Canaan Inc. (CAN)

Canaan Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Mar 3, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	71.78	96.15	101.55	-	422.56	391.31
Short-Term Investments	-	3.75	3.33	-	0.24	62.39
Cash & Short-Term Investments	71.78	99.9	104.88	-	422.79	453.7
Cash Growth	76.92%	-4.75%	-	-	-6.81%	-14.01%
Accounts Receivable	1.38	3	-	-	0.06	7.13
Other Receivables	8.26	55.4	72.4	-	43.23	93.39
Receivables	9.64	58.4	72.4	-	43.29	100.52
Inventory	87.8	142.29	211.64	-	127.88	225.52
Restricted Cash	-	-	-	-	7.46	4.49
Other Current Assets	-	63.09	166.79	-	228.71	222.98
Total Current Assets	307.49	363.68	555.71	-	830.13	1,007
Property, Plant & Equipment	43.52	31.16	89.6	-	34.08	26.62
Long-Term Investments	2.85	2.82	2.87	-	3.15	0.03
Long-Term Deferred Tax Assets	76.09	66.81	21.74	-	15.59	-
Other Long-Term Assets	71.23	28.83	15.04	-	3.66	2.53
Total Assets	502.14	493.3	684.96	-	886.61	1,036
Accounts Payable	16.74	6.25	16.7	-	22.58	51.37
Accrued Expenses	36.18	28.07	28.82	-	42.38	54.98
Short-Term Debt	-	-	-	-	-	34.75
Current Portion of Leases	1.41	1.22	2.31	-	2.33	12.62
Current Income Taxes Payable	3.54	3.53	7.23	-	23.41	-
Current Unearned Revenue	16.24	19.61	0.66	-	211.05	430.39
Other Current Liabilities	77.1	76.51	19.53	-	26.48	8.36
Total Current Liabilities	151.2	135.19	75.26	-	328.23	592.48
Long-Term Leases	1.64	0.21	1.44	-	2.56	3.32
Other Long-Term Liabilities	9.37	9.71	0.6	-	11.36	8.02
Total Liabilities	186.33	145.11	77.3	-	342.15	603.82
Common Stock	-	-	-	-	0	0
Additional Paid-In Capital	763.29	653.86	492.22	-	455.11	1,635
Retained Earnings	-342.7	-204.74	209.41	-	141.79	-1,098
Treasury Stock	-57.06	-57.06	-57.06	-	-36.41	-23.92
Comprehensive Income & Other	-47.74	-43.88	-36.91	-	-16.04	-79.78
Shareholders' Equity	315.81	348.19	607.67	-	544.45	432.56
Total Liabilities & Equity	502.14	493.3	684.96	-	886.61	1,036
Total Debt	27.01	1.43	3.76	-	4.9	50.7
Net Cash (Debt)	44.78	98.47	101.13	-	417.9	403
Net Cash Growth	15.82%	-2.62%	-	-	3.70%	-0.36%
Net Cash Per Share	0.18	0.57	0.59	-	2.43	2.58
Filing Date Shares Outstanding	288.29	234.33	166.4	-	172.03	155.22
Total Common Shares Outstanding	288.29	234.33	166.4	-	171.83	155.22
Working Capital	156.3	228.49	480.46	-	501.9	414.73
Book Value Per Share	1.10	1.49	3.65	-	3.17	2.79
Tangible Book Value	314.85	348.19	607.67	-	544.45	432.56
Tangible Book Value Per Share	1.09	1.49	3.65	-	3.17	2.79
Machinery	-	106.51	113.17	-	28.73	16.18
Construction In Progress	-	-	-	-	0.1	1.33
Leasehold Improvements	-	5.77	4.81	-	3.37	17.13

Source: S&P Capital IQ. Standard template. Financial Sources.