Cango Inc. (CANG)

NYSE: CANG · IEX Real-Time Price · USD
1.640
0.00 (0.00%)
At close: May 17, 2024, 4:00 PM
1.550
-0.090 (-5.49%)
Pre-market: May 20, 2024, 8:32 AM EDT
0.00%
Market Cap 178.63M
Revenue (ttm) 240.04M
Net Income (ttm) -5.34M
Shares Out 108.92M
EPS (ttm) -0.04
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 45,815
Open 1.616
Previous Close 1.640
Day's Range 1.610 - 1.640
52-Week Range 0.920 - 1.880
Beta 0.77
Analysts n/a
Price Target n/a
Earnings Date Jun 6, 2024

About CANG

Cango Inc. operates an automotive transaction service platform that connects dealers, original equipment manufacturers, financial institutions, car buyers, insurance brokers, and companies in the People's Republic of China. The company offers automobile trading solutions comprising car sourcing, transaction facilitation, 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. It also provides automotive financing facilitation... [Read more]

IPO Date Jul 26, 2018
Employees 632
Stock Exchange NYSE
Ticker Symbol CANG
Full Company Profile

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 Statements

News

Cango Inc. Filed Its Annual Report on Form 20-F

SHANGHAI , April 26, 2024 /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...

24 days ago - PRNewsWire

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

SHANGHAI, April 23, 2024 /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...

27 days ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

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...

6 months ago - PRNewsWire

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...

6 months ago - PRNewsWire

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...

9 months ago - PRNewsWire

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...

9 months ago - PRNewsWire

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 ...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

2 years ago - Benzinga

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...

2 years ago - PRNewsWire

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 ...

2 years ago - PRNewsWire

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...

2 years ago - PRNewsWire