Cango (CANG) Goodwill (2018 - 2023)
Cango (CANG) recorded quarterly Goodwill of $20.5 million in Q2 2023, down 5.29% quarter-over-quarter from $21.6 million in Q1 2023, and down 7.63% on a YoY basis from $22.2 million in Q2 2022.
Cango (CANG) Goodwill (2018 - 2023) Analysis & Trends
Cango's Goodwill history runs 6 years deep, the most recent figure standing at $20.5 million for 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 was $20.5 million for Q2 2023 at Cango, down from $21.6 million in the prior quarter.
- In the past five years, Goodwill ranged from a high of $23.5 million in Q1 2022 to a low of $20.3 million in Q3 2019.
- Historically, Goodwill has averaged $21.6 million across 5 years, with a median of $21.5 million in 2019.
- The sharpest annual moves came in 2021 and 2022: Goodwill rose 9.42% in 2021, then retreated 10.11% in 2022.
- A 5-year view of Goodwill shows it stood at $20.6 million in 2019, then grew by 6.35% to $21.9 million in 2020, then advanced by 6.22% to $23.3 million in 2021, then slipped by 10.11% to $20.9 million in 2022, then declined by 1.92% to $20.5 million in 2023.
- The last three Goodwill figures came in at $20.5 million (Q2 2023), $21.6 million (Q1 2023), and $20.9 million (Q4 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | SOL Strategies | 96,012.83 Bn | 96,012.83 Bn | - |
| 2 | Morgan Stanley | 328.23 Bn | 194.70 Bn | - |
| 3 | Goldman Sachs | 313.22 Bn | -624.33 Bn | - |
| 4 | Schwab Charles | 154.90 Bn | 109.92 Bn | - |
| 5 | Robinhood Markets | 75.17 Bn | 70.53 Bn | 960.00 Mn |
| 6 | Interactive Brokers | 38.41 Bn | 49.00 Bn | - |
| 7 | LPL Financial Holdings | 23.13 Bn | 22.10 Bn | - |
| 8 | Tradeweb Markets | 21.12 Bn | 19.87 Bn | - |
| 9 | Circle Internet | 19.75 Bn | 18.24 Bn | 35.01 Mn |
| 10 | Cango | 88.70 Mn | 47.45 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 |