Cango Inc. Reports Fourth Quarter and Full Year 2022 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, March 9, 2023 /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 fourth quarter and full year of 2022.Fourth Quarter 2022 Financial and Operational HighlightsTotal revenues were RMB487.1 million (US$70.6 million), compared with RMB1,050.5 million in the same period of 2021. Car trading transactions revenues were RMB431.1 million (US$62.5 million), or 88.5% of total revenues in the fourth quarter of 2022, compared with RMB703.9 million in the same period of 2021.The total outstanding balance of financing transactions the Company facilitated was RMB25,581.3 million (US$3,708.9 million) as of December 31, 2022. M1+ and M3+ overdue ratios for all financing transactions that remained outstanding and were facilitated by the Company were 2.61% and 1.38%, respectively, as of December 31, 2022, compared with 2.44% and 1.27%, respectively, as of Septembe
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CANG
News
- Cango Inc. Filed Its Annual Report on Form 20-FPR Newswire
- Cango Inc.'s (NYSE:CANG) largest shareholders are retail investors with 51% ownership, insiders own 28% [Yahoo! Finance]Yahoo! Finance
- Cango Inc. Announces Up to US$50 Million New Share Repurchase Program [Yahoo! Finance]Yahoo! Finance
- Cango Inc. Announces Up to US$50 Million New Share Repurchase ProgramPR Newswire
- CANGO Mobility and MiTAC Announce Collaboration to Transform Fleet Management with Integrated Video Telematics and CANbus Data InsightPR Newswire
CANG
Sec Filings
- 4/26/24 - Form 20-F
- 4/25/24 - Form 6-K
- 3/13/24 - Form 6-K
- CANG's page on the SEC website