Liu Rong - Cango Independent Director

CANG Stock  USD 4.46  0.12  2.62%   

Insider

Liu Rong is Independent Director of Cango Inc since 2019.
Age 71
Tenure 5 years
Address New Bund Oriental Plaza II, Shanghai, China, 200124
Phone86 21 3183 5088
Webhttps://ir.cangoonline.com

Cango Management Efficiency

The company has return on total asset (ROA) of 0.0154 % which means that it generated a profit of $0.0154 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0354 %, meaning that it created $0.0354 on every $100 dollars invested by stockholders. Cango's management efficiency ratios could be used to measure how well Cango manages its routine affairs as well as how well it operates its assets and liabilities. The Cango's current Return On Tangible Assets is estimated to increase to -0.0078. The Cango's current Return On Capital Employed is estimated to increase to -0.02. At this time, Cango's Other Assets are most likely to increase significantly in the upcoming years. The Cango's current Other Current Assets is estimated to increase to about 1.9 B, while Non Current Assets Total are projected to decrease to roughly 726.4 M.
Cango Inc currently holds 90.54 M in liabilities with Debt to Equity (D/E) ratio of 0.24, which may suggest the company is not taking enough advantage from borrowing. Cango Inc has a current ratio of 2.5, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Cango's use of debt, we should always consider it together with its cash and equity.

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Cango Inc. operates an automotive transaction service platform that connects dealers, original equipment manufacturer, financial institutions, car buyers, and other industry participants in the Peoples Republic of China. The company was founded in 2010 and is headquartered in Shanghai, the Peoples Republic of China. Cango Inc operates under Auto Truck Dealerships classification in the United States and is traded on New York Stock Exchange. It employs 2351 people. Cango Inc (CANG) is traded on New York Stock Exchange in USA. It is located in New Bund Oriental Plaza II, Shanghai, China, 200124 and employs 632 people. Cango is listed under Automotive Retail category by Fama And French industry classification.

Management Performance

Cango Inc Leadership Team

Elected by the shareholders, the Cango's board of directors comprises two types of representatives: Cango inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Cango. The board's role is to monitor Cango's management team and ensure that shareholders' interests are well served. Cango's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Cango's outside directors are responsible for providing unbiased perspectives on the board's policies.
Ming Chi, Independent Director
Xiaojun Zhang, CoFounder Chairman
Zhang Yongyi, Chief Financial Officer, Director
Zhou Langlang, Director
Yongyi Zhang, CFO Director
Liu Rong, Independent Director
Lin Jiayuan, Chief Executive Officer, Co-Founder, Director
Jiayuan Lin, CoFounder,CEO Director
Zhou Dongsheng, Independent Director
Zhang Xiaojun, Chairman of the Board, Co-Founder
Liu Xiaoyu, Director
Song Zhipeng, Director

Cango Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Cango a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether Cango Inc is a strong investment it is important to analyze Cango's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cango's future performance. For an informed investment choice regarding Cango Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cango Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
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Is Automotive Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cango. If investors know Cango will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cango listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.923
Earnings Share
0.18
Revenue Per Share
2.528
Quarterly Revenue Growth
(0.92)
Return On Assets
0.0154
The market value of Cango Inc is measured differently than its book value, which is the value of Cango that is recorded on the company's balance sheet. Investors also form their own opinion of Cango's value that differs from its market value or its book value, called intrinsic value, which is Cango's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cango's market value can be influenced by many factors that don't directly affect Cango's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cango's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cango is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cango's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.