Canaan Statistics
Total Valuation
Canaan has a market cap or net worth of $295.52 million. The enterprise value is $223.76 million.
Important Dates
The next estimated earnings date is Friday, May 16, 2025, before market open.
| Earnings Date | May 16, 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 (%) | 24.00% |
| Float | 334.62M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 38.75 |
| PS Ratio | 0.80 |
| Forward PS | n/a |
| PB Ratio | 0.92 |
| P/TBV Ratio | 1.11 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | n/a |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 0.83 |
| 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 | 1.19 |
| 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 -14.79% in the last 52 weeks. The beta is 3.49, so Canaan's price volatility has been higher than the market average.
| Beta (5Y) | 3.49 |
| 52-Week Price Change | -14.79% |
| 50-Day Moving Average | 1.10 |
| 200-Day Moving Average | 1.38 |
| Relative Strength Index (RSI) | 43.37 |
| Average Volume (20 Days) | 16,349,779 |
Short Selling Information
The latest short interest is 16.69 million, so 4.73% of the outstanding shares have been sold short.
| Short Interest | 16.69M |
| Short Previous Month | 16.20M |
| Short % of Shares Out | 4.73% |
| Short % of Float | n/a |
| Short Ratio (days to cover) | 1.03 |
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 | -194.63M |
| EBIT | -223.04M |
| Loss Per Share | -$0.92 |
Full Income StatementBalance Sheet
The company has $98.64 million in cash and $26.88 million in debt, giving a net cash position of $71.76 million or $0.19 per share.
| Cash & Cash Equivalents | 98.64M |
| Total Debt | 26.88M |
| Net Cash | 71.76M |
| Net Cash Per Share | $0.19 |
| Equity (Book Value) | 266.25M |
| Book Value Per Share | 0.87 |
| Working Capital | 155.45M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was -$199.26 million and capital expenditures -$19.30 million, giving a free cash flow of -$218.57 million.
| Operating Cash Flow | -199.26M |
| Capital Expenditures | -19.30M |
| Free Cash Flow | -218.57M |
| FCF Per Share | -$0.59 |
Full Cash Flow StatementMargins
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 | -72.26% |
| 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 | -57.89% |
| Earnings Yield | -84.51% |
| FCF Yield | -73.96% |
Dividend DetailsAnalyst Forecast
The average price target for Canaan is $3.88, which is 389.59% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $3.88 |
| Price Target Difference | 389.59% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 4 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsStock 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 3. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | -0.86 |
| Piotroski F-Score | 3 |