Cango (CANG) Long-Term Investments (2017 - 2024)
Cango (CANG) posted quarterly Long-Term Investments of $1.3 million for Q4 2024, down 74.38% year-over-year from $5.1 million in Q1 2024, and down 6.83% quarter-over-quarter from $1.4 million in Q3 2024.
Cango (CANG) Long-Term Investments (2017 - 2024) Analysis & Trends
Cango's Long-Term Investments history runs 8 years deep, the most recent figure standing at $1.3 million for Q4 2024.
- In Q4 2024, Long-Term Investments fell 74.38% year-over-year to $1.3 million; the TTM figure through Dec 2024 stood at $1.3 million (down 74.38% YoY), while the FY2024 annual figure was $1.3 million, down 75.26% from the prior year.
- Long-Term Investments for Q4 2024 stood at $1.3 million, down from $1.4 million in the prior quarter.
- The five-year high for Long-Term Investments was $219.5 million in Q4 2020, with the low at $1.3 million in Q4 2024.
- The 5-year median for Long-Term Investments is $70.7 million (2022), against an average of $89.6 million.
- The sharpest annual moves came in 2020 and 2024: Long-Term Investments soared 141.22% in 2020, then slumped 91.05% in 2024.
- Cango's Long-Term Investments stood at $219.5 million in 2020, then slipped by 26.65% to $161.0 million in 2021, then tumbled by 77.29% to $36.6 million in 2022, then sank by 86.16% to $5.1 million in 2023, then sank by 74.38% to $1.3 million in 2024.
- Business Quant data shows CANG's Long-Term Investments at $1.3 million in Q4 2024, $1.4 million in Q3 2024, and $1.4 million in Q2 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 338.83 Bn | 205.30 Bn | - | - |
| 2 | Goldman Sachs | 316.34 Bn | -660.01 Bn | - | 255.63 Bn |
| 3 | Schwab Charles | 220.55 Bn | 135.80 Bn | - | - |
| 4 | Futu Holdings | 121.48 Bn | 105.59 Bn | 733.58 Mn | 79.10 Mn |
| 5 | Robinhood Markets | 84.07 Bn | 66.74 Bn | 1.20 Bn | - |
| 6 | Iren | 68.17 Bn | 65.95 Bn | 104.86 Mn | 192.00 Mn |
| 7 | ATIF Holdings | 45.42 Bn | 45.42 Bn | - | 31,902.00 |
| 8 | Interactive Brokers | 39.54 Bn | -3.28 Bn | - | - |
| 9 | LPL Financial Holdings | 28.27 Bn | 25.57 Bn | - | - |
| 10 | Cango | 23.23 Mn | -18.01 Mn | 24.17 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 1.30 Mn |
| Sep 30, 2024 | 1.39 Mn |
| Jun 30, 2024 | 1.37 Mn |
| Mar 31, 2024 | 3.08 Mn |
| Dec 31, 2023 | 5.06 Mn |
| Sep 30, 2023 | 8.83 Mn |
| Jun 30, 2023 | 15.29 Mn |
| Mar 31, 2023 | 25.64 Mn |
| Dec 31, 2022 | 36.56 Mn |
| Sep 30, 2022 | 54.23 Mn |
| Jun 30, 2022 | 87.26 Mn |
| Mar 31, 2022 | 128.36 Mn |
| Dec 31, 2021 | 160.99 Mn |
| Sep 30, 2021 | 161.41 Mn |
| Jun 30, 2021 | 183.82 Mn |
| Mar 31, 2021 | 191.54 Mn |
| Dec 31, 2020 | 219.47 Mn |
| Sep 30, 2020 | 190.99 Mn |
| Jun 30, 2020 | 139.49 Mn |
| Mar 31, 2020 | 176.86 Mn |