View ValuationCanaan 将来の成長Future 基準チェック /56Canaanは、104.3%と28.7%でそれぞれ年率104.3%で利益と収益が成長すると予測される一方、EPSはgrowで115.3%年率。主要情報104.3%収益成長率115.35%EPS成長率Tech 収益成長15.1%収益成長率28.7%将来の株主資本利益率n/aアナリストカバレッジLow最終更新日30 Mar 2026今後の成長に関する最新情報お知らせ • Nov 18Canaan Inc. Provides Earnings Guidance for the Fourth Quarter of 2025Canaan Inc. provides earnings guidance for the fourth quarter of 2025. For the quarter, the company expects total revenues to be in the range of USD 175 million to USD 205 million, reflecting the near-term market conditions and evolving customer dynamics, which are subject to change.お知らせ • Aug 14Canaan Inc. Provides Earnings Guidance for the Third Quarter of 2025Canaan Inc. provides earnings guidance for the third quarter of 2025. For the quarter, the company expects total revenues to be in the range of USD 125 million to USD 145 million, reflecting the near-term market conditions and evolving customer dynamics, which are subject to change.お知らせ • May 21+ 1 more updateCanaan Inc. Provides Earnings Guidance for the Second Quarter of 2025Canaan Inc. provides earnings guidance for the second quarter of 2025. For the quarter, the company expects total revenues to be approximately USD 100 million, reflecting the near-term market conditions and evolving customer dynamics, which are subject to change.お知らせ • Mar 03Canaan Inc. Provides Earnings Guidance for the Fourth Quarter Ended December 31, 2024Canaan Inc. provided earnings guidance for the fourth quarter ended December 31, 2024. For the quarter, the company’s total revenues are expected to be approximately USD 89 million.お知らせ • Jan 21Canaan Inc. Provides Revenue Guidance for the Fiscal Year 2025Canaan Inc. provided revenue guidance for the fiscal year 2025. For the year, the company expects total revenues in the range of USD 900 million to USD 1.1 billion.お知らせ • Nov 20Canaan Inc. Provides Revenue Guidance for the Fourth Quarter of 2024Canaan Inc. provided revenue guidance for the fourth quarter of 2024. For the fourth quarter of 2024, the Company expects total revenues to be approximately USD 80 million.すべての更新を表示Recent updatesお知らせ • Feb 25Canaan Inc. (NasdaqGM:CAN) acquired 49% stake in Alborz LLC, Bear LLC and Chief Mountain LLC from Cipher Mining Inc. (NasdaqGS:CIFR) for $39.8 million.Canaan Inc. (NasdaqGM:CAN) acquired 49% stake in Alborz LLC, Bear LLC and Chief Mountain LLC from Cipher Mining Inc. (NasdaqGS:CIFR) for $39.8 million on February 23, 2026. The total consideration for the transaction is approximately $39.75 million. To preserve the Canaan Inc's financial flexibility, the transaction was funded through the issuance of 806,439,900 Canaan Inc. Class A ordinary shares to Cipher, equivalent to 53,762,660 American Depositary Shares ("ADS"), priced at $0.7394 per ADS and subject to a lock-up period of six months. The joint venture comprising Alborz LLC, Bear LLC, and Chief Mountain LLC collectively, the "ABC Projects". Following the acquisition, Canaan now owns a 49% stake in the ABC Projects, while WindHQ LLC maintains its 51% stake in the ABC Projects. The team of Cleary Gottlieb Steen & Hamilton LLP led by James Jian Hu, Chase Kaniecki, Bill McRae, Helena Grannis, Shuangjun Wang and Puja Patel acted as legal advisor for Canaan Inc. Canaan Inc. (NasdaqGM:CAN) completed the acquisition of 49% stake in Alborz LLC, Bear LLC and Chief Mountain LLC from Cipher Mining Inc. (NasdaqGS:CIFR) on February 23, 2026.お知らせ • Feb 03Canaan Inc. to Report Q4, 2025 Results on Feb 10, 2026Canaan Inc. announced that they will report Q4, 2025 results at 9:30 AM, US Eastern Standard Time on Feb 10, 2026Board Change • Dec 30Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Director Hongchao Du was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.お知らせ • Dec 18Canaan Inc. (NasdaqGM:CAN) announces an Equity Buyback for $30 million worth of its shares.Canaan Inc. (NasdaqGM:CAN) announces a share repurchase program. Under the program, the company will repurchase up to $30 million worth of its outstanding American depositary shares and/or Class A ordinary shares. The program will be funded from the company’s existing cash balance. The purpose of the program is to create long-term shareholder value. The program will be valid over the next 12 months starting December 12, 2025.お知らせ • Nov 18Canaan Inc. Provides Earnings Guidance for the Fourth Quarter of 2025Canaan Inc. provides earnings guidance for the fourth quarter of 2025. For the quarter, the company expects total revenues to be in the range of USD 175 million to USD 205 million, reflecting the near-term market conditions and evolving customer dynamics, which are subject to change.お知らせ • Nov 11Canaan Inc. to Report Q3, 2025 Results on Nov 18, 2025Canaan Inc. announced that they will report Q3, 2025 results Pre-Market on Nov 18, 2025お知らせ • Nov 07Canaan Inc. has completed a Follow-on Equity Offering in the amount of $71.999999 million.Canaan Inc. has completed a Follow-on Equity Offering in the amount of $71.999999 million. Security Name: American Depositary Shares Security Type: Depositary Receipt (Common Stock) Securities Offered: 63,660,477 Price\Range: $1.131 Discount Per Security: $0 Transaction Features: Registered Direct Offeringお知らせ • Nov 05Canaan Inc. has filed a Follow-on Equity Offering in the amount of $71.999999 million.Canaan Inc. has filed a Follow-on Equity Offering in the amount of $71.999999 million. Security Name: American Depositary Shares Security Type: Depositary Receipt (Common Stock) Securities Offered: 63,660,477 Price\Range: $1.131 Transaction Features: Registered Direct Offeringお知らせ • Oct 31Canaan Inc. has completed a Follow-on Equity Offering in the amount of $7.7924 million.Canaan Inc. has completed a Follow-on Equity Offering in the amount of $7.7924 million. Security Name: American Depositary Shares Security Type: Depositary Receipt (Common Stock) Securities Offered: 4,840,000 Price\Range: $1.61 Discount Per Security: $0.0483 Transaction Features: At the Market Offeringお知らせ • Oct 28Canaan Inc. Unveils Next-Gen Avalon A16 Series Bitcoin Mining Machine Featuring Breakthrough ASIC ChipCanaan Inc. announced the official launch of its latest generation bitcoin mining machine, the Avalon A16 series at the Blockchain Life 2025 summit in Dubai, representing a significant advancement in mining performance and chip innovation. The newly launched Avalon A16XP air-cooled model (the "A16XP") delivers 300 terahash per second (TH/s) of computing power per unit at a power efficiency of 12.8 joules per terahash (J/TH). Coupled with Avalon's superior durability and reliability, the A16XP stands among the most competitive mining machines in the market, empowering mining clients to maintain operational advantage and maximize return on investment, even amid rising network difficulty. The A16 series mining machines are now available for pre-order and will ship from the Company's production centers in North America, East Asia, and Southeast Asia. This new product further reinforces Canaan's vertical integration across the bitcoin value chain--from ASIC design and hardware sales to self-mining operations and bitcoin treasury management. By advancing this strategic model, the Company is positioned to capture greater value throughout industry cycles, while improving efficiency, resiliency, and operational agility. Canaan will continue to expand its international footprint through dedicated sales and service operations across the globe, supporting its bitcoin mining clients by providing world-class hardware solutions and post-sale support.お知らせ • Oct 25Canaan Inc. has filed a Follow-on Equity Offering in the amount of $270 million.Canaan Inc. has filed a Follow-on Equity Offering in the amount of $270 million. Security Name: American Depositary Shares Security Type: Depositary Receipt (Common Stock) Transaction Features: At the Market Offeringお知らせ • Oct 14Canaan Inc. Launches Innovative Gas-to-Computing Pilot in Canada with Energy Infrastructure DeveloperCanaan Inc. announced the launch of a pilot mining project in Calgary, Alberta, Canada, through a joint mining agreement with Aurora AZ Energy Ltd., a Calgary-based energy infrastructure company that develops and operates natural gas wellhead power solutions for HPC/AI data centers and bitcoin mining applications. This gas-to-computing initiative is designed to convert distributed natural gas resources - such as wellhead gas - into reliable, cost-efficient power for high-density computing environments. The project is designed to demonstrate high uptime and modular scalability. Under the agreement, Canaan is guaranteed 90% uptime, subject to limited exemptions, including extreme weather conditions and scheduled gas well or generator maintenance. The project will pilot a fully integrated gas-to-compute system that connects natural gas extraction, power generation, and computing operations within a single modular architecture. The deployment includes over $2 million of Avalon®? A15 Pro miners and containerized data modules from Canaan that will be installed directly at wellheads. Through Aurora's on-site energy operations, stranded or flared gas will be converted into usable electricity at power costs well below industry norms. During periods of curtailment, Canaan will also participate in the economic benefits of selling excess power back to the grid through emergency or economic demand-response programs. The Company expects that the deployment of 700 Avalon A15 Pro units will provide approximately 2.5 megawatts (MW) of computing capacity directly at the wellhead. By utilizing natural gas that would otherwise be flared, the project is expected to eliminate an estimated 12,000 to 14,000 metric tons of CO2-equivalent emissions annually and demonstrates how responsible energy reuse can align environmental benefits with strong project-level economics. In 2024, the province of Alberta alone flared more than 900 million cubic meters of natural gas, according to the Alberta Energy Regulator (AER), representing a significant opportunity for energy recovery and repurposing. The project comes as hyperscalers are projected to invest approximately $350 billion in AI deployment in 2025, undersccoring the critical importance of scalable, energy-efficient infrastructure. By demonstrating the technical and economic viability of wellhead power generation for bitcoin mining and other high-density computing applications, Canaan and Aurora aim to establish a repeatable model that expands global computing capacity while improving the efficiency and sustainability of energy utilization.お知らせ • Aug 14Canaan Inc. Provides Earnings Guidance for the Third Quarter of 2025Canaan Inc. provides earnings guidance for the third quarter of 2025. For the quarter, the company expects total revenues to be in the range of USD 125 million to USD 145 million, reflecting the near-term market conditions and evolving customer dynamics, which are subject to change.お知らせ • Aug 07Canaan Inc. to Report Q2, 2025 Results on Aug 14, 2025Canaan Inc. announced that they will report Q2, 2025 results at 9:30 AM, US Eastern Standard Time on Aug 14, 2025お知らせ • Jun 24Canaan Inc. Announces Strategic RealignmentCanaan Inc. announced that it has commenced a strategic realignment aimed at sharpening its focus on its core businesses of bitcoin mining machine sales, self-mining operations, and consumer mining products. As part of this initiative, the Company will discontinue its non-core AI semiconductor business unit, described in the annual report for the year ended December 31, 2024 as "ASICs for edge computing applications", with the process expected to conclude in the coming months. This decision reflects the Company's commitment to streamlining operations, enhancing capital efficiency, and reducing expenditures unrelated to its primary business lines. By discontinuing the AI semiconductor business unit, Canaan will reallocate resources and leadership attention toward its foundational strengths in the rapidly evolving digital asset ecosystem. While the AI semiconductor business unit brought promising innovations, it did not align with the Company's streamlined growth strategy. In fiscal year 2024, the Company's revenue from the sale of edge computing products was approximately USD 0.9 million. Unaudited operating expenses related to this business accounted for around 15% of the Company's total operating expenses for fiscal year 2024. Beginning as early as March 2022, the Company has engaged external advisors, sought independent third-party valuation, and actively explored its strategic options for its AI semiconductor business, including partial or complete asset sales or orderly wind-downs of related operations. After the AI semiconductor business unit is fully discontinued, the Company expects its operating expenses to decline significantly. The Company remains committed to delivering cutting-edge ASIC solutions for crypto infrastructure, expanding its mining footprint, and strengthening its position in the global cryptocurrency infrastructure market.お知らせ • May 27Canaan Inc. (NasdaqGM:CAN) announces an Equity Buyback for $30 million worth of its shares.Canaan Inc. (NasdaqGM:CAN) announces a share repurchase program. Under the program, the company will repurchase up to $30 million worth of its outstanding American depositary shares and/or Class A ordinary shares. The program will be funded from the company’s existing cash balance. The program will be valid for the next 6 months starting from May 27, 2025.お知らせ • May 21+ 1 more updateCanaan Inc. Provides Earnings Guidance for the Second Quarter of 2025Canaan Inc. provides earnings guidance for the second quarter of 2025. For the quarter, the company expects total revenues to be approximately USD 100 million, reflecting the near-term market conditions and evolving customer dynamics, which are subject to change.お知らせ • May 12Canaan Inc. to Report Q1, 2025 Results on May 20, 2025Canaan Inc. announced that they will report Q1, 2025 results Pre-Market on May 20, 2025お知らせ • Mar 26+ 1 more updateCanaan Inc. Reports Impairment Charges for the Fourth Quarter Ended December 31, 2024Canaan Inc. reported impairment charges for the fourth quarter ended December 31, 2024. For the quarter, the company reported impairment on property and equipment of USD 4,043,000 compared to USD 6,324,000 a year ago.お知らせ • Mar 17Canaan Inc. to Report Q4, 2024 Results on Mar 26, 2025Canaan Inc. announced that they will report Q4, 2024 results Pre-Market on Mar 26, 2025お知らせ • Mar 11Canaan Inc. announced that it expects to receive $200 million in fundingCanaan Inc. announced that it has entered into a securities purchase agreement with an institutional investor for issuance of 200,000 series A-1 convertible preferred shares at a price of $1,000 per share for gross proceeds of $200,000,000 on March 10, 2025. The preferred shares are convertible into class A ordinary shares. On the same day, the company issued 100,000 series A-1 convertible preferred shares at a price of $1,000 per share for gross proceeds of $100,000,000 in its first tranche closing. The second closing of $100,000,000 is expected to occur on or before March 31, 2025.お知らせ • Mar 03Canaan Inc. Provides Earnings Guidance for the Fourth Quarter Ended December 31, 2024Canaan Inc. provided earnings guidance for the fourth quarter ended December 31, 2024. For the quarter, the company’s total revenues are expected to be approximately USD 89 million.お知らせ • Jan 21Canaan Inc. Provides Revenue Guidance for the Fiscal Year 2025Canaan Inc. provided revenue guidance for the fiscal year 2025. For the year, the company expects total revenues in the range of USD 900 million to USD 1.1 billion.お知らせ • Jan 08Canaan Introduces Revolutionary Bitcoin Mining Heaters for Home and Personal Use in Ces 2025Canaan INC announced the launch of the Avalon Mini 3 and Nano 3S in Las Vegas, CES. The two innovative Bitcoin mining devices are designed to democratize cryptocurrency mining for individuals and turning a home heating system into a crypto mining device. Product Innovation; Canaan is redefining home cryptocurrency mining with two devices. The Avalon Mini 3, with a Hashrate of 37.5Th/s, offers a unique dual-purpose solution, combining efficient Bitcoin mining with home heating. The app-controlled operation and sleek, quiet design, provides a remarkably easy-to-use, energy-efficient solution for mining newcomers and enthusiasts. The Avalon Nano 3S, which is upgraded from the widely-welcomed Avalon Nano 3, with a Hashrate of 6Th/s, complements this offering as an affordable, beginner-friendly Bitcoin mining device. Its compact and portable design alongside its low power consumption makes it ideal for individual users while supporting the broader goal of Bitcoin network decentralization. Reimagining Technology Efficiency; The Avalon Mini 3 can simultaneously mine Bitcoin and warm living spaces, offering homeowners a unique way to offset energy costs and reduce environmental impact. This device gives users innovative access to heat recycling, turning the computational work of Bitcoin mining into a dual-purpose solution that provides both digital currency and home comfort.お知らせ • Dec 24Canaan Inc. has filed a Follow-on Equity Offering in the amount of $270 million.Canaan Inc. has filed a Follow-on Equity Offering in the amount of $270 million. Security Name: American Depositary Shares Security Type: Depositary Receipt (Common Stock) Transaction Features: At the Market Offeringお知らせ • Nov 28Canaan Inc. announced that it has received $30 million in fundingOn November 26, 2024, Canaan Inc. closed the transaction.お知らせ • Nov 21Canaan Inc. announced that it expects to receive $30 million in fundingCanaan Inc. announced that it has entered into a securities purchase agreement with an institutional investor pursuant to which the Company shall issue and sell to the Buyer up to 30,000 Series A-1 Preferred Shares at the price of $1,000.00 for each Series A-1 Preferred Share for the gross proceeds of $30,000,000 on November 19, 2024. The Securities Purchase Agreement contains customary representations, warranties and agreements by the Company and the Buyer, and indemnification obligations of the Company against certain liabilities, including for liabilities under the Securities Act of 1933, as amended.お知らせ • Nov 20Canaan Inc. Provides Revenue Guidance for the Fourth Quarter of 2024Canaan Inc. provided revenue guidance for the fourth quarter of 2024. For the fourth quarter of 2024, the Company expects total revenues to be approximately USD 80 million.お知らせ • Nov 14Canaan Inc. to Report Q3, 2024 Results on Nov 20, 2024Canaan Inc. announced that they will report Q3, 2024 results Pre-Market on Nov 20, 2024お知らせ • Nov 08Canaan Upgrades Avalon Miner A15 Series with Superior PerformanceCanaan Inc. upgraded Avalon Miner A15 series mining machines. In April 2024, Canaan released its Avalon Miner A1566 air cooling machine with 185 TH/s hash rate and power efficiency ratio of 18.5 J/TH in Hong Kong. After continuous improvements in chips and embedded software in the past months, new Avalon Miner A15 series now features four models: 1, the high-end model Avalon Miner A15Pro with a hashrate no less than 215T and a power efficiency of 16.8J/T; 2, A15XP with a hashrate of 200-212T and a power efficiency of 17.8J/T; 3, A15 with a hashrate of 188-203T and a power efficiency of 18.8J/T; 4, A15SE with a hashrate of 170-185T and a power efficiency of 19.9J/T. The upgraded Avalon Miner A15 series offers notable excellent hashrate with better power efficiency, to address the escalating computational requirements and meet the diverse demands from customers of different mining scales, in different mining environments, aiming to deliver a more efficient and stable mining experience for miners around the world.Avalon Miner A15 series can be integrate seamlessly into Avalon Box with Canaan's One-Stop Mining Solutions. Along with 24/7 multilingual support across over 20 countries, Canaan reaffirms its commitment to providing miners worldwide with fast, reliable, and efficient solutions for mining deployment and maintenance. Avalon Miner A15 series can be ordered from now.Reported Earnings • Aug 16Second quarter 2024 earnings released: US$0.008 loss per share (vs US$0.15 loss in 2Q 2023)Second quarter 2024 results: US$0.008 loss per share (improved from US$0.15 loss in 2Q 2023). Revenue: US$36.8m (up 97% from 2Q 2023). Net loss: US$2.49m (loss narrowed 91% from 2Q 2023).お知らせ • Aug 15+ 1 more updateCanaan Inc. Reports Unaudited Consolidated Impairment Charges Results for the Second Quarter Ended June 30, 2024Canaan Inc. reported unaudited consolidated impairment charges results for the second quarter ended June 30, 2024. For the quarter, the company reported impairment on property, equipment and software of USD 798,000 against USD 9,111,000 a year ago.お知らせ • Aug 06Canaan Inc. to Report Q2, 2024 Results on Aug 15, 2024Canaan Inc. announced that they will report Q2, 2024 results Pre-Market on Aug 15, 2024お知らせ • Jun 27Canaan Inc. Launches the Third Generation of Immersion Cooling Avalon Miner A1566I at Mining Disrupt 2024Canaan Inc. unveiled its latest advancement, the Avalon Immersion Cooling Miner A1566I, with a hash rate of 249T and an energy efficiency of 19J/TH with a power consumption of 4500W, at the esteemed Mining Disrupt 2024 conference. Ning Zhang, Canaan's Vice President and General Manager of Canaan U.S. expressed his enthusiasm: "We are thrilled to introduce the Avalon Miner A1566I. This product epitomizes commitment to technological innovation and delivering efficient, environmentally friendly mining solutions to customers." Key Features of Avalon Immersion Cooling Miner A1566I: Power Efficiency: With a power consumption of 4500W and an energy efficiency of 19J/TH, the Avalon Miner A1566I maximizes mining output while minimizing operational costs. Innovative Design: Enhanced chip technology improves stability and performance, reducing the energy efficiency ratio to 19J/TH. The rear mesh exhaust design replaces traditional fans, significantly lowering noise levels. High ROI: The Avalon Miner A1566I's high hash rate and low power consumption are poised to increase profitability, especially post-Bitcoin's fourth halving. Versatile Operating Conditions: Capable of operating in temperatures from 20°C to 50°C with a voltage range of 220-277V. Its lightweight design (11kg) facilitates easy transport and installation. Flexible Design for Market Adaptation: the Avalon Miner A1566I is designed to seamlessly integrate with current tank setups, avoiding inefficiencies caused by larger, non-specialized units. The Avalon Miner A1566I enhances the miner's performance and lifespan while reducing energy consumption and noise pollution, aligning with Canaan's ESG (Environmental, Social, and Governance) strategy.Ning Zhang also released Canaan's ESG policy during his speech: "Canaan will give 2% Voucher to miners using green energes for their new orders", which demonstrated the company's determination of green mining.The successful launch of the Avalon Miner A1566I at Mining Disrupt 2024 underscores Canaan's leading position in the Bitcoin mining industry, setting a clear direction for future advancements. Canaan continues to drive industry innovation, providing optimal mining solutions for clients worldwide.New Risk • May 23New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 70% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 9.1% per year over the past 5 years. Shareholders have been substantially diluted in the past year (70% increase in shares outstanding).Reported Earnings • May 19First quarter 2024 earnings released: US$0.16 loss per share (vs US$0.51 loss in 1Q 2023)First quarter 2024 results: US$0.16 loss per share (improved from US$0.51 loss in 1Q 2023). Revenue: US$35.1m (down 37% from 1Q 2023). Net loss: US$39.4m (loss narrowed 53% from 1Q 2023).お知らせ • May 18Canaan Inc. Provides Revenue Guidance for the Third Quarter of 2024Canaan Inc. provided revenue guidance for the third quarter of 2024. For the quarter, the company expects total revenues to be approximately USD 70 million. This forecast reflects the Company's current and preliminary views on the market and operational conditions, which are subject to change.お知らせ • May 12Canaan Inc. to Report Q1, 2024 Results on May 17, 2024Canaan Inc. announced that they will report Q1, 2024 results Pre-Market on May 17, 2024お知らせ • May 10Canaan Inc. Debuts Avalon A15 New Product SeriesCanaan Inc. launched the star product A 1566 of Avalon A15 series, an upgraded bitcoin mining machine with Canaan's most advanced technology. Building on the pioneering 1xJ/T series, the Avalon A15, particularly the A1566 model, with an energy efficiency ratio of 18.5J/T, with its 185T hashing power and 3420W power consumption, sets a new benchmark in performance with improved power efficiency. This series reflects Canaan's intensified efforts in product development, market research and in collaboration with key partners, to deliver high quality, resilient mining solutions, especially crucial in the post-halving era. The Avalon A15 series is set to enhance profitability for users, reinforcing Canaan's commitment to innovation in the blockchain sector. Model: A1566-185T; Algorithm/Crypto: SHA256/BTC; Hash Rate@25?, TH/s: 185 ±5%; Power Consumption @Tj75?, Watt: 3420 ±10%; Power Efficient @Tj75°C, J/TH: 18.5 ±5%; Voltage: 200 - 300V; Net Weight, kg: 14.9; Work temperature °C: -5~35.Reported Earnings • Apr 19Full year 2023 earnings released: US$2.41 loss per share (vs US$0.41 profit in FY 2022)Full year 2023 results: US$2.41 loss per share (down from US$0.41 profit in FY 2022). Revenue: US$211.5m (down 68% from FY 2022). Net loss: US$414.2m (down US$484.0m from profit in FY 2022).お知らせ • Apr 18Canaan Inc. announced that it expects to receive $132 million in fundingCanaan Inc. announced a private placement that it will receive $132,000,000 in Series B financing on April 17, 2024.お知らせ • Mar 01Canaan Inc. Provides Revenue Guidance for the First Quarter of 2024, and the Second Quarter of 2024Canaan Inc. provided revenue guidance for the first quarter of 2024, and the second quarter of 2024. For the first quarter of 2024, and the second quarter of 2024, the company expects total revenues to be approximately USD 33 million and USD 70 million, respectively, considering the challenging market conditions across the industry.Reported Earnings • Feb 28Full year 2023 earnings released: US$2.41 loss per share (vs US$0.41 profit in FY 2022)Full year 2023 results: US$2.41 loss per share (down from US$0.41 profit in FY 2022). Revenue: US$211.5m (down 67% from FY 2022). Net loss: US$414.2m (down US$484.7m from profit in FY 2022).お知らせ • Feb 22Canaan Inc. to Report Q4, 2023 Results on Feb 27, 2024Canaan Inc. announced that they will report Q4, 2023 results Pre-Market on Feb 27, 2024New Risk • Jan 23New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 48% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (20% average weekly change). Minor Risk Shareholders have been diluted in the past year (48% increase in shares outstanding).お知らせ • Nov 29Canaan Inc. Provides revenue Guidance for the Fourth Quarter of 2023Canaan Inc. provided revenue guidance for the fourth quarter of 2023. For the fourth quarter of 2023, the Company expects total revenues to be approximately USD 34 million, considering the challenging market conditions across the industry. This forecast reflects the Company's current and preliminary views on the market and operational conditions, which are subject to change.Reported Earnings • Nov 29Third quarter 2023 earnings released: US$0.47 loss per share (vs US$0.038 profit in 3Q 2022)Third quarter 2023 results: US$0.47 loss per share (down from US$0.038 profit in 3Q 2022). Revenue: US$33.3m (down 76% from 3Q 2022). Net loss: US$80.1m (down US$86.6m from profit in 3Q 2022). Revenue is forecast to grow 107% p.a. on average during the next 2 years, compared to a 5.9% growth forecast for the Tech industry in Europe.お知らせ • Nov 29Canaan Inc. announced that it expects to receive $125 million in fundingCanaan Inc. announced that it has entered into a Securities Purchase Agreement with an institutional investor , pursuant to which the company shall issue and sell to the buyer up to 125,000 Series A Convertible Preferred Shares at the price of $1,000 for each preferred share for the gross proceeds of $125 million on November 27, 2023. The closing of the sale of Preferred Shares under the Agreement was conditioned upon general customary closing conditions. The company has adopted a Certificate of Designations of Preferred Shares, par value $0.00000005 per share, creating the Preferred Shares and providing for the designations, preferences and relative, participating, optional or other rights, and the qualifications, limitations or restrictions thereof, of the Preferred Shares, which has become effective upon such adoption. The Agreement contains customary representations, warranties and agreements by the Company and the Buyer, and indemnification obligations of the Company against certain liabilities, including for liabilities under the Securities Act of 1933, as amended.お知らせ • Nov 21Canaan Inc. to Report Q3, 2023 Results on Nov 28, 2023Canaan Inc. announced that they will report Q3, 2023 results Pre-Market on Nov 28, 2023お知らせ • Nov 15Canaan Inc. has filed a Follow-on Equity Offering in the amount of $148 million.Canaan Inc. has filed a Follow-on Equity Offering in the amount of $148 million. Security Name: American Depositary Shares Security Type: Depositary Receipt (Common Stock) Transaction Features: At the Market OfferingBoard Change • Sep 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Director Hongchao Du was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Reported Earnings • Aug 30Second quarter 2023 earnings released: US$0.15 loss per share (vs US$0.53 profit in 2Q 2022)Second quarter 2023 results: US$0.15 loss per share (down from US$0.53 profit in 2Q 2022). Revenue: US$18.6m (down 93% from 2Q 2022). Net loss: US$26.3m (down 129% from profit in 2Q 2022). Revenue is forecast to grow 37% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the Tech industry in Europe.お知らせ • Aug 30Canaan Inc. Provides Earnings Guidance for the Third Quarter of 2023Canaan Inc. provided earnings guidance for the third quarter of 2023. For the quarter, the company expects total revenues to be approximately USD 30 million, considering the challenging market conditions across the industry.New Risk • Aug 29New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 11% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risk Shareholders have been diluted in the past year (11% increase in shares outstanding).お知らせ • Aug 24Canaan Inc. to Report Q2, 2023 Results on Aug 29, 2023Canaan Inc. announced that they will report Q2, 2023 results Pre-Market on Aug 29, 2023Reported Earnings • May 27First quarter 2023 earnings released: US$0.51 loss per share (vs US$0.41 profit in 1Q 2022)First quarter 2023 results: US$0.51 loss per share (down from US$0.41 profit in 1Q 2022). Revenue: US$55.2m (down 74% from 1Q 2022). Net loss: US$84.4m (down 221% from profit in 1Q 2022). Revenue is forecast to grow 58% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Tech industry in Europe.Valuation Update With 7 Day Price Move • May 26Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €1.88, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 25x in the Tech industry in Europe.お知らせ • May 20Canaan Inc. to Report Q1, 2023 Results on May 26, 2023Canaan Inc. announced that they will report Q1, 2023 results Pre-Market on May 26, 2023Valuation Update With 7 Day Price Move • May 02Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €2.52, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 23x in the Tech industry in Europe.Valuation Update With 7 Day Price Move • Apr 11Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €2.68, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 19x in the Tech industry in Europe.Valuation Update With 7 Day Price Move • Mar 16Investor sentiment improves as stock rises 27%After last week's 27% share price gain to €2.76, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 23x in the Tech industry in Europe.Reported Earnings • Mar 08Full year 2022 earnings released: EPS: CN¥3.86 (vs CN¥11.90 in FY 2021)Full year 2022 results: EPS: CN¥3.86 (down from CN¥11.90 in FY 2021). Revenue: CN¥4.38b (down 12% from FY 2021). Net income: CN¥658.2m (down 67% from FY 2021). Profit margin: 15% (down from 40% in FY 2021). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 6.2% growth forecast for the Tech industry in Europe.業績と収益の成長予測DB:35J - アナリストの将来予測と過去の財務データ ( )USD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202789131N/AN/A112/31/2026470-106-188-156112/31/2025530-210-296-271N/A9/30/2025422-218N/AN/AN/A6/30/2025345-266-326-289N/A3/31/2025317-297N/AN/AN/A12/31/2024269-250-219-199N/A9/30/2024230-296N/AN/AN/A6/30/2024189-300-190-186N/A3/31/2024191-369N/AN/AN/A12/31/2023211-414-127-124N/A9/30/2023268-356N/AN/AN/A6/30/2023366-270N/AN/AN/A3/31/2023491-79N/AN/AN/A12/31/202265270-200-183N/A9/30/20228673226273N/A6/30/2022972419N/AN/AN/A3/31/2022925380N/AN/AN/A12/31/2021773309197202N/A9/30/2021440113N/AN/AN/A6/30/202126114N/AN/AN/A3/31/2021119-27N/AN/AN/A12/31/202069-3366N/A9/30/2020129-139N/AN/AN/A6/30/2020195-108N/AN/AN/A3/31/2020204-142N/AN/AN/A12/31/2019204-149-41-40N/A9/30/2019173-37N/A20N/A6/30/2019152-62N/A24N/A3/31/2019265-8N/AN/AN/A12/31/201839318N/A-2N/A12/31/201720158N/A14N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 35Jは今後 3 年間で収益性が向上すると予測されており、これは 貯蓄率 ( 1.9% ) よりも高い成長率であると考えられます。収益対市場: 35J今後 3 年間で収益性が向上すると予想されており、これは市場平均を上回る成長と考えられます。高成長収益: 35J今後 3 年以内に収益を上げることが予想されます。収益対市場: 35Jの収益 ( 28.7% ) German市場 ( 6.4% ) よりも速いペースで成長すると予測されています。高い収益成長: 35Jの収益 ( 28.7% ) 20%よりも速いペースで成長すると予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 35Jの 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YTech 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/06 07:00終値2026/05/06 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Canaan Inc. 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。11 アナリスト機関Mark PalmerBenchmark CompanyNicholas GilesB. Riley Securities, Inc.Gregory LewisBTIG8 その他のアナリストを表示
お知らせ • Nov 18Canaan Inc. Provides Earnings Guidance for the Fourth Quarter of 2025Canaan Inc. provides earnings guidance for the fourth quarter of 2025. For the quarter, the company expects total revenues to be in the range of USD 175 million to USD 205 million, reflecting the near-term market conditions and evolving customer dynamics, which are subject to change.
お知らせ • Aug 14Canaan Inc. Provides Earnings Guidance for the Third Quarter of 2025Canaan Inc. provides earnings guidance for the third quarter of 2025. For the quarter, the company expects total revenues to be in the range of USD 125 million to USD 145 million, reflecting the near-term market conditions and evolving customer dynamics, which are subject to change.
お知らせ • May 21+ 1 more updateCanaan Inc. Provides Earnings Guidance for the Second Quarter of 2025Canaan Inc. provides earnings guidance for the second quarter of 2025. For the quarter, the company expects total revenues to be approximately USD 100 million, reflecting the near-term market conditions and evolving customer dynamics, which are subject to change.
お知らせ • Mar 03Canaan Inc. Provides Earnings Guidance for the Fourth Quarter Ended December 31, 2024Canaan Inc. provided earnings guidance for the fourth quarter ended December 31, 2024. For the quarter, the company’s total revenues are expected to be approximately USD 89 million.
お知らせ • Jan 21Canaan Inc. Provides Revenue Guidance for the Fiscal Year 2025Canaan Inc. provided revenue guidance for the fiscal year 2025. For the year, the company expects total revenues in the range of USD 900 million to USD 1.1 billion.
お知らせ • Nov 20Canaan Inc. Provides Revenue Guidance for the Fourth Quarter of 2024Canaan Inc. provided revenue guidance for the fourth quarter of 2024. For the fourth quarter of 2024, the Company expects total revenues to be approximately USD 80 million.
お知らせ • Feb 25Canaan Inc. (NasdaqGM:CAN) acquired 49% stake in Alborz LLC, Bear LLC and Chief Mountain LLC from Cipher Mining Inc. (NasdaqGS:CIFR) for $39.8 million.Canaan Inc. (NasdaqGM:CAN) acquired 49% stake in Alborz LLC, Bear LLC and Chief Mountain LLC from Cipher Mining Inc. (NasdaqGS:CIFR) for $39.8 million on February 23, 2026. The total consideration for the transaction is approximately $39.75 million. To preserve the Canaan Inc's financial flexibility, the transaction was funded through the issuance of 806,439,900 Canaan Inc. Class A ordinary shares to Cipher, equivalent to 53,762,660 American Depositary Shares ("ADS"), priced at $0.7394 per ADS and subject to a lock-up period of six months. The joint venture comprising Alborz LLC, Bear LLC, and Chief Mountain LLC collectively, the "ABC Projects". Following the acquisition, Canaan now owns a 49% stake in the ABC Projects, while WindHQ LLC maintains its 51% stake in the ABC Projects. The team of Cleary Gottlieb Steen & Hamilton LLP led by James Jian Hu, Chase Kaniecki, Bill McRae, Helena Grannis, Shuangjun Wang and Puja Patel acted as legal advisor for Canaan Inc. Canaan Inc. (NasdaqGM:CAN) completed the acquisition of 49% stake in Alborz LLC, Bear LLC and Chief Mountain LLC from Cipher Mining Inc. (NasdaqGS:CIFR) on February 23, 2026.
お知らせ • Feb 03Canaan Inc. to Report Q4, 2025 Results on Feb 10, 2026Canaan Inc. announced that they will report Q4, 2025 results at 9:30 AM, US Eastern Standard Time on Feb 10, 2026
Board Change • Dec 30Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Director Hongchao Du was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
お知らせ • Dec 18Canaan Inc. (NasdaqGM:CAN) announces an Equity Buyback for $30 million worth of its shares.Canaan Inc. (NasdaqGM:CAN) announces a share repurchase program. Under the program, the company will repurchase up to $30 million worth of its outstanding American depositary shares and/or Class A ordinary shares. The program will be funded from the company’s existing cash balance. The purpose of the program is to create long-term shareholder value. The program will be valid over the next 12 months starting December 12, 2025.
お知らせ • Nov 18Canaan Inc. Provides Earnings Guidance for the Fourth Quarter of 2025Canaan Inc. provides earnings guidance for the fourth quarter of 2025. For the quarter, the company expects total revenues to be in the range of USD 175 million to USD 205 million, reflecting the near-term market conditions and evolving customer dynamics, which are subject to change.
お知らせ • Nov 11Canaan Inc. to Report Q3, 2025 Results on Nov 18, 2025Canaan Inc. announced that they will report Q3, 2025 results Pre-Market on Nov 18, 2025
お知らせ • Nov 07Canaan Inc. has completed a Follow-on Equity Offering in the amount of $71.999999 million.Canaan Inc. has completed a Follow-on Equity Offering in the amount of $71.999999 million. Security Name: American Depositary Shares Security Type: Depositary Receipt (Common Stock) Securities Offered: 63,660,477 Price\Range: $1.131 Discount Per Security: $0 Transaction Features: Registered Direct Offering
お知らせ • Nov 05Canaan Inc. has filed a Follow-on Equity Offering in the amount of $71.999999 million.Canaan Inc. has filed a Follow-on Equity Offering in the amount of $71.999999 million. Security Name: American Depositary Shares Security Type: Depositary Receipt (Common Stock) Securities Offered: 63,660,477 Price\Range: $1.131 Transaction Features: Registered Direct Offering
お知らせ • Oct 31Canaan Inc. has completed a Follow-on Equity Offering in the amount of $7.7924 million.Canaan Inc. has completed a Follow-on Equity Offering in the amount of $7.7924 million. Security Name: American Depositary Shares Security Type: Depositary Receipt (Common Stock) Securities Offered: 4,840,000 Price\Range: $1.61 Discount Per Security: $0.0483 Transaction Features: At the Market Offering
お知らせ • Oct 28Canaan Inc. Unveils Next-Gen Avalon A16 Series Bitcoin Mining Machine Featuring Breakthrough ASIC ChipCanaan Inc. announced the official launch of its latest generation bitcoin mining machine, the Avalon A16 series at the Blockchain Life 2025 summit in Dubai, representing a significant advancement in mining performance and chip innovation. The newly launched Avalon A16XP air-cooled model (the "A16XP") delivers 300 terahash per second (TH/s) of computing power per unit at a power efficiency of 12.8 joules per terahash (J/TH). Coupled with Avalon's superior durability and reliability, the A16XP stands among the most competitive mining machines in the market, empowering mining clients to maintain operational advantage and maximize return on investment, even amid rising network difficulty. The A16 series mining machines are now available for pre-order and will ship from the Company's production centers in North America, East Asia, and Southeast Asia. This new product further reinforces Canaan's vertical integration across the bitcoin value chain--from ASIC design and hardware sales to self-mining operations and bitcoin treasury management. By advancing this strategic model, the Company is positioned to capture greater value throughout industry cycles, while improving efficiency, resiliency, and operational agility. Canaan will continue to expand its international footprint through dedicated sales and service operations across the globe, supporting its bitcoin mining clients by providing world-class hardware solutions and post-sale support.
お知らせ • Oct 25Canaan Inc. has filed a Follow-on Equity Offering in the amount of $270 million.Canaan Inc. has filed a Follow-on Equity Offering in the amount of $270 million. Security Name: American Depositary Shares Security Type: Depositary Receipt (Common Stock) Transaction Features: At the Market Offering
お知らせ • Oct 14Canaan Inc. Launches Innovative Gas-to-Computing Pilot in Canada with Energy Infrastructure DeveloperCanaan Inc. announced the launch of a pilot mining project in Calgary, Alberta, Canada, through a joint mining agreement with Aurora AZ Energy Ltd., a Calgary-based energy infrastructure company that develops and operates natural gas wellhead power solutions for HPC/AI data centers and bitcoin mining applications. This gas-to-computing initiative is designed to convert distributed natural gas resources - such as wellhead gas - into reliable, cost-efficient power for high-density computing environments. The project is designed to demonstrate high uptime and modular scalability. Under the agreement, Canaan is guaranteed 90% uptime, subject to limited exemptions, including extreme weather conditions and scheduled gas well or generator maintenance. The project will pilot a fully integrated gas-to-compute system that connects natural gas extraction, power generation, and computing operations within a single modular architecture. The deployment includes over $2 million of Avalon®? A15 Pro miners and containerized data modules from Canaan that will be installed directly at wellheads. Through Aurora's on-site energy operations, stranded or flared gas will be converted into usable electricity at power costs well below industry norms. During periods of curtailment, Canaan will also participate in the economic benefits of selling excess power back to the grid through emergency or economic demand-response programs. The Company expects that the deployment of 700 Avalon A15 Pro units will provide approximately 2.5 megawatts (MW) of computing capacity directly at the wellhead. By utilizing natural gas that would otherwise be flared, the project is expected to eliminate an estimated 12,000 to 14,000 metric tons of CO2-equivalent emissions annually and demonstrates how responsible energy reuse can align environmental benefits with strong project-level economics. In 2024, the province of Alberta alone flared more than 900 million cubic meters of natural gas, according to the Alberta Energy Regulator (AER), representing a significant opportunity for energy recovery and repurposing. The project comes as hyperscalers are projected to invest approximately $350 billion in AI deployment in 2025, undersccoring the critical importance of scalable, energy-efficient infrastructure. By demonstrating the technical and economic viability of wellhead power generation for bitcoin mining and other high-density computing applications, Canaan and Aurora aim to establish a repeatable model that expands global computing capacity while improving the efficiency and sustainability of energy utilization.
お知らせ • Aug 14Canaan Inc. Provides Earnings Guidance for the Third Quarter of 2025Canaan Inc. provides earnings guidance for the third quarter of 2025. For the quarter, the company expects total revenues to be in the range of USD 125 million to USD 145 million, reflecting the near-term market conditions and evolving customer dynamics, which are subject to change.
お知らせ • Aug 07Canaan Inc. to Report Q2, 2025 Results on Aug 14, 2025Canaan Inc. announced that they will report Q2, 2025 results at 9:30 AM, US Eastern Standard Time on Aug 14, 2025
お知らせ • Jun 24Canaan Inc. Announces Strategic RealignmentCanaan Inc. announced that it has commenced a strategic realignment aimed at sharpening its focus on its core businesses of bitcoin mining machine sales, self-mining operations, and consumer mining products. As part of this initiative, the Company will discontinue its non-core AI semiconductor business unit, described in the annual report for the year ended December 31, 2024 as "ASICs for edge computing applications", with the process expected to conclude in the coming months. This decision reflects the Company's commitment to streamlining operations, enhancing capital efficiency, and reducing expenditures unrelated to its primary business lines. By discontinuing the AI semiconductor business unit, Canaan will reallocate resources and leadership attention toward its foundational strengths in the rapidly evolving digital asset ecosystem. While the AI semiconductor business unit brought promising innovations, it did not align with the Company's streamlined growth strategy. In fiscal year 2024, the Company's revenue from the sale of edge computing products was approximately USD 0.9 million. Unaudited operating expenses related to this business accounted for around 15% of the Company's total operating expenses for fiscal year 2024. Beginning as early as March 2022, the Company has engaged external advisors, sought independent third-party valuation, and actively explored its strategic options for its AI semiconductor business, including partial or complete asset sales or orderly wind-downs of related operations. After the AI semiconductor business unit is fully discontinued, the Company expects its operating expenses to decline significantly. The Company remains committed to delivering cutting-edge ASIC solutions for crypto infrastructure, expanding its mining footprint, and strengthening its position in the global cryptocurrency infrastructure market.
お知らせ • May 27Canaan Inc. (NasdaqGM:CAN) announces an Equity Buyback for $30 million worth of its shares.Canaan Inc. (NasdaqGM:CAN) announces a share repurchase program. Under the program, the company will repurchase up to $30 million worth of its outstanding American depositary shares and/or Class A ordinary shares. The program will be funded from the company’s existing cash balance. The program will be valid for the next 6 months starting from May 27, 2025.
お知らせ • May 21+ 1 more updateCanaan Inc. Provides Earnings Guidance for the Second Quarter of 2025Canaan Inc. provides earnings guidance for the second quarter of 2025. For the quarter, the company expects total revenues to be approximately USD 100 million, reflecting the near-term market conditions and evolving customer dynamics, which are subject to change.
お知らせ • May 12Canaan Inc. to Report Q1, 2025 Results on May 20, 2025Canaan Inc. announced that they will report Q1, 2025 results Pre-Market on May 20, 2025
お知らせ • Mar 26+ 1 more updateCanaan Inc. Reports Impairment Charges for the Fourth Quarter Ended December 31, 2024Canaan Inc. reported impairment charges for the fourth quarter ended December 31, 2024. For the quarter, the company reported impairment on property and equipment of USD 4,043,000 compared to USD 6,324,000 a year ago.
お知らせ • Mar 17Canaan Inc. to Report Q4, 2024 Results on Mar 26, 2025Canaan Inc. announced that they will report Q4, 2024 results Pre-Market on Mar 26, 2025
お知らせ • Mar 11Canaan Inc. announced that it expects to receive $200 million in fundingCanaan Inc. announced that it has entered into a securities purchase agreement with an institutional investor for issuance of 200,000 series A-1 convertible preferred shares at a price of $1,000 per share for gross proceeds of $200,000,000 on March 10, 2025. The preferred shares are convertible into class A ordinary shares. On the same day, the company issued 100,000 series A-1 convertible preferred shares at a price of $1,000 per share for gross proceeds of $100,000,000 in its first tranche closing. The second closing of $100,000,000 is expected to occur on or before March 31, 2025.
お知らせ • Mar 03Canaan Inc. Provides Earnings Guidance for the Fourth Quarter Ended December 31, 2024Canaan Inc. provided earnings guidance for the fourth quarter ended December 31, 2024. For the quarter, the company’s total revenues are expected to be approximately USD 89 million.
お知らせ • Jan 21Canaan Inc. Provides Revenue Guidance for the Fiscal Year 2025Canaan Inc. provided revenue guidance for the fiscal year 2025. For the year, the company expects total revenues in the range of USD 900 million to USD 1.1 billion.
お知らせ • Jan 08Canaan Introduces Revolutionary Bitcoin Mining Heaters for Home and Personal Use in Ces 2025Canaan INC announced the launch of the Avalon Mini 3 and Nano 3S in Las Vegas, CES. The two innovative Bitcoin mining devices are designed to democratize cryptocurrency mining for individuals and turning a home heating system into a crypto mining device. Product Innovation; Canaan is redefining home cryptocurrency mining with two devices. The Avalon Mini 3, with a Hashrate of 37.5Th/s, offers a unique dual-purpose solution, combining efficient Bitcoin mining with home heating. The app-controlled operation and sleek, quiet design, provides a remarkably easy-to-use, energy-efficient solution for mining newcomers and enthusiasts. The Avalon Nano 3S, which is upgraded from the widely-welcomed Avalon Nano 3, with a Hashrate of 6Th/s, complements this offering as an affordable, beginner-friendly Bitcoin mining device. Its compact and portable design alongside its low power consumption makes it ideal for individual users while supporting the broader goal of Bitcoin network decentralization. Reimagining Technology Efficiency; The Avalon Mini 3 can simultaneously mine Bitcoin and warm living spaces, offering homeowners a unique way to offset energy costs and reduce environmental impact. This device gives users innovative access to heat recycling, turning the computational work of Bitcoin mining into a dual-purpose solution that provides both digital currency and home comfort.
お知らせ • Dec 24Canaan Inc. has filed a Follow-on Equity Offering in the amount of $270 million.Canaan Inc. has filed a Follow-on Equity Offering in the amount of $270 million. Security Name: American Depositary Shares Security Type: Depositary Receipt (Common Stock) Transaction Features: At the Market Offering
お知らせ • Nov 28Canaan Inc. announced that it has received $30 million in fundingOn November 26, 2024, Canaan Inc. closed the transaction.
お知らせ • Nov 21Canaan Inc. announced that it expects to receive $30 million in fundingCanaan Inc. announced that it has entered into a securities purchase agreement with an institutional investor pursuant to which the Company shall issue and sell to the Buyer up to 30,000 Series A-1 Preferred Shares at the price of $1,000.00 for each Series A-1 Preferred Share for the gross proceeds of $30,000,000 on November 19, 2024. The Securities Purchase Agreement contains customary representations, warranties and agreements by the Company and the Buyer, and indemnification obligations of the Company against certain liabilities, including for liabilities under the Securities Act of 1933, as amended.
お知らせ • Nov 20Canaan Inc. Provides Revenue Guidance for the Fourth Quarter of 2024Canaan Inc. provided revenue guidance for the fourth quarter of 2024. For the fourth quarter of 2024, the Company expects total revenues to be approximately USD 80 million.
お知らせ • Nov 14Canaan Inc. to Report Q3, 2024 Results on Nov 20, 2024Canaan Inc. announced that they will report Q3, 2024 results Pre-Market on Nov 20, 2024
お知らせ • Nov 08Canaan Upgrades Avalon Miner A15 Series with Superior PerformanceCanaan Inc. upgraded Avalon Miner A15 series mining machines. In April 2024, Canaan released its Avalon Miner A1566 air cooling machine with 185 TH/s hash rate and power efficiency ratio of 18.5 J/TH in Hong Kong. After continuous improvements in chips and embedded software in the past months, new Avalon Miner A15 series now features four models: 1, the high-end model Avalon Miner A15Pro with a hashrate no less than 215T and a power efficiency of 16.8J/T; 2, A15XP with a hashrate of 200-212T and a power efficiency of 17.8J/T; 3, A15 with a hashrate of 188-203T and a power efficiency of 18.8J/T; 4, A15SE with a hashrate of 170-185T and a power efficiency of 19.9J/T. The upgraded Avalon Miner A15 series offers notable excellent hashrate with better power efficiency, to address the escalating computational requirements and meet the diverse demands from customers of different mining scales, in different mining environments, aiming to deliver a more efficient and stable mining experience for miners around the world.Avalon Miner A15 series can be integrate seamlessly into Avalon Box with Canaan's One-Stop Mining Solutions. Along with 24/7 multilingual support across over 20 countries, Canaan reaffirms its commitment to providing miners worldwide with fast, reliable, and efficient solutions for mining deployment and maintenance. Avalon Miner A15 series can be ordered from now.
Reported Earnings • Aug 16Second quarter 2024 earnings released: US$0.008 loss per share (vs US$0.15 loss in 2Q 2023)Second quarter 2024 results: US$0.008 loss per share (improved from US$0.15 loss in 2Q 2023). Revenue: US$36.8m (up 97% from 2Q 2023). Net loss: US$2.49m (loss narrowed 91% from 2Q 2023).
お知らせ • Aug 15+ 1 more updateCanaan Inc. Reports Unaudited Consolidated Impairment Charges Results for the Second Quarter Ended June 30, 2024Canaan Inc. reported unaudited consolidated impairment charges results for the second quarter ended June 30, 2024. For the quarter, the company reported impairment on property, equipment and software of USD 798,000 against USD 9,111,000 a year ago.
お知らせ • Aug 06Canaan Inc. to Report Q2, 2024 Results on Aug 15, 2024Canaan Inc. announced that they will report Q2, 2024 results Pre-Market on Aug 15, 2024
お知らせ • Jun 27Canaan Inc. Launches the Third Generation of Immersion Cooling Avalon Miner A1566I at Mining Disrupt 2024Canaan Inc. unveiled its latest advancement, the Avalon Immersion Cooling Miner A1566I, with a hash rate of 249T and an energy efficiency of 19J/TH with a power consumption of 4500W, at the esteemed Mining Disrupt 2024 conference. Ning Zhang, Canaan's Vice President and General Manager of Canaan U.S. expressed his enthusiasm: "We are thrilled to introduce the Avalon Miner A1566I. This product epitomizes commitment to technological innovation and delivering efficient, environmentally friendly mining solutions to customers." Key Features of Avalon Immersion Cooling Miner A1566I: Power Efficiency: With a power consumption of 4500W and an energy efficiency of 19J/TH, the Avalon Miner A1566I maximizes mining output while minimizing operational costs. Innovative Design: Enhanced chip technology improves stability and performance, reducing the energy efficiency ratio to 19J/TH. The rear mesh exhaust design replaces traditional fans, significantly lowering noise levels. High ROI: The Avalon Miner A1566I's high hash rate and low power consumption are poised to increase profitability, especially post-Bitcoin's fourth halving. Versatile Operating Conditions: Capable of operating in temperatures from 20°C to 50°C with a voltage range of 220-277V. Its lightweight design (11kg) facilitates easy transport and installation. Flexible Design for Market Adaptation: the Avalon Miner A1566I is designed to seamlessly integrate with current tank setups, avoiding inefficiencies caused by larger, non-specialized units. The Avalon Miner A1566I enhances the miner's performance and lifespan while reducing energy consumption and noise pollution, aligning with Canaan's ESG (Environmental, Social, and Governance) strategy.Ning Zhang also released Canaan's ESG policy during his speech: "Canaan will give 2% Voucher to miners using green energes for their new orders", which demonstrated the company's determination of green mining.The successful launch of the Avalon Miner A1566I at Mining Disrupt 2024 underscores Canaan's leading position in the Bitcoin mining industry, setting a clear direction for future advancements. Canaan continues to drive industry innovation, providing optimal mining solutions for clients worldwide.
New Risk • May 23New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 70% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 9.1% per year over the past 5 years. Shareholders have been substantially diluted in the past year (70% increase in shares outstanding).
Reported Earnings • May 19First quarter 2024 earnings released: US$0.16 loss per share (vs US$0.51 loss in 1Q 2023)First quarter 2024 results: US$0.16 loss per share (improved from US$0.51 loss in 1Q 2023). Revenue: US$35.1m (down 37% from 1Q 2023). Net loss: US$39.4m (loss narrowed 53% from 1Q 2023).
お知らせ • May 18Canaan Inc. Provides Revenue Guidance for the Third Quarter of 2024Canaan Inc. provided revenue guidance for the third quarter of 2024. For the quarter, the company expects total revenues to be approximately USD 70 million. This forecast reflects the Company's current and preliminary views on the market and operational conditions, which are subject to change.
お知らせ • May 12Canaan Inc. to Report Q1, 2024 Results on May 17, 2024Canaan Inc. announced that they will report Q1, 2024 results Pre-Market on May 17, 2024
お知らせ • May 10Canaan Inc. Debuts Avalon A15 New Product SeriesCanaan Inc. launched the star product A 1566 of Avalon A15 series, an upgraded bitcoin mining machine with Canaan's most advanced technology. Building on the pioneering 1xJ/T series, the Avalon A15, particularly the A1566 model, with an energy efficiency ratio of 18.5J/T, with its 185T hashing power and 3420W power consumption, sets a new benchmark in performance with improved power efficiency. This series reflects Canaan's intensified efforts in product development, market research and in collaboration with key partners, to deliver high quality, resilient mining solutions, especially crucial in the post-halving era. The Avalon A15 series is set to enhance profitability for users, reinforcing Canaan's commitment to innovation in the blockchain sector. Model: A1566-185T; Algorithm/Crypto: SHA256/BTC; Hash Rate@25?, TH/s: 185 ±5%; Power Consumption @Tj75?, Watt: 3420 ±10%; Power Efficient @Tj75°C, J/TH: 18.5 ±5%; Voltage: 200 - 300V; Net Weight, kg: 14.9; Work temperature °C: -5~35.
Reported Earnings • Apr 19Full year 2023 earnings released: US$2.41 loss per share (vs US$0.41 profit in FY 2022)Full year 2023 results: US$2.41 loss per share (down from US$0.41 profit in FY 2022). Revenue: US$211.5m (down 68% from FY 2022). Net loss: US$414.2m (down US$484.0m from profit in FY 2022).
お知らせ • Apr 18Canaan Inc. announced that it expects to receive $132 million in fundingCanaan Inc. announced a private placement that it will receive $132,000,000 in Series B financing on April 17, 2024.
お知らせ • Mar 01Canaan Inc. Provides Revenue Guidance for the First Quarter of 2024, and the Second Quarter of 2024Canaan Inc. provided revenue guidance for the first quarter of 2024, and the second quarter of 2024. For the first quarter of 2024, and the second quarter of 2024, the company expects total revenues to be approximately USD 33 million and USD 70 million, respectively, considering the challenging market conditions across the industry.
Reported Earnings • Feb 28Full year 2023 earnings released: US$2.41 loss per share (vs US$0.41 profit in FY 2022)Full year 2023 results: US$2.41 loss per share (down from US$0.41 profit in FY 2022). Revenue: US$211.5m (down 67% from FY 2022). Net loss: US$414.2m (down US$484.7m from profit in FY 2022).
お知らせ • Feb 22Canaan Inc. to Report Q4, 2023 Results on Feb 27, 2024Canaan Inc. announced that they will report Q4, 2023 results Pre-Market on Feb 27, 2024
New Risk • Jan 23New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 48% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (20% average weekly change). Minor Risk Shareholders have been diluted in the past year (48% increase in shares outstanding).
お知らせ • Nov 29Canaan Inc. Provides revenue Guidance for the Fourth Quarter of 2023Canaan Inc. provided revenue guidance for the fourth quarter of 2023. For the fourth quarter of 2023, the Company expects total revenues to be approximately USD 34 million, considering the challenging market conditions across the industry. This forecast reflects the Company's current and preliminary views on the market and operational conditions, which are subject to change.
Reported Earnings • Nov 29Third quarter 2023 earnings released: US$0.47 loss per share (vs US$0.038 profit in 3Q 2022)Third quarter 2023 results: US$0.47 loss per share (down from US$0.038 profit in 3Q 2022). Revenue: US$33.3m (down 76% from 3Q 2022). Net loss: US$80.1m (down US$86.6m from profit in 3Q 2022). Revenue is forecast to grow 107% p.a. on average during the next 2 years, compared to a 5.9% growth forecast for the Tech industry in Europe.
お知らせ • Nov 29Canaan Inc. announced that it expects to receive $125 million in fundingCanaan Inc. announced that it has entered into a Securities Purchase Agreement with an institutional investor , pursuant to which the company shall issue and sell to the buyer up to 125,000 Series A Convertible Preferred Shares at the price of $1,000 for each preferred share for the gross proceeds of $125 million on November 27, 2023. The closing of the sale of Preferred Shares under the Agreement was conditioned upon general customary closing conditions. The company has adopted a Certificate of Designations of Preferred Shares, par value $0.00000005 per share, creating the Preferred Shares and providing for the designations, preferences and relative, participating, optional or other rights, and the qualifications, limitations or restrictions thereof, of the Preferred Shares, which has become effective upon such adoption. The Agreement contains customary representations, warranties and agreements by the Company and the Buyer, and indemnification obligations of the Company against certain liabilities, including for liabilities under the Securities Act of 1933, as amended.
お知らせ • Nov 21Canaan Inc. to Report Q3, 2023 Results on Nov 28, 2023Canaan Inc. announced that they will report Q3, 2023 results Pre-Market on Nov 28, 2023
お知らせ • Nov 15Canaan Inc. has filed a Follow-on Equity Offering in the amount of $148 million.Canaan Inc. has filed a Follow-on Equity Offering in the amount of $148 million. Security Name: American Depositary Shares Security Type: Depositary Receipt (Common Stock) Transaction Features: At the Market Offering
Board Change • Sep 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Director Hongchao Du was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Reported Earnings • Aug 30Second quarter 2023 earnings released: US$0.15 loss per share (vs US$0.53 profit in 2Q 2022)Second quarter 2023 results: US$0.15 loss per share (down from US$0.53 profit in 2Q 2022). Revenue: US$18.6m (down 93% from 2Q 2022). Net loss: US$26.3m (down 129% from profit in 2Q 2022). Revenue is forecast to grow 37% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the Tech industry in Europe.
お知らせ • Aug 30Canaan Inc. Provides Earnings Guidance for the Third Quarter of 2023Canaan Inc. provided earnings guidance for the third quarter of 2023. For the quarter, the company expects total revenues to be approximately USD 30 million, considering the challenging market conditions across the industry.
New Risk • Aug 29New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 11% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risk Shareholders have been diluted in the past year (11% increase in shares outstanding).
お知らせ • Aug 24Canaan Inc. to Report Q2, 2023 Results on Aug 29, 2023Canaan Inc. announced that they will report Q2, 2023 results Pre-Market on Aug 29, 2023
Reported Earnings • May 27First quarter 2023 earnings released: US$0.51 loss per share (vs US$0.41 profit in 1Q 2022)First quarter 2023 results: US$0.51 loss per share (down from US$0.41 profit in 1Q 2022). Revenue: US$55.2m (down 74% from 1Q 2022). Net loss: US$84.4m (down 221% from profit in 1Q 2022). Revenue is forecast to grow 58% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Tech industry in Europe.
Valuation Update With 7 Day Price Move • May 26Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €1.88, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 25x in the Tech industry in Europe.
お知らせ • May 20Canaan Inc. to Report Q1, 2023 Results on May 26, 2023Canaan Inc. announced that they will report Q1, 2023 results Pre-Market on May 26, 2023
Valuation Update With 7 Day Price Move • May 02Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €2.52, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 23x in the Tech industry in Europe.
Valuation Update With 7 Day Price Move • Apr 11Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €2.68, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 19x in the Tech industry in Europe.
Valuation Update With 7 Day Price Move • Mar 16Investor sentiment improves as stock rises 27%After last week's 27% share price gain to €2.76, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 23x in the Tech industry in Europe.
Reported Earnings • Mar 08Full year 2022 earnings released: EPS: CN¥3.86 (vs CN¥11.90 in FY 2021)Full year 2022 results: EPS: CN¥3.86 (down from CN¥11.90 in FY 2021). Revenue: CN¥4.38b (down 12% from FY 2021). Net income: CN¥658.2m (down 67% from FY 2021). Profit margin: 15% (down from 40% in FY 2021). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 6.2% growth forecast for the Tech industry in Europe.