Cango Inc. Reports First Quarter 2024 Unaudited Financial Results
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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Source: PR Newswire
SHANGHAI, June 12, 2024 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced its unaudited financial results for the first quarter of 2024.First Quarter 2024 Financial and Operational HighlightsTotal revenues were RMB64.4 million (US$8.9 million), compared with RMB542.6 million in the same period of 2023. Income from operations was RMB74.2 million (US$10.3 million) for the three months ended March 31, 2024, an increase of 43.1% from RMB51.8 million in the same period last year. Net income was RMB90.0 million (US$12.5 million) for the three months ended March 31, 2024, an increase of 14.3% from RMB78.8 million in the same period last year. The total outstanding balance of financing transactions the Company facilitated was RMB7.6 billion (US$1.1 billion) as of March 31, 2024. M1+ and M3+ overdue ratios for all financing transactions that remained outstanding and were facilitated by the Company we
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News
- Cango Inc. (CANG) Q2 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Cango Inc. Reports Second Quarter 2024 Unaudited Financial Results [Yahoo! Finance]Yahoo! Finance
- Cango Inc. Reports Second Quarter 2024 Unaudited Financial ResultsPR Newswire
- Cango Inc. to Report Second Quarter 2024 Financial Results on August 29, 2024 Eastern TimePR Newswire
- Here's What's Concerning About Cango's (NYSE:CANG) Returns On Capital [Yahoo! Finance]Yahoo! Finance
CANG
Sec Filings
- 9/3/24 - Form 144
- 9/3/24 - Form 6-K
- 8/20/24 - Form SC
- CANG's page on the SEC website