CNFinance Holdings (CNF) Asset Utilization Ratio (2018 - 2023)
CNFinance Holdings (CNF) posted Asset Utilization Ratio of 0.17 for Q4 2023, down 9.54% on a QoQ basis from 0.18 in Q3 2023, and down 15.52% year-over-year from 0.2 in Q4 2022.
CNFinance Holdings (CNF) Asset Utilization Ratio (2018 - 2023) Analysis & Trends
CNFinance Holdings' Asset Utilization Ratio history runs 6 years deep, the most recent figure standing at 0.17 for Q4 2023.
- Quarterly Asset Utilization Ratio fell 15.52% year-over-year to 0.17 in Q4 2023, while the trailing twelve-month figure through Dec 2023 was 0.17 (down 15.52% YoY) and the FY2025 annual result came in at 0.07, down 14.32% from the prior year.
- Asset Utilization Ratio was 0.17 for Q4 2023 at CNFinance Holdings, down from 0.18 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.34 in Q3 2019 and bottomed at 0.15 in Q4 2021.
- A 5-year average of 0.22 and a median of 0.19 in 2021 frame the typical range for Asset Utilization Ratio.
- Annual changes were most pronounced in 2020 — Asset Utilization Ratio plunged 38.1% — and 2022, when it soared 31.06%.
- CNFinance Holdings' Asset Utilization Ratio stood at 0.32 in 2019, then sank by 38.1% to 0.2 in 2020, then slipped by 24.83% to 0.15 in 2021, then surged by 31.06% to 0.2 in 2022, then retreated by 15.52% to 0.17 in 2023.
- Business Quant data shows CNF's Asset Utilization Ratio at 0.17 in Q4 2023, 0.18 in Q3 2023, and 0.18 in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 38.33 Bn | 35.64 Bn | - | 0.14 |
| 2 | Federal National Mortgage Association Fannie Mae | 35.67 Bn | 35.67 Bn | - | 0.01 |
| 3 | Federal Home Loan Mortgage | 18.11 Bn | 13.64 Bn | - | 0.01 |
| 4 | PennyMac Financial Services | 4.41 Bn | 3.76 Bn | 523.89 Mn | 0.04 |
| 5 | CNFinance Holdings | 3.28 Bn | 3.20 Bn | - | - |
| 6 | Walker & Dunlop | 1.64 Bn | 1.44 Bn | - | 0.23 |
| 7 | Velocity Financial | 681.36 Mn | -6.51 Bn | - | -0.05 |
| 8 | UWM Holdings | 540.43 Mn | 116.43 Mn | - | 0.19 |
| 9 | Better Home & Finance Holding | 362.34 Mn | 298.07 Mn | - | 0.09 |
| 10 | Onity | 340.51 Mn | 215.81 Mn | - | 0.02 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 0.17 |
| Sep 30, 2023 | 0.18 |
| Jun 30, 2023 | 0.18 |
| Mar 31, 2023 | 0.19 |
| Dec 31, 2022 | 0.20 |
| Sep 30, 2022 | 0.16 |
| Jun 30, 2022 | 0.17 |
| Mar 31, 2022 | 0.16 |
| Dec 31, 2021 | 0.15 |
| Sep 30, 2021 | 0.17 |
| Jun 30, 2021 | 0.18 |
| Mar 31, 2021 | 0.19 |
| Dec 31, 2020 | 0.20 |
| 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 |