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| Date | Value |
|---|---|
| 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 |