Symbols / CANG $0.43 -3.83% Cango Inc.

Financial Services • Capital Markets • United States • NYQ
CANG Chart
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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
Market Cap 175.16M Enterprise Value 700.69M Income -452.79M Sales 688.08M Book/sh 1.12 Cash/sh 0.10
Dividend Yield — Payout 0.00% Employees 96 IPO — P/E — Forward P/E 1.86
PEG — P/S 0.25 P/B 0.38 P/C — EV/EBITDA 6.12 EV/Sales 1.02
Quick Ratio 0.25 Current Ratio 0.71 Debt/Eq 140.99 LT Debt/Eq — EPS (ttm) -1.60 EPS next Y 0.23
EPS Growth — Revenue Growth 87.90% Earnings 2026-05-14 ROA -0.16% ROE -95.23% ROIC —
Gross Margin 3.85% Oper. Margin -13.26% Profit Margin -90.39% Shs Outstand 393.22M Shs Float 229.44M Short Float 4.65%
Short Ratio 4.23 Short Interest — 52W High 2.88 52W Low 0.33 Beta — Avg Volume 1.29M
Volume 801.74K Target Price $3.00 Recom None Prev Close $0.44 Price $0.43 Change -3.83%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$3.00
Mean price target
2. Current target
$0.44
Latest analyst target
3. DCF / Fair value
$8.63
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$0.44
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
News
RSS: Latest CANG news
Insider Transactions

No recent insider transactions.

Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
688.08
+665.31%
89.91
0.00
-100.00%
287.05
Operating Revenue
685.33
+662.26%
89.91
0.00
-100.00%
285.49
Cost Of Revenue
659.94
+778.89%
75.09
0.00
-100.00%
265.26
Reconciled Cost Of Revenue
659.94
+778.89%
75.09
0.00
-100.00%
265.26
Gross Profit
28.14
+89.88%
14.82
0.00
-100.00%
21.79
Operating Expense
30.58
+85.10%
16.52
+135.18%
7.02
-95.52%
156.85
Research And Development
—
0.75
-82.37%
4.25
-36.23%
6.66
Selling General And Administration
28.90
+82.81%
15.81
+125.06%
7.02
-88.79%
62.66
Selling And Marketing Expense
—
1.79
-67.32%
5.49
-71.47%
19.25
General And Administrative Expense
28.90
+82.81%
15.81
+125.06%
7.02
-83.82%
43.42
Other Gand A
28.90
+82.81%
15.81
+125.06%
7.02
-83.82%
43.42
Other Operating Expenses
—
-4.23
-951.57%
0.50
-98.80%
41.24
Total Expenses
690.51
+653.79%
91.61
+1204.24%
7.02
-98.34%
422.11
Operating Income
-2.43
-43.33%
-1.70
+75.84%
-7.02
+94.80%
-135.06
Total Operating Income As Reported
-437.10
-8445.86%
-5.11
+27.18%
-7.02
+94.88%
-137.28
EBITDA
-314.97
-1986.49%
16.70
+447.23%
3.05
+102.51%
-121.78
Normalized EBITDA
119.91
+496.18%
20.11
+552.23%
3.08
+102.54%
-121.22
Reconciled Depreciation
117.01
+887.76%
11.85
+10771.59%
0.11
-95.70%
2.54
EBIT
-431.98
-9005.73%
4.85
+64.87%
2.94
+102.37%
-124.32
Total Unusual Items
-434.89
-12625.09%
-3.42
-10316.55%
-0.03
+94.18%
-0.56
Total Unusual Items Excluding Goodwill
-434.89
-12625.09%
-3.42
-10316.55%
-0.03
+94.18%
-0.56
Special Income Charges
-434.78
-12622.34%
-3.42
0.00
0.00
Impairment Of Capital Assets
434.78
+12622.34%
3.42
0.00
0.00
Net Income
-621.95
-1593.20%
41.65
+860.53%
-5.48
+96.60%
-161.06
Pretax Income
-451.95
-9600.03%
4.76
+61.70%
2.94
+102.32%
-126.75
Net Non Operating Interest Income Expense
-17.95
-291.73%
9.36
+0.96%
9.27
+137.59%
3.90
Interest Expense Non Operating
19.97
+21304.79%
0.09
+251997.30%
0.00
-100.00%
2.44
Net Interest Income
-17.95
-291.73%
9.36
+0.96%
9.27
+137.59%
3.90
Interest Expense
19.97
+21304.79%
0.09
+251997.30%
0.00
-100.00%
2.44
Interest Income Non Operating
2.02
-78.66%
9.45
+1.97%
9.27
+46.27%
6.34
Interest Income
2.02
-78.66%
9.45
+1.97%
9.27
+46.27%
6.34
Other Income Expense
-431.57
-14749.48%
-2.91
-518.70%
0.69
-84.24%
4.40
Other Non Operating Income Expenses
3.32
+549.69%
0.51
-29.66%
0.73
-85.37%
4.97
Gain On Sale Of Security
-0.11
-87941.60%
-0.00
+99.62%
-0.03
+94.18%
-0.56
Tax Provision
0.84
0.00
0.00
-100.00%
34.31
Tax Rate For Calcs
0.00
0.00
0.00
-100.00%
0.00
Tax Effect Of Unusual Items
-91.33
0.00
0.00
+100.00%
-0.12
Net Income Including Noncontrolling Interests
-621.95
-1593.20%
41.65
+860.53%
-5.48
+96.60%
-161.06
Net Income From Continuing Operation Net Minority Interest
-452.79
-9617.73%
4.76
+61.70%
2.94
+101.83%
-161.06
Net Income From Continuing And Discontinued Operation
-621.95
-1593.20%
41.65
+860.53%
-5.48
+96.60%
-161.06
Net Income Continuous Operations
-452.79
-9617.73%
4.76
+61.70%
2.94
+101.83%
-161.06
Net Income Discontinuous Operations
-169.16
-558.50%
36.89
+538.25%
-8.42
—
Minority Interests
—
—
—
0.00
Normalized Income
-109.23
-1436.13%
8.17
+174.80%
2.97
+101.85%
-160.62
Net Income Common Stockholders
-621.95
-1593.20%
41.65
+860.53%
-5.48
+96.60%
-161.06
Diluted EPS
-2.20
-1200.00%
0.20
+1100.00%
-0.02
+96.60%
-0.59
Basic EPS
-2.20
-1200.00%
0.20
+1100.00%
-0.02
+96.60%
-0.59
Basic Average Shares
283.29
+36.07%
208.20
-14.34%
243.05
-11.32%
274.08
Diluted Average Shares
283.29
+21.57%
233.03
-8.21%
253.88
-7.37%
274.08
Diluted NI Availto Com Stockholders
-621.95
-1593.20%
41.65
+860.53%
-5.48
+96.60%
-161.06
Earnings From Equity Interest
—
—
—
—
Provision For Doubtful Accounts
1.68
+135.85%
0.71
0.00
-100.00%
46.29
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
1,132.99
+38.54%
817.78
+24.70%
655.79
-35.51%
1,016.95
Current Assets
125.12
-73.59%
473.74
-13.54%
547.92
-30.89%
792.88
Cash Cash Equivalents And Short Term Investments
41.24
-68.39%
130.48
-44.14%
233.57
-30.55%
336.32
Cash And Cash Equivalents
41.24
-54.39%
90.43
-37.19%
143.98
+162.15%
54.92
Other Short Term Investments
0.00
-100.00%
40.05
-55.29%
89.59
-68.16%
281.40
Receivables
2.66
-96.98%
88.06
+49.49%
58.91
-75.23%
237.78
Accounts Receivable
1.66
+0.98%
1.65
-82.00%
9.14
-76.37%
38.68
Gross Accounts Receivable
—
3.16
-65.45%
9.15
-76.35%
38.68
Allowance For Doubtful Accounts Receivable
—
-0.01
-33.42%
-0.01
0.00
Receivables Adjustments Allowances
-0.06
0.00
+100.00%
-16.10
—
Other Receivables
—
98.56
+51.85%
64.90
-67.40%
199.10
Taxes Receivable
—
0.48
-36.84%
0.77
-96.74%
23.46
Accrued Interest Receivable
0.00
-100.00%
1.88
+863.68%
0.19
-96.07%
4.96
Loans Receivable
—
—
—
—
Inventory
0.63
0.00
—
—
Prepaid Assets
3.93
-84.30%
25.00
+61.68%
15.47
-98.52%
1,048.20
Restricted Cash
—
1.48
-99.38%
237.61
+973.66%
22.13
Assets Held For Sale Current
0.00
-100.00%
230.11
—
—
Other Current Assets
76.66
+90410.26%
0.08
-96.43%
2.37
-98.79%
196.66
Total Non Current Assets
1,007.87
+192.95%
344.04
+218.96%
107.86
-51.86%
224.07
Net PPE
269.62
+10.93%
243.06
+3010.32%
7.81
-43.50%
13.83
Gross PPE
269.62
+5.90%
254.60
+2046.23%
11.86
-33.42%
17.82
Accumulated Depreciation
—
-11.55
-185.22%
-4.05
-1.50%
-3.99
Properties
248.75
-2.20%
254.35
0.00
0.00
Machinery Furniture Equipment
—
0.07
-97.75%
3.20
-21.45%
4.07
Other Properties
20.88
+11223.22%
0.18
-97.23%
6.65
-43.15%
11.70
Leases
—
1.96
-2.45%
2.01
-1.63%
2.04
Goodwill And Other Intangible Assets
0.29
0.00
-100.00%
6.82
-76.10%
28.55
Goodwill
—
—
0.00
-100.00%
21.55
Other Intangible Assets
—
6.50
-4.80%
6.82
-2.56%
7.00
Investments And Advances
2.00
0.00
—
—
Other Investments
2.00
0.00
—
—
Non Current Accounts Receivable
668.64
+180231.55%
-0.37
-103.62%
10.26
-83.67%
62.83
Non Current Deferred Assets
—
—
0.00
-100.00%
9.06
Non Current Deferred Taxes Assets
—
—
0.00
-100.00%
9.06
Non Current Prepaid Assets
67.31
+49.60%
44.99
—
—
Other Non Current Assets
—
56.36
-32.07%
82.96
-24.44%
109.80
Total Liabilities Net Minority Interest
735.94
+178.86%
263.91
+124.95%
117.32
-69.96%
390.52
Current Liabilities
176.72
-31.33%
257.37
+134.57%
109.72
-70.09%
366.83
Payables And Accrued Expenses
97.87
+90.21%
51.46
-15.71%
61.04
-12.89%
70.08
Payables
91.34
+80.48%
50.61
-16.26%
60.44
-12.63%
69.18
Accounts Payable
—
0.30
-91.20%
3.36
-7.53%
3.63
Other Payable
1.80
-9.83%
2.00
-83.01%
11.77
-13.10%
13.55
Current Accrued Expenses
6.53
+672.33%
0.85
+39.86%
0.60
-33.16%
0.90
Total Tax Payable
89.54
+84.20%
48.61
+7.29%
45.31
-12.86%
52.00
Income Tax Payable
88.79
+82.66%
48.61
+10.47%
44.00
-3.14%
45.43
Current Debt And Capital Lease Obligation
0.57
-96.67%
17.25
+156.85%
6.72
-95.58%
151.87
Current Debt
—
17.07
+202.49%
5.64
-96.25%
150.43
Other Current Borrowings
—
17.07
+12962.32%
0.13
-99.84%
81.91
Current Capital Lease Obligation
0.57
+218.45%
0.18
-83.20%
1.07
-25.35%
1.44
Current Deferred Liabilities
1.73
+5.47%
1.64
-91.61%
19.51
-76.18%
81.91
Current Deferred Revenue
1.73
+5.47%
1.64
-91.61%
19.51
-76.18%
81.91
Other Current Liabilities
76.55
-59.07%
187.02
+733.29%
22.44
-64.36%
62.98
Total Non Current Liabilities Net Minority Interest
559.22
+8441.81%
6.55
-13.88%
7.60
-67.91%
23.69
Liabilities Heldfor Sale Non Current
0.00
-100.00%
6.55
—
—
Long Term Debt And Capital Lease Obligation
559.22
0.00
-100.00%
6.06
-72.58%
22.09
Long Term Debt
557.57
—
0.10
-99.09%
11.00
Long Term Capital Lease Obligation
1.66
0.00
-100.00%
5.96
-46.30%
11.09
Non Current Deferred Liabilities
0.00
+0.00%
0.00
-100.00%
1.51
-2.67%
1.55
Non Current Deferred Taxes Liabilities
0.00
+0.00%
0.00
-100.00%
1.51
-2.67%
1.55
Other Non Current Liabilities
—
0.00
-91.79%
0.03
-30.00%
0.05
Stockholders Equity
397.04
-28.31%
553.87
+2.86%
538.47
-14.04%
626.43
Common Stock Equity
397.04
-28.31%
553.87
+2.86%
538.47
-14.04%
626.43
Capital Stock
0.04
+49.71%
0.03
+2.39%
0.03
-2.67%
0.03
Common Stock
0.04
+49.71%
0.03
+2.39%
0.03
-2.67%
0.03
Share Issued
441.70
+49.71%
295.03
-2.57%
302.81
+0.00%
302.81
Ordinary Shares Number
355.33
+71.19%
207.57
-4.71%
217.84
-19.20%
269.58
Treasury Shares Number
86.37
-1.25%
87.47
+2.94%
84.97
+155.75%
33.23
Additional Paid In Capital
1,135.96
+55.92%
728.56
+7.29%
679.07
-2.50%
696.48
Retained Earnings
-635.54
-4578.15%
-13.59
+71.31%
-47.35
-3685.92%
1.32
Gains Losses Not Affecting Retained Earnings
0.00
+100.00%
-49.57
-414.19%
15.78
+64.05%
9.62
Treasury Stock
103.42
-7.30%
111.57
+2.29%
109.07
+34.61%
81.02
Other Equity Adjustments
—
-49.57
-414.19%
15.78
+64.05%
9.62
Total Equity Gross Minority Interest
397.04
-28.31%
553.87
+2.86%
538.47
-14.04%
626.43
Total Capitalization
954.61
+72.35%
553.87
+2.84%
538.57
-15.51%
637.42
Working Capital
-51.60
-123.85%
216.38
-50.62%
438.21
+2.85%
426.05
Invested Capital
954.61
+67.20%
570.93
+4.91%
544.21
-30.93%
787.86
Total Debt
559.80
+3145.54%
17.25
+35.04%
12.77
-92.66%
173.96
Net Debt
516.32
—
—
106.51
Capital Lease Obligations
2.23
+1136.84%
0.18
-97.44%
7.03
-43.89%
12.53
Net Tangible Assets
396.75
-28.37%
553.87
+4.18%
531.64
-11.08%
597.88
Tangible Book Value
396.75
-28.37%
553.87
+4.18%
531.64
-11.08%
597.88
Current Notes Payable
—
—
0.00
-100.00%
17.89
Duefrom Related Parties Current
1.06
-98.74%
84.54
—
—
Duefrom Related Parties Non Current
669.92
0.00
—
—
Interest Payable
0.00
-100.00%
0.06
0.00
-100.00%
0.15
Line Of Credit
—
17.07
+209.62%
5.51
-89.11%
50.63
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
-109.83
-168.98%
-40.83
-127.91%
146.30
+277.90%
-82.24
Cash Flow From Continuing Operating Activities
-95.42
-19.75%
-79.68
-1193.76%
7.29
+108.86%
-82.24
Cash From Discontinued Operating Activities
-14.41
-137.09%
38.85
-72.05%
139.02
—
Net Income From Continuing Operations
-452.79
-9617.73%
4.76
+61.70%
2.94
+101.83%
-161.06
Depreciation Amortization Depletion
117.01
+887.76%
11.85
+10771.59%
0.11
-95.70%
2.54
Depreciation
117.01
+887.76%
11.85
+10771.59%
0.11
-95.37%
2.35
Amortization Cash Flow
—
0.13
-22.66%
0.17
-7.88%
0.18
Depreciation And Amortization
117.01
+887.76%
11.85
+10771.59%
0.11
-95.70%
2.54
Amortization Of Intangibles
—
0.13
-22.66%
0.17
-7.88%
0.18
Other Non Cash Items
478.10
+2701.14%
17.07
+164.88%
-26.31
-160.53%
43.46
Stock Based Compensation
4.88
+247.67%
1.40
-59.91%
3.50
-84.76%
22.98
Provisionand Write Offof Assets
1.68
+135.85%
0.71
0.00
-100.00%
46.29
Asset Impairment Charge
338.28
0.00
0.00
0.00
Deferred Tax
—
0.00
-100.00%
12.63
-76.53%
53.82
Deferred Income Tax
—
0.00
-100.00%
12.63
-76.53%
53.82
Operating Gains Losses
-675.76
-651.61%
-89.91
-274135.41%
0.03
-97.90%
1.57
Gain Loss On Investment Securities
-675.50
-651.32%
-89.91
-1385650.98%
0.01
-99.73%
2.39
Unrealized Gain Loss On Investment Securities
96.38
+2720.33%
3.42
0.00
0.00
Net Foreign Currency Exchange Gain Loss
0.23
+180206.40%
0.00
-99.53%
0.03
+103.07%
-0.86
Gain Loss On Sale Of PPE
-0.48
0.00
0.00
-100.00%
0.03
Change In Working Capital
-3.20
+88.95%
-28.98
-4246.48%
0.70
+100.76%
-91.83
Change In Receivables
-1.25
0.00
0.00
-100.00%
47.88
Changes In Account Receivables
-1.25
0.00
0.00
+100.00%
-6.27
Change In Prepaid Assets
-1.81
+97.48%
-71.81
-12847.52%
0.56
—
Change In Payables And Accrued Expense
0.05
-99.89%
43.14
+17652.76%
0.24
—
Change In Accrued Expense
0.05
-99.89%
43.14
+17652.76%
0.24
—
Change In Other Working Capital
—
—
0.00
—
Change In Other Current Assets
—
-64.63
-138.59%
167.49
+350.23%
-66.93
Change In Other Current Liabilities
-0.19
+37.43%
-0.31
-187.58%
-0.11
+99.85%
-72.78
Investing Cash Flow
78.68
+144.04%
-178.67
-158.97%
302.97
+6.67%
284.02
Cash Flow From Continuing Investing Activities
132.86
+242.71%
-93.10
-182.46%
112.90
-60.25%
284.02
Cash From Discontinued Investing Activities
-54.18
+36.68%
-85.57
-145.02%
190.07
—
Net PPE Purchase And Sale
-114.78
+10.39%
-128.09
0.00
+100.00%
-0.65
Purchase Of PPE
-114.78
+10.39%
-128.09
0.00
+100.00%
-0.67
Sale Of PPE
—
0.00
-100.00%
0.10
+446.71%
0.02
Capital Expenditure
-114.78
+10.39%
-128.09
-50779.12%
-0.25
+62.42%
-0.67
Net Investment Purchase And Sale
38.07
+8.80%
35.00
-69.00%
112.90
+23.30%
91.56
Purchase Of Investment
-2.00
+99.37%
-319.04
-80.11%
-177.14
+68.94%
-570.30
Sale Of Investment
40.07
-88.68%
354.03
+22.07%
290.03
-56.18%
661.86
Net Business Purchase And Sale
209.57
0.00
0.00
0.00
Net Other Investing Changes
—
30.25
-73.91%
115.96
-39.95%
193.11
Financing Cash Flow
-148.92
-741.29%
-17.70
+89.60%
-170.22
+60.72%
-433.41
Cash Flow From Continuing Financing Activities
-148.92
-1113.22%
-12.27
+63.47%
-33.61
+92.25%
-433.41
Net Issuance Payments Of Debt
-148.17
0.00
0.00
+100.00%
-147.89
Issuance Of Debt
26.18
0.00
0.00
-100.00%
99.26
Repayment Of Debt
-174.35
0.00
0.00
+100.00%
-247.15
Long Term Debt Issuance
26.18
0.00
0.00
-100.00%
99.26
Long Term Debt Payments
-174.35
0.00
0.00
+100.00%
-247.15
Net Long Term Debt Issuance
-148.17
0.00
0.00
+100.00%
-147.89
Net Common Stock Issuance
-1.25
+90.11%
-12.64
+63.02%
-34.17
-122.74%
-15.34
Common Stock Payments
-1.25
+90.11%
-12.64
+63.02%
-34.17
-122.74%
-15.34
Cash Dividends Paid
—
0.00
0.00
+100.00%
-271.19
Repurchase Of Capital Stock
-1.25
+90.11%
-12.64
+63.02%
-34.17
-122.74%
-15.34
Proceeds From Stock Option Exercised
0.50
+37.53%
0.36
-35.96%
0.56
-44.83%
1.02
Changes In Cash
-180.07
+24.09%
-237.20
-185.00%
279.05
+220.47%
-231.63
Effect Of Exchange Rate Changes
3.77
+144.87%
-8.41
-357.52%
-1.84
-104.69%
39.17
Beginning Cash Position
217.54
-53.03%
463.15
+149.08%
185.94
-50.85%
378.34
End Cash Position
41.24
-81.04%
217.54
-53.03%
463.15
+149.16%
185.89
Free Cash Flow
-224.61
-32.96%
-168.93
-215.46%
146.30
+276.47%
-82.91
Interest Paid Supplemental Data
16.50
0.00
-100.00%
2.44
-79.74%
12.05
Income Tax Paid Supplemental Data
0.00
-100.00%
0.37
-67.12%
1.12
-77.18%
4.90
Earnings Losses From Equity Investments
—
—
—
—
Sale Of Business
209.57
0.00
0.00
0.00
Cash From Discontinued Financing Activities
0.00
+100.00%
-5.43
+96.03%
-136.62
—
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