Cango (CANG) Long-Term Investments (2017 - 2024)
Cango (CANG) recorded quarterly Long-Term Investments of $1.3 million in Q4 2024, down 6.83% quarter-over-quarter from $1.4 million in Q3 2024, and down 74.38% on a YoY basis from $5.1 million in Q1 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 was $1.3 million for Q4 2024 at Cango, down from $1.4 million in the prior quarter.
- In the past five years, Long-Term Investments ranged from a high of $340.8 million in Q3 2020 to a low of $1.3 million in Q4 2024.
- Historically, Long-Term Investments has averaged $89.1 million across 5 years, with a median of $66.1 million in 2020.
- The sharpest annual moves came in 2020 and 2024: Long-Term Investments jumped 325.1% in 2020, then tumbled 91.05% in 2024.
- A 5-year view of Long-Term Investments shows it stood at $219.5 million in 2020, then dropped by 26.65% to $161.0 million in 2021, then plunged by 77.29% to $36.6 million in 2022, then slumped by 86.16% to $5.1 million in 2023, then slumped by 74.38% to $1.3 million in 2024.
- The last three Long-Term Investments figures came in at $1.3 million (Q4 2024), $1.4 million (Q3 2024), and $1.4 million (Q2 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 96,012.83 Bn | 96,012.83 Bn | - | 356,421.89 |
| 2 | Morgan Stanley | 328.23 Bn | 194.70 Bn | - | - |
| 3 | Goldman Sachs | 313.22 Bn | -624.33 Bn | - | 25.73 Bn |
| 4 | Schwab Charles | 154.90 Bn | 109.92 Bn | - | - |
| 5 | Robinhood Markets | 75.17 Bn | 70.53 Bn | 960.00 Mn | - |
| 6 | Interactive Brokers | 38.41 Bn | 49.00 Bn | - | - |
| 7 | LPL Financial Holdings | 23.13 Bn | 22.10 Bn | - | - |
| 8 | Tradeweb Markets | 21.12 Bn | 19.87 Bn | - | 296.16 Mn |
| 9 | Circle Internet | 19.75 Bn | 18.24 Bn | 35.01 Mn | 100.10 Mn |
| 10 | Cango | 88.70 Mn | 47.45 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 | 340.80 Mn |
| Jun 30, 2020 | 78.06 Mn |
| Mar 31, 2020 | 78.24 Mn |