Canaan Inc Overview
Industry: Computer Hardware
Sector: Technology
Canaan Inc. engages in the research, design, and sale of integrated circuit (IC) final mining equipment products by integrating IC products for bitcoin mining and related components in the People's Republic of China. It is also involved in the assembly and distribution of mining equipment and spare parts. The company has operations in the United States, Australia, Kazakhstan, Hong Kong, Canada, Mainland China, Thailand, Sweden, and internationally. Canaan Inc. was founded in 2013 and is based in Singapore. Canaan Inc. engages in the research, design, and sale of integrated circuit (IC) final mining equipment products by integrating IC products for bitcoin mining and related components in the People's Republic of China. It is also involved in the assembly and distribution of mining equipment and spare Read MoreMavefund brings filings, fundamentals, valuation, price history and news for Canaan Inc into one research view. The sections below show what strengthens or weakens the research case.
Score
Reported Results
What the company reported, with filing details kept small.
Quarterly result summary
Revenue was $82.8M (-58% YoY). Net loss was -$0.1M.
Revenue
$82.8M
-58% YoY
Net loss
-$0.1M
reported
What changed
- Revenue -58% YoY to $82.8M.
Guidance / outlook
the Company expects total revenues to be in the range of US$35 million to US$45 million, reflecting the near-term market conditions and evolving customer dynamics, which are subject to change.
Earnings release
Open filing
Source: SEC EDGAR company-filed earnings materials. Dates are shown only for verification; review the source filing before relying on extracted report details.
Other recent earnings materials
Prediction-grade evidence
Recent News
Company-relevant articles from sources that pass the Mave Signal relevance and reliability checks.
Shortsighted stock market can no longer brush off war: 'It's too hard to ignore $100 oil'
Headline from CNBC: Shortsighted stock market can no longer brush off war: 'It's too hard to ignore $100 oil'.
Intel stock is down 27% from June record highs. How the chipmaker can reverse the slide
Headline from CNBC: Intel stock is down 27% from June record highs. How the chipmaker can reverse the slide.
How long can China defy history and logic with its imbalances?
Headline from Financial Times: How long can China defy history and logic with its imbalances?
The Lucid dream can continue on a bed of Saudi money
Headline from Financial Times: The Lucid dream can continue on a bed of Saudi money.
Trump says US airlines can now fly to Lebanon for first time since 1985
Headline from Reuters: Trump says US airlines can now fly to Lebanon for first time since 1985.
Can the ‘Magnificent Seven’ save a stock market that might be doomed without them?
Headline from MarketWatch: Can the ‘Magnificent Seven’ save a stock market that might be doomed without them?
Earnings Per Share
Score 3.00/5
Canaan Inc boasts a high score, as its Earnings Per Share (EPS) has demonstrated consistent growth over the past six years. Notable counterparts in the sector with high scores includes
Applied Materials Inc
Alphabet Inc Class A
Check Point Software Technologies Ltd
In
Computer Hardware industry
, Arista Networks
, Logitech International SA
, NetApp Inc
are companies with high ratings.
Return on Equity
Score 0.65/5
Canaan Inc exhibits a lower score in the Return on Equity (ROE) section, falling below the sector median value and indicating a comparatively weaker performance in this metric. The top companies in the same sector include
Applied Materials Inc
Alphabet Inc Class A
Check Point Software Technologies Ltd
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Net Margin
Score 0.67/5
Canaan Inc
olds a low score as its net margin consistently trails below the sector median value and doesn't exhibit continuous growth over the last six years; notable companies in the sector with commendable scores include
Applied Materials Inc
Alphabet Inc Class A
Check Point Software Technologies Ltd
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Leverage
Score 3.21/5
Canaan Inc
attains a commendable score in the category due to its lower leverage ratio over the past six years in comparison to the sector median value. Additionally, other notable companies in the same sector, such as
Applied Materials Inc
Alphabet Inc Class A
Check Point Software Technologies Ltd
, also exhibit high scores.
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Financial Statements
Company-reported SEC EDGAR facts organized into the three core statements.
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Source: SEC EDGAR companyfacts. Values are standardized company filings for research support, not personalized financial advice.
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