Cango (CANG) Asset Utilization Ratio (2018 - 2026)
Cango's (CANG) Asset Utilization Ratio stood at 1.65 in Q2 2026, up 353.7% from 0.36 a year earlier and up 93.3% from the prior quarter.
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Analysis
Cango (CANG) Asset Utilization Ratio (2018 - 2026) Analysis & Trends
For FY2025, Cango's Asset Utilization Ratio came in at 0.71, down 100.0% from FY2024.
- Across earlier years, Asset Utilization Ratio came in at 122114.79 in FY2024, 0.22 in FY2023 (+5.1%), 0.21 in FY2022 (-38.9%) and 0.34 in FY2021 (+70.3%).
- The Q2 2026 figure is the highest quarterly Asset Utilization Ratio in data going back to Q3 2018.
- On a year-over-year basis, Asset Utilization Ratio has increased for six consecutive quarters, with growth averaging 201.8% over the last eight quarters.
- Peak year-over-year performance for Asset Utilization Ratio in the last five years was growth of 740.4% in Q3 2025, against a decline of 85.4% in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.85 (Q1 2026), 0.56 (Q4 2025) and 0.49 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - | 0.23 |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - | 0.42 |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn | 0.63 |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn | 0.06 |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - | 0.18 |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn | 0.26 |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn | 0.16 |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn | 0.01 |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn | 0.58 |
| 10 | Cango | 81.37 Mn | -128,618.41 Bn | 86,491.00 | 1.65 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.65 |
| Mar 31, 2026 | 0.85 |
| Dec 31, 2025 | 0.56 |
| Sep 30, 2025 | 0.49 |
| Jun 30, 2025 | 0.36 |
| Mar 31, 2025 | 0.27 |
| Dec 31, 2024 | 0.15 |
| Sep 30, 2024 | 0.06 |
| Jun 30, 2024 | 0.13 |
| Mar 31, 2024 | 0.26 |
| Dec 31, 2023 | 0.36 |
| Sep 30, 2023 | 0.40 |
| Jun 30, 2023 | 0.34 |
| Mar 31, 2023 | 0.26 |
| Dec 31, 2022 | 0.27 |
| Sep 30, 2022 | 0.31 |
| Jun 30, 2022 | 0.32 |
| Mar 31, 2022 | 0.34 |
| Dec 31, 2021 | 0.35 |
| Sep 30, 2021 | 0.34 |
API Access
Cango Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=CANG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "CANG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=CANG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();