
ATS, CANG and CNTX have been added to the Zacks Rank #5 (Strong Sell) List on October 13, 2026.
Cango Inc. operates an automotive transaction services platform that connects dealers, original equipment manufacturers, financial institutions, car buyers, and other industry players in the People's Republic of China. The company is headquartered in Shanghai, the People's Republic of China.
| Revenue (TTM) | $556.87M |
| Gross Profit (TTM) | $-30.27M |
| EBITDA | $70.53M |
| Operating Margin | -49.30% |
| Return on Equity | -151.00% |
| Return on Assets | -5.45% |
| Revenue/Share (TTM) | $15.04 |
| Book Value | $3.19 |
| Price-to-Book | 0.63 |
| Price-to-Sales (TTM) | 0.23 |
| EV/Revenue | 0.222 |
| EV/EBITDA | 346.00 |
| Quarterly Earnings Growth (YoY) | 137.30% |
| Quarterly Revenue Growth (YoY) | -33.20% |
| Shares Outstanding | $39.32M |
| Float | $20.52M |
| % Insiders | 14.57% |
| % Institutions | 6.33% |
Volatility is currently expanding

ATS, CANG and CNTX have been added to the Zacks Rank #5 (Strong Sell) List on October 13, 2026.

DALLAS, Sept. 3, 2026 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading Bitcoin miner leveraging its global operations to develop an integrated energy and AI compute platform, today announced that its high-performance computing (HPC) and AI inference subsidiary, EcoHash Technology LLC ("EcoHash"), has completed key operational and commercial milestones for its AI compute business.

DALLAS, Sept. 3, 2026 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company") today announced that it has received written notification from the New York Stock Exchange ("NYSE") confirming that the Company has regained compliance with the NYSE's continued listing standard under Section 802.01C of the NYSE Listed Company Manual regarding the minimum share price requirement.

Cango Inc. (CANG) Q2 2026 Earnings Call Transcript

DALLAS, Aug. 31, 2026 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading Bitcoin miner leveraging its global operations to develop an integrated energy and AI compute platform, today announced its unaudited financial results for the second quarter ended June 30, 2026. Second Quarter of 2026 Financial and Operational Highlights Financial Performance: Even as the broader mining industry weighed on revenue, the Company continued to advance its diversification strategy through EcoHash's commercial progress and disciplined cost management.

DALLAS, Aug. 25, 2026 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading Bitcoin miner leveraging its global operations to develop an integrated energy and AI compute platform, today announced that it plans to release its unaudited financial results for the second quarter ended June 30, 2026 on Monday, August 31, 2026. The earnings release will be available on the Company's investor relations website at http://ir.cangoonline.com.

DALLAS, July 21, 2026 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company") today announced that the share consolidation of its authorized, issued and outstanding Class A ordinary shares and Class B ordinary shares on a 10-for-1 ratio became effective at 5:00 P.M. U.S. Eastern Time on July 20, 2026.

DALLAS, July 10, 2026 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company") today announced that, pursuant to the authorization granted by the Company's shareholders at the extraordinary general meeting held on June 24, 2026, its board of directors has determined the effective date and share consolidation ratio for its previously approved share consolidation. The Company will effect the consolidation of its authorized, issued and outstanding Class A ordinary shares and Class B ordinary shares on a 10-for-1 ratio, whereby every ten shares will be consolidated into one share of the same class.

DRTS, CANG and LAZ have been added to the Zacks Rank #5 (Strong Sell) List on July 2, 2026.

DALLAS, June 24, 2026 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company") today announced the results of its extraordinary general meeting of shareholders ("EGM") held on June 24, 2026. At the EGM, the Company's shareholders approved the following resolutions: An ordinary resolution that the authorized share capital of the Company, comprising both issued and unissued Class A ordinary shares of a par value of US$0.0001 each (the "Class A Ordinary Shares") and Class B ordinary shares of a par value of US$0.0001 each (the "Class B Ordinary Shares", and together with the Class A Ordinary Shares, the "Shares"), be consolidated (the "Share Consolidation") at a share consolidation ratio within a range of no consolidation to a maximum consolidation ratio of 10:1 and at such effective time as the board of directors of the Company (the "Board of Directors") may determine and execute in its sole discretion, within 15 days of the EGM, with such consolidated Shares having the same rights and being subject to the same restrictions (save as to par value) as the existing Shares of such class as set out in the Fifth Amended and Restated Memorandum and Articles of Association (as defined below).
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