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| 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 | 0.19 |
| 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 |