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
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 340.80 Mn
Jun 30, 2020 78.06 Mn
Mar 31, 2020 78.24 Mn