Cango Inc. (CANG)

NYSE: CANG · IEX Real-Time Price · USD
1.485
+0.045 (3.13%)
At close: Mar 27, 2024, 4:00 PM
1.500
+0.015 (1.01%)
Pre-market: Mar 28, 2024, 8:57 AM EDT
3.13%
Market Cap 194.04M
Revenue (ttm) 240.04M
Net Income (ttm) -5.34M
Shares Out 134.75M
EPS (ttm) -0.50
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 35,693
Open 1.420
Previous Close 1.440
Day's Range 1.420 - 1.540
52-Week Range 0.920 - 1.880
Beta 0.77
Analysts n/a
Price Target n/a
Earnings Date Mar 11, 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 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

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...

16 days 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...

23 days 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...

2 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...

3 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...

4 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...

4 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...

7 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 ...

10 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...

10 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...

1 year 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...

1 year 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...

2 years ago - PRNewsWire