Cango Inc (NYSE:CANG)

$ 4.92 -0.28 (-5.38%) Market Cap: 542.67 Mil Enterprise Value: 18.17 Mil PE Ratio: 19.05 PB Ratio: 1.06 GF Score: 53/100

Q3 2024 Cango Inc Earnings Call Transcript
Nov 05, 2024

$2.83 (+1.07%)

Earnings
Q2 2024 Cango Inc Earnings Call Transcript
Aug 30, 2024

$1.72 (-2.82%)

Earnings
Q1 2024 Cango Inc Earnings Call Transcript
Jun 13, 2024

$1.58 (-15.58%)

Earnings
Q4 2023 Cango Inc Earnings Call Transcript
Mar 12, 2024

$1.58 (+1.94%)

Earnings
Q3 2023 Cango Inc Earnings Call Transcript
Nov 28, 2023

$1.11 (+0.91%)

Earnings
Q2 2023 Cango Inc Earnings Call Transcript
Aug 24, 2023

$1.38 (+10.40%)

Earnings
Q1 2023 Cango Inc Earnings Call Transcript
Jun 09, 2023

$1.2 (+0.84%)

Earnings
Q4 2022 Cango Inc Earnings Call Transcript
Mar 10, 2023

$1.27 (-3.05%)

Earnings
Q3 2022 Cango Inc Earnings Call Transcript
Nov 30, 2022

$1.29 (-15.13%)

Earnings
Q2 2022 Cango Inc Earnings Call Transcript
Aug 30, 2022

$2.33 (-10.04%)

Earnings
Q1 2022 Cango Inc Earnings Call Transcript
Jun 10, 2022

$3.08 (-4.05%)

Earnings
Q4 2021 Cango Inc Earnings Call Transcript
Mar 11, 2022

$2.66 (-11.33%)

Earnings
Q3 2021 Cango Inc Earnings Call Transcript
Nov 23, 2021

$3.79 (-9.98%)

Earnings
Q2 2021 Cango Inc Earnings Call Transcript
Aug 20, 2021

$3.45 (-3.63%)

Earnings
Q1 2021 Cango Inc Earnings Call Transcript
Jun 01, 2021

$5.46 (-5.04%)

Earnings
Q4 2020 Cango Inc Earnings Call Transcript
Mar 12, 2021

$9.45 (-12.90%)

Earnings
Q3 2020 Cango Inc Earnings Call Transcript
Nov 24, 2020

$9.8 (+12.64%)

Earnings
Q2 2020 Cango Inc Earnings Call Transcript
Aug 25, 2020

$6.15 (-2.38%)

Earnings
Q1 2020 Cango Inc Earnings Call Transcript
May 28, 2020

$4.81 (-3.80%)

Earnings
Q4 2019 Cango Inc Earnings Call Transcript
Mar 24, 2020

$5.28 (+5.29%)

Earnings
Q3 2019 Cango Inc Earnings Call Transcript
Nov 15, 2019

$6.82 (+0.89%)

Earnings
Q2 2019 Cango Inc Earnings Call Transcript
Sep 04, 2019

$5.13 (+1.79%)

Earnings
Q1 2019 Cango Inc Earnings Call Transcript
May 29, 2019

$4.7 (-6.00%)

Earnings
Q4 2018 Cango Inc Earnings Call Transcript
Mar 28, 2019

$7 (-2.10%)

Earnings

Q2 2024 Cango Inc Earnings Call Transcript

Aug 30, 2024 / 01:00AM GMT

Release Date Price: $1.72 (-2.82%)

Transcript

Operator

Good morning and good evening, everyone. Welcome to Cango Inc's second quarter 2024 earnings conference call. (Operator Instructions) This call is also being broadcast live on the company's IR website.

Joining us today are Mr. Jiayuan Lin, Chief Executive Officer; and Mr. Yongyi Zhang, Chief Financial Officer of the company. Following management's prepared remarks, we will conduct the Q&A session. Before we begin, I refer you to the Safe Harbor statement in the company's earnings release, which also applies to the conference call today as management will make forward-looking statements.

With that said, I'm now turning the call over to Mr. Jiayuan Lin, CEO of Cango. Please go ahead, sir.

Jiayuan Lin

Cango Inc - Chief Executive Officer, Co-Founder, Director

Hello everyone and welcome to Cango's second quarter 2024 earnings call. In the second quarter of 2024, the automotive market remains sluggish, presenting significant challenges for the industry.

According to the China Association of Automobile Manufacturers, vehicle

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