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
DateValue
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