Cango Inc. Reports Second Quarter 2023 Unaudited Financial Results
Cango Inc. Class A Ordinary Shares (CANG)
Last cango inc. class a ordinary shares earnings: 3/23 04:30 pm
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Source: PR Newswire
SHANGHAI, Aug. 23, 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 second quarter of 2023.Second Quarter 2023 Financial and Operational HighlightsTotal revenues were RMB675.4 million (US$93.1 million), a 133.6% increase from RMB289.2 million in the same period of 2022. Car trading transactions revenues were RMB562.8 million (US$77.6 million) in the second quarter of 2023, representing 83.3% of total revenues in the same period, a 157.4% increase from RMB218.6 million in the same period of 2022.The total outstanding balance of financing transactions the Company facilitated was RMB16,628.1 million (US$2,293.1 million) as of June 30, 2023. M1+ and M3+ overdue ratios for all financing transactions that remained outstanding and were facilitated by the Company were 2.12% and 1.09%, respectively, as of June 30, 2023, compared with 2.33% and 1.29%, respe
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News
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CANG
Earnings
- 12/1/25 - Beat
CANG
Sec Filings
- 12/17/25 - Form F-3
- 12/2/25 - Form 6-K
- 10/22/25 - Form S-8
- CANG's page on the SEC website