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
DateValue
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