NYSE: CANG
Cango Inc Stock

$4.20+0.13 (+3.19%)
Updated Dec 5, 2024
CANG Price
$4.20
Fair Value Price
N/A
Market Cap
$434.65M
52 Week Low
$0.92
52 Week High
$4.85
P/E
N/A
P/B
0.78x
P/S
4.94x
PEG
N/A
Dividend Yield
N/A
Revenue
$37.20M
Earnings
$19.68M
Gross Margin
28.9%
Operating Margin
91.43%
Profit Margin
52.6%
Debt to Equity
0.14
Operating Cash Flow
N/A
Beta
0.52
Next Earnings
N/A
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 Rating

Our proven quant model uses 115 proprietary factors, including AI, to determine CANG's potential to beat the market

Zen Rating Component Grades

N/A
Value
N/A
Growth
N/A
Momentum
N/A
Sentiment
N/A
Safety
N/A
Financials
N/A
Artificial Intelligence
Zen Rating uses advanced AI algorithms that detect subtle patterns in market data; it anticipates future trends that point to superior stock price results.

Industry: Auto & Truck Dealership

Industry Rating
C
CANG
Ranked
Unranked of 26

Top Ranked Stocks in Industry

Name / TickerPriceZen Rating
$38.38A
$20.25A
$255.73B
View Top Auto & Truck Dealership Stocks

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CANG News

Overview

Due Diligence Score

Industry Average (26)
You've viewed Due Diligence 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 (0.78x), compared to the US Auto & Truck Dealerships industry average (3.68x)
P/B vs Industry Valuation
CANG's profit margin has increased (+76.5%) in the last year from (-23.9%) to (52.6%)
Profit Margin Growth Financials
CANG's short-term assets ($551.54M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
There are 35 more CANG due diligence checks available for Premium users.

Valuation

CANG price to earnings (PE)

For valuing profitable companies with steady earnings

Company
0x
Industry
-2,564.54x
Market
29.14x

CANG price to book (PB)

For valuing companies that are loss-making or have lots of physical asset

Company
0.78x
Industry
3.68x
CANG is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

CANG's financial health

Profit margin

Revenue
$3.8M
Net Income
$9.5M
Profit Margin
251.8%
CANG's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$635.9M
Liabilities
$78.1M
Debt to equity
0.14
CANG's short-term assets ($551.54M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
CANG's short-term assets ($551.54M) 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

TickerZen RatingMarket Cap1d %P/EP/B
CANG$434.65M+3.19%N/A0.78x
CRMTC$339.03M+15.97%-9.27x0.72x
KFSC$239.88M-1.47%-24.17x24.14x
RMBLC$229.91M+0.78%-0.66x2.76x
JZXNC$198.89M+11.62%0.10x3.98x

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 $4.85, and its 52-week low was $0.92. It is currently -13.4% from its 52-week high and 356.52% from its 52-week low.

How much is Cango stock worth today?

(NYSE: CANG) Cango currently has 206,973,996 outstanding shares. With Cango stock trading at $4.20 per share, the total value of Cango stock (market capitalization) is $434.65M.

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 6 years would have been -66.45%, for an annualized return of -16.64% (not including any dividends or dividend reinvestments).

How much is Cango's stock price per share?

(NYSE: CANG) Cango stock price per share is $4.20 today (as of Dec 5, 2024).

What is Cango's Market Cap?

(NYSE: CANG) Cango's market cap is $434.65M, as of Dec 6, 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 $4.20 by CANG's total outstanding shares of 206,973,996.
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.