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% quarter-over-quarter from $21.6 million in Q1 2023.
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 for Q2 2023 stood at $20.5 million, 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.
- The 5-year median for Goodwill is $21.5 million (2019), against an average of $21.6 million.
- The sharpest annual moves came in 2021 and 2022: Goodwill increased 9.42% in 2021, then fell 10.11% in 2022.
- Cango's Goodwill stood at $20.6 million in 2019, then climbed by 6.35% to $21.9 million in 2020, then gained by 6.22% to $23.3 million in 2021, then decreased by 10.11% to $20.9 million in 2022, then dropped by 1.92% to $20.5 million in 2023.
- Business Quant data shows CANG's Goodwill at $20.5 million in Q2 2023, $21.6 million in Q1 2023, and $20.9 million in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn |
| 10 | Cango | 63.74 Mn | 56.57 Mn | 2.42 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 |