WallStreetZenWallStreetZen

NYSE: CANG
Cango Inc Stock

$1.54+0.04 (+2.67%)
Updated Mar 1, 2024
CANG Price
$1.54
Fair Value Price
N/A
Market Cap
$168.77M
52 Week Low
$0.92
52 Week High
$1.88
P/E
N/A
P/B
0.3x
P/S
0.56x
PEG
N/A
Dividend Yield
N/A
Revenue
$289.16M
Earnings
-$67.82M
Gross Margin
8.6%
Operating Margin
-5.92%
Profit Margin
-23.9%
Debt to Equity
0.27
Operating Cash Flow
N/A
Beta
0.5
Next Earnings
Mar 7, 2024
Ex-Dividend
N/A
Next Dividend
N/A

CANG Overview

Cango, Inc. (Cayman island) is a holding company, which engages in the development and operation of automotive transaction service platform for connecting dealers, financial institutions, and car buyers. The company is headquartered in Shanghai, Shanghai and currently employs 3,327 full-time employees. The Company’s services primarily consist of automotive financing facilitation, automotive transaction facilitation and after-market services facilitation. The company offers integrated solutions that support the life cycle of automotive financing transactions, including credit origination, credit assessment, credit servicing and delinquent asset management services. The company provides additional services, including car sourcing and logistics and warehousing support for dealers and facilitation of car purchases for car buyers. The Company’s also facilitates after-market services to car buyers, which is comprised of facilitating the sale of insurance policies from insurance brokers or companies. The products offered through its platform are personal accident insurances and automotive insurances.

Zen Score

Industry Average (28)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how CANG scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

CANG is good value based on its book value relative to its share price (0.3x), compared to the US Auto & Truck Dealerships industry average (2.44x)
P/B vs Industry Valuation
CANG's profit margin has decreased (-7.1%) in the last year from (-16.8%) to (-23.9%)
Profit Margin Growth Financials
CANG's short-term assets ($565.31M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
There are 35 more CANG due diligence checks available for Premium users.

Be the first to know about important CANG news, forecast changes, insider trades & much more!

CANG News

Valuation

CANG price to earnings (PE)

For valuing profitable companies with steady earnings
Company
0x
Industry
13.45x
Market
36.17x

CANG price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
0.3x
Industry
2.44x
CANG is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

CANG's financial health

Profit margin

Revenue
$48.6M
Net Income
-$6.8M
Profit Margin
-13.9%
CANG's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$689.0M
Liabilities
$144.9M
Debt to equity
0.27
CANG's short-term assets ($565.31M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
CANG's short-term assets ($565.31M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
CANG's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
CANG's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
N/A
Investing
N/A
Financing
N/A

CANG vs Auto & Truck Dealership Stocks

TickerMarket Cap1d %P/EP/B
CANG$168.77M+2.67%N/A0.30x
RMBL$132.68M+3.69%-0.37x0.76x
KFS$264.24M+5.90%13.74x8.37x
GORV$56.81M+0.75%-6.98x0.21x
CTNT$37.44M+12.97%N/A5.39x

Cango Stock FAQ

What is Cango's quote symbol?

(NYSE: CANG) Cango trades on the NYSE under the ticker symbol CANG. Cango stock quotes can also be displayed as NYSE: CANG.

If you're new to stock investing, here's how to buy Cango stock.

What is the 52 week high and low for Cango (NYSE: CANG)?

(NYSE: CANG) Cango's 52-week high was $1.88, and its 52-week low was $0.92. It is currently -18.09% from its 52-week high and 67.39% from its 52-week low.

How much is Cango stock worth today?

(NYSE: CANG) Cango currently has 219,175,452 outstanding shares. With Cango stock trading at $1.54 per share, the total value of Cango stock (market capitalization) is $168.77M.

Cango stock was originally listed at a price of $12.52 in Jul 26, 2018. If you had invested in Cango stock at $12.52, your return over the last 5 years would have been -87.7%, for an annualized return of -34.24% (not including any dividends or dividend reinvestments).

How much is Cango's stock price per share?

(NYSE: CANG) Cango stock price per share is $1.54 today (as of Mar 1, 2024).

What is Cango's Market Cap?

(NYSE: CANG) Cango's market cap is $168.77M, as of Mar 2, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Cango's market cap is calculated by multiplying CANG's current stock price of $1.54 by CANG's total outstanding shares of 219,175,452.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.