Cango (CANG) Equity Ratio (2017 - 2025)
Cango (CANG) posted quarterly Equity Ratio of 0.35 for Q4 2025, down 48.81% year-over-year from 0.68 in Q4 2024, and down 39.58% on a QoQ basis from 0.58 in Q2 2025.
Cango (CANG) Equity Ratio (2017 - 2025) Analysis & Trends
Cango (CANG) has reported Equity Ratio for 9 consecutive years, with 0.35 the latest figure, recorded in 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 came in at 0.35 for Q4 2025 at Cango, down from 0.58 in the prior quarter.
- The five-year high for Equity Ratio was 0.71 in Q2 2023, with the low at 0.35 in Q4 2025.
- Average Equity Ratio over 5 years is 0.62, with a median of 0.63 recorded in 2021.
- Across the five-year window, Equity Ratio gained 13.61% in 2024 and slumped 48.81% in 2025, its largest moves.
- Year by year, Equity Ratio stood at 0.64 in 2021, then decreased by 3.54% to 0.62 in 2022, then dropped by 2.17% to 0.6 in 2023, then climbed by 13.61% to 0.68 in 2024, then plunged by 48.81% to 0.35 in 2025.
- According to Business Quant data, Equity Ratio over the past three periods registered 0.35, 0.58, and 0.68 for Q4 2025, Q2 2025, and Q4 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | 0.07 |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 0.06 |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 0.10 |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | 0.18 |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 0.21 |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 0.30 |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 0.88 |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 0.04 |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | 0.37 |
| 10 | Cango | 9,065.91 | -41.23 Mn | 24.17 Mn | 0.35 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.35 |
| Dec 31, 2024 | 0.68 |
| Dec 31, 2023 | 0.60 |
| Dec 31, 2022 | 0.62 |
| Dec 31, 2021 | 0.64 |
| Dec 31, 2020 | 0.69 |
| Dec 31, 2019 | 0.63 |
| Dec 31, 2018 | 0.72 |
| Dec 31, 2017 | -1.34 |