Cango (CANG) Research & Development (2017 - 2025)

Cango (CANG) has reported Research & Development for 9 consecutive years, with $44785.0 the latest figure, recorded in Q1 2025.

• In Q1 2025, Research & Development fell 70.55% year-over-year to $44785.0; the TTM figure through Mar 2025 stood at $652169.0 (down 79.55% YoY), while the FY2024 annual figure was $748980.0, down 82.34% from the prior year.
• Research & Development came in at $44785.0 for Q1 2025 at Cango, down from $174558.0 in the prior quarter.
• The five-year high for Research & Development was $3.7 million in Q4 2021, with the low at $44785.0 in Q1 2025.
• Average Research & Development over 5 years is $1.3 million, with a median of $1.2 million recorded in 2023.
• Across the five-year window, Research & Development soared 32.64% in 2021 and slumped 87.11% in 2024, its largest moves.
• Year by year, Research & Development stood at $3.7 million in 2021, then sank by 66.98% to $1.2 million in 2022, then dropped by 17.48% to $1.0 million in 2023, then sank by 82.72% to $174558.0 in 2024, then plunged by 74.34% to $44785.0 in 2025.
• According to Business Quant data, Research & Development over the past three periods registered $44785.0, $174558.0, and $202954.0 for Q1 2025, Q4 2024, and Q3 2024 respectively.