Cango (CANG) Research & Development (2017 - 2025)
Cango has reported Research & Development over the past 9 years, most recently at $44785.0 for Q1 2025.
- For Q1 2025, Research & Development fell 70.55% year-over-year to $44785.0; the TTM value through Mar 2025 reached $652169.0, down 79.55%, while the annual FY2024 figure was $748980.0, 82.34% down from the prior year.
- Research & Development for Q1 2025 was $44785.0 at Cango, down from $174558.0 in the prior quarter.
- Over five years, Research & Development peaked at $3.7 million in Q4 2021 and troughed at $44785.0 in Q1 2025.
- A 5-year average of $1.3 million and a median of $1.2 million in 2023 define the central range for Research & Development.
- Biggest five-year swings in Research & Development: soared 32.64% in 2021 and later crashed 87.11% in 2024.
- Year by year, Research & Development stood at $3.7 million in 2021, then crashed by 66.98% to $1.2 million in 2022, then fell by 17.48% to $1.0 million in 2023, then plummeted by 82.72% to $174558.0 in 2024, then crashed by 74.34% to $44785.0 in 2025.
- Business Quant data shows Research & Development for CANG at $44785.0 in Q1 2025, $174558.0 in Q4 2024, and $202954.0 in Q3 2024.