CANG Chart
About

Cango Inc. operates bitcoin mining business with mining operation across North America, the Middle East, South America, and East Africa. It also operates an online international used car export business through AutoCango.com. Cango Inc. was founded in 2010 and is headquartered in Dallas, Texas.

Fundamentals
Scroll to Statements
Sector Financial Services Industry Capital Markets Market Cap 306.38M
Enterprise Value 661.49M Income -128.00M Sales 621.63M
Book/sh 1.94 Cash/sh 0.13 Dividend Yield —
Payout 0.00% Employees 217 IPO —
P/E — Forward P/E -2.28 PEG —
P/S 0.49 P/B 0.43 P/C —
EV/EBITDA 9.31 EV/Sales 1.06 Quick Ratio 0.20
Current Ratio 1.20 Debt/Eq 59.19 LT Debt/Eq —
EPS (ttm) -0.48 EPS next Y -0.37 EPS Growth 137.30%
Revenue Growth 58.33% Earnings 2026-03-05 ROA 3.20%
ROE -20.54% ROIC — Gross Margin 16.55%
Oper. Margin 9.01% Profit Margin -51.81% Shs Outstand 346.35M
Shs Float 176.25M Short Float — Short Ratio 4.29
Short Interest — 52W High 2.88 52W Low 0.78
Beta — Avg Volume 929.95K Volume 559.53K
Target Price $3.00 Recom Strong_buy Prev Close $0.82
Price $0.84 Change 2.98%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$3.00
Mean price target
2. Current target
$0.84
Latest analyst target
3. DCF / Fair value
$3.00
Proxy: analyst mean price target (no FCF/EPS data available).
Ratings
Current target
$0.84
Low
$3.00
High
$3.00
Mean
$3.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-10 reit HC Wainwright & Co. Buy → Buy $3
2025-12-04 main HC Wainwright & Co. Buy → Buy $3
2025-09-05 reit HC Wainwright & Co. Buy → Buy $8
2025-07-23 init HC Wainwright & Co. — → Buy $8
2019-11-18 down Morgan Stanley Overweight → Equal-Weight $8
Insider Transactions

No recent insider transactions.

Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems-8.84K-3.66M-118.47K-493.06K
TaxRateForCalcs0.000.210.210.27
NormalizedEBITDA56.52M28.47M-121.22M7.36M
TotalUnusualItems-2.02M-17.42M-564.17K-1.83M
TotalUnusualItemsExcludingGoodwill-2.02M-17.42M-564.17K-1.83M
NetIncomeFromContinuingOperationNetMinorityInterest41.07M-5.34M-161.06M-1.34M
ReconciledDepreciation13.16M2.63M2.54M1.34M
ReconciledCostOfRevenue86.22M213.28M265.26M464.07M
EBITDA54.50M11.05M-121.78M5.54M
EBIT41.34M8.42M-124.32M4.20M
NetInterestIncome14.47M10.59M3.90M1.87M
InterestExpense90.30K578.36K2.44M2.27M
InterestIncome14.56M11.17M6.34M4.14M
NormalizedIncome43.08M8.42M-160.62M-7.38K
NetIncomeFromContinuingAndDiscontinuedOperation41.07M-5.34M-161.06M-1.34M
TotalExpenses81.83M226.41M422.11M613.35M
TotalOperatingIncomeAsReported24.51M-10.40M-137.28M-3.65M
DilutedAverageShares233.03M243.05M274.08M289.89M
BasicAverageShares208.20M243.05M274.08M289.89M
DilutedEPS0.18-0.02-0.59-0.00
BasicEPS0.20-0.02-0.59-0.00
DilutedNIAvailtoComStockholders41.07M-5.34M-161.06M-1.34M
NetIncomeCommonStockholders41.07M-5.34M-161.06M-1.34M
NetIncome41.07M-5.34M-161.06M-1.34M
MinorityInterests0.000.00
NetIncomeIncludingNoncontrollingInterests41.07M-5.34M-161.06M-1.34M
NetIncomeContinuousOperations41.07M-5.34M-161.06M-1.34M
TaxProvision181.03K13.18M34.31M3.27M
PretaxIncome41.25M7.84M-126.75M1.93M
OtherIncomeExpense-1.59M-16.44M4.40M-1.84M
OtherNonOperatingIncomeExpenses424.15K982.30K4.97M-12.42K
SpecialIncomeCharges-3.45M-20.97M0.000.00
ImpairmentOfCapitalAssets3.45M20.97M0.000.00
EarningsFromEquityInterest0.00
GainOnSaleOfSecurity1.43M3.55M-564.17K-1.83M
NetNonOperatingInterestIncomeExpense14.47M10.59M3.90M1.87M
InterestExpenseNonOperating90.30K578.36K2.44M2.27M
InterestIncomeNonOperating14.56M11.17M6.34M4.14M
OperatingIncome28.37M13.69M-135.06M1.90M
OperatingExpense-4.38M13.12M156.85M149.29M
OtherOperatingExpenses-4.23M496.25K41.24M25.47M
ProvisionForDoubtfulAccounts-36.97M-19.25M46.29M31.91M
ResearchAndDevelopment748.90K4.25M6.66M11.03M
SellingGeneralAndAdministration36.06M27.63M62.66M80.88M
SellingAndMarketingExpense1.79M5.49M19.25M37.55M
GeneralAndAdministrativeExpense34.27M22.14M43.42M43.33M
OtherGandA34.27M22.14M43.42M43.33M
GrossProfit23.99M26.81M21.79M151.19M
CostOfRevenue86.22M213.28M265.26M464.07M
TotalRevenue110.20M240.09M287.05M615.26M
OperatingRevenue109.89M234.82M285.49M612.76M
Line Item2024-12-312023-12-312022-12-312021-12-31
TreasurySharesNumber87.47M84.97M33.23M23.32M
OrdinarySharesNumber207.57M217.84M269.58M279.49M
ShareIssued295.03M302.81M302.81M302.81M
NetDebt106.51M108.75M
TotalDebt23.22M12.77M173.96M333.85M
TangibleBookValue553.31M531.64M597.88M1.07B
InvestedCapital576.87M544.21M787.86M1.43B
WorkingCapital222.35M438.21M426.05M657.38M
NetTangibleAssets553.31M531.64M597.88M1.07B
CapitalLeaseObligations6.16M7.03M12.53M0.00
CommonStockEquity559.80M538.47M626.43M1.10B
TotalCapitalization559.80M538.57M637.42M1.17B
TotalEquityGrossMinorityInterest559.80M538.47M626.43M1.10B
StockholdersEquity559.80M538.47M626.43M1.10B
GainsLossesNotAffectingRetainedEarnings20.94M15.78M9.62M-29.42M
OtherEquityAdjustments20.94M15.78M9.62M-29.42M
TreasuryStock103.63M109.07M81.02M76.13M
RetainedEarnings-4.91M-47.35M1.32M469.30M
AdditionalPaidInCapital647.37M679.07M696.48M732.93M
CapitalStock27.27K28.82K29.61K32.05K
CommonStock27.27K28.82K29.61K32.05K
TotalLiabilitiesNetMinorityInterest257.90M117.32M390.52M620.72M
TotalNonCurrentLiabilitiesNetMinorityInterest6.55M7.60M23.69M84.53M
OtherNonCurrentLiabilities2.62K31.89K45.55K155.57K
NonCurrentDeferredLiabilities1.47M1.51M1.55M8.08M
NonCurrentDeferredTaxesLiabilities1.47M1.51M1.55M8.08M
LongTermDebtAndCapitalLeaseObligation5.07M6.06M22.09M76.30M
LongTermCapitalLeaseObligation5.07M5.96M11.09M0.00
LongTermDebt100.45K11.00M76.30M
CurrentLiabilities251.35M109.72M366.83M536.19M
OtherCurrentLiabilities177.87M22.44M62.98M118.43M
CurrentDeferredLiabilities4.33M19.51M81.91M58.08M
CurrentDeferredRevenue4.33M19.51M81.91M58.08M
CurrentDebtAndCapitalLeaseObligation18.15M6.72M151.87M257.54M
CurrentCapitalLeaseObligation1.08M1.07M1.44M0.00
CurrentDebt17.07M5.64M150.43M257.54M
OtherCurrentBorrowings130.67K81.91M147.16M
LineOfCredit17.07M5.51M50.63M90.96M
CurrentNotesPayable0.0017.89M19.42M
PayablesAndAccruedExpenses51.00M61.04M70.08M102.14M
CurrentAccruedExpenses680.90K604.49K904.32K1.78M
InterestPayable63.63K0.00150.87K418.48K
Payables50.32M60.44M69.18M100.36M
OtherPayable7.01M11.77M13.55M16.29M
TotalTaxPayable43.02M45.31M52.00M83.43M
IncomeTaxPayable42.62M44.00M45.43M75.60M
AccountsPayable295.24K3.36M3.63M628.15K
TotalAssets817.70M655.79M1.02B1.72B
TotalNonCurrentAssets344.00M107.86M224.07M523.87M
OtherNonCurrentAssets84.55M82.96M109.80M176.61M
NonCurrentDeferredAssets0.009.06M74.45M
NonCurrentDeferredTaxesAssets0.009.06M74.45M
NonCurrentAccountsReceivable3.68M10.26M62.83M239.21M
GoodwillAndOtherIntangibleAssets6.50M6.82M28.55M30.53M
OtherIntangibleAssets6.50M6.82M7.00M7.21M
Goodwill0.0021.55M23.32M
NetPPE249.28M7.81M13.83M3.07M
AccumulatedDepreciation-3.89M-4.05M-3.99M
GrossPPE253.17M11.86M17.82M3.07M
Leases1.96M2.01M2.04M
OtherProperties248.37M6.65M11.70M3.07M
MachineryFurnitureEquipment2.84M3.20M4.07M
Properties0.000.000.00
CurrentAssets473.71M547.92M792.88M1.19B
OtherCurrentAssets638.49K2.37M196.66M23.62M
RestrictedCash1.48M237.61M22.13M9.62M
PrepaidAssets32.45M15.47M1.05B120.91M
Receivables93.83M58.91M237.78M406.59M
ReceivablesAdjustmentsAllowances-12.44M-16.10M
OtherReceivables98.56M64.90M199.10M367.03M
TaxesReceivable483.40K765.36K23.46M3.60M
AccruedInterestReceivable4.07M194.81K4.96M887.19K
LoansReceivable0.00
AccountsReceivable3.15M9.14M38.68M35.07M
AllowanceForDoubtfulAccountsReceivable-11.30K-8.47K0.000.00
GrossAccountsReceivable3.16M9.15M38.68M35.07M
CashCashEquivalentsAndShortTermInvestments345.31M233.57M336.32M632.83M
OtherShortTermInvestments168.65M89.59M281.40M407.73M
CashAndCashEquivalents176.66M143.98M54.92M225.10M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-169.72M144.49M-82.91M-66.41M
RepurchaseOfCapitalStock-12.45M-34.83M-15.34M-69.72M
RepaymentOfDebt-5.35M-166.14M-247.15M-329.70M
IssuanceOfDebt0.0032.18M99.26M242.66M
CapitalExpenditure-127.23M-251.76K-669.96K-2.97M
InterestPaidSupplementalData0.002.41M12.05M21.05M
IncomeTaxPaidSupplementalData362.49K1.11M4.90M32.80M
EndCashPosition217.51M463.89M185.89M409.51M
BeginningCashPosition450.45M180.92M378.34M363.17M
EffectOfExchangeRateChanges-1.78M6.90M39.17M-2.35M
ChangesInCash-231.16M276.07M-231.63M48.70M
FinancingCashFlow-17.45M-168.41M-433.41M-305.37M
CashFlowFromContinuingFinancingActivities-17.45M-168.41M-433.41M-305.37M
ProceedsFromStockOptionExercised356.67K381.63K1.02M1.29M
CashDividendsPaid0.000.00-271.19M-149.89M
NetCommonStockIssuance-12.45M-34.83M-15.34M-69.72M
CommonStockPayments-12.45M-34.83M-15.34M-69.72M
NetIssuancePaymentsOfDebt-5.35M-133.96M-147.89M-87.04M
NetLongTermDebtIssuance-5.35M-133.96M-147.89M-87.04M
LongTermDebtPayments-5.35M-166.14M-247.15M-329.70M
LongTermDebtIssuance0.0032.18M99.26M242.66M
InvestingCashFlow-171.21M299.73M284.02M417.51M
CashFlowFromContinuingInvestingActivities-171.21M299.73M284.02M417.51M
NetOtherInvestingChanges30.25M115.96M193.11M160.12M
NetInvestmentPurchaseAndSale-74.24M183.93M91.56M260.08M
SaleOfInvestment700.83M861.78M661.86M627.54M
PurchaseOfInvestment-775.07M-677.85M-570.30M-367.46M
NetBusinessPurchaseAndSale0.000.00267.50K
SaleOfBusiness0.000.00267.50K
NetPPEPurchaseAndSale-127.23M-154.01K-652.08K-2.96M
SaleOfPPE0.0097.75K17.88K8.04K
PurchaseOfPPE-127.23M-251.76K-669.96K-2.97M
OperatingCashFlow-42.49M144.74M-82.24M-63.44M
CashFlowFromContinuingOperatingActivities-42.49M144.74M-82.24M-63.44M
ChangeInWorkingCapital39.31M154.03M-91.83M-53.59M
ChangeInOtherWorkingCapital4.80K
ChangeInOtherCurrentLiabilities41.80M-145.17M-72.78M127.70M
ChangeInOtherCurrentAssets-64.63M167.49M-66.93M-28.38M
ChangeInReceivables62.13M131.70M47.88M-152.91M
ChangesInAccountReceivables7.37M28.49M-6.27M-12.24M
OtherNonCashItems-14.00M-26.31M43.46M31.02M
StockBasedCompensation2.34M5.43M22.98M13.75M
UnrealizedGainLossOnInvestmentSecurities3.45M0.000.00
ProvisionandWriteOffofAssets-36.97M-19.25M46.29M31.91M
AssetImpairmentCharge0.0021.13M0.000.00
DeferredTax0.0012.63M53.82M-91.45M
DeferredIncomeTax0.0012.63M53.82M-91.45M
DepreciationAmortizationDepletion13.16M2.63M2.54M1.34M
DepreciationAndAmortization13.16M2.63M2.54M1.34M
AmortizationCashFlow129.80K167.83K182.19K92.32K
AmortizationOfIntangibles129.80K167.83K182.19K92.32K
Depreciation13.03M2.46M2.35M1.24M
OperatingGainsLosses-90.85M-200.74K1.57M4.92M
EarningsLossesFromEquityInvestments0.00
GainLossOnInvestmentSecurities-90.65M6.93K2.39M5.12M
NetForeignCurrencyExchangeGainLoss-226.13K-155.07K-857.80K-212.01K
GainLossOnSaleOfPPE26.26K-52.60K33.11K12.27K
NetIncomeFromContinuingOperations41.07M-5.34M-161.06M-1.34M
SEC Filings

No SEC filings found for this symbol (may be non-US or ticker not in SEC index).

Public Trades for CANG
Date User Asset Broker Type Position Size Entry Price Patterns