CANG
CANGO-A (CANG)
NYSE
$0.22-$0.01 (-5.63%)
Price as of Jun 23, 2026 2:35 PM EDT
  • $80.0M
    Market Cap
  • -94.37%
    1-Year Change
  • Capital Markets
    Industry

Key Performance

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  • Earnings Score: N/A
  • Momentum Score: 32
  • True Yield: N/A
  • Financial Health Score: N/A
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Latest Research & News

Cango (CANG) Q1 2026 Earnings Transcript

Cango reported Q1 2026 results with $102 million in revenue but a $261.1 million net loss driven by noncash impairment charges and Bitcoin collateral fair value declines. The company reduced long-term debt to $30.6 million from $557.6 million through strategic Bitcoin sales, shifted from a 'mine and hold' to a 'dynamic balanced' treasury approach, and is transitioning its mining fleet from less efficient S19 to S21 machines. The company is advancing its EcoHash AI infrastructure pilot at its Georgia site, targeting first revenue in H2 2026, while adopting a revenue-sharing hosting model at higher-cost sites to improve cash flow resilience.

06/02/2026, 9:16 AM • The Motley Fool

Cango (CANG) Q3 2024 Earnings Call Transcript

Cango reported Q3 2024 results showing sharp revenue decline to RMB27.0 million from RMB353.6 million year-over-year, but achieved operating profit of RMB35.2 million and net income of RMB67.9 million through aggressive cost control and risk management. The company is expanding internationally through AutoCango.com, which has accumulated 370,000 page views and 60,000 registered users since March 2024 launch, with plans for 15-language support by early 2025. Management projects further revenue decline to RMB15-17.5 million in Q4 2024.

04/09/2026, 9:36 AM • The Motley Fool

Cango (CANG) Q2 2024 Earnings Call Transcript

Cango reported a sharp 93% year-over-year revenue decline to RMB45.1 million in Q2 2024, driven by weakness in the Chinese automotive market. Despite lower revenues, the company swung to profitability with RMB86 million net income through cost control measures and credit loss recoveries. Management guided Q3 revenue to decline further to RMB20-25 million. The company is expanding cross-border used car operations via AutoCango.com and maintaining low loan delinquency rates at 2.93% (M1+) and 1.57% (M3+).

04/09/2026, 9:35 AM • The Motley Fool

Qian Xun Adds Crypto Cachet To New Business

Qian Xun Technology Ltd. is transitioning from advertising services to e-commerce and fintech, unveiling PayKet, a stablecoin-based payment service for cross-border trading of used electronics. The company acquired Punkcode Technology for blockchain development and is positioning itself as a fintech provider leveraging cryptocurrencies, IoT, and AI for supply chain finance.

12/25/2025, 10:35 AM • Benzinga

Peers

Statistics

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Day Range
$0.21
$0.26
$0.23
1-Year Range
$0.19
$5.50
$0.23
Latest Close$0.23
Change
+$0.04 (+17.75%)
Volume19,282,450
Market Cap$80.0M
Shares Outstanding346.4M
Enterprise Value$86.4M

Information as of 06/22/2026

Company Profile

$80.0M
Market Cap
-$622.0M
Net Income
Sector: Financial Services
Industry: Capital Markets
3131 McKinney Avenue, Dallas, TX, United States, 75204
86 21 3183 5087

Cango Inc. operates bitcoin mining business with mining operations across North America, the Middle East, South America, and East Africa. It also operates an online international used car export business through AutoCango.com. Cango Inc. was founded in 2010 and is headquartered in Dallas, Texas.

Key Executives

  • Juliet Ye
  • Peng Yu
  • Ming Yeung Tang

Current Ownership Distribution

  • Institutions322.4M (80.22%)
  • Insiders66.5M (16.55%)
  • Mutual Funds12.9M (3.22%)
  • Other0 (0.00%)