CANAAN INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 0.875 USD | -7.89% |
|
-8.00% | -62.12% |
Valuation
| Fiscal Period: December | 2019 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Capitalization 1 | 6,716 | 5,586 | 2,411 | 2,804 | 1,612 |
| Enterprise Value (EV) 1 | 6,716 | 5,586 | 2,411 | 2,804 | 1,612 |
| P/E ratio | - | 41.8 x | 55.7 x | -0.95 x | - |
| Yield | - | - | - | - | - |
| Capitalization / Revenue | 4.72 x | - | 0.55 x | 1.84 x | 0.76 x |
| EV / Revenue | 4.72 x | - | 0.55 x | 1.84 x | 0.76 x |
| EV / EBITDA | - | - | 4,539,682 x | - | - |
| EV / FCF | - | - | -1,345,642 x | - | - |
| FCF Yield | - | - | -0% | - | - |
| Price to Book | - | - | - | - | - |
| Nbr of stocks (in thousands) | 158,148 | 170,748 | 169,701 | 171,046 | 234,332 |
| Reference price 2 | 42.47 | 32.71 | 14.21 | 16.39 | 6.878 |
| Announcement Date | 09/04/20 | 03/03/22 | 07/03/23 | 27/02/24 | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Net sales 1 | 1,423 | - | 4,379 | 1,522 | 2,118 |
| EBITDA | - | - | 531.1 | - | - |
| EBIT 1 | - | - | 557.8 | -2,957 | -1,803 |
| Operating Margin | - | - | 12.74% | -194.29% | -85.15% |
| Earnings before Tax (EBT) | - | - | 810.5 | -3,350 | - |
| Net income | - | 2,000 | 658.2 | -2,981 | - |
| Net margin | - | - | 15.03% | -195.84% | - |
| EPS | - | 0.7820 | 0.2553 | -17.35 | - |
| Free Cash Flow | - | - | -1,792 | - | - |
| FCF margin | - | - | -40.92% | - | - |
| FCF Conversion (EBITDA) | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - |
| Announcement Date | 09/04/20 | 03/03/22 | 07/03/23 | 27/02/24 | - |
1CNY in Million
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,356 | 1,653 | 978.2 | 391.9 | 390.3 | 537.8 | 237.7 | 353.2 | 216.6 | 505.3 | 657.9 | 737.8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | 578.3 | 659.3 | -40.84 | -624.4 | -605.3 | -867.3 | -805.1 | -671.3 | -747.8 | -485.1 | -298 | -272.1 |
| Operating Margin | 42.64% | 39.89% | -4.18% | -159.31% | -155.1% | -161.27% | -338.68% | -190.06% | -345.18% | -96.01% | -45.3% | -36.88% |
| Earnings before Tax (EBT) | 582.4 | 776.6 | 58.03 | -587.4 | - | -845.6 | -717.4 | -1,167 | - | - | - | - |
| Net income | 441.6 | 608.9 | 61.08 | -438.3 | -596.1 | -805.9 | -571.5 | -1,001 | - | - | - | - |
| Net margin | 32.56% | 36.84% | 6.24% | -111.84% | -152.75% | -149.85% | -240.41% | -283.28% | - | - | - | - |
| EPS | 2.752 | 3.533 | 0.3555 | -0.1743 | - | - | -3.353 | -5.542 | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 19/05/22 | 18/08/22 | 14/11/22 | 07/03/23 | 26/05/23 | 29/08/23 | 28/11/23 | 27/02/24 | - | - | - | - |
1CNY in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Net Debt | - | - | - | - | - |
| Net Cash position | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - |
| Free Cash Flow | - | - | -1,792 | - | - |
| ROE (net income / shareholders' equity) | - | - | 16.7% | - | - |
| ROA (Net income/ Total Assets) | - | - | 12.5% | - | - |
| Assets | - | - | 5,251 | - | - |
| Book Value Per Share | - | - | - | - | - |
| Cash Flow per Share | - | - | - | - | - |
| Capex | - | - | 95.1 | - | - |
| Capex / Sales | - | - | 2.17% | - | - |
| Announcement Date | 09/04/20 | 03/03/22 | 07/03/23 | 27/02/24 | - |
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
1
Last Close Price
6.878
CNY
Average target price
21.59
CNY
Spread / Average Target
+213.97%
- Stock Market
- Equities
- CAN Stock
- Financials Canaan Inc.
