Cango Inc (CANG) Q3 2024 Earnings Call Highlights: Navigating Revenue Decline with Strategic ... [Yahoo! Finance]
Cango Inc. American Depositary Shares, each representing two (2) Class A Ordinary Shares (CANG)
Last cango inc. american depositary shares, each representing two (2) class a ordinary shares earnings: 3/23 04:30 pm
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Company Research
Source: Yahoo! Finance
Net Income: RMB67.88 million in Q3 2024. Non-GAAP Adjusted Net Income: RMB71.3 million in Q3 2024. Cost of Revenue: RMB23.3 million in Q3 2024, 86.3% of total revenue. Sales and Marketing Expenses: RMB3.4 million in Q3 2024. General and Administrative Expenses: RMB45.2 million in Q3 2024. Research and Development Expenses: RMB1.4 million in Q3 2024. Net Gain on Contingent Risk Assurance Liabilities: RMB7.1 million in Q3 2024. Net Recovery on Provision for Credit Losses: RMB74.4 million in Q3 2024. Cash and Cash Equivalents: RMB691.8 million as of September 30, 2024. Short Term Investments: RMB3.1 billion as of September 30, 2024. Outstanding Loan Balance: Approximately RMB4.8 billion as of September 30, 2024. Forecasted Q4 2024 Revenue: Between RMB15 million and RMB17.5 million. Warning! GuruFocus has detected 8 Warning Signs with CANG. Release Date: November 05, 2024 For the complete transcript of the earnings call, please refer to the full earnings call
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News
- Cango And 2 Other Promising US Penny Stocks [Yahoo! Finance]Yahoo! Finance
- Cango Inc. Announces Change of Independent Registered Public Accounting Firm [Yahoo! Finance]Yahoo! Finance
- Cango Inc. Announces Change of Independent Registered Public Accounting FirmPR Newswire
- Cango Inc. Completes Cash-Settled Acquisitions of Crypto Mining AssetsPR Newswire
- Cango Inc. Announces Agreements to Acquire Crypto Mining AssetsPR Newswire
CANG
Sec Filings
- 11/20/24 - Form 6-K
- 11/19/24 - Form 6-K
- 11/8/24 - Form 6-K
- CANG's page on the SEC website