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Cango Inc, Common Stock

CANG

NYQ

$5.05

-$0.71

(-12.33%)

1D
Industry: Specialty Retail Sector: Consumer Discretionary

Analyst Forecast

Price Chart

Key Metrics

Market Cap info-icon
This is a company’s total value as determined by the stock market. It is calculated by multiplying the total number of a company's outstanding shares by the current market price of one share.
$834.92M
P/E Ratio info-icon
This is the ratio of a security’s current share price to its earnings per share. This ratio determines the relative value of a company’s share.
44.4444
Volume info-icon
This is the total number of shares traded during the most recent trading day.
2.42M
Avg Volume info-icon
This is the average number of shares traded during the most recent 30 days.
0
Dividend Yield info-icon
This ratio shows how much income you earn in dividend payouts per year for every dollar invested in the stock (or the stock’s annual dividend payment expressed as a percentage of its current price).
0.00%
Beta info-icon
This measures the expected move in a stock’s price relative to movements in the overall market. The market, such as the S&P 500 Index, has a beta of 1.0. If a stock has a Beta greater (or lower) than 1.0, it suggests that the stock is more (or less) volatile than the broader market.
0.51
52-week Range info-icon
This shows the range of the stock’s price between the 52-week high (the highest price of the stock for the past 52 weeks) and the 52-week low (the lowest price of the stock for the past 52 weeks).
$0.95 L
$9.66 H
$5.05

About Cango Inc, Common Stock

Cango Inc. operates an automotive transaction service platform that connects dealers, original equipment manufacturers, financial institutions, car buyers, insurance brokers, and companies in the People's Republic of China. The company offers automobile trading solutions comprising car sourcing, transaction facilitation, logistics, and warehousing support for dealers through Cango Haoche app that offers new car transaction services, and Cango U-Car app that offers used-car transaction services. It also provides automotive financing facilitation services that include facilitating financing transactions from financial institutions to car buyers, which comprises credit origination, credit assessment, credit servicing, and delinquent asset management services; facilitating financing transactions of car purchases for car buyers; and after-market services to car buyers, which includes facilitating the sale of insurance policies from insurance brokers or companies. The company was founded in 2010 and is headquartered in Shanghai, the People's Republic of China. more

Industry: Specialty RetailSector: Consumer Discretionary

Returns

Time FrameCANGSectorS&P500
1-Week Return13.23%-3.04%-3%
1-Month Return21.98%6.39%-0.73%
3-Month Return213.66%16.09%2.87%
6-Month Return207.93%26.09%7.17%
1-Year Return405%28.2%25.31%
3-Year Return82.97%19.01%28.38%
5-Year Return-39.16%83.32%81.89%
10-Year Return-59.66%219.07%183.27%

Financials

Dec '19Dec '20Dec '21Dec '22Dec '235YR TREND
Total Revenue1.44B2.05B3.92B1.98B1.70B[{"date":"2019-12-31","value":36.72,"profit":true},{"date":"2020-12-31","value":52.34,"profit":true},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":50.5,"profit":true},{"date":"2023-12-31","value":43.4,"profit":true}]
Cost of Revenue539.27M1.10B2.96B1.83B1.51B[{"date":"2019-12-31","value":18.23,"profit":true},{"date":"2020-12-31","value":37.12,"profit":true},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":61.87,"profit":true},{"date":"2023-12-31","value":51.11,"profit":true}]
Gross Profit900.80M954.31M963.71M150.36M190.06M[{"date":"2019-12-31","value":93.47,"profit":true},{"date":"2020-12-31","value":99.03,"profit":true},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":15.6,"profit":true},{"date":"2023-12-31","value":19.72,"profit":true}]
Gross Margin62.55%46.50%24.57%7.59%11.17%[{"date":"2019-12-31","value":100,"profit":true},{"date":"2020-12-31","value":74.33,"profit":true},{"date":"2021-12-31","value":39.28,"profit":true},{"date":"2022-12-31","value":12.14,"profit":true},{"date":"2023-12-31","value":17.85,"profit":true}]
Operating Expenses577.51M636.01M986.96M1.10B263.81M[{"date":"2019-12-31","value":52.62,"profit":true},{"date":"2020-12-31","value":57.95,"profit":true},{"date":"2021-12-31","value":89.93,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":24.04,"profit":true}]
Operating Income485.67M429.86M53.91M(947.14M)(73.75M)[{"date":"2019-12-31","value":100,"profit":true},{"date":"2020-12-31","value":88.51,"profit":true},{"date":"2021-12-31","value":11.1,"profit":true},{"date":"2022-12-31","value":-195.02,"profit":false},{"date":"2023-12-31","value":-15.19,"profit":false}]
Total Non-Operating Income/Expense84.70M3.50B71.45M99.56M195.71M[{"date":"2019-12-31","value":2.42,"profit":true},{"date":"2020-12-31","value":100,"profit":true},{"date":"2021-12-31","value":2.04,"profit":true},{"date":"2022-12-31","value":2.85,"profit":true},{"date":"2023-12-31","value":5.6,"profit":true}]
Pre-Tax Income487.82M3.74B12.31M(874.51M)55.58M[{"date":"2019-12-31","value":13.03,"profit":true},{"date":"2020-12-31","value":100,"profit":true},{"date":"2021-12-31","value":0.33,"profit":true},{"date":"2022-12-31","value":-23.36,"profit":false},{"date":"2023-12-31","value":1.48,"profit":true}]
Income Taxes82.96M369.85M20.85M236.70M93.46M[{"date":"2019-12-31","value":22.43,"profit":true},{"date":"2020-12-31","value":100,"profit":true},{"date":"2021-12-31","value":5.64,"profit":true},{"date":"2022-12-31","value":64,"profit":true},{"date":"2023-12-31","value":25.27,"profit":true}]
Income After Taxes404.86M3.37B(8.54M)(1.11B)(37.87M)[{"date":"2019-12-31","value":12,"profit":true},{"date":"2020-12-31","value":100,"profit":true},{"date":"2021-12-31","value":-0.25,"profit":false},{"date":"2022-12-31","value":-32.94,"profit":false},{"date":"2023-12-31","value":-1.12,"profit":false}]
Income From Continuous Operations404.86M3.37B(8.54M)(1.11B)(493.03M)[{"date":"2019-12-31","value":12,"profit":true},{"date":"2020-12-31","value":100,"profit":true},{"date":"2021-12-31","value":-0.25,"profit":false},{"date":"2022-12-31","value":-32.94,"profit":false},{"date":"2023-12-31","value":-14.62,"profit":false}]
Income From Discontinued Operations-----[{"date":"2019-12-31","value":"-","profit":true},{"date":"2020-12-31","value":"-","profit":true},{"date":"2021-12-31","value":"-","profit":true},{"date":"2022-12-31","value":"-","profit":true},{"date":"2023-12-31","value":"-","profit":true}]
Net Income390.91M3.37B(8.54M)(1.11B)(37.87M)[{"date":"2019-12-31","value":11.6,"profit":true},{"date":"2020-12-31","value":100,"profit":true},{"date":"2021-12-31","value":-0.25,"profit":false},{"date":"2022-12-31","value":-32.98,"profit":false},{"date":"2023-12-31","value":-1.12,"profit":false}]
EPS (Diluted)3.0512.110.51(6.99)0.58[{"date":"2019-12-31","value":25.19,"profit":true},{"date":"2020-12-31","value":100,"profit":true},{"date":"2021-12-31","value":4.21,"profit":true},{"date":"2022-12-31","value":-57.72,"profit":false},{"date":"2023-12-31","value":4.79,"profit":true}]

Ratios

Liquidity

These ratios help you determine the liquidity of the company. Higher is better.

CANG
Cash Ratio 7.47
Current Ratio 7.83

Asset Efficiency

These ratios help you understand the company's efficiency in using its assets to generate returns. Higher is better. For ROE, average long term is around 14%, less than 10% is poor.

CANG
ROA (LTM) 1.54%
ROE (LTM) 3.54%

Liabilities

These ratios help you understand the company's liabilities, gauging the riskiness of the investment.

CANG
Debt Ratio Lower is generally better. Negative is bad. 0.12
Common Equity/Total Assets Higher is better. Lower can suggest investment is riskier. 0.88

Valuation

These ratios help you understand the company's valuation. Lower may indicate cheaper stocks.

CANG
Trailing PE 44.44
Forward PE NM
P/S (TTM) 3.13
P/B 1.53
EV/R 8.84
EV/Ebitda 9.67

FAQs

What is Cango Inc share price today?

Cango Inc (CANG) share price today is $5.05

Can Indians buy Cango Inc shares?

Yes, Indians can buy shares of Cango Inc (CANG) on Vested. To buy Cango Inc from India, you can open a US Brokerage account on Vested today by clicking on Sign Up or Invest in CANG stock at the top of this page. The account opening process is completely digital and secure, and takes a few minutes to complete.

Can Fractional shares of Cango Inc be purchased?

Yes, you can purchase fractional shares of Cango Inc (CANG) via the Vested app. You can start investing in Cango Inc (CANG) with a minimum investment of $1.

How to invest in Cango Inc shares from India?

You can invest in shares of Cango Inc (CANG) via Vested in three simple steps:

  • Click on Sign Up or Invest in CANG stock at the top of this page
  • Breeze through our fully digital and secure KYC process and open your US Brokerage account in a few minutes
  • Transfer USD funds to your US Brokerage account and start investing in Cango Inc shares
What is Cango Inc 52-week high and low stock price?

The 52-week high price of Cango Inc (CANG) is $9.66. The 52-week low price of Cango Inc (CANG) is $0.95.

What is Cango Inc price-to-earnings (P/E) ratio?

The price-to-earnings (P/E) ratio of Cango Inc (CANG) is 44.4444

What is Cango Inc price-to-book (P/B) ratio?

The price-to-book (P/B) ratio of Cango Inc (CANG) is 1.53

What is Cango Inc dividend yield?

The dividend yield of Cango Inc (CANG) is 0.00%

What is the Market Cap of Cango Inc?

The market capitalization of Cango Inc (CANG) is $834.92M

What is Cango Inc’s stock symbol?

The stock symbol (or ticker) of Cango Inc is CANG

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