $103.24M | $27.14M |