Cango (CANG) Short-term Investments (2017 - 2024)

Cango (CANG) recorded quarterly Short-term Investments of $40.7 million in Q4 2024, down 90.74% quarter-over-quarter from $439.3 million in Q3 2024, and down 82.45% on a YoY basis from $231.9 million in Q1 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 was $40.7 million for Q4 2024 at Cango, down from $439.3 million in the prior quarter.
  • In the past five years, Short-term Investments ranged from a high of $655.2 million in Q4 2020 to a low of $40.7 million in Q4 2024.
  • Historically, Short-term Investments has averaged $314.7 million across 5 years, with a median of $305.8 million in 2022.
  • The sharpest annual moves came in 2020 and 2024: Short-term Investments surged 673.22% in 2020, then sank 82.45% in 2024.
  • A 5-year view of Short-term Investments shows it stood at $655.2 million in 2020, then plunged by 66.24% to $221.2 million in 2021, then rose by 23.41% to $273.0 million in 2022, then dropped by 15.03% to $231.9 million in 2023, then tumbled by 82.45% to $40.7 million in 2024.
  • The last three Short-term Investments figures came in at $40.7 million (Q4 2024), $439.3 million (Q3 2024), and $376.5 million (Q2 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 SOL Strategies 96,012.83 Bn 96,012.83 Bn -
2 Morgan Stanley 328.23 Bn 194.70 Bn -
3 Goldman Sachs 313.22 Bn -624.33 Bn -
4 Schwab Charles 154.90 Bn 109.92 Bn -
5 Robinhood Markets 75.17 Bn 70.53 Bn 960.00 Mn
6 Interactive Brokers 38.41 Bn 49.00 Bn -
7 LPL Financial Holdings 23.13 Bn 22.10 Bn -
8 Tradeweb Markets 21.12 Bn 19.87 Bn -
9 Circle Internet 19.75 Bn 18.24 Bn 35.01 Mn
10 Cango 88.70 Mn 47.45 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 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
Mar 31, 2020 104.72 Mn