Cango (CANG) Short-term Investments (2017 - 2024)
Cango (CANG) posted quarterly Short-term Investments of $40.7 million for Q4 2024, down 82.45% year-over-year from $231.9 million in Q1 2024, and down 90.74% quarter-over-quarter from $439.3 million in Q3 2024.
Cango (CANG) Short-term Investments (2017 - 2024) Analysis & Trends
Cango's Short-term Investments history runs 8 years deep, the most recent figure standing at $40.7 million for Q4 2024.
- In Q4 2024, Short-term Investments fell 82.45% year-over-year to $40.7 million; the TTM figure through Dec 2024 stood at $40.7 million (down 82.45% YoY), while the FY2024 annual figure was $40.1 million, down 83.05% from the prior year.
- Short-term Investments for Q4 2024 stood at $40.7 million, down from $439.3 million in the prior quarter.
- The five-year high for Short-term Investments was $655.2 million in Q4 2020, with the low at $40.7 million in Q4 2024.
- The 5-year median for Short-term Investments is $318.8 million (2022), against an average of $324.0 million.
- The sharpest annual moves came in 2020 and 2024: Short-term Investments jumped 673.22% in 2020, then plunged 82.45% in 2024.
- Cango's Short-term Investments stood at $655.2 million in 2020, then sank by 37.96% to $406.5 million in 2021, then plunged by 32.85% to $273.0 million in 2022, then slipped by 15.03% to $231.9 million in 2023, then slumped by 82.45% to $40.7 million in 2024.
- Business Quant data shows CANG's Short-term Investments at $40.7 million in Q4 2024, $439.3 million in Q3 2024, and $376.5 million in Q2 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn |
| 10 | Cango | 63.74 Mn | 56.57 Mn | 2.42 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 40.70 Mn |
| Sep 30, 2024 | 439.30 Mn |
| Jun 30, 2024 | 376.48 Mn |
| Mar 31, 2024 | 321.64 Mn |
| Dec 31, 2023 | 231.94 Mn |
| Sep 30, 2023 | 333.63 Mn |
| Jun 30, 2023 | 283.49 Mn |
| Mar 31, 2023 | 293.80 Mn |
| Dec 31, 2022 | 272.97 Mn |
| Sep 30, 2022 | 379.28 Mn |
| Jun 30, 2022 | 315.95 Mn |
| Mar 31, 2022 | 295.63 Mn |
| Dec 31, 2021 | 406.50 Mn |
| Sep 30, 2021 | 556.88 Mn |
| Jun 30, 2021 | 484.34 Mn |
| Mar 31, 2021 | 401.04 Mn |
| Dec 31, 2020 | 655.23 Mn |
| Sep 30, 2020 | 167.94 Mn |
| Jun 30, 2020 | 118.19 Mn |
| Mar 31, 2020 | 104.72 Mn |