Canaan Inc. (ADR)

General ticker "CAN" information:

  • Sector: Information Technology
  • Industry: Computer Hardware
  • Capitalization: $459.5M (TTM average)

Canaan Inc. (ADR) does not follow the US Stock Market performance with the rate: -5.8%.

Estimated limits based on current volatility of 4.6%: low 0.28$, high 0.30$

Factors to consider:

  • Total employees count: 333 as of 2019
  • Current price 72.9% below estimated low
  • Earnings for 15 months up through Q1 (+1 year) are below our estimates

Stock Forecast*

* forecast is subjective and experimental, should not be used for any investment decisions

Long term estimates were made for the period from 2024-12-31 to 2026-12-31

  • 2024-12-31 to 2025-12-31 estimated range: [1.23$, 3.31$]
  • 2025-12-31 to 2026-12-31 estimated range: [1.00$, 2.74$]

Financial Metrics affecting the CAN estimates:

  • Positive: with PPE of -2.6 at the end of fiscal year the price was neutral
  • Negative: negative Operating cash flow
  • Negative: negative Operating income
  • Negative: negative Net income
  • Positive: 42.57 < Shareholder equity ratio, % of 57.50 <= 64.23
  • Positive: Investing cash flow per share per price, % of 9.64 > -0.60
  • Positive: Interest expense per share per price, % of 0.08 <= 0.74

Similar symbols

Short-term CAN quotes

Long-term CAN plot with estimates

Financial data

YTD 2023-12-31 2024-12-31
Operating Revenue $211.48MM $269.32MM
Operating Expenses $622.36MM $496.45MM
Operating Income $-410.88MM $-227.13MM
Non-Operating Income $-54.61MM $54.86MM
Interest Expense $0.00MM $0.52MM
R&D Expense $64.84MM $61.32MM
Income(Loss) $-465.49MM $-172.27MM
Taxes $-51.34MM $77.48MM
Net Income(Loss)* $-414.15MM $-249.75MM
Stockholders Equity $348.19MM $266.25MM
Inventory $142.29MM $94.62MM
Assets $493.30MM $463.01MM
Operating Cash Flow $-123.62MM $-199.26MM
Capital expenditure $3.31MM $19.30MM
Investing Cash Flow $39.63MM $60.97MM
Financing Cash Flow $90.00MM $139.75MM
Earnings Per Share** $-2.41 $-0.92
Ordinary share to ADR 1.00x 1.00x

* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.