Canaan Inc. (CAN)

Canaan Balance Sheet

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Mar 3, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	54.74	96.15	101.55	-	422.56	391.31
Short-Term Investments	-	3.75	3.33	-	-	62.39
Cash & Short-Term Investments	54.74	99.9	104.88	-	422.56	453.7
Cash Growth	-23.94%	-4.75%	-	-	-6.86%	-14.01%
Receivables	1.64	58.4	72.4	-	43.29	100.52
Inventory	99.15	142.29	211.64	-	127.88	225.52
Prepaid Expenses	165.44	-	-	-	-	-
Restricted Cash	-	-	-	-	7.46	4.49
Other Current Assets	-	63.09	166.79	-	228.95	222.98
Total Current Assets	320.96	363.68	555.71	-	830.13	1,007
Property, Plant & Equipment	51.29	31.16	89.6	-	34.08	26.62
Long-Term Investments	2.82	2.82	2.87	-	3.15	0.03
Other Intangible Assets	1.06	-	-	-	-	-
Long-Term Deferred Tax Assets	67.33	66.81	21.74	-	15.59	-
Other Long-Term Assets	90.65	28.83	15.04	-	3.66	2.53
Total Assets	534.12	493.3	684.96	-	886.61	1,036
Accounts Payable	16.7	6.25	16.7	-	22.58	51.37
Accrued Expenses	42.72	28.07	28.82	-	42.38	54.98
Short-Term Debt	-	-	-	-	-	34.75
Current Portion of Leases	1.61	1.22	2.31	-	2.33	12.62
Current Income Taxes Payable	3.51	3.53	7.23	-	23.41	-
Current Unearned Revenue	38.86	19.61	0.66	-	211.05	430.39
Other Current Liabilities	7.12	76.51	19.53	-	26.48	8.36
Total Current Liabilities	110.52	135.19	75.26	-	328.23	592.48
Long-Term Leases	2.14	0.21	1.44	-	2.56	3.32
Long-Term Deferred Tax Liabilities	0.18	-	-	-	-	-
Other Long-Term Liabilities	9.55	9.71	0.6	-	11.36	8.02
Total Liabilities	122.38	145.11	77.3	-	342.15	603.82
Common Stock	-	-	-	-	0	0
Additional Paid-In Capital	742.9	653.86	492.22	-	455.11	1,635
Retained Earnings	-225.24	-204.74	209.41	-	141.79	-1,098.37
Treasury Stock	-57.06	-57.06	-57.06	-	-36.41	-23.92
Comprensive Income & Other	-48.87	-43.88	-36.91	-	-16.04	-79.78
Shareholders' Equity	411.74	348.19	607.67	-	544.45	432.56
Total Liabilities & Equity	534.12	493.3	684.96	-	886.61	1,036
Total Debt	3.75	1.43	3.76	-	4.9	50.7
Net Cash (Debt)	50.99	98.47	101.13	-	417.66	403
Net Cash Growth	-26.01%	-2.62%	-	-	3.64%	-0.36%
Net Cash Per Share	0.27	0.57	0.59	-	2.43	2.58
Filing Date Shares Outstanding	286.1	234.33	166.4	-	172.03	155.22
Total Common Shares Outstanding	280.22	234.33	166.4	-	171.83	155.22
Working Capital	210.45	228.49	480.46	-	501.9	414.73
Book Value Per Share	1.47	1.49	3.65	-	3.17	2.79
Tangible Book Value	410.68	348.19	607.67	-	544.45	432.56
Tangible Book Value Per Share	1.47	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.