Canaan Inc ADR CAN

Morningstar Rating
$0.22 −0.01 (5.70%)
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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.

Price vs Fair Value

CAN is trading at a LOCK|TK@fgg premium.
Price
$0.22
Fair Value
LOCK|#>>&ZBc
Uncertainty
LOCK|VH$
1-Star Price
LOCK|Py<tk>
5-Star Price
LOCK|BGCs!T<
Economic Moat
LOCK|w>
Capital Allocation
—

News

Trading Information

Previous Close Price
$0.23
Day Range
$0.21–0.23
52-Week Range
$0.15–1.95
Bid/Ask
$0.21 / $0.21
Shares Outstanding
731.90M
Market Cap
$158.75M
Volume/Avg
6M / 15M

Key Statistics

Price/Earnings (Normalized)
—
Price/Sales
0.31
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

Valuation

Metric
CAN
Price/Earnings (Normalized)
—
Price/Book Value
0.55
Price/Sales
0.31
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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