Cango (CANG) Equity Average (2018 - 2023)

Cango (CANG) recorded quarterly Equity Average of $573.9 million in Q2 2023, down 4.73% quarter-over-quarter from $602.4 million in Q1 2023, and down 41.3% on a YoY basis from $977.6 million in Q2 2022.

Cango (CANG) Equity Average (2018 - 2023) Analysis & Trends

Cango's Equity Average history runs 6 years deep, the most recent figure standing at $573.9 million for Q2 2023.

  • In Q2 2023, Equity Average fell 41.3% year-over-year to $573.9 million; the TTM figure through Jun 2023 stood at $573.9 million (down 41.3% YoY), while the FY2025 annual figure was $475.5 million, down 12.49% from the prior year.
  • Equity Average was $573.9 million for Q2 2023 at Cango, down from $602.4 million in the prior quarter.
  • In the past five years, Equity Average ranged from a high of $1.2 billion in Q1 2021 to a low of $573.9 million in Q2 2023.
  • Historically, Equity Average has averaged $883.5 million across 5 years, with a median of $814.5 million in 2022.
  • The sharpest annual moves came in 2019 and 2023: Equity Average jumped 127.23% in 2019, then slumped 44.55% in 2023.
  • A 5-year view of Equity Average shows it stood at $765.4 million in 2019, then jumped by 49.28% to $1.1 billion in 2020, then fell by 4.94% to $1.1 billion in 2021, then slumped by 33.89% to $718.1 million in 2022, then slipped by 20.08% to $573.9 million in 2023.
  • The last three Equity Average figures came in at $573.9 million (Q2 2023), $602.4 million (Q1 2023), and $718.1 million (Q4 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Avg. (Qtr)
1 SOL Strategies 96,012.83 Bn 96,012.83 Bn - -
2 Morgan Stanley 328.23 Bn 194.70 Bn - 113.51 Bn
3 Goldman Sachs 313.22 Bn -624.33 Bn - 123.88 Bn
4 Schwab Charles 154.90 Bn 109.92 Bn - 49.33 Bn
5 Robinhood Markets 75.17 Bn 70.53 Bn 960.00 Mn 9.42 Bn
6 Interactive Brokers 38.41 Bn 49.00 Bn - 13.03 Bn
7 LPL Financial Holdings 23.13 Bn 22.10 Bn - 5.52 Bn
8 Tradeweb Markets 21.12 Bn 19.87 Bn - 7.25 Bn
9 Circle Internet 19.75 Bn 18.24 Bn 35.01 Mn 3.38 Bn
10 Cango 88.70 Mn 47.45 Mn 24.17 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2023 573.91 Mn
Mar 31, 2023 602.41 Mn
Dec 31, 2022 718.10 Mn
Sep 30, 2022 852.21 Mn
Jun 30, 2022 977.62 Mn
Mar 31, 2022 1.09 Bn
Dec 31, 2021 1.09 Bn
Sep 30, 2021 1.11 Bn
Jun 30, 2021 1.10 Bn
Mar 31, 2021 1.16 Bn
Dec 31, 2020 1.14 Bn
Sep 30, 2020 883.07 Mn
Jun 30, 2020 759.68 Mn
Mar 31, 2020 776.88 Mn
Dec 31, 2019 765.39 Mn
Sep 30, 2019 754.08 Mn
Jun 30, 2019 773.13 Mn
Mar 31, 2019 774.89 Mn
Dec 31, 2018 758.13 Mn
Sep 30, 2018 331.86 Mn