Canaan Inc. (CAN)

AI-powered earnings prediction for Canaan Inc. (CAN).

0.46
-1.30%
USD, 2 days ago
Market Cap
335.11M
Google

Company Overview

Canaan Inc. engages in the research and development, design, and sale of integrated circuits (IC), and lease of final mining equipment by integrating IC products for bitcoin mining and related components in the People's Republic of China. It is also involved in the assembly and distribution of mining equipment and spare parts; and distribution of edge computing chip products, as well as mining business. The company has operations in the United States, Mainland China, the United Arab Emirates, Ethiopia, Hong Kong Special Administrative Region, Malaysia, Kazakhstan, Canada, Netherlands, Singapore, Georgia, Paraguay, Thailand, Indonesia, Australia, Cyprus, and internationally. Canaan Inc. was founded in 2013 and is headquartered in Singapore.

Sector
Technology
Industry
Computer Hardware
Phone
65 6305 6618
Headquarters
28 Ayer Rajah Crescent #06-08
Singapore, 139959
Singapore

Key Metrics

Forward P/E
74.06
Price to Book
0.75
Beta
2.55
Profit Margin
-39.69%
Gross Margin
7.77%
Return on Equity
-59.77%
Return on Assets
-12.15%
Earnings Growth
N/A
Revenue Growth
121.10%

Financial Health

Total Cash
$80.78M
Total Debt
$54.90M
Debt to Equity
12.55
Current Ratio
3.31

Analyst Recommendations

Target Price (Mean)
$2.12
Target High
$3.00
Target Low
$1.50
Recommendation
strong_buy
Analyst Coverage
7 Analysts

Trading Ideas

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Canaan Inc. (CAN) Earnings Prediction - AI Forecast | TradAdvisor