XNYSCANG
Market cap283mUSD
Dec 23, Last price
4.85USD
1D
-3.96%
1Q
203.13%
IPO
-58.30%
Name
Cango Inc
Chart & Performance
P/E
—
P/S
2.43
EPS
—
Div Yield, %
0.00%
Shrs. gr., 5y
-4.30%
Rev. gr., 5y
9.29%
Revenues
1.70b
-14.06%
Net income
-38m
L-96.59%
CFO
1.03b
P
Dividend
Nov 25, 20220.98 USD/sh
Profile
Cango Inc. operates an automotive transaction service platform that connects dealers, original equipment manufacturer, financial institutions, car buyers, and other industry participants in the People's Republic of China. The company offers automobile trading solutions, including car sourcing, logistics, and warehousing support for dealers; and facilitation of car purchases for car buyers. It also facilitates automotive financing services that include facilitating financing transactions from financial institutions to car buyers; and after-market services to car buyers, which includes facilitating the sale of insurance policies from insurance brokers or companies. The company was founded in 2010 and is headquartered in Shanghai, the People's Republic of China.
Valuation
Title CNY in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | |
| Income | ||||||||
Revenues | 1,701,919 -14.06% | 1,980,453 -49.50% | 3,921,716 91.08% | |||||
Cost of revenue | 1,737,865 | 2,308,373 | 3,741,551 | |||||
Unusual Expense (Income) | ||||||||
NOPBT | (35,947) | (327,920) | 180,165 | |||||
NOPBT Margin | 4.59% | |||||||
Operating Taxes | 93,457 | 236,697 | 20,853 | |||||
Tax Rate | 11.57% | |||||||
NOPAT | (129,403) | (564,617) | 159,313 | |||||
Net income | (37,873) -96.59% | (1,111,208) 12,905.17% | (8,544) -100.25% | |||||
Dividends | (1,871,056) | (955,438) | ||||||
Dividend yield | 2,087.63% | 419.85% | ||||||
Proceeds from repurchase of equity | (246,882) | (105,835) | (444,401) | |||||
BB yield | 398.34% | 118.09% | 195.28% | |||||
| Debt | ||||||||
Debt current | 47,601 | 924,356 | 1,517,790 | |||||
Long-term debt | 92,772 | 238,849 | 486,372 | |||||
Deferred revenue | ||||||||
Other long-term liabilities | 10,950 | 314 | 992 | |||||
Net debt | (1,515,301) | (1,157,146) | (3,554,299) | |||||
| Cash flow | ||||||||
Cash from operating activities | 1,026,026 | (567,385) | (404,391) | |||||
CAPEX | (1,785) | (4,622) | (18,922) | |||||
Cash from investing activities | 2,124,698 | 1,959,529 | 2,661,223 | |||||
Cash from financing activities | (1,193,779) | (2,990,209) | (1,946,434) | |||||
FCF | (365,311) | (509,659) | 732,901 | |||||
| Balance | ||||||||
Cash | 1,655,675 | 2,320,350 | 4,033,743 | |||||
Long term investments | 1,524,719 | |||||||
Excess cash | 1,570,579 | 2,221,327 | 5,362,376 | |||||
Stockholders' equity | (223,572) | 75,674 | 2,804,060 | |||||
Invested Capital | 4,142,041 | 5,009,901 | 5,709,806 | |||||
ROIC | 2.50% | |||||||
ROCE | 2.10% | |||||||
| EV | ||||||||
Common stock shares outstanding | 121,524 | 137,042 | 144,946 | |||||
Price | 0.51 -22.02% | 0.65 -58.34% | 1.57 -55.14% | |||||
Market cap | 61,977 -30.85% | 89,626 -60.62% | 227,566 -57.21% | |||||
EV | (1,453,324) | (1,067,520) | (3,326,734) | |||||
EBITDA | (17,302) | (310,430) | 188,680 | |||||
EV/EBITDA | 84.00 | 3.44 | ||||||
Interest | 4,100 | 16,809 | 14,481 | |||||
Interest/NOPBT | 8.04% | |||||||