CAN Canaan Inc

  1. Stocks
  2. Technology
  3. NASDAQ: CAN

Price (delayed)

$0.3831

Market cap

$265.89M

P/E Ratio

N/A

Dividend/share

N/A

EPS

-$0.34

Enterprise value

$278.99M

?
Relative Growth: Rel. Growth: 59
Relative Strength: Rel. Strength: 6
Relative Valuation: Rel. Valuation: 36
Relative Profitability: Rel. Profitability: 18

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 quick ratio has surged by 109% YoY
Canaan's EPS has soared by 67% YoY and by 24% from the previous quarter
CAN's gross profit has soared by 138% YoY but it has shrunk by 57% QoQ
Canaan's gross margin has surged by 124% YoY but it has shrunk by 55% QoQ
Canaan's debt has increased by 20% YoY and by 3% QoQ
Sector: Technology
Industry: Computer Hardware
Website: https://canaan.io/
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
2%
1 week
-6.9%
1 month
-29.06%
1 year
-38.52%
YTD
-44.48%
QTD
-11.28%

Financial performance

How have Canaan's revenue and profit performed over time
Revenue
$509.65M
Gross profit
$17.61M
Operating income
-$128.91M
Net income
-$212.58M
Gross margin
3.5%
Net margin
-41.7%
CAN's gross profit has soared by 138% YoY but it has shrunk by 57% QoQ
Canaan's gross margin has surged by 124% YoY but it has shrunk by 55% QoQ
The revenue has soared by 61% YoY but it has contracted by 3.8% from the previous quarter
CAN's operating margin has soared by 59% YoY but it is down by 19% 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
CAN P/E details
P/E
N/A
P/B
0.67
P/S
0.52
EV/EBIT
N/A
EV/EBITDA
N/A
EV/Sales
0.55
Canaan's EPS has soared by 67% YoY and by 24% from the previous quarter
The equity has soared by 56% YoY but it has contracted by 13% from the previous quarter
CAN's price to book (P/B) is 50% less than its 5-year quarterly average of 1.3 and 28% less than its last 4 quarters average of 0.9
The P/S is 64% below the 5-year quarterly average of 1.4 and 36% below the last 4 quarters average of 0.8
The revenue has soared by 61% YoY but it has contracted by 3.8% from the previous quarter

Efficiency

How efficient is Canaan business performance
Canaan's ROS has increased by 45% YoY but it has decreased by 5% from the previous quarter
Canaan's ROE has increased by 43% YoY and by 8% from the previous quarter
The return on assets has increased by 38% year-on-year but it has declined by 2.6% since the previous quarter
CAN's return on invested capital is up by 36% year-on-year and by 13% 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 current ratio has soared by 123% YoY
Canaan's quick ratio has surged by 109% YoY
Canaan's debt is 85% lower than its equity
The equity has soared by 56% YoY but it has contracted by 13% from the previous quarter
Canaan's debt to equity has decreased by 21% YoY but it has increased by 15% from the previous quarter

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