Canaan Inc. (CAN)

Canaan Statistics

Total Valuation

Canaan has a market cap or net worth of $339.56 million. The enterprise value is $269.95 million.

Market Cap	339.56M
Enterprise Value	269.95M

Important Dates

The last earnings date was Wednesday, March 26, 2025, before market open.

Earnings Date	Mar 26, 2025
Ex-Dividend Date	n/a

Share Statistics

Canaan has 372.90 million shares outstanding. The number of shares has increased by 57.89% in one year.

Current Share Class	n/a
Shares Outstanding	372.90M
Shares Change (YoY)	+57.89%
Shares Change (QoQ)	+2.95%
Owned by Insiders (%)	10.11%
Owned by Institutions (%)	24.52%
Float	334.62M

Valuation Ratios

PE Ratio	n/a
Forward PE	44.39
PS Ratio	0.92
Forward PS	n/a
PB Ratio	1.05
P/TBV Ratio	1.28
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	1.00
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

The company has a current ratio of 1.87, with a Debt / Equity ratio of 0.10.

Current Ratio	1.87
Quick Ratio	0.83
Debt / Equity	0.10
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	-428.10

Financial Efficiency

Return on equity (ROE) is -81.29% and return on invested capital (ROIC) is -43.38%.

Return on Equity (ROE)	-81.29%
Return on Assets (ROA)	-29.15%
Return on Invested Capital (ROIC)	-43.38%
Return on Capital Employed (ROCE)	-78.41%
Revenue Per Employee	$605,222
Profits Per Employee	-$561,240
Employee Count	445
Asset Turnover	0.56
Inventory Turnover	2.99

Taxes

In the past 12 months, Canaan has paid $77.48 million in taxes.

Income Tax	77.48M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -35.87% in the last 52 weeks. The beta is 3.40, so Canaan's price volatility has been higher than the market average.

Beta (5Y)	3.40
52-Week Price Change	-35.87%
50-Day Moving Average	1.52
200-Day Moving Average	1.40
Relative Strength Index (RSI)	32.04
Average Volume (20 Days)	16,844,865

Short Selling Information

The latest short interest is 18.99 million, so 4.81% of the outstanding shares have been sold short.

Short Interest	18.99M
Short Previous Month	18.90M
Short % of Shares Out	4.81%
Short % of Float	n/a
Short Ratio (days to cover)	1.32

Income Statement

In the last 12 months, Canaan had revenue of $269.32 million and -$249.75 million in losses. Loss per share was -$0.92.

Revenue	269.32M
Gross Profit	-84.32M
Operating Income	-223.04M
Pretax Income	n/a
Net Income	-249.75M
EBITDA	-163.40M
EBIT	-223.04M
Loss Per Share	-$0.92

Balance Sheet

The company has $96.49 million in cash and $26.88 million in debt, giving a net cash position of $69.61 million or $0.19 per share.

Cash & Cash Equivalents	96.49M
Total Debt	26.88M
Net Cash	69.61M
Net Cash Per Share	$0.19
Equity (Book Value)	266.25M
Book Value Per Share	0.87
Working Capital	155.45M

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 -31.31%, with operating and profit margins of -82.82% and -92.73%.

Gross Margin	-31.31%
Operating Margin	-82.82%
Pretax Margin	-63.96%
Profit Margin	-92.73%
EBITDA Margin	-60.67%
EBIT Margin	-82.82%
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	-57.89%
Shareholder Yield	n/a
Earnings Yield	-73.55%
FCF Yield	n/a

Analyst Forecast

The average price target for Canaan is $3.88, which is 326.09% higher than the current price. The consensus rating is "Strong Buy".

Price Target	$3.88
Price Target Difference	326.09%
Analyst Consensus	Strong Buy
Analyst Count	4
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 -0.86 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	-0.86
Piotroski F-Score	2