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
DateValue
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