1. Singapore Stocks

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    Technology

  3. •

    Computer Hardware
Canaan Inc.

Canaan Inc.

CAN
Canaan Inc.US flagNASDAQ Global Market
0.36
USD
-0.03
- -
169.06MMarket Cap
Canaan Inc.
CAN
(NASDAQ Global Market)

Recent

price

0.36

P/E

ratio

- -

div

yld

- -

ROIC.AI

2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
1.52
2.49
1.42
0.44
4.6
3.82
1.23
0.99
1.13
0.91
Revenue per Share
0.44
0.11
-1.03
-0.21
1.84
0.41
-2.41
-0.92
-0.45
-0.38
Basic EPS, GAAP
0.09
-0.03
-0.29
0.04
1.17
-1.17
-0.74
-0.81
-0.66
- -
Free Cash Flow per Basic Share
- -
4.38
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.06
0.01
0.04
0.03
0.21
0.24
0.1
0.05
0.04
0.04
Book Value per Share
0.06
0.01
0.04
0.03
0.21
0.24
0.1
0.05
0.04
0.04
Tangible Book Value per Share
131
158
144
156
168
171
172
271
469
561
Basic Weighted Avg Shares
200
393
203
69
773
652
211
269
530
510
Sales/Revenue/Turnover
30.38
8.99
-74.04
-56.71
36.62
7.8
-182.08
-82.82
-19.56
-23.55
Operating Margin (%)
1
2
5
5
2
34
60
28
48
- -
Depreciation Expense
58
18
-148
-33
309
70
-414
-250
-210
-213
Net Income, GAAP
6.27
38.86
- -
- -
2.45
20.89
- -
- -
- -
- -
Effective Tax Rate (%)
28.73
4.53
-72.72
-48.05
40
10.73
-195.84
-92.73
-39.69
-41.71
Profit Margin (%)
128
30
94
63
500
480
228
155
302
249
Working Capital
- -
- -
2
1
3
1
- -
9
25
34
LT Debt
131
35
99
66
543
608
348
266
437
382
Total Equity
- -
13.1
- -
- -
79.47
6.48
- -
- -
- -
- -
Return on Invested Capital (%)
- -
14.12
- -
- -
99.13
12.06
- -
- -
- -
- -
Return on Capital (%)
- -
21.4
-220.6
-39.85
101.54
12.15
-86.66
-81.29
-59.77
-67.86
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
92
30
23
LT Borrowings
- -
24
33
LT Finance Leases
1
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
8,425
10,376
10,835
Market Capitalization
52,893
50,081
32,280

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
517
433
356
Cash, Cash Equivalents & STI
119
81
43
Accounts Receivable, Net
7
19
52
Inventories
202
181
139
Total Current Liabilities
279
131
106
Payables & Accruals
100
70
76
ST Debt
92
30
23
Deferred Revenue
87
15
8

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
145.92%
64.27%
Free Cash Flow
- -
595.35%
41.03%
Net Income, GAAP
- -
-372.87%
-15.81%
Sales/Revenue/Turnover
- -
213.71%
96.69%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
35
72
74
89
269
2025
83
100
150
196
530
2026
63
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.16
-0.15
-0.27
-0.33
-0.92
2025
-0.27
-0.03
-0.05
-0.13
-0.45
2026
-0.13
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Canaan Inc. is a leading technology company specializing in the design and manufacture of high-performance computing equipment, with a primary focus on cryptocurrency mining and artificial intelligence applications. Founded in 2013 and headquartered in Singapore, the company operates manufacturing and service facilities in mainland China, Malaysia, and the United States, serving customers globally across 21 countries and regions. Canaan's core products include its ASIC (Application-Specific Integrated Circuit) chips, known for high efficiency and performance; Avalon-branded Bitcoin mining machines such as the Avalon A15 Pro and the latest Avalon A16 series with models like the A16XP featuring 300 TH/s hashrate and 12.8 J/TH power efficiency; computing servers tailored for AI processing; and comprehensive software services supporting seamless integration and operational efficiency. In recent years, Canaan has undertaken significant strategic initiatives and operational changes to strengthen its market position and expand its technological capabilities. Notably, in 2024 and 2025, the company secured substantial funding through multiple rounds, including a $72 million registered direct offering in November 2025 involving major institutional investors such as Brevan Howard Asset Management, Galaxy Digital Holdings, and Weiss Asset Management. In the same period, Canaan achieved Nasdaq minimum bid price compliance and reinforced its market presence with a landmark purchase order from a U.S.-based bitcoin mining operator for over 50,000 Avalon A15 Pro units, scheduled for Q4 2025 delivery. The company also launched a gas-to-computing pilot project in Alberta for sustainable energy use and announced a strategic partnership with SynVista Energy to develop a green compute-chain-storage ecosystem. Alongside hardware innovations, Canaan partnered with Luxor Technology Corporation to offer flexible financing to mining customers, facilitating greater institutional adoption. Canaan is positioned within the cryptocurrency mining and high-performance computing industry segments, targeting institutional miners, data centers, and AI developers. Its operations emphasize innovation in energy efficiency and sustainability, aligning with global trends in green mining and advanced computing technologies. The firm’s focus on expanding North American manufacturing and sales operations addresses regulatory and energy resource stability in that region, complementing its global footprint. As a pioneer of the world's first ASIC-powered bitcoin miner and Nasdaq-listed bitcoin mining machine manufacturer, Canaan continues to leverage its R&D expertise and strategic investments to drive growth, product development, and delivery efficiency worldwide.

Company News

Company News APIChatGPT

  • benzinga.com

    Top Wall Street Forecasters Revamp Canaan Expectations Ahead Of Q2 Earnings

  • prnewswire.com

    Canaan Inc. to Report Second Quarter 2026 Financial Results on September 8, 2026

  • prnewswire.com

    Canaan Inc. to Exhibit at Bitcoin Asia 2026: Company to Showcase Bitcoin Computing Solutions Across a Range of Applications

  • prnewswire.com

    Canaan Inc. Provides July 2026 Bitcoin Production and Mining Operation Updates

  • prnewswire.com

    Canaan Inc. to Repurchase Shares Using Portion of Digital Asset Treasury

  • defenseworld.net

    Canaan Inc. Sponsored ADR (NASDAQ:CAN) Receives $2.01 Average Target Price from Analysts

  • prnewswire.com

    Canaan Inc. Receives Additional 180-day Compliance Period from Nasdaq to Regain Compliance with Minimum Bid Price Requirement

  • prnewswire.com

    Canaan Inc. Provides June 2026 Bitcoin Production and Mining Operation Updates

  • prnewswire.com

    Canaan Inc. Completes Transfer to Nasdaq Capital Market

  • newsfilecorp.com

    Canadian Gold Resources Announces Results of 2026 Annual and Special Meeting of Shareholders

  • prnewswire.com

    Canaan Inc. Announces Open Market Share Purchases by Chief Executive Officer and Chief Financial Officer

  • newsfilecorp.com

    Canadian Gold Resources Announces 2026 Exploration Program Across Three Québec Properties; Provides Lac Arsenault Operational Update

  • prnewswire.com

    Canaan Inc. Provides May 2026 Bitcoin Production and Mining Operation Updates

  • fool.com

    Canaan vs. CleanSpark: Which Technology Stock Is a Better Buy in 2026?

  • zacks.com

    CAN Q1 Earnings Call Focuses on Power & Cost Discipline

  • seekingalpha.com

    Canaan Inc. (CAN) Q1 2026 Earnings Call Transcript

  • zacks.com

    Canaan (CAN) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

  • marketbeat.com

    Canaan Q1 Earnings Call Highlights

  • zacks.com

    Canaan (CAN) Reports Q1 Loss, Lags Revenue Estimates

  • prnewswire.com

    Canaan Inc. Reports Unaudited First Quarter 2026 Financial Results