Cango Third Quarter 2024 Earnings: EPS: CN¥1.31 (vs CN¥0.45 loss in 3Q 2023)

Cango (NYSE:CANG) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥27.0m (down 92% from 3Q 2023).
• Net income: CN¥67.9m (up from CN¥49.1m loss in 3Q 2023).
• EPS: CN¥1.31 (up from CN¥0.45 loss in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Cango shares are up 23% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Cango (1 is potentially serious) you should be aware of.

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