Canaan Inc. (CAN)
Canaan Statistics
Share Statistics
Canaan has 28.02M shares outstanding. The number of shares has increased by -4.8% in one year.
| Shares Outstanding | 28.02M |
| Shares Change (YoY) | -4.8% |
| Shares Change (QoQ) | 0% |
| Owned by Institutions (%) | 1.87% |
| Shares Floating | 275.34M |
| Failed to Deliver (FTD) Shares | 58.58K |
| FTD / Avg. Volume | 0.41% |
Short Selling Information
The latest short interest is 17.7M, so 4.21% of the outstanding shares have been sold short.
| Short Interest | 17.7M |
| Short % of Shares Out | 4.21% |
| Short % of Float | 4.64% |
| Short Ratio (days to cover) | 1.02 |
Valuation Ratios
The PE ratio is -2.23 and the forward PE ratio is 0.2. Canaan's PEG ratio is 0.04.
| PE Ratio | -2.23 |
| Forward PE | 0.2 |
| PS Ratio | 2.07 |
| Forward PS | 0 |
| PB Ratio | 2.09 |
| P/FCF Ratio | -2.55 |
| PEG Ratio | 0.04 |
Enterprise Valuation
Currently the Enterprise Value (EV) is not available for Canaan.
| EV / Sales | n/a |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.87, with a Debt / Equity ratio of 0.36.
| Current Ratio | 1.87 |
| Quick Ratio | 1.34 |
| Debt / Equity | 0.36 |
| Debt / EBITDA | -0.66 |
| Debt / FCF | -0.43 |
| Interest Coverage | -435.95 |
Financial Efficiency
Return on Equity is n/a and Return on Invested Capital is n/a.
| Return on Equity | n/a |
| Return on Assets | n/a |
| Return on Invested Capital | n/a |
| Revenue Per Employee | $581.69K |
| Profits Per Employee | $-539.42K |
| Employee Count | 463 |
| Asset Turnover | 0.58 |
| Inventory Turnover | 3.74 |
Taxes
| Income Tax | 77.48M |
| Effective Tax Rate | -44.98% |
Stock Price Statistics
The stock price has increased by -24.99% in the last 52 weeks. The beta is 3.49, so Canaan's price volatility has been higher than the market average.
| Beta | 3.49 |
| 52-Week Price Change | -24.99% |
| 50-Day Moving Average | 0.98 |
| 200-Day Moving Average | 1.37 |
| Relative Strength Index (RSI) | 36.65 |
| Average Volume (20 Days) | 14.43M |
Income Statement
In the last 12 months, Canaan had revenue of 269.32M and earned -249.75M in profits. Earnings per share was -0.92.
| Revenue | 269.32M |
| Gross Profit | -84.32M |
| Operating Income | -227.13M |
| Net Income | -249.75M |
| EBITDA | -143.33M |
| EBIT | -171.75M |
| Earnings Per Share (EPS) | -0.92 |
Balance Sheet
The company has 96.49M in cash and 94.99M in debt, giving a net cash position of 1.5M.
| Cash & Cash Equivalents | 96.49M |
| Total Debt | 94.99M |
| Net Cash | 1.5M |
| Retained Earnings | -450.49M |
| Total Assets | 463.01M |
| Working Capital | 155.45M |
Cash Flow
In the last 12 months, operating cash flow was -199.26M and capital expenditures -19.3M, giving a free cash flow of -218.57M.
| Operating Cash Flow | -199.26M |
| Capital Expenditures | -19.3M |
| Free Cash Flow | -218.57M |
| FCF Per Share | -0.05 |
Margins
Gross margin is -31.31%, with operating and profit margins of -84.33% and -92.73%.
| Gross Margin | -31.31% |
| Operating Margin | -84.33% |
| Pretax Margin | -63.96% |
| Profit Margin | -92.73% |
| EBITDA Margin | -53.22% |
| EBIT Margin | -84.33% |
| FCF Margin | -81.15% |
Dividends & Yields
CAN does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | n/a |
| FCF Yield | n/a |
Analyst Forecast
The average price target for CAN is $2.5, which is 262.3% higher than the current price. The consensus rating is "Buy".
| Price Target | $2.5 |
| Price Target Difference | 262.3% |
| Analyst Consensus | Buy |
| Analyst Count | 4 |
Scores
| Altman Z-Score | -1.57 |
| Piotroski F-Score | 4 |