S&P 500 7,500.58 ▲ 80.48 (+1.08%) DOW 51,564.70 ▲ 72.15 (+0.14%) NASDAQ 26,517.93 ▲ 496.28 (+1.91%) US Markets Closed â€ĸ 06:01 AM ET

CANG

Cango Inc.

Price Chart
Latest Quote

$0.19

-0.13 (-39.87%)
Current Price
Previous Close $0.32
Open $0.32
Day High $0.33
Day Low $0.19
Volume 3,910,213
Fetched: 2026-06-19T10:01:39
Stock Information
Shares Outstanding 393.22M
Total Debt $32.71M
Cash Equivalents $7.17M
Revenue $645.93M
Net Income $-685.57M
Sector Financial Services
Industry Capital Markets
Market Cap $77.94M
EPS (TTM) $-2.19
Exchange NYQ
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📊 Comprehensive Analysis
Company Data
Enterprise Value$139.94M
Sales$645.93M
Income$-685.57M
Book/sh$0.59
Cash/sh$0.02
Employees96
Financial Ratios
Quick Ratio0.07
Current Ratio0.99
Debt/Eq15.52
Returns & Margins
ROA-3.16%
ROE-177.72%
Gross Margin-1.45%
Operating Margin-32.52%
Profit Margin-131.72%
Ownership
Insider Ownership14.57%
Institutional Ownership12.26%
Insider & Institutional transactions data not available
Valuation Ratios
Forward P/E2.71
P/S0.12
P/B0.32
Analyst Data
Recommendationstrong_buy
Target Price$3.00
Technical Indicators
SMA20$0.37
SMA50$0.44
SMA200$1.18
RSI14.29
ATR0.0514
Shares Float200.57M
Short Float3.83%
Short Ratio4.32
Rel Volume4.18
Performance History
Week-34.48%
Month-60.42%
Quarter-58.70%
6 Months-85.71%
YTD-86.52%
Year-91.68%
3 Years-67.24%
5 Years-77.65%
10 Years-88.00%
Stock Score: ⭐ Premium
Based on debt, profitability, growth, and cash flow metrics
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Recent Price History
Date Close Volume
2026-06-18 $0.19 4,417,500
2026-06-17 $0.32 208,000
2026-06-16 $0.32 343,700
2026-06-15 $0.31 725,000
2026-06-12 $0.28 583,900
2026-06-11 $0.29 669,800
2026-06-10 $0.31 296,300
2026-06-09 $0.32 1,664,900
2026-06-08 $0.33 2,003,300
2026-06-05 $0.33 1,249,400
2026-06-04 $0.42 330,500
2026-06-03 $0.41 650,100
2026-06-02 $0.42 598,500
2026-06-01 $0.42 1,034,800
2026-05-29 $0.44 1,496,000
2026-05-28 $0.43 533,300
2026-05-27 $0.43 951,000
2026-05-26 $0.44 2,177,700
2026-05-22 $0.49 694,900
2026-05-21 $0.52 514,100
2026-05-20 $0.50 572,300
2026-05-19 $0.48 439,000
Period:
Income Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Revenue
Reconciled Cost Of Revenue $659,936,282 $75,087,112 $0 $265,257,312
Cost Of Revenue $659,936,282 $75,087,112 $0 $265,257,312
Total Revenue $688,079,223 $89,908,403 $0 $287,051,362
Operating Revenue $685,332,657 $89,908,403 $0 $285,494,800
Expenses
Interest Expense $19,965,534 $93,276 $37 $2,436,372
Total Expenses $690,511,842 $91,605,670 $7,023,689 $422,111,735
Other Income Expense $-431,566,724 $-2,906,275 $694,121 $4,404,403
Other Non Operating Income Expenses $3,321,793 $511,292 $726,930 $4,968,570
Net Non Operating Interest Income Expense $-17,947,968 $9,360,869 $9,271,625 $3,902,336
Interest Expense Non Operating $19,965,534 $93,276 $37 $2,436,372
Operating Expense $30,575,560 $16,518,558 $7,023,689 $156,854,423
General And Administrative Expense $28,898,116 $15,807,334 $7,023,689 $43,416,776
Other Operating Expenses - $-4,225,901 $496,247 $41,242,200
Selling And Marketing Expense - $1,794,403 $5,490,730 $19,245,356
Income & Earnings
Net Income From Continuing Operation Net Minority Interest $-452,789,334 $4,757,327 $2,942,057 $-161,060,960
Net Interest Income $-17,947,968 $9,360,869 $9,271,625 $3,902,336
Interest Income $2,017,566 $9,454,145 $9,271,662 $6,338,709
Normalized Income $-109,227,406 $8,174,894 $2,974,866 $-160,615,269
Net Income From Continuing And Discontinued Operation $-621,952,043 $41,652,311 $-5,476,743 $-161,060,960
Total Operating Income As Reported $-437,095,753 $-5,114,709 $-7,023,689 $-137,281,046
Net Income Common Stockholders $-621,952,043 $41,652,311 $-5,476,743 $-161,060,960
Net Income $-621,952,043 $41,652,311 $-5,476,743 $-161,060,960
Net Income Including Noncontrolling Interests $-621,952,043 $41,652,311 $-5,476,743 $-161,060,960
Net Income Discontinuous Operations $-169,162,709 $36,894,984 $-8,418,800 -
Net Income Continuous Operations $-452,789,334 $4,757,327 $2,942,057 $-161,060,960
Pretax Income $-451,947,311 $4,757,327 $2,942,057 $-126,753,633
Special Income Charges $-338,280,027 $0 $0 $0
Interest Income Non Operating $2,017,566 $9,454,145 $9,271,662 $6,338,709
Operating Income $-2,432,619 $-1,697,267 $-7,023,689 $-135,060,373
Gross Profit $28,142,941 $14,821,291 $0 $21,794,050
Earnings From Equity Interest - - - -
Per Share
Diluted EPS $-2.20 $0.18 $-0.02 $-0.59
Basic EPS $-2.20 $0.20 $-0.02 $-0.59
Other
Tax Effect Of Unusual Items $-91,326,589 $0 $0 $-118,475
Tax Rate For Calcs $0 $0 $0 $0
Normalized EBITDA (Bullshit earnings) $119,913,931 $20,113,856 $3,083,863 $-121,218,025
Total Unusual Items $-434,888,517 $-3,417,567 $-32,809 $-564,167
Total Unusual Items Excluding Goodwill $-434,888,517 $-3,417,567 $-32,809 $-564,167
Reconciled Depreciation $117,007,191 $11,845,686 $108,960 $2,535,069
EBITDA (Bullshit earnings) $-314,974,586 $16,696,289 $3,051,054 $-121,782,192
EBIT $-431,981,777 $4,850,603 $2,942,094 $-124,317,261
Diluted Average Shares $283,289,035 $233,032,722 $243,048,786 $274,084,890
Basic Average Shares $283,289,035 $208,197,618 $243,048,786 $274,084,890
Diluted NI Availto Com Stockholders $-621,952,043 $41,652,311 $-5,476,743 $-161,060,960
Tax Provision $842,023 $0 $0 $34,307,327
Impairment Of Capital Assets $338,280,027 $0 $0 $0
Gain On Sale Of Security $-96,608,490 $-3,417,567 $-32,809 $-564,167
Provision For Doubtful Accounts $1,677,444 $711,224 $0 $46,288,713
Selling General And Administration $28,898,116 $15,807,334 $7,023,689 $62,662,133
Other Gand A $28,898,116 $15,807,334 $7,023,689 $43,416,776
Research And Development - $748,898 $4,248,254 $6,661,378
Minority Interests - - - $0
Fetched: 2026-06-13
Balance Sheet (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Assets
Net Tangible Assets $396,748,450 $553,866,898 $531,642,820 $597,877,054
Total Assets $1,132,985,333 $817,779,699 $655,786,758 $1,016,951,333
Total Non Current Assets $1,007,866,650 $344,035,161 $107,861,992 $224,067,419
Non Current Prepaid Assets $67,307,532 $44,992,599 - -
Non Current Accounts Receivable $668,642,915 $-371,197 $10,261,178 $62,833,497
Goodwill And Other Intangible Assets $292,836 $0 $6,824,083 $28,550,121
Current Assets $125,118,683 $473,744,538 $547,924,766 $792,883,914
Other Current Assets $76,657,666 $84,695 $2,372,493 $196,660,825
Assets Held For Sale Current $0 $230,113,402 - -
Prepaid Assets $3,926,087 $25,004,141 $15,465,118 $1,048,195,772
Inventory $628,914 $0 - -
Receivables $2,662,389 $88,059,458 $58,905,778 $237,775,323
Receivables Adjustments Allowances $-63,753 $0 $-16,099,431 -
Accrued Interest Receivable $0 $1,877,373 $194,813 $4,960,332
Accounts Receivable $1,661,702 $1,645,518 $9,140,269 $38,675,946
Cash Cash Equivalents And Short Term Investments $41,243,627 $130,482,842 $233,568,629 $336,316,752
Cash And Cash Equivalents $41,243,627 $90,431,392 $143,978,245 $54,921,125
Other Non Current Assets - $56,357,205 $82,962,216 $109,795,316
Other Intangible Assets - $6,496,571 $6,824,083 $7,003,301
Restricted Cash - $1,481,315 $237,612,748 $22,131,015
Other Receivables - $98,558,009 $64,904,767 $199,099,377
Taxes Receivable - $483,402 $765,361 $23,456,305
Allowance For Doubtful Accounts Receivable - $-11,297 $-8,467 $0
Gross Accounts Receivable - $3,160,836 $9,148,736 $38,675,946
Non Current Deferred Assets - - $0 $9,058,568
Non Current Deferred Taxes Assets - - $0 $9,058,568
Loans Receivable - - - -
Debt
Net Debt $516,324,044 - - $106,507,980
Total Debt $559,796,902 $17,248,214 $12,772,843 $173,958,823
Long Term Debt And Capital Lease Obligation $559,222,943 $0 $6,057,678 $22,089,569
Long Term Debt $557,567,671 - $100,446 $10,996,674
Current Debt And Capital Lease Obligation $573,959 $17,248,214 $6,715,165 $151,869,254
Current Debt - $17,067,978 $5,642,544 $150,432,431
Other Current Borrowings - $17,067,978 $130,666 $81,913,142
Liabilities
Total Liabilities Net Minority Interest $735,944,047 $263,912,801 $117,319,855 $390,524,159
Total Non Current Liabilities Net Minority Interest $559,222,944 $6,546,890 $7,602,436 $23,689,502
Liabilities Heldfor Sale Non Current $0 $6,546,889 - -
Non Current Deferred Liabilities $1 $1 $1,512,870 $1,554,380
Non Current Deferred Taxes Liabilities $1 $1 $1,512,870 $1,554,380
Current Liabilities $176,721,103 $257,365,911 $109,717,420 $366,834,657
Other Current Liabilities $76,547,651 $187,024,584 $22,444,238 $62,977,278
Current Deferred Liabilities $1,727,397 $1,637,864 $19,513,551 $81,907,281
Payables And Accrued Expenses $97,872,096 $51,455,249 $61,044,466 $70,080,844
Interest Payable $0 $63,640 $0 $150,874
Payables $91,342,558 $50,609,811 $60,439,974 $69,176,521
Other Payable $1,803,318 $2,000,000 $11,774,564 $13,549,934
Total Tax Payable $89,539,240 $48,609,811 $45,308,591 $51,996,564
Income Tax Payable $88,792,503 $48,609,811 $44,000,829 $45,425,866
Other Non Current Liabilities - $2,619 $31,887 $45,553
Accounts Payable - $295,236 $3,356,819 $3,630,023
Current Notes Payable - - $0 $17,891,090
Equity
Common Stock Equity $397,041,286 $553,866,898 $538,466,903 $626,427,174
Total Equity Gross Minority Interest $397,041,286 $553,866,898 $538,466,903 $626,427,174
Stockholders Equity $397,041,286 $553,866,898 $538,466,903 $626,427,174
Gains Losses Not Affecting Retained Earnings $0 $-49,574,973 $15,778,739 $9,618,353
Retained Earnings $-635,537,260 $-13,585,217 $-47,347,258 $1,320,364
Other Equity Adjustments - $-49,574,973 $15,778,739 $9,618,353
Other
Treasury Shares Number $86,371,041 $87,468,668 $84,974,082 $33,225,720
Ordinary Shares Number $355,333,888 $207,565,336 $217,835,808 $269,584,170
Share Issued $441,704,929 $295,034,004 $302,809,890 $302,809,890
Tangible Book Value $396,748,450 $553,866,898 $531,642,820 $597,877,054
Invested Capital $954,608,957 $570,934,876 $544,209,893 $787,856,280
Working Capital $-51,602,420 $216,378,627 $438,207,346 $426,049,258
Capital Lease Obligations $2,229,231 $180,236 $7,029,853 $12,529,718
Total Capitalization $954,608,957 $553,866,898 $538,567,349 $637,423,849
Treasury Stock $103,424,568 $111,567,030 $109,066,776 $81,023,468
Additional Paid In Capital $1,135,958,943 $728,564,614 $679,073,383 $696,482,320
Capital Stock $44,171 $29,504 $28,815 $29,606
Common Stock $44,171 $29,504 $28,815 $29,606
Long Term Capital Lease Obligation $1,655,272 $0 $5,957,232 $11,092,895
Current Deferred Revenue $1,727,397 $1,637,864 $19,513,551 $81,907,281
Current Capital Lease Obligation $573,959 $180,236 $1,072,621 $1,436,823
Current Accrued Expenses $6,529,538 $845,438 $604,492 $904,323
Duefrom Related Parties Non Current $669,924,464 $0 - -
Investments And Advances $2,000,000 $0 - -
Other Investments $2,000,000 $0 - -
Net PPE $269,623,367 $243,056,554 $7,814,516 $13,829,917
Gross PPE $269,623,367 $254,602,994 $11,862,802 $17,818,521
Other Properties $20,877,862 $184,381 $6,652,222 $11,700,717
Properties $248,745,505 $254,346,496 $0 $0
Duefrom Related Parties Current $1,064,440 $84,536,567 - -
Other Short Term Investments $0 $40,051,450 $89,590,384 $281,395,627
Line Of Credit - $17,066,108 $5,511,878 $50,628,199
Accumulated Depreciation - $-11,546,440 $-4,048,285 $-3,988,604
Leases - $1,961,610 $2,010,949 $2,044,337
Machinery Furniture Equipment - $72,117 $3,199,631 $4,073,467
Goodwill - - $0 $21,546,819
Fetched: 2026-06-13
Cash Flow Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Free Cash Flow
Free Cash Flow $-224,608,347 $-168,925,011 $146,304,470 $-82,908,017
Operating Activities
Operating Cash Flow $-109,829,414 $-40,831,305 $146,304,470 $-82,238,061
Cash From Discontinued Operating Activities $-14,407,658 $38,850,280 $139,019,378 -
Cash Flow From Continuing Operating Activities $-95,421,756 $-79,681,585 $7,285,092 $-82,238,061
Operating Gains Losses $-675,757,199 $-89,908,278 $32,809 $1,565,992
Investing Activities
Capital Expenditure $-114,778,933 $-128,093,706 $-251,761 $-669,957
Investing Cash Flow $78,681,131 $-178,668,434 $302,967,679 $284,018,495
Cash From Discontinued Investing Activities $-54,180,371 $-85,570,858 $190,070,347 -
Cash Flow From Continuing Investing Activities $132,861,502 $-93,097,576 $112,897,332 $284,018,495
Net Other Investing Changes - $30,250,344 $115,962,002 $193,110,665
Financing Activities
Repurchase Of Capital Stock $-1,249,808 $-12,635,418 $-34,168,869 $-15,340,007
Financing Cash Flow $-148,920,118 $-17,701,361 $-170,224,854 $-433,407,556
Cash From Discontinued Financing Activities $0 $-5,426,532 $-136,619,066 -
Cash Flow From Continuing Financing Activities $-148,920,118 $-12,274,829 $-33,605,788 $-433,407,556
Net Common Stock Issuance $-1,249,808 $-12,635,418 $-34,168,869 $-15,340,007
Cash Dividends Paid - $0 $0 $-271,194,990
Other
Repayment Of Debt $-174,346,597 $0 $0 $-247,152,405
Issuance Of Debt $26,180,351 $0 $0 $99,259,245
Interest Paid Supplemental Data $16,495,317 $0 $2,440,699 $12,049,546
Income Tax Paid Supplemental Data $0 $367,726 $1,118,526 $4,901,699
End Cash Position $41,243,627 $217,537,206 $463,151,077 $185,885,979
Beginning Cash Position $217,537,206 $463,151,077 $185,942,576 $378,339,942
Effect Of Exchange Rate Changes $3,774,822 $-8,412,771 $-1,838,794 $39,173,158
Changes In Cash $-180,068,401 $-237,201,100 $279,047,295 $-231,627,121
Proceeds From Stock Option Exercised $495,936 $360,589 $563,081 $1,020,602
Common Stock Payments $-1,249,808 $-12,635,418 $-34,168,869 $-15,340,007
Net Issuance Payments Of Debt $-148,166,246 $0 $0 $-147,893,161
Net Long Term Debt Issuance $-148,166,246 $0 $0 $-147,893,161
Long Term Debt Payments $-174,346,597 $0 $0 $-247,152,405
Long Term Debt Issuance $26,180,351 $0 $0 $99,259,245
Net Investment Purchase And Sale $38,074,512 $34,996,130 $112,897,332 $91,559,907
Sale Of Investment $40,074,512 $354,032,774 $290,032,930 $661,864,169
Purchase Of Investment $-2,000,000 $-319,036,644 $-177,135,598 $-570,304,261
Net Business Purchase And Sale $209,565,923 $0 $0 $0
Sale Of Business $209,565,923 $0 $0 $0
Net PPE Purchase And Sale $-114,778,933 $-128,093,706 $0 $-652,078
Purchase Of PPE $-114,778,933 $-128,093,706 $0 $-669,957
Change In Working Capital $-3,202,404 $-28,976,972 $698,833 $-91,827,133
Change In Other Current Liabilities $-193,423 $-309,128 $-107,493 $-72,777,478
Change In Payables And Accrued Expense $48,991 $43,140,986 $243,010 -
Change In Accrued Expense $48,991 $43,140,986 $243,010 -
Change In Prepaid Assets $-1,806,008 $-71,808,830 $563,316 -
Change In Receivables $-1,251,964 $0 $0 $47,883,663
Changes In Account Receivables $-1,251,964 $0 $0 $-6,274,920
Other Non Cash Items $478,098,035 $17,067,978 $-26,308,375 $43,462,873
Stock Based Compensation $4,881,377 $1,404,008 $3,502,433 $22,976,609
Unrealized Gain Loss On Investment Securities $96,383,107 $3,417,442 $0 $0
Provisionand Write Offof Assets $1,677,444 $711,224 $0 $46,288,713
Asset Impairment Charge $338,280,027 $0 $0 $0
Depreciation Amortization Depletion $117,007,191 $11,845,686 $108,960 $2,535,069
Depreciation And Amortization $117,007,191 $11,845,686 $108,960 $2,535,069
Depreciation $117,007,191 $11,845,686 $108,960 $2,352,878
Gain Loss On Investment Securities $-675,501,646 $-89,908,403 $6,489 $2,390,680
Net Foreign Currency Exchange Gain Loss $225,383 $125 $26,320 $-857,802
Gain Loss On Sale Of PPE $-480,936 $0 $0 $33,114
Net Income From Continuing Operations $-452,789,334 $4,757,327 $2,942,057 $-161,060,960
Sale Of PPE - $0 $97,747 $17,879
Change In Other Current Assets - $-64,626,242 $167,489,877 $-66,933,318
Deferred Tax - $0 $12,630,827 $53,820,775
Deferred Income Tax - $0 $12,630,827 $53,820,775
Amortization Cash Flow - $129,803 $167,830 $182,192
Amortization Of Intangibles - $129,803 $167,830 $182,192
Change In Other Working Capital - - $4,797 -
Earnings Losses From Equity Investments - - - -
Fetched: 2026-06-13