Canaan Inc logo

CAN - Canaan Inc Share Price

$2.14 -0.2  -8.5%

Last Trade - 11/08/20

Sector
Technology
Size
Small Cap
Market Cap £296.0m
Enterprise Value £268.5m
Revenue £159.4m
Position in Universe 3178th / 6376
Bullish
Bearish
Unlock CAN Revenue
Momentum
Relative Strength (%)
1m +8.03%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -83.5%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2014 2015 2016 2017 2018 2019 2020E 2021E CAGR / Avg
0.000 0.000 0.000 1,308 2,705 1,423 +4.3%
-67.3
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the three months ended 31 March 2020, Canaan Inc revenues increased 45% to RMB68.3M. Net loss decreased 41% to RMB39.9M. Revenues reflect Other revenues increase from RMB38K to RMB223K, Service revenue increase of 20% to RMB24K. Lower net loss reflects Other (loss) income, net increase from RMB3.5M to RMB29.2M (income), Interest expense and guarantee fee decrease of 91% to RMB1.2M (expense).
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

CAN Revenue Unlock CAN Revenue

Net Income

CAN Net Income Unlock CAN Revenue

Normalised EPS

CAN Normalised EPS Unlock CAN Revenue

PE Ratio Range

CAN PE Ratio Range Unlock CAN Revenue

Dividend Yield Range

CAN Dividend Yield Range Unlock CAN Revenue
Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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EPS
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DPS
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Net Profit
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EPS
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
CAN EPS Forecasts Unlock CAN Revenue
Profile Summary

Canaan Inc provides supercomputing solutions through proprietary high-performance computing ASICs (Application Specific Integrated Circuit). The Company provides a holistic AI (Artificial Intelligence) solution to customers, including AI chips, algorithm development and optimization, hardware module, end-product and software services.

Directors
Last Annual December 31st, 2019
Last Interim March 31st, 2020
Incorporated January 1, 2013
Public Since November 21, 2019
No. of Shareholders: n/a
No. of Employees: 333
Sector Technology
Industry Computers, Phones & Household Electronics
Index Nasdaq Composite ,
Exchange NASDAQ Global Market
Shares in Issue 180,449,848
Free Float (0.0%)
Eligible for
ISAs
SIPPs
310016
View larger map
+
Address , Hangzhou, 310016, China
Web https://canaan-creative.com/
Phone +86 571 89995063
Auditors PricewaterhouseCoopers Zhong Tian LLP
CAN Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
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Latest News for CAN
Upcoming Events for CAN
Frequently Asked Questions for Canaan Inc
What is the Canaan Inc share price?

As of 11/08/20, shares in Canaan Inc are trading at $2.14, giving the company a market capitalisation of £296.0m. This share price information is delayed by 15 minutes.

How has the Canaan Inc share price performed this year?

Shares in Canaan Inc are currently trading at $2.14 and the price has moved by % over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Canaan Inc price has moved by % over the past year.

What are the analyst and broker recommendations for Canaan Inc?

There are no analysts currently covering Canaan Inc.

When will Canaan Inc next release its financial results?

Canaan Inc is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-03-31
What is the Canaan Inc dividend yield?

Canaan Inc does not currently pay a dividend.

Does Canaan Inc pay a dividend?

Canaan Inc does not currently pay a dividend.

When does Canaan Inc next pay dividends?

Canaan Inc does not currently pay a dividend.

How do I buy Canaan Inc shares?

To buy shares in Canaan Inc you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Canaan Inc?

Shares in Canaan Inc are currently trading at $2.14, giving the company a market capitalisation of £296.0m.

Where are Canaan Inc shares listed? Where are Canaan Inc shares listed?

Here are the trading details for Canaan Inc:

Country of listing: United States
Exchange: NMQ
Ticker Symbol: CAN
What kind of share is Canaan Inc?

Based on an overall assessment of its quality, value and momentum, Canaan Inc is currently classified as a Sucker Stock. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Canaan Inc share price forecast 2020?

We were not able to load any forecast data for Canaan Inc.

How can I tell whether the Canaan Inc share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Canaan Inc. Over the past six months, the relative strength of its shares against the market has been -67.58%. At the current price of $2.14, shares in Canaan Inc are trading at -49.74% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Canaan Inc PE Ratio?

We were not able to find PE ratio data for Canaan Inc.

Who are the key directors of Canaan Inc?

We were unable to find the directors for Canaan Inc.

Who are the major shareholders of Canaan Inc?

Here are the top five shareholders of Canaan Inc based on the size of their shareholding:

Fidelity Management & Research Company Investment Advisor
Percentage owned: 1.76% (2.34m shares)
Invesco Elwood Global Blockchain UCITS ETF Mutual Fund
Percentage owned: 0.41% (546k shares)
Exponential ETFs Investment Advisor/Hedge Fund
Percentage owned: 0.31% (412k shares)
Amplify Transformational Data Sharing ETF Mutual Fund
Percentage owned: 0.31% (412k shares)
Invesco Capital Management LLC Investment Advisor
Percentage owned: 0.29% (381k shares)
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