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    Industrial - Machinery
Zhejiang Canaan Technology Limited

Zhejiang Canaan Technology Limited

300412.SZ
Zhejiang Canaan Technology LimitedCN flagShenzhen Stock Exchange
4.38
CNY
-0.18
- -
2.18BMarket Cap

Total Valuation

Zhejiang Canaan Technology Limited carries a market capitalization of 2.18B, placing it among publicly traded companies globally. Its enterprise value stands at 2.70B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap2.18B
Enterprise Value2.70B

Share Statistics

Zhejiang Canaan Technology Limited currently has 497.76M shares outstanding.

Shares Outstanding497.76M
Owned by Insiders (%)N/A
Owned by Institutions (%)N/A

Valuation Ratios

Zhejiang Canaan Technology Limited trades at a trailing price-to-earnings ratio of 79.19. The price-to-sales ratio is 1.80, and the price-to-book ratio stands at 4.00.

PE Ratio79.19
PS Ratio1.80
PB Ratio4.00
P/TBV Ratio2.64
P/FCF Ratio79.65
P/OCF RatioN/A

Enterprise Valuation

On an enterprise value basis, Zhejiang Canaan Technology Limited trades at an EV/EBITDA multiple of 41.58 and an EV/FCF ratio of 59.74. The EV/Sales ratio of 1.94 reflects the premium investors are willing to pay for the company's revenue stream, while the EV/EBIT multiple of 41.58 provides insight into valuation relative to core operating earnings.

EV / Sales1.94
EV / EBITDA41.58
EV / EBIT41.58
EV / FCF59.74

Financial Position

Zhejiang Canaan Technology Limited maintains a current ratio of 1.41, meaning it holds 1.4x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 46.66, indicating elevated leverage, while an interest coverage ratio of 4.19 demonstrates adequate ability to service its debt obligations.

Current Ratio1.41
Quick Ratio0.31
Debt / Equity46.66
Debt / EBITDA7.69
Interest Coverage4.19

Financial Efficiency

Zhejiang Canaan Technology Limited posts a return on equity of 5.04 and a return on invested capital of 3.78.

Return on Equity (ROE)5.04
Return on Assets (ROA)1.28
Return on Invested Capital (ROIC)3.78
Return on Capital Employed (ROCE)3.94
Revenue Per EmployeeN/A
Employee CountN/A
Inventory Turnover1.29

Taxes

Over the trailing twelve months, Zhejiang Canaan Technology Limited has paid 4.14M in income taxes, reflecting an effective tax rate of 11.65.

Income Tax4.14M
Effective Tax Rate11.65

Stock Price Statistics

Zhejiang Canaan Technology Limited's stock has declined approximately -14.95146% over the past 52 weeks. The 50-day moving average sits at 4.80, while the 200-day moving average is 5.36.

Beta (5Y)N/A
52-Week Price Change-14.95146%
50-Day Moving Average4.80
200-Day Moving Average5.36
Average Volume (20 Days)N/A

Income Statement

Over the trailing twelve months, Zhejiang Canaan Technology Limited generated 1.39B in revenue and converted that into 31.67M in net income, yielding earnings per share of 0.06. EBITDA reached 64.88M, while operating income came in at 64.88M.

Revenue1.39B
Gross Profit322.27M
Operating Income64.88M
Pretax Income35.50M
Net Income31.67M
EBITDA64.88M
EBIT64.88M
Earnings Per Share (EPS)0.06

Balance Sheet

Zhejiang Canaan Technology Limited holds 348.43M in cash and equivalents against 498.66M in total debt, resulting in a net debt position of 216.03M. Total book value stands at 627.75M, with working capital of 458.71M providing operational flexibility.

Cash & Cash Equivalents348.43M
Total Debt498.66M
Net Debt216.03M
Equity (Book Value)627.75M
Book Value Per Share1.27
Working Capital458.71M

Cash Flow

After subtracting -31.49M in capital expenditures, free cash flow totaled -31.49M - equivalent to -0.06 per share.

Operating Cash FlowN/A
Capital Expenditures-31.49M
Free Cash Flow-31.49M
FCF Per Share-0.06

Margins

Zhejiang Canaan Technology Limited operates with a gross margin of 23.18, reflecting its pricing power and cost economics. The operating margin of 4.67 and net profit margin of 2.28 provide insight into operational efficiency.

Gross Margin23.18
Operating Margin4.67
Pretax Margin2.55
Profit Margin2.28
EBITDA Margin4.67

Dividends & Yields

The company's payout ratio of 149.88 indicates the proportion of earnings distributed to shareholders.

Dividend Per Share0.09
Dividend YieldN/A
Payout Ratio149.88
Shareholder Yield1.31
FCF Yield1.26

Stock Splits

Zhejiang Canaan Technology Limited's most recent stock split took place on June 9, 2022 with a 10:17 split ratio.

Last Split Date6/9/2022
Split Ratio10:17

Scores

Zhejiang Canaan Technology Limited posts an Altman Z-Score of 2.20, near the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score2.20