Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
CAN
Strong SellCanaan Inc. · Technology · Singapore · $283M · Avg Vol: $7M/d
COMPANY DESCRIPTION
Canaan Inc. designs, manufactures, and sells advanced ASIC-based cryptocurrency mining machines, primarily for Bitcoin, and also develops related AI chips. As one of the earliest and largest developers of ASIC mining equipment, it benefits from proprietary chip design and R&D focus. The company's performance is highly sensitive to the volatile cryptocurrency market conditions.
FINANCIAL SUMMARY (USD)
| Year | 2021 | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 772.8M | 651.5M | 211.5M | 269.3M | 529.7M | -9.0% | 509.7M | 269.2M | 638.4M | 9.8% |
| EPS | 1.87 | 1.93 | -11.68 | -6.81 | -6.42 | 3.1% | -0.31 | — | — | — |
| Shares | 2.8B | 724.7M | 724.7M | 724.7M | 724.7M | -74.2% | 724.7M | — | — | — |
| Debt | 4.9M | 3.8M | 1.4M | 95.0M | 54.9M | 83.1% | 56.6M | — | — | — |
| Equity | 542.6M | 607.7M | 348.2M | 266.3M | 437.4M | -5.2% | — | — | — | — |
| Op CF | 202.3M | -182.6M | -123.6M | -199.3M | -271.2M | — | -271.2M | — | — | — |
| Inv CF | 0.8M | -8.1M | 39.6M | 61.0M | 56.7M | — | — | — | — | — |
| Fin CF | 139.2M | -56.2M | 90.0M | 139.7M | 197.9M | — | — | — | — | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of CAN are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| CAN | Canaan Inc.(you) | $283M | 5 | Strong Sell |
| BGIN | Bgin Blockchain Limited | $223M | 1 | Strong Sell |
| 9MT.SI | MetaOptics Ltd | $92M | 1 | Strong Sell |
| C76.SI | Creative Technology Ltd | $54M | 53 | Hold |
| SUPX | SuperX AI Technology Limited | $406M | 4 | Strong Sell |
| PCT.SI | PC Partner Group Limited | $861M | 98 | Strong Buy |
| HQ | Horizon Quantum Holdings Ltd. | $819M | 2 | Strong Sell |
| CURR | CURRENC Group Inc. | $378M | 23 | Sell |
| 2562.HK | Synagistics Limited | $76M | 4 | Strong Sell |
| RYDE | Ryde Group Ltd. | $120M | 17 | Strong Sell |
Peer medians: ROE 8.7% · P/E 31.1x · Gross margin 32.7%