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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
Time Frame | CANG | Sector | S&P500 |
---|---|---|---|
1-Week Return | 13.23% | -3.04% | -3% |
1-Month Return | 21.98% | 6.39% | -0.73% |
3-Month Return | 213.66% | 16.09% | 2.87% |
6-Month Return | 207.93% | 26.09% | 7.17% |
1-Year Return | 405% | 28.2% | 25.31% |
3-Year Return | 82.97% | 19.01% | 28.38% |
5-Year Return | -39.16% | 83.32% | 81.89% |
10-Year Return | -59.66% | 219.07% | 183.27% |
Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | 5YR TREND | |
---|---|---|---|---|---|---|
Total Revenue | 1.44B | 2.05B | 3.92B | 1.98B | 1.70B | [{"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 Revenue | 539.27M | 1.10B | 2.96B | 1.83B | 1.51B | [{"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 Profit | 900.80M | 954.31M | 963.71M | 150.36M | 190.06M | [{"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 Margin | 62.55% | 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 Expenses | 577.51M | 636.01M | 986.96M | 1.10B | 263.81M | [{"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 Income | 485.67M | 429.86M | 53.91M | (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/Expense | 84.70M | 3.50B | 71.45M | 99.56M | 195.71M | [{"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 Income | 487.82M | 3.74B | 12.31M | (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 Taxes | 82.96M | 369.85M | 20.85M | 236.70M | 93.46M | [{"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 Taxes | 404.86M | 3.37B | (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 Operations | 404.86M | 3.37B | (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 Income | 390.91M | 3.37B | (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) | 3.05 | 12.11 | 0.51 | (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}] |
These ratios help you determine the liquidity of the company. Higher is better.
CANG | |
---|---|
Cash Ratio | 7.47 |
Current Ratio | 7.83 |
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% |
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 |
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 |
Cango Inc (CANG) share price today is $5.05
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The 52-week high price of Cango Inc (CANG) is $9.66. The 52-week low price of Cango Inc (CANG) is $0.95.
The price-to-earnings (P/E) ratio of Cango Inc (CANG) is 44.4444
The price-to-book (P/B) ratio of Cango Inc (CANG) is 1.53
The dividend yield of Cango Inc (CANG) is 0.00%
The market capitalization of Cango Inc (CANG) is $834.92M
The stock symbol (or ticker) of Cango Inc is CANG