Canaan Inc. (CAN)
Canaan Statistics
Share Statistics
Canaan has 273.74M shares outstanding. The number of shares has increased by 20.7% in one year.
| Shares Outstanding | 273.74M |
| Shares Change (YoY) | 20.7% |
| Shares Change (QoQ) | 10.27% |
| Owned by Institutions (%) | 1.87% |
| Shares Floating | 198.09M |
| Failed to Deliver (FTD) Shares | 26.46K |
| FTD / Avg. Volume | 0.17% |
Short Selling Information
The latest short interest is 23.45M, so 0.58% of the outstanding shares have been sold short.
| Short Interest | 23.45M |
| Short % of Shares Out | 0.58% |
| Short % of Float | 0.64% |
| Short Ratio (days to cover) | 3.82 |
Valuation Ratios
The PE ratio is -0.96 and the forward PE ratio is 2. Canaan's PEG ratio is 0.
| PE Ratio | -0.96 |
| Forward PE | 2 |
| PS Ratio | 1.88 |
| Forward PS | 0.3 |
| PB Ratio | 1.14 |
| P/FCF Ratio | -3.13 |
| PEG Ratio | 0 |
Enterprise Valuation
Canaan Inc. has an Enterprise Value (EV) of 310.95M.
| EV / Earnings | -0.75 |
| EV / Sales | 1.47 |
| EV / EBITDA | -0.94 |
| EV / EBIT | -0.76 |
| EV / FCF | -2.45 |
Financial Position
The company has a current ratio of 2.69, with a Debt / Equity ratio of 0.
| Current Ratio | 2.69 |
| Quick Ratio | 1.64 |
| Debt / Equity | 0 |
| Total Debt / Capitalization | 0.41 |
| Cash Flow / Debt | -86.69 |
| Interest Coverage | 0 |
Financial Efficiency
Return on equity (ROE) is -1.19% and return on capital (ROIC) is -104.56%.
| Return on Equity (ROE) | -1.19% |
| Return on Assets (ROA) | -0.84% |
| Return on Capital (ROIC) | -104.56% |
| Revenue Per Employee | $475,229.21 |
| Profits Per Employee | $-930,680.9 |
| Employee Count | 445 |
| Asset Turnover | 0.43 |
| Inventory Turnover | 3.18 |
Taxes
| Income Tax | -51.34M |
| Effective Tax Rate | 0.11 |
Stock Price Statistics
The stock price has increased by -39.47% in the last 52 weeks. The beta is 3.4, so Canaan's price volatility has been higher than the market average.
| Beta | 3.4 |
| 52-Week Price Change | -39.47% |
| 50-Day Moving Average | 1.54 |
| 200-Day Moving Average | 1.4 |
| Relative Strength Index (RSI) | 32.16 |
| Average Volume (20 Days) | 15.58M |
Income Statement
In the last 12 months, Canaan had revenue of 211.48M and earned -414.15M in profits. Earnings per share was -0.16.
| Revenue | 211.48M |
| Gross Profit | -240.78M |
| Operating Income | -410.88M |
| Net Income | -414.15M |
| EBITDA | -330.11M |
| EBIT | -410.88M |
| Earnings Per Share (EPS) | -0.16 |
Balance Sheet
The company has 96.15M in cash and 1.43M in debt, giving a net cash position of 94.73M.
| Cash & Cash Equivalents | 96.15M |
| Total Debt | 1.43M |
| Net Cash | 94.73M |
| Retained Earnings | -219.63M |
| Total Assets | 502.14M |
| Working Capital | 156.3M |
Cash Flow
In the last 12 months, operating cash flow was -123.62M and capital expenditures -3.31M, giving a free cash flow of -126.93M.
| Operating Cash Flow | -123.62M |
| Capital Expenditures | -3.31M |
| Free Cash Flow | -126.93M |
| FCF Per Share | -0.05 |
Margins
Gross margin is -113.86%, with operating and profit margins of -194.29% and -195.84%.
| Gross Margin | -113.86% |
| Operating Margin | -194.29% |
| Pretax Margin | -220.12% |
| Profit Margin | -195.84% |
| EBITDA Margin | -156.1% |
| EBIT Margin | -194.29% |
| FCF Margin | -60.02% |
Dividends & Yields
CAN does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | -17.39% |
| FCF Yield | -50.23% |
Analyst Forecast
The average price target for CAN is $2.5, which is 171.7% higher than the current price. The consensus rating is "Buy".
| Price Target | $2.5 |
| Price Target Difference | 171.7% |
| Analyst Consensus | Buy |
| Analyst Count | 4 |
Scores
| Altman Z-Score | -0.79 |
| Piotroski F-Score | 3 |