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Canaan Inc. (CAN)

NASDAQ Technology Computer Hardware
$0.21 ▲ +3.43%
Market Cap
$97.6M
Sector
Technology
Industry
Computer Hardware
Beta
2.58
52-Wk Range
0.152-2.22
CEO
Nangeng Zhang
Country
SG
Currency
USD

Canaan Inc. operates in the Computer Hardware industry of the Technology sector, headquartered in Singapore, CE, SG. The stock last traded at $0.21, up 3.43% on the session, giving a market capitalisation of $97.6M. On trailing twelve-month figures it carries a trailing P/E of -0.60, a net margin of -41.7%. Its beta of 2.58 implies it has historically moved more than the broad market.

Valuation & profitability (TTM)
P/E
-0.60
Price / Sales
0.19
Price / Book
0.38
EV / EBITDA
-1.09
Gross margin
3.5%
Operating margin
-23.4%
Net margin
-41.7%
Return on equity
Debt / equity
0.15
Current ratio
3.34
Dividend yield
0.0%
Payout ratio
0.0%
Company profile
Exchange
NASDAQ Global Market
Employees
399
IPO date
2019-11-20
Headquarters
Singapore, CE, SG
About Canaan Inc.

Canaan Inc. operates as a holding company, primarily engaged in the design, production, and sale of Bitcoin mining hardware, in addition to supplying various associated services. A key focus for the company is the advancement and implementation of environmentally conscious mining practices. This firm was co-founded by Jia Xuan Li, Xiang Fu Liu, and Nan Geng Zhang on January 19, 2013, and its corporate headquarters are situated in Singapore.

Comparable companies

Canaan Inc. is most often compared with the following Technology names:

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