Canaan Statistics

Total Valuation

Canaan has a market cap or net worth of $217.93 million. The enterprise value is $204.85 million.

Market Cap	217.93M
Enterprise Value	204.85M

Important Dates

The next estimated earnings date is Friday, May 24, 2024, before market open.

Earnings Date	May 24, 2024
Ex-Dividend Date	n/a

Share Statistics

Canaan has 234.33 million shares outstanding.

Shares Outstanding	234.33M
Owned by Insiders (%)	n/a
Owned by Institutions (%)	20.87%
Float	n/a

Valuation Ratios

PE Ratio	n/a
Forward PE	2.15
PS Ratio	1.03
Forward PS	0.85
PB Ratio	4.53
P/FCF Ratio	n/a
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	0.97
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

The company has a current ratio of 2.69, with a Debt / Equity ratio of 0.00.

Current Ratio	2.69
Quick Ratio	0.73
Debt / Equity	0.00
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is -98.30% and return on invested capital (ROIC) is -117.52%.

Return on Equity (ROE)	-98.30%
Return on Assets (ROA)	-77.80%
Return on Capital (ROIC)	-117.52%
Revenue Per Employee	$475,229
Profits Per Employee	-$930,681
Employee Count	445
Asset Turnover	0.40
Inventory Turnover	2.56

Taxes

Income Tax	-7.09M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -61.25% in the last 52 weeks. The beta is 3.01, so Canaan's price volatility has been higher than the market average.

Beta (1Y)	3.01
52-Week Price Change	-61.25%
50-Day Moving Average	1.45
200-Day Moving Average	1.88
Relative Strength Index (RSI)	36.28
Average Volume (30 Days)	17,310,738

Short Selling Information

Short Interest	25.40M
Short Previous Month	26.87M
Short % of Shares Out	10.84%
Short % of Float	n/a
Short Ratio (days to cover)	2.54

Income Statement

In the last 12 months, Canaan had revenue of $211.48 million and -$414.15 million in losses. Loss per share was -$0.33.

Revenue	211.48M
Gross Profit	-33.23M
Operating Income	-56.71M
Pretax Income	-64.25M
Net Income	-414.15M
EBITDA	-55.67M
EBIT	-64.25M
Loss Per Share	-$0.33

Full Income Statement

Balance Sheet

The company has $13.27 million in cash and $196,820 in debt, giving a net cash position of $13.07 million or $0.06 per share.

Cash & Cash Equivalents	13.27M
Total Debt	196,820
Net Cash	13.07M
Net Cash Per Share	$0.06
Equity / Book Value	48.06M
Book Value Per Share	0.21
Working Capital	31.54M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$17.06 million and capital expenditures -$140,369, giving a free cash flow of -$17.20 million.

Operating Cash Flow	-17.06M
Capital Expenditures	-140,369
Free Cash Flow	-17.20M
FCF Per Share	-$0.10

Full Cash Flow Statement

Margins

Gross margin is -15.71%, with operating and profit margins of -26.82% and -195.84%.

Gross Margin	-15.71%
Operating Margin	-26.82%
Pretax Margin	-30.38%
Profit Margin	-195.84%
EBITDA Margin	-26.33%
EBIT Margin	-30.38%
FCF Margin	-8.13%

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	-0.05%
Shareholder Yield	-0.05%
Earnings Yield	-190.04%
FCF Yield	-7.89%

Analyst Forecast

The average price target for Canaan is $4.25, which is 356.99% higher than the current price. The consensus rating is "Strong Buy".

Price Target	$4.25
Price Target Difference	356.99%
Analyst Consensus	Strong Buy
Analyst Count	2
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Forecasts

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 6.45 and a Piotroski F-Score of 4.

Altman Z-Score	6.45
Piotroski F-Score	4