Cango Inc. (CANG)

NYSE: CANG · IEX Real-Time Price · USD
3.21
-0.03 (-0.93%)
Jan 27, 2022 4:00 PM EST - Market closed
Market Cap468.51M
Revenue (ttm)615.29M
Net Income (ttm)222.61M
Shares Out145.95M
EPS (ttm)1.53
PE Ratio2.10
Forward PEn/a
Dividend$1.00 (31.15%)
Ex-Dividend Daten/a
Volume114,184
Open3.24
Previous Close3.24
Day's Range3.18 - 3.32
52-Week Range2.60 - 18.50
Beta1.16
AnalystsHold
Price Target4.80 (+49.5%)
Earnings Daten/a

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, including car sourcing, logistics, and warehousing support for dealers, as well as software as a service solutions; and facilitation of car purchases for car buyers. It also facilitates automotive financing services that include facilitating financing transactions from financial...

IndustryInternet & Direct Marketing Retail
IPO DateJul 26, 2018
Employees3,009
Stock ExchangeNYSE
Ticker SymbolCANG
Full Company Profile

Financial Performance

Financial numbers in millions CNYFinancial Statements

Analyst Forecast

According to one analyst, the rating for Cango stock is "Hold" and the 12-month stock price forecast is 4.80.

Price Target
$4.80
(49.53% upside)
Analyst Consensus: Hold

News

Cango Wins Tonghuashun Best IR Award

SHANGHAI, Jan. 24, 2022 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced that Cango received Tonghuashun's ...

4 days ago - PRNewsWire

A Duo of Net Current Asset Value Stocks to Consider

There are some investors who buy U.S.-listed stocks that are trading below their liquidation values because they believe they can gain a lot from these stocks after the market has reappraised the share ...

Other symbols:AFIB
2 weeks ago - GuruFocus

Cango Haoche's Display Function Drives Auto Sales

SHANGHAI, Jan. 12, 2022 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced that "Cango Haoche," its B2B WeCha...

2 weeks ago - PRNewsWire

Cango Wins "Best Investment Value for Listed Companies" Golden Bauhinia Award

SHANGHAI, Dec. 21, 2021 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, received a "Best Investment Value for Listed Compa...

1 month ago - PRNewsWire

Cango Participates in 2021 China Automobile Dealers Industry Convention & Expo

SHANGHAI, Dec. 7, 2021 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced its participation in the 2021 China...

1 month ago - PRNewsWire

Recap: Cango Q3 Earnings

Cango (NYSE:CANG) reported its Q3 earnings results on Monday, November 22, 2021 at 04:30 PM. Here's what investors need to know about the announcement.

2 months ago - Benzinga

Cango Inc. Reports Third Quarter 2021 Unaudited Financial Results

SHANGHAI, Nov. 22, 2021 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced its unaudited financial results fo...

2 months ago - PRNewsWire

Cango Inc. to Report Third Quarter 2021 Financial Results on November 22, 2021 Eastern Time

SHANGHAI, Nov. 17, 2021 /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 third...

2 months ago - PRNewsWire

CANGO Auto View: Auto Production and Sales Amid Worldwide Chip Shortage

SHANGHAI, Oct. 29, 2021 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company") is issuing a bi-monthly industry insight publication called "CANGO Auto View" to bring readers, drivers and pas...

2 months ago - PRNewsWire

CANGO Auto View: Worldwide Chip Shortage's Effects on the Auto Industry

SHANGHAI, Oct. 22, 2021 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company") is issuing a bi-monthly industry insight publication called "CANGO Auto View" to bring readers, drivers and pas...

3 months ago - PRNewsWire

CANGO Auto View: Synergies of the Traditional and Direct Sales Models

SHANGHAI, Oct. 15, 2021 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company") is issuing a bi-monthly industry insight publication called "CANGO Auto View" to bring readers, drivers and pas...

3 months ago - PRNewsWire

CANGO Auto View: New Energy Vehicles Driving Industry-Wide Changes

SHANGHAI, Oct. 8, 2021 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company") is issuing a bi-monthly industry insight publication called "CANGO Auto View" to bring readers, drivers and pass...

3 months ago - PRNewsWire

CANGO Auto View: China's Evolving Automobile Sales Model

SHANGHAI, Oct. 1, 2021 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company") is issuing a bi-monthly industry insight publication called "CANGO Auto View" to bring readers, drivers and pass...

3 months ago - PRNewsWire

CANGO Auto View: China's Burgeoning Autonomous Driving Market

SHANGHAI, Sept. 3, 2021 /PRNewswire/ -- With the evolving landscape of the global automotive industry, Cango Inc. (NYSE: CANG) ("Cango" or the "Company") is issuing a bi-monthly industry insight called ...

4 months ago - PRNewsWire

CANGO Auto View: The Time for Automotive-Grade Chips is Now

SHANGHAI , Aug. 27, 2021 /PRNewswire/ -- With the evolving landscape of the global automotive industry, Cango Inc. (NYSE: CANG) ("Cango" or the "Company") is issuing a bi-monthly industry insight called...

5 months ago - PRNewsWire

Why Is Cango Stock Trading Higher Today?

The Cango Inc (NYSE: CANG) stock is up 7.54% at $3.85 in the premarket session on the last check Friday. The Chinese automotive transaction service platform clocked Q2 revenue growth of 245.5% year-on-y...

5 months ago - Benzinga

CANGO Auto View: Investors Eye Vehicle Technologies as Next Big Thing

SHANGHAI, Aug. 20, 2021 /PRNewswire/ -- With the evolving landscape of the global automotive industry, Cango Inc. (NYSE: CANG) ("Cango" or the "Company") is issuing a bi-monthly industry insight called ...

5 months ago - PRNewsWire

Cango Inc. Announces Up to US$50 Million New Share Repurchase Program

SHANGHAI, Aug. 19, 2021 /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 au...

5 months ago - PRNewsWire

Cango Inc. Reports Second Quarter 2021 Unaudited Financial Results

SHANGHAI, Aug. 19, 2021 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced its unaudited financial results fo...

5 months ago - PRNewsWire

Cango Inc. to Report Second Quarter 2021 Financial Results on August 19, 2021 Eastern Time

SHANGHAI, Aug. 16, 2021 /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 secon...

5 months ago - PRNewsWire

CANGO Auto View: New Era for Smart Vehicles - Tech Companies Disrupt Auto Industry Chain

SHANGHAI, Aug. 13, 2021 /PRNewswire/ -- With the evolving landscape of the global automotive industry, Cango Inc. (NYSE: CANG) ("Cango" or the "Company") is issuing a bi-monthly industry insight called ...

5 months ago - PRNewsWire

CANGO Auto View: Developing Auto Intelligence Amid a Worldwide Industry Shift Toward Autonomous Driving

SHANGHAI, Aug. 6, 2021 /PRNewswire/ -- With the evolving landscape of the global automotive industry, Cango Inc. (NYSE: CANG) ("Cango" or the "Company") is issuing a bi-monthly industry insight called "...

5 months ago - PRNewsWire

CANGO Auto View: Electrification at the Heart of China's New Energy Vehicle Market

SHANGHAI , July 30, 2021 /PRNewswire/ -- With the evolving landscape of the global automotive industry, Cango Inc. (NYSE: CANG) ("Cango" or the "Company") is issuing a bi-monthly industry insight called...

5 months ago - PRNewsWire

CANGO Auto View: China's Automobile Industry - at the Brink of a New Era

SHANGHAI, July 23, 2021 /PRNewswire/ -- With the evolving landscape of the global automotive industry, Cango Inc. (NYSE: CANG) ("Cango" or the "Company") is issuing a bi-monthly industry insight called ...

6 months ago - PRNewsWire

CANGO Auto View: New infrastructure building - a basic foundation for smart vehicles

SHANGHAI , July 16, 2021 /PRNewswire/ -- With the evolving landscape of the global automotive industry, Cango Inc. (NYSE: CANG) ("Cango" or the "Company") is issuing a bi-monthly industry insight called...

6 months ago - PRNewsWire