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