Cango (CANG) Minority Interest (2017 - 2020)

Cango (CANG) posted quarterly Minority Interest of $29924.0 for Q2 2020, down 87.98% year-over-year from $248932.0 in Q3 2019, and little changed on a QoQ basis from $29858.0 in Q1 2020.

Cango (CANG) Minority Interest (2017 - 2020) Analysis & Trends

Cango (CANG) has reported Minority Interest for 4 consecutive years, with $29924.0 the latest figure, recorded in Q2 2020.

  • In Q2 2020, Minority Interest fell 87.98% year-over-year to $29924.0; the TTM figure through Jun 2020 stood at $29924.0 (down 87.98% YoY), while the FY2019 annual figure was $2.0 million, up 279.44% from the prior year.
  • Minority Interest came in at $29924.0 for Q2 2020 at Cango, roughly flat from $29858.0 in the prior quarter.
  • The five-year high for Minority Interest was $3.9 million in Q4 2017, with the low at -$209687.0 in Q1 2019.
  • Average Minority Interest over 4 years is $1.0 million, with a median of $648750.9 recorded in 2018.
  • Across the five-year window, Minority Interest jumped 276.9% in 2019 and tumbled 87.98% in 2020, its largest moves.
  • Year by year, Minority Interest stood at $3.9 million in 2017, then tumbled by 86.66% to $519895.8 in 2018, then surged by 276.9% to $2.0 million in 2019, then plunged by 98.47% to $29924.0 in 2020.
  • According to Business Quant data, Minority Interest over the past three periods registered $29924.0, $29858.0, and $2.0 million for Q2 2020, Q1 2020, and Q4 2019 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, 2020 29,924.00
Mar 31, 2020 29,858.00
Dec 31, 2019 1.96 Mn
Sep 30, 2019 777,606.00
Jun 30, 2019 248,932.00
Mar 31, 2019 -209,687.00
Dec 31, 2018 519,895.78
Sep 30, 2018 1.22 Mn
Jun 30, 2018 2.00 Mn
Dec 31, 2017 3.90 Mn