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
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