Canaan Inc.

0.70
0.00 (0.00%)
At close: Apr 17, 2025, 3:59 PM
0.70
-0.11%
After-hours: Apr 17, 2025, 07:59 PM EDT

Canaan Statistics

Share Statistics

Canaan has 267.51M shares outstanding. The number of shares has increased by -4.8% in one year.

Shares Outstanding 267.51M
Shares Change (YoY) -4.8%
Shares Change (QoQ) 0%
Owned by Institutions (%) 1.87%
Shares Floating 197.37M
Failed to Deliver (FTD) Shares 13.03K
FTD / Avg. Volume 0.08%

Short Selling Information

The latest short interest is 16.69M, so 4.46% of the outstanding shares have been sold short.

Short Interest 16.69M
Short % of Shares Out 4.46%
Short % of Float 4.73%
Short Ratio (days to cover) 1

Valuation Ratios

The PE ratio is -0.96 and the forward PE ratio is 0.2. Canaan's PEG ratio is 0.

PE Ratio -0.96
Forward PE 0.2
PS Ratio 1.88
Forward PS 0.2
PB Ratio 1.14
P/FCF Ratio -3.13
PEG Ratio 0
Financial Ratio History

Enterprise Valuation

Currently the Enterprise Value (EV) is not available for Canaan.

EV / Sales n/a
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.

Current Ratio 2.69
Quick Ratio 1.64
Debt / Equity 0
Debt / EBITDA 0
Debt / FCF -0.01
Interest Coverage 0

Financial Efficiency

Return on Equity is n/a and Return on Invested Capital is n/a.

Return on Equity n/a
Return on Assets n/a
Return on Invested Capital n/a
Revenue Per Employee $475.23K
Profits Per Employee $-930.68K
Employee Count 445
Asset Turnover 0.43
Inventory Turnover 3.18

Taxes

Income Tax -51.34M
Effective Tax Rate 11.03%

Stock Price Statistics

The stock price has increased by -25.01% in the last 52 weeks. The beta is 3.49, so Canaan's price volatility has been higher than the market average.

Beta 3.49
52-Week Price Change -25.01%
50-Day Moving Average 1.17
200-Day Moving Average 1.38
Relative Strength Index (RSI) 32.93
Average Volume (20 Days) 15.73M

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 -385.05M
Earnings Per Share (EPS) -0.16
Full Income Statement

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
Full Balance Sheet

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
Full Cash Flow Statement

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 n/a
FCF Yield n/a
Dividend Details

Analyst Forecast

The average price target for CAN is $2.5, which is 262.3% higher than the current price. The consensus rating is "Buy".

Price Target $2.5
Price Target Difference 262.3%
Analyst Consensus Buy
Analyst Count 4
Stock Forecasts

Scores

Altman Z-Score -1.08
Piotroski F-Score 3