Cango Inc. (ADR)
General ticker "CANG" information:
- Sector: Consumer Discretionary
- Industry: Specialty Retail
- Capitalization: $504.9M (TTM average)
Cango Inc. (ADR) follows the US Stock Market performance with the rate: 7.3%.
Estimated limits based on current volatility of 5.8%: low 1.24$, high 1.40$
Factors to consider:
- Total employees count: 3327 as of 2018
- Earnings for 18 months up through Q2 (+1 year) exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [0.62$, 1.25$]
- 2024-12-30 to 2025-12-30 estimated range: [0.76$, 1.46$]
Financial Metrics affecting the CANG estimates:
- Positive: with PPE of -33.6 at the end of fiscal year the price was low
- Negative: negative Operating income
- Positive: Operating cash flow per share per price, % of 117.55 > 13.24
- Positive: -2.95 < Return on assets ratio (scaled to [-100,100]) of -0.81
- Positive: Investing cash flow per share per price, % of 243.43 > -0.66
- Positive: Industry inventory ratio change (median), % of -2.89 <= -0.15
- Positive: Shareholder equity ratio, % of 82.11 > 63.39
- Positive: 0 < Industry operating cash flow per share per price (median), % of 0.82
Short-term CANG quotes
Long-term CANG plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | CNY3,921.72MM | CNY1,980.45MM | CNY1,701.92MM |
| Operating Expenses | CNY3,944.97MM | CNY2,927.60MM | CNY1,775.67MM |
| Operating Income | CNY-23.25MM | CNY-947.14MM | CNY-73.75MM |
| Non-Operating Income | CNY35.56MM | CNY72.63MM | CNY129.33MM |
| Interest Expense | CNY14.48MM | CNY16.81MM | CNY4.10MM |
| R&D Expense | CNY70.28MM | CNY45.96MM | CNY30.11MM |
| Income(Loss) | CNY12.31MM | CNY-874.51MM | CNY55.58MM |
| Taxes | CNY20.85MM | CNY236.70MM | CNY93.46MM |
| Profit(Loss)* | CNY-8.54MM | CNY-1,111.21MM | CNY-37.87MM |
| Stockholders Equity | CNY6,990.57MM | CNY4,321.91MM | CNY3,816.98MM |
| Inventory | CNY61.29MM | CNY0.00MM | CNY0.00MM |
| Assets | CNY10,947.10MM | CNY7,016.25MM | CNY4,648.61MM |
| Operating Cash Flow | CNY-404.39MM | CNY-567.39MM | CNY1,026.03MM |
| Capital expenditure | CNY18.92MM | CNY4.62MM | CNY1.78MM |
| Investing Cash Flow | CNY2,661.22MM | CNY1,959.53MM | CNY2,124.70MM |
| Financing Cash Flow | CNY-1,946.43MM | CNY-2,990.21MM | CNY-1,193.78MM |
| Earnings Per Share** | CNY-0.06 | CNY-8.11 | CNY-0.31 |
| Ordinary share to ADR | 0.50x | 0.50x | 0.50x |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.