Cango (CANG) Research & Development (2017 - 2025)
Historic Research & Development for Cango (CANG) over the last 9 years, with Q1 2025 value amounting to $324991.0.
- Cango's Research & Development fell 7040.44% to $324991.0 in Q1 2025 from the same period last year, while for Mar 2025 it was $4.7 million, marking a year-over-year decrease of 7213.81%. This contributed to the annual value of $748980.0 for FY2024, which is 8209.24% down from last year.
- As of Q1 2025, Cango's Research & Development stood at $324991.0, which was down 7040.44% from $1.3 million recorded in Q4 2024.
- In the past 5 years, Cango's Research & Development registered a high of $23.6 million during Q4 2021, and its lowest value of $324991.0 during Q1 2025.
- Moreover, its 5-year median value for Research & Development was $7.7 million (2023), whereas its average is $8.2 million.
- Its Research & Development has fluctuated over the past 5 years, first tumbled by 9497.46% in 2022, then soared by 2613.82% in 2024.
- Quarter analysis of 5 years shows Cango's Research & Development stood at $23.6 million in 2021, then plummeted by 94.97% to $1.2 million in 2022, then dropped by 14.91% to $1.0 million in 2023, then grew by 26.14% to $1.3 million in 2024, then plummeted by 74.49% to $324991.0 in 2025.
- Its Research & Development was $324991.0 in Q1 2025, compared to $1.3 million in Q4 2024 and $1.4 million in Q3 2024.