Cango (CANG) Stock Price, News & Analysis

Company Overview

Cango Inc. operates as a leading technology-driven automotive transaction services platform in China. Founded in 2010 and headquartered in Shanghai, the company connects auto manufacturers, dealers and financial institutions through a comprehensive digital ecosystem. Cango’s platform streamlines the vehicle purchase process by offering integrated solutions that encompass credit assessment, loan origination, and post-purchase services for new and pre-owned vehicles.

The company’s core business activities center on auto financing transaction services, including loan facilitation, risk management and compliance support. Cango leverages proprietary data analytics to evaluate borrower profiles, optimize underwriting processes and enhance credit approval rates. In addition to financing, Cango provides complementary aftermarket products such as insurance placement, extended warranties and maintenance packages, enabling dealers to deliver a full suite of value-added services to their customers.

With operations spanning more than 400 cities across China, Cango has established partnerships with over 1,200 dealer outlets and numerous domestic and international banks. The platform’s scalable architecture allows it to seamlessly integrate with dealership management systems and third-party financial institutions, expanding its geographic footprint while maintaining robust service levels. Cango continues to invest in technology enhancements, including artificial intelligence and machine learning, to deepen its market reach and improve transaction efficiency.

Cango’s leadership team comprises seasoned professionals with expertise in automotive retail, consumer finance and digital technology. Guided by a board of directors and senior executives who have held key roles at major financial and automotive firms, the company remains focused on innovation, regulatory compliance and customer satisfaction. Through its tech-enabled platform and strategic industry partnerships, Cango aims to shape the future of auto financing and aftermarket services in China.

Key Stats

• Today's Range: $5.15 to $5.33
• 50-Day Range: $3.99 to $5.26
• 52-Week Range: $1.40 to $9.66
• Volume: 791,826 shs
• Average Volume: 354,978 shs
• Market Capitalization: $542.27 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Cango Stock Analysis - MarketRank™

Cango scored higher than 16% of companies evaluated by MarketBeat, and ranked 584th out of 662 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Cango.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Cango is -261.12, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Cango is -261.12, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Cango has a P/B Ratio of 0.97. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.92% of the float of Cango has been sold short.

Short Interest Ratio / Days to Cover

Cango has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Dividend

• Score: 0.0 / 5
• Dividend Strength: Weak

Dividend Yield

Cango does not currently pay a dividend.

Dividend Growth

Cango does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.92% of the float of Cango has been sold short.

Short Interest Ratio / Days to Cover

Cango has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.45

News Sentiment

Cango has a news sentiment score of 0.45. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.67 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Cango this week, compared to 3 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Cango insiders have not sold or bought any company stock.

Percentage Held by Insiders

29.10% of the stock of Cango is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 4.22% of the stock of Cango is held by institutions.

CANG Stock Analysis - Frequently Asked Questions

How have CANG shares performed this year?

Cango's stock was trading at $4.40 on January 1st, 2025. Since then, CANG shares have increased by 18.8% and is now trading at $5.2250.

How were Cango's earnings last quarter?

Cango Inc. Sponsored ADR (NYSE:CANG) issued its quarterly earnings data on Thursday, March, 6th. The company reported $0.07 earnings per share (EPS) for the quarter. The business had revenue of $91.52 million for the quarter. Cango had a net margin of 0.24% and a trailing twelve-month return on equity of 0.11%.
Read the conference call transcript.

How will Cango's stock buyback program work?

Cango's board initiated a share buyback plan on Thursday, March 13th 2025, which allows the company to buy back $0 in outstanding shares, according to EventVestor. This allows the company to buy shares of its stock through open market purchases. Shares buyback plans are usually an indication that the company's board believes its stock is undervalued.

When did Cango IPO?

Cango (CANG) raised $138 million in an initial public offering (IPO) on Thursday, July 26th 2018. The company issued 12,500,000 shares at $10.00-$12.00 per share. Morgan Stanley, BofA Merrill Lynch and Goldman Sachs (Asia) served as the underwriters for the IPO.

How do I buy shares of Cango?

Shares of CANG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Cango own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Cango investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE), PayPal (PYPL) and Arista Networks (ANET).

Company Calendar

• Last Earnings: 3/06/2025
• Today: 7/06/2025
• Next Earnings (Estimated): 8/27/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: INTERNET SERVICES
• Sub-Industry: Computer Software
• Current Symbol: NYSE:CANG
• CIK: 1725123
• Web: www.cangoonline.com
• Phone: 862131835088
• Fax: N/A
• Employees: 2,350
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): ($0.02)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $41.07 million
• Net Margins: 0.24%
• Pretax Margin: -0.41%
• Return on Equity: 0.11%
• Return on Assets: 0.08%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.41
• Quick Ratio: 1.41

Sales & Book Value

• Annual Sales: $110.21 million
• Price / Sales: 4.92
• Cash Flow: $0.52 per share
• Price / Cash Flow: 10.03
• Book Value: $5.39 per share
• Price / Book: 0.97

Miscellaneous

• Outstanding Shares: 103,780,000
• Free Float: 73,582,000
• Market Cap: $542.25 million
• Optionable: Not Optionable
• Beta: 0.70