Canaan Inc. (ADR)
General ticker "CAN" information:
- Sector: Information Technology
- Industry: Technology Hardware, Storage & Peripherals
- Capitalization: $402.4M (TTM average)
Canaan Inc. (ADR) follows the US Stock Market performance with the rate: 17.4%.
Estimated limits based on current volatility of 3.0%: low 0.94$, high 1.00$
Factors to consider:
- Total employees count: 333 as of 2019
- Earnings for 18 months up through Q2 (+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 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [1.19$, 2.47$]
- 2024-12-30 to 2025-12-30 estimated range: [1.08$, 2.29$]
Financial Metrics affecting the CAN estimates:
- Positive: with PPE of -1.6 at the end of fiscal year the price was low
- Negative: negative Operating income
- Negative: Operating cash flow per share per price, % of -26.86 <= 0.33
- Negative: negative Net income
- Negative: negative Industry operating cash flow (median)
- Positive: Shareholder equity ratio, % of 70.58 > 63.39
- Positive: Interest expense per share per price, % of 0 <= 0.01
Short-term CAN quotes
Long-term CAN plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $651.53MM | $211.48MM | $269.32MM |
| Operating Expenses | $608.59MM | $622.36MM | $496.45MM |
| Operating Income | $42.94MM | $-410.88MM | $-227.13MM |
| Non-Operating Income | $45.40MM | $-54.61MM | $54.86MM |
| Interest Expense | $0.00MM | $0.00MM | $0.52MM |
| R&D Expense | $82.36MM | $64.84MM | $61.32MM |
| Income(Loss) | $88.33MM | $-465.49MM | $-172.27MM |
| Taxes | $18.45MM | $-51.34MM | $77.48MM |
| Profit(Loss)* | $69.37MM | $-414.15MM | $-249.75MM |
| Stockholders Equity | $607.67MM | $348.19MM | $266.25MM |
| Inventory | $213.20MM | $142.29MM | $94.62MM |
| Assets | $690.00MM | $493.30MM | $463.01MM |
| Operating Cash Flow | $-251.97MM | $-123.62MM | $-199.26MM |
| Capital expenditure | $17.88MM | $3.31MM | $19.30MM |
| Investing Cash Flow | $-4.50MM | $39.63MM | $60.97MM |
| Financing Cash Flow | $-54.28MM | $90.00MM | $139.75MM |
| Earnings Per Share** | $0.40 | $-2.41 | $-0.92 |
| Ordinary share to ADR | 0.07x | 0.07x | 0.07x |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.