Newegg Commerce (NEGG) Long-Term Investments (2017 - 2023)
Newegg Commerce (NEGG) posted Long-Term Investments of $2.2 million for Q4 2023, little changed sequentially from $2.2 million in Q3 2023, and down 80.0% YoY from $11.3 million in Q4 2022.
Newegg Commerce (NEGG) Long-Term Investments (2017 - 2023) Analysis & Trends
Newegg Commerce has reported Long-Term Investments for 6 years, with the latest figure at $2.2 million in Q4 2023.
- Quarterly Long-Term Investments fell 80.0% year-over-year to $2.2 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $2.2 million (down 80.0% YoY) and the FY2023 annual result came in at $2.2 million, down 80.0% from the prior year.
- Long-Term Investments steadied at $2.2 million in Q4 2023 per NEGG's latest filing, from $2.2 million in the prior quarter.
- Over five years, Long-Term Investments peaked at $11.2 billion in Q3 2022 and troughed at $821739.0 in Q2 2019.
- A 5-year average of $1.0 billion and a median of $11.2 million in 2022 frame the typical range for Long-Term Investments.
- The sharpest annual moves came in 2022 and 2023: Long-Term Investments jumped 74900.0% in 2022, then plunged 99.98% in 2023.
- Over 5 years, Long-Term Investments stood at $821739.0 in 2019, then surged by 1725.4% to $15.0 million in 2020, then slumped by 86.67% to $2.0 million in 2021, then jumped by 462.5% to $11.2 million in 2022, then tumbled by 80.0% to $2.2 million in 2023.
- According to Business Quant data, Long-Term Investments over the past three periods registered $2.2 million, $2.2 million, and $5.6 million for Q4 2023, Q3 2023, and Q2 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,931.64 Bn | 2,808.66 Bn | 198.88 Bn | - |
| 2 | PDD Holdings | 506.17 Bn | 446.63 Bn | 9.83 Bn | - |
| 3 | Mercadolibre | 98.29 Bn | 83.09 Bn | 4.16 Bn | 1.72 Bn |
| 4 | DoorDash | 92.11 Bn | 86.76 Bn | 2.35 Bn | 869.00 Mn |
| 5 | JD.com | 87.50 Bn | 58.32 Bn | 7.66 Bn | 7.37 Bn |
| 6 | Sea | 78.22 Bn | 69.70 Bn | 3.15 Bn | 2.17 Bn |
| 7 | Ebay | 47.18 Bn | 43.87 Bn | 2.30 Bn | 2.32 Bn |
| 8 | Coupang | 29.74 Bn | 23.63 Bn | 2.49 Bn | - |
| 9 | Zkh | 16.36 Bn | 16.36 Bn | 51.11 Mn | - |
| 10 | Newegg Commerce | 383,976.26 | -108.26 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 2.25 Mn |
| Sep 30, 2023 | 2.25 Mn |
| Jun 30, 2023 | 5.63 Mn |
| Dec 31, 2022 | 11.25 Mn |
| Sep 30, 2022 | 11.25 Bn |
| Jun 30, 2022 | 11.25 Mn |
| Dec 31, 2021 | 2.00 Mn |
| Sep 30, 2021 | 15.00 Mn |
| Jun 30, 2021 | 15.00 Mn |
| Dec 31, 2020 | 15.00 Mn |
| Jun 30, 2019 | 821,739.00 |
| Dec 31, 2017 | 1.50 Mn |