Cango Inc. (CANG)

NYSE: CANG · IEX Real-Time Price · USD
1.540
+0.040 (2.67%)
At close: Mar 1, 2024, 4:00 PM
1.590
+0.050 (3.25%)
After-hours: Mar 1, 2024, 7:31 PM EST
2.67%
Market Cap 207.52M
Revenue (ttm) 283.19M
Net Income (ttm) -67.82M
Shares Out 131.25M
EPS (ttm) -0.50
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 10,490
Open 1.480
Previous Close 1.500
Day's Range 1.451 - 1.577
52-Week Range 0.920 - 1.880
Beta 0.74
Analysts n/a
Price Target n/a
Earnings Date Mar 15, 2024

About CANG

Cango Inc. operates an automotive transaction service platform that connects dealers, original equipment manufacturer, financial institutions, car buyers, and other industry participants in the People's Republic of China. The company offers automobile trading solutions comprising car sourcing, 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; and facilitation of car purchases for car buyers. It also provides automotive ... [Read more]

IPO Date Jul 26, 2018
Employees 827
Stock Exchange NYSE
Ticker Symbol CANG
Full Company Profile

Financial Performance

In 2022, Cango's revenue was 1.98 billion, a decrease of -49.50% compared to the previous year's 3.92 billion. Losses were -1.11 billion, 12905.2% more than in 2021.

Financial numbers in CNY Financial Statements

News

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...

5 weeks 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...

2 months ago - PRNewsWire

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...

3 months 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...

3 months ago - PRNewsWire

Cango Inc. Reports Second Quarter 2023 Unaudited Financial Results

SHANGHAI , Aug. 23, 2023 /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 Second Quarter 2023 Financial Results on August 23, 2023 Eastern Time

SHANGHAI , Aug. 18, 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 se...

7 months ago - PRNewsWire

Cango Inc. Reports First Quarter 2023 Unaudited Financial Results

SHANGHAI , June 8, 2023 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced its unaudited financial results ...

9 months ago - PRNewsWire

Cango Inc. to Report First Quarter 2023 Financial Results on June 8, 2023 Eastern Time

SHANGHAI , June 5, 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 fir...

9 months ago - PRNewsWire

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

SHANGHAI , April 26, 2023 /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...

11 months ago - PRNewsWire

Cango Inc. Announces New Share Repurchase Program

SHANGHAI , April 21, 2023 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced that its board of directors ha...

11 months ago - PRNewsWire

Cango Inc. Reports Fourth Quarter and Full Year 2022 Unaudited Financial Results

SHANGHAI , March 9, 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 Fourth Quarter and Full Year 2022 Financial Results on March 9, 2023 Eastern Time

SHANGHAI , March 6, 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 fo...

1 year ago - PRNewsWire

Cango Inc. Reports Third Quarter 2022 Unaudited Financial Results

SHANGHAI , Nov. 29, 2022 /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 2022 Financial Results on November 29, 2022 Eastern Time

SHANGHAI , Nov. 23, 2022 /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. Announces Ex-dividend Date

SHANGHAI , Oct. 17, 2022 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced that November 25, 2022 (Eastern...

1 year ago - PRNewsWire

Cango Inc. Declares Special Cash Dividend

SHANGHAI , Oct. 11, 2022 /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...

1 year ago - PRNewsWire

Cango Inc. Reports Second Quarter 2022 Unaudited Financial Results

SHANGHAI , Aug. 29, 2022 /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 Second Quarter 2022 Financial Results on August 29, 2022 Eastern Time

SHANGHAI , Aug. 25, 2022 /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...

1 year ago - PRNewsWire

Macro Headwinds Accelerate Cango's Drive to Car Trading from Auto Finance

Key Takeaways: Cango's revenue fell 30% in the first quarter, led by a 74% decline in its legacy auto financing business that the company is de-emphasizing in favor of broader auto trading services Th...

1 year ago - Benzinga

Cango Inc. Launches Cango Haoche APP

SHANGHAI , June 21, 2022 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced that the Company launched its C...

1 year ago - PRNewsWire

Cango Inc. Reports First Quarter 2022 Unaudited Financial Results

SHANGHAI , June 9, 2022 /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 First Quarter 2022 Financial Results on June 9, 2022 Eastern Time

SHANGHAI, June 6, 2022 /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 firs...

1 year ago - PRNewsWire

Cango Inc. Announces a Change to Its Board of Directors

SHANGHAI , May 19, 2022 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced that Mr. Xiaoyu Liu has tendered...

1 year ago - PRNewsWire

Cango Inc. Announces Certain Updates

SHANGHAI, April 22, 2022 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced (i) the declaration of a specia...

2 years ago - PRNewsWire

Cango Inc. Reports Fourth Quarter and Full Year 2021 Unaudited Financial Results

SHANGHAI, March 10, 2022 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced its unaudited financial results...

2 years ago - PRNewsWire