35J Stock Overview
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. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 5/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
Canaan Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$2.06 |
| 52 Week High | US$3.06 |
| 52 Week Low | US$0.60 |
| Beta | 3.29 |
| 1 Month Change | 8.42% |
| 3 Month Change | 132.77% |
| 1 Year Change | -16.94% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -9.25% |
Recent News & Updates
Recent updates
Shareholder Returns
| 35J | DE Tech | DE Market | |
|---|---|---|---|
| 7D | 6.2% | 11.5% | 0.3% |
| 1Y | -16.9% | 20.1% | 6.9% |
Return vs Industry: 35J underperformed the German Tech industry which returned 20.7% over the past year.
Return vs Market: 35J underperformed the German Market which returned 7.2% over the past year.
Price Volatility
| 35J volatility | |
|---|---|
| 35J Average Weekly Movement | 21.4% |
| Tech Industry Average Movement | 5.5% |
| Market Average Movement | 4.9% |
| 10% most volatile stocks in DE Market | 11.8% |
| 10% least volatile stocks in DE Market | 2.4% |
Stable Share Price: 35J's share price has been volatile over the past 3 months compared to the German market.
Volatility Over Time: 35J's weekly volatility (21%) has been stable over the past year, but is still higher than 75% of German stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2013 | 445 | Nangeng Zhang | investor.canaan-creative.com |
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. Fundamentals Summary
| 35J fundamental statistics | |
|---|---|
| Market cap | €618.06m |
| Earnings (TTM) | -€284.45m |
| Revenue (TTM) | €220.77m |
2.8x
P/S Ratio-2.2x
P/E RatioIs 35J overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 35J income statement (TTM) | |
|---|---|
| Revenue | US$229.63m |
| Cost of Revenue | US$361.67m |
| Gross Profit | -US$132.04m |
| Other Expenses | US$163.83m |
| Earnings | -US$295.87m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -1.03 |
| Gross Margin | -57.50% |
| Net Profit Margin | -128.84% |
| Debt/Equity Ratio | 7.6% |
How did 35J perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 22:25 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Canaan Inc. is covered by 8 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Nicholas Giles | B. Riley Securities, Inc. |
| Lucas Pipes | B. Riley Securities, Inc. |
| Jiaer Zhu | China Renaissance Securities |