company background image
CANG

Cango NYSE:CANG Stock Report

Last Price

US$1.44

Market Cap

US$199.8m

7D

4.3%

1Y

-57.4%

Updated

07 Feb, 2023

Data

Company Financials +

CANG Stock Overview

Cango Inc. operates an automotive transaction service platform that connects dealers, original equipment manufacturer, financial institutions, car buyers, and other industry participants in the People’s Republic of China.

CANG fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance0/6
Financial Health3/6
Dividends2/6

My Notes

New

Notes are coming soon

Cango Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Cango
Historical stock prices
Current Share PriceUS$1.44
52 Week HighUS$3.80
52 Week LowUS$1.22
Beta0.78
1 Month Change3.23%
3 Month Change-43.08%
1 Year Change-57.40%
3 Year Change-82.18%
5 Year Changen/a
Change since IPO-88.50%

Recent News & Updates

Recent updates

Cango declares $0.50 special dividend

Oct 11

Cango Adds Used Cars, New Core App As Business Hits Second Quarter Speed Bump

Sep 08

Cango Non-GAAP EPS of RMB3.89, revenue of RMB289.2M

Aug 29

Macro Headwinds Accelerate Cango's Drive To Car Trading From Auto Finance

Jun 22

Investors Could Be Concerned With Cango's (NYSE:CANG) Returns On Capital

Apr 28
Investors Could Be Concerned With Cango's (NYSE:CANG) Returns On Capital

Cango Shifts Gears Into Macro Headwinds, With Eye On NEVs And Car Services

Mar 18

Cango Inc. (NYSE:CANG) Analysts Just Slashed This Year's Estimates

Mar 15
Cango Inc. (NYSE:CANG) Analysts Just Slashed This Year's Estimates

Is Cango Inc. (NYSE:CANG) Potentially Undervalued?

Mar 09
Is Cango Inc. (NYSE:CANG) Potentially Undervalued?

Cango (NYSE:CANG) Is Reinvesting At Lower Rates Of Return

Dec 24
Cango (NYSE:CANG) Is Reinvesting At Lower Rates Of Return

Recovery Signals Surface, But In Short Supply, For Cango Stuck In Global Auto Storm

Dec 06

Is Now An Opportune Moment To Examine Cango Inc. (NYSE:CANG)?

Nov 17
Is Now An Opportune Moment To Examine Cango Inc. (NYSE:CANG)?

Cango's Recent Moves Show Its Business Resilience

Sep 03

Cango: An Undervalued Lender In A Booming Market

Aug 24

What Is Cango Inc.'s (NYSE:CANG) Share Price Doing?

Jul 28
What Is Cango Inc.'s (NYSE:CANG) Share Price Doing?

Cango: A Massively Undervalued Chinese Fintech Play

Jul 25

What Is Cango Inc.'s (NYSE:CANG) Share Price Doing?

Feb 19
What Is Cango Inc.'s (NYSE:CANG) Share Price Doing?

Cango reports Q3 results

Nov 23

Shareholder Returns

CANGUS Online RetailUS Market
7D4.3%-1.8%0.9%
1Y-57.4%-28.3%-10.9%

Return vs Industry: CANG underperformed the US Online Retail industry which returned -28.3% over the past year.

Return vs Market: CANG underperformed the US Market which returned -10.9% over the past year.

Price Volatility

Is CANG's price volatile compared to industry and market?
CANG volatility
CANG Average Weekly Movement12.5%
Online Retail Industry Average Movement12.7%
Market Average Movement6.7%
10% most volatile stocks in US Market17.5%
10% least volatile stocks in US Market2.8%

Stable Share Price: CANG is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: CANG's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
20102,351Jiayuan Linhttps://www.cangoonline.com

Cango Inc. operates an automotive transaction service platform that connects dealers, original equipment manufacturer, financial institutions, car buyers, and other industry participants in the People’s Republic of China. The company offers automobile trading solutions, including car sourcing, logistics, and warehousing support for dealers; and facilitation of car purchases for car buyers. It also facilitates automotive financing services that include facilitating financing transactions from financial institutions to car buyers; and after-market services to car buyers, which includes facilitating the sale of insurance policies from insurance brokers or companies.

Cango Inc. Fundamentals Summary

How do Cango's earnings and revenue compare to its market cap?
CANG fundamental statistics
Market CapUS$199.78m
Earnings (TTM)-US$63.03m
Revenue (TTM)US$374.51m

0.5x

P/S Ratio

-3.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CANG income statement (TTM)
RevenueCN¥2.54b
Cost of RevenueCN¥2.55b
Gross Profit-CN¥3.02m
Other ExpensesCN¥425.13m
Earnings-CN¥428.14m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-3.09
Gross Margin-0.12%
Net Profit Margin-16.83%
Debt/Equity Ratio18.1%

How did CANG perform over the long term?

See historical performance and comparison

Dividends

67.0%

Current Dividend Yield

n/a

Payout Ratio