Cango Inc (CANG)
1.57
-0.02
(-0.95%)
USD |
NYSE |
May 10, 16:00
1.58
+0.01
(+0.64%)
After-Hours: 20:00
Cango Gross Profit Margin (Quarterly): 14.86% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 14.86% |
| September 30, 2023 | 13.86% |
| June 30, 2023 | 8.82% |
| March 31, 2023 | 11.44% |
| December 31, 2022 | 1.10% |
| September 30, 2022 | 6.66% |
| June 30, 2022 | 5.72% |
| March 31, 2022 | 12.79% |
| December 31, 2021 | 16.17% |
| September 30, 2021 | 23.75% |
| June 30, 2021 | 26.30% |
| March 31, 2021 | 31.57% |
| December 31, 2020 | 34.04% |
| September 30, 2020 | 58.42% |
| Date | Value |
|---|---|
| June 30, 2020 | 62.48% |
| March 31, 2020 | 63.17% |
| December 31, 2019 | 60.77% |
| September 30, 2019 | 64.30% |
| June 30, 2019 | 62.59% |
| March 31, 2019 | 62.80% |
| December 31, 2018 | 51.90% |
| September 30, 2018 | 60.19% |
| June 30, 2018 | 65.64% |
| March 31, 2018 | 67.50% |
| December 31, 2017 | 52.39% |
| September 30, 2017 | 72.98% |
| June 30, 2017 | 66.99% |
| March 31, 2017 | 61.90% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
1.10%
Minimum
Dec 2022
64.30%
Maximum
Sep 2019
30.46%
Average
23.75%
Median
Sep 2021
Gross Profit Margin (Quarterly) Benchmarks
| Boqii Holding Ltd | -- |
| Lotus Technology Inc | -- |
| China Automotive Systems Inc | 21.78% |
| Trip.com Group Ltd | 80.53% |
| H World Group Ltd | 28.44% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -0.79% |
| Return on Assets | -0.55% |
| Return on Invested Capital | -0.71% |
| Profit Margin (Quarterly) | -79.68% |
| Operating Margin (Quarterly) | -5.19% |
| Return on Net Operating Assets | -2.54% |