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.
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 2/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 2/6 |
My Notes
NewNotes are coming soon
Cango Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$1.44 |
| 52 Week High | US$3.80 |
| 52 Week Low | US$1.22 |
| Beta | 0.78 |
| 1 Month Change | 3.23% |
| 3 Month Change | -43.08% |
| 1 Year Change | -57.40% |
| 3 Year Change | -82.18% |
| 5 Year Change | n/a |
| Change since IPO | -88.50% |
Recent News & Updates
Recent updates
Cango declares $0.50 special dividend
Oct 11Cango Adds Used Cars, New Core App As Business Hits Second Quarter Speed Bump
Sep 08Cango Non-GAAP EPS of RMB3.89, revenue of RMB289.2M
Aug 29Macro Headwinds Accelerate Cango's Drive To Car Trading From Auto Finance
Jun 22Investors Could Be Concerned With Cango's (NYSE:CANG) Returns On Capital
Apr 28
Cango Shifts Gears Into Macro Headwinds, With Eye On NEVs And Car Services
Mar 18Cango Inc. (NYSE:CANG) Analysts Just Slashed This Year's Estimates
Mar 15Is Cango Inc. (NYSE:CANG) Potentially Undervalued?
Mar 09Cango (NYSE:CANG) Is Reinvesting At Lower Rates Of Return
Dec 24Recovery Signals Surface, But In Short Supply, For Cango Stuck In Global Auto Storm
Dec 06Is Now An Opportune Moment To Examine Cango Inc. (NYSE:CANG)?
Nov 17Cango's Recent Moves Show Its Business Resilience
Sep 03Cango: An Undervalued Lender In A Booming Market
Aug 24What Is Cango Inc.'s (NYSE:CANG) Share Price Doing?
Jul 28Cango: A Massively Undervalued Chinese Fintech Play
Jul 25What Is Cango Inc.'s (NYSE:CANG) Share Price Doing?
Feb 19
Cango reports Q3 results
Nov 23Shareholder Returns
| CANG | US Online Retail | US Market | |
|---|---|---|---|
| 7D | 4.3% | -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
| CANG volatility | |
|---|---|
| CANG Average Weekly Movement | 12.5% |
| Online Retail Industry Average Movement | 12.7% |
| Market Average Movement | 6.7% |
| 10% most volatile stocks in US Market | 17.5% |
| 10% least volatile stocks in US Market | 2.8% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2010 | 2,351 | Jiayuan Lin | https://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
| CANG fundamental statistics | |
|---|---|
| Market Cap | US$199.78m |
| Earnings (TTM) | -US$63.03m |
| Revenue (TTM) | US$374.51m |
0.5x
P/S Ratio-3.2x
P/E RatioIs CANG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CANG income statement (TTM) | |
|---|---|
| Revenue | CN¥2.54b |
| Cost of Revenue | CN¥2.55b |
| Gross Profit | -CN¥3.02m |
| Other Expenses | CN¥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 Ratio | 18.1% |
How did CANG perform over the long term?
See historical performance and comparison