Cango Stock (NYSE:CANG)
Previous Close
$1.56
52W Range
$0.92 - $2.08
50D Avg
$1.80
200D Avg
$1.47
Market Cap
$166.64M
Avg Vol (3M)
$30.05K
Beta
0.57
Div Yield
-
CANG Company Profile
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; and facilitation of car purchases for car buyers. It also facilitates automotive financing services that include facilitating financing transactions from financial institutions to car buyers; and after-market services to car buyers, which includes facilitating the sale of insurance policies from insurance brokers or companies. The company was founded in 2010 and is headquartered in Shanghai, the People's Republic of China.
CANG Performance
Revenue Breakdown
Revenue Breakdown by Product/Service
| Product/Service | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|
| Service, Other | ¥37.38M | - | - |
| Loan Facilitation Income And Other Related Income | ¥19.96M | ¥146.43M | ¥1.23B |
| Automobile trading income | ¥1.31B | ¥1.60B | ¥2.23B |
| After-market Service Facilitation Service Income | ¥65.39M | ¥71.46M | ¥193.79M |
| Product and Service, Other | - | ¥10.74M | ¥15.91M |
| Leasing | - | ¥155.52M | ¥251.30M |
Fiscal year ends in Dec 23 | Currency in CNY
Peer Comparison
| Ticker | Company |
|---|---|
| KFS | Kingsway Financial Services Inc. |
| AN | AutoNation, Inc. |
| PAG | Penske Automotive Group, Inc. |
| CARS | Cars.com Inc. |
| SAH | Sonic Automotive, Inc. |
| RUSHA | Rush Enterprises, Inc. |
| GPI | Group 1 Automotive, Inc. |
| LAD | Lithia Motors, Inc. |
| ABG | Asbury Automotive Group, Inc. |
| LAZY | Lazydays Holdings, Inc. |
| KAR | KAR Auction Services, Inc. |
| UXIN | Uxin Limited |