R&D expense · 2018–2024

Cango R&D expense

$748,980−82.3% · FY2024

Cango (CANG) reported $748,980 in R&D expense for fiscal 2024, −82.3% year on year.

$6.8M2018$8.2M2019$9.6M2020$11.0M2021$6.7M2022$4.2M2023$748,9802024
Cango — R&D expense, 2018–2024
Fiscal yearR&D expenseChangeFiling
FY20242024-12-31$748,980−82.3%Open →
FY20232023-12-31$4.2M−36.3%Open →
FY20222022-12-31$6.7M−39.6%Open →
FY20212021-12-31$11.0M+15.0%Open →
FY20202020-12-31$9.6M+16.3%Open →
FY20192019-12-31$8.2M+21.4%Open →
FY20182018-12-31$6.8M—Open →

R&D expense — Research and development expense is what the company charged to R&D in the income statement for the year. Most companies report no R&D at all — the line is absent rather than zero — so this ranking covers the roughly 40% of filers that do.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2018–2024 compound annual growth −30.8%

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Cango R&D expense |url=https://companiesranked.com/en/company/cango/research-and-development-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Cango R&D expense. CompaniesRanked. https://companiesranked.com/en/company/cango/research-and-development-expense

BibTeX

@misc{companiesranked-en-company-cango-research-and-development-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{Cango R\&D expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/cango/research-and-development-expense}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 20-F · 0001410578-25-000492 · March 27, 2025

{{cite web |title=Cango R&D expense — 20-F (0001410578-25-000492) |url=https://www.sec.gov/Archives/edgar/data/1725123/000141057825000492/cang-20241231x20f.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2025-03-27}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

← Cango overview