canaan - CAN

CAN

Close Chg Chg %
0.50 0.09 17.67%

Closed Market

0.59

+0.09 (17.67%)

Volume: 26.63M

Last Updated:

Feb 6, 2026, 4:00 PM EDT

Company Overview: canaan - CAN

CAN Key Data

Open

$0.54

Day Range

0.53 - 0.60

52 Week Range

0.50 - 2.22

Market Cap

$313.73M

Shares Outstanding

540.91M

Public Float

N/A

Beta

2.85

Rev. Per Employee

N/A

P/E Ratio

N/A

EPS

-$0.67

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

20.30M

 

CAN Performance

1 Week
 
-13.25%
 
1 Month
 
-25.33%
 
3 Months
 
-50.43%
 
1 Year
 
-68.79%
 
5 Years
 
-90.20%
 

CAN Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 7
Full Ratings ➔

About canaan - CAN

Canaan, Inc. is a holding company, which engages in developing and selling Bitcoin mining machines and related services. It focuses on the development of green mining. The company was founded by Jia Xuan Li, Xiang Fu Liu and Nan Geng Zhang on January 19, 2013 and is headquartered in Singapore.

CAN At a Glance

Canaan, Inc.
28 Ayer Rajah Crescent
Singapore, Central Singapore 139959
Phone 65-6305-6618 Revenue 269.46M
Industry Semiconductors Net Income -249,877,270.17
Sector Electronic Technology 2024 Sales Growth 27.529%
Fiscal Year-end 12 / 2025 Employees 463
View SEC Filings

CAN Valuation

P/E Current N/A
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) N/A
Price to Sales Ratio 2.065
Price to Book Ratio 2.368
Price to Cash Flow Ratio N/A
Enterprise Value to EBITDA -2.501
Enterprise Value to Sales 1.807
Total Debt to Enterprise Value 0.055

CAN Efficiency

Revenue/Employee 581,985.069
Income Per Employee -539,691.728
Receivables Turnover 2.35
Total Asset Turnover 0.564

CAN Liquidity

Current Ratio 1.849
Quick Ratio 1.214
Cash Ratio 0.54

CAN Profitability

Gross Margin -33.282
Operating Margin -82.815
Pretax Margin -63.963
Net Margin -92.733
Return on Assets -52.259
Return on Equity -81.335
Return on Total Capital -85.245
Return on Invested Capital -80.136

CAN Capital Structure

Total Debt to Total Equity 10.094
Total Debt to Total Capital 9.168
Total Debt to Total Assets 5.804
Long-Term Debt to Equity 3.373
Long-Term Debt to Total Capital 3.063
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Canaan - CAN

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
773.21M 650.30M 211.29M 269.46M
Sales Growth
+1,092.10% -15.90% -67.51% +27.53%
Cost of Goods Sold (COGS) incl D&A
332.63M 423.12M 457.02M 359.14M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
4.43M 35.96M 59.59M 28.43M
Depreciation
4.43M 35.96M 59.59M 28.27M
Amortization of Intangibles
- - - 159.08K
-
COGS Growth
+444.62% +27.20% +8.01% -21.42%
Gross Income
440.58M 227.18M (245.73M) (89.68M)
Gross Income Growth
+11,538.33% -48.44% -208.17% +63.50%
Gross Profit Margin
+56.98% +34.93% -116.30% -33.28%
2021 2022 2023 2024 5-year trend
SG&A Expense
156.92M 171.43M 138.99M 133.47M
Research & Development
51.17M 80.28M 64.39M 59.45M
Other SG&A
105.75M 91.15M 74.60M 74.03M
SGA Growth
+286.82% +9.24% -18.93% -3.97%
Other Operating Expense
- - - -
-
Unusual Expense
(29.32M) 6.84M 95.87M (18.59M)
EBIT after Unusual Expense
312.97M 48.90M (480.58M) (204.57M)
Non Operating Income/Expense
4.95M 41.74M 15.49M 32.73M
Non-Operating Interest Income
1.18M 2.37M 955.17K 536.27K
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
- - - 521.26K
-
Interest Expense Growth
- - - -
-
Gross Interest Expense
- - - 521.26K
-
Interest Capitalized
- - - -
-
Pretax Income
317.92M 90.64M (465.09M) (172.36M)
Pretax Income Growth
+1,120.19% -71.49% -613.10% +62.94%
Pretax Margin
+41.12% +13.94% -220.12% -63.96%
Income Tax
7.77M 18.42M (51.30M) 77.52M
Income Tax - Current - Domestic
23.13M 32.35M (5.65M) 11.34M
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
(15.36M) (13.94M) (45.65M) 66.18M
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
310.15M 72.23M (413.79M) (249.88M)
Minority Interest Expense
- - - -
-
Net Income
310.15M 72.23M (413.79M) (249.88M)
Net Income Growth
+1,095.26% -76.71% -672.91% +39.61%
Net Margin Growth
+40.11% +11.11% -195.84% -92.73%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
310.15M 72.23M (413.79M) (249.88M)
Preferred Dividends
- - - -
-
Net Income Available to Common
310.15M 72.23M (413.79M) (249.88M)
EPS (Basic)
1.8449 0.4232 -2.4065 -0.9204
EPS (Basic) Growth
+1,025.69% -77.06% -668.64% +61.75%
Basic Shares Outstanding
168.11M 170.67M 171.95M 271.49M
EPS (Diluted)
1.8059 0.4203 -2.4065 -0.9204
EPS (Diluted) Growth
+1,006.12% -76.73% -672.57% +61.75%
Diluted Shares Outstanding
171.74M 171.86M 171.95M 271.49M
EBITDA
288.09M 91.70M (325.13M) (194.72M)
EBITDA Growth
+969.85% -68.17% -454.54% +40.11%
EBITDA Margin
+37.26% +14.10% -153.87% -72.26%

Snapshot

Average Recommendation BUY Average Target Price 2.907
Number of Ratings 7 Current Quarters Estimate -0.014
FY Report Date 03 / 2026 Current Year's Estimate 0.027
Last Quarter’s Earnings N/A Median PE on CY Estimate N/A
Year Ago Earnings -0.265 Next Fiscal Year Estimate -0.037
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 5 5 5 2
Mean Estimate -0.01 -0.01 0.03 -0.04
High Estimates 0.02 0.02 0.15 0.01
Low Estimate -0.04 -0.05 -0.15 -0.08
Coefficient of Variance -170.90 -419.16 458.15 -180.06

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 6 6 5
OVERWEIGHT 0 0 0
HOLD 1 1 1
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Buy Buy Buy

Canaan in the News