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 | 338.83 Bn | 205.30 Bn | - |
| 2 | Goldman Sachs | 316.34 Bn | -660.01 Bn | - |
| 3 | Schwab Charles | 220.55 Bn | 135.80 Bn | - |
| 4 | Futu Holdings | 121.48 Bn | 105.59 Bn | 733.58 Mn |
| 5 | Robinhood Markets | 84.07 Bn | 66.74 Bn | 1.20 Bn |
| 6 | Iren | 68.17 Bn | 65.95 Bn | 104.86 Mn |
| 7 | ATIF Holdings | 45.42 Bn | 45.42 Bn | - |
| 8 | Interactive Brokers | 39.54 Bn | -3.28 Bn | - |
| 9 | LPL Financial Holdings | 28.27 Bn | 25.57 Bn | - |
| 10 | Cango | 23.23 Mn | -18.01 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 |