Financials Canaan Inc.

Equities

CAN

US1347481020

Computer Hardware

Market Closed - Nasdaq 04:00:00 2024-04-26 pm EDT 5-day change 1st Jan Change
0.9138 USD -1.74% Intraday chart for Canaan Inc. +21.48% -60.44%

Valuation

Fiscal Period: December 2019 2021 2022 2023 2024
Capitalization 1 6,716 5,586 2,411 2,804 1,552
Enterprise Value (EV) 1 6,716 5,586 2,411 2,804 1,552
P/E ratio - 41.8 x 55.7 x -0.95 x -0.61 x
Yield - - - - -
Capitalization / Revenue 4.72 x - 0.55 x 1.84 x 0.85 x
EV / Revenue 4.72 x - 0.55 x 1.84 x 0.85 x
EV / EBITDA - - 4,539,682 x - -
EV / FCF - - -1,345,642 x - -
FCF Yield - - -0% - -
Price to Book - - - - -
Nbr of stocks (in thousands) 158,148 170,748 169,701 171,046 234,332
Reference price 2 42.47 32.71 14.21 16.39 6.622
Announcement Date 4/9/20 3/3/22 3/7/23 2/27/24 -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2021 2022 2023 2024
Net sales 1 1,423 - 4,379 1,522 1,832
EBITDA - - 531.1 - -
EBIT 1 - - 557.8 -2,957 -1,885
Operating Margin - - 12.74% -194.29% -102.93%
Earnings before Tax (EBT) 1 - - 810.5 -3,350 -3,869
Net income 1 - 2,000 658.2 -2,981 -2,902
Net margin - - 15.03% -195.84% -158.4%
EPS 2 - 0.7820 0.2553 -17.35 -10.94
Free Cash Flow - - -1,792 - -
FCF margin - - -40.92% - -
FCF Conversion (EBITDA) - - - - -
FCF Conversion (Net income) - - - - -
Dividend per Share - - - - -
Announcement Date 4/9/20 3/3/22 3/7/23 2/27/24 -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 1,356 1,653 978.2 391.9 390.3 537.8 237.7 353.2 217.6 485.9 551 577.4
EBITDA - - - - - - - - - - - -
EBIT 1 578.3 659.3 -40.84 -624.4 -605.3 -867.3 -805.1 -671.3 -565.1 -534.1 -395.1 -391.1
Operating Margin 42.64% 39.89% -4.18% -159.31% -155.1% -161.27% -338.68% -190.06% -259.72% -109.93% -71.71% -67.74%
Earnings before Tax (EBT) 1 582.4 776.6 58.03 -587.4 - -845.6 -717.4 -1,167 -857.6 -1,058 -967.6 -985.4
Net income 1 441.6 608.9 61.08 -438.3 -596.1 -805.9 -571.5 -1,001 -643.2 -793.8 -725.7 -739.1
Net margin 32.56% 36.84% 6.24% -111.84% -152.75% -149.85% -240.41% -283.28% -295.62% -163.37% -131.69% -128%
EPS 2 2.752 3.533 0.3555 -0.1743 - - -3.353 -5.542 -2.591 -2.951 -2.663 -2.754
Dividend per Share - - - - - - - - - - - -
Announcement Date 5/19/22 8/18/22 11/14/22 3/7/23 5/26/23 8/29/23 11/28/23 2/27/24 - - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2021 2022 2023 2024
Net Debt - - - - -
Net Cash position - - - - -
Leverage (Debt/EBITDA) - - - - -
Free Cash Flow - - -1,792 - -
ROE (net income / shareholders' equity) - - 16.7% - -
ROA (Net income/ Total Assets) - - 12.5% - -
Assets 1 - - 5,251 - -
Book Value Per Share - - - - -
Cash Flow per Share - - - - -
Capex - - 95.1 - -
Capex / Sales - - 2.17% - -
Announcement Date 4/9/20 3/3/22 3/7/23 2/27/24 -
1CNY in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
6.622 CNY
Average target price
19.79 CNY
Spread / Average Target
+198.92%
Consensus
  1. Stock Market
  2. Equities
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  4. Financials Canaan Inc.