CANG
Price:
$5.02
Market Cap:
$3.86B
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 2...[Read more]
Industry
Auto - Dealerships
IPO Date
2018-07-26
Stock Exchange
NYSE
Ticker
CANG
According to Cango Inc.’s latest financial reports and current stock price. The company's current ROE is 3.60%. This represents a change of 310.43% compared to the average of 0.88% of the last 4 quarters.
The mean historical ROE of Cango Inc. over the last ten years is 1.28%. The current 3.60% ROE has changed 180.05% with respect to the historical average. Over the past ten years (40 quarters), CANG's ROE was at its highest in in the March 2017 quarter at 35.18%. The ROE was at its lowest in in the December 2022 quarter at -12.93%.
Average
1.28%
Median
-0.56%
Minimum
-25.71%
Maximum
40.23%
Discovering the peaks and valleys of Cango Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 20.94%
Maximum Annual ROE = 40.23%
Minimum Annual Increase = -145.76%
Minimum Annual ROE = -25.71%
Year | ROE | Change |
---|---|---|
2023 | -0.99% | -96.14% |
2022 | -25.71% | 20.94% |
2021 | -0.12% | -100.30% |
2020 | 40.23% | 463.77% |
2019 | 7.14% | 23.82% |
2018 | 5.76% | -145.76% |
2017 | -12.59% | 266.00% |
The current ROE of Cango Inc. (CANG) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
-8.94%
5-year avg
4.11%
10-year avg
1.28%
Cango Inc.’s ROE is greater than Kingsway Financial Services Inc. (-34.56%), less than Cars.com Inc. (7.95%), less than KAR Auction Services, Inc. (4.02%), less than Rush Enterprises, Inc. (15.58%), less than Rush Enterprises, Inc. (15.58%), less than Sonic Automotive, Inc. (0%), less than Lithia Motors, Inc. (20.88%), less than AutoNation, Inc. (12.49%), less than Asbury Automotive Group, Inc. (31.66%), less than Penske Automotive Group, Inc. (10.75%), less than Kingsway Financial Services Inc. (17.73%), greater than Group 1 Automotive, Inc. (-34.56%), less than Uxin Limited (18.06%), less than Lazydays Holdings, Inc. (8.23%), greater than null (-59.71%),
Company | ROE | Market cap |
---|---|---|
-34.56% | $38.42M | |
7.95% | $1.12B | |
4.02% | $2.19B | |
15.58% | $4.31B | |
15.58% | $4.35B | |
0% | $2.19B | |
20.88% | $9.70B | |
12.49% | $6.88B | |
31.66% | $4.82B | |
10.75% | $10.52B | |
17.73% | $233.27M | |
-34.56% | $5.68B | |
18.06% | $796.31M | |
8.23% | $0 | |
-59.71% | $0 |
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