Cango Return On Equity vs. Return On Asset
| CANG Stock | USD 3.24 0.12 3.57% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter (0.01) | Current Value (0.01) | Quarterly Volatility 0.13162772 |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.12 | 0.13 |
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For Cango profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Cango to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Cango Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Cango's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Cango Inc over time as well as its relative position and ranking within its peers.
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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 | Quarterly Revenue Growth (0.92) | Return On Assets |
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.
Cango Inc Return On Asset vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Cango's current stock value. Our valuation model uses many indicators to compare Cango value to that of its competitors to determine the firm's financial worth. Cango Inc is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about 0.44 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Cango Inc is roughly 2.30 . At this time, Cango's Return On Equity is most likely to increase slightly in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value Cango by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Cango Return On Asset vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
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| = | 0.0354 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
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| = | 0.0154 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Cango Return On Asset Comparison
Cango is currently under evaluation in return on asset category among its peers.
Cango Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Cango, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Cango will eventually generate negative long term returns. The profitability progress is the general direction of Cango's change in net profit over the period of time. It can combine multiple indicators of Cango, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 100.7 M | 105.7 M | |
| Net Interest Income | 76.3 M | 45.5 M | |
| Interest Income | 86.9 M | 57.8 M | |
| Operating Income | -66.4 M | -63.1 M | |
| Net Loss | -443.7 M | -421.5 M | |
| Income Before Tax | 50 M | 47.5 M | |
| Total Other Income Expense Net | 148.7 M | 141.3 M | |
| Net Loss | -1 B | -950.1 M | |
| Net Loss | -34.1 M | -32.4 M | |
| Income Tax Expense | 107.5 M | 146.5 M | |
| Change To Netincome | -56.5 M | -59.3 M | |
| Net Loss | (0.18) | (0.17) | |
| Income Quality | (31.15) | (29.60) | |
| Net Loss | (0.78) | (0.74) |
Cango Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Cango. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Cango position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Cango's important profitability drivers and their relationship over time.
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To fully project Cango's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Cango Inc at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Cango's income statement, its balance sheet, and the statement of cash flows.