Cango (CANG) Short-term Investments (2017 - 2025)

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% on a QoQ basis from $439.3 million in Q3 2024.

Cango (CANG) Short-term Investments (2017 - 2025) Analysis & Trends

Cango (CANG) has reported Short-term Investments for 8 consecutive years, with $40.7 million the latest figure, recorded in 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 came in at $40.7 million for Q4 2024 at Cango, 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.
  • Average Short-term Investments over 5 years is $314.7 million, with a median of $305.8 million recorded in 2022.
  • Across the five-year window, Short-term Investments surged 673.22% in 2020 and slumped 82.45% in 2024, its largest moves.
  • Year by year, Short-term Investments stood at $655.2 million in 2020, then sank by 66.24% to $221.2 million in 2021, then climbed by 23.41% to $273.0 million in 2022, then retreated by 15.03% to $231.9 million in 2023, then plunged by 82.45% to $40.7 million in 2024.
  • According to Business Quant data, Short-term Investments over the past three periods registered $40.7 million, $439.3 million, and $376.5 million for Q4 2024, Q3 2024, and Q2 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn -
2 Goldman Sachs 309.79 Bn -627.76 Bn -
3 Schwab Charles 167.21 Bn 122.24 Bn -
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn -
7 Tradeweb Markets 21.59 Bn 20.34 Bn -
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn
10 Cango 9,065.91 -41.23 Mn 24.17 Mn

Historic Data

Download Data
DateValue
Jun 30, 2025 128.62 Mn
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 221.19 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