image
Technology - Computer Hardware - NASDAQ - SG
$ 1.18
-9.92 %
$ 316 M
Market Cap
-0.95
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Mar, 3, 2025.

The intrinsic value of one CAN stock under the worst case scenario is HIDDEN Compared to the current market price of 1.18 USD, Canaan Inc. is HIDDEN

This DCF valuation model was last updated on Mar, 3, 2025.

The intrinsic value of one CAN stock under the base case scenario is HIDDEN Compared to the current market price of 1.18 USD, Canaan Inc. is HIDDEN

This DCF valuation model was last updated on Mar, 3, 2025.

The intrinsic value of one CAN stock under the best case scenario is HIDDEN Compared to the current market price of 1.18 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.
image
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.
image
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%
-99.65% ROIC
-99.65%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Canaan Inc.
image
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.
image
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 69.49%
CAN Average Price Target Wall Street Target
2 USD 69.49%
CAN Highest Price Target Wall Street Target
2 USD 69.49%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0.38 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Canaan Inc.
image
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. Announces January 2025 Bitcoin Production and Mining Operation Updates SINGAPORE , Feb. 19, 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 January 31, 2025. Management Commentary "In January, we made solid progress across all segments of our business, as we expanded our customer base, announced two Avalon Home consumer products, and advanced our self-mining capacity, leading to an increase in our bitcoin holdings," said Nangeng Zhang, chairman and chief executive officer of Canaan. prnewswire.com - 1 week ago
Canaan Inc. to Participate in the "Digital Assets 2025: To Bitcoin and Beyond," Virtual Conference Presented by Maxim Group LLC SINGAPORE , Feb. 10, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced that its director of business development, Christopher Crowell, will present at the "Digital Assets 2025: To Bitcoin and Beyond" virtual conference, presented by Maxim Group LLC, on Wednesday, February 12, 2025, at 8:30 a.m. EST.     As part of the "Digital Assets 2025: To Bitcoin and Beyond" virtual conference, Matthew Galinko, research analyst at Maxim Group, will sit down with Canaan and other companies in the digital asset ecosystem, including bitcoin miners, equipment providers, and corporate adopters of crypto as a treasury strategy. prnewswire.com - 3 weeks ago
Canaan (CAN) Upgraded to Buy: Here's What You Should Know Canaan (CAN) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy). zacks.com - 1 month ago
Canaan Inc. Announces December 2024 Bitcoin Production and Mining Operation Updates and Provides FY2025 Financial Guidance Expects total revenues for FY2025 in the range of US$900 million to US$1.1 billion SINGAPORE , Jan. 21, 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 December 31, 2024, and provided financial guidance for fiscal year 2025. Management Commentary "Since the beginning of the fourth quarter of 2024, we have made considerable progress in expanding our market presence, strengthening partnerships and advancing our self-mining operations, while steadily increasing our bitcoin holdings on our balance sheet," said Nangeng Zhang, chairman and chief executive officer of Canaan. prnewswire.com - 1 month ago
Canadian Gold Resources (TSXV: CAN) Engages Alliance Advisors IR for Investor Relations Services and Retains Integral Wealth Securities as Market Maker DIEPPE, New Brunswick, Jan. 20, 2025 (GLOBE NEWSWIRE) -- Canadian Gold Resources Ltd. ("Canadian Gold" or the "Company") (TSXV: CAN), Canadian exploration company focused on developing high-grade gold projects in the Gaspé Gold Belt of Quebec, is pleased to announce it has entered into an investor relations agreement (the “Alliance Agreement”) with Alliance Advisors Investor Relations (“Alliance”) and has retained Integral Wealth Securities Limited (“Integral”) to provide market-making services (the “Integral Agreement”) in accordance with TSX Venture Exchange (“TSXV”) policies. The partnerships aim to enhance Canadian Gold's communication with the investment community and increase visibility within the resource sector. globenewswire.com - 1 month ago
Why Bitcoin and Related Stocks Soared on Friday Many stocks and funds in the cryptocurrency sphere soared on Friday. The classic Bitcoin (BTC 4.52%) cryptocurrency gained as much as 5.3%, as measured from Thursday's market close, boosting a wide range of closely related investments in the process. fool.com - 1 month ago
Canaan Introduces Revolutionary Bitcoin Mining Heaters for Home and Personal Use in CES 2025 LAS VEGAS , Jan. 7, 2025 /PRNewswire/ -- Canaan INC (NASDAQ: CAN), a leading blockchain hardware manufacturer, today announced the launch of the Avalon Mini 3 and Nano 3S in Las Vegas, CES . The two innovative Bitcoin mining devices are designed to democratize cryptocurrency mining for individuals and turning a home heating system into a crypto mining device. prnewswire.com - 1 month ago
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 - 1 month 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 months 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 - 2 months 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 - 2 months 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 - 2 months ago
8. Profile Summary

Canaan Inc. CAN

image
COUNTRY SG
INDUSTRY Computer Hardware
MARKET CAP $ 316 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 Mr. Nangeng Zhang Chairman & Chief Executive Officer Ms. Zhang Xi Investor Relations Manager Mr. James Jin Cheng Chief Financial Officer Ms. Lu Meng Secretary of the Board