Cango (CANG) Long-Term Investments (2017 - 2024)

Cango (CANG) has reported Long-Term Investments for 8 consecutive years, with $2.9 million the latest figure, recorded in Q4 2024.

• In Q4 2024, Long-Term Investments fell 89.66% year-over-year to $2.9 million; the TTM figure through Dec 2024 stood at $2.9 million (down 89.66% YoY), while the FY2024 annual figure was $2.8 million, down 90.01% from the prior year.
• Long-Term Investments came in at $2.9 million for Q4 2024 at Cango, down from $6.7 million in the prior quarter.
• The five-year high for Long-Term Investments was $284.8 million in Q1 2021, with the low at $2.9 million in Q4 2024.
• Average Long-Term Investments over 5 years is $139.5 million, with a median of $149.3 million recorded in 2021.
• Across the five-year window, Long-Term Investments jumped 255.96% in 2020 and plunged 89.66% in 2024, its largest moves.
• Year by year, Long-Term Investments stood at $219.5 million in 2020, then retreated by 26.65% to $161.0 million in 2021, then slumped by 30.18% to $112.4 million in 2022, then tumbled by 75.23% to $27.8 million in 2023, then slumped by 89.66% to $2.9 million in 2024.
• According to Business Quant data, Long-Term Investments over the past three periods registered $2.9 million, $6.7 million, and $10.8 million for Q4 2024, Q3 2024, and Q2 2024 respectively.