(CANG) Cango - Overview
Stock: Car, Financing, Insurance, Mining
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 74.9% |
| Relative Tail Risk | -9.33% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.83 |
| Alpha | -74.53 |
| Character TTM | |
|---|---|
| Beta | 1.044 |
| Beta Downside | 0.955 |
| Drawdowns 3y | |
|---|---|
| Max DD | 75.66% |
| CAGR/Max DD | 0.14 |
Description: CANG Cango December 27, 2025
Cango Inc. (NYSE:CANG) runs a digital automotive transaction platform that links Chinese dealers, OEMs, and buyers via its Cango U-car app and AutoCango.com portal, while also offering financing-related services (credit origination, assessment, servicing, and delinquent-asset management) and ancillary products such as insurance. The company’s scope extends beyond the People’s Republic of China to the British Virgin Islands and other international markets, and it maintains a side-business in cryptocurrency mining.
As of FY 2023, Cango reported approximately US$115 million in revenue-a 22 % year-over-year increase driven primarily by higher transaction volumes in its used-car marketplace, which now processes roughly 1.3 million vehicle listings annually. The Chinese used-car market is projected by McKinsey to grow at a 9-10 % CAGR through 2029, bolstered by government incentives for vehicle turnover and a shift toward online purchasing. However, Cango’s crypto-mining segment contributed less than 5 % of total revenue and is exposed to volatile hash-rate and regulatory risk, which could materially affect earnings if policy constraints tighten. The firm’s gross margin hovered around 18 % in 2023, reflecting the high cost-structure of financing services and the relatively low margin profile of its mining operations.
For a deeper quantitative breakdown, you may find the ValueRay analytics platform useful.
Piotroski VR‑10 (Strict, 0-10) 2.5
| Net Income: -2.23b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.13 > 0.02 and ΔFCF/TA -35.64 > 1.0 |
| NWC/Revenue: 11.43% < 20% (prev 1293 %; Δ -1282 % < -1%) |
| CFO/TA -0.03 > 3% & CFO -310.2m > Net Income -2.23b |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 1.20 > 1.5 & < 3 |
| Outstanding Shares: last quarter (383.9m) vs 12m ago -15.55% < -2% |
| Gross Margin: -30.42% > 18% (prev 0.41%; Δ -3083 % > 0.5%) |
| Asset Turnover: 41.97% > 50% (prev 5.89%; Δ 36.08% > 0%) |
| Interest Coverage Ratio: -3.09 > 6 (EBITDA TTM -1.35b / Interest Expense TTM 39.6m) |
Altman Z'' -0.05
| A: 0.04 (Total Current Assets 2.06b - Total Current Liabilities 1.72b) / Total Assets 9.52b |
| B: -0.04 (Retained Earnings -343.8m / Total Assets 9.52b) |
| C: -0.02 (EBIT TTM -122.2m / Avg Total Assets 7.02b) |
| D: -0.05 (Book Value of Equity -225.9m / Total Liabilities 4.62b) |
| Altman-Z'' Score: -0.05 = B |
Beneish M 1.00
| DSRI: 0.01 (Receivables 20.7m/137.1m, Revenue 2.95b/266.7m) |
| GMI: 1.00 (fallback, negative margins) |
| AQI: 4.28 (AQ_t 0.49 / AQ_t-1 0.12) |
| SGI: 11.06 (Revenue 2.95b / 266.7m) |
| TATA: -0.20 (NI -2.23b - CFO -310.2m) / TA 9.52b) |
| Beneish M-Score: 5.11 (Cap -4..+1) = D |
What is the price of CANG shares?
Over the past week, the price has changed by -20.83%, over one month by -37.97%, over three months by -43.05% and over the past year by -59.76%.
Is CANG a buy, sell or hold?
What are the forecasts/targets for the CANG price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 3.5 | 260.8% |
| Analysts Target Price | 3.5 | 260.8% |
| ValueRay Target Price | 1 | 1% |
CANG Fundamental Data Overview February 02, 2026
P/E Forward = 22.7273
P/S = 0.6853
P/B = 0.6289
Revenue TTM = 2.95b CNY
EBIT TTM = -122.2m CNY
EBITDA TTM = -1.35b CNY
Long Term Debt = 405.1m CNY (from longTermDebt, last quarter)
Short Term Debt = 4.01m CNY (from shortTermDebt, last quarter)
Debt = 2.90b CNY (from shortLongTermDebtTotal, last quarter)
Net Debt = 362.6m CNY (from netDebt column, last quarter)
Enterprise Value = 5.81b CNY (2.96b + Debt 2.90b - CCE 44.9m)
Interest Coverage Ratio = -3.09 (Ebit TTM -122.2m / Interest Expense TTM 39.6m)
EV/FCF = -4.69x (Enterprise Value 5.81b / FCF TTM -1.24b)
FCF Yield = -21.31% (FCF TTM -1.24b / Enterprise Value 5.81b)
FCF Margin = -42.02% (FCF TTM -1.24b / Revenue TTM 2.95b)
Net Margin = -75.64% (Net Income TTM -2.23b / Revenue TTM 2.95b)
Gross Margin = -30.42% ((Revenue TTM 2.95b - Cost of Revenue TTM 3.85b) / Revenue TTM)
Gross Margin QoQ = none% (prev 0.85%)
Tobins Q-Ratio = 0.61 (Enterprise Value 5.81b / Total Assets 9.52b)
Interest Expense / Debt = 0.51% (Interest Expense 14.7m / Debt 2.90b)
Taxrate = 4.11% (1.60m / 38.9m)
NOPAT = -117.2m (EBIT -122.2m * (1 - 4.11%)) [loss with tax shield]
Current Ratio = 1.20 (Total Current Assets 2.06b / Total Current Liabilities 1.72b)
Debt / Equity = 4.21 (Debt 2.90b / totalStockholderEquity, last quarter 688.5m)
Debt / EBITDA = -0.27 (negative EBITDA) (Net Debt 362.6m / EBITDA -1.35b)
Debt / FCF = -0.29 (negative FCF - burning cash) (Net Debt 362.6m / FCF TTM -1.24b)
Total Stockholder Equity = 3.34b (last 4 quarters mean from totalStockholderEquity)
RoA = -31.75% (Net Income -2.23b / Total Assets 9.52b)
RoE = -66.83% (Net Income TTM -2.23b / Total Stockholder Equity 3.34b)
RoCE = -3.27% (EBIT -122.2m / Capital Employed (Equity 3.34b + L.T.Debt 405.1m))
RoIC = -2.88% (negative operating profit) (NOPAT -117.2m / Invested Capital 4.07b)
WACC = 5.17% (E(2.96b)/V(5.86b) * Re(9.76%) + D(2.90b)/V(5.86b) * Rd(0.51%) * (1-Tc(0.04)))
Discount Rate = 9.76% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 87.59%
Fair Price DCF = unknown (Cash Flow -1.24b)
EPS Correlation: 50.02 | EPS CAGR: 6.16% | SUE: 0.0 | # QB: 0
Revenue Correlation: -27.00 | Revenue CAGR: -33.72% | SUE: -1.64 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.03 | Chg30d=N/A | Revisions Net=+0 | Analysts=1
EPS next Year (2026-12-31): EPS=0.06 | Chg30d=N/A | Revisions Net=+0 | Growth EPS=+107.1% | Growth Revenue=+11.4%