Cango (CANG) Net Income From Continuing Operations : $-4.8 Mil (TTM As of Dec. 2023)

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What is Cango Net Income From Continuing Operations?

Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. Cango's net income from continuing operations for the three months ended in Dec. 2023 was $-14.5 Mil. Its net income from continuing operations for the trailing twelve months (TTM) ended in Dec. 2023 was $-4.8 Mil.

Cango Net Income From Continuing Operations Historical Data

The historical data trend for Cango's Net Income From Continuing Operations can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Cango Net Income From Continuing Operations Chart

Cango Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Income From Continuing Operations

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57.72

515.87

-1.34

-159.39

-5.30

Cango Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Income From Continuing Operations	Get a 7-Day Free Trial															-80.17	11.43	5.06	-6.73	-14.53

Cango Net Income From Continuing Operations Calculation

Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. It excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

Net Income From Continuing Operations for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.8 Mil.

Cango (CANG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Cango Inc (NYSE:CANG) » Definitions » Net Income From Continuing Operations

Comparable Companies

Traded in Other Exchanges

9C0A:Germany

Address

556 West Haiyang Road, 8th Floor, New Bund Oriental Plaza II, Pudong New Area, Shanghai, CHN, 200124

Website

https://www.cangoonline.com

Cango Inc is an automotive transaction service platform in China connecting dealers, financial institutions, car buyers, and other industry participants. The services mainly consist of - automotive financing facilitation, automotive transaction facilitation, and aftermarket service facilitation. Geographically, it derives revenue from China.