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Earnings Per Share ("EPS") (Tables) | 12 Months Ended
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Dec. 31, 2021
Earnings Per Share [Abstract] |
Summary of Computation of Basic and Diluted Net Income Per Share | The following table sets forth the computation of basic and diluted net income per share for the years ended December 31, 2019, 2020 and 2021:
|  | For the years ended December 31, |
Basic EPS: |  | 2019 |  |  | 2020 |  |  | 2021 |
|  | Class A Ordinary |  |  | Class B Ordinary |  |  | Class A |  |  | Class B |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Shares |  |  | Shares |  |  | Ordinary Shares |  |  | Ordinary Shares |  |  | Class A Ordinary Shares |  |  | Class B Ordinary Shares |
|  | RMB |  |  | RMB |  |  | RMB |  |  | RMB |  |  | RMB |  |  | US$ |  |  | RMB |  |  | US$ |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income (loss) attributable to Cango Inc’s shareholders |  |  | 289,646,757 |  |  |  | 101,267,135 |  |  |  | 2,513,009,017 |  |  |  | 856,508,830 |  |  |  | (6,374,737 | ) |  |  | (1,000,334 | ) |  |  | (2,169,615 | ) |  |  | (340,460 | )
Denominator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Number of shares used for Basic EPS computation (millions of shares) |  |  | 224.07 |  |  |  | 78.34 |  |  |  | 224.10 |  |  |  | 76.38 |  |  |  | 216.28 |  |  |  | 216.28 |  |  |  | 73.61 |  |  |  | 73.61 |
Basic EPS |  |  | 1.29 |  |  |  | 1.29 |  |  |  | 11.21 |  |  |  | 11.21 |  |  |  | (0.03 | ) |  |  | (0.00 | ) |  |  | (0.03 | ) |  |  | (0.00 | )
|  | For the years ended December 31, |
Diluted EPS: |  | 2019 |  |  | 2020 |  |  | 2021 |
|  | Class A |  |  | Class B |  |  | Class A |  |  | Class B |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Ordinary Shares |  |  | Ordinary Shares |  |  | Ordinary Shares |  |  | Ordinary Shares |  |  | Class A Ordinary Shares |  |  | Class B Ordinary Shares |
|  | RMB |  |  | RMB |  |  | RMB |  |  | RMB |  |  | RMB |  |  | US$ |  |  | RMB |  |  | US$ |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income (loss) attributable to ordinary shareholders |  |  | 289,937,256 |  |  |  | 100,976,636 |  |  |  | 2,522,647,912 |  |  |  | 846,869,935 |  |  |  | (6,374,737 | ) |  |  | (1,000,334 | ) |  |  | (2,169,615 | ) |  |  | (340,460 | )
Reallocation of net income as a result of conversion of Class B to Class A shares |  |  | 100,976,636 |  |  |  | — |  |  |  | 846,869,935 |  |  |  | — |  |  |  | (2,169,615 | ) |  |  | (340,460 | ) |  |  | — |  |  |  | — |
Net income (loss) attributable to ordinary shareholders for diluted EPS |  |  | 390,913,892 |  |  |  | 100,976,636 |  |  |  | 3,369,517,847 |  |  |  | 846,869,935 |  |  |  | (8,544,352 | ) |  |  | (1,340,794 | ) |  |  | (2,169,615 | ) |  |  | (340,460 | )
Denominator: (millions of shares) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Number of shares used for basic EPS computation |  |  | 224.07 |  |  |  | 78.34 |  |  |  | 224.10 |  |  |  | 76.38 |  |  |  | 216.28 |  |  |  | 216.28 |  |  |  | 73.61 |  |  |  | 73.61 |
Weighted average effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Conversion of Class B to Class A ordinary shares |  |  | 78.34 |  |  |  | — |  |  |  | 76.38 |  |  |  | — |  |  |  | 73.61 |  |  |  | 73.61 |  |  |  | — |  |  |  | — |
Adjustments for dilutive share options |  |  | 0.87 |  |  |  | — |  |  |  | 3.42 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Number of shares used for diluted EPS computation |  |  | 303.28 |  |  |  | 78.34 |  |  |  | 303.90 |  |  |  | 76.38 |  |  |  | 289.89 |  |  |  | 289.89 |  |  |  | 73.61 |  |  |  | 73.61 |
Diluted EPS |  |  | 1.29 |  |  |  | 1.29 |  |  |  | 11.09 |  |  |  | 11.09 |  |  |  | (0.03 | ) |  |  | (0.00 | ) |  |  | (0.03 | ) |  |  | (0.00 | )
Earnings per share – ADS: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Denominator used for earnings per ADS – basic |  |  | 112.04 |  |  |  |  |  |  |  | 112.05 |  |  |  |  |  |  |  | 108.14 |  |  |  | 108.14 |  |  |  |  |  |  |  |  |
Denominator used for earnings per ADS – diluted |  |  | 151.64 |  |  |  |  |  |  |  | 151.95 |  |  |  |  |  |  |  | 144.95 |  |  |  | 144.95 |  |  |  |  |  |  |  |  |
Earnings per ADS – basic |  |  | 2.59 |  |  |  |  |  |  |  | 22.43 |  |  |  |  |  |  |  | (0.06 | ) |  |  | (0.01 | ) |  |  |  |  |  |  |  |
Earnings per ADS – diluted |  |  | 2.58 |  |  |  |  |  |  |  | 22.18 |  |  |  |  |  |  |  | (0.06 | ) |  |  | (0.01 | ) |  |  |  |  |  |  |  |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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