Cango Ownership

CANG Stock  USD 4.63  0.24  4.93%   
Cango holds a total of 67.88 Million outstanding shares. Cango Inc shows 19.3 percent of its outstanding shares held by insiders and 20.17 percent owned by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
 
Shares in Circulation  
First Issued
2018-03-31
Previous Quarter
114 M
Current Value
114 M
Avarage Shares Outstanding
138.7 M
Quarterly Volatility
13.7 M
 
Covid
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
  
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.

Cango Stock Ownership Analysis

About 19.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.93. Some equities with similar Price to Book (P/B) outperform the market in the long run. Cango Inc last dividend was issued on the 25th of November 2022. Cango Inc. operates an automotive transaction service platform that connects dealers, original equipment manufacturer, financial institutions, car buyers, and other industry participants in the Peoples Republic of China. The company was founded in 2010 and is headquartered in Shanghai, the Peoples Republic of China. Cango Inc operates under Auto Truck Dealerships classification in the United States and is traded on New York Stock Exchange. It employs 2351 people. For more info on Cango Inc please contact Lin Jiayuan at 86 21 3183 5088 or go to https://ir.cangoonline.com.
Besides selling stocks to institutional investors, Cango also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Cango's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Cango's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.

Cango Quarterly Liabilities And Stockholders Equity

4.53 Billion

About 19.0% of Cango Inc are currently held by insiders. Unlike Cango's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Cango's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Cango's insider trades

Cango Stock 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 Inc2024-09-30
10.2 K
Bnp Paribas Arbitrage, Sa2024-09-30
7.4 K
Bank Of America Corp2024-09-30
5.7 K
Sound Income Strategies2024-09-30
K
Advisor Group Holdings, Inc.2024-09-30
3.4 K
Ubs Group Ag2024-09-30
1.5 K
Jpmorgan Chase & Co2024-09-30
1.1 K
Oarsman Capital, Inc2024-09-30
675
Tower Research Capital Llc2024-09-30
344
Primavera Capital Management Ltd2024-09-30
5.2 M
Morgan Stanley - Brokerage Accounts2024-09-30
101.3 K
Note, although Cango's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Cango Outstanding Bonds

Cango issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Cango Inc uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Cango bonds can be classified according to their maturity, which is the date when Cango Inc has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

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

Currently Active Assets on Macroaxis

When determining whether Cango Inc is a strong investment it is important to analyze Cango's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cango's future performance. For an informed investment choice regarding Cango Stock, refer to the following important reports:
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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
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
2.528
Quarterly Revenue Growth
(0.92)
Return On Assets
0.0154
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.