Cango (CANG) Equity Ratio (2017 - 2025)

Cango (CANG) recorded quarterly Equity Ratio of 0.35 in Q4 2025, down 39.58% quarter-over-quarter from 0.58 in Q2 2025, and down 48.81% on a YoY basis from 0.68 in Q4 2024.

Cango (CANG) Equity Ratio (2017 - 2025) Analysis & Trends

Cango's Equity Ratio history runs 9 years deep, the most recent figure standing at 0.35 for Q4 2025.

  • In Q4 2025, Equity Ratio fell 48.81% year-over-year to 0.35; the TTM figure through Dec 2025 stood at 0.35 (down 48.81% YoY), while the FY2025 annual figure was 0.35, down 48.26% from the prior year.
  • Equity Ratio was 0.35 for Q4 2025 at Cango, down from 0.58 in the prior quarter.
  • In the past five years, Equity Ratio ranged from a high of 0.71 in Q2 2023 to a low of 0.35 in Q4 2025.
  • Historically, Equity Ratio has averaged 0.62 across 5 years, with a median of 0.63 in 2021.
  • The sharpest annual moves came in 2024 and 2025: Equity Ratio grew 13.61% in 2024, then sank 48.81% in 2025.
  • A 5-year view of Equity Ratio shows it stood at 0.64 in 2021, then declined by 3.54% to 0.62 in 2022, then retreated by 2.17% to 0.6 in 2023, then rose by 13.61% to 0.68 in 2024, then tumbled by 48.81% to 0.35 in 2025.
  • The last three Equity Ratio figures came in at 0.35 (Q4 2025), 0.58 (Q2 2025), and 0.68 (Q4 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 SOL Strategies 96,012.83 Bn 96,012.83 Bn - -
2 Morgan Stanley 328.23 Bn 194.70 Bn - 0.07
3 Goldman Sachs 313.22 Bn -624.33 Bn - 0.06
4 Schwab Charles 154.90 Bn 109.92 Bn - 0.10
5 Robinhood Markets 75.17 Bn 70.53 Bn 960.00 Mn 0.21
6 Interactive Brokers 38.41 Bn 49.00 Bn - 0.03
7 LPL Financial Holdings 23.13 Bn 22.10 Bn - 0.30
8 Tradeweb Markets 21.12 Bn 19.87 Bn - 0.88
9 Circle Internet 19.75 Bn 18.24 Bn 35.01 Mn 0.04
10 Cango 88.70 Mn 47.45 Mn 24.17 Mn 0.35

Historic Data

Download Data
DateValue
Dec 31, 2025 0.35
Jun 30, 2025 0.58
Dec 31, 2024 0.68
Dec 31, 2023 0.60
Jun 30, 2023 0.71
Mar 31, 2023 0.61
Dec 31, 2022 0.62
Sep 30, 2022 0.70
Jun 30, 2022 0.67
Mar 31, 2022 0.69
Dec 31, 2021 0.64
Sep 30, 2021 0.62
Jun 30, 2021 0.63
Mar 31, 2021 0.62
Dec 31, 2020 0.69
Sep 30, 2020 0.68
Jun 30, 2020 0.66
Mar 31, 2020 0.60
Dec 31, 2019 0.63
Sep 30, 2019 0.68