Latest On Cango Inc (CANG):
| Date/Time | Type | Description | Signal | Details |
|---|---|---|---|---|
| 2023-04-21 16:28 EST | News | Cango up 9% on $50M buyback | N/A |  |
| 2023-03-15 06:20 EST | News | After Rolling Out Its New Business Model, Cango Shifts Into New Phase | N/A | |
| 2023-03-10 18:26 EST | News | Cango Inc. (CANG) Q4 2022 Earnings Call Transcript | N/A | |
| 2023-03-10 03:20 EST | News | Cango Non-GAAP EPS of -$0.58, revenue of $70.6M | N/A | |
| 2022-12-06 13:14 EST | News | Cango's Car Trading Platform Racks Up Users, But Investors Want Profits | N/A | |
| 2022-11-30 11:32 EST | News | Cango Inc. (CANG) Q3 2022 Earnings Call Transcript | N/A | |
| 2022-11-29 18:44 EST | News | Cango Non-GAAP EPS of -RMB0.96 misses by RMB0.75, revenue of RMB416.4M beats by RMB357.79M | N/A | |
| 2022-10-21 06:08 EST | Dividend | A dividend of $1 has been announced on Oct 11, 2022. It will be paid Nov 23, 2022 with an ex-dividend date of Oct 21, 2022. | Neutral | |
| 2022-10-12 00:44 EST | News | Cango declares $0.50 special dividend | N/A | |
| 2022-09-08 05:42 EST | News | Cango Adds Used Cars, New Core App As Business Hits Second Quarter Speed Bump | N/A | |
| 2022-08-30 15:19 EST | News | Cango Inc. (CANG) Q2 2022 Earnings Call Transcript | N/A | |
| 2022-08-30 15:19 EST | News | More info on Cango Q2 earnings report | N/A | |
| 2022-08-29 23:28 EST | News | Cango Non-GAAP EPS of RMB3.89, revenue of RMB289.2M | N/A | |
| 2022-06-21 20:42 EST | News | Cango launches Cango Haoche mobile application | N/A | |
| 2022-06-10 08:46 EST | News | Cango Non-GAAP EPADS of -$0.13 misses by $0.17, revenue of $124.26M beats by $0.6M | N/A | |
| 2022-06-10 08:46 EST | News | Cango Inc. (CANG) CEO Jiayuan Lin on Q1 2022 Results - Earnings Call Transcript | N/A | |
| 2022-05-24 06:06 EST | Dividend | A dividend of $1 has been announced on Apr 26, 2022. It will be paid Jun 15, 2022 with an ex-dividend date of May 24, 2022. | Neutral | |
| 2022-04-25 15:39 EST | News | Cango announces $50M stock buyback plan | N/A | |
| 2022-04-22 22:54 EST | News | Cango declares $1.00 special dividend | N/A | |
| 2022-03-12 00:07 EST | News | Cango Inc.'s (CANG) CEO Jiayuan Lin on Q4 2021 Results - Earnings Call Transcript | N/A | |
| 2022-03-11 05:14 EST | News | Cango Non-GAAP EPS of $0.16, revenue of $164.9M | N/A | |
| 2021-12-06 08:55 EST | News | Recovery Signals Surface, But In Short Supply, For Cango Stuck In Global Auto Storm | N/A | |
| 2021-11-23 14:47 EST | News | Cango, Inc. (CANG) CEO Jiayuan Lin on Q3 2021 Results - Earnings Call Transcript | N/A | |
| 2021-09-04 04:22 EST | News | Cango's Recent Moves Show Its Business Resilience | N/A | |
| 2021-08-25 10:20 EST | News | Cango: An Undervalued Lender In A Booming Market | N/A | |
| 2021-08-20 17:24 EST | News | Cango Inc (CANG) CEO Jiayuan Lin on Q2 2021 Results - Earnings Call Transcript | N/A | |
| 2021-08-19 20:26 EST | News | Cango EPADS beats by $0.35 | N/A | |
| 2021-07-25 14:41 EST | News | Cango: A Massively Undervalued Chinese Fintech Play | N/A | |
| 2021-07-22 15:45 EST | News | Cango reports Q1 results | N/A | |
| 2021-07-22 15:44 EST | News | Cango Inc (CANG) CEO Jiayuan Lin on Q1 2021 Results - Earnings Call Transcript | N/A | |
| 2021-03-19 08:28 EST | News | MP, CLVS, SOS and TNXP among premarket gainers | N/A | |
| 2021-03-19 06:11 EST | Dividend | A dividend of $1 has been announced on Mar 11, 2021. It will be paid Apr 8, 2021 with an ex-dividend date of Mar 19, 2021. | Neutral | |
| 2021-03-19 00:31 EST | Analyst Rating | The Analyst Target Price has decreased from $10.5 to $10.48. | Neutral | |
| 2021-03-18 11:08 EST | Analyst Rating | The Analyst Target Price has decreased from $10.51 to $10.5. | Neutral | |
| 2021-03-17 15:57 EST | News | Cango Inc: Bullish Tech Exposure To China's Auto Sector | N/A | |
| 2021-03-17 15:19 EST | Analyst Rating | The Analyst Target Price has increased from $10.49 to $10.51. | Buy | |
| 2021-03-16 23:48 EST | Analyst Rating | The Analyst Target Price has decreased from $10.52 to $10.49. | Neutral | |
| 2021-03-13 09:54 EST | Financials | Company financials have been released. | Neutral | |
| 2021-03-12 22:26 EST | Analyst Rating | The Analyst Target Price has increased from $10.44 to $10.52. | Buy | |
| 2021-03-12 17:54 EST | News | Cango Inc. (CANG) CEO Jiayuan Lin on Q4 2020 Results - Earnings Call Transcript | N/A | |
| 2021-03-11 20:38 EST | News | Cango Inc. declares $1.00 special dividend | N/A | |
| 2021-03-11 20:38 EST | News | Cango EPS beats by $0.20 | N/A | |
| 2021-03-10 22:18 EST | Analyst Rating | The Analyst Target Price has increased from $10.39 to $10.44. | Buy | |
| 2021-03-09 22:24 EST | Analyst Rating | The Analyst Target Price has decreased from $10.44 to $10.39. | Neutral | |
| 2021-03-08 22:06 EST | Analyst Rating | The Analyst Target Price has decreased from $10.49 to $10.44. | Neutral | |
| 2021-03-05 22:20 EST | Analyst Rating | The Analyst Target Price has increased from $10.46 to $10.49. | Buy | |
| 2021-03-05 09:54 EST | Analyst Rating | The Analyst Target Price has decreased from $10.47 to $10.46. | Neutral | |
| 2021-03-03 00:41 EST | News | Cango announces $50M share buyback plan | N/A | |
| 2021-03-01 22:04 EST | Analyst Rating | The Analyst Target Price has decreased from $10.48 to $10.47. | Neutral | |
| 2021-02-26 13:36 EST | Analyst Rating | The Analyst Target Price has increased from $6.59 to $10.48. | Buy | |
About Cango Inc (CANG):
Cango Inc. operates an automotive transaction service platform that connects dealers, financial institutions, car buyers, and other industry participants in the People's Republic of China. It facilitates automotive financing services that include facilitating financing transactions from financial institutions to car buyers; automotive transactions between automotive wholesalers, dealers, and car buyers; and after-market services to car buyers. The company was founded in 2010 and is headquartered in Shanghai, the People's Republic of China.
General
- Name Cango Inc
- Symbol CANG
- Type Common Stock
- Exchange NYSE
- Currency USD
- Country USA
- SectorCommunication Services
- IndustryInternet Content & Information
- Fiscal Year EndDecember
- IPO Date2018-07-26
- Gic SectorConsumer Discretionary
- Gic GroupRetailing
- Gic IndustryInternet & Direct Marketing Retail
- Gic SubIndustryInternet & Direct Marketing Retail
- Web URLhttp://www.cangoonline.com
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Valuation
- Trailing PE 88.16
- Price/Sales (Trailing 12 Mt.) 2.42
- Price/Book (Most Recent Quarter) 1.18
- Enterprise Value Revenue 0.5
- Enterprise Value EBITDA 0.27
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Financials
- Most Recent Quarter 2020-12-31
- Next Quarter EPS Estimate $0.10
- Profit Margin 164%
- Return on Assets 2%
- Return on Equity 49%
- Earnings Per Share $0.11
- Revenue Per Share $0
- Gross Profit 844.75 million
- Quarterly Earnings Growth 173.8%
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Highlights
- Market Capitalization 1.52 billion
- Analyst Target Price $10.48
- Book Value Per Share $5.25
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Share Statistics
- Shares Outstanding 150.97 million
- Shares Float 25.4 million
- % Held by Insiders <1%
- % Held by Institutions 32.61%
- Shares Short 269606
- Shares Short Prior Month 43027
- Short Ratio 0.21
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Technicals
- Beta 1.28
- 52 Week High $18.5
- 52 Week Low $4.2
- 50 Day Moving Average 11.68
- 200 Day Moving Average 7.79
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Dividends
- Forward Annual Dividend Yield 4.52%
- Payout Ratio 36%
- Dividend Date 2021-04-08
- ExDividend Date 2021-03-19
- Dividend Yield 0%
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Cango Inc (CANG) Dividend Calendar:
CANG's last dividend payment was made to shareholders on April 8, 2021.
Cango Inc pays out 36% of its earnings out as a dividend.
| Ex-Dividend Date | Payment Date | Record Date | Declared Date | Amount |
|---|
Cango Inc (CANG) Earnings History:
Companies typically report earnings on both a quarterly and annual basis. Earnings reported that deviate from analysts' expectations can have a large impact on a stock's price.
| Quarter Date | Report Date | Actual Revenue | Reported EPS | EPS Estimate | Deviation from Estimate |
|---|---|---|---|---|---|
| 2020-12-31 | 2021-03-11 | $N/A | $1.60 | $1.59 | 1.01% |
| 2020-09-30 | 2020-11-23 | $N/A | $1.80 | $0.07 | 2342.28% |
| 2020-06-30 | 2020-08-24 | $N/A | $0.09 | $0.05 | 90.91% |
| 2020-03-31 | 2020-05-27 | $246 million | -$0.01 | -$0.01 | 1.42% |
| 2019-12-31 | 2020-03-23 | $438.53 million | $0.11 | $0.09 | 23.79% |
| 2019-09-30 | 2019-11-15 | $351.29 million | $0.06 | $0.08 | -29.58% |
| 2019-06-30 | 2019-09-03 | $336.3 million | $0.08 | $0.09 | -3.69% |
| 2019-03-31 | 2019-05-28 | $351.66 million | $0.09 | $0.09 | -5.65% |
| 2018-12-31 | 2019-03-27 | $46.69 million | $0.07 | $0.19 | -63.81% |
| 2018-09-30 | 2018-11-22 | $41.52 million | $0.12 | $0.11 | 4.14% |
| 2018-06-30 | 2018-07-26 | $35.44 million | $0.06 |
Cango Inc (CANG) Company Financial Statements:
Financial statements are reports prepared by a company's management to present their financial performance and position at a point in time. A general-purpose set of financial statements usually includes a balance sheet, income statements, and statement of cash flows.
Income Statement:
| Date |
|---|
| Research Development |
| Income Before Tax |
| Selling General Administrative |
| Gross Profit |
| Ebit |
| Operating Income |
| Income Tax Expense |
| Total Revenue |
| Cost of Revenue |
| Total Other Income Expense Net |
| Net Income From Continuing Operations |
| Net Income Applicable to Common Shares |
Cash Flow:
| Date |
|---|
| Investments |
| Change to Liabilities |
| Total Cash Flow from Investing Activities |
| Net Borrowings |
| Total Cash Flow from Financial Activities |
| Change to Operating Activities |
| Change in Cash |
| Total Cash from Operating Activities |
| Depreciation |
| Other Cash Flow from Investing Activities |
| Change to Inventory |
| Change to Account Receivables |
| Other Cash Flow from Financing Activities |
| Change to Net Income |
| Capital Expenditures |
Balance Sheet:
| Date |
|---|
| Total Liabailities |
| Total Stockholder Equity |
| Other Current Liabilities |
| Total Assets |
| Common Stock |
| Other Current Assets |
| Retained Earnings |
| Other Liabilities |
| Other Assets |
| Cash |
| Total Current Liabilities |
| Other Stockholder Equity |
| Property, Plant & Equipment |
| Total Current Assets |
| Long Term Investments |
| Net Tangible Assets |
| Short Term Investments |
| Long Term Debt |
| Inventory |
| Accounts Payable |
Cango Inc (CANG) Chart:
Cango Inc (CANG) News:
Below you will find a list of latest news for Cango Inc (CANG) from major news sources. You can filter the results to only show news from a specific source.
No recent news available
Cango Inc (CANG) Options:
A stock option is a contract between two parties in which the stock option buyer (holder) purchases the right (but not the obligation) to buy/sell 100 shares of an underlying stock at a predetermined price from/to the option seller (writer) within a fixed period of time.
| Expiration Date | Strike | Last Price | Type | Volume | Open Interest | Implied Volatility | In The Money | Change | Change Percent |
|---|
Latest CANG Trades:
| Date | Shares | Price |
|---|---|---|
| Jun 13, 2022 7:51 PM EST | 3 | $3.03 |
| Jun 13, 2022 7:55 PM EST | 100 | $3.01 |
| Jun 13, 2022 7:55 PM EST | 11 | $3.01 |
| Jun 13, 2022 7:56 PM EST | 100 | $3.06 |
| Jun 13, 2022 7:56 PM EST | 100 | $3.06 |
Cango Inc (CANG) SEC Filings:
An SEC filing is a financial statement or other formal document submitted to the U.S. Securities and Exchange Commission (SEC). Public companies, certain insiders, and broker-dealers are required to make regular SEC filings.
| Date | Form Type | Form Name | Link |
|---|---|---|---|
| 2020-06-23 | 6-K | Report of foreign issuer [Rules 13a-16 and 15d-16] | https://www.sec.gov/Archives/edgar/data/1725123/000119312520175976/0001193125-20-175976-index.htm |
| 2018-07-20 | CERT | Certification | https://www.sec.gov/Archives/edgar/data/1725123/000087666118000810/0000876661-18-000810-index.htm |
| 2019-07-03 | SC 13G | Statement of acquisition of beneficial ownership by individuals | https://www.sec.gov/Archives/edgar/data/1725123/000089457919000163/0000894579-19-000163-index.htm |
| 2019-02-13 | SC 13G | Statement of acquisition of beneficial ownership by individuals | https://www.sec.gov/Archives/edgar/data/1725123/000095014219000220/0000950142-19-000220-index.htm |
| 2020-02-13 | SC 13G/A | Statement of acquisition of beneficial ownership by individuals | https://www.sec.gov/Archives/edgar/data/1725123/000095014220000431/0000950142-20-000431-index.htm |
| 2019-02-14 | SC 13G | Statement of acquisition of beneficial ownership by individuals | https://www.sec.gov/Archives/edgar/data/1725123/000110465919008104/0001104659-19-008104-index.htm |
| 2019-02-14 | SC 13G | Statement of acquisition of beneficial ownership by individuals | https://www.sec.gov/Archives/edgar/data/1725123/000110465919008490/0001104659-19-008490-index.htm |
| 2020-02-10 | SC 13G/A | Statement of acquisition of beneficial ownership by individuals | https://www.sec.gov/Archives/edgar/data/1725123/000110465920012703/0001104659-20-012703-index.htm |
| 2020-02-12 | SC 13G/A | Statement of acquisition of beneficial ownership by individuals | https://www.sec.gov/Archives/edgar/data/1725123/000110465920017541/0001104659-20-017541-index.htm |
| 2020-02-13 | SC 13G/A | Statement of acquisition of beneficial ownership by individuals | https://www.sec.gov/Archives/edgar/data/1725123/000110465920019580/0001104659-20-019580-index.htm |
| 2019-02-12 | SC 13G | Statement of acquisition of beneficial ownership by individuals | https://www.sec.gov/Archives/edgar/data/1725123/000114420419006384/0001144204-19-006384-index.htm |
| 2018-07-16 | F-1/A | Registration statement for certain foreign private issuers | https://www.sec.gov/Archives/edgar/data/1725123/000119312518218698/0001193125-18-218698-index.htm |
| 2018-07-16 | CORRESP | Correspondence | https://www.sec.gov/Archives/edgar/data/1725123/000119312518218707/0001193125-18-218707-index.htm |
| 2018-07-25 | F-1/A | Registration statement for certain foreign private issuers | https://www.sec.gov/Archives/edgar/data/1725123/000119312518225417/0001193125-18-225417-index.htm |
| 2018-07-25 | CORRESP | Correspondence | https://www.sec.gov/Archives/edgar/data/1725123/000119312518225427/0001193125-18-225427-index.htm |
| 2018-07-25 | CORRESP | Correspondence | https://www.sec.gov/Archives/edgar/data/1725123/000119312518225429/0001193125-18-225429-index.htm |
| 2018-07-25 | FWP | Filing under Securities Act Rules 163/433 of free writing prospectuses | https://www.sec.gov/Archives/edgar/data/1725123/000119312518225572/0001193125-18-225572-index.htm |
| 2018-07-27 | 424B4 | Prospectus [Rule 424(b)(4)] | https://www.sec.gov/Archives/edgar/data/1725123/000119312518229199/0001193125-18-229199-index.htm |
| 2018-09-04 | 6-K | Report of foreign issuer [Rules 13a-16 and 15d-16] | https://www.sec.gov/Archives/edgar/data/1725123/000119312518265382/0001193125-18-265382-index.htm |
| 2018-11-23 | 6-K | Report of foreign issuer [Rules 13a-16 and 15d-16] | https://www.sec.gov/Archives/edgar/data/1725123/000119312518332902/0001193125-18-332902-index.htm |
| 2019-02-01 | SC 13G | Statement of acquisition of beneficial ownership by individuals | https://www.sec.gov/Archives/edgar/data/1725123/000119312519024599/0001193125-19-024599-index.htm |
| 2019-02-01 | SC 13G | Statement of acquisition of beneficial ownership by individuals | https://www.sec.gov/Archives/edgar/data/1725123/000119312519024601/0001193125-19-024601-index.htm |
| 2019-02-01 | SC 13G | Statement of acquisition of beneficial ownership by individuals | https://www.sec.gov/Archives/edgar/data/1725123/000119312519024602/0001193125-19-024602-index.htm |
| 2019-02-01 | SC 13G | Statement of acquisition of beneficial ownership by individuals | https://www.sec.gov/Archives/edgar/data/1725123/000119312519024634/0001193125-19-024634-index.htm |
| 2019-02-19 | 6-K | Report of foreign issuer [Rules 13a-16 and 15d-16] | https://www.sec.gov/Archives/edgar/data/1725123/000119312519043401/0001193125-19-043401-index.htm |
| 2019-03-28 | 6-K | Report of foreign issuer [Rules 13a-16 and 15d-16] | https://www.sec.gov/Archives/edgar/data/1725123/000119312519089384/0001193125-19-089384-index.htm |
| 2019-04-24 | 6-K | Report of foreign issuer [Rules 13a-16 and 15d-16] | https://www.sec.gov/Archives/edgar/data/1725123/000119312519115736/0001193125-19-115736-index.htm |
| 2019-04-25 | 20-F | Annual and transition report of foreign private issuers [Sections 13 or 15(d)] | https://www.sec.gov/Archives/edgar/data/1725123/000119312519118142/0001193125-19-118142-index.htm |
| 2019-05-29 | 6-K | Report of foreign issuer [Rules 13a-16 and 15d-16] | https://www.sec.gov/Archives/edgar/data/1725123/000119312519158793/0001193125-19-158793-index.htm |
| 2019-06-10 | 6-K | Report of foreign issuer [Rules 13a-16 and 15d-16] | https://www.sec.gov/Archives/edgar/data/1725123/000119312519168646/0001193125-19-168646-index.htm |
| 2019-07-26 | 6-K | Report of foreign issuer [Rules 13a-16 and 15d-16] | https://www.sec.gov/Archives/edgar/data/1725123/000119312519203065/0001193125-19-203065-index.htm |
| 2019-09-05 | 6-K | Report of foreign issuer [Rules 13a-16 and 15d-16] | https://www.sec.gov/Archives/edgar/data/1725123/000119312519238279/0001193125-19-238279-index.htm |
| 2019-11-14 | 6-K | Report of foreign issuer [Rules 13a-16 and 15d-16] | https://www.sec.gov/Archives/edgar/data/1725123/000119312519291654/0001193125-19-291654-index.htm |
| 2019-11-15 | 6-K | Report of foreign issuer [Rules 13a-16 and 15d-16] | https://www.sec.gov/Archives/edgar/data/1725123/000119312519292789/0001193125-19-292789-index.htm |
| 2020-01-17 | SC 13G/A | Statement of acquisition of beneficial ownership by individuals | https://www.sec.gov/Archives/edgar/data/1725123/000119312520009402/0001193125-20-009402-index.htm |
| 2020-01-17 | SC 13G/A | Statement of acquisition of beneficial ownership by individuals | https://www.sec.gov/Archives/edgar/data/1725123/000119312520009440/0001193125-20-009440-index.htm |
| 2020-03-24 | 6-K | Report of foreign issuer [Rules 13a-16 and 15d-16] | https://www.sec.gov/Archives/edgar/data/1725123/000119312520083149/0001193125-20-083149-index.htm |
| 2020-04-27 | 20-F | Annual and transition report of foreign private issuers [Sections 13 or 15(d)] | https://www.sec.gov/Archives/edgar/data/1725123/000119312520120953/0001193125-20-120953-index.htm |
| 2020-05-18 | S-8 | Securities to be offered to employees in employee benefit plans | https://www.sec.gov/Archives/edgar/data/1725123/000119312520144412/0001193125-20-144412-index.htm |
| 2020-05-27 | 6-K | Report of foreign issuer [Rules 13a-16 and 15d-16] | https://www.sec.gov/Archives/edgar/data/1725123/000119312520153116/0001193125-20-153116-index.htm |
| 2020-06-23 | 6-K | Report of foreign issuer [Rules 13a-16 and 15d-16] | https://www.sec.gov/Archives/edgar/data/1725123/000119312520175976/0001193125-20-175976-index.htm |
| 2020-08-25 | 6-K | Report of foreign issuer [Rules 13a-16 and 15d-16] | https://www.sec.gov/Archives/edgar/data/1725123/000119312520229054/0001193125-20-229054-index.htm |
| 2018-07-16 | F-6/A | Registration of American Depository Receipt shares, not immediately effective | https://www.sec.gov/Archives/edgar/data/1725123/000119380518000977/0001193805-18-000977-index.htm |
| 2018-07-25 | EFFECT | Notice of Effectiveness | https://www.sec.gov/Archives/edgar/data/1725123/999999999518001870/9999999995-18-001870-index.htm |
| 2018-07-25 | EFFECT | Notice of Effectiveness | https://www.sec.gov/Archives/edgar/data/1725123/999999999518001880/9999999995-18-001880-index.htm |
| 2018-07-26 | CT ORDER | Confidential treatment order | https://www.sec.gov/Archives/edgar/data/1725123/999999999718007031/9999999997-18-007031-index.htm |