CNFinance Holdings (CNF) Asset Utilization Ratio (2018 - 2023)

CNFinance Holdings (CNF) reported Asset Utilization Ratio of 0.17 for Q4 2023, down 14.6% on a YoY basis from 0.19 in Q4 2022, and down 9.62% quarter-over-quarter from 0.18 in Q3 2023.

CNFinance Holdings (CNF) Asset Utilization Ratio (2018 - 2023) Analysis & Trends

CNFinance Holdings has reported Asset Utilization Ratio for 6 years, with the latest figure at 0.17 in Q4 2023.

  • For the quarter ending Q4 2023, Asset Utilization Ratio fell 14.6% year-over-year to 0.17; the trailing twelve-month figure through Dec 2023 stood at 0.17 (down 14.6% YoY), and the FY2025 full-year result was 0.03, down 175.77% from the prior year.
  • Asset Utilization Ratio for Q4 2023 stood at 0.17, down from 0.18 in the prior quarter.
  • The five-year high for Asset Utilization Ratio was 0.36 in Q3 2019, with the low at 0.15 in Q4 2021.
  • Historically, Asset Utilization Ratio has averaged 0.23 across 5 years, with a median of 0.19 in 2022.
  • Annual changes were most pronounced in 2020 — Asset Utilization Ratio plunged 34.91% — and 2022, when it soared 30.36%.
  • CNFinance Holdings' Asset Utilization Ratio stood at 0.34 in 2019, then sank by 34.91% to 0.22 in 2020, then slumped by 33.46% to 0.15 in 2021, then jumped by 30.36% to 0.19 in 2022, then decreased by 14.6% to 0.17 in 2023.
  • The last three Asset Utilization Ratio figures came in at 0.17 (Q4 2023), 0.18 (Q3 2023), and 0.18 (Q2 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Rocket Companies 34.85 Bn 32.16 Bn - 0.14
2 PennyMac Financial Services 4.14 Bn 3.65 Bn 523.89 Mn 0.10
3 Walker & Dunlop 1.73 Bn 1.55 Bn - 0.23
4 UWM Holdings 743.45 Mn 1.57 Bn - 0.19
5 Velocity Financial 668.42 Mn 583.96 Mn - -
6 CNFinance Holdings 591.78 Mn 542.97 Mn - -
7 Better Home & Finance Holding 419.52 Mn 349.24 Mn - -0.01
8 Onity 306.24 Mn 306.24 Mn - 0.06
9 loanDepot 209.70 Mn -4.79 Mn - 0.17
10 Greystone Housing Impact Investors 120.06 Mn 120.06 Mn - 0.05

Historic Data

Download Data
DateValue
Dec 31, 2023 0.17
Sep 30, 2023 0.18
Jun 30, 2023 0.18
Mar 31, 2023 0.19
Dec 31, 2022 0.19
Sep 30, 2022 0.16
Jun 30, 2022 0.17
Mar 31, 2022 0.16
Dec 31, 2021 0.15
Sep 30, 2021 0.18
Jun 30, 2021 0.19
Mar 31, 2021 0.20
Dec 31, 2020 0.22
Sep 30, 2020 0.25
Jun 30, 2020 0.27
Mar 31, 2020 0.30
Dec 31, 2019 0.34
Sep 30, 2019 0.36
Jun 30, 2019 0.34
Mar 31, 2019 0.34