Cango (CANG) Return on Invested Capital [ROIC] (2018 - 2025)
Cango's Return on Invested Capital [ROIC] was -21.28% in Q2 2025, down 20.97 percentage points from -0.30% a year earlier and down 18.81 percentage points from the prior quarter.
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Analysis
Cango (CANG) Return on Invested Capital [ROIC] (2018 - 2025) Analysis & Trends
For FY2024, Return on Invested Capital [ROIC] at Cango came in at 4.04%, up 5.51 percentage points from FY2023.
- Return on Invested Capital [ROIC] shows a five-year change of -0.36 percentage points (FY2019 to FY2024).
- In earlier years, Return on Invested Capital [ROIC] was -1.47% in FY2023 (+4.53 pp), -6.00% in FY2022 (-5.81 pp), -0.18% in FY2021 (-3.86 pp) and 3.67% in FY2020 (-0.73 pp).
- The Q2 2025 figure marks the lowest quarterly Return on Invested Capital [ROIC] in data going back to Q3 2018.
- Compared with a year earlier, Return on Invested Capital [ROIC] was higher in five of the last eight quarters, with an average year-over-year change of +1.76 percentage points.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was Q3 2023 (a gain of 13.42 percentage points); the worst was Q2 2025 (a drop of 20.97 percentage points).
- Per Business Quant data, CANG's Return on Invested Capital [ROIC] in the three quarters before Q2 2025 was -2.47% (Q1 2025), 2.68% (Q4 2024) and 1.45% (Q3 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 48.27 Bn | 5.08 Bn | - | 2.41% |
| 2 | PayPal Holdings | 45.51 Bn | 3.74 Bn | - | 15.87% |
| 3 | Block | 44.67 Bn | 15.93 Bn | 3.17 Bn | 2.04% |
| 4 | Iren | 31.78 Bn | 19.37 Bn | 103.89 Mn | - |
| 5 | Corpay | 25.91 Bn | 16.11 Bn | - | 12.44% |
| 6 | Fiserv | 23.59 Bn | 20.29 Bn | 2.90 Bn | 7.03% |
| 7 | Global Payments | 20.83 Bn | -735.18 Mn | 2.03 Bn | 2.37% |
| 8 | Bitmine Immersion Technologies | 15.23 Bn | 12.61 Bn | 40.81 Mn | - |
| 9 | Guidewire Software | 12.47 Bn | 9.03 Bn | 269.68 Mn | 6.58% |
| 10 | Cango | 94.52 Mn | -128,618.40 Bn | 86,491.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2025 | -21.28% |
| Mar 31, 2025 | -2.47% |
| Dec 31, 2024 | 2.68% |
| Sep 30, 2024 | 1.45% |
| Jun 30, 2024 | -0.30% |
| Mar 31, 2024 | -0.28% |
| Dec 31, 2023 | -0.15% |
| Sep 30, 2023 | 0.00% |
| Jun 30, 2023 | 0.00% |
| Mar 31, 2023 | -8.12% |
| Dec 31, 2022 | -12.16% |
| Sep 30, 2022 | -13.42% |
| Jun 30, 2022 | -9.86% |
| Mar 31, 2022 | -3.62% |
| Dec 31, 2021 | -0.31% |
| Sep 30, 2021 | 3.59% |
| Jun 30, 2021 | 5.57% |
| Mar 31, 2021 | 5.67% |
| Dec 31, 2020 | 3.30% |
| Sep 30, 2020 | 3.04% |
API Access
Cango Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=CANG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "CANG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=CANG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();