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 338.83 Bn 205.30 Bn -
2 Goldman Sachs 316.34 Bn -660.01 Bn -
3 Schwab Charles 220.55 Bn 135.80 Bn -
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn
7 ATIF Holdings 45.42 Bn 45.42 Bn -
8 Interactive Brokers 39.54 Bn -3.28 Bn -
9 LPL Financial Holdings 28.27 Bn 25.57 Bn -
10 Cango 23.23 Mn -18.01 Mn 24.17 Mn

Historic Data

Download Data
DateValue
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