Cango Inc. (CANG)

NYSE: CANG · Real-Time Price · USD
5.05
-0.71 (-12.33%)
At close: Dec 20, 2024, 4:00 PM
5.45
+0.40 (7.92%)
After-hours: Dec 20, 2024, 7:53 PM EST
-12.33%
Market Cap 527.04M
Revenue (ttm) 38.02M
Net Income (ttm) 19.98M
Shares Out 104.36M
EPS (ttm) 0.19
PE Ratio 27.17
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 2,425,818
Open 5.45
Previous Close 5.76
Day's Range 4.45 - 5.58
52-Week Range 0.96 - 9.66
Beta 0.65
Analysts n/a
Price Target n/a
Earnings Date Nov 4, 2024

About CANG

Cango Inc. operates an automotive transaction service platform that connects dealers, original equipment manufacturers, financial institutions, car buyers, insurance brokers, and companies in the People’s Republic of China. The company offers automobile trading solutions comprising car sourcing, transaction facilitation, logistics, and warehousing support for dealers through Cango Haoche app that offers new car transaction services, and Cango U-Car app that offers used-car transaction services. It also provides automotive financing facilitation... [Read more]

IPO Date Jul 26, 2018
Employees 632
Stock Exchange NYSE
Ticker Symbol CANG
Full Company Profile

Financial Performance

In 2023, Cango's revenue was 1.70 billion, a decrease of -14.06% compared to the previous year's 1.98 billion. Losses were -37.87 million, -96.59% less than in 2022.

Financial numbers in CNY Financial Statements

News

Top 3 Consumer Stocks You May Want To Dump This Quarter

As of Dec. 19, 2024, three stocks in the consumer discretionary sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Other symbols: BIRKVNCE
2 days ago - Benzinga

Cango Inc. Announces November 2024 Production Update for Crypto Mining Business

SHANGHAI , Dec. 5, 2024 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced its production update for crypto...

16 days ago - PRNewsWire

Cango Inc. Announces Change of Independent Registered Public Accounting Firm

SHANGHAI , Nov. 18, 2024 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced the appointment of MaloneBailey...

4 weeks ago - PRNewsWire

Cango Inc. Completes Cash-Settled Acquisitions of Crypto Mining Assets

SHANGHAI , Nov. 15, 2024 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced that it has completed the previ...

5 weeks ago - PRNewsWire

Cango Inc. Announces Agreements to Acquire Crypto Mining Assets

SHANGHAI , Nov. 6, 2024 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced that it has entered into agreeme...

6 weeks ago - PRNewsWire

Cango Inc. (CANG) Q3 2024 Earnings Call Transcript

Cango Inc. (NYSE:CANG) Q3 2024 Earnings Conference Call November 4, 2024 8:00 PM ET Company Participants Jiayuan Lin - Founder and CEO Ruiyan - Finance Director Conference Call Participants Emerson Z...

6 weeks ago - Seeking Alpha

Cango Inc. Reports Third Quarter 2024 Unaudited Financial Results

SHANGHAI , Nov. 4, 2024 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced its unaudited financial results ...

6 weeks ago - PRNewsWire

Cango Inc. to Report Third Quarter 2024 Financial Results on November 4, 2024 Eastern Time

SHANGHAI , Oct. 31, 2024 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced that it plans to release its th...

7 weeks ago - PRNewsWire

Cango Inc. (CANG) Q2 2024 Earnings Call Transcript

Cango Inc. (NYSE:CANG) Q2 2024 Earnings Conference Call August 30, 2024 9:00 PM ET Company Participants Jiayuan Lin - CEO Yongyi Zhang - CFO Conference Call Participants Operator Good morning, and go...

4 months ago - Seeking Alpha

Cango Inc. Reports Second Quarter 2024 Unaudited Financial Results

SHANGHAI , Aug. 29, 2024 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced its unaudited financial results...

4 months ago - PRNewsWire

Cango Inc. to Report Second Quarter 2024 Financial Results on August 29, 2024 Eastern Time

SHANGHAI , Aug. 23, 2024 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced that it plans to release its se...

4 months ago - PRNewsWire

Cango Inc. (CANG) Q1 2024 Earnings Call Transcript

Cango Inc. (NYSE:CANG) Q1 2024 Earnings Conference Call June 12, 2024 9:00 AM ET Company Participants Jiayuan Lin - CEO Yongyi Zhang - CFO Conference Call Participants Pingyue Wu - Citic Securities O...

6 months ago - Seeking Alpha

Cango Inc. Reports First Quarter 2024 Unaudited Financial Results

SHANGHAI , June 12, 2024 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced its unaudited financial results...

6 months ago - PRNewsWire

Cango Inc. to Report First Quarter 2024 Financial Results on June 12, 2024 Eastern Time

SHANGHAI , June 7, 2024 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced that it plans to release its fir...

7 months ago - PRNewsWire

Cango Inc. Filed Its Annual Report on Form 20-F

SHANGHAI , April 26, 2024 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced that it filed its annual repor...

8 months ago - PRNewsWire

Cango Inc. Announces Up to US$50 Million New Share Repurchase Program

SHANGHAI, April 23, 2024 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced that its board of directors has...

8 months ago - PRNewsWire

Cango Inc. (CANG) Q4 2023 Earnings Call Transcript

Cango Inc. (NYSE:CANG) Q4 2023 Earnings Conference Call March 11, 2024 9:00 PM ET Company Participants Jiayuan Lin - CEO Yongyi Zhang - CFO Conference Call Participants Pingyue Wu - Citic Securities ...

10 months ago - Seeking Alpha

Cango Inc. Reports Fourth Quarter and Full Year 2023 Unaudited Financial Results

SHANGHAI , March 11, 2024 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced its unaudited financial result...

10 months ago - PRNewsWire

Cango Inc. to Report Fourth Quarter and Full Year 2023 Financial Results on March 11, 2024 Eastern Time

SHANGHAI , March 5, 2024 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced that it plans to release its fo...

10 months ago - PRNewsWire

Cango Announces Strategic Partnership with Caocao Mobility for Next-Generation Smart Mobility Ecosystem

SHANGHAI , Jan. 26, 2024 /PRNewswire/ -- On January 17, 2024, Caocao Mobility and Cango embarked on a strategic partnership in smart mobility to explore areas including new car sales, used car transac...

11 months ago - PRNewsWire

NaaS and CANGO Jointly Release the "Initiative on Sustainability of Enterprise-Community Integration in the Middle East"

DUBAI , UAE, Dec. 12, 2023 /PRNewswire/ -- In the era of globalization, companies play an important role in helping solving social problems, and promoting social progress and sustainability while crea...

1 year ago - PRNewsWire

Cango Inc. (CANG) Q3 2023 Earnings Call Transcript

Cango Inc. (NYSE:CANG) Q3 2023 Results Conference Call November 27, 2023 8:00 PM ET Company Participants Jiayuan Lin - CEO Yongyi Zhang - CFO Operator Good morning and good evening, everyone. Welcome...

1 year ago - Seeking Alpha

Cango Inc. Reports Third Quarter 2023 Unaudited Financial Results

SHANGHAI , Nov. 27, 2023 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced its unaudited financial results...

1 year ago - PRNewsWire

Cango Inc. to Report Third Quarter 2023 Financial Results on November 27, 2023 Eastern Time

SHANGHAI , Nov. 21, 2023 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced that it plans to release its th...

1 year ago - PRNewsWire

Cango Inc. (CANG) Q2 2023 Earnings Call Transcript

Cango Inc. (NYSE:CANG) Q2 2023 Results Conference Call August 23, 2023 9:00 PM ET Company Participants Jiayuan Lin - CEO Yongyi Zhang - CFO Conference Call Participants Sophia Xu - Goldman Sachs Oper...

1 year ago - Seeking Alpha