Canaan Inc. (CAN)

Canaan Statistics

Total Valuation

Canaan has a market cap or net worth of $282.02 million. The enterprise value is $231.45 million.

Market Cap	282.02M
Enterprise Value	231.45M

Important Dates

The last earnings date was Tuesday, May 20, 2025, before market open.

Earnings Date	May 20, 2025
Ex-Dividend Date	n/a

Share Statistics

Canaan has 460.36 million shares outstanding. The number of shares has increased by 50.75% in one year.

Current Share Class	n/a
Shares Outstanding	460.36M
Shares Change (YoY)	+50.75%
Shares Change (QoQ)	+12.42%
Owned by Insiders (%)	8.19%
Owned by Institutions (%)	18.45%
Float	421.25M

Valuation Ratios

PE Ratio	n/a
Forward PE	13.38
PS Ratio	0.56
Forward PS	n/a
PB Ratio	0.95
P/TBV Ratio	1.15
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	0.73
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

The company has a current ratio of 1.50, with a Debt / Equity ratio of 0.19.

Current Ratio	1.50
Quick Ratio	0.55
Debt / Equity	0.19
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	-218.78

Financial Efficiency

Return on equity (ROE) is -90.43% and return on invested capital (ROIC) is -33.71%.

Return on Equity (ROE)	-90.43%
Return on Assets (ROA)	-21.69%
Return on Invested Capital (ROIC)	-33.71%
Return on Capital Employed (ROCE)	-69.20%
Revenue Per Employee	$684,685
Profits Per Employee	-$641,015
Employee Count	463
Asset Turnover	0.58
Inventory Turnover	3.41

Taxes

In the past 12 months, Canaan has paid $77.39 million in taxes.

Income Tax	77.39M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -38.01% in the last 52 weeks. The beta is 3.34, so Canaan's price volatility has been higher than the market average.

Beta (5Y)	3.34
52-Week Price Change	-38.01%
50-Day Moving Average	0.75
200-Day Moving Average	1.33
Relative Strength Index (RSI)	40.56
Average Volume (20 Days)	39,248,453

Short Selling Information

The latest short interest is 34.20 million, so 8.96% of the outstanding shares have been sold short.

Short Interest	34.20M
Short Previous Month	21.70M
Short % of Shares Out	8.96%
Short % of Float	n/a
Short Ratio (days to cover)	1.50

Income Statement

In the last 12 months, Canaan had revenue of $317.01 million and -$296.79 million in losses. Loss per share was -$1.02.

Revenue	317.01M
Gross Profit	-46.35M
Operating Income	-190.77M
Pretax Income	n/a
Net Income	-296.79M
EBITDA	-170.16M
EBIT	-190.77M
Loss Per Share	-$1.02

Balance Sheet

The company has $96.77 million in cash and $47.22 million in debt, giving a net cash position of $49.56 million or $0.11 per share.

Cash & Cash Equivalents	96.77M
Total Debt	47.22M
Net Cash	49.56M
Net Cash Per Share	$0.11
Equity (Book Value)	244.64M
Book Value Per Share	0.64
Working Capital	145.29M

Cash Flow

Operating Cash Flow	n/a
Capital Expenditures	n/a
Free Cash Flow	n/a
FCF Per Share	n/a

Margins

Gross margin is -14.62%, with operating and profit margins of -60.18% and -93.62%.

Gross Margin	-14.62%
Operating Margin	-60.18%
Pretax Margin	-69.21%
Profit Margin	-93.62%
EBITDA Margin	-53.68%
EBIT Margin	-60.18%
FCF Margin	n/a

Dividends & Yields

Canaan does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-50.75%
Shareholder Yield	-50.75%
Earnings Yield	-105.62%
FCF Yield	n/a

Analyst Forecast

The average price target for Canaan is $2.90, which is 373.39% higher than the current price. The consensus rating is "Strong Buy".

Price Target	$2.90
Price Target Difference	373.39%
Analyst Consensus	Strong Buy
Analyst Count	5
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

Canaan has an Altman Z-Score of -0.8 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	-0.8
Piotroski F-Score	2