Canaan Past Earnings Performance

Past criteria checks 0/6

Canaan has been growing earnings at an average annual rate of 1.8%, while the Tech industry saw earnings growing at 14.3% annually. Revenues have been growing at an average rate of 20% per year.

Key information

1.8%

Earnings growth rate

3.4%

EPS growth rate

Tech Industry Growth14.3%
Revenue growth rate20.0%
Return on equity-118.9%
Net Margin-195.8%
Last Earnings Update31 Dec 2023

Recent past performance updates

Recent updates

Investors Still Waiting For A Pull Back In Canaan Inc. (NASDAQ:CAN)

Mar 01
Investors Still Waiting For A Pull Back In Canaan Inc. (NASDAQ:CAN)

Canaan Inc.: Riding The Bitcoin Wave - Not The Time To Be Bearish

Jan 15

Canaan (NASDAQ:CAN) Will Want To Turn Around Its Return Trends

Apr 12
Canaan (NASDAQ:CAN) Will Want To Turn Around Its Return Trends

Things Look Grim For Canaan Inc. (NASDAQ:CAN) After Today's Downgrade

Nov 18
Things Look Grim For Canaan Inc. (NASDAQ:CAN) After Today's Downgrade

Canaan: Bitcoin Ties Overcome Any Chip Growth Potential, For Now

Sep 16

Canaan Q2 2022 Earnings Preview

Aug 17

Canaan lands Buy rating from HCW on improved equipment performance

Jul 07

Canaan: The Unheard Of Computer Chip Stock

Jun 14

Covid Bites Canaan In First Quarter, But Advance Orders Bode Well For Second

May 25

This Canaan Inc. (NASDAQ:CAN) Analyst Is Way More Bearish Than They Used To Be

May 20
This Canaan Inc. (NASDAQ:CAN) Analyst Is Way More Bearish Than They Used To Be

We Think That There Are Issues Underlying Canaan's (NASDAQ:CAN) Earnings

May 10
We Think That There Are Issues Underlying Canaan's (NASDAQ:CAN) Earnings

Canaan Turns To Bitcoin Mining Even As Crypto Hunters Face Mounting Challenges

Jan 11

Canaan: Crypto Craze Volatility Likely To Spell Trouble

Oct 29

Bitcoin Mining Machine Maker Canaan Plays Up Offshore Sales

Aug 16

Canaan secures an order of 10,000 bitcoin mining machines

Jun 16

Canaan: China Bitcoin Crackdown Spells Short-Term Trouble

Jun 08

Canaan reports Q1 results

Jun 01

Canaan nabs $93.6M in bitcoin mining machine order through strategic partnership with Genesis Digital Assets

Apr 28

What Kind Of Shareholders Hold The Majority In Canaan Inc.'s (NASDAQ:CAN) Shares?

Mar 03
What Kind Of Shareholders Hold The Majority In Canaan Inc.'s (NASDAQ:CAN) Shares?

Quick Take On Canaan Inc.'S Third Quarter Results

Dec 06

Canaan reports Q3 results

Nov 30

Canaan Inc. Third-Quarter Earnings Preview

Nov 25

Canaan Profits From Bitcoin's Rise As Its AI Segment Waits

Nov 17

Revenue & Expenses Breakdown
Beta

How Canaan makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqGM:CAN Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 23211-4147965
30 Sep 23161-2747766
30 Jun 23432-1349278
31 Mar 23491-799083
31 Dec 22635719379
30 Sep 228673228961
30 Jun 229724199862
31 Mar 2292538010858
31 Dec 2178531510952
30 Sep 214401138840
30 Jun 21261146730
31 Mar 21119-274124
31 Dec 2069-332321
30 Sep 20129-1392624
30 Jun 20195-1082424
31 Mar 20204-1425325
31 Dec 19204-1495324
30 Sep 19173-374822
30 Jun 19152-625227
31 Mar 19265-82428
31 Dec 18393182728
31 Dec 17201582215

Quality Earnings: CAN is currently unprofitable.

Growing Profit Margin: CAN is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: CAN is unprofitable, but has reduced losses over the past 5 years at a rate of 1.8% per year.

Accelerating Growth: Unable to compare CAN's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CAN is unprofitable, making it difficult to compare its past year earnings growth to the Tech industry (10.8%).


Return on Equity

High ROE: CAN has a negative Return on Equity (-118.95%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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