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.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$3.32|
|52 Week High||US$6.19|
|52 Week Low||US$1.95|
|1 Month Change||36.63%|
|3 Month Change||-4.87%|
|1 Year Change||-39.75%|
|3 Year Change||-33.60%|
|5 Year Change||n/a|
|Change since IPO||-73.48%|
Recent News & Updates
Investors Could Be Concerned With Cango's (NYSE:CANG) Returns On Capital
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
|CANG||US Online Retail||US Market|
Return vs Industry: CANG exceeded the US Online Retail industry which returned -43.7% over the past year.
Return vs Market: CANG underperformed the US Market which returned -12.7% over the past year.
|CANG Average Weekly Movement||18.0%|
|Online Retail Industry Average Movement||13.8%|
|Market Average Movement||8.0%|
|10% most volatile stocks in US Market||17.0%|
|10% least volatile stocks in US Market||3.0%|
Stable Share Price: CANG is more volatile than 90% of US stocks over the past 3 months, typically moving +/- 18% a week.
Volatility Over Time: CANG's weekly volatility has increased from 12% to 18% over the past year.
About the Company
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 Fundamentals Summary
|CANG fundamental statistics|
Is CANG overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CANG income statement (TTM)|
|Cost of Revenue||CN¥3.16b|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.062|
|Net Profit Margin||-0.22%|
How did CANG perform over the long term?See historical performance and comparison
29.5%Current Dividend Yield
Does CANG pay a reliable dividends?See CANG dividend history and benchmarks
|Cango dividend dates|
|Ex Dividend Date||May 24 2022|
|Dividend Pay Date||Jun 15 2022|
|Days until Ex dividend||3 days|
|Days until Dividend pay date||25 days|
Does CANG pay a reliable dividends?See CANG dividend history and benchmarks
Is Cango undervalued compared to its fair value and its price relative to the market?
Valuation Score 1/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate CANG's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate CANG's fair value for valuation analysis.
Price To Earnings Ratio
PE vs Industry: CANG is unprofitable, so we can't compare its PE Ratio to the US Online Retail industry average.
PE vs Market: CANG is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CANG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CANG is good value based on its PB Ratio (0.4x) compared to the US Online Retail industry average (1.9x).
How is Cango forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Future Growth Score4/6
Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CANG is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).
Earnings vs Market: CANG is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: CANG's is expected to become profitable in the next 3 years.
Revenue vs Market: CANG's revenue (14.9% per year) is forecast to grow faster than the US market (7.8% per year).
High Growth Revenue: CANG's revenue (14.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CANG's Return on Equity is forecast to be low in 3 years time (5.8%).
How has Cango performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CANG is currently unprofitable.
Growing Profit Margin: CANG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CANG is unprofitable, but has reduced losses over the past 5 years at a rate of 55.7% per year.
Accelerating Growth: Unable to compare CANG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CANG is unprofitable, making it difficult to compare its past year earnings growth to the Online Retail industry (-8.3%).
Return on Equity
High ROE: CANG has a negative Return on Equity (-0.12%), as it is currently unprofitable.
How is Cango's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: CANG's short term assets (CN¥7.6B) exceed its short term liabilities (CN¥3.4B).
Long Term Liabilities: CANG's short term assets (CN¥7.6B) exceed its long term liabilities (CN¥538.8M).
Debt to Equity History and Analysis
Debt Level: CANG has more cash than its total debt.
Reducing Debt: CANG's debt to equity ratio has reduced from 88.3% to 28.7% over the past 5 years.
Debt Coverage: CANG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CANG earns more interest than it pays, so coverage of interest payments is not a concern.
What is Cango current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Future Dividend Coverage
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: CANG's dividend (29.51%) is higher than the bottom 25% of dividend payers in the US market (1.57%).
High Dividend: CANG's dividend (29.51%) is in the top 25% of dividend payers in the US market (4.09%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, CANG has been paying a dividend for less than 10 years.
Growing Dividend: CANG's dividend payments have increased, but the company has only paid a dividend for 2 years.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: CANG is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Jiayuan Lin (52 yo)
Mr. Jiayuan Lin is a Co-Founder of Cango Inc. and also has been its Chief Executive Officer and Director since 2010. Mr. Lin served as an assistant general manager of Shanghai Automobile Group Finance Comp...
Experienced Board: CANG's board of directors are considered experienced (4.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Cango Inc.'s employee growth, exchange listings and data sources
- Name: Cango Inc.
- Ticker: CANG
- Exchange: NYSE
- Founded: 2010
- Industry: Internet and Direct Marketing Retail
- Sector: Retail
- Implied Market Cap: US$463.385m
- Shares outstanding: 138.74m
- Website: https://www.cangoonline.com
Number of Employees
- Cango Inc.
- New Bund Oriental Plaza II
- 8th Floor
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/20 00:00|
|End of Day Share Price||2022/05/20 00:00|
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 here.