CAN Canaan Inc

  1. Stocks
  2. Technology
  3. NASDAQ: CAN

Price (delayed)

$0.3634

Market cap

$264.64M

P/E Ratio

N/A

Dividend/share

N/A

EPS

-$0.46

Enterprise value

$259.13M

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Relative Growth: Rel. Growth: 33
Relative Strength: Rel. Strength: 22
Relative Valuation: Rel. Valuation: 32
Relative Profitability: Rel. Profitability: 8

Inc. Established in 2013, Canaan Inc., is a technology company focusing on ASIC high-performance computing chip design, chip research and development, computing equipment production, and software services. Canaan has extensive ...

Highlights
Canaan's gross margin has increased by 8% YoY
Canaan's EPS has increased by 48% YoY but it has decreased by 44% from the previous quarter
Canaan's quick ratio has increased by 46% YoY but it has decreased by 23% QoQ
The net income has decreased by 41% QoQ and by 12% YoY
Canaan's debt has increased by 26% YoY and by 7% QoQ
Sector: Technology
Industry: Computer Hardware
Website: http://canaan-creative.com
Peers: NVDA

Key stats

What are the main financial stats of CAN

CAN stock price

How has the Canaan stock price performed over time
Intraday
6.88%
1 week
-3.66%
1 month
18.1%
1 year
-72.47%
YTD
-47.33%
QTD
5.33%

Financial performance

How have Canaan's revenue and profit performed over time
Revenue
$441.31M
Gross profit
-$21.03M
Operating income
-$171.3M
Net income
-$299.13M
Gross margin
-4.8%
Net margin
-67.8%
Canaan's net margin has shrunk by 63% QoQ but it has increased by 12% YoY
CAN's operating margin has plunged by 53% from the previous quarter but it is up by 24% YoY
The net income has decreased by 41% QoQ and by 12% YoY
The operating income has contracted by 33% from the previous quarter but it has grown by 3.3% YoY

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
CAN P/E details
P/E
N/A
P/B
0.86
P/S
0.55
EV/EBIT
N/A
EV/EBITDA
N/A
EV/Sales
0.59
Canaan's EPS has increased by 48% YoY but it has decreased by 44% from the previous quarter
CAN's price to book (P/B) is 26% less than its 5-year quarterly average of 1.1 and 10% less than its last 4 quarters average of 0.9
The equity has contracted by 23% from the previous quarter and by 10% YoY
The P/S is 53% below the 5-year quarterly average of 1.1 and 26% below the last 4 quarters average of 0.7
The revenue has grown by 28% YoY but it has contracted by 13% from the previous quarter

Efficiency

How efficient is Canaan business performance
Canaan's ROS has plunged by 63% from the previous quarter and by 15% YoY
The return on assets has declined by 50% since the previous quarter and by 6% year-on-year
Canaan's ROE has decreased by 44% from the previous quarter but it has increased by 13% YoY
CAN's return on invested capital is down by 42% since the previous quarter and by 3.2% year-on-year

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 191% more than its total liabilities
Canaan's current ratio has soared by 61% YoY but it has decreased by 14% from the previous quarter
Canaan's quick ratio has increased by 46% YoY but it has decreased by 23% QoQ
Canaan's debt is 79% lower than its equity
Canaan's debt to equity has increased by 40% from the previous quarter and by 40% YoY
Canaan's debt has increased by 26% YoY and by 7% QoQ

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