Cango (CANG) Asset Writedowns and Impairment (2025 - 2026)
Cango (CANG) reported Asset Writedowns and Impairment of $42.86 million for Q2 2026, down 83.2% from $254.39 million a year earlier and down 12.6% from the prior quarter.
Cango (CANG) Asset Writedowns and Impairment (2025 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Cango's Asset Writedowns and Impairment came in at $173.32 million; for FY2025, it came in at $338.28 trillion.
- By year, Asset Writedowns and Impairment came in at $20.94 million in FY2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Coinbase Global | 48.27 Bn | 5.08 Bn | - |
| 2 | PayPal Holdings | 45.51 Bn | 3.74 Bn | - |
| 3 | Block | 44.67 Bn | 15.93 Bn | 3.17 Bn |
| 4 | Iren | 31.78 Bn | 19.37 Bn | 103.89 Mn |
| 5 | Corpay | 25.91 Bn | 16.11 Bn | - |
| 6 | Fiserv | 23.59 Bn | 20.29 Bn | 2.90 Bn |
| 7 | Global Payments | 20.83 Bn | -735.18 Mn | 2.03 Bn |
| 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 |
| 10 | Cango | 94.52 Mn | -128,618.40 Bn | 86,491.00 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 42.86 Mn |
| Mar 31, 2026 | 49.04 Mn |
| Dec 31, 2025 | 81.42 Mn |
| Jun 30, 2025 | 254.39 Mn |
Cango Asset Writedowns and Impairment 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=asset-writedowns-and-impairment&ticker=CANG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-writedowns-and-impairment", "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=asset-writedowns-and-impairment&ticker=CANG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();