CANG

Cango Inc

2.40

Oct 19 • 11:05 AM ET -0.66 (-21.57%)

Financial Capital Markets China Micro NYSE

Today, 11:03 AMNo clear catalyst identified as Cango falls 22% in regular session after Friday slide

Peers: FUFU BTBT HIVE ABTC CLSK MARA RIOT ARBK SLNH BTDR

| Held by: BKCH WGMI MNRS GCPU BLCK

Scroll to Statements

Index	-
Market Cap	98.45M
Enterprise Value	139.47M
Income	-597.07M
Sales	556.87M
Book/sh	3.24
Cash/sh	0.25
Dividend Est.	-
Dividend TTM	-
Dividend Ex-Date	Nov 25, 2022
Dividend Gr. 3/5Y	- -
Payout	-
Employees	96
IPO	Jul 26, 2018

P/E	-
Forward P/E	-
PEG	-
P/S	0.18
P/B	0.74
P/C	9.73
P/FCF	-
EV/EBITDA	2.39
EV/Sales	0.25
Quick Ratio	1.00
Current Ratio	1.00
Debt/Eq	0.39
LT Debt/Eq	0.33
Option/Short	No / Yes

EPS (ttm)	-16.52
EPS next Y	-0.36
EPS next Q	-0.27
EPS this Y	65.73%
EPS next Y	95.43%
EPS next 5Y	-
EPS past 3/5Y	-39.19% -
Sales past 3/5Y	32.97% 18.27%
EPS Y/Y TTM	42.87%
Sales Y/Y TTM	46.34%
EPS Q/Q	92.72%
Sales Q/Q	-63.33%
Earnings	Aug 31 AMC
EPS/Sales Surpr.	-121.31% -16.25%

Insider Own	6.66%
Insider Trans	0.00%
Inst Own	3.32%
Inst Trans	-19.70%
ROA	-83.32%
ROE	-149.94%
ROIC	-344.54%
Gross Margin	-5.57%
Oper. Margin	-11.09%
Profit Margin	-107.22%
SMA20	-14.88%
SMA50	1.62%
SMA200	-52.23%
Trades

Shs Outstand	39.32M
Shs Float	38.29M
Short Float	0.81%
Short Ratio	0.35
Short Interest	0.31M
52W High	22.55 -89.36%
52W Low	1.36 76.47%
Volatility	19.48% 16.19%
ATR (14)	0.48
RSI (14)	44.57
Beta	0.91
Rel Volume	7.37
Avg Volume	874.54K
Volume	1,814,965

Perf Week	-20.53%
Perf Month	-10.11%
Perf Quarter	36.36%
Perf Half Y	-50.00%
Perf YTD	-84.00%
Perf Year	-88.41%
Perf 3Y	-58.26%
Perf 5Y	-74.63%
Perf 10Y	-
Recom	1.00
Target Price	6.25
Prev Close	3.06
Price	2.40
Change %	-21.57%

Date	Action	Analyst	Rating Change	Price Target Change
Jul-23-25	Initiated	H.C. Wainwright	Buy	$8
Nov-18-19	Downgrade	Morgan Stanley	Overweight → Equal-Weight
Sep-04-18	Initiated	Goldman	Neutral	$11.90

Sep-28-26 12:03PM	Cango stock surges over 20% following Buy initiation at Jones Trading (Investing.com) +19.90%
Sep-03-26 06:30AM	Cango Inc.'s AI Subsidiary, EcoHash, Announces Operational Milestones: Completes Dedicated AI Infrastructure Modification at Georgia Facility and Begins Commercial GPU Compute Services Using First Batch of GPU Servers (PR Newswire) +14.44%
06:00AM	Cango Inc. Regains Compliance with NYSE Minimum Share Price Requirement (PR Newswire)
Sep-01-26 08:30AM	Cango Inc. Q2 2026 Earnings Call Summary (Moby) -23.01%
05:00AM	Cango Inc (CANG) (Q2 2026) Earnings Call Highlights: Strategic Shift to AI and Cost Cuts Amid ... (GuruFocus.com)
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Aug-31-26 05:00PM	Cango Inc. Reports Second Quarter 2026 Unaudited Financial Results (PR Newswire) +7.17%
Aug-28-26 09:15AM	Cango Inc (CANG) Q2 2026 Earnings Report Preview: What To Look For (GuruFocus.com) -13.90%
Aug-25-26 06:00AM	Cango Inc. to Report Second Quarter 2026 Financial Results on August 31, 2026, Eastern Time (PR Newswire)
Jul-21-26 06:00AM	Cango Inc. Announces Effectiveness of 10-for-1 Share Consolidation (PR Newswire)
Jul-10-26 10:00AM	Cango sets July 20 effective date for 10-for-1 share consolidation amid NYSE price deficiency (Blockspace) -6.42%
06:00AM	Cango Inc. Announces Effective Date and Ratio for Share Consolidation (PR Newswire)
Jun-24-26 06:00AM	Cango Inc. Announces Results of Extraordinary General Meeting (PR Newswire)
Jun-10-26 06:00AM	Cango Inc. Announces May 2026 Operational and Fleet Optimization Update (PR Newswire)
Jun-01-26 05:00AM	Cango Inc (CANG) Q1 2026 Earnings Call Highlights: Navigating Challenges with Strategic ... (GuruFocus.com)
May-31-26 06:00PM	Cango Inc. Reports First Quarter 2026 Unaudited Financial Results (PR Newswire)
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May-28-26 06:00AM	Cango Inc. to Report First Quarter 2026 Financial Results on May 31, 2026, Eastern Time (PR Newswire)
May-19-26 03:00PM	Antalpha Platform Holding Co (ANTA) Q1 2026 Earnings Call Highlights: Robust Revenue Growth ... (GuruFocus.com)
May-08-26 06:00AM	Cango Inc. Announces April 2026 Operational and Fleet Optimization Update; Continuing Strategic Fleet Modernization and Enhancing Production Efficiency (PR Newswire) +25.62%
Apr-22-26 06:00AM	Cango Inc. Announces New CFO and Change of Director (PR Newswire)
Apr-17-26 02:38AM	Public Bitcoin Miners Sell Record 32,000 BTC in Q1 2026 as Margins Collapse (BeInCrypto) -23.55%
Apr-13-26 06:00AM	Cango's HPC and AI Inference Subsidiary, EcoHash, Begins Commercial Operations (PR Newswire) +5.95%
Apr-10-26 05:00PM	Cango Inc. Filed Its Annual Report on Form 20-F (PR Newswire)
Apr-09-26 01:23AM	Cango Sells 2,000 BTC to Retire Loans as Bitcoin Miners Ramp Up Liquidations (BeInCrypto)
Apr-08-26 04:41PM	Bitcoin Miner Cango Sells $143 Million in BTC, Slashes Production Costs (decrypt)
06:00AM	Cango Inc. Announces March 2026 Operational Update; Strategically Optimizing Mining Fleet and Improving Production Economics (PR Newswire)
Apr-01-26 12:57PM	Bitcoin Miner Cango Raises $75M, NYSE Issues Delisting Notice (CryptoProwl)
09:19AM	Cango Inc. Completes US$65 Million Strategic Investment and Secures US$10 Million Convertible Note Financing to Strengthen Financial Position and Drive AI and Energy Expansion (PR Newswire)
07:06AM	Cango Inc. Receives Notice Regarding NYSE Continued Listing Standard (PR Newswire)
Mar-17-26 09:20AM	Cango reports $452 million net loss in 2025 amid pivot to AI infrastructure (Blockspace) -16.67%
03:00AM	Cango Inc (CANG) Q4 2025 Earnings Call Highlights: Navigating Transformation with Bitcoin ... (GuruFocus.com)
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Mar-16-26 06:00PM	Cango Inc. Reports Fourth Quarter and Full Year 2025 Unaudited Financial Results (PR Newswire) +5.00%
Mar-13-26 07:00AM	Cango Inc. to Report Fourth Quarter and Full Year 2025 Financial Results (PR Newswire) +10.41%
Mar-06-26 11:18AM	Cango hashrate falls 31% in February as miner restructures for AI (Blockspace)
06:00AM	Cango Inc. Announces February 2026 Computing and Energy Operations Update (PR Newswire)
Feb-14-26 09:02AM	EXCLUSIVE: 'Inference Infrastructure Gap To Widen' - Bitcoin Miner Cango's AI Pivot Signals An ETF Opportunity (Benzinga)
Feb-12-26 11:42AM	Enduring Wealth Capital closes $10.5M Cango investment, achieves 49.71% voting power (Blockspace) -9.35%
06:00AM	Cango Inc. Closed the US$10.5 Million Equity Investment and Secured US$65 Million Additional Equity Investments (PR Newswire)
06:00AM	Cango Inc. Closed the Previously Announced US$10.5 Million Equity Investment from EWCL and Secured US$65 Million Additional Equity Investments (PR Newswire)
Feb-09-26 03:58PM	Bitcoin Miner Cango Dumps $305 Million in BTC to Fuel AI Pivot (decrypt) -5.52%
12:20PM	NYSE-listed firm dumps millions in Bitcoin to repay loan (TheStreet)
10:38AM	Bitcoin miner Cango sold $305 million of BTC during market slump to fund AI shift (CoinDesk)
10:31AM	Cango sells $305 million in bitcoin to pay down debt amid AI shift (Blockspace)
07:04AM	Cango Inc. Releases 2025 Letter to Shareholders (PR Newswire)
06:26AM	Cango Inc. Completes Bitcoin Sale to Strengthen Financial Position and Advance AI Transformation (PR Newswire)
Feb-07-26 10:30AM	Crypto Currents: Strategy, Galaxy Digital report Q4 earnings results (TipRanks)
Feb-03-26 11:43AM	Cango sold 550.3 BTC in Jan to fund AI build as winter storm hampered hashrate (Blockspace)
11:43AM	Cango sells 550.3 BTC in January to fund AI build as winter storm hampered hashrate (Blockspace)
06:00AM	Cango Inc. Announces January 2026 Bitcoin Production and Mining Operations Update (PR Newswire)
Jan-29-26 11:59AM	Bitcoin mining stock prices pummeled in broader market sell off (Blockspace) -6.02%
Jan-16-26 12:00PM	Bitcoin mining stocks have outperformed bitcoin, S&P 500 YTD: J.P. Morgan (Blockspace)
Jan-05-26 10:06AM	Cango mines 569 bitcoin in December 2025 as it eyes AI business line (Blockspace) +16.31%
06:00AM	Cango Inc. Announces December 2025 Bitcoin Production and Mining Operations Update (PR Newswire)
Dec-30-25 06:00AM	Cango Inc. Secures US$10.5 Million Investment from EWCL to Accelerate Growth (PR Newswire) -6.62%
Dec-29-25 06:00AM	Cango Inc. Announces New Equity Investment from EWCL (PR Newswire)
Dec-24-25 12:00PM	All You Need to Know About Cango (CANG) Rating Upgrade to Strong Buy (Zacks)
06:00AM	Cango Receives Buy Rating, Upbeat on its Asset-light Mining Model and AI Potential (PR Newswire)
04:48AM	New Strong Buy Stocks for December 24th (Zacks)
Dec-15-25 10:39AM	Bitdeer monthly bitcoin production jumps 251% as hashrate hits 45.7 EH/s (Blockspace) -6.25%
Dec-05-25 09:02AM	Cango mines 546 bitcoin in November as total holdings increase (Blockspace) -6.20%
06:00AM	Cango Inc. Announces November 2025 Bitcoin Production and Mining Operations Update (PR Newswire)
Dec-03-25 12:00AM	Cango Inc (CANG) Q3 2025 Earnings Call Highlights: Revenue Surge and Strategic Expansion Amid ... (GuruFocus.com)
Dec-02-25 10:39AM	Cango Q3 earnings: CANG revenue rises to $224.6M, management touts AI shift (Blockspace) -9.66%
Dec-01-25 05:00PM	Cango Inc. Reports Third Quarter 2025 Unaudited Financial Results (PR Newswire)
Nov-25-25 06:00AM	Cango Inc. to Report Third Quarter 2025 Financial Results on December 1, 2025, Eastern Time (PR Newswire)
Nov-17-25 03:08PM	Bitmain-affiliate Cango completes share conversion on New York Stock Exchange (Blockspace) +6.19%
06:00AM	Cango Inc. Class A Ordinary Shares Begin Trading on NYSE (PR Newswire)
Nov-07-25 05:08AM	October BTC Mining: High Costs, Tight Margins, and AI Transformation (BeInCrypto)
Nov-06-25 11:19AM	Bitmain-affiliated Cango eyes AI pivot following 2024 splash into Bitcoin mining (Blockspace)
08:22AM	Cango Eyes Strengthening of Bitcoin Mining Operations, Entry Into AI HPC Market (CoinDesk)
05:00AM	Cango Inc. Releases Letter to Shareholders (PR Newswire)
Nov-03-25 09:27AM	Cango Reports October Bitcoin Production, Reaches 6,400 BTC Holdings (Blockspace) -6.98%
08:51AM	Cango Mines 602.6 BTC in October, Total Holdings Surpass 6,400 Bitcoin (Coinspeaker)
05:00AM	Cango Inc. Announces October 2025 Bitcoin Production and Mining Operations Update (PR Newswire)
Oct-15-25 06:00AM	Cango Inc. to Terminate ADR Program and List Class A Ordinary Shares Directly on NYSE (PR Newswire)
Oct-07-25 07:51AM	Bitcoin Production in September Softens Amid Rising Difficulty MARA Maintains Lead (BeInCrypto) -5.80%
Oct-03-25 06:00AM	Cango Inc. Announces September 2025 Bitcoin Production and Mining Operations Update (PR Newswire)
Sep-26-25 10:20AM	Cango Inc. (CANG) Hits 50 EH/s Mining Capacity, Solidifying Crypto Leadership (Insider Monkey)
Sep-09-25 10:20AM	US Congressman Calls for Probe Into Chinese Bitcoin Mining Firms Bitmain, Cango (Cryptonews) -11.82%
09:28AM	GOP lawmaker seeks Treasury review of Bitmain and Cango: Bloomberg (Blockspace)
Sep-08-25 09:34AM	Cango mines 1,404 Bitcoin in Q2 and shifts to USD reporting after $352 million China divestiture (Blockspace) +9.13%
Sep-06-25 03:01AM	Cango Inc (CANG) Q2 2025 Earnings Call Highlights: Navigating Challenges and Opportunities in ... (GuruFocus.com)
Sep-05-25 08:40AM	Chinese miner Cango boosts Bitcoin output amid strategic US expansion (CryptoSlate) +6.55%
Sep-04-25 05:00PM	Cango Inc. Reports Second Quarter 2025 Unaudited Financial Results (PR Newswire)
Sep-03-25 09:17AM	Cango Inc (CANG) Q2 2025: Everything You Need To Know Ahead Of Earnings (GuruFocus.com)
Sep-02-25 06:54AM	Cango Inc. to Report Second Quarter 2025 Financial Results on September 04, 2025, Eastern Time (PR Newswire)
06:45AM	Cango Inc. Announces August 2025 Bitcoin Production and Mining Operations Update (PR Newswire)
Aug-20-25 05:12PM	CleanSpark hints at AI-pivot under new leadership: podcast (Blockspace)
Aug-11-25 06:00AM	Cango Inc. Acquires 50 MW Bitcoin Mining Facility in Georgia, Laying Groundwork for Future Energy Strategy (PR Newswire)
Aug-05-25 06:33AM	Cango sees 45% surge in July bitcoin production, hashrate expands to 50 EH/s (Blockspace)
06:00AM	Cango Inc. Announces July 2025 Bitcoin Production and Mining Operations Update (PR Newswire)
Jul-23-25 08:42AM	Cango cements Bitcoin mining pivot, Antalpha CEO takes Chair (Blockspace)
08:15AM	Cango Inc. Announces Completion of Secondary Acquisition and Appointment of New Leadership Team (PR Newswire)
Jul-17-25 06:34AM	Cango Inc. Announces Results of Second Extraordinary General Meeting (PR Newswire)
Jul-01-25 06:36AM	Cango Inc. Announces June 2025 Production Update for Crypto Mining Business (PR Newswire)
Jun-27-25 08:31AM	Cango closes share-settled mining deal, brings total capacity to 50 EH/s (Blockspace)
06:30AM	Cango Inc. Announces Closing of Share-Settled Crypto Mining Assets Acquisitions (PR Newswire)
Jun-23-25 06:00AM	Cango Inc. Announces Fourth Amendment to Share-Settled Crypto Mining Assets Acquisitions (PR Newswire) -7.87%
Jun-10-25 08:20AM	Cango Sheds Chinese Operations In Pivot To Global Bitcoin Mining (Benzinga)
06:00AM	Cango Inc. Accelerates Strategic Transformation into Global Bitcoin Mining with Divestiture of PRC Business, New Shareholders and Acquisition of Additional Mining Capacity (PR Newswire)
Jun-04-25 06:00AM	Cango Inc. Announces Third Amendment to Share-Settled Crypto Mining Assets Acquisitions (PR Newswire) +6.29%

Cango Inc. is primarily engaged in the Bitcoin mining business, with operations strategically deployed across North America, the Middle East, South America, and East Africa. The company entered the crypto asset space in November 2024, driven by advancements in blockchain technology, the growing adoption of digital assets, and its commitment to diversifying its business portfolio. In parallel, Cango continues to operate an online international used car export business through AutoCango.com, making it easier for global customers to access high-quality vehicle inventory from China. The company was founded by Jia Yuan Lin and Xiao Jun Zhang in August 2010 and is headquartered in Shanghai, China.

CEO & DirectorMr. Peng Yu

CFO & DirectorMr. Ming Yeung Tang

Head of CommunicationsJuliet Ye

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CANG

Cango Inc

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