Cango Inc. (CANG)
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]
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 StatementsNews
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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...
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...
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...
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...
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
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...