CAN Canaan Inc
Price (delayed)
$1.08
Market cap
$321.8M
P/E Ratio
N/A
Dividend/share
N/A
EPS
-$1.55
Enterprise value
$277.52M
Canaan Creative, known simply as Canaan, is a China-based computer hardware manufacturer. Established in 2013 by N.G. Zhang, Canaan specializes in Blockchain servers and ASIC microprocessors for use in bitcoin
Highlights
Canaan's EPS has increased by 24% from the previous quarter and by 5% YoY
Canaan's gross margin has shrunk by 133% YoY but it has increased by 21% QoQ
CAN's gross profit is down by 27% YoY but it is up by 22% QoQ
The revenue has contracted by 46% YoY
The equity has contracted by 11% YoY and by 8% from the previous quarter
Key stats
What are the main financial stats of CAN
Market
Valuations
Earnings
Shares outstanding
297.96M
Market cap
$321.8M
Enterprise value
$277.52M
Price to earnings (P/E)
N/A
Price to book (P/B)
0.85
Price to sales (P/S)
1.57
EV/EBIT
N/A
EV/EBITDA
N/A
EV/Sales
1.47
Revenue
$189.34M
EBIT
-$342.81M
EBITDA
N/A
Free cash flow
N/A
Per share
Balance sheet
Liquidity
EPS
-$1.55
Free cash flow per share
N/A
Book value per share
$1.27
Revenue per share
$0.69
TBVPS
$1.9
Total assets
$525.54M
Total liabilities
$147.34M
Debt
$22.51M
Equity
$378.2M
Working capital
$219.17M
Debt to equity
0.06
Current ratio
2.88
Quick ratio
0.64
Net debt/EBITDA
N/A
Margins
Efficiency
Dividend
EBITDA margin
N/A
Gross margin
-94.9%
Net margin
-158.7%
Operating margin
-169.4%
Return on assets
-59.6%
Return on equity
-80%
Return on invested capital
-102.9%
Return on capital employed
-83.9%
Return on sales
-181.1%
Dividend yield
N/A
DPS
N/A
Payout ratio
N/A
CAN stock price
How has the Canaan stock price performed over time
Intraday
0%
1 week
18.68%
1 month
25.58%
1 year
-41.94%
YTD
-53.25%
QTD
8.02%
Financial performance
How have Canaan's revenue and profit performed over time
Revenue
$189.34M
Gross profit
-$179.62M
Operating income
-$320.76M
Net income
-$300.39M
Gross margin
-94.9%
Net margin
-158.7%
Canaan's gross margin has shrunk by 133% YoY but it has increased by 21% QoQ
Canaan's net margin has shrunk by 99% YoY but it has increased by 18% QoQ
CAN's operating margin has plunged by 71% YoY but it is up by 18% from the previous quarter
The revenue has contracted by 46% YoY
Growth
What is Canaan's growth rate over time
Valuation
What is Canaan stock price valuation
P/E
N/A
P/B
0.85
P/S
1.57
EV/EBIT
N/A
EV/EBITDA
N/A
EV/Sales
1.47
Canaan's EPS has increased by 24% from the previous quarter and by 5% YoY
CAN's price to book (P/B) is 83% less than its 5-year quarterly average of 5.0 and 15% less than its last 4 quarters average of 1.0
The equity has contracted by 11% YoY and by 8% from the previous quarter
The P/S is 60% below the 5-year quarterly average of 3.9 and 8% below the last 4 quarters average of 1.7
The revenue has contracted by 46% YoY
Efficiency
How efficient is Canaan business performance
Canaan's ROS has plunged by 113% YoY but it has increased by 14% from the previous quarter
Canaan's ROE has plunged by 65% YoY but it has increased by 16% from the previous quarter
CAN's return on invested capital has dropped by 55% year-on-year but it is up by 15% since the previous quarter
The return on assets has declined by 43% year-on-year but it has increased by 18% since the previous quarter
Dividends
What is CAN's dividend
DPS
N/A
Dividend yield
N/A
Payout ratio
N/A
There are no recent dividends present for CAN.
Financial health
How did Canaan financials performed over time
CAN's total liabilities is up by 31% YoY and by 20% from the previous quarter
Canaan's current ratio has decreased by 27% YoY
Canaan's debt is 94% lower than its equity
The equity has contracted by 11% YoY and by 8% from the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.