XNASCAN
Market cap561mUSD
Dec 23, Last price
2.05USD
1D
-11.64%
1Q
118.55%
IPO
-77.17%
Name
Canaan Inc
Chart & Performance
P/E
—
P/S
39.80
EPS
—
Div Yield, %
0.00%
Shrs. gr., 5y
81.24%
Rev. gr., 5y
-39.94%
Revenues
211m
-67.78%
Net income
-414m
L
CFO
-124m
L-32.79%
Dividend
Nov 15, 20210.38 USD/sh
Earnings
Feb 25, 2025
Profile
Canaan Inc. engages in the research, design, and sale of integrated circuit (IC) final mining equipment products by integrating IC products for bitcoin mining and related components primarily in the People's Republic of China. It is also involved in the assembly and distribution of mining equipment and spare parts. The company has a strategic cooperation with Northern Data AG in the areas of artificial intelligence development, blockchain technology, and datacenter operations. Canaan Inc. was founded in 2013 and is based in Beijing, the People's Republic of China.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | |
| Income | |||||||
Revenues | 211,477 -67.78% | 656,317 -14.89% | 771,139 1,024.42% | ||||
Cost of revenue | 596,526 | 595,426 | 488,760 | ||||
Unusual Expense (Income) | |||||||
NOPBT | (385,049) | 60,890 | 282,380 | ||||
NOPBT Margin | 9.28% | 36.62% | |||||
Operating Taxes | (51,340) | 18,586 | |||||
Tax Rate | 30.52% | ||||||
NOPAT | (333,709) | 42,305 | 282,380 | ||||
Net income | (414,153) -688.30% | 70,398 -77.18% | 308,437 -1,036.07% | ||||
Dividends | |||||||
Dividend yield | |||||||
Proceeds from repurchase of equity | 67,850 | (60,405) | (19,997) | ||||
BB yield | -17.08% | 255.93% | 33.91% | ||||
| Debt | |||||||
Debt current | 1,216 | ||||||
Long-term debt | 1,636 | ||||||
Deferred revenue | 9,191 | ||||||
Other long-term liabilities | 516 | 11,337 | |||||
Net debt | (96,126) | (105,651) | (421,671) | ||||
| Cash flow | |||||||
Cash from operating activities | (123,620) | (183,945) | 201,858 | ||||
CAPEX | (3,312) | (17,875) | |||||
Cash from investing activities | 39,628 | ||||||
Cash from financing activities | 90,005 | (56,591) | 138,926 | ||||
FCF | (41,798) | (313,171) | 175,390 | ||||
| Balance | |||||||
Cash | 96,154 | 105,651 | 421,671 | ||||
Long term investments | 2,824 | ||||||
Excess cash | 88,404 | 72,835 | 383,114 | ||||
Stockholders' equity | (248,618) | 173,769 | 125,485 | ||||
Invested Capital | 607,938 | 541,353 | 431,720 | ||||
ROIC | 8.70% | 81.45% | |||||
ROCE | 9.91% | 50.68% | |||||
| EV | |||||||
Common stock shares outstanding | 2,579,203 | 171,859 | 171,744 | ||||
Price | 0.15 12.14% | 0.14 -60.00% | 0.34 -13.15% | ||||
Market cap | 397,197 1,582.89% | 23,602 -59.97% | 58,965 -4.62% | ||||
EV | 301,071 | (82,049) | (362,705) | ||||
EBITDA | (325,408) | 97,098 | 282,380 | ||||
EV/EBITDA | |||||||
Interest | |||||||
Interest/NOPBT | |||||||