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 | 2/6 |
| Future Growth | 5/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
Canaan Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$1.70 |
| 52 Week High | US$3.06 |
| 52 Week Low | US$0.60 |
| Beta | 3.07 |
| 11 Month Change | 87.85% |
| 3 Month Change | 96.53% |
| 1 Year Change | 20.57% |
| 33 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -25.11% |
Recent News & Updates
Recent updates
Shareholder Returns
| 35J | DE Tech | DE Market | |
|---|---|---|---|
| 7D | 21.4% | -9.1% | -0.4% |
| 1Y | 20.6% | -33.4% | 7.1% |
Return vs Industry: 35J exceeded the German Tech industry which returned -33.4% over the past year.
Return vs Market: 35J exceeded the German Market which returned 7.1% over the past year.
Price Volatility
| 35J volatility | |
|---|---|
| 35J Average Weekly Movement | 17.0% |
| Tech Industry Average Movement | 6.3% |
| Market Average Movement | 4.8% |
| 10% most volatile stocks in DE Market | 11.0% |
| 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 (17%) 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 | €458.42m |
| Earnings (TTM) | -€282.26m |
| Revenue (TTM) | €219.07m |
2.3x
P/S Ratio-1.8x
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 comparison