Cango Future Growth
Future criteria checks 0/6
We currently don't have sufficient analyst coverage to forecast growth and revenue for Cango.
Key information
n/a
Earnings growth rate
n/a
EPS growth rate
Specialty Retail earnings growth | 8.8% |
Revenue growth rate | n/a |
Future return on equity | n/a |
Analyst coverage | None |
Last updated | n/a |
Recent future growth updates
Recent updates
Cango Inc.'s (NYSE:CANG) Shares Climb 37% But Its Business Is Yet to Catch Up
Oct 29Some Investors May Be Worried About Cango's (NYSE:CANG) Returns On Capital
May 01Facing Winter At Home, Cango Looks Overseas
Mar 14Further Upside For Cango Inc. (NYSE:CANG) Shares Could Introduce Price Risks After 30% Bounce
Feb 21Cango Shifts Gears With Merger Of Platforms, Focus On Inventory Risk Control
Dec 01Cango Zooms In Second Quarter, But Sees Bumpy Road Ahead
Aug 31Cango Drives Back To Profits As New Business Model Gains Traction
Jun 13Cango 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 28Cango 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 25In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Cango has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
9/30/2024 | 267 | 140 | N/A | N/A | N/A |
6/30/2024 | 593 | 23 | N/A | N/A | N/A |
3/31/2024 | 1,224 | -27 | N/A | N/A | N/A |
12/31/2023 | 1,702 | -38 | 1,024 | 1,026 | N/A |
9/30/2023 | 2,059 | -493 | N/A | N/A | N/A |
6/30/2023 | 2,122 | -574 | N/A | N/A | N/A |
3/31/2023 | 1,735 | -896 | N/A | N/A | N/A |
12/31/2022 | 1,980 | -1,111 | -572 | -567 | N/A |
9/30/2022 | 2,544 | -428 | N/A | N/A | N/A |
6/30/2022 | 2,928 | -714 | N/A | N/A | N/A |
3/31/2022 | 3,586 | 129 | N/A | N/A | N/A |
12/31/2021 | 3,922 | -9 | -423 | -404 | N/A |
9/30/2021 | 3,969 | 1,436 | N/A | N/A | N/A |
6/30/2021 | 3,603 | 3,621 | N/A | N/A | N/A |
3/31/2021 | 2,930 | 3,134 | N/A | N/A | N/A |
12/31/2020 | 2,052 | 3,370 | -627 | -622 | N/A |
9/30/2020 | 1,356 | 1,907 | N/A | N/A | N/A |
6/30/2020 | 1,272 | 255 | N/A | N/A | N/A |
3/31/2020 | 1,334 | 276 | N/A | N/A | N/A |
12/31/2019 | 1,440 | 391 | 380 | 423 | N/A |
9/30/2019 | 1,360 | 341 | N/A | N/A | N/A |
6/30/2019 | 1,294 | 333 | N/A | N/A | N/A |
3/31/2019 | 1,194 | 338 | N/A | N/A | N/A |
12/31/2018 | 1,091 | 303 | 170 | 185 | N/A |
9/30/2018 | 1,082 | 113 | N/A | N/A | N/A |
6/30/2018 | 1,075 | 128 | N/A | N/A | N/A |
3/31/2018 | 1,106 | 175 | N/A | 476 | N/A |
12/31/2017 | 1,052 | 171 | N/A | 589 | N/A |
9/30/2017 | 970 | 351 | N/A | 384 | N/A |
12/31/2016 | 434 | 65 | N/A | 83 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if CANG's forecast earnings growth is above the savings rate (2.6%).
Earnings vs Market: Insufficient data to determine if CANG's earnings are forecast to grow faster than the US market
High Growth Earnings: Insufficient data to determine if CANG's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: Insufficient data to determine if CANG's revenue is forecast to grow faster than the US market.
High Growth Revenue: Insufficient data to determine if CANG's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if CANG's Return on Equity is forecast to be high in 3 years time
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2025/02/07 22:44 |
End of Day Share Price | 2025/02/07 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package | Data | Timeframe | Example US Source * |
---|---|---|---|
Company Financials | 10 years |
| |
Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
| |
Management | 10 years |
| |
Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Cango Inc. is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
---|---|
Tian Lu | Goldman Sachs |
Eddy Wang | Morgan Stanley |
Brian Lantier | Zacks Small-Cap Research |