Canaan Inc ADR CAN
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
-
Canaan Inc. to Exhibit at BTCHEL Conference: Showcasing Hash-to-Heat Solutions from District Networks to Home Solutions
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Canaan Inc. Provides August 2026 Bitcoin Production and Mining Operation Updates
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Canaan Inc. Reports Unaudited Second Quarter 2026 Financial Results
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Canaan Inc. to Report Second Quarter 2026 Financial Results on September 8, 2026
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Canaan Inc. to Exhibit at Bitcoin Asia 2026: Company to Showcase Bitcoin Computing Solutions Across a Range of Applications
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Canaan Inc. Provides July 2026 Bitcoin Production and Mining Operation Updates
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Canaan Inc. to Repurchase Shares Using Portion of Digital Asset Treasury
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Canaan Inc. Receives Additional 180-day Compliance Period from Nasdaq to Regain Compliance with Minimum Bid Price Requirement
Trading Information
- Previous Close Price
- $0.35
- Day Range
- $0.33–0.36
- 52-Week Range
- $0.15–2.22
- Bid/Ask
- $0.35 / $0.35
- Shares Outstanding
- 731.90M
- Market Cap
- $248.85M
- Volume/Avg
- 123,678 / 16M
Key Statistics
- Price/Earnings (Normalized)
- —
- Price/Sales
- 0.49
- Dividend Yield (Trailing)
- 0.00%
- Dividend Yield (Forward)
- 0.00%
- Dividend Payment Schedule
- —
- Total Yield
- —
Company Profile
Canaan Inc is a developer of supercomputing chips and the manufacturer of digital blockchain computing equipment and the supplier of the overall scheme for computer software and hardware of digital blockchain. The revenues of the company are derived from the sales of Bitcoin mining machines and related parts and accessories. Geographically, the company derives its maximum revenue from United States.
- Sector
- Technology
- Industry
- Computer Hardware
- Stock Style Box
- —
- Total Number of Employees
- 399
- Website
- https://www.canaan.io
Valuation
|
Metric
|
CAN
|
|---|---|
Price/Earnings (Normalized) | — |
Price/Book Value | 0.88 |
Price/Sales | 0.49 |
Price/Cash Flow | — |
Price/Earnings
CAN
Financial Strength
|
Metric
|
CAN
|
|---|---|
Quick Ratio | 1.40 |
Current Ratio | 2.86 |
Interest Coverage | −110.13 |
Quick Ratio
CAN
Profitability
|
Metric
|
CAN
|
|---|---|
Return on Assets (Normalized) | −27.91% |
Return on Equity (Normalized) | −43.70% |
Return on Invested Capital (Normalized) | −34.81% |
Return on Assets
CAN
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United States