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Canaan Inc

Technology US CAN

0.3512USD
0.03(9.68%)

Last update at 2026-06-15T20:27:00Z

Day Range

0.340.37
LowHigh

52 Week Range

0.392.22
LowHigh

Fundamentals

  • Previous Close 0.32
  • Market Cap394.45M
  • Volume11405414
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA-56.07900M
  • Revenue TTM529.74M
  • Revenue Per Share TTM1.13
  • Gross Profit TTM 41.16M
  • Diluted EPS TTM-0.45

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax -207.48900M -172.26900M -465.49300M 810.51M 321.68M
Minority interest - - - - -
Net income -210.26700M -249.75200M -414.15300M 658.25M 313.81M
Selling general administrative 68.07M 71.69M 71.25M 580.52M 92.42M
Selling and marketing expenses 13.59M 5.71M 8.18M 62.97M 15.76M
Gross profit 41.16M -84.32000M -240.78000M 1747.95M 447.24M
Reconciled depreciation 47.56M 28.42M 59.64M 32.82M 14.13M
Ebit -103.63800M -171.74800M -389.75500M 557.82M 286.84M
Ebitda -75.22200M -143.33200M -330.11400M 343.22M 288.99M
Depreciation and amortization 28.42M 28.42M 59.64M -214.59600M 2.15M
Non operating income net other - - - - -
Operating income -112.22900M -227.13000M -410.88100M 557.82M 286.84M
Other operating expenses 641.96M 496.45M 622.36M 3821.09M 495.50M
Interest expense 1.97M 0.52M 0.00000M 15.94M 46.81M
Tax provision 2.78M 77.48M -51.34000M 152.26M 50.11M
Interest income 0.27M 0.54M 0.96M 15.94M 7.31M
Net interest income -1.70000M 0.01M 0.96M 15.94M 7.31M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 2.78M 77.48M -51.34000M 152.26M 7.86M
Total revenue 529.74M 269.32M 211.48M 4378.91M 782.34M
Total operating expenses 153.39M 142.81M 170.10M 172.50M 160.40M
Cost of revenue 488.58M 353.64M 452.26M 2630.96M 335.10M
Total other income expense net -95.26000M 54.86M -54.61200M 252.69M 34.84M
Discontinued operations - - - - -
Net income from continuing ops -210.26700M -249.75200M -414.15300M 658.25M 2000.28M
Net income applicable to common shares - - - 486.36M 2000.28M
Preferred stock and other adjustments - - - - -
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 602.88M 463.01M 493.30M 4870.08M 883.62M
Intangible assets 0.69M 0.90M - - -
Earning assets - - - - -
Other current assets 152.41M 28.25M 9.27M 1775.30M 271.26M
Total liab 165.52M 196.76M 145.11M 462.46M 341.00M
Total stockholder equity 437.37M 266.25M 348.19M 4407.61M 542.62M
Deferred long term liab - - - - -
Other current liab 75.27M 28.69M 108.12M 311.20M 91.95M
Common stock 0.00100M - - 0.00100M 0.00016M
Capital stock 0.00100M 0.00000M 0.00000M 0.00100M 0.00100M
Retained earnings -645.86500M -450.49000M -219.63100M 1391.88M 126.21M
Other liab - - - 4.16M 72.17M
Good will - - - - -
Other assets - - - 256.12M 122.31M
Cash 80.78M 96.49M 96.15M 707.26M 421.13M
Cash and equivalents - - - - -
Total current liabilities 131.09M 178.57M 135.19M 448.26M 327.12M
Current deferred revenue - 37.11M 19.61M 4.61M 210.34M
Net debt -25.87800M -1.50000M -94.72800M -681.10400M -416.25186M
Short term debt 30.22M 86.01M 1.22M 16.12M 2.32M
Short long term debt 28.52M 84.77M - - -
Short long term debt total 54.90M 94.99M 1.43M 26.16M 4.88M
Other stockholder equity 1139.88M 759.31M 596.80M 2917.99M 417.11M
Property plant equipment - - - 627.59M 216.49M
Total current assets 433.29M 334.02M 363.68M 3994.63M 827.33M
Long term investments 2.85M 2.78M 2.82M 107.27M 40.31M
Net tangible assets - - - 4235.73M 3458.69M
Short term investments - - - - 0.00000M
Net receivables 19.29M 114.66M 58.40M 504.25M 0.06M
Long term debt 23.73M 7.28M - - -
Inventory 180.82M 94.62M 142.29M 1512.07M 127.45M
Accounts payable 25.60M 13.97M 6.25M 116.33M 22.50M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -56.65300M -42.56400M -28.98700M 97.74M -0.70677M
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 0.68M 81.35M 28.34M 17.44M 0.46M
Deferred long term asset charges - - - - -
Non current assets total 169.59M 128.99M 129.62M 875.45M 56.29M
Capital lease obligations 2.65M 2.94M 1.43M 26.16M 31.11M
Long term debt total - - - - -
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - 60.97M 39.63M -4.39508M 42.66M
Change to liabilities - - - -1481.24900M 1016.38M
Total cashflows from investing activities - 60.97M 39.63M -30.32300M 5.12M
Net borrowings -16.97200M 9.94M 0.00000M - -35.00000M
Total cash from financing activities 197.88M 139.75M 90.00M -52.97726M 905.85M
Change to operating activities - - - -107.05100M -1202.42300M
Net income -210.26700M -249.75200M -414.15300M 70.49M 2000.28M
Change in cash -96.48800M 0.33M -5.39700M -293.42730M 2335.90M
Begin period cash flow 96.49M 96.15M 101.55M 395.94M 395.80M
End period cash flow 80.78M 96.49M 96.15M 102.51M 2731.70M
Total cash from operating activities -271.21800M -199.26200M -123.62000M -245.92321M 1438.85M
Issuance of capital stock 221.46M 130.58M 92.42M 10.20M 1075.18M
Depreciation 47.56M 28.42M 59.64M 32.82M 14.13M
Other cashflows from investing activities - 80.28M 42.94M 64.81M 64.81M
Dividends paid - - - - -
Change to inventory -138.32100M -129.27200M -123.94598M -225.98640M -787.55400M
Change to account receivables -17.66100M 0.10M -3.01750M 0.05M 6.76M
Sale purchase of stock -5.00000M 0.00000M -2.42522M -33.96098M -104.11600M
Other cashflows from financing activities - 129.04M 22.16M -29.21702M -30.21300M
Change to netincome - - - 820.39M 224.98M
Capital expenditures 37.03M 19.30M 3.31M 13.79M 37.71M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -163.28900M -103.86200M 16.11M -470.41917M -818.12000M
Stock based compensation 22.80M 30.92M 42.07M 59.05M 491.46M
Other non cash items 210.27M 21.94M 218.39M 69.73M -149.85600M
Free cash flow -308.24900M -218.56600M -126.93200M -259.71142M 1401.14M

Peer Comparison

Sector: Technology Industry: Computer Hardware

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
CAN
Canaan Inc
0.03 9.68% 0.35 - 2.51 0.74 0.97 0.75 0.60
DELL
Dell Technologies Inc
13.50 3.41% 409.07 24.44 15.65 1.22 4.39 1.34 12.81
ANET
Arista Networks
5.85 3.58% 169.09 39.49 31.45 13.08 11.15 12.18 31.54
SMCI
Super Micro Computer Inc
0.39 1.28% 30.85 49.25 28.90 5.69 17.11 5.65 57.68
HPQ
HP Inc
-0.64 2.54% 24.60 9.33 8.67 0.56 - 0.70 7.42

Reports Covered

Stock Research & News

Profile

Canaan Inc. engages in the research and development, design, and sale of integrated circuits, and bitcoin mining equipment and related components. The company is involved in the assembly and distribution of mining equipment and spare parts; and mining business. It has operations in the United States, Mainland China, the United Arab Emirates, Ethiopia, Hong Kong Special Administrative Region, Malaysia, Kazakhstan, Canada, Netherlands, Singapore, Ireland, Georgia, Brazil, and internationally. Canaan Inc. was founded in 2013 and is headquartered in Singapore.

Canaan Inc

28 Ayer Rajah Crescent #06-08, Singapore, Singapore, 139959

Key Executives

Name Title Year Born
Mr. Nangeng Zhang Chairman & CEO 1983
Mr. James Jin Cheng Chief Financial Officer 1979
Mr. Clark S. Soucy Investor Relations Director NA
Ms. Lu Meng Sec. of the Board 1983
Ms. Zhang Xi Investor Relations Mang. NA
Ms. Lu Meng Secretary of the Board 1983
Ms. Zhang Xi Investor Relations Manager NA
Ms. Gwyn Lauber Investor Relations Director NA
Mr. Liang Wang Vice President of Capital Markets & Corporate Development NA
Ms. Lu Meng Secretary of the Board 1982

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