NYSE: CANGCango Inc Stock
$1.34-0.06 (-4.29%)
Updated Apr 22, 2024
CANG Price
$1.34
Fair Value Price
N/A
Market Cap
$146.20M
52 Week Low
$0.92
52 Week High
$1.88
P/E
N/A
P/B
0.28x
P/S
0.47x
PEG
N/A
Dividend Yield
N/A
Revenue
$236.38M
Earnings
-$5.34M
Gross Margin
11.2%
Operating Margin
3.51%
Profit Margin
-2.2%
Debt to Equity
0.22
Operating Cash Flow
N/A
Beta
0.5
Next Earnings
Jun 6, 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 (30)
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Due Diligence Checks
CANG is good value based on its book value relative to its share price (0.28x), compared to the US Auto & Truck Dealerships industry average (2.28x)
P/B vs Industry Valuation
CANG's profit margin has increased (+53.9%) in the last year from (-56.1%) to (-2.2%), and is approaching profitability
Profit Margin Growth Financials
CANG's short-term assets ($539.45M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
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Valuation
CANG price to earnings (PE)
For valuing profitable companies with steady earnings
Company
0x
Industry
11.6x
Market
41x
CANG price to book (PB)
For valuing companies that are loss-making or have lots of physical asset
Company
0.28x
Industry
2.28x
CANG is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation
CANG's financial health
Profit margin
Revenue
$18.4M
Net Income
-$14.6M
Profit Margin
-79.7%
CANG's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials
Assets to liabilities
Assets
$655.7M
Liabilities
$117.3M
Debt to equity
0.22
CANG's short-term assets ($539.45M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
CANG's short-term assets ($539.45M) 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
Cango Stock FAQ
Company
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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.