Cango Operating Income from 2010 to 2026
| CANG Stock | USD 0.72 0.05 6.49% |
Operating Income | First Reported 2016-12-31 | Previous Quarter -1.3 B | Current Value 309.5 M | Quarterly Volatility 256.7 M |
Check Cango financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cango's main balance sheet or income statement drivers, such as Tax Provision of 1.4 M, Net Interest Income of 127.6 M or Interest Income of 64.4 M, as well as many indicators such as Price To Sales Ratio of 15.3, Dividend Yield of 0.72 or PTB Ratio of 1.73. Cango financial statements analysis is a perfect complement when working with Cango Valuation or Volatility modules.
Cango | Operating Income | Build AI portfolio with Cango Stock |
The Operating Income trend for Cango Inc offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Cango is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.
Latest Cango's Operating Income Growth Pattern
Below is the plot of the Operating Income of Cango Inc over the last few years. Operating Income is the amount of profit realized from Cango Inc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Cango Inc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Cango's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cango's overall financial position and show how it may be relating to other accounts over time.
| Operating Income | 10 Years Trend |
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Operating Income |
| Timeline |
Cango Operating Income Regression Statistics
| Arithmetic Mean | 135,667,681 | |
| Coefficient Of Variation | 229.37 | |
| Mean Deviation | 170,723,154 | |
| Median | 184,405,154 | |
| Standard Deviation | 311,185,647 | |
| Sample Variance | 96836.5T | |
| Range | 1.4B | |
| R-Value | (0.26) | |
| Mean Square Error | 96439.2T | |
| R-Squared | 0.07 | |
| Significance | 0.32 | |
| Slope | (15,872,999) | |
| Total Sum of Squares | 1549384.1T |
Cango Operating Income History
Other Fundumenentals of Cango Inc
Cango Operating Income component correlations
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About Cango Financial Statements
Cango stakeholders use historical fundamental indicators, such as Cango's Operating Income, to determine how well the company is positioned to perform in the future. Although Cango investors may analyze each financial statement separately, they are all interrelated. For example, changes in Cango's assets and liabilities are reflected in the revenues and expenses on Cango's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Cango Inc. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Operating Income | 161 M | 169.1 M |
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Check out the analysis of Cango Correlation against competitors. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Can Automotive Retail industry sustain growth momentum? Does Cango have expansion opportunities? Factors like these will boost the valuation of Cango. Projected growth potential of Cango fundamentally drives upward valuation adjustments. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Cango demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth 1.373 | Earnings Share (0.45) | Revenue Per Share | Quarterly Revenue Growth 58.333 | Return On Assets |
Understanding Cango Inc requires distinguishing between market price and book value, where the latter reflects Cango's accounting equity. The concept of intrinsic value - what Cango's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Market sentiment, economic cycles, and investor behavior can push Cango's price substantially above or below its fundamental value.
It's important to distinguish between Cango's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Cango should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Cango's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.