58.com Inc. (WUBA)’s Financial Results Comparing With Cango Inc. (NYSE:CANG)

This is a contrast between 58.com Inc. (NYSE:WUBA) and Cango Inc. (NYSE:CANG) based on their dividends, analyst recommendations, institutional ownership, profitability, risk, earnings and valuation. The two companies are Internet Information Providers and they also compete with each other.

Earnings & Valuation

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
58.com Inc. N/A 0.00 N/A 2.00 31.65
Cango Inc. N/A 0.00 N/A 0.26 32.72

We can see in table 1 the earnings per share, top-line revenue and valuation of 58.com Inc. and Cango Inc. Company that currently has a lower price-to-earnings ratio means that it is the more affordable of the two businesses. 58.com Inc. is thus currently the affordable of the two stocks because it has a lower price-to-earnings ratio.

Profitability

Table 2 demonstrates the return on assets, net margins and return on equity of 58.com Inc. and Cango Inc.

Net Margins Return on Equity Return on Assets
58.com Inc. 0.00% 9.8% 6.7%
Cango Inc. 0.00% 105.4% 6%

Liquidity

The Current Ratio and a Quick Ratio of 58.com Inc. are 1.2 and 1.2. Competitively, Cango Inc. has 5.6 and 5.6 for Current and Quick Ratio. Cango Inc.’s better ability to pay short and long-term obligations than 58.com Inc.

Analyst Ratings

58.com Inc. and Cango Inc. Recommendations and Ratings are available on the next table.

Sell Ratings Hold Ratings Buy Ratings Rating Score
58.com Inc. 0 0 3 3.00
Cango Inc. 0 0 0 0.00

58.com Inc.’s upside potential currently stands at 35.68% and an $82.33 average price target.

Institutional & Insider Ownership

Institutional investors held 74% of 58.com Inc. shares and 29.7% of Cango Inc. shares. About 4.78% of 58.com Inc.’s share are held by insiders.

Performance

In this table we provide the Weekly, Monthly, Quarterly, Half Yearly, Yearly and YTD Performance of both pretenders.

Performance (W) Performance (M) Performance (Q) Performance (HY) Performance (Y) Performance (YTD)
58.com Inc. -14.46% -0.17% 7.82% -17.3% -14.98% 16.75%
Cango Inc. -15.02% 22.1% -6.15% -22.36% 0% 7.56%

For the past year 58.com Inc.’s stock price has bigger growth than Cango Inc.

58.com Inc. operates online classifieds and listing platforms that enable local merchants and consumers to connect, share information, and conduct business in China. It primarily operates online multi-content category-classified advertising platforms under the 58 and Ganji names; and Anjuke, an online real estate listing platform. The companyÂ’s platform contains local information of approximately 500 cities or towns in various content categories, including jobs, real estate, used goods, automotive, and yellow pages. It offers membership services, such as merchant certification and listing benefits, as well as display of online storefronts; and online marketing services comprising listing services, such as real-time bidding and priority listing, as well as marketing services through collaboration with third party Internet companies. 58.com Inc. was founded in 2005 and is headquartered in Beijing, the PeopleÂ’s Republic of China.

Cango Inc. operates an automotive transaction service platform that connects dealers, financial institutions, car buyers, and other industry participants in the People's Republic of China. It facilitates automotive financing services that include facilitating financing transactions from financial institutions to car buyers; automotive transactions between automotive wholesalers, dealers, and car buyers; and after-market services to car buyers. The company was founded in 2010 and is headquartered in Shanghai, the People's Republic of China.

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