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Cango (CANG)

(Delayed Data from NYSE)

$2.02 USD

2.02
59,561

+0.06 (3.06%)

Updated Jul 12, 2024 04:00 PM ET

After-Market: $2.02 0.00 (0.00%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

Zacks Rank Education - Learn about the Zacks Rank

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Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

NA Value NA Growth NA Momentum NA VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 41% (102 out of 250)

Industry: Internet - Services

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Balance Sheet

Research for CANG

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

Learn more about Zacks Equity Research reports

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Fiscal Year End for Cango Inc Sponsored ADR falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 470 359 643 886 513
Receivables 42 165 267 337 263
Notes Receivable 0 0 0 0 0
Inventories 0 0 0 0 0
Other Current Assets 35 269 284 141 20
Total Current Assets 547 793 1,194 1,364 796
Net Property & Equipment 1 2 3 2 2
Investments & Advances 0 0 0 0 79
Other Non-Current Assets 5 38 162 223 208
Deferred Charges 0 9 74 26 14
Intangibles 7 29 31 29 27
Deposits & Other Assets 88 135 254 218 128
Total Assets 655 1,017 1,718 1,861 1,255
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 0 0 0 0 0
Current Portion Long-Term Debt 6 133 238 243 331
Current Portion Capital Leases 1 1 0 0 0
Accrued Expenses 29 129 113 50 40
Income Taxes Payable 44 45 76 13 10
Other Current Liabilities 30 58 110 71 37
Total Current Liabilities 110 367 536 377 418
Mortgages 0 0 0 0 0
Deferred Taxes/Income 2 2 8 51 2
Convertible Debt 0 0 0 0 0
Long-Term Debt 0 11 76 150 43
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 0 0 0 1 3
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 117 391 621 578 466
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 678 697 733 704 650
Retained Earnings -47 1 469 606 122
Other Equity 16 10 -29 -18 19
Treasury Stock 109 81 76 9 3
Total Shareholder's Equity 538 627 1,097 1,284 789
Total Liabilities & Shareholder's Equity 655 1,017 1,718 1,861 1,255
Total Common Equity 538 627 1,097 1,284 789
Shares Outstanding 108.90 134.70 139.70 149.80 150.90
Book Value Per Share 4.94 4.65 7.85 8.57 5.23

Fiscal Year End for Cango Inc Sponsored ADR falls in the month of December.

All items in Millions except Per Share data.

6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Assets          
Cash & Equivalents -99,999 484 470 427 368
Receivables NA 36 42 59 109
Notes Receivable NA 0 0 0 0
Inventories NA 0 0 0 0
Other Current Assets NA 22 35 66 131
Total Current Assets NA 542 547 552 609
Net Property & Equipment NA 1 1 2 2
Investments & Advances NA 0 0 0 0
Other Non-Current Assets NA 3 5 9 15
Deferred Charges NA 0 0 19 19
Intangibles NA 7 7 7 27
Deposits & Other Assets NA 75 88 89 95
Total Assets NA 634 655 687 777
Liabilities & Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 0 0 0 0
Current Portion Long-Term Debt NA 4 6 12 48
Current Portion Capital Leases NA 1 1 1 1
Accrued Expenses NA 24 29 34 65
Income Taxes Payable NA 45 44 48 47
Other Current Liabilities NA 19 30 38 53
Total Current Liabilities NA 93 110 134 215
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 1 2 1 1
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 0 0 0 0
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 0 0 0
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 100 117 144 226
Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 0 0 0 0
Capital Surplus NA 667 678 661 665
Retained Earnings NA -34 -47 -32 -25
Other Equity NA 18 16 20 19
Treasury Stock NA 117 109 107 108
Total Shareholder's Equity NA 534 538 542 551
Total Liabilities & Shareholder's Equity NA 634 655 687 777
Total Common Equity 0 534 538 542 551
Shares Outstanding 108.90 108.90 108.90 134.70 134.70
Book Value Per Share 0.00 4.90 4.94 4.02 4.09