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Technology - Computer Hardware - NASDAQ - SG
$ 0.6086
-2.86 %
$ 175 M
Market Cap
-0.59
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jun, 21, 2025.

The intrinsic value of one CAN stock under the worst case scenario is HIDDEN Compared to the current market price of 0.609 USD, Canaan Inc. is HIDDEN

This DCF valuation model was last updated on Jun, 21, 2025.

The intrinsic value of one CAN stock under the base case scenario is HIDDEN Compared to the current market price of 0.609 USD, Canaan Inc. is HIDDEN

This DCF valuation model was last updated on Jun, 21, 2025.

The intrinsic value of one CAN stock under the best case scenario is HIDDEN Compared to the current market price of 0.609 USD, Canaan Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart CAN

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$2.4$2.4$2.2$2.2$2.0$2.0$1.8$1.8$1.6$1.6$1.4$1.4$1.2$1.2$1.0$1.0$0.8$0.8$0.6$0.6$0.4$0.4Jan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '2515 Jun15 Jun
FINANCIALS
269 M REVENUE
27.35%
-227 M OPERATING INCOME
44.72%
-250 M NET INCOME
39.70%
-199 M OPERATING CASH FLOW
-61.19%
61 M INVESTING CASH FLOW
53.86%
140 M FINANCING CASH FLOW
55.27%
88.8 M REVENUE
20.59%
-55.6 M OPERATING INCOME
2.12%
-92.9 M NET INCOME
100.00%
-29.8 M OPERATING CASH FLOW
49.77%
17.3 M INVESTING CASH FLOW
0.00%
30 M FINANCING CASH FLOW
0.00%
Balance Sheet Canaan Inc.
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Current Assets 334 M
Cash & Short-Term Investments 96.5 M
Receivables 115 M
Other Current Assets 123 M
Non-Current Assets 129 M
Long-Term Investments 2.78 M
PP&E 43.7 M
Other Non-Current Assets 82.6 M
20.84 %24.76 %26.54 %9.43 %17.83 %Total Assets$463.0m
Current Liabilities 179 M
Accounts Payable 14 M
Short-Term Debt 86 M
Other Current Liabilities 78.6 M
Non-Current Liabilities 18.2 M
Long-Term Debt 8.98 M
Other Non-Current Liabilities 9.21 M
7.10 %43.71 %39.94 %4.56 %4.68 %Total Liabilities$196.8m
EFFICIENCY
Earnings Waterfall Canaan Inc.
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Revenue 269 M
Cost Of Revenue 354 M
Gross Profit -84.3 M
Operating Expenses 143 M
Operating Income -227 M
Other Expenses 22.6 M
Net Income -250 M
300m300m200m200m100m100m00(100m)(100m)(200m)(200m)(300m)(300m)269m(354m)(84m)(143m)(227m)(23m)(250m)RevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
-31.31% GROSS MARGIN
-31.31%
-84.33% OPERATING MARGIN
-84.33%
-92.73% NET MARGIN
-92.73%
-93.80% ROE
-93.80%
-53.94% ROA
-53.94%
-88.89% ROIC
-88.89%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Canaan Inc.
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200m200m150m150m100m100m50m50m00(50m)(50m)(100m)(100m)(150m)(150m)(200m)(200m)(250m)(250m)(300m)(300m)2018201820192019202020202021202120222022202320232024202420252025
Net Income -250 M
Depreciation & Amortization 28.4 M
Capital Expenditures -19.3 M
Stock-Based Compensation 30.9 M
Change in Working Capital -104 M
Others 40 M
Free Cash Flow -219 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Canaan Inc.
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Wall Street analysts predict an average 1-year price target for CAN of $2 , with forecasts ranging from a low of $2 to a high of $2 .
CAN Lowest Price Target Wall Street Target
2 USD 228.62%
CAN Average Price Target Wall Street Target
2 USD 228.62%
CAN Highest Price Target Wall Street Target
2 USD 228.62%
Price
Max Price Target
Min Price Target
Average Price Target
44333322221111Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26Jun '26Jun '26Jul '26Jul '26
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0.38 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
0.400.400.350.350.300.300.250.250.200.200.150.150.100.100.050.050.000.000.380.3820212021
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5. COMPETITION
slide 2 of 12
6. Ownership
Insider Ownership Canaan Inc.
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Sold
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Bought
0 USD 0
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9-12 MONTHS
7. News
Canadian Gold Resources Advances Bulk Sample Program Preparation and Discovers New Vein Structure at Lac Arsenault Dieppe, New Brunswick--(Newsfile Corp. - June 12, 2025) - Canadian Gold Resources Inc. (TSXV: CAN) ("Canadian Gold" or the "Company") is pleased to report the completion of key site preparation activities at its 100%-owned Lac Arsenault Gold Project, located in the Gaspé region of Quebec. As part of preparations for the upcoming bulk sample program, Company crews have conducted surface washing of outcrop exposures at both the Mersereau and Baker Veins to further delineate mineralized structures and optimize the bulk sampling plan. newsfilecorp.com - 3 weeks ago
Canaan Inc. Provides May 2025 Bitcoin Production and Mining Operation Updates SINGAPORE , June 10, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today released its unaudited bitcoin mining update for the month ending May 31, 2025. Management Commentary "In May 2025, despite the 10% increase in tariffs on our Malaysia-made Bitcoin mining machines due to ongoing U.S. trade uncertainties, we remained focused on executing our strategic priorities with discipline and agility," said Nangeng Zhang, chairman and chief executive officer of Canaan. prnewswire.com - 3 weeks ago
Canaan Inc. Announces Share Purchases by Chief Executive Officer and Chief Financial Officer SINGAPORE , June 9, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced that its chairman and chief executive officer, Nangeng Zhang, and its chief financial officer, James Jin Cheng , had purchased additional shares of the Company's stock in the open market. Such transactions complied with the Company's internal trading policy as well as relevant laws and regulations. prnewswire.com - 3 weeks ago
Canaan Inc. Announces Up to US$30 Million Share Repurchase Program SINGAPORE , May 27, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced that its board of directors (the "Board") has authorized a share repurchase program under which the Company may repurchase up to US$30 million worth of its outstanding (i) American depositary shares ("ADSs"), each representing 15 Class A ordinary shares, and/or (ii) Class A ordinary shares, over the next six months starting from May 27, 2025. Nangeng Zhang, chairman and chief executive officer of Canaan, commented, "In light of the recent market conditions, we believe that our shares are trading at levels that materially undervalue the strength of our business model and long-term growth potential. prnewswire.com - 1 month ago
Canadian Gold Resources (CAN) Files for Acceptance of IR Contract Dieppe, New Brunswick--(Newsfile Corp. - May 23, 2025) - Canadian Gold Resources Ltd. (TSXV: CAN) ("Canadian Gold" or the "Company"), a Canadian exploration company focused on developing high-grade gold projects in the Gaspé Gold Belt of Quebec, announces that it has filed for acceptance by the TSX Venture Exchange (the "Exchange") an investor relations contract with Fidel Thomas of Vancouver, B.C. newsfilecorp.com - 1 month ago
Canadian Gold Resources Ltd. Finalizes Bulk Sample Extraction Schematics and Procedures for Bulk Sample Program at Lac Arsenault Project, Quebec Dieppe, New Brunswick--(Newsfile Corp. - May 22, 2025) - Canadian Gold Resources Ltd. (TSXV: CAN) ("Canadian Gold" or the "Company") is pleased to announce that it has finalized the bulk sample extraction schematics and procedures for a bulk sampling program at its 100%-owned Lac Arsenault Gold Project, located in the Gaspé region of eastern Quebec. newsfilecorp.com - 1 month ago
Canaan Inc. (CAN) Q1 2025 Earnings Call Transcript Canaan Inc. (NASDAQ:CAN ) Q1 2025 Earnings Conference Call May 20, 2025 8:00 AM ET Company Participants Gwyn Lauber - Investor Relations Director Nangeng Zhang - Chairman and CEO James Cheng - CFO Conference Call Participants Kevin Cassidy - Rosenblatt Securities Michael Donovan - H.C. Wainwright Mike Grondahl - Northland Securities Bill Papanastasiou - KBW Nick Giles - B. seekingalpha.com - 1 month ago
Canaan (CAN) Reports Q1 Loss, Lags Revenue Estimates Canaan (CAN) came out with a quarterly loss of $0.27 per share versus the Zacks Consensus Estimate of a loss of $0.15. This compares to loss of $0.16 per share a year ago. zacks.com - 1 month ago
Canaan Inc. Reports Unaudited First Quarter 2025 Financial Results Total revenues of US$82.8 million exceeded guidance, up 135.9% YoY Bitcoin mining revenues reached US$24.3 million, up 131.9% YoY SINGAPORE , May 20, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced its unaudited financial results for the three months ended March 31, 2025. First Quarter 2025 Operating and Financial Highlights Total revenues were US$82.8 million, which beat the guidance of US$75 million and increased 135.9% year-over-year. prnewswire.com - 1 month ago
Canaan Inc. Receives Nasdaq Notification Regarding Minimum Bid Requirements SINGAPORE , May 16, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced that on May 13, 2025, it received a written notice (the "Notice") from the Nasdaq Stock Market LLC ("Nasdaq") indicating that the Company was not in compliance with Nasdaq Listing Rule 5550(a)(2), as the closing bid price of its American depositary shares (the "ADSs") was below US$1.00 per share for the last 30 consecutive business days. The Nasdaq notification letter has no immediate effect on the listing or trading of the Company's securities on Nasdaq. prnewswire.com - 1 month ago
Canaan Inc. Provides April 2025 Bitcoin Production and Mining Operation Updates SINGAPORE , May 14, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today released its unaudited bitcoin mining update for the month ending April 30, 2025. Management Commentary "Our April production metrics demonstrate our ability to maintain a cost-effective mining operation on a global scale, as we expand our footprint and grow our bitcoin holdings," said Nangeng Zhang, chairman and chief executive officer of Canaan. prnewswire.com - 1 month ago
Canaan Inc. to Report First Quarter 2025 Financial Results on May 20, 2025 SINGAPORE , May 12, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced that it plans to report its financial results for the first quarter ended March 31, 2025, before the U.S. market opens on May 20, 2025. The Company's management team will hold a conference call at 8:00 A.M. prnewswire.com - 1 month ago
8. Profile Summary

Canaan Inc. CAN

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COUNTRY SG
INDUSTRY Computer Hardware
MARKET CAP $ 175 M
Dividend Yield 0.00%
Description Canaan Inc. engages in the research, 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 artificial intelligence products, as well as mining business. The company has operations in the United States, Australia, Kazakhstan, Canada, Indonesia, Mainland China, Malaysia, Thailand, Cyprus, and internationally. Canaan Inc. was founded in 2013 and is headquartered in Singapore.
Contact 28 Ayer Rajah Crescent #06-08, Singapore, 139959 https://investor.canaan-creative.com
IPO Date Nov. 20, 2019
Employees 463
Officers Ms. Zhang Xi Investor Relations Manager Mr. Nangeng Zhang Chairman & Chief Executive Officer Ms. Lu Meng Secretary of the Board Mr. James Jin Cheng Chief Financial Officer