cango inc - CANG

CANG

Close Chg Chg %
2.10 -0.04 -1.90%

Open Market

2.06

-0.04 (1.90%)

Volume: 33.65K

Last Updated:

Sep 9, 2026, 10:23 AM EDT

Company Overview: cango inc - CANG

CANG Key Data

Open

$2.17

Day Range

2.05 - 2.17

52 Week Range

1.36 - 54.60

Market Cap

$89.84M

Shares Outstanding

41.02M

Public Float

38.29M

Beta

1.09

Rev. Per Employee

N/A

P/E Ratio

N/A

EPS

-$16.44

Yield

0.00%

Dividend

$0.98

EX-DIVIDEND DATE

Nov 25, 2022

SHORT INTEREST

N/A

AVERAGE VOLUME

555.02K

 

CANG Performance

1 Week
 
-2.74%
 
1 Month
 
27.54%
 
3 Months
 
-25.00%
 
1 Year
 
-95.35%
 
5 Years
 
-95.28%
 

CANG Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 1
Full Ratings ➔

About cango inc - CANG

Cango Inc. is primarily engaged in the Bitcoin mining business, with operations strategically deployed across North America, the Middle East, South America, and East Africa. The company entered the crypto asset space in November 2024, driven by advancements in blockchain technology, the growing adoption of digital assets, and its commitment to diversifying its business portfolio. In parallel, Cango continues to operate an online international used car export business through AutoCango.com, making it easier for global customers to access high-quality vehicle inventory from China. The company was founded by Jia Yuan Lin and Xiao Jun Zhang in August 2010 and is headquartered in Shanghai, China.

CANG At a Glance

Cango, Inc.
New Bund Oriental Plaza II
Shanghai, Shanghai 200124
Phone 86-21-3183-5087 Revenue 688.08M
Industry Wholesale Distributors Net Income -459,961,313.00
Sector Distribution Services 2025 Sales Growth 508.892%
Fiscal Year-end 12 / 2026 Employees 96
View SEC Filings

CANG Valuation

P/E Current N/A
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) N/A
Price to Sales Ratio 0.618
Price to Book Ratio 1.342
Price to Cash Flow Ratio N/A
Enterprise Value to EBITDA 8.235
Enterprise Value to Sales 1.371
Total Debt to Enterprise Value 0.593

CANG Efficiency

Revenue/Employee 7,167,491.906
Income Per Employee -4,791,263.677
Receivables Turnover 252.40
Total Asset Turnover 0.705

CANG Liquidity

Current Ratio 0.708
Quick Ratio 0.704
Cash Ratio 0.233

CANG Profitability

Gross Margin 4.09
Operating Margin -0.354
Pretax Margin -65.682
Net Margin -66.847
Return on Assets -46.421
Return on Equity -94.636
Return on Total Capital -47.321
Return on Invested Capital -59.53

CANG Capital Structure

Total Debt to Total Equity 140.992
Total Debt to Total Capital 58.505
Total Debt to Total Assets 49.409
Long-Term Debt to Equity 140.848
Long-Term Debt to Total Capital 58.445
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Cango Inc - CANG

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
292.65M 243.61M 113.01M 688.08M
Sales Growth
-51.14% -16.76% -53.61% +508.89%
Cost of Goods Sold (COGS) incl D&A
265.30M 214.18M 100.77M 659.94M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
2.60M 2.63M 13.35M 117.01M
Depreciation
2.51M 2.46M 13.22M 115.84M
Amortization of Intangibles
87.39K 167.91K 131.67K 1.17M
COGS Growth
-39.90% -19.27% -52.95% +554.88%
Gross Income
27.35M 29.43M 12.23M 28.14M
Gross Income Growth
-82.64% +7.60% -58.43% +130.06%
Gross Profit Margin
+9.35% +12.08% +10.83% +4.09%
2022 2023 2024 2025 5-year trend
SG&A Expense
115.86M 10.00M (13.51M) 30.58M
Research & Development
- - - -
-
Other SG&A
- - - 30.58M
-
SGA Growth
-4.29% -91.37% -235.04% +326.34%
Other Operating Expense
- - 44.53M 3.49M
-
Unusual Expense
- 24.60M (3.86M) 434.66M
EBIT after Unusual Expense
(133.04M) (5.17M) 26.11M (437.10M)
Non Operating Income/Expense
14.74M 15.43M 15.86M 5.11M
Non-Operating Interest Income
6.49M 11.17M 14.77M 2.02M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
11.57M 2.42M 123.00K 19.97M
Interest Expense Growth
-44.37% -79.13% -94.91% +16,131.88%
Gross Interest Expense
11.57M 2.42M 123.00K 19.97M
Interest Capitalized
- - - -
-
Pretax Income
(129.87M) 7.85M 41.84M (451.95M)
Pretax Income Growth
-6,905.02% +106.04% +433.36% -1,180.10%
Pretax Margin
-44.38% +3.22% +37.03% -65.68%
Income Tax
35.15M 13.19M 183.63K 842.02K
Income Tax - Current - Domestic
(19.99M) 553.54K 183.63K 842.02K
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
- - 55.14M 12.64M
-
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(165.02M) (5.35M) 41.66M (452.79M)
Minority Interest Expense
- - - -
-
Net Income
(165.02M) (5.35M) 41.66M (452.79M)
Net Income Growth
-12,355.98% +96.76% +879.33% -1,186.88%
Net Margin Growth
-56.39% -2.19% +36.87% -65.80%
Extraordinaries & Discontinued Operations
- - - (7.17M)
-
Discontinued Operations
- - - (7.17M)
-
Net Income After Extraordinaries
(165.02M) (5.35M) 41.66M (459.96M)
Preferred Dividends
- - - -
-
Net Income Available to Common
(165.02M) (5.35M) 41.66M (459.96M)
EPS (Basic)
-6.0208 -0.2199 2.001 -16.2365
EPS (Basic) Growth
-13,074.62% +96.35% +1,009.96% -911.42%
Basic Shares Outstanding
27.41M 24.30M 20.82M 28.33M
EPS (Diluted)
-6.0208 -0.2199 1.7877 -16.2365
EPS (Diluted) Growth
-13,074.62% +96.35% +912.96% -1,008.23%
Diluted Shares Outstanding
27.41M 24.30M 23.30M 28.33M
EBITDA
(130.44M) 22.06M 35.60M 114.57M
EBITDA Growth
-1,014.73% +116.91% +61.37% +221.86%
EBITDA Margin
-44.57% +9.06% +31.50% +16.65%

Snapshot

Average Recommendation BUY Average Target Price 202.864
Number of Ratings 1 Current Quarters Estimate -2.029
FY Report Date 09 / 2026 Current Year's Estimate -48.011
Last Quarter’s Earnings -13.376 Median PE on CY Estimate N/A
Year Ago Earnings -151.524 Next Fiscal Year Estimate 4.734
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 1 1 1 1
Mean Estimate -2.03 0.68 -48.01 4.73
High Estimates -2.03 0.68 -48.01 4.73
Low Estimate -2.03 0.68 -48.01 4.73
Coefficient of Variance N/A N/A N/A N/A

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 1 1 1
OVERWEIGHT 0 0 0
HOLD 0 0 0
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Buy Buy Buy

Cango Inc in the News