Cango Inc.

CANG

US1375861036

Internet Services

Market Closed - Nyse Other stock markets 04:10:00 2024-04-26 pm EDT			5-day change	1st Jan Change
1.44 ^USD	0.00%		+2.86%	+41.18%

Apr. 24	Tech Stocks Lead Asian Equities Traded in the US as American Depositary Receipts Higher in Wednesday Trading	MT
Apr. 23	Cango Shares Rise After Company Reports $50 Million Share Repurchase Program	MT

Cango Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023

March 11, 2024 at 05:30 pm EDT

Cango Inc. reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was CNY 60.48 million compared to CNY 459.12 million a year ago. Revenue was CNY 130.24 million compared to CNY 487.12 million a year ago.

Net loss was CNY 103.78 million compared to CNY 558.94 million a year ago.

Latest news about Cango Inc.

Tech Stocks Lead Asian Equities Traded in the US as American Depositary Receipts Higher in Wednesday Trading	Apr. 24	MT
Cango Shares Rise After Company Reports $50 Million Share Repurchase Program	Apr. 23	MT
Cango Inc. announces an Equity Buyback for $50 million worth of its shares.	Apr. 23	CI
Cango Inc. authorizes a Buyback Plan.	Apr. 22	CI
Asian Equities Traded in the US as American Depositary Receipts Remain Flat in Wednesday Trading	Apr. 17	MT
Asian Equities Traded in the US as American Depositary Receipts Trend Lower in Thursday Trading	Apr. 11	MT
Asian Equities Traded in the US as American Depositary Receipts Nudge Higher in Friday Trading, End Week Lower	Apr. 05	MT
Financial, Tech Stocks Lead Asian Equities Traded in the US as American Depositary Receipts Higher in Thursday Trading	Apr. 04	MT
Asian Equities Traded in the US as American Depositary Receipts Fall Sharply in Wednesday Trading	Mar. 27	MT
Tranche Update on Cango Inc.'s Equity Buyback Plan announced on April 21, 2023.	Mar. 13	CI
Transcript : Cango Inc., Q4 2023 Earnings Call, Mar 11, 2024	Mar. 11
Cango Inc. Provides Revenue Guidance for the First Quarter of 2024	Mar. 11	CI
Cango Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 11	CI
Cango Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Mar. 11	CI
Asian Equities Traded in the US as American Depositary Receipts Surge Higher in Friday Trading, Led by Tech, Bank Stocks	Mar. 01	MT
Tech Stocks Lead Asian Equities Traded in the US as American Depositary Receipts Higher in Thursday Trading	Feb. 29	MT
ADRs Close Mostly Lower, Earlyworks Co. Ltd. Declines 26.9%	Feb. 20	DJ
Asian Equities Traded in the US as American Depositary Receipts Fall in Wednesday Trading	Jan. 17	MT
Asian Equities Traded in the US as American Depositary Receipts Flat in Friday Trading	Dec. 08	MT
Asian Equities Traded in the US as American Depositary Receipts Trend Slightly Lower in Friday Trading	Dec. 01	MT
Transcript : Cango Inc., Q3 2023 Earnings Call, Nov 27, 2023	Nov. 27
Cango Q3 Loss Narrows, Revenue Declines	Nov. 27	MT
Cango Inc. Reports Impairment Charges for the Third Quarter of 2023	Nov. 27	CI
Cango Inc. Provides Revenue Guidance for the Fourth Quarter of 2023	Nov. 27	CI
Cango Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 27	CI

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Company Profile

Cango Inc. provides an automotive transaction service platform, which connects dealers, financial institutions, car buyers and other industry participants. The Companyâs services primarily consist of automotive financing facilitation, automotive transaction facilitation and after-market services facilitation. It offers integrated solutions that support the life cycle of automotive financing transactions, including credit origination, credit assessment, credit servicing and delinquent asset management services. It provides additional services, including car sourcing and logistics and warehousing support for dealers and facilitation of car purchases for car buyers. The Companyâs also facilitates after-market services to car buyers, which is comprised of facilitating the sale of insurance policies from insurance brokers or companies. The products offered through its platform are personal accident insurances and automotive insurances.

Sector

Internet Services

Calendar

2024-05-27 - Q1 2024 Earnings Release (Projected)

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Other Internet Services

Cango Inc.

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CANG

US1375861036

Internet Services

Cango Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023

Latest news about Cango Inc.

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Company Profile

Income Statement Evolution

Quarterly earnings - Rate of surprise

Sector Other Internet Services