Canaan Inc Stock Net Income
| CAN Stock | USD 0.74 0.02 2.63% |
As of the 23rd of January, Canaan shows the Risk Adjusted Performance of (0.07), standard deviation of 7.94, and Mean Deviation of 5.81. Canaan Inc technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.
Canaan Total Revenue |
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Gross Profit | Profit Margin | Market Capitalization | Enterprise Value Revenue 1.2823 | Revenue |
| Last Reported | Projected for Next Year | ||
| Net Loss | -287.2 M | -272.9 M | |
| Net Income Applicable To Common Shares | 559.3 M | 318.1 M | |
| Net Loss | -224.8 M | -213.5 M | |
| Net Loss | (1.06) | (1.11) | |
| Net Income Per E B T | 1.30 | 0.75 |
Canaan | Net Income | Build AI portfolio with Canaan Stock |
Latest Canaan's Net Income Growth Pattern
Below is the plot of the Net Income of Canaan Inc over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Canaan Inc financial statement analysis. It represents the amount of money remaining after all of Canaan Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Canaan's Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Canaan's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported (249.75 M) | 10 Years Trend |
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Net Income |
| Timeline |
Canaan Net Income Regression Statistics
| Arithmetic Mean | 78,682,411 | |
| Geometric Mean | 266,965,270 | |
| Coefficient Of Variation | 506.48 | |
| Mean Deviation | 311,832,104 | |
| Median | 308,436,990 | |
| Standard Deviation | 398,511,363 | |
| Sample Variance | 158811.3T | |
| Range | 1.4B | |
| R-Value | (0.63) | |
| Mean Square Error | 102223.2T | |
| R-Squared | 0.40 | |
| Significance | 0.01 | |
| Slope | (49,695,975) | |
| Total Sum of Squares | 2540980.9T |
Canaan Net Income History
Other Fundumenentals of Canaan Inc
| Net Income From Continuing Ops | ||
| Net Income Applicable To Common Shares | ||
| Net Income Per Share | ||
| Net Income Per E B T |
Canaan Net Income component correlations
Canaan Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Canaan is extremely important. It helps to project a fair market value of Canaan Stock properly, considering its historical fundamentals such as Net Income. Since Canaan's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Canaan's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Canaan's interrelated accounts and indicators.
Click cells to compare fundamentals
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Canaan. If investors know Canaan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Canaan listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.92) | Earnings Share (0.88) | Revenue Per Share | Quarterly Revenue Growth 1.044 | Return On Assets |
The market value of Canaan Inc is measured differently than its book value, which is the value of Canaan that is recorded on the company's balance sheet. Investors also form their own opinion of Canaan's value that differs from its market value or its book value, called intrinsic value, which is Canaan's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Canaan's market value can be influenced by many factors that don't directly affect Canaan's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Canaan's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canaan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canaan's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Canaan 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Canaan's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Canaan.
| 10/25/2025 |
| 01/23/2026 |
If you would invest 0.00 in Canaan on October 25, 2025 and sell it all today you would earn a total of 0.00 from holding Canaan Inc or generate 0.0% return on investment in Canaan over 90 days. Canaan is related to or competes with Bumble, Wolfspeed, Bgin Blockchain, Backblaze, POET Technologies, Daily Journal, and 3D Systems. Canaan Inc. engages in the research, design, and sale of integrated circuit final mining equipment products by integrati... More
Canaan Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Canaan's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Canaan Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 44.79 | |||
| Value At Risk | (12.31) | |||
| Potential Upside | 15.32 |
Canaan Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Canaan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Canaan's standard deviation. In reality, there are many statistical measures that can use Canaan historical prices to predict the future Canaan's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (1.18) | |||
| Total Risk Alpha | (1.88) | |||
| Treynor Ratio | (0.27) |
Canaan January 23, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.07) | |||
| Market Risk Adjusted Performance | (0.26) | |||
| Mean Deviation | 5.81 | |||
| Coefficient Of Variation | (920.73) | |||
| Standard Deviation | 7.94 | |||
| Variance | 63.07 | |||
| Information Ratio | (0.12) | |||
| Jensen Alpha | (1.18) | |||
| Total Risk Alpha | (1.88) | |||
| Treynor Ratio | (0.27) | |||
| Maximum Drawdown | 44.79 | |||
| Value At Risk | (12.31) | |||
| Potential Upside | 15.32 | |||
| Skewness | 1.13 | |||
| Kurtosis | 2.48 |
Canaan Inc Backtested Returns
Canaan Inc secures Sharpe Ratio (or Efficiency) of -0.16, which signifies that the company had a -0.16 % return per unit of risk over the last 3 months. Canaan Inc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Canaan's Standard Deviation of 7.94, mean deviation of 5.81, and Risk Adjusted Performance of (0.07) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 3.27, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Canaan will likely underperform. At this point, Canaan Inc has a negative expected return of -1.17%. Please make sure to confirm Canaan's value at risk, as well as the relationship between the accumulation distribution and day typical price , to decide if Canaan Inc performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.63 |
Good predictability
Canaan Inc has good predictability. Overlapping area represents the amount of predictability between Canaan time series from 25th of October 2025 to 9th of December 2025 and 9th of December 2025 to 23rd of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Canaan Inc price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current Canaan price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Canaan Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Canaan Inc reported net income of (249.75 Million). This is 146.34% lower than that of the Semiconductors & Semiconductor Equipment sector and significantly lower than that of the Information Technology industry. The net income for all United States stocks is 143.74% higher than that of the company.
Canaan Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Canaan's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Canaan could also be used in its relative valuation, which is a method of valuing Canaan by comparing valuation metrics of similar companies.Canaan is currently under evaluation in net income category among its peers.
Canaan Current Valuation Drivers
We derive many important indicators used in calculating different scores of Canaan from analyzing Canaan's financial statements. These drivers represent accounts that assess Canaan's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Canaan's important valuation drivers and their relationship over time.
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 (projected) | ||
| Market Cap | 884.3M | 354.1M | 397.1M | 556.6M | 640.0M | 732.4M | |
| Enterprise Value | 467.5M | 255.6M | 302.4M | 555.1M | 638.3M | 606.4M |
Canaan Institutional Holders
Institutional Holdings refers to the ownership stake in Canaan that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Canaan's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Canaan's value.| Shares | Goldman Sachs Group Inc | 2025-06-30 | 2.3 M | Blackrock Inc | 2025-06-30 | 1.9 M | Brevan Howard Capital Management Lp | 2025-06-30 | 1.8 M | Polunin Capital Partners Ltd | 2025-06-30 | 1.3 M | Van Eck Associates Corporation | 2025-06-30 | 954.7 K | Two Sigma Investments Llc | 2025-06-30 | 866.9 K | Norges Bank | 2025-06-30 | 749.6 K | Jane Street Group Llc | 2025-06-30 | 746 K | Main Management Etf Advisors, Llc | 2025-06-30 | 643.4 K | Vanguard Group Inc | 2025-06-30 | 15 M | Amvescap Plc. | 2025-06-30 | 8.2 M |
Canaan Fundamentals
| Return On Equity | -0.63 | ||||
| Return On Asset | -0.15 | ||||
| Profit Margin | (0.52) % | ||||
| Operating Margin | (0.15) % | ||||
| Current Valuation | 442.85 M | ||||
| Shares Outstanding | 657.58 M | ||||
| Shares Owned By Institutions | 15.57 % | ||||
| Number Of Shares Shorted | 37.7 M | ||||
| Price To Earning | 1.30 X | ||||
| Price To Book | 1.35 X | ||||
| Price To Sales | 1.19 X | ||||
| Revenue | 269.32 M | ||||
| Gross Profit | 20.22 M | ||||
| EBITDA | (143.33 M) | ||||
| Net Income | (249.75 M) | ||||
| Cash And Equivalents | 2.64 B | ||||
| Cash Per Share | 15.40 X | ||||
| Total Debt | 94.99 M | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 3.85 X | ||||
| Book Value Per Share | 0.68 X | ||||
| Cash Flow From Operations | (199.26 M) | ||||
| Short Ratio | 1.94 X | ||||
| Earnings Per Share | (0.88) X | ||||
| Target Price | 2.91 | ||||
| Number Of Employees | 463 | ||||
| Beta | 2.89 | ||||
| Market Capitalization | 503.61 M | ||||
| Total Asset | 463.01 M | ||||
| Retained Earnings | (450.49 M) | ||||
| Working Capital | 155.45 M | ||||
| Current Asset | 984.82 M | ||||
| Current Liabilities | 401.76 M | ||||
| Net Asset | 463.01 M |
About Canaan Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Canaan Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Canaan using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Canaan Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Canaan
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Canaan position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Canaan will appreciate offsetting losses from the drop in the long position's value.Moving together with Canaan Stock
| 0.87 | ARM | Arm Holdings plc Tech Boost | PairCorr |
Moving against Canaan Stock
| 0.77 | KEYS | Keysight Technologies | PairCorr |
| 0.64 | KGC | Kinross Gold Aggressive Push | PairCorr |
| 0.58 | AMAT | Applied Materials | PairCorr |
| 0.54 | USAS | Americas Silver Corp Trending | PairCorr |
| 0.51 | LRCX | Lam Research Corp Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Canaan could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canaan when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Canaan - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Canaan Inc to buy it.
The correlation of Canaan is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Canaan moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canaan Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Canaan can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Canaan Piotroski F Score and Canaan Altman Z Score analysis. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Canaan. If investors know Canaan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Canaan listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.92) | Earnings Share (0.88) | Revenue Per Share | Quarterly Revenue Growth 1.044 | Return On Assets |
The market value of Canaan Inc is measured differently than its book value, which is the value of Canaan that is recorded on the company's balance sheet. Investors also form their own opinion of Canaan's value that differs from its market value or its book value, called intrinsic value, which is Canaan's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Canaan's market value can be influenced by many factors that don't directly affect Canaan's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Canaan's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canaan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canaan's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.