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CAN Canaan Inc

Price (delayed)

$0.6231

Market cap

$220.83M

P/E Ratio

N/A

Dividend/share

N/A

EPS

-$1.02

Enterprise value

$171.28M

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 gross margin has surged by 88% YoY and by 53% QoQ
CAN's gross profit has soared by 80% YoY and by 45% QoQ
Canaan's EPS has soared by 50% YoY but it has decreased by 11% from the previous quarter
Canaan's quick ratio has decreased by 34% QoQ but it has increased by 8% YoY
Canaan's debt has surged by 76% QoQ
The equity has contracted by 41% YoY and by 8% from the previous quarter

Key stats

What are the main financial stats of CAN
Market
Shares outstanding
354.41M
Market cap
$220.83M
Enterprise value
$171.28M
Valuations
Price to earnings (P/E)
N/A
Price to book (P/B)
0.79
Price to sales (P/S)
0.63
EV/EBIT
N/A
EV/EBITDA
N/A
EV/Sales
0.54
Earnings
Revenue
$317.01M
Gross profit
-$46.35M
Operating income
-$196.71M
Net income
-$296.79M
EBIT
-$218.53M
EBITDA
N/A
Free cash flow
N/A
Per share
EPS
-$1.02
EPS diluted
-$1.02
Free cash flow per share
N/A
Book value per share
$0.79
Revenue per share
$0.98
TBVPS
$1.75
Balance sheet
Total assets
$565.55M
Total liabilities
$320.92M
Debt
$47.22M
Equity
$244.64M
Working capital
$145.29M
Liquidity
Debt to equity
0.19
Current ratio
1.5
Quick ratio
0.55
Net debt/EBITDA
N/A
Margins
EBITDA margin
N/A
Gross margin
-14.6%
Net margin
-93.6%
Operating margin
-62.1%
Efficiency
Return on assets
-57.7%
Return on equity
-98.5%
Return on invested capital
-78.9%
Return on capital employed
-79.3%
Return on sales
-68.9%
Dividend
Dividend yield
N/A
DPS
N/A
Payout ratio
N/A

CAN stock price

How has the Canaan stock price performed over time
Intraday
2.08%
1 week
-5.4%
1 month
-9.37%
1 year
-35.5%
YTD
-69.6%
QTD
-29.02%

Financial performance

How have Canaan's revenue and profit performed over time
Revenue
$317.01M
Gross profit
-$46.35M
Operating income
-$196.71M
Net income
-$296.79M
Gross margin
-14.6%
Net margin
-93.6%
Canaan's gross margin has surged by 88% YoY and by 53% QoQ
CAN's gross profit has soared by 80% YoY and by 45% QoQ
CAN's operating margin has soared by 70% YoY and by 26% from the previous quarter
The revenue has soared by 66% YoY and by 18% from the previous quarter

Price vs fundamentals

How does CAN's price correlate with its fundamentals

Growth

What is Canaan's growth rate over time

Valuation

What is Canaan stock price valuation
P/E
N/A
P/B
0.79
P/S
0.63
EV/EBIT
N/A
EV/EBITDA
N/A
EV/Sales
0.54
Canaan's EPS has soared by 50% YoY but it has decreased by 11% from the previous quarter
CAN's price to book (P/B) is 81% less than its 5-year quarterly average of 4.2 and 39% less than its last 4 quarters average of 1.3
The equity has contracted by 41% YoY and by 8% from the previous quarter
The P/S is 83% below the 5-year quarterly average of 3.6 and 55% below the last 4 quarters average of 1.4
The revenue has soared by 66% YoY and by 18% from the previous quarter

Efficiency

How efficient is Canaan business performance
Canaan's ROS has soared by 68% YoY but it has decreased by 8% from the previous quarter
CAN's return on invested capital is down by 44% since the previous quarter but it is up by 37% year-on-year
Canaan's ROE has decreased by 35% from the previous quarter and by 3.4% YoY
The return on assets has increased by 21% year-on-year but it has declined by 17% 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
Canaan's total assets is 76% more than its total liabilities
CAN's total liabilities has soared by 162% YoY and by 63% from the previous quarter
Canaan's current ratio has decreased by 48% YoY and by 20% from the previous quarter
Canaan's debt is 81% lower than its equity
Canaan's debt to equity has soared by 90% from the previous quarter
Canaan's debt has surged by 76% QoQ

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.