Cango (CANG) Payables (2017 - 2025)
Cango (CANG) posted quarterly Payables of $223.0 million for Q2 2025, up 1185.97% on a QoQ basis from $17.3 million in Q4 2024.
Cango (CANG) Payables (2017 - 2025) Analysis & Trends
Cango (CANG) has reported Payables for 9 consecutive years, with $223.0 million the latest figure, recorded in Q2 2025.
- In Q2 2025, Payables changed N/A year-over-year to $223.0 million; the TTM figure through Jun 2025 stood at $223.0 million (changed N/A YoY), while the FY2024 annual figure was $17.3 million, up 213.61% from the prior year.
- Payables came in at $223.0 million for Q2 2025 at Cango, up from $17.3 million in the prior quarter.
- The five-year high for Payables was $223.0 million in Q2 2025, with the low at $3.7 million in Q1 2024.
- Average Payables over 5 years is $67.1 million, with a median of $37.6 million recorded in 2022.
- The largest YoY upside for Payables was 219.62% in 2024 against a maximum downside of 92.37% in 2024.
- Year by year, Payables stood at $90.7 million in 2021, then slumped by 45.84% to $49.1 million in 2022, then sank by 88.95% to $5.4 million in 2023, then jumped by 219.62% to $17.3 million in 2024, then surged by 1185.97% to $223.0 million in 2025.
- According to Business Quant data, Payables over the past three periods registered $223.0 million, $17.3 million, and $3.7 million for Q2 2025, Q4 2024, and Q1 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | 427.97 Bn |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 642.14 Bn |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 40.59 Bn |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | 96.56 Mn |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 522.00 Mn |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 307.68 Mn |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 130.70 Mn |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 262.22 Mn |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | 461.84 Mn |
| 10 | Cango | 9,065.91 | -41.23 Mn | 24.17 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2025 | 223.04 Mn |
| Dec 31, 2024 | 17.34 Mn |
| Mar 31, 2024 | 3.73 Mn |
| Dec 31, 2023 | 5.43 Mn |
| Sep 30, 2023 | 9.55 Mn |
| Jun 30, 2023 | 32.94 Mn |
| Mar 31, 2023 | 48.68 Mn |
| Dec 31, 2022 | 49.11 Mn |
| Sep 30, 2022 | 29.38 Mn |
| Jun 30, 2022 | 37.65 Mn |
| Mar 31, 2022 | 30.43 Mn |
| Dec 31, 2021 | 90.68 Mn |
| Sep 30, 2021 | 153.33 Mn |
| Jun 30, 2021 | 120.57 Mn |
| Mar 31, 2021 | 154.69 Mn |
| Dec 31, 2020 | 53.69 Mn |
| Sep 30, 2020 | 62.46 Mn |
| Jun 30, 2020 | 113.99 Mn |
| Mar 31, 2020 | 168.47 Mn |
| Dec 31, 2019 | 204.27 Mn |