Stock CANG CANGO INC.
Add to a list
To use this feature you must be a member
Log inSign up

Financials Cango Inc.

Equities

CANG

US1375861036

Internet Services

Market Closed - Nyse
Other stock markets
 04:10:00 2024-04-26 pm EDT 		5-day change 1st Jan Change
1.44 USD 0.00% Intraday chart for Cango Inc. +2.86% +41.18%
Apr. 24 Tech Stocks Lead Asian Equities Traded in the US as American Depositary Receipts Higher in Wednesday Trading MT
Apr. 23 Cango Shares Rise After Company Reports $50 Million Share Repurchase Program MT

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022
Capitalization 1 8,249 9,644 6,896 2,911 1,252
Enterprise Value (EV) 1 6,670 9,650 3,689 881.6 8.039
P/E ratio 25.3 x 24.7 x 2.06 x -332 x -1.11 x
Yield - - - - -
Capitalization / Revenue 7.56 x 6.7 x 3.36 x 0.74 x 0.63 x
EV / Revenue 6.11 x 6.7 x 1.8 x 0.22 x 0 x
EV / EBITDA 23.5 x 26.3 x 11.2 x 4.83 x -0.01 x
EV / FCF -5.4 x -10.3 x 10.3 x 1.16 x 4.3 x
FCF Yield -18.5% -9.67% 9.75% 86.2% 23.3%
Price to Book 1.57 x 1.76 x 0.82 x 0.4 x 0.28 x
Nbr of stocks (in thousands) 151,105 151,405 150,973 145,954 138,738
Reference price 2 54.59 63.70 45.68 19.95 9.022
Announcement Date 4/25/19 4/27/20 4/27/21 4/26/22 4/26/23
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 1,052 1,091 1,440 2,052 3,922 1,980
EBITDA 1 433.8 283.6 367.5 329.7 182.4 -641.8
EBIT 1 431.2 276.4 357.6 320.6 174.5 -647.3
Operating Margin 40.98% 25.32% 24.83% 15.62% 4.45% -32.68%
Earnings before Tax (EBT) 1 468.5 396 487.8 3,743 12.31 -874.5
Net income 1 341 302.7 390.9 3,370 -8.544 -1,111
Net margin 32.41% 27.73% 27.15% 164.17% -0.22% -56.11%
EPS 2 2.698 2.155 2.578 22.18 -0.0600 -8.108
Free Cash Flow 1 402.6 -1,234 -932.8 359.7 760.1 1.87
FCF margin 38.27% -113.09% -64.78% 17.53% 19.38% 0.09%
FCF Conversion (EBITDA) 92.81% - - 109.09% 416.64% -
FCF Conversion (Net income) 118.07% - - 10.67% - -
Dividend per Share - - - - - -
Announcement Date 6/22/18 4/25/19 4/27/20 4/27/21 4/26/22 4/26/23
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1
Net sales 1 1,051 787.7 289.2 416.4 487.1 542.6
EBITDA -70.13 - -299 -105.4 - -
EBIT -157 -189.1 -354.1 -192.3 -211.6 -
Operating Margin -14.95% -24% -122.46% -46.19% -43.44% -
Earnings before Tax (EBT) 112.2 -173.3 -343.6 -169.7 -187.9 -
Net income 124.1 -136.2 -285.8 -130.3 -558.9 -
Net margin 11.82% -17.29% -98.82% -31.29% -114.74% -
EPS 2 0.8700 -0.9800 -2.080 -0.9600 -4.130 0.5600
Dividend per Share - - - - - -
Announcement Date 3/10/22 6/9/22 8/29/22 11/29/22 3/9/23 6/8/23
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - 5.26 - - -
Net Cash position 1 691 1,579 - 3,207 2,030 1,244
Leverage (Debt/EBITDA) - - 0.0143 x - - -
Free Cash Flow 1 403 -1,234 -933 360 760 1.87
ROE (net income / shareholders' equity) 47.5% 9.42% 7.53% 48.7% -0.11% -19.6%
ROA (Net income/ Total Assets) 19.9% 3.72% 2.79% 1.92% 0.94% -4.5%
Assets 1 1,716 8,147 14,027 175,605 -904.6 24,671
Book Value Per Share 2 -42.60 34.70 36.30 55.90 50.00 32.10
Cash Flow per Share 2 12.60 19.20 13.30 9.520 10.30 2.810
Capex 1 9.59 14.4 43 5.36 18.9 4.62
Capex / Sales 0.91% 1.32% 2.99% 0.26% 0.48% 0.23%
Announcement Date 6/22/18 4/25/19 4/27/20 4/27/21 4/26/22 4/26/23
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Internet Services

1st Jan change Capi.
CANGO INC. Stock Cango Inc.
+41.18% 194M
TENCENT HOLDINGS LIMITED Stock Tencent Holdings Limited
+18.66% 414B
NETFLIX, INC. Stock Netflix, Inc.
+15.27% 242B
UBER TECHNOLOGIES, INC. Stock Uber Technologies, Inc.
+12.15% 144B
AIRBNB, INC. Stock Airbnb, Inc.
+20.63% 104B
PROSUS N.V. Stock Prosus N.V.
+17.19% 83.87B
SPOTIFY TECHNOLOGY S.A. Stock Spotify Technology S.A.
+54.11% 57.64B
DOORDASH, INC. Stock DoorDash, Inc.
+33.59% 53.37B
COSTAR GROUP, INC. Stock CoStar Group, Inc.
+6.02% 37.83B
NASPERS LIMITED Stock Naspers Limited
+15.88% 32.51B
Other Internet Services
  1. Stock Market
  2. Equities
  3. CANG Stock
  4. Financials Cango Inc.