Financhill
Buy
76

CANG Quote, Financials, Valuation and Earnings

Last price:
$5.01
Seasonality move :
-1.37%
Day range:
$4.45 - $5.58
52-week range:
$0.96 - $9.66
Dividend yield:
0%
P/E ratio:
18.37x
P/S ratio:
13.35x
P/B ratio:
0.93x
Volume:
2.4M
Avg. volume:
968.7K
1-year change:
405%
Market cap:
$527M
Revenue:
$240.6M
EPS (TTM):
$0.28
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Revenue $208.5M $297.4M $607.4M $294.8M $240.6M
Revenue Growth (YoY) 26.28% 42.65% 104.23% -51.46% -18.4%
 
Cost of Revenues $78.1M $159.1M $458.1M $272.5M $213.7M
Gross Profit $130.4M $138.3M $149.3M $22.4M $26.9M
Gross Profit Margin 62.55% 46.5% 24.57% 7.59% 11.17%
 
R&D Expenses $8.3M $9.1M $10.9M $6.8M $4.3M
Selling, General & Admin $62.2M $66.9M $79.8M $64.4M $27.7M
Other Inc / (Exp) $13M $486.4M -$1.8M $4.5M -$16.5M
Operating Expenses $78.3M $87M $147.4M $161.1M $13.2M
Operating Income $52.1M $51.3M $1.9M -$138.7M $13.7M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items $70.6M $542.4M $1.9M -$130.2M $7.9M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $12M $53.6M $3.2M $35.2M $13.2M
Net Income to Company $58.6M $488.8M -$1.3M -$165.4M -$5.4M
 
Minority Interest in Earnings -$2M -$565.5K -- -- --
Net Income to Common Excl Extra Items $56.6M $488.3M -$1.3M -$165.4M -$5.4M
 
Basic EPS (Cont. Ops) $0.37 $3.25 -$0.01 -$1.21 -$0.05
Diluted EPS (Cont. Ops) $0.37 $3.21 -$0.01 -$1.21 -$0.05
Weighted Average Basic Share $151.2M $150.2M $144.9M $137M $121.5M
Weighted Average Diluted Share $151.6M $152M $144.9M $137M $121.5M
 
EBITDA $74.1M $544.2M $5.5M -$125.1M $11.1M
EBIT $72.6M $542.8M $4.1M -$127.7M $8.4M
 
Revenue (Reported) $208.5M $297.4M $607.4M $294.8M $240.6M
Operating Income (Reported) $52.1M $51.3M $1.9M -$138.7M $13.7M
Operating Income (Adjusted) $72.6M $542.8M $4.1M -$127.7M $8.4M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue $62.8M $123.6M $60.8M $48.9M $3.8M
Revenue Growth (YoY) 25.47% 96.8% -50.83% -19.61% -92.3%
 
Cost of Revenues $26.1M $94.3M $56.7M $42.1M $3.2M
Gross Profit $36.7M $29.4M $4.1M $6.8M $515.8K
Gross Profit Margin 58.42% 23.75% 6.66% 13.86% 13.7%
 
R&D Expenses $2M $2.7M $1.5M $966K $198.9K
Selling, General & Admin $13.6M $17.1M $11.1M $6.2M $6.8M
Other Inc / (Exp) $264.9M -$65.2M $1.6M -$16.6M $511.2K
Operating Expenses $17.3M $35.4M $32.1M -$1.6M -$4.4M
Operating Income $19.4M -$6M -$28.1M $8.4M $4.9M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items $285.6M -$70.2M -$24.8M -$5.6M $9M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $30.1M -$5.9M -$5.7M $1.2M -$452.4K
Net Income to Company -- -- -- -- --
 
Minority Interest in Earnings -$37K -- -- -- --
Net Income to Common Excl Extra Items $255.5M -$64.3M -$19M -$6.8M $9.5M
 
Basic EPS (Cont. Ops) $1.71 -$0.44 -$0.14 -$0.06 $0.09
Diluted EPS (Cont. Ops) $1.70 -$0.44 -$0.14 -$0.06 $0.08
Weighted Average Basic Share $149.7M $144.5M $136.4M $109.6M $103.5M
Weighted Average Diluted Share $150.2M $144.5M $136.4M $109.6M $113.9M
 
EBITDA $285.7M -$68.9M -$24.3M -$5.5M $9M
EBIT $285.7M -$68.9M -$24.3M -$5.5M $9M
 
Revenue (Reported) $62.8M $123.6M $60.8M $48.9M $3.8M
Operating Income (Reported) $19.4M -$6M -$28.1M $8.4M $4.9M
Operating Income (Adjusted) $285.7M -$68.9M -$24.3M -$5.5M $9M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue $193.6M $608.9M $392.6M $293M $37.1M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $75.9M $430M $343.7M $267.9M $26.4M
Gross Profit $117.7M $178.9M $48.9M $25.1M $10.7M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $8.3M $10.7M $9.4M $4.4M $1.6M
Selling, General & Admin $60.9M $78.4M $77.7M $32.8M $25.5M
Other Inc / (Exp) $275.2M $187.8M $44.2M -$14.4M -$259.2K
Operating Expenses $83.9M $123M $179.3M $38M -$10.2M
Operating Income $33.8M $56M -$130.4M -$12.9M $20.9M
 
Net Interest Expenses -- $1.1M $251.9K -- --
EBT. Incl. Unusual Items $312.9M $242.7M -$86.5M -$17.9M $34M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $36.2M $26.3M -$22.2M $50.8M $14.4M
Net Income to Company -- -- -- -- --
 
Minority Interest in Earnings -$1.7M -- -- -- --
Net Income to Common Excl Extra Items $274.9M $216.4M -$64.3M -$68.7M $19.6M
 
Basic EPS (Cont. Ops) $1.86 $1.45 -$0.47 -$0.48 $0.31
Diluted EPS (Cont. Ops) $1.85 $1.42 -$0.47 -$0.49 $0.28
Weighted Average Basic Share -- -- -- -- --
Weighted Average Diluted Share -- -- -- -- --
 
EBITDA $313.2M $244.1M -$83.9M -$16.6M $34M
EBIT $313.2M $244.1M -$83.9M -$16.6M $34M
 
Revenue (Reported) $193.6M $608.9M $392.6M $293M $37.1M
Operating Income (Reported) $33.8M $56M -$130.4M -$12.9M $20.9M
Operating Income (Adjusted) $313.2M $244.1M -$83.9M -$16.6M $34M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue $136.7M $443.4M $228.5M $224.5M $19M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $53.6M $320.8M $206.1M $200.2M $11M
Gross Profit $83.1M $122.6M $22.4M $24.3M $8M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $5.7M $7.2M $5.7M $3.3M $584.6K
Selling, General & Admin $43.7M $54.9M $52.7M $20.8M $18.6M
Other Inc / (Exp) $268M -$38.6M $5.1M -$14M $1.8M
Operating Expenses $65.9M $101.9M $133.8M $9.6M -$13.8M
Operating Income $17.2M $20.6M -$111.4M $14.7M $21.8M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items $293.5M -$15.1M -$104M $8.5M $34.2M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $33M $5.1M -$20.3M -$1.3M $166.8K
Net Income to Company -- -- -- -- --
 
Minority Interest in Earnings -$559.2K -- -- -- --
Net Income to Common Excl Extra Items $259.9M -$20.2M -$83.7M $9.9M $34M
 
Basic EPS (Cont. Ops) $1.77 -$0.13 -$0.61 $0.10 $0.44
Diluted EPS (Cont. Ops) $1.76 -$0.15 -$0.61 $0.09 $0.41
Weighted Average Basic Share $300.5M $438.5M $413.3M $310.9M $261M
Weighted Average Diluted Share $301.1M $442.3M $413.3M $319M $283.5M
 
EBITDA $293.8M -$13.7M -$102.2M $9.1M $34.2M
EBIT $293.8M -$13.7M -$102.2M $9.1M $34.2M
 
Revenue (Reported) $136.7M $443.4M $228.5M $224.5M $19M
Operating Income (Reported) $17.2M $20.6M -$111.4M $14.7M $21.8M
Operating Income (Adjusted) $293.8M -$13.7M -$102.2M $9.1M $34.2M
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Cash and Equivalents $286.2M $218.4M $225.1M $54.9M $144M
Short Term Investments $85.4M $664.6M $407.7M $281.4M $89.6M
Accounts Receivable, Net $21.2M $21.7M $35.1M $38.7M $9.1M
Inventory -- -- -- -- --
Prepaid Expenses $2.5M $66.7M $120.9M -- --
Other Current Assets $3M $12.1M $23.6M $196.7M $11.1M
Total Current Assets $791.9M $1.4B $1.2B $792.9M $547.9M
 
Property Plant And Equipment $2.1M $1.6M $3.1M $13.8M $7.8M
Long-Term Investments $78.3M -- -- -- --
Goodwill $20.7M $22.2M $23.3M $21.5M --
Other Intangibles $6.4M $6.9M $7.2M $7M $6.8M
Other Long-Term Assets $126.1M $174.5M $176.6M $109.8M $83M
Total Assets $1.2B $1.9B $1.7B $1B $655.8M
 
Accounts Payable $1.2M $779.2K $628.2K $3.6M $3.4M
Accrued Expenses $1M $898K $1.8M $904.3K $604.5K
Current Portion Of Long-Term Debt $329.2M $188.1M $147.2M $81.9M $130.7K
Current Portion Of Capital Lease Obligations -- -- -- $1.4M $1.1M
Other Current Liabilities $42.1M $74.7M $118.4M $63M $22.4M
Total Current Liabilities $415.8M $376.1M $536.2M $366.8M $109.7M
 
Long-Term Debt $43.1M $149.7M $76.3M $11M $100.5K
Capital Leases -- -- -- -- --
Total Liabilities $463.8M $577.2M $620.7M $390.5M $117.3M
 
Common Stock $29.2K $31.3K $32.1K $29.6K $28.8K
Other Common Equity Adj $17.1M -$17.7M -$29.4M $9.6M $15.8M
Common Equity $782.9M $1.3B $1.1B $626.4M $538.5M
Total Preferred Equity -- -- -- -- --
Minority Interest, Total $2M -- -- -- --
Total Equity $784.9M $1.3B $1.1B $626.4M $538.5M
 
Total Liabilities and Equity $1.2B $1.9B $1.7B $1B $655.8M
Cash and Short Terms $371.5M $883.1M $632.8M $336.3M $233.6M
Total Debt $372.3M $392.2M $333.8M $161.4M $5.7M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Cash and Equivalents $208.5M $140.1M $104.5M $91.2M $98.7M
Short Term Investments $167M $554.5M $378.6M $333.6M $439.6M
Accounts Receivable, Net $15.2M $28.9M $18.3M $17M $3.6M
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- -- --
Other Current Assets $40.6M $106.8M $120.7M $37M $4.3M
Total Current Assets $739.3M $1.2B $856.8M $551.7M $563.9M
 
Property Plant And Equipment $1.9M $3.1M $2.2M $11.4M $7M
Long-Term Investments $339M -- -- -- --
Goodwill $21.3M $23M $20.9M -- --
Other Intangibles $6.6M $7.1M $6.6M $6.6M --
Other Long-Term Assets $153.7M $188M $114.2M $82.3M $66.4M
Total Assets $1.5B $1.7B $1.2B $686.5M $645.6M
 
Accounts Payable -- -- -- -- --
Accrued Expenses $33M $72.8M $60.1M $34.3M $18.7M
Current Portion Of Long-Term Debt -- -- -- $11.8M $92.6K
Current Portion Of Capital Lease Obligations -- -- -- $1.4M $1.1M
Other Current Liabilities $53.2M $104.9M $67.9M $20.8M $4.8M
Total Current Liabilities $337.6M $544M $306M $133.5M $72M
 
Long-Term Debt $103.5M $98.7M $17.6M $200.8K $67.1K
Capital Leases -- -- -- -- --
Total Liabilities $476.2M $662.3M $350.1M $144.4M $79.3M
 
Common Stock $29.9K $31.6K $28.7K $28K $29.1K
Other Common Equity Adj $5.5M -$23.7M $15.6M $20M $14.1M
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $1B $1.1B $827.1M $542.1M $566.4M
 
Total Liabilities and Equity $1.5B $1.7B $1.2B $686.5M $645.6M
Cash and Short Terms $375.5M $694.5M $483.2M $424.8M $538.3M
Total Debt $349M $407.5M $149.4M $12M $159.7K
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Net Income to Stockholders $58.6M $488.8M -$1.3M -$165.4M -$5.4M
Depreciation & Amoritzation $1.5M $1.4M $1.3M $2.6M $2.6M
Stock-Based Compensation $11.9M $11.4M $13.6M $23.6M $5.4M
Change in Accounts Receivable -$10.6M -$100M -$151M $49.2M $132M
Change in Inventories -- -- -- -- --
Cash From Operations $61.2M -$90.1M -$62.6M -$84.5M $145.1M
 
Capital Expenditures $6.2M $776.8K $2.9M $688.1K $252.3K
Cash Acquisitions $14.5K -- $264.1K -- --
Cash From Investing -$173.5M -$71.5M $412.2M $291.7M $300.4M
 
Dividends Paid (Ex Special Dividend) -$37.2M -$38.7M -$148M -$278.6M --
Special Dividend Paid
Long-Term Debt Issued $390.2M $488.3M $239.6M $102M $32.2M
Long-Term Debt Repaid -$244.2M -$495M -$325.5M -$253.9M -$166.5M
Repurchase of Common Stock -$3M -$7.1M -$68.8M -$15.8M -$34.9M
Other Financing Activities -$83.1K -$3.6M -- -- --
Cash From Financing $105.8M -$55.2M -$301.5M -$445.2M -$168.8M
 
Beginning Cash (CF) $561.8M $557.4M $358.5M $388.6M $181.3M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$6.5M -$216.8M $48.1M -$237.9M $276.7M
Ending Cash (CF) $556.9M $335.4M $404.3M $190.9M $464.9M
 
Levered Free Cash Flow $55M -$90.9M -$65.6M -$85.2M $144.8M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
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 2020-12-23 2021-12-23 2022-12-23 2023-12-23
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 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
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 $250K $1M $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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