CNFinance Holdings (CNF) Asset Utilization Ratio (2018 - 2023)
CNFinance Holdings' (CNF) quarterly Asset Utilization Ratio came in at 0.15 in Q4 2023, down 0.78% YoY from 0.15 in Q4 2022, and down 2.43% on a QoQ basis from 0.15 in Q3 2023.
CNFinance Holdings (CNF) Asset Utilization Ratio (2018 - 2023) Analysis & Trends
CNFinance Holdings (CNF) has 6 years of Asset Utilization Ratio data on file, last reported at 0.15 in Q4 2023.
- Quarterly Asset Utilization Ratio fell 0.78% year-over-year to 0.15 in Q4 2023, while the trailing twelve-month figure through Dec 2023 was 0.15 (down 0.78% YoY) and the FY2025 annual result came in at 0.07, down 28.71% from the prior year.
- Asset Utilization Ratio retreated to 0.15 in Q4 2023, from 0.15 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.34 in Q3 2019 to a low of 0.11 in Q3 2022.
- A 5-year average of 0.2 and a median of 0.16 in 2021 frame the typical range for Asset Utilization Ratio.
- Annual changes were most pronounced in 2020 — Asset Utilization Ratio sank 42.61% — and 2023, when it surged 39.04%.
- Tracing CNF's Asset Utilization Ratio over 5 years: stood at 0.32 in 2019, then slumped by 42.61% to 0.18 in 2020, then tumbled by 36.41% to 0.12 in 2021, then climbed by 29.47% to 0.15 in 2022, then decreased by 0.78% to 0.15 in 2023.
- The last three Asset Utilization Ratio figures came in at 0.15 (Q4 2023), 0.15 (Q3 2023), and 0.14 (Q2 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 39.38 Bn | 36.28 Bn | - | 0.17 |
| 2 | Federal National Mortgage Association Fannie Mae | 36.73 Bn | 36.73 Bn | - | 0.01 |
| 3 | Federal Home Loan Mortgage | 18.50 Bn | 14.18 Bn | - | 0.01 |
| 4 | PennyMac Financial Services | 3.89 Bn | 3.15 Bn | 480.08 Mn | 0.07 |
| 5 | CNFinance Holdings | 1.52 Bn | 1.45 Bn | - | - |
| 6 | Walker & Dunlop | 1.34 Bn | 1.18 Bn | - | 0.23 |
| 7 | Velocity Financial | 707.60 Mn | -6.75 Bn | - | -0.04 |
| 8 | UWM Holdings | 474.22 Mn | -24.18 Mn | - | 0.19 |
| 9 | Onity | 301.56 Mn | 105.26 Mn | - | 0.08 |
| 10 | loanDepot | 205.54 Mn | -105.60 Mn | - | 0.18 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 0.15 |
| Sep 30, 2023 | 0.15 |
| Jun 30, 2023 | 0.14 |
| Mar 31, 2023 | 0.14 |
| Dec 31, 2022 | 0.15 |
| Sep 30, 2022 | 0.11 |
| Jun 30, 2022 | 0.13 |
| Mar 31, 2022 | 0.12 |
| Dec 31, 2021 | 0.12 |
| Sep 30, 2021 | 0.16 |
| Jun 30, 2021 | 0.16 |
| Mar 31, 2021 | 0.17 |
| Dec 31, 2020 | 0.18 |
| Sep 30, 2020 | 0.22 |
| Jun 30, 2020 | 0.25 |
| Mar 31, 2020 | 0.28 |
| Dec 31, 2019 | 0.32 |
| Sep 30, 2019 | 0.34 |
| Jun 30, 2019 | 0.33 |
| Mar 31, 2019 | 0.33 |