Cango (CANG) Asset Writedowns and Impairment (2021 - 2025)
Cango (CANG) posted quarterly Asset Writedowns and Impairment of $81.4 million for Q4 2025, down 67.99% on a QoQ basis from $254.4 million in Q2 2025.
Cango (CANG) Asset Writedowns and Impairment (2021 - 2025) Analysis & Trends
Cango (CANG) has reported Asset Writedowns and Impairment for 3 consecutive years, with $81.4 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Asset Writedowns and Impairment changed N/A year-over-year to $81.4 million; the TTM figure through Dec 2025 stood at $344.5 million (changed N/A YoY), while the FY2025 annual figure was $338.3 million, up 47463.08% from the prior year.
- Asset Writedowns and Impairment came in at $81.4 million for Q4 2025 at Cango, down from $254.4 million in the prior quarter.
- The five-year high for Asset Writedowns and Impairment was $254.4 million in Q2 2025, with the low at $8.7 million in Q4 2022.
- Average Asset Writedowns and Impairment over 3 years is $88.4 million, with a median of $45.3 million recorded in 2021.
- The largest YoY upside for Asset Writedowns and Impairment was 4.98% in 2022 against a maximum downside of 4.98% in 2022.
- Year by year, Asset Writedowns and Impairment stood at $9.2 million in 2021, then fell by 4.98% to $8.7 million in 2022, then jumped by 832.17% to $81.4 million in 2025.
- According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $81.4 million, $254.4 million, and $8.7 million for Q4 2025, Q2 2025, and Q4 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn |
| 10 | Cango | 9,065.91 | -41.23 Mn | 24.17 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 81.42 Mn |
| Dec 31, 2025 | 81.42 Mn |
| Sep 30, 2025 | 255.65 Mn |
| Sep 30, 2025 | 255.65 Mn |
| Jun 30, 2025 | 254.39 Mn |
| Jun 30, 2025 | 254.39 Mn |
| Dec 31, 2022 | 8.73 Mn |
| Dec 31, 2022 | 8.73 Mn |
| Dec 31, 2021 | 9.19 Mn |
| Dec 31, 2021 | 9.19 Mn |