Financhill
Buy
63

CANG Quote, Financials, Valuation and Earnings

Last price:
$4.46
Seasonality move :
-11.51%
Day range:
$4.26 - $4.42
52-week range:
$1.40 - $9.66
Dividend yield:
0%
P/E ratio:
8.70x
P/S ratio:
2.02x
P/B ratio:
0.85x
Volume:
67.8K
Avg. volume:
423.1K
1-year change:
161.68%
Market cap:
$453.6M
Revenue:
$112.1M
EPS (TTM):
-$0.02
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue $297.4M $607.4M $294.8M $240.6M $112.1M
Revenue Growth (YoY) 42.65% 104.23% -51.46% -18.4% -53.4%
 
Cost of Revenues $159.1M $458.1M $272.5M $213.7M $87.7M
Gross Profit $138.3M $149.3M $22.4M $26.9M $24.4M
Gross Profit Margin 46.5% 24.57% 7.59% 11.17% 21.77%
 
R&D Expenses $9.1M $10.9M $6.8M $4.3M $761.9K
Selling, General & Admin $66.9M $79.8M $64.4M $27.7M $36.7M
Other Inc / (Exp) $486.4M -$1.8M $4.5M -$16.5M -$1.6M
Operating Expenses $87M $147.4M $161.1M $13.2M -$4.5M
Operating Income $51.3M $1.9M -$138.7M $13.7M $28.9M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items $542.4M $1.9M -$130.2M $7.9M $42M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $53.6M $3.2M $35.2M $13.2M $184.2K
Net Income to Company $488.8M -$1.3M -$165.4M -$5.4M $41.8M
 
Minority Interest in Earnings -$565.5K -- -- -- --
Net Income to Common Excl Extra Items $488.3M -$1.3M -$165.4M -$5.4M $41.8M
 
Basic EPS (Cont. Ops) $3.25 -$0.01 -$1.21 -$0.05 $0.40
Diluted EPS (Cont. Ops) $3.21 -$0.01 -$1.21 -$0.05 $0.36
Weighted Average Basic Share $150.2M $144.9M $137M $121.5M $104.1M
Weighted Average Diluted Share $152M $144.9M $137M $121.5M $116.5M
 
EBITDA $544.2M $5.5M -$125.1M $11.1M $55.5M
EBIT $542.8M $4.1M -$127.7M $8.4M $42.1M
 
Revenue (Reported) $297.4M $607.4M $294.8M $240.6M $112.1M
Operating Income (Reported) $51.3M $1.9M -$138.7M $13.7M $28.9M
Operating Income (Adjusted) $542.8M $4.1M -$127.7M $8.4M $42.1M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Revenue $173.2M $123.9M $79.3M $9M $144.9M
Revenue Growth (YoY) 391.57% -28.45% -36.03% -88.64% 1509%
 
Cost of Revenues $118.5M $108.1M $70.2M $4.1M $131.3M
Gross Profit $54.7M $15.8M $9.1M $4.9M $13.6M
Gross Profit Margin 31.57% 12.79% 11.44% 54.89% 9.37%
 
R&D Expenses $2.1M $2.3M $1.2M $153.5K $44.7K
Selling, General & Admin $18.4M $16.5M $7.6M $5.8M $12.8M
Other Inc / (Exp) -$67.5M $2.3M $1M $1.6M -$32.5M
Operating Expenses $30.1M $45.6M $1.5M -$5.4M $8.2M
Operating Income $24.6M -$29.7M $7.6M $10.4M $5.4M
 
Net Interest Expenses -- -- -- -- $1M
EBT. Incl. Unusual Items -$42M -$27.3M $11M $14.3M -$28.1M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $257.8K -$5.9M -$492.8K $1.7M $430.1K
Net Income to Company -- -- -- -- --
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$42.2M -$21.4M $11.5M $12.6M -$28.5M
 
Basic EPS (Cont. Ops) -$0.28 -$0.15 $0.08 $0.12 -$0.27
Diluted EPS (Cont. Ops) -$0.28 -$0.15 $0.08 $0.11 -$0.27
Weighted Average Basic Share $149.2M $139.2M $134.8M $105.5M $103.8M
Weighted Average Diluted Share $149.2M $139.2M $140.2M $112.8M $103.8M
 
EBITDA -$41.9M -$26.6M $11.4M $14.3M -$26.8M
EBIT -$41.9M -$26.6M $11.4M $14.3M -$26.8M
 
Revenue (Reported) $173.2M $123.9M $79.3M $9M $144.9M
Operating Income (Reported) $24.6M -$29.7M $7.6M $10.4M $5.4M
Operating Income (Adjusted) -$41.9M -$26.6M $11.4M $14.3M -$26.8M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Revenue $440.2M $558.2M $252.3M $172.3M $247.7M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $268.3M $448M $235.9M $149.4M $214.7M
Gross Profit $171.9M $110.3M $16.4M $22.9M $33M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $9.4M $11.1M $5.8M $3.2M $652.9K
Selling, General & Admin $70.8M $78M $55.9M $25.9M $43.6M
Other Inc / (Exp) $424.9M $70.2M $3.4M -$15.4M -$35.7M
Operating Expenses $83.1M $163M $118M $6.3M $9.1M
Operating Income $88.8M -$52.7M -$101.7M $16.6M $23.9M
 
Net Interest Expenses -- $426.6K -- -- --
EBT. Incl. Unusual Items $514.9M $17.1M -$92.1M $11.6M -$357.8K
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $55.1M -$2.9M $37.2M $15.1M -$1.1M
Net Income to Company -- -- -- -- --
 
Minority Interest in Earnings -$37K -- -- -- --
Net Income to Common Excl Extra Items $459.8M $20M -$129.3M -$3.5M $704.6K
 
Basic EPS (Cont. Ops) $3.14 $0.13 -$0.95 -$0.04 $0.01
Diluted EPS (Cont. Ops) $3.12 $0.12 -$0.95 -$0.05 -$0.02
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA $515.2M $19.9M -$90M $11.9M $1M
EBIT $515.2M $19.9M -$90M $11.9M $1M
 
Revenue (Reported) $440.2M $558.2M $252.3M $172.3M $247.7M
Operating Income (Reported) $88.8M -$52.7M -$101.7M $16.6M $23.9M
Operating Income (Adjusted) $515.2M $19.9M -$90M $11.9M $1M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Revenue $173.2M $123.9M $79.3M $9M $144.9M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $118.5M $108.1M $70.2M $4.1M $131.3M
Gross Profit $54.7M $15.8M $9.1M $4.9M $13.6M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $2.1M $2.3M $1.2M $153.5K $44.7K
Selling, General & Admin $18.4M $16.5M $7.6M $5.8M $12.8M
Other Inc / (Exp) -$67.5M $2.3M $1M $1.6M -$32.5M
Operating Expenses $30.1M $45.6M $1.5M -$5.4M $8.2M
Operating Income $24.6M -$29.7M $7.6M $10.4M $5.4M
 
Net Interest Expenses -- -- -- -- $1M
EBT. Incl. Unusual Items -$42M -$27.3M $11M $14.3M -$28.1M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $257.8K -$5.9M -$492.8K $1.7M $430.1K
Net Income to Company -- -- -- -- --
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$42.2M -$21.4M $11.5M $12.6M -$28.5M
 
Basic EPS (Cont. Ops) -$0.28 -$0.15 $0.08 $0.12 -$0.27
Diluted EPS (Cont. Ops) -$0.28 -$0.15 $0.08 $0.11 -$0.27
Weighted Average Basic Share $149.2M $139.2M $134.8M $105.5M $103.8M
Weighted Average Diluted Share $149.2M $139.2M $140.2M $112.8M $103.8M
 
EBITDA -$41.9M -$26.6M $11.4M $14.3M -$26.8M
EBIT -$41.9M -$26.6M $11.4M $14.3M -$26.8M
 
Revenue (Reported) $173.2M $123.9M $79.3M $9M $144.9M
Operating Income (Reported) $24.6M -$29.7M $7.6M $10.4M $5.4M
Operating Income (Adjusted) -$41.9M -$26.6M $11.4M $14.3M -$26.8M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents $218.4M $225.1M $54.9M $144M $176.7M
Short Term Investments $664.6M $407.7M $281.4M $89.6M $168.7M
Accounts Receivable, Net $21.7M $35.1M $38.7M $9.1M $3.1M
Inventory -- -- -- -- --
Prepaid Expenses $66.7M $120.9M -- $15.5M $32.5M
Other Current Assets $12.1M $23.6M $196.7M $2.4M $638.5K
Total Current Assets $1.4B $1.2B $792.9M $547.9M $473.7M
 
Property Plant And Equipment $1.6M $3.1M $13.8M $7.8M $249.3M
Long-Term Investments -- -- -- -- --
Goodwill $22.2M $23.3M $21.5M -- --
Other Intangibles $6.9M $7.2M $7M $6.8M $6.5M
Other Long-Term Assets $174.5M $176.6M $109.8M $83M $84.5M
Total Assets $1.9B $1.7B $1B $655.8M $817.7M
 
Accounts Payable $779.2K $628.2K $3.6M $3.4M $295.2K
Accrued Expenses $898K $1.8M $904.3K $604.5K $680.9K
Current Portion Of Long-Term Debt $188.1M $147.2M $81.9M $130.7K $17.1M
Current Portion Of Capital Lease Obligations -- -- $1.4M $1.1M $1.1M
Other Current Liabilities $74.7M $118.4M $63M $22.4M $177.9M
Total Current Liabilities $376.1M $536.2M $366.8M $109.7M $251.4M
 
Long-Term Debt $149.7M $76.3M $11M $100.5K --
Capital Leases -- -- -- -- --
Total Liabilities $577.2M $620.7M $390.5M $117.3M $257.9M
 
Common Stock $31.3K $32.1K $29.6K $28.8K $27.3K
Other Common Equity Adj -$17.7M -$29.4M $9.6M $15.8M $20.9M
Common Equity $1.3B $1.1B $626.4M $538.5M $559.8M
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $1.3B $1.1B $626.4M $538.5M $559.8M
 
Total Liabilities and Equity $1.9B $1.7B $1B $655.8M $817.7M
Cash and Short Terms $883.1M $632.8M $336.3M $233.6M $345.3M
Total Debt $392.2M $333.8M $161.4M $5.7M $17.1M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Cash and Equivalents $247.8M $336.1M $101.2M $162.4M $346.3M
Short Term Investments $399.2M $294.8M $293.2M $326.3M $714.4K
Accounts Receivable, Net $37.4M $32.7M $61.8M $14.9M $2.2M
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- -- --
Other Current Assets $90M $95.6M $179.6M $11.2M $49.8M
Total Current Assets $1.2B $1.1B $779.4M $549.7M $608.2M
 
Property Plant And Equipment $3.1M $3M $13.4M $7.8M $229.2M
Long-Term Investments -- -- -- -- $55.1M
Goodwill $22M $23.4M $21.6M -- --
Other Intangibles $6.8M $7.2M $7M -- --
Other Long-Term Assets $206.8M $167.5M $102.5M $76.3M $71.8M
Total Assets $1.7B $1.6B $979.8M $643.6M $971.3M
 
Accounts Payable -- -- -- -- --
Accrued Expenses $54.7M $46.3M $131.8M $24.3M $275.3M
Current Portion Of Long-Term Debt -- -- $106.6M $3.9M $108.8M
Current Portion Of Capital Lease Obligations -- -- $1.5M $1.2M $1.1M
Other Current Liabilities $89.8M $109.8M $41.2M $11.4M $2.9M
Total Current Liabilities $508.2M $411.4M $364.1M $94.2M $432.5M
 
Long-Term Debt $124.4M $71.5M $7.5M $93.5K --
Capital Leases -- -- -- -- --
Total Liabilities $655.8M $484.7M $383.9M $101.7M $438.9M
 
Common Stock $31K $32.1K $29.7K $28.7K $27.4K
Other Common Equity Adj -$16M -$32.1M $8.8M $18.7M $15.8M
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $1.1B $1.1B $595.9M $541.9M $532.4M
 
Total Liabilities and Equity $1.7B $1.6B $979.8M $643.6M $971.3M
Cash and Short Terms $647M $630.9M $394.4M $488.8M $347M
Total Debt $361.6M $249.9M $114.1M $4M $108.8M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders $488.8M -$1.3M -$165.4M -$5.4M $41.8M
Depreciation & Amoritzation $1.4M $1.3M $2.6M $2.6M $13.4M
Stock-Based Compensation $11.4M $13.6M $23.6M $5.4M $2.4M
Change in Accounts Receivable -$100M -$151M $49.2M $132M $63.2M
Change in Inventories -- -- -- -- --
Cash From Operations -$90.1M -$62.6M -$84.5M $145.1M -$43.2M
 
Capital Expenditures $776.8K $2.9M $688.1K $252.3K $129.4M
Cash Acquisitions -- $264.1K -- -- --
Cash From Investing -$71.5M $412.2M $291.7M $300.4M -$174.2M
 
Dividends Paid (Ex Special Dividend) -$38.7M -$148M -$278.6M -- --
Special Dividend Paid
Long-Term Debt Issued $488.3M $239.6M $102M $32.2M --
Long-Term Debt Repaid -$495M -$325.5M -$253.9M -$166.5M -$5.4M
Repurchase of Common Stock -$7.1M -$68.8M -$15.8M -$34.9M -$12.7M
Other Financing Activities -$3.6M -- -- -- --
Cash From Financing -$55.2M -$301.5M -$445.2M -$168.8M -$17.8M
 
Beginning Cash (CF) $557.4M $358.5M $388.6M $181.3M $458.3M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$216.8M $48.1M -$237.9M $276.7M -$235.2M
Ending Cash (CF) $335.4M $404.3M $190.9M $464.9M $221.3M
 
Levered Free Cash Flow -$90.9M -$65.6M -$85.2M $144.8M -$172.7M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Net Income to Stockholders -- -- -- -- --
Depreciation & Amoritzation -- -- -- -- --
Stock-Based Compensation -- -- -- -- --
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -- -- -- -- --
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -- -- -- --
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid $1M -- -- -- --
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing -- -- -- -- --
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -- -- -- -- --
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -- -- -- -- --
Period Ending 2021-06-27 2022-06-27 2023-06-27 2024-06-27
Net Income to Stockholders -- -- -- -- --
Depreciation & Amoritzation -- -- -- -- --
Stock-Based Compensation -- -- -- -- --
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -- -- -- -- --
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -- -- -- --
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing -- -- -- -- --
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -- -- -- -- --
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -- -- -- -- --
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Net Income to Stockholders -- -- -- -- --
Depreciation & Amoritzation -- -- -- -- --
Stock-Based Compensation -- -- -- -- --
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -- -- -- -- --
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -- -- -- --
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid $1M -- -- -- --
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing -- -- -- -- --
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -- -- -- -- --
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -- -- -- -- --

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