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Canaan Inc (CAN)

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1.050 -0.120    -10.26%
17/05 - Closed. Currency in USD ( Disclaimer )
Pre Market
1.070
+0.020
+1.905%
12:29:52 - Real-time Data
  • Volume: 11,963,454
  • Bid/Ask: 0.000 / 0.000
  • Day's Range: 1.040 - 1.290
Type:  Equity
Market:  United States
Canaan 1.050 -0.120 -10.26%

NASDAQ:CAN Financials

 
This summary provides an overview of the most significant critical numbers from each of the Canaan Inc financial reports, including theCanaan Inc income statement, balance sheet, and cash flow statement. Additionally, it features several financial ratios that provide insight into the company's financial health.

Investors can select to view data from four periods of either annual or quarterly information, allowing them to track the NASDAQ:CAN financials over time via breakdowns of their annual reports.

Canaan Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported revenue was USD 35.09 million compared to USD 55.23 million a year ago. Net loss was USD 39.39 million compared to USD 84.37 million a year ago. Basic loss per share from continuing operations was USD 0.159 compared to USD 0.5055 a year ago. Diluted loss per share from continuing operations was USD 0.159 compared to USD 0.5055 a year ago.

AnnualQuarterly  
Advanced Financial Summary
TTM = Trailing Twelve Months
MRQ = Most Recent Quarter

CAN Income Statement & Profits

Gross margin TTM -120.5%
Operating margin TTM -194.49%
Net Profit margin TTM -192.95%
Return on Investment TTM -71.6%
 Total Revenue  Net Income
Period Ending: Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023
Total Revenue 104.3 33.32 18.62
Gross Profit -101.62 -69.09 -22.53
Operating Income -157.81 -112.85 -33.44
Net Income -223.38 -80.1 -26.3

CAN Balance Sheet

Quick Ratio MRQ 0.51
Current Ratio MRQ 2.9
LT Debt to Equity MRQ -
Total Debt to Equity MRQ 0.91%
 Total Assets  Total Liabilities
Period Ending: Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023
Total Assets 534.12 493.3 464.12 538.45
Total Liabilities 145.11 100.68 112.31
Total Equity 348.19 363.44 426.14

%ENGLISH_NAME% Latest Cash Flow Statement

Cash Flow/Share TTM -0.53
Revenue/Share TTM 0.82
Operating Cash Flow  -
 Cash  Net Change in Cash
Period Ending: Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023
Period Length: 0 Months 0 Months 0 Months 0 Months
Cash From Operating Activities
Cash From Investing Activities
Cash From Financing Activities
Net Change in Cash
* In Millions of USD (except for per share items)
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CAN Price Commentary

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Steen Mortensen
Steen Mortensen Mar 23, 2023 16:02
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How come CAN is only up 4% today when MARA and RIOT is up more then 10% compare the revenue . CAN is 4.38b only mining company making money
Fred Bloggs
Fred Bloggs Apr 08, 2022 5:19
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Buy and hold
Benefattore DiVerona
Benefattore DiVerona Jul 02, 2021 16:12
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Just bring it private. It's trading at 1 time sales...
Nathan Wong
Nathan Wong Jun 03, 2021 10:28
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😪
Tom James
Tom James Mar 10, 2021 14:38
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made a nice profit but this is a short term hold
Marco Benvenuto
Marco Benvenuto Mar 10, 2021 14:38
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Why?
Daniel DAquino
Daniel DAquino Mar 10, 2021 0:25
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Worth a buy in tomorrow?
Asthra Nick
Asthra Nick Mar 10, 2021 0:25
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Agreed
Stefan Alder
Stefan Alder Mar 09, 2021 21:32
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Next stop 36 🤷‍♂️
Asthra Nick
Asthra Nick Mar 09, 2021 21:32
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$41
Asthra Nick
Asthra Nick Mar 09, 2021 21:32
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or more. That's my hope
Vincent Desmond
Vincent Desmond Mar 01, 2021 18:52
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Please Stefan can you tell me why you think the share price will hit 28. I have been watching the stock price for a number of weeks now. I would be grateful for any feedback.
Stefan Alder
Stefan Alder Mar 01, 2021 17:54
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Next stop 28
Rx Rx
Rx Rx Feb 12, 2021 7:38
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long term buy
 
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