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Technology - Computer Hardware - NASDAQ - CN
$ 1.65
11.5 %
$ 452 M
Market Cap
-1.06
P/E
INCOME STATEMENT
211 M REVENUE
-67.78%
-411 M OPERATING INCOME
-949.95%
-414 M NET INCOME
-588.30%
EFFICIENCY
Earnings Waterfall Canaan Inc.
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Revenue 211 M
Cost Of Revenue 452 M
Gross Profit -241 M
Operating Expenses 170 M
Operating Income -411 M
Other Expenses 3.27 M
Net Income -414 M

Income Statement

Millions
Dec-2023 Dec-2022 Dec-2021 Dec-2020 Dec-2019 Dec-2018 Dec-2017
REVENUE
Revenue 211.5 656.3 771.1 68.6 1 422.6 2 705.3 1 308.1
GROSS PROFIT
Cost Of Revenue 452.3 424.3 330.3 62.8 1 938.6 2 197.2 703.7
Gross Profit (240.8) 232.0 440.8 5.8 (516.0) 508.1 604.4
OPERATING INCOME
Operating Expenses 170.1 145.4 125.8 39.6 505.4 262.2 209.3
Selling, General and Administrative Expenses 79.4 98.4 106.4 23.2 369.6 185.4 146.0
Research and Development Expenses 64.8 82.4 52.1 21.5 169.0 189.7 99.8
Operating Income (410.9) 43.3 282.4 (38.9) (1 053.3) 243.3 397.4
PRE-TAX INCOME
Interest Income Expense 0 0 0 0.5 2.9 7.7 0
Total Other Income (54.6) 46.0 33.8 5.9 904.7 9.8 345.9
Pre-Tax Income (465.5) 89.0 316.2 (33.0) (1 034.5) 200.2 401.0
NET INCOME
Tax Provision (51.3) 18.6 7.7 0 0 77.8 25.2
Net Income (414.2) 70.4 308.4 (33.0) (1 034.5) 122.4 375.8
EPS 2.41 0.412 1.83 0.211 7.21 0.93 2.86