Cango Net Income From Continuing Ops from 2010 to 2026

CANG Stock  USD 0.88  0.08  10.00%   
Cango's Net Income From Continuing Ops is increasing over the last several years with very volatile swings. Net Income From Continuing Ops is estimated to finish at about 289.3 M this year. During the period from 2010 to 2026 Cango Inc Net Income From Continuing Ops regressed destribution of quarterly values had mean deviationof  399,368,646 and mean square error of 823515.2 T. View All Fundamentals
 
Net Income From Continuing Ops  
First Reported
2016-12-31
Previous Quarter
-1.3 B
Current Value
37.3 M
Quarterly Volatility
493.2 M
 
Covid
 
Interest Hikes
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.
  
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Check out the analysis of Cango Correlation against competitors.
The Net Income From Continuing Ops 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 Net Income From Continuing Ops Growth Pattern

Below is the plot of the Net Income From Continuing Ops of Cango Inc over the last few years. It is Cango's Net Income From Continuing Ops 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.
Net Income From Continuing Ops10 Years Trend
Very volatile
   Net Income From Continuing Ops   
       Timeline  

Cango Net Income From Continuing Ops Regression Statistics

Arithmetic Mean271,459,224
Coefficient Of Variation323.73
Mean Deviation399,368,646
Median133,481,062
Standard Deviation878,786,175
Sample Variance772265.1T
Range4.5B
R-Value0.02
Mean Square Error823515.2T
R-Squared0.0003
Significance0.95
Slope2,934,845
Total Sum of Squares12356242.3T

Cango Net Income From Continuing Ops History

2026289.3 M
2025269.8 M
2024299.8 M
2023-493 M
2022-1.1 B
2021-8.5 M
20203.4 B

About Cango Financial Statements

Cango stakeholders use historical fundamental indicators, such as Cango's Net Income From Continuing Ops, 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 ReportedProjected for Next Year
Net Income From Continuing Ops269.8 M289.3 M

Currently Active Assets on Macroaxis

When determining whether Cango Inc is a strong investment it is important to analyze Cango's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cango's future performance. For an informed investment choice regarding Cango Stock, refer to the following important reports:
Check out the analysis of Cango Correlation against competitors.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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
(0.48)
Revenue Per Share
2.526
Quarterly Revenue Growth
58.333
Return On Assets
0.032
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.