View ValuationThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsCango 将来の成長Future 基準チェック /26Cango収益と収益がそれぞれ年間96.2%と39.5%増加すると予測されています。主要情報96.2%収益成長率n/aEPS成長率Specialty Retail 収益成長26.6%収益成長率39.5%将来の株主資本利益率n/aアナリストカバレッジLow最終更新日16 Oct 2025今後の成長に関する最新情報お知らせ • Nov 05Cango Inc. Provides Revenue Guidance for the Fourth Quarter of 2024Cango Inc. provided revenue guidance for the fourth quarter of 2024. For the fourth quarter of 2024, the Company expects total revenues to be between RMB 15.0 million and RMB 17.5 million. This forecast reflects the Company's current and preliminary views on the market and operational conditions, which are subject to change.お知らせ • Aug 30Cango Inc. Provides Revenue Guidance for the Third Quarter of 2024Cango Inc. provided revenue guidance for the third quarter of 2024. For the third quarter of 2024, the Company expects total revenues to be between RMB 20 million and RMB 25 million.お知らせ • Mar 12Cango Inc. Provides Revenue Guidance for the First Quarter of 2024Cango Inc. provided revenue guidance for the first quarter of 2024. For the first quarter of 2024, the Company expects total revenues to be between RMB 50 million and RMB 100 million.お知らせ • Aug 29Cango Inc. Provides Revenue Guidance for the Third Quarter of 2023Cango Inc. provided revenue guidance for the third quarter of 2023. for the quarter, the company expects total revenues to be between RMB 300 million and RMB 350 million.お知らせ • Jun 09Cango Inc. Provides Revenue Guidance for the Second Quarter of 2023Cango Inc. provided revenue guidance for the second quarter of 2023. For the second quarter of 2023, the Company expects total revenues to be between RMB 600 million and RMB 650 million.お知らせ • Nov 30Cango Inc. Provides Revenue Guidance for the Fourth Quarter of 2022Cango Inc. provided revenue guidance for the fourth quarter of 2022. For the fourth quarter of 2022, the company expects total revenues to be between RMB 450 million and RMB 500 million.すべての更新を表示Recent updatesお知らせ • Nov 25Cango Inc. to Report Q3, 2025 Results on Dec 01, 2025Cango Inc. announced that they will report Q3, 2025 results After-Market on Dec 01, 2025お知らせ • Sep 05Cango Inc. Announced Impairment Results for the Second Quarter Ended June 30, 2025Cango Inc. announced impairment results for the second quarter ended June 30, 2025. For the period, Impairment loss from mining machines in the second quarter of 2025 was RMB 1.8 billion (USD 256.9 million).お知らせ • Sep 02Cango Inc. to Report Q2, 2025 Results on Sep 04, 2025Cango Inc. announced that they will report Q2, 2025 results After-Market on Sep 04, 2025お知らせ • Jul 23+ 1 more updateEnduring Wealth Capital Limited completed the acquisition of 2.8% stake in Cango Inc. (NYSE:CANG) from Jiayuan Lin and Xiaojun Zhang.Enduring Wealth Capital Limited signed non-binding letter of intent to acquire unknown minority stake in Cango Inc. (NYSE:CANG) from Jiayuan Lin and Xiaojun Zhang for $70 million on March 14, 2025. A cash consideration of $70 million will be paid by Enduring Wealth Capital Limited for 10 million class B shares of Cango Inc. The Board of Directors of Cango Inc. formed a special committee for the transaction. The transaction is subject to approval of shareholders of Cango Inc. Enduring Wealth Capital Limited completed the acquisition of 2.8% stake in Cango Inc. (NYSE:CANG) from Jiayuan Lin and Xiaojun Zhang on July 23, 2025. Jiayuan Lin and Xiaojun Zhang converted their remaining Class B shares into Class A shares, now holding 18.54% of total outstanding shares and 12.07% of voting power. Enduring Wealth Capital Limited now holds about 2.82% of outstanding shares and 36.73% of voting power.お知らせ • Jun 28Cango Inc. (NYSE:CANG) completed the acquisition of On-rack crypto mining machines with an aggregate hashrate of 18 Exahash per second from Golden TechGen Limited, Fortune Peak Limited and Silver Crest Limited for approximately $620 million.Cango Inc. (NYSE:CANG) entered into a Sales and Purchase Agreement to acquire On-rack crypto mining machines with an aggregate hashrate of 18 Exahash per second from Golden TechGen Limited, Fortune Peak Limited and Silver Crest Limited on November 6, 2024. As for the consideration, Cango Inc. agreed to issue 146,670,925 Class A ordinary shares to multiple sellers in exchange for crypto mining machines totaling 18 Exahash per second of capacity. The transaction is fully share-settled, with no cash component. Additionally, up to 97,780,616 bonus shares may be issued upon the occurrence of a defined bonus-triggering event. The structure and total volume of shares remain unchanged despite amendments, though allocations among sellers were adjusted. Upon closing, Golden TechGen Limited (GT) is expected to hold approximately 19.85% of Cango’s outstanding shares. The agreement also includes a clause allowing for further issuance of "Adjustment Shares" if the proceeds from the company’s PRC business divestiture decline by more than US 7 million. The agreement has since been amended four times, refining terms while maintaining the original structure and scope. On March 26, 2025, the first amendment extended the long-stop date for closing to July 31, 2025. The second amendment, signed on April 3, 2025, did not disclose specific changes. On June 4, 2025, the third amendment revised the share consideration to 146,670,925 Class A shares and up to 97,780,616 bonus shares, and modified the adjustment mechanism to allow for additional share issuance if proceeds from the PRC business divestiture fall by more than US$7 million. The fourth amendment, dated June 23, 2025, reallocated the hashrate and corresponding share and bonus share distributions among the sellers—Golden TechGen Limited, Fortune Peak Limited, and Silver Crest Limited—with GT projected to hold approximately 19.85% of the company post-closing. Despite these changes, the total hashrate and aggregate share consideration remained unchanged across all amendments. Cango Inc. (NYSE:CANG) completed the acquisition of On-rack crypto mining machines with an aggregate hashrate of 18 Exahash per second from Golden TechGen Limited, Fortune Peak Limited and Silver Crest Limited on June 27, 2025.お知らせ • May 28Ursalpha Digital Limited completed the acquisition of PRC Business of Cango Inc. (NYSE:CANG) for approximately $350 million.Ursalpha Digital Limited entered into definitive agreement to acquire PRC Business of Cango Inc. (NYSE:CANG) for approximately $350 million on April 3, 2025. A cash consideration of $351.94 million will be paid by Ursalpha Digital Limited. As part of consideration, $351.94 million is paid towards assets of PRC Business of Cango Inc. The transaction is subject to approval of merger agreement by target board and approval of offer by target shareholders and the completion of an internal restructuring at Cango Inc. that separates its PRC Business from its businesses outside China. The deal has been approved by the board. The deal has been approved by the Cango Inc.'s special committee formed to assess and consider the transaction. On May 16, 2025, the shareholders of Cango Inc. approved the transaction. Ursalpha Digital Limited completed the acquisition of PRC Business of Cango Inc. (NYSE:CANG) on May 27, 2025.お知らせ • May 09Cango Inc. to Report Q1, 2025 Results on May 14, 2025Cango Inc. announced that they will report Q1, 2025 results After-Market on May 14, 2025お知らせ • Apr 05Ursalpha Digital Limited agreed to acquire PRC Business of Cango Inc. (NYSE:CANG) for approximately $350 million.Ursalpha Digital Limited entered into definitive agreement to acquire PRC Business of Cango Inc. (NYSE:CANG) for approximately $350 million on April 3, 2025. A cash consideration of $351.94 million will be paid by Ursalpha Digital Limited. As part of consideration, $351.94 million is paid towards assets of PRC Business of Cango Inc. The transaction is subject to approval of merger agreement by target board and approval of offer by target shareholders and the completion of an internal restructuring at Cango Inc. that separates its PRC Business from its businesses outside China. The Board of Directors of PRC Business of Cango Inc. formed a special committee for the transaction. The deal has been approved by the board. The deal has been approved by the Cango Inc.'s special committee formed to assess and consider the transaction.お知らせ • Mar 14Cango Inc. (NYSE:CANG) announces an Equity Buyback for $30 million worth of its shares.Cango Inc. (NYSE:CANG) announces a share repurchase program. Under the program, the company will repurchase up to $30 million of its American depositary shares each representing two class A ordinary shares and/or class A ordinary shares. The share repurchases will be funded from company's existing cash balance. The program is valid for 12 months starting from April 25, 2025.お知らせ • Feb 28Cango Inc. to Report Q4, 2024 Results on Mar 06, 2025Cango Inc. announced that they will report Q4, 2024 results After-Market on Mar 06, 2025New Risk • Nov 12New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 13% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 44% per year over the past 5 years.Valuation Update With 7 Day Price Move • Nov 12Investor sentiment improves as stock rises 32%After last week's 32% share price gain to €3.40, the stock trades at a trailing P/E ratio of 22.3x. Average trailing P/E is 11x in the Specialty Retail industry in Germany. Total returns to shareholders of 103% over the past three years.Reported Earnings • Nov 06Third quarter 2024 earnings released: EPS: CN¥1.31 (vs CN¥0.45 loss in 3Q 2023)Third quarter 2024 results: EPS: CN¥1.31 (up from CN¥0.45 loss in 3Q 2023). Revenue: CN¥27.0m (down 92% from 3Q 2023). Net income: CN¥67.9m (up CN¥117.0m from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.お知らせ • Nov 05Cango Inc. Provides Revenue Guidance for the Fourth Quarter of 2024Cango Inc. provided revenue guidance for the fourth quarter of 2024. For the fourth quarter of 2024, the Company expects total revenues to be between RMB 15.0 million and RMB 17.5 million. This forecast reflects the Company's current and preliminary views on the market and operational conditions, which are subject to change.お知らせ • Oct 31Cango Inc. to Report Q3, 2024 Results on Nov 04, 2024Cango Inc. announced that they will report Q3, 2024 results After-Market on Nov 04, 2024Valuation Update With 7 Day Price Move • Oct 29Investor sentiment improves as stock rises 29%After last week's 29% share price gain to €2.04, the stock trades at a trailing P/E ratio of 79.9x. Average trailing P/E is 11x in the Specialty Retail industry in Germany. Total returns to shareholders of 23% over the past three years.Valuation Update With 7 Day Price Move • Oct 04Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €1.69, the stock trades at a trailing P/E ratio of 58.1x. Average trailing P/E is 17x in the Specialty Retail industry in Germany. Total returns to shareholders of 9.1% over the past three years.Reported Earnings • Aug 30Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: CN¥45.1m (down 93% from 2Q 2023). Net income: CN¥86.0m (up 138% from 2Q 2023).お知らせ • Aug 30Cango Inc. Provides Revenue Guidance for the Third Quarter of 2024Cango Inc. provided revenue guidance for the third quarter of 2024. For the third quarter of 2024, the Company expects total revenues to be between RMB 20 million and RMB 25 million.お知らせ • Aug 23Cango Inc. to Report Q2, 2024 Results on Aug 29, 2024Cango Inc. announced that they will report Q2, 2024 results After-Market on Aug 29, 2024Reported Earnings • Jun 14First quarter 2024 earnings released: EPS: CN¥1.71 (vs CN¥0.58 in 1Q 2023)First quarter 2024 results: EPS: CN¥1.71 (up from CN¥0.58 in 1Q 2023). Revenue: CN¥64.4m (down 88% from 1Q 2023). Net income: CN¥90.0m (up 14% from 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.Reported Earnings • Apr 29Full year 2023 earnings released: CN¥0.31 loss per share (vs CN¥8.11 loss in FY 2022)Full year 2023 results: CN¥0.31 loss per share (improved from CN¥8.11 loss in FY 2022). Revenue: CN¥1.70b (down 14% from FY 2022). Net loss: CN¥37.9m (loss narrowed 97% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance.お知らせ • Apr 23Cango Inc. (NYSE:CANG) announces an Equity Buyback for $50 million worth of its shares.Cango Inc. (NYSE:CANG) announces a share repurchase program. Under the program, the company will repurchase up to $50 million of its American depositary shares each representing 2 class A ordinary shares and/or class A ordinary shares. The share repurchases will be funded from company's existing cash balance. The program is valid for 12 months starting from April 25, 2024.お知らせ • Mar 12Cango Inc. Provides Revenue Guidance for the First Quarter of 2024Cango Inc. provided revenue guidance for the first quarter of 2024. For the first quarter of 2024, the Company expects total revenues to be between RMB 50 million and RMB 100 million.Reported Earnings • Mar 12Full year 2023 earnings releasedFull year 2023 results: Revenue: CN¥1.70b (down 14% from FY 2022). Net loss: CN¥37.9m (loss narrowed 97% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance.お知らせ • Mar 06Cango Inc. to Report Q4, 2023 Results on Mar 11, 2024Cango Inc. announced that they will report Q4, 2023 results After-Market on Mar 11, 2024お知らせ • Nov 29+ 1 more updateCango Inc. Reports Impairment Charges for the Third Quarter of 2023Cango Inc. reported impairment charges for the third quarter of 2023. For the period, the company reported impairment loss from goodwill of RMB 148,657,971.Reported Earnings • Nov 28Third quarter 2023 earnings released: CN¥0.90 loss per share (vs CN¥0.95 loss in 3Q 2022)Third quarter 2023 results: CN¥0.90 loss per share (improved from CN¥0.95 loss in 3Q 2022). Revenue: CN¥353.6m (down 15% from 3Q 2022). Net loss: CN¥49.1m (loss narrowed 62% from 3Q 2022).お知らせ • Nov 22Cango Inc. to Report Q3, 2023 Results on Nov 27, 2023Cango Inc. announced that they will report Q3, 2023 results After-Market on Nov 27, 2023お知らせ • Aug 29Cango Inc. Provides Revenue Guidance for the Third Quarter of 2023Cango Inc. provided revenue guidance for the third quarter of 2023. for the quarter, the company expects total revenues to be between RMB 300 million and RMB 350 million.New Risk • Aug 25New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 17% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.9% average weekly change).Reported Earnings • Aug 24Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: CN¥675.4m (up 134% from 2Q 2022). Net income: CN¥36.2m (up CN¥322.0m from 2Q 2022). Profit margin: 5.4% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue.お知らせ • Aug 19Cango Inc. to Report Q2, 2023 Results on Aug 23, 2023Cango Inc. announced that they will report Q2, 2023 results on Aug 23, 2023New Risk • Jun 11New major risk - Revenue and earnings growthEarnings have declined by 7.5% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 7.5% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.5% average weekly change).Reported Earnings • Jun 09First quarter 2023 earnings released: EPS: CN¥0.58 (vs CN¥0.98 loss in 1Q 2022)First quarter 2023 results: EPS: CN¥0.58 (up from CN¥0.98 loss in 1Q 2022). Revenue: CN¥542.6m (down 31% from 1Q 2022). Net income: CN¥78.8m (up CN¥214.9m from 1Q 2022). Profit margin: 14% (up from net loss in 1Q 2022). The move to profitability was driven by lower expenses. Revenue is forecast to grow 63% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Specialty Retail industry in Germany.お知らせ • Jun 09Cango Inc. Provides Revenue Guidance for the Second Quarter of 2023Cango Inc. provided revenue guidance for the second quarter of 2023. For the second quarter of 2023, the Company expects total revenues to be between RMB 600 million and RMB 650 million.お知らせ • Jun 06Cango Inc. to Report Q1, 2023 Results on Jun 08, 2023Cango Inc. announced that they will report Q1, 2023 results After-Market on Jun 08, 2023Reported Earnings • Mar 19Full year 2022 earnings released: CN¥8.11 loss per share (vs CN¥0.059 loss in FY 2021)Full year 2022 results: CN¥8.11 loss per share (further deteriorated from CN¥0.059 loss in FY 2021). Revenue: CN¥1.98b (down 50% from FY 2021). Net loss: CN¥1.11b (loss widened CN¥1.10b from FY 2021). Revenue is forecast to grow 50% p.a. on average during the next 2 years, compared to a 6.8% growth forecast for the Specialty Retail industry in Germany.Reported Earnings • Dec 01Third quarter 2022 earnings released: CN¥1.91 loss per share (vs CN¥2.88 loss in 3Q 2021)Third quarter 2022 results: CN¥1.91 loss per share (improved from CN¥2.88 loss in 3Q 2021). Revenue: CN¥416.4m (down 48% from 3Q 2021). Net loss: CN¥130.3m (loss narrowed 69% from 3Q 2021). Revenue is forecast to grow 45% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Online Retail industry in Germany.お知らせ • Nov 30Cango Inc. Provides Revenue Guidance for the Fourth Quarter of 2022Cango Inc. provided revenue guidance for the fourth quarter of 2022. For the fourth quarter of 2022, the company expects total revenues to be between RMB 450 million and RMB 500 million.お知らせ • Nov 24Cango Inc. to Report Q3, 2022 Results on Nov 29, 2022Cango Inc. announced that they will report Q3, 2022 results at 4:00 PM, US Eastern Standard Time on Nov 29, 2022Board Change • Nov 17Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 2 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Rong Liu was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Oct 12Cango Inc. Declares Special Cash Dividend, Payable on November 23, 2022Cango Inc. announced that its Board of Directors has approved and declared a special cash dividend of USD 0.5 per ordinary share (or USD 1 per American depositary share) on its outstanding shares, to be paid on November 23, 2022 to shareholders of record as of the close of trading on October 24, 2022.Reported Earnings • Aug 31Second quarter 2022 earnings released: CN¥2.08 loss per share (vs CN¥3.85 profit in 2Q 2021)Second quarter 2022 results: CN¥2.08 loss per share (down from CN¥3.85 profit in 2Q 2021). Revenue: CN¥289.2m (down 70% from 2Q 2021). Net loss: CN¥285.8m (down 151% from profit in 2Q 2021). Over the next year, revenue is forecast to grow 21%, compared to a 30% growth forecast for the Online Retail industry in Germany.お知らせ • Aug 30Cango Inc. Provides Revenue Guidance for the Third Quarter of 2022Cango Inc. provided revenue guidance for the third quarter of 2022. For the quarter, the Company expects total revenues to be between RMB 350 million and RMB 400 million.お知らせ • Aug 26Cango Inc. to Report Q2, 2022 Results on Aug 29, 2022Cango Inc. announced that they will report Q2, 2022 results After-Market on Aug 29, 2022Valuation Update With 7 Day Price Move • Jul 23Investor sentiment improved over the past weekAfter last week's 20% share price gain to €2.79, the stock trades at a trailing P/E ratio of 18.3x. Average forward P/E is 16x in the Online Retail industry in Germany. Total loss to shareholders of 30% over the past year.Valuation Update With 7 Day Price Move • Jun 23Investor sentiment improved over the past weekAfter last week's 17% share price gain to €2.66, the stock trades at a trailing P/E ratio of 21.3x. Average forward P/E is 16x in the Online Retail industry in Germany. Total loss to shareholders of 40% over the past year.お知らせ • Jun 22Cango Inc. Launches Cango Haoche APPCango Inc. announced that the Company launched its Cango Haoche mobile application (the "APP") on June 20, 2022. Built on the success of its Cango Haoche WeChat mini-program, which was introduced last year, the APP marks an important milestone for Cango in transforming its business into a one-stop automotive transaction services platform empowering the whole automotive chain. With this new APP, Cango aims to meet dealers' evolving and diverse demands more promptly and accurately with a stabler and more robust system, as well as smoother and richer functionality. The APP provides end-to-end services to dealers, especially small- and medium-sized dealers in lower-tier markets, ranging from steady vehicle sources and nationwide warehousing and logistics services to support for financial and insurance services. In addition to the WeChat mini-program's original services such as online car search, vehicle source listing and model search, the new APP supports real-time inventory inquiries for proprietary vehicles, enabling registered dealers to access inventory status and make decisions accordingly. Furthermore, Cango optimized the APP's online payment feature, providing dealers with greater convenience and security for their online transactions. Going forward, the Cango Haoche APP and WeChat mini program will run in parallel. Dealers can easily conduct car searches, check vehicle sources and review trending recommendations of proprietary car models on the mini-program, while accessing increasingly efficient empowerment services and functions on the APP, strengthening user stickiness. To provide a more interactive experience and further increase user loyalty, the Company will periodically launch discounts, coupons, gifts and other special offers through the APP.Reported Earnings • Jun 11First quarter 2022 earnings released: CN¥0.98 loss per share (vs CN¥1.84 loss in 1Q 2021)First quarter 2022 results: CN¥0.98 loss per share (up from CN¥1.84 loss in 1Q 2021). Revenue: CN¥787.7m (down 30% from 1Q 2021). Net loss: CN¥136.2m (loss narrowed 50% from 1Q 2021). Over the next year, revenue is expected to shrink by 4.7% compared to a 36% growth forecast for the industry in Germany.お知らせ • Jun 10Cango Inc. Provides Revenue Guidance for the Second Quarter of 2022Cango Inc. provided revenue guidance for the second quarter of 2022. For the quarter, the Company expects total revenues to be between RMB 250 million and RMB 300 million.お知らせ • Jun 07Cango Inc. to Report Q1, 2022 Results on Jun 09, 2022Cango Inc. announced that they will report Q1, 2022 results After-Market on Jun 09, 2022お知らせ • May 20Cango Inc. Announces Resignation of Xiaoyu Liu as Director, Effective May 19, 2022Cango Inc. announced that Xiaoyu Liu has tendered his resignation as a director of Cango for personal reasons. Liu's resignation became effective on May 19, 2022. The Company would like to express its gratitude for services provided by Mr. Liu.Reported Earnings • Apr 28Full year 2021 earnings released: CN¥0.059 loss per share (vs CN¥22.43 profit in FY 2020)Full year 2021 results: CN¥0.059 loss per share (down from CN¥22.43 profit in FY 2020). Revenue: CN¥3.92b (up 91% from FY 2020). Net loss: CN¥8.54m (down 100% from profit in FY 2020). Over the next year, revenue is forecast to grow 14%, compared to a 40% growth forecast for the retail industry in Germany.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 6 experienced directors. 2 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Rong Liu was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Apr 23+ 1 more updateCango Inc. Declares Special Cash Dividend, Payable on June 15, 2022The board of directors of Cango Inc. has approved and declared a special cash dividend of $0.5 per ordinary share (or $1 per American depository share) on its outstanding shares, to be paid on June 15, 2022 (Eastern Time) to shareholders of record as of the close of trading on May 25, 2022 (Eastern Time).Reported Earnings • Mar 12Full year 2021 earnings: Revenues in line with analyst expectationsFull year 2021 results: Revenue: CN¥3.92b (up 91% from FY 2020). Net loss: CN¥8.54m (down 100% from profit in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 19%, compared to a 43% growth forecast for the retail industry in Germany.Valuation Update With 7 Day Price Move • Jan 09Investor sentiment improved over the past weekAfter last week's 15% share price gain to €2.90, the stock trades at a trailing P/E ratio of 2.1x. Average forward P/E is 19x in the Online Retail industry in Germany.Valuation Update With 7 Day Price Move • Dec 24Investor sentiment improved over the past weekAfter last week's 16% share price gain to €2.76, the stock trades at a trailing P/E ratio of 2.1x. Average forward P/E is 19x in the Online Retail industry in Germany.Valuation Update With 7 Day Price Move • Dec 01Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €2.80, the stock trades at a trailing P/E ratio of 2x. Average forward P/E is 20x in the Online Retail industry in Germany.Reported Earnings • Nov 24Third quarter 2021 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2021 results: CN¥2.88 loss per share (down from CN¥11.82 profit in 3Q 2020). Revenue: CN¥800.6m (up 84% from 3Q 2020). Net loss: CN¥416.5m (down 124% from profit in 3Q 2020). Revenue exceeded analyst estimates by 11%. Over the next year, revenue is forecast to grow 13%, compared to a 54% growth forecast for the industry in Germany.お知らせ • Nov 24Cango Inc. Provides Revenue Guidance for the Fourth Quarter of 2021Cango Inc. provided revenue guidance for the fourth quarter of 2021. For the fourth quarter of 2021, the Company expects total revenues to be between RMB 950 million and RMB 1,000 million.Reported Earnings • Aug 20Second quarter 2021 earnings releasedThe company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥946.7m (up 246% from 2Q 2020). Net income: CN¥557.7m (up CN¥487.5m from 2Q 2020). Profit margin: 59% (up from 26% in 2Q 2020).お知らせ • Aug 20+ 1 more updateCango Inc. (NYSE:CANG) announces an Equity Buyback for $50 million worth of its shares.Cango Inc. (NYSE:CANG) announces a share repurchase program. Under the program, the company will repurchase up to $50 million of its american depositary shares each representing 2 class A ordinary shares and/or class A ordinary shares. The share repurchases will be funded from company's existing cash balance. The program is valid for 12 months starting from August 26, 2021.Reported Earnings • Jun 02First quarter 2021 earnings releasedThe company reported a decent first quarter result with improved revenues, although losses increased and control over costs was weaker. First quarter 2021 results: Revenue: CN¥1.12b (up 357% from 1Q 2020). Net loss: CN¥273.9m (loss widened CN¥235.5m from 1Q 2020).お知らせ • Jun 01Cango Inc. Provides Earnings Guidance for the Second Quarter of 2021Cango Inc. provided earnings guidance for the second quarter of 2021. For the quarter, the company expects total revenues to be between RMB 900 million and RMB 950 million. This forecast reflects the company's current and preliminary views on the market and operational conditions, which are subject to change.Reported Earnings • Apr 30Full year 2020 earnings released: EPS CN¥22.43 (vs CN¥2.59 in FY 2019)Full year 2020 results: Revenue: CN¥2.05b (up 43% from FY 2019). Net income: CN¥3.37b (up CN¥2.98b from FY 2019).Valuation Update With 7 Day Price Move • Apr 15Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥5.90, the stock trades at a trailing P/E ratio of 2.3x. Average forward P/E is 45x in the Online Retail industry in Germany.Valuation Update With 7 Day Price Move • Mar 26Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥7.06, the stock trades at a trailing P/E ratio of 2.3x. Average forward P/E is 67x in the Online Retail industry in Germany.Reported Earnings • Mar 13Full year 2020 earnings released: EPS CN¥22.43 (vs CN¥2.59 in FY 2019)Full year 2020 results: Revenue: CN¥2.05b (up 43% from FY 2019). Net income: CN¥3.37b (up CN¥2.98b from FY 2019).Analyst Estimate Surprise Post Earnings • Mar 13Revenue beats expectationsRevenue exceeded analyst estimates by 11%. Over the next year, revenue is forecast to grow 226%, compared to a 56% growth forecast for the Online Retail industry in Germany.Valuation Update With 7 Day Price Move • Mar 05Investor sentiment deteriorated over the past weekAfter last week's 26% share price decline to CN¥6.30, the stock is trading at a trailing P/E ratio of 4.4x, down from the previous P/E ratio of 5.9x. This compares to an average P/E of 87x in the Online Retail industry in Germany.お知らせ • Mar 03Cango Inc. to Report Q4, 2020 Results on Mar 12, 2021Cango Inc. announced that they will report Q4, 2020 results on Mar 12, 2021業績と収益の成長予測DB:9C0A - アナリストの将来予測と過去の財務データ ( )USD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202677118N/AN/A212/31/2025621-269N/AN/A26/30/2025396-165-252-86N/A3/31/20252470N/AN/AN/A12/31/202411041-170-42N/A9/30/20243820N/AN/AN/A6/30/202467-20N/AN/AN/A3/31/2024169-4N/AN/AN/A12/31/2023240-5144145N/A9/30/2023282-68N/AN/AN/A6/30/2023292-79N/AN/AN/A3/31/2023253-131N/AN/AN/A12/31/2022287-161-83-82N/A9/30/2022358-60N/AN/AN/A6/30/2022437-107N/AN/AN/A3/31/202256620N/AN/AN/A12/31/2021617-1-67-64N/A9/30/2021615223N/AN/AN/A6/30/2021558561N/AN/AN/A3/31/2021447478N/AN/AN/A12/31/2020314516-96-95N/A9/30/2020200281N/AN/AN/A6/30/202018036N/AN/AN/A3/31/202018839N/AN/AN/A12/31/2019207565561N/A9/30/201919048N/AN/AN/A6/30/201918848N/AN/AN/A3/31/201917850N/AN/AN/A12/31/201815944N/A27N/A9/30/201815716N/AN/AN/A6/30/201816219N/AN/AN/A3/31/201817628N/A76N/A12/31/201716226N/A91N/A9/30/201714653N/A58N/A12/31/2016639N/A12N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 9C0A今後 3 年間、利益が出ない状態が続くと予測されています。収益対市場: 9C0A今後 3 年間、利益が出ない状態が続くと予測されています。高成長収益: 9C0A今後 3 年間、利益が出ない状態が続くと予測されています。収益対市場: 9C0Aの収益 ( 39.5% ) German市場 ( 6.4% ) よりも速いペースで成長すると予測されています。高い収益成長: 9C0Aの収益 ( 39.5% ) 20%よりも速いペースで成長すると予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 9C0Aの 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YRetail 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2025/12/02 09:30終値2025/11/14 00:00収益2025/06/30年間収益2024/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Cango Inc. 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。5 アナリスト機関Chujie SunGelonghui ResearchTian LuGoldman SachsWilliam GregozeskiGreenridge Global LLC2 その他のアナリストを表示
お知らせ • Nov 05Cango Inc. Provides Revenue Guidance for the Fourth Quarter of 2024Cango Inc. provided revenue guidance for the fourth quarter of 2024. For the fourth quarter of 2024, the Company expects total revenues to be between RMB 15.0 million and RMB 17.5 million. This forecast reflects the Company's current and preliminary views on the market and operational conditions, which are subject to change.
お知らせ • Aug 30Cango Inc. Provides Revenue Guidance for the Third Quarter of 2024Cango Inc. provided revenue guidance for the third quarter of 2024. For the third quarter of 2024, the Company expects total revenues to be between RMB 20 million and RMB 25 million.
お知らせ • Mar 12Cango Inc. Provides Revenue Guidance for the First Quarter of 2024Cango Inc. provided revenue guidance for the first quarter of 2024. For the first quarter of 2024, the Company expects total revenues to be between RMB 50 million and RMB 100 million.
お知らせ • Aug 29Cango Inc. Provides Revenue Guidance for the Third Quarter of 2023Cango Inc. provided revenue guidance for the third quarter of 2023. for the quarter, the company expects total revenues to be between RMB 300 million and RMB 350 million.
お知らせ • Jun 09Cango Inc. Provides Revenue Guidance for the Second Quarter of 2023Cango Inc. provided revenue guidance for the second quarter of 2023. For the second quarter of 2023, the Company expects total revenues to be between RMB 600 million and RMB 650 million.
お知らせ • Nov 30Cango Inc. Provides Revenue Guidance for the Fourth Quarter of 2022Cango Inc. provided revenue guidance for the fourth quarter of 2022. For the fourth quarter of 2022, the company expects total revenues to be between RMB 450 million and RMB 500 million.
お知らせ • Nov 25Cango Inc. to Report Q3, 2025 Results on Dec 01, 2025Cango Inc. announced that they will report Q3, 2025 results After-Market on Dec 01, 2025
お知らせ • Sep 05Cango Inc. Announced Impairment Results for the Second Quarter Ended June 30, 2025Cango Inc. announced impairment results for the second quarter ended June 30, 2025. For the period, Impairment loss from mining machines in the second quarter of 2025 was RMB 1.8 billion (USD 256.9 million).
お知らせ • Sep 02Cango Inc. to Report Q2, 2025 Results on Sep 04, 2025Cango Inc. announced that they will report Q2, 2025 results After-Market on Sep 04, 2025
お知らせ • Jul 23+ 1 more updateEnduring Wealth Capital Limited completed the acquisition of 2.8% stake in Cango Inc. (NYSE:CANG) from Jiayuan Lin and Xiaojun Zhang.Enduring Wealth Capital Limited signed non-binding letter of intent to acquire unknown minority stake in Cango Inc. (NYSE:CANG) from Jiayuan Lin and Xiaojun Zhang for $70 million on March 14, 2025. A cash consideration of $70 million will be paid by Enduring Wealth Capital Limited for 10 million class B shares of Cango Inc. The Board of Directors of Cango Inc. formed a special committee for the transaction. The transaction is subject to approval of shareholders of Cango Inc. Enduring Wealth Capital Limited completed the acquisition of 2.8% stake in Cango Inc. (NYSE:CANG) from Jiayuan Lin and Xiaojun Zhang on July 23, 2025. Jiayuan Lin and Xiaojun Zhang converted their remaining Class B shares into Class A shares, now holding 18.54% of total outstanding shares and 12.07% of voting power. Enduring Wealth Capital Limited now holds about 2.82% of outstanding shares and 36.73% of voting power.
お知らせ • Jun 28Cango Inc. (NYSE:CANG) completed the acquisition of On-rack crypto mining machines with an aggregate hashrate of 18 Exahash per second from Golden TechGen Limited, Fortune Peak Limited and Silver Crest Limited for approximately $620 million.Cango Inc. (NYSE:CANG) entered into a Sales and Purchase Agreement to acquire On-rack crypto mining machines with an aggregate hashrate of 18 Exahash per second from Golden TechGen Limited, Fortune Peak Limited and Silver Crest Limited on November 6, 2024. As for the consideration, Cango Inc. agreed to issue 146,670,925 Class A ordinary shares to multiple sellers in exchange for crypto mining machines totaling 18 Exahash per second of capacity. The transaction is fully share-settled, with no cash component. Additionally, up to 97,780,616 bonus shares may be issued upon the occurrence of a defined bonus-triggering event. The structure and total volume of shares remain unchanged despite amendments, though allocations among sellers were adjusted. Upon closing, Golden TechGen Limited (GT) is expected to hold approximately 19.85% of Cango’s outstanding shares. The agreement also includes a clause allowing for further issuance of "Adjustment Shares" if the proceeds from the company’s PRC business divestiture decline by more than US 7 million. The agreement has since been amended four times, refining terms while maintaining the original structure and scope. On March 26, 2025, the first amendment extended the long-stop date for closing to July 31, 2025. The second amendment, signed on April 3, 2025, did not disclose specific changes. On June 4, 2025, the third amendment revised the share consideration to 146,670,925 Class A shares and up to 97,780,616 bonus shares, and modified the adjustment mechanism to allow for additional share issuance if proceeds from the PRC business divestiture fall by more than US$7 million. The fourth amendment, dated June 23, 2025, reallocated the hashrate and corresponding share and bonus share distributions among the sellers—Golden TechGen Limited, Fortune Peak Limited, and Silver Crest Limited—with GT projected to hold approximately 19.85% of the company post-closing. Despite these changes, the total hashrate and aggregate share consideration remained unchanged across all amendments. Cango Inc. (NYSE:CANG) completed the acquisition of On-rack crypto mining machines with an aggregate hashrate of 18 Exahash per second from Golden TechGen Limited, Fortune Peak Limited and Silver Crest Limited on June 27, 2025.
お知らせ • May 28Ursalpha Digital Limited completed the acquisition of PRC Business of Cango Inc. (NYSE:CANG) for approximately $350 million.Ursalpha Digital Limited entered into definitive agreement to acquire PRC Business of Cango Inc. (NYSE:CANG) for approximately $350 million on April 3, 2025. A cash consideration of $351.94 million will be paid by Ursalpha Digital Limited. As part of consideration, $351.94 million is paid towards assets of PRC Business of Cango Inc. The transaction is subject to approval of merger agreement by target board and approval of offer by target shareholders and the completion of an internal restructuring at Cango Inc. that separates its PRC Business from its businesses outside China. The deal has been approved by the board. The deal has been approved by the Cango Inc.'s special committee formed to assess and consider the transaction. On May 16, 2025, the shareholders of Cango Inc. approved the transaction. Ursalpha Digital Limited completed the acquisition of PRC Business of Cango Inc. (NYSE:CANG) on May 27, 2025.
お知らせ • May 09Cango Inc. to Report Q1, 2025 Results on May 14, 2025Cango Inc. announced that they will report Q1, 2025 results After-Market on May 14, 2025
お知らせ • Apr 05Ursalpha Digital Limited agreed to acquire PRC Business of Cango Inc. (NYSE:CANG) for approximately $350 million.Ursalpha Digital Limited entered into definitive agreement to acquire PRC Business of Cango Inc. (NYSE:CANG) for approximately $350 million on April 3, 2025. A cash consideration of $351.94 million will be paid by Ursalpha Digital Limited. As part of consideration, $351.94 million is paid towards assets of PRC Business of Cango Inc. The transaction is subject to approval of merger agreement by target board and approval of offer by target shareholders and the completion of an internal restructuring at Cango Inc. that separates its PRC Business from its businesses outside China. The Board of Directors of PRC Business of Cango Inc. formed a special committee for the transaction. The deal has been approved by the board. The deal has been approved by the Cango Inc.'s special committee formed to assess and consider the transaction.
お知らせ • Mar 14Cango Inc. (NYSE:CANG) announces an Equity Buyback for $30 million worth of its shares.Cango Inc. (NYSE:CANG) announces a share repurchase program. Under the program, the company will repurchase up to $30 million of its American depositary shares each representing two class A ordinary shares and/or class A ordinary shares. The share repurchases will be funded from company's existing cash balance. The program is valid for 12 months starting from April 25, 2025.
お知らせ • Feb 28Cango Inc. to Report Q4, 2024 Results on Mar 06, 2025Cango Inc. announced that they will report Q4, 2024 results After-Market on Mar 06, 2025
New Risk • Nov 12New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 13% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 44% per year over the past 5 years.
Valuation Update With 7 Day Price Move • Nov 12Investor sentiment improves as stock rises 32%After last week's 32% share price gain to €3.40, the stock trades at a trailing P/E ratio of 22.3x. Average trailing P/E is 11x in the Specialty Retail industry in Germany. Total returns to shareholders of 103% over the past three years.
Reported Earnings • Nov 06Third quarter 2024 earnings released: EPS: CN¥1.31 (vs CN¥0.45 loss in 3Q 2023)Third quarter 2024 results: EPS: CN¥1.31 (up from CN¥0.45 loss in 3Q 2023). Revenue: CN¥27.0m (down 92% from 3Q 2023). Net income: CN¥67.9m (up CN¥117.0m from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
お知らせ • Nov 05Cango Inc. Provides Revenue Guidance for the Fourth Quarter of 2024Cango Inc. provided revenue guidance for the fourth quarter of 2024. For the fourth quarter of 2024, the Company expects total revenues to be between RMB 15.0 million and RMB 17.5 million. This forecast reflects the Company's current and preliminary views on the market and operational conditions, which are subject to change.
お知らせ • Oct 31Cango Inc. to Report Q3, 2024 Results on Nov 04, 2024Cango Inc. announced that they will report Q3, 2024 results After-Market on Nov 04, 2024
Valuation Update With 7 Day Price Move • Oct 29Investor sentiment improves as stock rises 29%After last week's 29% share price gain to €2.04, the stock trades at a trailing P/E ratio of 79.9x. Average trailing P/E is 11x in the Specialty Retail industry in Germany. Total returns to shareholders of 23% over the past three years.
Valuation Update With 7 Day Price Move • Oct 04Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €1.69, the stock trades at a trailing P/E ratio of 58.1x. Average trailing P/E is 17x in the Specialty Retail industry in Germany. Total returns to shareholders of 9.1% over the past three years.
Reported Earnings • Aug 30Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: CN¥45.1m (down 93% from 2Q 2023). Net income: CN¥86.0m (up 138% from 2Q 2023).
お知らせ • Aug 30Cango Inc. Provides Revenue Guidance for the Third Quarter of 2024Cango Inc. provided revenue guidance for the third quarter of 2024. For the third quarter of 2024, the Company expects total revenues to be between RMB 20 million and RMB 25 million.
お知らせ • Aug 23Cango Inc. to Report Q2, 2024 Results on Aug 29, 2024Cango Inc. announced that they will report Q2, 2024 results After-Market on Aug 29, 2024
Reported Earnings • Jun 14First quarter 2024 earnings released: EPS: CN¥1.71 (vs CN¥0.58 in 1Q 2023)First quarter 2024 results: EPS: CN¥1.71 (up from CN¥0.58 in 1Q 2023). Revenue: CN¥64.4m (down 88% from 1Q 2023). Net income: CN¥90.0m (up 14% from 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.
Reported Earnings • Apr 29Full year 2023 earnings released: CN¥0.31 loss per share (vs CN¥8.11 loss in FY 2022)Full year 2023 results: CN¥0.31 loss per share (improved from CN¥8.11 loss in FY 2022). Revenue: CN¥1.70b (down 14% from FY 2022). Net loss: CN¥37.9m (loss narrowed 97% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance.
お知らせ • Apr 23Cango Inc. (NYSE:CANG) announces an Equity Buyback for $50 million worth of its shares.Cango Inc. (NYSE:CANG) announces a share repurchase program. Under the program, the company will repurchase up to $50 million of its American depositary shares each representing 2 class A ordinary shares and/or class A ordinary shares. The share repurchases will be funded from company's existing cash balance. The program is valid for 12 months starting from April 25, 2024.
お知らせ • Mar 12Cango Inc. Provides Revenue Guidance for the First Quarter of 2024Cango Inc. provided revenue guidance for the first quarter of 2024. For the first quarter of 2024, the Company expects total revenues to be between RMB 50 million and RMB 100 million.
Reported Earnings • Mar 12Full year 2023 earnings releasedFull year 2023 results: Revenue: CN¥1.70b (down 14% from FY 2022). Net loss: CN¥37.9m (loss narrowed 97% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 06Cango Inc. to Report Q4, 2023 Results on Mar 11, 2024Cango Inc. announced that they will report Q4, 2023 results After-Market on Mar 11, 2024
お知らせ • Nov 29+ 1 more updateCango Inc. Reports Impairment Charges for the Third Quarter of 2023Cango Inc. reported impairment charges for the third quarter of 2023. For the period, the company reported impairment loss from goodwill of RMB 148,657,971.
Reported Earnings • Nov 28Third quarter 2023 earnings released: CN¥0.90 loss per share (vs CN¥0.95 loss in 3Q 2022)Third quarter 2023 results: CN¥0.90 loss per share (improved from CN¥0.95 loss in 3Q 2022). Revenue: CN¥353.6m (down 15% from 3Q 2022). Net loss: CN¥49.1m (loss narrowed 62% from 3Q 2022).
お知らせ • Nov 22Cango Inc. to Report Q3, 2023 Results on Nov 27, 2023Cango Inc. announced that they will report Q3, 2023 results After-Market on Nov 27, 2023
お知らせ • Aug 29Cango Inc. Provides Revenue Guidance for the Third Quarter of 2023Cango Inc. provided revenue guidance for the third quarter of 2023. for the quarter, the company expects total revenues to be between RMB 300 million and RMB 350 million.
New Risk • Aug 25New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 17% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.9% average weekly change).
Reported Earnings • Aug 24Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: CN¥675.4m (up 134% from 2Q 2022). Net income: CN¥36.2m (up CN¥322.0m from 2Q 2022). Profit margin: 5.4% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue.
お知らせ • Aug 19Cango Inc. to Report Q2, 2023 Results on Aug 23, 2023Cango Inc. announced that they will report Q2, 2023 results on Aug 23, 2023
New Risk • Jun 11New major risk - Revenue and earnings growthEarnings have declined by 7.5% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 7.5% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.5% average weekly change).
Reported Earnings • Jun 09First quarter 2023 earnings released: EPS: CN¥0.58 (vs CN¥0.98 loss in 1Q 2022)First quarter 2023 results: EPS: CN¥0.58 (up from CN¥0.98 loss in 1Q 2022). Revenue: CN¥542.6m (down 31% from 1Q 2022). Net income: CN¥78.8m (up CN¥214.9m from 1Q 2022). Profit margin: 14% (up from net loss in 1Q 2022). The move to profitability was driven by lower expenses. Revenue is forecast to grow 63% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Specialty Retail industry in Germany.
お知らせ • Jun 09Cango Inc. Provides Revenue Guidance for the Second Quarter of 2023Cango Inc. provided revenue guidance for the second quarter of 2023. For the second quarter of 2023, the Company expects total revenues to be between RMB 600 million and RMB 650 million.
お知らせ • Jun 06Cango Inc. to Report Q1, 2023 Results on Jun 08, 2023Cango Inc. announced that they will report Q1, 2023 results After-Market on Jun 08, 2023
Reported Earnings • Mar 19Full year 2022 earnings released: CN¥8.11 loss per share (vs CN¥0.059 loss in FY 2021)Full year 2022 results: CN¥8.11 loss per share (further deteriorated from CN¥0.059 loss in FY 2021). Revenue: CN¥1.98b (down 50% from FY 2021). Net loss: CN¥1.11b (loss widened CN¥1.10b from FY 2021). Revenue is forecast to grow 50% p.a. on average during the next 2 years, compared to a 6.8% growth forecast for the Specialty Retail industry in Germany.
Reported Earnings • Dec 01Third quarter 2022 earnings released: CN¥1.91 loss per share (vs CN¥2.88 loss in 3Q 2021)Third quarter 2022 results: CN¥1.91 loss per share (improved from CN¥2.88 loss in 3Q 2021). Revenue: CN¥416.4m (down 48% from 3Q 2021). Net loss: CN¥130.3m (loss narrowed 69% from 3Q 2021). Revenue is forecast to grow 45% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Online Retail industry in Germany.
お知らせ • Nov 30Cango Inc. Provides Revenue Guidance for the Fourth Quarter of 2022Cango Inc. provided revenue guidance for the fourth quarter of 2022. For the fourth quarter of 2022, the company expects total revenues to be between RMB 450 million and RMB 500 million.
お知らせ • Nov 24Cango Inc. to Report Q3, 2022 Results on Nov 29, 2022Cango Inc. announced that they will report Q3, 2022 results at 4:00 PM, US Eastern Standard Time on Nov 29, 2022
Board Change • Nov 17Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 2 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Rong Liu was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Oct 12Cango Inc. Declares Special Cash Dividend, Payable on November 23, 2022Cango Inc. announced that its Board of Directors has approved and declared a special cash dividend of USD 0.5 per ordinary share (or USD 1 per American depositary share) on its outstanding shares, to be paid on November 23, 2022 to shareholders of record as of the close of trading on October 24, 2022.
Reported Earnings • Aug 31Second quarter 2022 earnings released: CN¥2.08 loss per share (vs CN¥3.85 profit in 2Q 2021)Second quarter 2022 results: CN¥2.08 loss per share (down from CN¥3.85 profit in 2Q 2021). Revenue: CN¥289.2m (down 70% from 2Q 2021). Net loss: CN¥285.8m (down 151% from profit in 2Q 2021). Over the next year, revenue is forecast to grow 21%, compared to a 30% growth forecast for the Online Retail industry in Germany.
お知らせ • Aug 30Cango Inc. Provides Revenue Guidance for the Third Quarter of 2022Cango Inc. provided revenue guidance for the third quarter of 2022. For the quarter, the Company expects total revenues to be between RMB 350 million and RMB 400 million.
お知らせ • Aug 26Cango Inc. to Report Q2, 2022 Results on Aug 29, 2022Cango Inc. announced that they will report Q2, 2022 results After-Market on Aug 29, 2022
Valuation Update With 7 Day Price Move • Jul 23Investor sentiment improved over the past weekAfter last week's 20% share price gain to €2.79, the stock trades at a trailing P/E ratio of 18.3x. Average forward P/E is 16x in the Online Retail industry in Germany. Total loss to shareholders of 30% over the past year.
Valuation Update With 7 Day Price Move • Jun 23Investor sentiment improved over the past weekAfter last week's 17% share price gain to €2.66, the stock trades at a trailing P/E ratio of 21.3x. Average forward P/E is 16x in the Online Retail industry in Germany. Total loss to shareholders of 40% over the past year.
お知らせ • Jun 22Cango Inc. Launches Cango Haoche APPCango Inc. announced that the Company launched its Cango Haoche mobile application (the "APP") on June 20, 2022. Built on the success of its Cango Haoche WeChat mini-program, which was introduced last year, the APP marks an important milestone for Cango in transforming its business into a one-stop automotive transaction services platform empowering the whole automotive chain. With this new APP, Cango aims to meet dealers' evolving and diverse demands more promptly and accurately with a stabler and more robust system, as well as smoother and richer functionality. The APP provides end-to-end services to dealers, especially small- and medium-sized dealers in lower-tier markets, ranging from steady vehicle sources and nationwide warehousing and logistics services to support for financial and insurance services. In addition to the WeChat mini-program's original services such as online car search, vehicle source listing and model search, the new APP supports real-time inventory inquiries for proprietary vehicles, enabling registered dealers to access inventory status and make decisions accordingly. Furthermore, Cango optimized the APP's online payment feature, providing dealers with greater convenience and security for their online transactions. Going forward, the Cango Haoche APP and WeChat mini program will run in parallel. Dealers can easily conduct car searches, check vehicle sources and review trending recommendations of proprietary car models on the mini-program, while accessing increasingly efficient empowerment services and functions on the APP, strengthening user stickiness. To provide a more interactive experience and further increase user loyalty, the Company will periodically launch discounts, coupons, gifts and other special offers through the APP.
Reported Earnings • Jun 11First quarter 2022 earnings released: CN¥0.98 loss per share (vs CN¥1.84 loss in 1Q 2021)First quarter 2022 results: CN¥0.98 loss per share (up from CN¥1.84 loss in 1Q 2021). Revenue: CN¥787.7m (down 30% from 1Q 2021). Net loss: CN¥136.2m (loss narrowed 50% from 1Q 2021). Over the next year, revenue is expected to shrink by 4.7% compared to a 36% growth forecast for the industry in Germany.
お知らせ • Jun 10Cango Inc. Provides Revenue Guidance for the Second Quarter of 2022Cango Inc. provided revenue guidance for the second quarter of 2022. For the quarter, the Company expects total revenues to be between RMB 250 million and RMB 300 million.
お知らせ • Jun 07Cango Inc. to Report Q1, 2022 Results on Jun 09, 2022Cango Inc. announced that they will report Q1, 2022 results After-Market on Jun 09, 2022
お知らせ • May 20Cango Inc. Announces Resignation of Xiaoyu Liu as Director, Effective May 19, 2022Cango Inc. announced that Xiaoyu Liu has tendered his resignation as a director of Cango for personal reasons. Liu's resignation became effective on May 19, 2022. The Company would like to express its gratitude for services provided by Mr. Liu.
Reported Earnings • Apr 28Full year 2021 earnings released: CN¥0.059 loss per share (vs CN¥22.43 profit in FY 2020)Full year 2021 results: CN¥0.059 loss per share (down from CN¥22.43 profit in FY 2020). Revenue: CN¥3.92b (up 91% from FY 2020). Net loss: CN¥8.54m (down 100% from profit in FY 2020). Over the next year, revenue is forecast to grow 14%, compared to a 40% growth forecast for the retail industry in Germany.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 6 experienced directors. 2 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Rong Liu was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Apr 23+ 1 more updateCango Inc. Declares Special Cash Dividend, Payable on June 15, 2022The board of directors of Cango Inc. has approved and declared a special cash dividend of $0.5 per ordinary share (or $1 per American depository share) on its outstanding shares, to be paid on June 15, 2022 (Eastern Time) to shareholders of record as of the close of trading on May 25, 2022 (Eastern Time).
Reported Earnings • Mar 12Full year 2021 earnings: Revenues in line with analyst expectationsFull year 2021 results: Revenue: CN¥3.92b (up 91% from FY 2020). Net loss: CN¥8.54m (down 100% from profit in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 19%, compared to a 43% growth forecast for the retail industry in Germany.
Valuation Update With 7 Day Price Move • Jan 09Investor sentiment improved over the past weekAfter last week's 15% share price gain to €2.90, the stock trades at a trailing P/E ratio of 2.1x. Average forward P/E is 19x in the Online Retail industry in Germany.
Valuation Update With 7 Day Price Move • Dec 24Investor sentiment improved over the past weekAfter last week's 16% share price gain to €2.76, the stock trades at a trailing P/E ratio of 2.1x. Average forward P/E is 19x in the Online Retail industry in Germany.
Valuation Update With 7 Day Price Move • Dec 01Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €2.80, the stock trades at a trailing P/E ratio of 2x. Average forward P/E is 20x in the Online Retail industry in Germany.
Reported Earnings • Nov 24Third quarter 2021 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2021 results: CN¥2.88 loss per share (down from CN¥11.82 profit in 3Q 2020). Revenue: CN¥800.6m (up 84% from 3Q 2020). Net loss: CN¥416.5m (down 124% from profit in 3Q 2020). Revenue exceeded analyst estimates by 11%. Over the next year, revenue is forecast to grow 13%, compared to a 54% growth forecast for the industry in Germany.
お知らせ • Nov 24Cango Inc. Provides Revenue Guidance for the Fourth Quarter of 2021Cango Inc. provided revenue guidance for the fourth quarter of 2021. For the fourth quarter of 2021, the Company expects total revenues to be between RMB 950 million and RMB 1,000 million.
Reported Earnings • Aug 20Second quarter 2021 earnings releasedThe company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥946.7m (up 246% from 2Q 2020). Net income: CN¥557.7m (up CN¥487.5m from 2Q 2020). Profit margin: 59% (up from 26% in 2Q 2020).
お知らせ • Aug 20+ 1 more updateCango Inc. (NYSE:CANG) announces an Equity Buyback for $50 million worth of its shares.Cango Inc. (NYSE:CANG) announces a share repurchase program. Under the program, the company will repurchase up to $50 million of its american depositary shares each representing 2 class A ordinary shares and/or class A ordinary shares. The share repurchases will be funded from company's existing cash balance. The program is valid for 12 months starting from August 26, 2021.
Reported Earnings • Jun 02First quarter 2021 earnings releasedThe company reported a decent first quarter result with improved revenues, although losses increased and control over costs was weaker. First quarter 2021 results: Revenue: CN¥1.12b (up 357% from 1Q 2020). Net loss: CN¥273.9m (loss widened CN¥235.5m from 1Q 2020).
お知らせ • Jun 01Cango Inc. Provides Earnings Guidance for the Second Quarter of 2021Cango Inc. provided earnings guidance for the second quarter of 2021. For the quarter, the company expects total revenues to be between RMB 900 million and RMB 950 million. This forecast reflects the company's current and preliminary views on the market and operational conditions, which are subject to change.
Reported Earnings • Apr 30Full year 2020 earnings released: EPS CN¥22.43 (vs CN¥2.59 in FY 2019)Full year 2020 results: Revenue: CN¥2.05b (up 43% from FY 2019). Net income: CN¥3.37b (up CN¥2.98b from FY 2019).
Valuation Update With 7 Day Price Move • Apr 15Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥5.90, the stock trades at a trailing P/E ratio of 2.3x. Average forward P/E is 45x in the Online Retail industry in Germany.
Valuation Update With 7 Day Price Move • Mar 26Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥7.06, the stock trades at a trailing P/E ratio of 2.3x. Average forward P/E is 67x in the Online Retail industry in Germany.
Reported Earnings • Mar 13Full year 2020 earnings released: EPS CN¥22.43 (vs CN¥2.59 in FY 2019)Full year 2020 results: Revenue: CN¥2.05b (up 43% from FY 2019). Net income: CN¥3.37b (up CN¥2.98b from FY 2019).
Analyst Estimate Surprise Post Earnings • Mar 13Revenue beats expectationsRevenue exceeded analyst estimates by 11%. Over the next year, revenue is forecast to grow 226%, compared to a 56% growth forecast for the Online Retail industry in Germany.
Valuation Update With 7 Day Price Move • Mar 05Investor sentiment deteriorated over the past weekAfter last week's 26% share price decline to CN¥6.30, the stock is trading at a trailing P/E ratio of 4.4x, down from the previous P/E ratio of 5.9x. This compares to an average P/E of 87x in the Online Retail industry in Germany.
お知らせ • Mar 03Cango Inc. to Report Q4, 2020 Results on Mar 12, 2021Cango Inc. announced that they will report Q4, 2020 results on Mar 12, 2021