Canaan Inc.

Canaan Inc.verified

CAN

Price:

$2.1

Market Cap:

$574.86M

Canaan Inc. engages in the research, design, and sale of integrated circuits (IC), and lease of final mining equipment by integrating IC products for bitcoin mining and related components in the People's Republic of China. It is also involved in the assembly and distribution of mining equipment and spare parts; and distribution of artificial intelligence products, as well as mining business. The company has operations in the United States, Australia, Kazakhstan, Canada, Indonesia, Mainland China, Malaysia, Thailand, Cyprus, and internationally. Canaan Inc. was founded in 2013 and is headquartered in Singapore.[Read more]

Industry

Computer Hardware

IPO Date

2019-11-20

Stock Exchange

NASDAQ

Ticker

CAN

The ROE as of December 2024 (TTM) for Canaan Inc. (CAN) is -104.72%

According to Canaan Inc.’s latest financial reports and current stock price. The company's current ROE is -104.72%. This represents a change of 285.25% compared to the average of -27.18% of the last 4 quarters.

Canaan Inc. (CAN) Historical ROE (quarterly & annually)

How has CAN ROE performed in the past?

The mean historical ROE of Canaan Inc. over the last ten years is -22.15%. The current -104.72% ROE has changed 372.68% with respect to the historical average. Over the past ten years (40 quarters), CAN's ROE was at its highest in in the December 2021 quarter at 34.59%. The ROE was at its lowest in in the December 2019 quarter at -115.22%.

Quarterly (TTM)
Annual

Average

-22.15%

Median

11.50%

Minimum

-149.32%

Maximum

56.77%

Canaan Inc. (CAN) ROE by Quarter and Year

Discovering the peaks and valleys of Canaan Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 15.89%

Maximum Annual ROE = 56.77%

Minimum Annual Increase = -1134.27%

Minimum Annual ROE = -149.32%

Quarterly (TTM)
Annual
YearROEChange
2023-118.95%-1134.27%
202211.50%-79.74%
202156.77%-214.17%
2020-49.73%-66.70%
2019-149.32%-393.91%
201850.81%15.89%

Canaan Inc. (CAN) Average ROE

How has CAN ROE performed in the past?

The current ROE of Canaan Inc. (CAN) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-16.89%

5-year avg

-49.95%

10-year avg

-22.15%

Canaan Inc. (CAN) ROE vs. Peers

How is CAN’s ROE compared to its peers?

Canaan Inc.’s ROE is greater than 3D Systems Corporation (-146.12%), less than NetApp, Inc. (116.23%), greater than Rigetti Computing, Inc. (-51.56%), less than Logitech International S.A. (31.86%), greater than Stratasys Ltd. (-10.87%), greater than Desktop Metal, Inc. (-239.22%), greater than HP Inc. (-1122.35%), greater than Nano Dimension Ltd. (-9.62%), greater than IonQ, Inc. (-36.82%), less than D-Wave Quantum Inc. (295.66%), greater than Velo3D, Inc. (-154.92%), greater than Dell Technologies Inc. (-157.35%), less than Super Micro Computer, Inc. (30.57%), less than Pure Storage, Inc. (12.46%),

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