The current stock price of CAN is 0.794 USD. In the past month the price decreased by -6.92%. In the past year, price decreased by -65.78%.
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Canaan, Inc. is a holding company, which engages in developing and selling Bitcoin mining machines and related services. The company employs 463 full-time employees The company went IPO on 2019-11-21. The firm is a fabless IC designer engaged in the front-end and back-end of IC design. The firm primarily offers its technology and expertise in ASIC applications to Bitcoin mining machines and is also a producer of Bitcoin mining machines in the global market. The Company, through its subsidiaries, independently designs and develops its products in-house, including the design of proprietary ASIC chips for its Bitcoin mining machines. The company has in-house production capabilities to assemble both Bitcoin mining machines and artificial intelligence (AI) chips. The company assembles its Bitcoin mining machines primarily at its assembly plant located in the People’s Republic of China (PRC) by integrating the ICs designed by the Company and related components it procures. The company also intends to engage in Bitcoin mining through self-owned facilities.
CANAAN INC
28 Ayer Rajah Crescent, #06-08
Singapore BEIJING 310016 SG
CEO: Nangeng Zhang
Employees: 463
Phone: 6563056618
Canaan, Inc. is a holding company, which engages in developing and selling Bitcoin mining machines and related services. The company employs 463 full-time employees The company went IPO on 2019-11-21. The firm is a fabless IC designer engaged in the front-end and back-end of IC design. The firm primarily offers its technology and expertise in ASIC applications to Bitcoin mining machines and is also a producer of Bitcoin mining machines in the global market. The Company, through its subsidiaries, independently designs and develops its products in-house, including the design of proprietary ASIC chips for its Bitcoin mining machines. The company has in-house production capabilities to assemble both Bitcoin mining machines and artificial intelligence (AI) chips. The company assembles its Bitcoin mining machines primarily at its assembly plant located in the People’s Republic of China (PRC) by integrating the ICs designed by the Company and related components it procures. The company also intends to engage in Bitcoin mining through self-owned facilities.
The current stock price of CAN is 0.794 USD. The price increased by 0.65% in the last trading session.
CAN does not pay a dividend.
CAN has a ChartMill Technical rating of 0 out of 10 and a ChartMill Fundamental rating of 3 out of 10.
This depends on your investment goals. Check the Technical and Fundamental Analysis tabs for insights on CAN.
CANAAN INC (CAN) currently has 463 employees.
You can find the ownership structure of CANAAN INC (CAN) on the Ownership tab.
ChartMill assigns a fundamental rating of 3 / 10 to CAN. CAN has a bad profitability rating. Also its financial health evaluation is rather negative.
Over the last trailing twelve months CAN reported a non-GAAP Earnings per Share(EPS) of -1.9. The EPS decreased by -91.52% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | N/A | ||
| ROA | -44.93% | ||
| ROE | -82.1% | ||
| Debt/Equity | 0.06 |
10 analysts have analysed CAN and the average price target is 2.95 USD. This implies a price increase of 271.48% is expected in the next year compared to the current price of 0.794.
For the next year, analysts expect an EPS growth of -143.1% and a revenue growth 92.43% for CAN