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
DateValue
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