$0.92
1.48%
Downside
Day's Volatility :4.47%
Upside
3.04%
21.74%
Downside
52 Weeks Volatility :79.43%
Upside
73.71%
Period | Canaan Inc | Sector (Technology) | Index (Russel 2000) |
---|---|---|---|
3 Months | -11.03% | -5.4% | 0.0% |
6 Months | -39.31% | -3.1% | 0.0% |
1 Year | -52.02% | 18.3% | 0.0% |
3 Years | -90.43% | 27.9% | -22.3% |
Market Capitalization | 271.7M |
Book Value | $1.31 |
Earnings Per Share (EPS) | -1.51 |
Wall Street Target Price | 3.0 |
Profit Margin | -164.87% |
Operating Margin TTM | 60.5% |
Return On Assets TTM | -38.25% |
Return On Equity TTM | -85.88% |
Revenue TTM | 209.5M |
Revenue Per Share TTM | 0.93 |
Quarterly Revenue Growth YOY | 97.39999999999999% |
Gross Profit TTM | 1.5B |
EBITDA | -252.9M |
Diluted Eps TTM | -1.51 |
Quarterly Earnings Growth YOY | -0.92 |
EPS Estimate Current Year | -0.04 |
EPS Estimate Next Year | -0.02 |
EPS Estimate Current Quarter | 0.0 |
EPS Estimate Next Quarter | 0.0 |
What analysts predicted
Upside of 226.09%
FY18 | Y/Y Change | |
---|---|---|
Revenue | 392.7M | ↑ 106.81% |
Net Income | 17.8M | ↓ 67.42% |
Net Profit Margin | 4.53% | ↓ 24.2% |
FY19 | Y/Y Change | |
---|---|---|
Revenue | 29.0M | ↓ 92.48% |
Net Income | -15.6M | ↓ 189.2% |
Net Profit Margin | -53.71% | ↓ 58.24% |
FY20 | Y/Y Change | |
---|---|---|
Revenue | 10.5M | ↓ 66.3% |
Net Income | 988.1K | ↓ 105.92% |
Net Profit Margin | 9.43% | ↑ 63.14% |
FY21 | Y/Y Change | |
---|---|---|
Revenue | 122.8M | ↑ 1041.71% |
Net Income | 48.5M | ↑ 4682.57% |
Net Profit Margin | 39.51% | ↑ 30.08% |
FY22 | Y/Y Change | |
---|---|---|
Revenue | 627.5M | ↑ 459.72% |
Net Income | 94.3M | ↑ 112.97% |
Net Profit Margin | 15.03% | ↓ 24.48% |
FY23 | Y/Y Change | |
---|---|---|
Revenue | 211.5M | ↓ 95.17% |
Net Income | -414.2M | ↓ 162.92% |
Net Profit Margin | -195.84% | ↓ 210.87% |
Q1 FY23 | Q/Q Change | |
---|---|---|
Revenue | 10.7M | ↑ 33.71% |
Net Income | -16.1M | ↑ 31.18% |
Net Profit Margin | -149.85% | ↑ 2.9% |
Q2 FY23 | Q/Q Change | |
---|---|---|
Revenue | 4.7M | ↓ 54.88% |
Net Income | -11.2M | ↓ 27.62% |
Net Profit Margin | -240.41% | ↓ 90.56% |
Q3 FY23 | Q/Q Change | |
---|---|---|
Revenue | 49.1M | ↑ 47.28% |
Net Income | -139.0M | ↑ 73.55% |
Net Profit Margin | -283.28% | ↓ 42.87% |
Q4 FY23 | Q/Q Change | |
---|---|---|
Revenue | 35.1M | ↓ 28.49% |
Net Income | -39.4M | ↓ 71.66% |
Net Profit Margin | -112.26% | ↑ 171.02% |
Q1 FY24 | Q/Q Change | |
---|---|---|
Revenue | 71.9M | ↑ 104.78% |
Net Income | -41.9M | ↑ 6.31% |
Net Profit Margin | -58.28% | ↑ 53.98% |
Q2 FY24 | Q/Q Change | |
---|---|---|
Revenue | 71.9M | ↑ 0.0% |
Net Income | -41.9M | ↑ 0.0% |
Net Profit Margin | -58.28% | ↑ 0.0% |
FY18 | Y/Y Change | |
---|---|---|
Total Assets | 203.6M | ↑ 16.58% |
Total Liabilities | 168.6M | ↑ 235.77% |
FY19 | Y/Y Change | |
---|---|---|
Total Assets | 20.2M | ↓ 89.9% |
Total Liabilities | 6.1M | ↓ 96.33% |
FY20 | Y/Y Change | |
---|---|---|
Total Assets | 24.3M | ↑ 11.95% |
Total Liabilities | 14.1M | ↑ 116.54% |
FY21 | Y/Y Change | |
---|---|---|
Total Assets | 138.7M | ↑ 457.03% |
Total Liabilities | 53.5M | ↑ 268.96% |
FY22 | Y/Y Change | |
---|---|---|
Total Assets | 697.9M | ↑ 451.15% |
Total Liabilities | 66.3M | ↑ 35.62% |
FY23 | Y/Y Change | |
---|---|---|
Total Assets | 493.3M | ↓ 89.87% |
Total Liabilities | 145.1M | ↓ 68.62% |
Q1 FY23 | Q/Q Change | |
---|---|---|
Total Assets | 78.1M | ↓ 15.03% |
Total Liabilities | 16.3M | ↑ 31.24% |
Q2 FY23 | Q/Q Change | |
---|---|---|
Total Assets | 64.8M | ↓ 13.8% |
Total Liabilities | 14.1M | ↓ 10.35% |
Q3 FY23 | Q/Q Change | |
---|---|---|
Total Assets | 493.3M | ↑ 6.29% |
Total Liabilities | 145.1M | ↑ 44.13% |
Q4 FY23 | Q/Q Change | |
---|---|---|
Total Assets | 534.1M | ↑ 8.27% |
Total Liabilities | 122.4M | ↓ 15.66% |
Q1 FY24 | Q/Q Change | |
---|---|---|
Total Assets | 525.5M | ↓ 1.6% |
Total Liabilities | 147.3M | ↑ 20.4% |
Q2 FY24 | Q/Q Change | |
---|---|---|
Total Assets | 525.5M | ↑ 0.0% |
Total Liabilities | 147.3M | ↑ 0.0% |
FY18 | Y/Y Change | |
---|---|---|
Operating Cash Flow | -1.8M | ↓ 113.97% |
Investing Cash Flow | 12.2M | ↓ 196.78% |
Financing Cash Flow | 42.8M | ↑ 96.8% |
FY19 | Y/Y Change | |
---|---|---|
Operating Cash Flow | -39.9M | ↑ 2097.74% |
Investing Cash Flow | -2.3M | ↓ 119.45% |
Financing Cash Flow | 39.6M | ↓ 5.84% |
FY20 | Y/Y Change | |
---|---|---|
Operating Cash Flow | 6.5M | ↓ 115.1% |
Investing Cash Flow | -7.6M | ↑ 203.59% |
Financing Cash Flow | -17.1M | ↓ 140.27% |
FY21 | Y/Y Change | |
---|---|---|
Operating Cash Flow | 225.9M | ↑ 3301.78% |
Investing Cash Flow | 803.2K | ↓ 110.32% |
Financing Cash Flow | 142.2M | ↓ 909.23% |
FY22 | Y/Y Change | |
---|---|---|
Operating Cash Flow | -35.2M | ↓ 117.09% |
Investing Cash Flow | -4.3M | ↓ 692.83% |
Financing Cash Flow | -7.6M | ↓ 105.85% |
Q3 FY22 | Q/Q Change | |
---|---|---|
Operating Cash Flow | -164.2M | ↓ 257.49% |
Investing Cash Flow | 9.9M | - |
Financing Cash Flow | -8.7M | - |
Q4 FY22 | Q/Q Change | |
---|---|---|
Operating Cash Flow | 86.6M | ↓ 152.74% |
Investing Cash Flow | 9.9M | ↑ 0.0% |
Financing Cash Flow | -49.9M | ↑ 474.4% |
Sell
Neutral
Buy
Canaan Inc is currently not in a favorable trading position ( SELL ) according to technical analysis indicators.
Company Name | 1 Month | 6 Month | 1 Year | 3 Years | 5 Years |
---|---|---|---|---|---|
![]() Canaan Inc | 10.22% | -39.31% | -52.02% | -90.43% | -89.81% |
![]() Hp Inc. | 5.62% | 10.67% | 15.35% | 18.05% | 77.91% |
![]() Arista Networks, Inc. | -0.95% | 9.71% | 60.74% | 249.76% | 443.95% |
![]() Dell Technologies Inc. - Class C Shares | 16.05% | -15.35% | 47.87% | 109.53% | 270.54% |
![]() Super Micro Computer, Inc. | -21.56% | -66.68% | 44.48% | 952.45% | 1331.33% |
Company Name | P/E Ratio | P/B Ratio | PEG Ratio | EPS | ROE | ROA | Div Yield | BVPS |
---|---|---|---|---|---|---|---|---|
![]() Canaan Inc | 4.76 | NA | NA | -0.04 | -0.86 | -0.38 | NA | 1.31 |
![]() Hp Inc. | 12.4 | 12.4 | 3.87 | 3.39 | 0.0 | 0.07 | 0.03 | -1.44 |
![]() Arista Networks, Inc. | 40.82 | 40.82 | 1.79 | 8.26 | 0.34 | 0.16 | NA | 26.84 |
![]() Dell Technologies Inc. - Class C Shares | 19.73 | 19.73 | 0.72 | 6.66 | 0.44 | 0.04 | 0.02 | -4.0 |
![]() Super Micro Computer, Inc. | 19.24 | 19.24 | 0.76 | 23.86 | 0.32 | 0.12 | NA | 93.2 |
Company Name | Analyst View | Market Cap | 5 Years Return % | PE Ratio | Profit Margin |
---|---|---|---|---|---|
![]() Canaan Inc | Buy | $271.7M | -89.81% | 4.76 | -164.87% |
![]() Hp Inc. | Buy | $34.1B | 77.91% | 12.4 | 5.33% |
![]() Arista Networks, Inc. | Buy | $98.7B | 443.95% | 40.82 | 39.01% |
![]() Dell Technologies Inc. - Class C Shares | Buy | $75.8B | 270.54% | 19.73 | 4.33% |
![]() Super Micro Computer, Inc. | Buy | $24.3B | 1331.33% | 19.24 | 8.09% |
Insights on Canaan Inc
Revenue is up for the last 3 quarters, 35.09M → 71.85M (in $), with an average increase of 25.6% per quarter
Netprofit is down for the last 3 quarters, -39.39M → -41.88M (in $), with an average decrease of 3.2% per quarter
In the last 1 year, Arista Networks, Inc. has given 60.7% return, outperforming this stock by 112.7%
In the last 3 years, Super Micro Computer, Inc. has given 249.8% return, outperforming this stock by 340.2%
Van Eck Associates Corporation
Vanguard Group Inc
SG Americas Securities, LLC
Two Sigma Investments LLC
Exchange Traded Concepts, LLC
Group One Trading, LP
Canaan Inc. is a computer hardware manufacturer and a leading provider of supercomputing solutions. While mitigating today’s computing hardware limitations, Canaan Inc. stands out with its superior cost efficiencies and high-level performance. Founded by Nangeng Zhang in 2013, the company is currently headquartered in Beijing, China. It was established as Canaan Creative while N.G. Zhang was studying medicine. In 2016, Canaan executed a reverse takeover of Shandong Luyitong, which is a public company listed on Shenzhen Stock Exchange for USD 466 million. Further in 2019, Canaan raised USD 90 million from its initial public offering in the U.S. stock market. It got listed on NASDAQ. The world’s first ASIC-powered bitcoin machine was built by Canaan Inc. in 2013 that paved the way for the bitcoin mining sector, which is computationally advanced. The company is actively involved in the research and designing of Integrated Circuits (IC) final system products and integrating the same with bitcoin mining and related components. Apart from this, the company assembles system products along with its supply chain and distribution. It focuses on the development of advanced technology including Artificial Intelligence. With AI chips as a base, Canaan has been successful in developing an intellectual value chain. Canaan also offers complete AI service solutions along with an option to tailor them according to the needs of the clients. The areas include AI algorithms, chip integration, AI architectures, AI chips, and systems on a chip. Currently Canaan Inc has a market cap of $0.28 Billion. It has a P.E ratio of 0.0. The shares of Canaan Inc are trading at $0.92. .
Organization | Canaan Inc |
Employees | 445 |
CEO | Mr. Nangeng Zhang |
Industry | Electronic Technology |
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