Market Cap 453.53M
Revenue (ttm) 110.21M
Net Income (ttm) 41.07M
EPS (ttm) N/A
PE Ratio 0.00
Forward PE N/A
Profit Margin 37.27%
Debt to Equity Ratio 0.20
Volume 335,900
Avg Vol 348,572
Day's Range N/A - N/A
Shares Out 103.78M
Stochastic %K 39%
Beta 0.71
Analysts Strong Buy
Price Target $3.00

Company Profile

Cango Inc. operates an automotive transaction service platform that connects dealers, original equipment manufacturers, car buyers, and other industry participants in the People's Republic of China, British Virgin Islands, and internationally. The company offers automobile trading solutions comprising car sourcing and transaction facilitation services through Cango U-car app; AutoCango.com which provides Chinese used car information to overseas dealers; and automobile trading transaction service...

Industry: Auto & Truck Dealerships
Sector: Consumer Cyclical
Phone: 86 21 3183 5087
Address:
New Bund Oriental Plaza II, 8th Floor 556 West Haiyang Road Pudong New Area, Shanghai, China
Loki_96
Loki_96 Jun. 27 at 1:51 PM
$CANG right now 50 EH/s company! congratulation guys
0 · Reply
rhoque
rhoque Jun. 26 at 3:33 PM
$CANG so quite here! Reason?
0 · Reply
DonCorleone77
DonCorleone77 Jun. 23 at 10:03 AM
$CANG Cango enters fourth amendment to share-settled crypto mining assets purchase Cango announced that it has entered into the fourth amendment to the on-rack sales and purchase agreement dated November 6, 2024 for the acquisitions of on-rack crypto mining machines with an aggregate hashrate of 18 Exahash per second through issuance of Class A ordinary shares of the company to the sellers.
0 · Reply
Thestocktraderhubzee
Thestocktraderhubzee Jun. 10 at 10:34 AM
WATCHLIST JUN 10 2025 $ACON Aclarion Adds UHealth University Of Miami Miller School Of Medicine As CLARITY Trial Site To Validate Nociscan's AI-Driven MR Spectroscopy For Chronic Low Back Pain Surgery $IBM IBM Unveils Roadmap To Starling, A Large-Scale Fault-Tolerant Quantum Computer Set For Delivery By 2029, Promising 20,000x More Operations Than Today's Systems $CMG Chipotle CEO Says AI Is Fueling Rapid Expansion As Company Aims To Open Nearly 1 Restaurant Every Day In 2025 $CANG Cango Announces Divestiture of PRC Business To Accelerate Strategic Transformation Into Global Bitcoin Mining, Plans To See New Shareholders And Acquisition of Additional Mining Capacity $BDSX Bodesix Announced That It Is Partnering With The Association Of Pulmonary Advanced Practice Providers To Bring New Educational Programs Aimed At Their Professional Membership To Better Provide Access And Timely Care To Patients At Risk For Lung Cancer
0 · Reply
xicano
xicano Jun. 7 at 7:27 PM
0 · Reply
Stockboi_
Stockboi_ Jun. 6 at 4:17 PM
$CANG 👌
0 · Reply
Stockboi_
Stockboi_ Jun. 5 at 9:53 PM
$CANG 😁
1 · Reply
OpenOutcrier
OpenOutcrier Jun. 4 at 11:42 AM
$CANG (+3.4% pre) Cango Inc. Announces Third Amendment to Share-Settled Crypto Mining Assets Acquisitions https://ooc.bz/l/66830
0 · Reply
DonCorleone77
DonCorleone77 Jun. 4 at 10:43 AM
$CANG Cango enters third amendment to sales, purchase agreement Cango announced that it has entered into the third amendment to the on-rack sales and purchase agreement dated November 6, 2024 for the acquisitions of on-rack crypto mining machines with an aggregate hashrate of 18 Exahash per second through issuance of Class A ordinary shares of the company to the sellers. The company announced signing of the purchase agreement on November 6, 2024, and amendments to the agreement on March 26 and April 3. The third amendment further adjusted the number of shares to be issued to the sellers based on the updated total number of shares of the company outstanding on a fully diluted basis and as a result a total of 146,670,925 Class A ordinary shares of the company will be issued to the sellers at the closing, and a total of 97,780,616 bonus shares may be issued to the sellers upon the bonus triggerring event as provided in the original purchase agreement. The third amendment also implemented certain changes necessitated by the company's sale of its PRC business, which was consummated on May 27.
0 · Reply
Loki_96
Loki_96 Jun. 3 at 5:58 PM
$CANG still can’t believe how this level of undervaluation is possible. Can someone help me make sense of it? Let’s break down their cash position and Bitcoin holdings as of October: • Approximately $700 million in cash • Around 5,500 BTC held by October On top of that, they’re adding 18 EH/s of mining capacity, which means their Bitcoin production will increase significantly. Also worth noting: the transaction isn’t in cash. Its „share settled Transactions“ current market cap: 500 million?!??!? cash + Bitcoin holidings = 1.3 billion
3 · Reply
Latest News on CANG
Cango: The Rally May Have Much Further To Go

Jun 11, 2025, 10:03 PM EDT - 16 days ago

Cango: The Rally May Have Much Further To Go


Who Will Be Calling The Shots At Newly-Minted Cango?

Jun 9, 2025, 12:09 PM EDT - 18 days ago

Who Will Be Calling The Shots At Newly-Minted Cango?


Cango's Crypto Makeover Gains Momentum With China Exit

May 30, 2025, 11:46 AM EDT - 4 weeks ago

Cango's Crypto Makeover Gains Momentum With China Exit


Cango Inc. Announces Results of Extraordinary General Meeting

May 16, 2025, 6:00 AM EDT - 6 weeks ago

Cango Inc. Announces Results of Extraordinary General Meeting


Cango Inc. (CANG) Q1 2025 Earnings Call Transcript

May 15, 2025, 4:02 PM EDT - 6 weeks ago

Cango Inc. (CANG) Q1 2025 Earnings Call Transcript


Apollo Insights Initiates Coverage of Cango Inc.

Apr 22, 2025, 4:00 AM EDT - 2 months ago

Apollo Insights Initiates Coverage of Cango Inc.


Cango Inc. Presents Key Highlights of Its Filed Annual Report

Mar 27, 2025, 7:06 AM EDT - 3 months ago

Cango Inc. Presents Key Highlights of Its Filed Annual Report


Cango Inc. Filed Its Annual Report on Form 20-F

Mar 27, 2025, 6:30 AM EDT - 3 months ago

Cango Inc. Filed Its Annual Report on Form 20-F


Cango Inc. Joins Bitwise Bitcoin Standard Corporations ETF

Mar 18, 2025, 8:01 AM EDT - 3 months ago

Cango Inc. Joins Bitwise Bitcoin Standard Corporations ETF

OWNB


Cango Inc. (CANG) Q4 2024 Earnings Call Transcript

Mar 7, 2025, 2:10 PM EST - 4 months ago

Cango Inc. (CANG) Q4 2024 Earnings Call Transcript


Top 3 Consumer Stocks You May Want To Dump This Quarter

Dec 19, 2024, 8:47 AM EST - 6 months ago

Top 3 Consumer Stocks You May Want To Dump This Quarter

BIRK VNCE


Cango Inc. Announces Agreements to Acquire Crypto Mining Assets

Nov 6, 2024, 9:20 AM EST - 8 months ago

Cango Inc. Announces Agreements to Acquire Crypto Mining Assets


Cango Inc. (CANG) Q3 2024 Earnings Call Transcript

Nov 5, 2024, 1:54 AM EST - 8 months ago

Cango Inc. (CANG) Q3 2024 Earnings Call Transcript


Cango Inc. (CANG) Q2 2024 Earnings Call Transcript

Aug 30, 2024, 12:12 AM EDT - 10 months ago

Cango Inc. (CANG) Q2 2024 Earnings Call Transcript


Cango Inc. Reports Second Quarter 2024 Unaudited Financial Results

Aug 29, 2024, 5:30 PM EDT - 10 months ago

Cango Inc. Reports Second Quarter 2024 Unaudited Financial Results


Cango Inc. (CANG) Q1 2024 Earnings Call Transcript

Jun 13, 2024, 1:56 AM EDT - 1 year ago

Cango Inc. (CANG) Q1 2024 Earnings Call Transcript


Loki_96
Loki_96 Jun. 27 at 1:51 PM
$CANG right now 50 EH/s company! congratulation guys
0 · Reply
rhoque
rhoque Jun. 26 at 3:33 PM
$CANG so quite here! Reason?
0 · Reply
DonCorleone77
DonCorleone77 Jun. 23 at 10:03 AM
$CANG Cango enters fourth amendment to share-settled crypto mining assets purchase Cango announced that it has entered into the fourth amendment to the on-rack sales and purchase agreement dated November 6, 2024 for the acquisitions of on-rack crypto mining machines with an aggregate hashrate of 18 Exahash per second through issuance of Class A ordinary shares of the company to the sellers.
0 · Reply
Thestocktraderhubzee
Thestocktraderhubzee Jun. 10 at 10:34 AM
WATCHLIST JUN 10 2025 $ACON Aclarion Adds UHealth University Of Miami Miller School Of Medicine As CLARITY Trial Site To Validate Nociscan's AI-Driven MR Spectroscopy For Chronic Low Back Pain Surgery $IBM IBM Unveils Roadmap To Starling, A Large-Scale Fault-Tolerant Quantum Computer Set For Delivery By 2029, Promising 20,000x More Operations Than Today's Systems $CMG Chipotle CEO Says AI Is Fueling Rapid Expansion As Company Aims To Open Nearly 1 Restaurant Every Day In 2025 $CANG Cango Announces Divestiture of PRC Business To Accelerate Strategic Transformation Into Global Bitcoin Mining, Plans To See New Shareholders And Acquisition of Additional Mining Capacity $BDSX Bodesix Announced That It Is Partnering With The Association Of Pulmonary Advanced Practice Providers To Bring New Educational Programs Aimed At Their Professional Membership To Better Provide Access And Timely Care To Patients At Risk For Lung Cancer
0 · Reply
xicano
xicano Jun. 7 at 7:27 PM
0 · Reply
Stockboi_
Stockboi_ Jun. 6 at 4:17 PM
$CANG 👌
0 · Reply
Stockboi_
Stockboi_ Jun. 5 at 9:53 PM
$CANG 😁
1 · Reply
OpenOutcrier
OpenOutcrier Jun. 4 at 11:42 AM
$CANG (+3.4% pre) Cango Inc. Announces Third Amendment to Share-Settled Crypto Mining Assets Acquisitions https://ooc.bz/l/66830
0 · Reply
DonCorleone77
DonCorleone77 Jun. 4 at 10:43 AM
$CANG Cango enters third amendment to sales, purchase agreement Cango announced that it has entered into the third amendment to the on-rack sales and purchase agreement dated November 6, 2024 for the acquisitions of on-rack crypto mining machines with an aggregate hashrate of 18 Exahash per second through issuance of Class A ordinary shares of the company to the sellers. The company announced signing of the purchase agreement on November 6, 2024, and amendments to the agreement on March 26 and April 3. The third amendment further adjusted the number of shares to be issued to the sellers based on the updated total number of shares of the company outstanding on a fully diluted basis and as a result a total of 146,670,925 Class A ordinary shares of the company will be issued to the sellers at the closing, and a total of 97,780,616 bonus shares may be issued to the sellers upon the bonus triggerring event as provided in the original purchase agreement. The third amendment also implemented certain changes necessitated by the company's sale of its PRC business, which was consummated on May 27.
0 · Reply
Loki_96
Loki_96 Jun. 3 at 5:58 PM
$CANG still can’t believe how this level of undervaluation is possible. Can someone help me make sense of it? Let’s break down their cash position and Bitcoin holdings as of October: • Approximately $700 million in cash • Around 5,500 BTC held by October On top of that, they’re adding 18 EH/s of mining capacity, which means their Bitcoin production will increase significantly. Also worth noting: the transaction isn’t in cash. Its „share settled Transactions“ current market cap: 500 million?!??!? cash + Bitcoin holidings = 1.3 billion
3 · Reply
DonCorleone77
DonCorleone77 Jun. 3 at 10:08 AM
$CANG Cango produces 484.5 bitcoin in May Cango announced its production update for crypto mining business in May.
0 · Reply
Loki_96
Loki_96 Jun. 2 at 1:32 PM
$CANG volume increasing. nice days ahead
0 · Reply
Electroyal
Electroyal Jun. 2 at 10:32 AM
$CANG $7 bucks a share on that deal? Who’s going to eat the $2.20 with a current share price of $4.80? Dilution coming
2 · Reply
DonCorleone77
DonCorleone77 Jun. 2 at 10:19 AM
$CANG Cango enters $70M securities purchase agreement with founders, EWCL Cango announced that the Company's co-founders, Xiaojun Zhang andJiayuan Lin and their holding companies have entered into a securities purchase agreement with Enduring Wealth Capital Limited, a company established in the British Virgin Islands, pursuant to which the Sellers will sell an aggregate of 10,000,000 Class B ordinary shares of the Company to EWCL for a total purchase price of $70M. The Company is a party to the Agreement and agreed to undertake certain corporate actions in connection with the Resale Transaction. As previously announced by the Company, EWCL sent a preliminary non-binding letter of intent to the board of directors of the Company on March 14 proposing a series of transactions and changes at the Company. The Company disposed all of its business in the PRC on May 27. The Agreement finalized the terms of the remaining transactions and changes contemplated by the Letter of Intent. Pursuant to the Agreement, in connection with the Resale Transaction, the Company will take necessary corporate actions to ensure that the shares of the Company to be acquired by EWCL from the Sellers will continue to be Class B ordinary shares which are entitled to 20 votes per share, and the Founders will voluntarily convert all of the remaining Class B ordinary shares held by them and their holding companies into Class A ordinary shares of the Company with one vote per share. In addition, the Board and management team of the Company will be restructured in such manner as requested by EWCL conditional upon and effective immediately after closing of the Resale Transaction. If the Company's acquisitions of on-rack crypto mining machines with an aggregate hashrate of 18 Exahash per second through issuance of Class A ordinary shares as previously announced by the Company are not consummated, EWCL will hold approximately 4.81% of the Company's total outstanding shares and 50.28% of the total voting power of the outstanding shares of the Company, and the Founders collectively will hold 31.63% of the Company's total outstanding shares and 16.52% of the total voting power of the outstanding shares of the Company immediately after the consummation of the transactions and changes contemplated by the Agreement. If the Share-Settled Transactions are consummated pursuant to the on-rack sales and purchase agreement dated November 6, 2024, EWCL will hold approximately 2.83% of the Company's total outstanding shares and 36.81% of the total voting power of the outstanding shares of the Company, and the Founders collectively will hold 18.59% of the Company's total outstanding shares and 12.09% of the total voting power of the outstanding shares of the Company immediately after the consummated of the Proposed Transactions. As announced on April 3, 2025, the Company expects further amendments to the November 2024 Purchase Agreement; therefore, the abovementioned shareholding and voting power percentages after giving effect to the consummation of the Share-Settled Transactions are subject to further changes. The Company's execution of the Agreement was approved by the Company's audit committee and the Board. As contemplated by the Agreement, the Company is required to obtain shareholders' approval of the corporate actions that the Company will need to take to ensure that the shares to be acquired by EWCL from the Sellers will continue to be Class B ordinary shares with 20 votes per share and to perform the Company's other obligations under the Agreement, among others. The Company expects to convene an extraordinary shareholders meeting to seek such shareholders' approval as soon as practicable. Closing of the Proposed Transactions is subject to various closing conditions including, among others, the shareholders' approval mentioned above.
0 · Reply
slim_nesbit
slim_nesbit May. 30 at 8:59 AM
$CANG Cash is currently expected to amount to at least USD 733 million, with a BTC price of 105 K probably closer to USD 770 million. The company is therefore trading at less than 65% of its cash holdings!
1 · Reply
Investor6
Investor6 May. 24 at 8:02 AM
$USDT.X Tether invests $25 million at IPO price in $ANTA, ANTA has acquired miner $CANG : (ANTA now trades below IPO price/ Tether acquisition price). https://theminermag.com/news/2025-05-05/tether-bitcoin-antalpha-ipo
0 · Reply
RollingDollars
RollingDollars May. 21 at 4:33 PM
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RollingDollars
RollingDollars May. 21 at 4:32 PM
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moneymake2004
moneymake2004 May. 20 at 5:03 PM
Big character change this past 2 days on $SMLR. Daily volumes up 5x past 2 days. Decent volume today, whilst Bitcoin does not a fat lot, bodes well. Rode $UAMY from 1.40s to $3.40s Moved to $BTDR $8 to $15 And now next move is $SMLR (and $CANG)
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CHItraders
CHItraders May. 19 at 12:47 PM
$CANG $BTC Cango Reports Q1 Bitcoin Mining Revenue of RMB 1,046M, In Line With Apollo Insights' Expectations, With 1,541 BTC Mined And 32 EH/s Hash Rate
0 · Reply
Rage_Against_The_Machine
Rage_Against_The_Machine May. 19 at 10:29 AM
$CANG Q1 Bitcoin mining revenue hits RMB 1,046M, in line with Apollo's estimates. Holding 2,475 BTC with zero sold – diamond hands much? Hash rate up to 32 EH/s, targeting 54 EH/s by 2026. Analysts boost 2025E revenue to RMB 5,173M. Legacy auto costs weigh on EBITDA, but mining scale could flip the script. Growth plans include Middle East energy projects and 'asset light' used car platform. Not your grandpa's auto stock anymore. https://www.prnewswire.com/news-releases/cango-inc-reports-q1-2025-bitcoin-mining-revenue-meets-apollo-insights-expectations-firm-highlights-solid-operational-metrics-and-growth-potential-302458914.html
0 · Reply
Edubbz32
Edubbz32 May. 17 at 12:56 PM
$MARA $CLSK $IREN $CANG $RIOT Let’s dive into the April Mining Metrics! ⛏️🪙⚡️Key metrics include: ✅ Monthly Bitcoin Mined ✅ Bitcoin HODL ✅End of Month Hashrate ✅End of Month Efficiency Also will look at Global Hash impact. 🎥🎬👇 https://youtu.be/LK8pes8TROI
0 · Reply