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Technology - Computer Hardware - NASDAQ - SG
$ 2.01
5.79 %
$ 550 M
Market Cap
-1.5
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jan, 19, 2025.

The intrinsic value of one CAN stock under the worst case scenario is HIDDEN Compared to the current market price of 2.01 USD, Canaan Inc. is HIDDEN

This DCF valuation model was last updated on Jan, 19, 2025.

The intrinsic value of one CAN stock under the base case scenario is HIDDEN Compared to the current market price of 2.01 USD, Canaan Inc. is HIDDEN

This DCF valuation model was last updated on Jan, 19, 2025.

The intrinsic value of one CAN stock under the best case scenario is HIDDEN Compared to the current market price of 2.01 USD, Canaan Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS
FINANCIALS
211 M REVENUE
-67.78%
-411 M OPERATING INCOME
-949.95%
-414 M NET INCOME
-588.30%
-124 M OPERATING CASH FLOW
32.79%
39.6 M INVESTING CASH FLOW
585.48%
90 M FINANCING CASH FLOW
259.04%
73.6 M REVENUE
2.44%
-56.8 M OPERATING INCOME
-24.11%
-41.9 M NET INCOME
-6.49%
0 OPERATING CASH FLOW
0.00%
0 INVESTING CASH FLOW
0.00%
0 FINANCING CASH FLOW
0.00%
Balance Sheet Canaan Inc.
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Current Assets 364 M
Cash & Short-Term Investments 96.2 M
Receivables 58.4 M
Other Current Assets 209 M
Non-Current Assets 137 M
Long-Term Investments 2.82 M
PP&E 31.2 M
Other Non-Current Assets 103 M
Current Liabilities 135 M
Accounts Payable 6.24 M
Short-Term Debt 1.22 M
Other Current Liabilities 128 M
Non-Current Liabilities 9.92 M
Long-Term Debt 210 K
Other Non-Current Liabilities 9.71 M
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
RATIOS
-113.86% GROSS MARGIN
-113.86%
-194.29% OPERATING MARGIN
-194.29%
-195.84% NET MARGIN
-195.84%
-118.95% ROE
-118.95%
-83.96% ROA
-83.96%
-104.99% ROIC
-104.99%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Canaan Inc.
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Net Income -414 M
Depreciation & Amortization 59.6 M
Capital Expenditures -3.31 M
Stock-Based Compensation 42.1 M
Change in Working Capital 16.1 M
Others 372 M
Free Cash Flow -127 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 -0.50%
CAN Average Price Target Wall Street Target
2 USD -0.50%
CAN Highest Price Target Wall Street Target
2 USD -0.50%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0.38 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Canaan Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
7. News
Canaan Inc. Secures A15XP Order from New United States Customer SINGAPORE , Jan. 6, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that Canaan U.S. Inc., a wholly owned subsidiary of the Company, has entered into a purchase agreement with a new, strategic United States customer for its Avalon A15XP miners. According to the purchase agreement, Canaan U.S. Inc. will provide the customer with 2800 air-cooled Avalon A15XP miners that will be added to its large mining fleet. prnewswire.com - 2 weeks ago
Canadian Gold Resources (TSXV: CAN) Announces Closing of Non-Brokered Private Placement of Flow-Through Units and Non Flow-Through Units DIEPPE, New Brunswick, Jan. 02, 2025 (GLOBE NEWSWIRE) -- Further to its news release of December 18, 2024, Canadian Gold Resources Ltd. ("Canadian Gold" or the "Company") (TSXV: CAN) is pleased to announce it has closed a non-brokered private placement of flow through and non-flow through units (the “Offering”) for total gross proceeds of $2,345,000. The Company sold: globenewswire.com - 2 weeks ago
Canadian Gold Resources (TSXV: CAN) Announces Non-Brokered Private Placement of Flow-Through Units and Non Flow-Through Units DIEPPE, New Brunswick, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Canadian Gold Resources Ltd. ("Canadian Gold" or the "Company") (TSXV: CAN) is pleased to announce a non-brokered private placement (the “Offering”) of: globenewswire.com - 1 month ago
Canaan Inc. Signs Agreement with AGM Group Holdings Inc. Provides 2000 A15 Hydro Bitcoin mining machines in initial order Continues global expansion with addition of new customer SINGAPORE , Dec. 12, 2024 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that Canaan Creative Global Pte. Ltd. ("CCG"), a wholly owned Singapore subsidiary of the Company, has entered into a purchase agreement with AGM Group Holdings Inc. ("AGMH"), an integrated technology company specializing in fintech software services and production of high-performance hardware and computing equipment, for its Avalon A15 HydU 370T ("A15 Hydro") mining machines. prnewswire.com - 1 month ago
Canadian Gold Resources (TSXV: CAN) Commences Trading on the TSX Venture Exchange VANCOUVER, British Columbia, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Canadian Gold Resources Ltd. ("Canadian Gold" or the "Company") (TSXV: CAN) (formerly “Amseco Exploration Ltd.”) is pleased to announce that the common shares of the Company will officially commence trading on the TSX Venture Exchange (“TSXV”) under the trading symbol “CAN” and new CUSIP #13585U109, as of market open today, Thursday, December 12, 2024. globenewswire.com - 1 month ago
Canaan Inc. to Participate in Upcoming Investor Conferences SINGAPORE , Dec. 2, 2024 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that the Company will participate in the following investor conferences in December 2024. Canaan's management plans to host one-on-one meetings with institutional investors at the conferences. prnewswire.com - 1 month ago
Theralase(R) Release's 3Q2024 Financial Statements TORONTO, ON / ACCESSWIRE / November 27, 2024 / Theralase® Technologies Inc. (" Theralase® " or the " Company ") (TSXV:TLT)(OTCQB:TLTFF), a clinical stage pharmaceutical company dedicated to the research and development of light, radiation, sound and drug-activated small molecules and their formulations, intended for the safe and effective destruction of various cancers, bacteria and viruses has released the Company's unaudited condensed consolidated interim financial statements for the nine-month period ended September 30, 2024. (" Financial Statements "). accesswire.com - 1 month ago
Canaan Inc. Closes Series A-1 Preferred Shares Financing SINGAPORE , Nov. 26, 2024 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that it has closed the previously announced Series A-1 preferred shares financing (the "Preferred Shares Financing"), raising total gross proceeds of US$30 million.  On November 19, 2024, the Company entered into a securities purchase agreement ("Securities Purchase Agreement") with an institutional investor (the "Buyer"), pursuant to which the Company agreed to issue and sell to the Buyer 30,000 Series A-1 Convertible Preferred Shares (the "Preferred Shares") at the price of US$1,000.00 for each Preferred Share. prnewswire.com - 1 month ago
Should You Buy Canaan (CAN) After Golden Cross? From a technical perspective, Canaan Inc. Sponsored ADR (CAN) is looking like an interesting pick, as it just reached a key level of support. CAN's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world. zacks.com - 1 month ago
HIVE Digital expands Bitcoin mining capacity with purchase of 5,000 Canaan Avalon miners HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) has announced the purchase of 5,000 Avalon A15-194T ASIC miners from Canaan, enhancing its mining efficiency and operational capacity. This follows an earlier acquisition of 6,500 Avalon miners, bringing November's total orders to 11,500 units. proactiveinvestors.com - 1 month ago
Canaan: Q3 Earnings, Is The 'Digital Gold' Rush Coming? Canaan's Q3 earnings report beat analyst expectations for top line revenue but missed on EPADS. The company grew compute power sold by 92% year over and improved rate by 12%. Canaan's Avalon Nano 3 machine could conceivably generate increased interest from home miners if the psychological level of $100k BTC is breached. seekingalpha.com - 1 month ago
RETRANSMISSION: HIVE Digital Technologies Ltd. Orders 5,000 Canaan Avalon A15-194T ASIC Miners to Boost Global Mining Capacity This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated October 3, 2024 to its short form base shelf prospectus dated September 11, 2024. Vancouver, British Columbia--(Newsfile Corp. - November 21, 2024) - HIVE Digital Technologies Ltd. newsfilecorp.com - 1 month ago
8. Profile Summary

Canaan Inc. CAN

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COUNTRY SG
INDUSTRY Computer Hardware
MARKET CAP $ 550 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 445
Officers Ms. Zhang Xi Investor Relations Manager Ms. Lu Meng Secretary of the Board Mr. James Jin Cheng Chief Financial Officer Mr. Nangeng Zhang Chairman & Chief Executive Officer