Cango Net Worth
Cango Net Worth Breakdown | CANG |
Cango Net Worth Analysis
Cango's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Cango's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Cango's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Cango's net worth analysis. One common approach is to calculate Cango's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Cango's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Cango's net worth. This approach calculates the present value of Cango's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Cango's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Cango's net worth. This involves comparing Cango's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Cango's net worth relative to its peers.
Enterprise Value |
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To determine if Cango is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Cango's net worth research are outlined below:
| Cango Inc is way too risky over 90 days horizon | |
| Cango Inc appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 1.7 B. Net Loss for the year was (37.87 M) with profit before overhead, payroll, taxes, and interest of 311.95 M. | |
| About 19.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Short Interest in Cango Inc. Rises By 166.1 percent - MarketBeat |
Cango uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Cango Inc. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Cango's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 14th of March 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 30th of September 2023 Last Quarter Report | View |
Know Cango's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Cango is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Cango Inc backward and forwards among themselves. Cango's institutional investor refers to the entity that pools money to purchase Cango's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | American Century Companies Inc | 2024-09-30 | 10.2 K | Bnp Paribas Arbitrage, Sa | 2024-09-30 | 7.4 K | Bank Of America Corp | 2024-09-30 | 5.7 K | Sound Income Strategies | 2024-09-30 | 4 K | Advisor Group Holdings, Inc. | 2024-09-30 | 3.4 K | Ubs Group Ag | 2024-09-30 | 1.5 K | Jpmorgan Chase & Co | 2024-09-30 | 1.1 K | Oarsman Capital, Inc | 2024-09-30 | 675 | Tower Research Capital Llc | 2024-09-30 | 344 | Primavera Capital Management Ltd | 2024-09-30 | 5.2 M | Morgan Stanley - Brokerage Accounts | 2024-09-30 | 101.3 K |
Follow Cango's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 508.26 M.Market Cap |
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Project Cango's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.01) | (0.01) | |
| Return On Capital Employed | (0.02) | (0.02) | |
| Return On Assets | (0.01) | (0.01) | |
| Return On Equity | (0.01) | (0.01) |
When accessing Cango's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Cango's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Cango's profitability and make more informed investment decisions.
Evaluate Cango's management efficiency
Cango Inc has return on total asset (ROA) of 0.0154 % which means that it generated a profit of $0.0154 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0354 %, meaning that it created $0.0354 on every $100 dollars invested by stockholders. Cango's management efficiency ratios could be used to measure how well Cango manages its routine affairs as well as how well it operates its assets and liabilities. The Cango's current Return On Tangible Assets is estimated to increase to -0.009. The Cango's current Return On Capital Employed is estimated to increase to -0.02. At this time, Cango's Other Assets are most likely to increase significantly in the upcoming years. The Cango's current Other Current Assets is estimated to increase to about 2.1 B, while Non Current Assets Total are projected to decrease to roughly 835.3 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 14.13 | 9.46 | |
| Tangible Book Value Per Share | 13.95 | 9.13 | |
| Enterprise Value Over EBITDA | 12.18 | 11.57 | |
| Price Book Value Ratio | 0.41 | 0.44 | |
| Enterprise Value Multiple | 12.18 | 11.57 | |
| Price Fair Value | 0.41 | 0.44 | |
| Enterprise Value | 953.8 M | 906.2 M |
Leadership effectiveness at Cango Inc is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Enterprise Value Revenue 0.6024 | Revenue | Quarterly Revenue Growth (0.92) | Revenue Per Share | Return On Equity |
Cango Corporate Filings
| 2nd of January 2025 Other Reports | ViewVerify | |
6K | 20th of November 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
13A | 8th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
F3 | 20th of August 2024 An amendment to the original Schedule 13D filing | ViewVerify |
Cango Earnings per Share Projection vs Actual
Cango Corporate Management
| Ming Chi | Independent Director | Profile | |
| Xiaojun Zhang | CoFounder Chairman | Profile | |
| Zhou Langlang | Director | Profile | |
| Yongyi Zhang | CFO Director | Profile | |
| Liu Rong | Independent Director | Profile |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cango Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Automotive Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cango. If investors know Cango will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cango listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.923 | Earnings Share 0.18 | Revenue Per Share | Quarterly Revenue Growth (0.92) | Return On Assets |
The market value of Cango Inc is measured differently than its book value, which is the value of Cango that is recorded on the company's balance sheet. Investors also form their own opinion of Cango's value that differs from its market value or its book value, called intrinsic value, which is Cango's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cango's market value can be influenced by many factors that don't directly affect Cango's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cango's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cango is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cango's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.