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
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