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