Cango Inc. (CANG)
| Market Cap | 461.05M |
| Revenue (ttm) | 247.22M |
| Net Income (ttm) | 335,249 |
| Shares Out | 103.84M |
| EPS (ttm) | 0.00 |
| PE Ratio | 1,375.24 |
| Forward PE | 2.91 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 215,889 |
| Open | 4.520 |
| Previous Close | 4.570 |
| Day's Range | 4.420 - 4.670 |
| 52-Week Range | 1.400 - 9.660 |
| Beta | 0.56 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | May 14, 2025 |
About CANG
Cango Inc. operates an automotive transaction service platform that connects dealers, original equipment manufacturers, car buyers, and other industry participants in the People’s Republic of China, British Virgin Islands, and internationally. The company offers automobile trading solutions comprising car sourcing and transaction facilitation services through Cango U-car app; AutoCango.com which provides Chinese used car information to overseas dealers; and automobile trading transaction service. It also provides automotive financing facilitati... [Read more]
News
Cango: The Rally May Have Much Further To Go
CANG has seen its stock rally in recent months, but there is reason to believe it is not too late to get in on what could be a bargain. The rise in the stock was triggered by a reversal in the price o...
Cango Inc. Accelerates Strategic Transformation into Global Bitcoin Mining with Divestiture of PRC Business, New Shareholders and Acquisition of Additional Mining Capacity
HONG KONG , June 10, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a rapidly-expanding leader in Bitcoin mining, today provided an update on its comprehensive strategic tran...
Who Will Be Calling The Shots At Newly-Minted Cango?
The company will be controlled by two asset managers tied to Singapore's Antalpha Ventures, while Cango's co-founders' voting rights will drop to 18.54%
Cango Inc. Announces Third Amendment to Share-Settled Crypto Mining Assets Acquisitions
HONG KONG , June 4, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company") today announced that it has entered into the third amendment (the "Third Amendment") to the On-Rack Sales an...
Cango Inc. Announces May 2025 Production Update for Crypto Mining Business
HONG KONG , June 3, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company") today announced its production update for crypto mining business in May 2025. Bitcoin Mining Update for May ...
Cango Inc. Announces Definitive Agreement with Founders and EWCL
HONG KONG , June 2, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company") today announced that the Company's co-founders, Mr. Xiaojun Zhang and Mr.
Cango's Crypto Makeover Gains Momentum With China Exit
The move could pave the way for the former car trader to relocate its headquarters outside the Chinese Mainland, with Singapore, Hong Kong and the U.S. as possible destinations
Cango Inc. Completes PRC Business Sale, Strengthens Board to Drive Global Bitcoin Focus
SHANGHAI , May 29, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a rapidly expanding leader in Bitcoin mining, has finalized the divestment of all its business in the PRC (t...
Cango Inc. Announces Closing of PRC Business Disposal and Certain Changes to Board of Directors and Senior Management
SHANGHAI , May 27, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company") today announced that it has completed the previously announced disposal of all of its business in the PRC (th...
Cango Inc. Reports Q1 2025 Bitcoin Mining Revenue Meets Apollo Insights' Expectations, Firm Highlights Solid Operational Metrics and Growth Potential
SHANGHAI , May 19, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a rapidly expanding leader in Bitcoin mining, today announced the release of Apollo Insights' first quarter ...
Cango Inc. Announces Results of Extraordinary General Meeting
SHANGHAI , May 16, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company") today announced that all resolutions presented to the shareholders at its extraordinary general meeting held ...
Cango Inc. (CANG) Q1 2025 Earnings Call Transcript
Cango Inc. (NYSE:CANG) Q1 2025 Results Conference Call May 14, 2025 9:00 PM ET Company Participants Jiayuan Lin - Founder and Chief Executive Officer Yongyi Zhang - Chief Financial Officer Conference...
Cango Inc. Reports First Quarter 2025 Unaudited Financial Results
SHANGHAI , May 14, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company") today announced its unaudited financial results for the first quarter of 2025. First Quarter 2025 Financial a...
Cango Inc. to Report First Quarter 2025 Financial Results on May 14, 2025 Eastern Time
SHANGHAI , May 9, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company") today announced that it plans to release its first quarter 2025 financial results after the market closes on W...
Cango Inc. Maintains Strong Mining Efficiency and Expands Bitcoin Holdings Amidst April Production Shift
SHANGHAI , May 7, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG), a leading bitcoin mining company, recently released its April 2025 production update for its crypto mining operations. In April 2025, Ca...
Cango Inc. Announces April 2025 Production Update for Crypto Mining Business
SHANGHAI , May 6, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company") today announced its production update for crypto mining business in April 2025. Bitcoin Mining Update for Apri...
Cango Inc. Gains Positive Outlook with Initiation of Coverage by Apollo Insights
SHANGHAI , April 29, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a rapidly expanding leader in Bitcoin mining, announced the initiation of coverage by Apollo Insights, an ...
Apollo Insights Initiates Coverage of Cango Inc.
NEW YORK, April 22, 2025 (GLOBE NEWSWIRE) -- Apollo Insights, an independent equity research firm, has initiated coverage of Cango Inc. (NYSE: CANG) highlighting Cango's move into bitcoin mining, mark...
Cango Paves Way For Takeover By Agreeing To Sell China-based Business
The $352 million sale could pave the way for a Singapore-linked entity to take control of Cango as it transitions from car trader to bitcoin miner
Cango Inc. Achieves 12% Growth in Bitcoin Production for March 2025
SHANGHAI , April 7, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a rapidly expanding leader in Bitcoin mining, announced its production update for its crypto mining busines...
Cango Inc. Announces Definitive Agreements to Dispose PRC Business
SHANGHAI , April 3, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company") today announced that it has entered into definitive agreements to sell its existing business in the PRC (the...
Cango Inc. Announces March 2025 Production Update for Crypto Mining Business
SHANGHAI , April 1, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company") today announced its production update for crypto mining business in March 2025. Bitcoin Mining Update for Ma...
Cango Inc. Presents Key Highlights of Its Filed Annual Report
SHANGHAI , March 27, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG), a rapidly expanding leader in Bitcoin mining, today announced key highlights from its filed annual report, marked by a successful piv...
Cango Inc. Filed Its Annual Report on Form 20-F
SHANGHAI , March 27, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company") today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 wi...
Cango Inc. Announces Extension of Deadline to Close Share-Settled Crypto Mining Assets Acquisitions
SHANGHAI , March 26, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company") today announced an extension of the deadline to close its proposed acquisitions of on-rack crypto mining ma...