Cango (CANG) Goodwill (2018 - 2023)
Cango (CANG) posted quarterly Goodwill of $20.5 million for Q2 2023, down 7.63% year-over-year from $22.2 million in Q2 2022, and down 5.29% on a QoQ basis from $21.6 million in Q1 2023.
Cango (CANG) Goodwill (2018 - 2023) Analysis & Trends
Cango (CANG) has reported Goodwill for 6 consecutive years, with $20.5 million the latest figure, recorded in Q2 2023.
- In Q2 2023, Goodwill fell 7.63% year-over-year to $20.5 million; the TTM figure through Jun 2023 stood at $20.5 million (down 7.63% YoY), while the FY2022 annual figure was $20.9 million, down 10.24% from the prior year.
- Goodwill came in at $20.5 million for Q2 2023 at Cango, down from $21.6 million in the prior quarter.
- The five-year high for Goodwill was $23.5 million in Q1 2022, with the low at $20.3 million in Q3 2019.
- Average Goodwill over 5 years is $21.6 million, with a median of $21.5 million recorded in 2019.
- Across the five-year window, Goodwill climbed 9.42% in 2021 and dropped 10.11% in 2022, its largest moves.
- Year by year, Goodwill stood at $20.6 million in 2019, then gained by 6.35% to $21.9 million in 2020, then increased by 6.22% to $23.3 million in 2021, then fell by 10.11% to $20.9 million in 2022, then decreased by 1.92% to $20.5 million in 2023.
- According to Business Quant data, Goodwill over the past three periods registered $20.5 million, $21.6 million, and $20.9 million for Q2 2023, Q1 2023, and Q4 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn |
| 10 | Cango | 9,065.91 | -41.23 Mn | 24.17 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 20.50 Mn |
| Mar 31, 2023 | 21.65 Mn |
| Dec 31, 2022 | 20.90 Mn |
| Sep 30, 2022 | 20.90 Mn |
| Jun 30, 2022 | 22.19 Mn |
| Mar 31, 2022 | 23.45 Mn |
| Dec 31, 2021 | 23.25 Mn |
| Sep 30, 2021 | 23.07 Mn |
| Jun 30, 2021 | 22.47 Mn |
| Mar 31, 2021 | 22.14 Mn |
| Dec 31, 2020 | 21.89 Mn |
| Sep 30, 2020 | 21.37 Mn |
| Jun 30, 2020 | 20.53 Mn |
| Mar 31, 2020 | 20.49 Mn |
| Dec 31, 2019 | 20.58 Mn |
| Sep 30, 2019 | 20.30 Mn |
| Jun 30, 2019 | 21.13 Mn |
| Mar 31, 2019 | 21.62 Mn |
| Dec 31, 2018 | 20.98 Mn |
| Sep 30, 2018 | 21.12 Mn |