CAN Canaan Inc

  1. Stocks
  2. Technology
  3. NASDAQ: CAN

Price (delayed)

$0.91

Market cap

$229.98M

P/E Ratio

N/A

Dividend/share

N/A

EPS

-$2.41

Enterprise value

$135.26M

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 debt has shrunk by 62% YoY and by 26% QoQ
Canaan's quick ratio has decreased by 46% YoY but it has increased by 33% QoQ
The revenue has plunged by 68% YoY and by 10% from the previous quarter
The equity has contracted by 43% YoY and by 4.2% from the previous quarter
Sector: Technology
Industry: Computer Hardware
Website: https://canaan.io/
Peers: NVDA

Key stats

What are the main financial stats of CAN
Market
Shares outstanding
252.73M
Market cap
$229.98M
Enterprise value
$135.26M
Valuations
Price to earnings (P/E)
N/A
Price to book (P/B)
0.5
Price to sales (P/S)
0.74
EV/EBIT
N/A
EV/EBITDA
N/A
EV/Sales
0.64
Earnings
Revenue
$211.48M
EBIT
-$465.49M
EBITDA
-$403.37M
Free cash flow
-$124.64M
Per share
EPS
-$2.41
Free cash flow per share
-$0.72
Book value per share
$1.83
Revenue per share
$1.22
TBVPS
$2.85
Balance sheet
Total assets
$493.3M
Total liabilities
$145.11M
Debt
$1.43M
Equity
$348.19M
Working capital
$228.49M
Liquidity
Debt to equity
0
Current ratio
2.69
Quick ratio
0.73
Net debt/EBITDA
0.23
Margins
EBITDA margin
-190.7%
Gross margin
-113.9%
Net margin
-195.8%
Operating margin
-194.3%
Efficiency
Return on assets
-77.8%
Return on equity
-98.3%
Return on invested capital
-128.9%
Return on capital employed
-130%
Return on sales
-220.1%
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
-2.15%
1 week
21.33%
1 month
-35.46%
1 year
-63.6%
YTD
-60.61%
QTD
-40.13%

Financial performance

How have Canaan's revenue and profit performed over time
Revenue
$211.48M
Gross profit
-$240.78M
Operating income
-$410.88M
Net income
-$414.15M
Gross margin
-113.9%
Net margin
-195.8%
The revenue has plunged by 68% YoY and by 10% from the previous quarter
Canaan's net margin has decreased by 27% QoQ
The net income has decreased by 14% QoQ
Canaan's gross margin has decreased by 10% QoQ

Growth

What is Canaan's growth rate over time

Valuation

What is Canaan stock price valuation
P/E
N/A
P/B
0.5
P/S
0.74
EV/EBIT
N/A
EV/EBITDA
N/A
EV/Sales
0.64
Canaan's EPS has decreased by 13% from the previous quarter
CAN's price to book (P/B) is 91% less than its 5-year quarterly average of 5.5 and 50% less than its last 4 quarters average of 1.0
The equity has contracted by 43% YoY and by 4.2% from the previous quarter
The P/S is 82% below the 5-year quarterly average of 4.1 and 43% below the last 4 quarters average of 1.3
The revenue has plunged by 68% YoY and by 10% from the previous quarter

Efficiency

How efficient is Canaan business performance
CAN's return on invested capital is down by 31% since the previous quarter
Canaan's ROE has decreased by 31% from the previous quarter
Canaan's ROS has decreased by 24% from the previous quarter
The return on assets has declined by 24% 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 has soared by 88% YoY and by 44% from the previous quarter
Canaan's current ratio has plunged by 64% YoY and by 30% from the previous quarter
Canaan's debt is 100% lower than its equity
Canaan's debt to equity has plunged by 100% from the previous quarter and by 100% YoY
Canaan's debt has shrunk by 62% YoY and by 26% QoQ

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