CAN - Canaan Inc.
NASDAQ
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Technology
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Computer Hardware
Beijing,
China
Type: Equity
CAN price evolution
CAN
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jul 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $96.15 | $40.57 | $71.97 | |
| Short term investments | $3.75 | |||
| Net receivables | $3 | $9.78 | $10.1 | |
| Inventory | $142.29 | $217.13 | $272.14 | $310.46 |
| Total current assets | $363.68 | $349.22 | $431.82 | $520.76 |
| Long term investments | $2.82 | $2.79 | $2.91 | |
| Property, plant & equipment | $31.16 | $36.3 | $53.38 | $72.4 |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | ||||
| Total investments | ||||
| Total assets | $493.3 | $464.12 | $538.45 | $633.7 |
| Current liabilities | ||||
| Accounts payable | $6.24 | $19.22 | $27.34 | $26.95 |
| Deferred revenue | ||||
| Short long term debt | $1.22 | $1.55 | $2.36 | |
| Total current liabilities | $135.19 | $90.89 | $110.09 | $82.99 |
| Long term debt | ||||
| Total noncurrent liabilities | ||||
| Total debt | ||||
| Total liabilities | $145.11 | $100.68 | $112.31 | $85.58 |
| Shareholders' equity | ||||
| Retained earnings | -$204.6 | -$65.72 | $14.38 | $125.05 |
| Other shareholder equity | -$43.88 | -$43.61 | -$51.27 | -$27.76 |
| Total shareholder equity | $348.19 | $363.44 | $548.12 | |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $96.15 | $707.26 | $2684.34 | $391.31 |
| Short term investments | $3.75 | $62.39 | ||
| Net receivables | $3 | $504.25 | $0.37 | $116.34 |
| Inventory | $142.29 | $1512.07 | $812.36 | $225.52 |
| Total current assets | $363.68 | $3994.63 | $5273.46 | $1007.21 |
| Long term investments | $2.82 | $20 | $20 | $0.03 |
| Property, plant & equipment | $31.16 | $627.59 | $216.49 | $26.61 |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | $4.47 | |||
| Total investments | ||||
| Total assets | $493.3 | $4870.08 | $5632.26 | $1036.38 |
| Current liabilities | ||||
| Accounts payable | $6.24 | $116.33 | $143.44 | $37.41 |
| Deferred revenue | ||||
| Short long term debt | $1.22 | $16.12 | $14.82 | $48.72 |
| Total current liabilities | $135.19 | $448.26 | $2085.1 | $592.48 |
| Long term debt | ||||
| Total noncurrent liabilities | $1.74 | |||
| Total debt | $7.77 | |||
| Total liabilities | $145.11 | $462.46 | $2173.57 | $603.82 |
| Shareholders' equity | ||||
| Retained earnings | -$204.6 | $1494.47 | $901.92 | -$1098.37 |
| Other shareholder equity | -$43.88 | -$4.84 | -$101.93 | -$79.78 |
| Total shareholder equity | $348.19 | $4235.73 | $3458.69 | $432.56 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jul 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $49.07 | $33.32 | $73.85 | $55.23 |
| Cost of revenue | $103.14 | $102.41 | $102.78 | |
| Gross Profit | -$54.07 | -$69.09 | -$70.08 | -$47.55 |
| Operating activities | ||||
| Research & development | $10.78 | $17.15 | $19.06 | |
| Selling, general & administrative | $21.95 | $24.4 | $19.06 | |
| Total operating expenses | $136.02 | $146.16 | $46.66 | $140.9 |
| Operating income | -$86.94 | -$112.85 | -$85.67 | |
| Income from continuing operations | ||||
| EBIT | ||||
| Income tax expense | -$23.1 | -$20.44 | -$5.46 | -$2.34 |
| Interest expense | $2.8 | |||
| Net income | ||||
| Net income | -$139.02 | -$80.1 | -$110.67 | -$84.37 |
| Income (for common shares) | -$139.02 | -$80.1 | -$84.37 | |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $211.48 | $4378.91 | $4986.71 | $447.69 |
| Cost of revenue | $452.26 | $2831.11 | $2135.96 | $409.92 |
| Gross Profit | -$240.78 | $1547.8 | $2850.74 | $37.76 |
| Operating activities | ||||
| Research & development | $64.84 | $546.64 | $332.85 | $136.17 |
| Selling, general & administrative | $79.42 | $643.49 | $689.57 | $143.84 |
| Total operating expenses | $601.23 | $4021.24 | $3158.38 | $701.57 |
| Operating income | -$389.76 | $357.67 | $1828.33 | -$253.88 |
| Income from continuing operations | ||||
| EBIT | ||||
| Income tax expense | -$51.34 | $124 | $50.11 | |
| Interest expense | $0.55 | |||
| Net income | ||||
| Net income | -$414.15 | $486.36 | $2000.28 | -$215.09 |
| Income (for common shares) | -$414.15 | $486.36 | $2000.28 | -$215.09 |
| (in millions $) | 31 Dec 2022 | 30 Oct 2022 | 30 Oct 2021 | 30 Jul 2021 |
|---|---|---|---|---|
| Net income | -$610.22 | |||
| Operating activities | ||||
| Depreciation | $97.09 | |||
| Business acquisitions & disposals | ||||
| Stock-based compensation | ||||
| Total cash flows from operations | -$1114.54 | |||
| Investing activities | ||||
| Capital expenditures | -$29.2 | |||
| Investments | ||||
| Total cash flows from investing | $9.94 | -$40.26 | ||
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | -$49.92 | |||
| Net borrowings | ||||
| Total cash flows from financing | -$49.92 | -$315.59 | ||
| Effect of exchange rate | $26.58 | $208.96 | ||
| Change in cash and equivalents | -$1295.4 | -$729.05 | ||
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | -$414.15 | $486.36 | $2000.28 | -$215.09 |
| Operating activities | ||||
| Depreciation | $242.12 | $11.01 | $11.85 | |
| Business acquisitions & disposals | ||||
| Stock-based compensation | ||||
| Total cash flows from operations | -$1696.7 | $1438.85 | $42.3 | |
| Investing activities | ||||
| Capital expenditures | -$95.13 | -$37.71 | -$2.18 | |
| Investments | ||||
| Total cash flows from investing | -$30.32 | $5.12 | -$49.58 | |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | $65.43 | -$321.22 | $971.64 | -$23.91 |
| Net borrowings | -$35 | -$65 | ||
| Total cash flows from financing | -$365.51 | $905.85 | -$111.94 | |
| Effect of exchange rate | $12.31 | $242.96 | -$13.92 | -$9.82 |
| Change in cash and equivalents | -$2024.44 | $2335.9 | -$129.04 | |
News
Fundamentals
| Market cap | $291.90M |
|---|---|
| Enterprise value | N/A |
| Shares outstanding | 304.38M |
| Revenue | $211.47M |
|---|---|
| EBITDA | N/A |
| EBIT | N/A |
| Net Income | -$414.16M |
| Revenue Q/Q | -87.48% |
| Revenue Y/Y | N/A |
| P/E ratio | -0.70 |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | 1.38 |
| P/B ratio | 0.74 |
| Book/Share | 1.29 |
| Cash/Share | 0.32 |
| EPS | -$1.36 |
|---|---|
| ROA | -77.79% |
| ROE | N/A |
| Debt/Equity | 0.42 |
|---|---|
| Net debt/EBITDA | N/A |
| Current ratio | 2.69 |
| Quick ratio | 1.64 |