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Consolidated Statements of Comprehensive Income (Loss)
12 Months Ended
Dec. 31, 2021
CNY (¥)
¥ / shares
shares
Dec. 31, 2021
USD ($)
$ / shares
shares
Dec. 31, 2020
CNY (¥)
¥ / shares
shares
Dec. 31, 2019
CNY (¥)
¥ / shares
shares
Revenues        
Revenue ¥ 3,921,716,406 $ 615,402,882 ¥ 2,052,431,752 ¥ 1,440,068,825
Operating cost and expenses        
Cost of revenue 2,958,009,872 464,176,297 1,098,120,749 539,267,417
Sales and marketing 239,333,085 37,556,584 195,893,662 192,811,348
General and administrative 276,179,441 43,338,581 265,691,411 236,551,077
Research and development 70,278,081 11,028,164 62,596,195 57,405,921
Net loss on risk assurance liabilities 197,750,449 31,031,361 2,268,180 34,257,754
Provision for credit losses and other assets 203,415,094 31,920,267 109,564,631 56,478,959
Total operating cost and expense 3,944,966,022 619,051,254 1,734,134,828 1,116,772,476
Income (loss) from operations (23,249,616) (3,648,372) 318,296,924 323,296,349
Interest income 26,373,471 4,138,573 34,901,335 51,574,467
Loss from equity method investments 0 0 0 (926,205)
Net gain (loss) on equity securities (12,991,522) (2,038,654) 3,353,381,213 86,011,918
Interest expense (14,481,195) (2,272,414) (2,758,629) (13,457,818)
Foreign exchange gain (loss), net 1,351,400 212,064 (8,848,354) 5,141,112
Other income, net 41,911,589 6,576,843 49,139,337 41,300,464
Other expenses (6,605,833) (1,036,599) (838,115) (5,121,054)
Net income before income taxes 12,308,294 1,931,441 3,743,273,711 487,819,233
Income tax expenses (20,852,646) (3,272,235) (369,853,650) (82,960,493)
Net income (loss) (8,544,352) (1,340,794) 3,373,420,061 404,858,740
Less: Net income attributable to non-controlling interests 0 0 3,902,214 13,944,848
Net income (loss) attributable to Cango Inc.'s shareholders ¥ (8,544,352) $ (1,340,794) ¥ 3,369,517,847 ¥ 390,913,892
Earnings per ADS (2 ordinary shares equal 1 ADS):        
Basic | (per share) ¥ (0.06) $ (0.01) ¥ 22.43 ¥ 2.59
Diluted | (per share) ¥ (0.06) $ (0.01) ¥ 22.18 ¥ 2.58
Other comprehensive (loss) income, net of tax        
Unrealized loss on available-for-sale securities | ¥       ¥ (146,801)
Reclassification of losses to net loss | ¥       (276,843)
Foreign currency translation adjustment ¥ (72,130,683) $ (11,318,878) ¥ (234,817,165) 10,401,386
Total comprehensive income (loss), net of tax (80,675,035) (12,659,672) 3,138,602,896 414,836,482
Total comprehensive income attributable to non-controlling interests 0 0 3,902,214 13,944,848
Total comprehensive income (loss) attributable to Cango Inc.'s shareholders ¥ (80,675,035) $ (12,659,672) ¥ 3,134,700,682 ¥ 400,891,634
Class A and Class B Ordinary Shares [Member]        
Earnings per share        
Basic | (per share) ¥ (0.03) $ 0.00 ¥ 11.21 ¥ 1.29
Diluted | (per share) ¥ (0.03) $ 0.00 ¥ 11.09 ¥ 1.29
Weighted average shares used to compute earnings per share:        
Basic | shares 289,892,905 289,892,905 300,484,860 302,417,352
Diluted | shares 289,892,905 289,892,905 303,900,645 303,283,658
Automobile trading income [Member]        
Revenues        
Revenue ¥ 2,227,171,554 $ 349,491,817 ¥ 624,773,721 ¥ 11,414,382
Loan facilitation income and other related income [Member]        
Revenues        
Revenue 1,233,556,212 193,571,888 891,836,601 913,836,623
Leasing income [Member]        
Revenues        
Revenue 251,295,105 39,433,686 286,079,245 300,078,043
After-market Service Facilitation Service Income [Member]        
Revenues        
Revenue 193,786,856 30,409,386 241,193,243 205,998,075
Others [Member]        
Revenues        
Revenue ¥ 15,906,679 $ 2,496,105 ¥ 8,548,942 ¥ 8,741,702