Canaan Inc.

NasdaqGM CAN

Canaan Inc. Return on Equity (ROE) for the year ending December 31, 2023: -118.95%

Canaan Inc. Return on Equity (ROE) is -118.95% for the year ending December 31, 2023, a -1,134.27% change year over year. Return on equity measures profit against shareholder equity; higher ROE indicates superior profitability and value creation.

Canaan Inc. Return on Equity (ROE) for the year ending December 31, 2022 was 11.50%, a -79.74% change year over year.
Canaan Inc. Return on Equity (ROE) for the year ending December 31, 2021 was 56.77%, a 214.17% change year over year.
Canaan Inc. Return on Equity (ROE) for the year ending December 31, 2020 was -49.73%, a 66.70% change year over year.
Canaan Inc. Return on Equity (ROE) for the year ending December 31, 2019 was -149.32%.

Key data

Date	Return on Equity (ROE)	Return on Capital Employed (ROCE)	Interest Coverage Ratio	Debt to Equity Ratio

NasdaqGM: CAN

Canaan Inc.

CEO	Mr. Nangeng Zhang
IPO Date	Nov. 20, 2019
Location	Singapore
Headquarters	28 Ayer Rajah Crescent #06-08
Employees	445
Sector	Technology
Industries Crypto Mining Bitcoin & Crypto Hardware & Electronics

Description

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. was founded in 2013 and is headquartered in Singapore.

Key trends

Past 5 years