Canaan Inc. / Fundamentals

    Income statement

    Net revenue
    €273.59M
    Cost of goods sold
    €313.59M
    Gross profit
    -€40.00M
    SG&A expenses
    €64.81M
    R&D expenses
    €56.04M
    EBITDA
    -€176.79M
    D&A
    -€9.93M
    EBIT
    -€169.08M
    Interest expenses
    €752.57K
    EBT
    -€189.35M
    Tax expenses
    €66.79M
    Net income
    -€256.14M

    Cash flow statement

    Net deferred tax
    €0.00
    Non-cash items
    €132.65M
    Changes in working capital
    €0.00
    Operating cash flow
    -€76.81M
    Capex
    €14.14M
    Other investing cash flow
    €36.00M
    Net investing cash flow
    €14.96M
    Total cash dividends paid
    €0.00
    Issuance of common stock
    €169.16K
    Debt repayment
    €1.74M
    Other financing cash flow
    €77.41M
    Net financing cash flow
    €25.87M
    Foreign exchange effects
    €9.84M
    Net change in cash
    €25.63M
    Cash at end of period
    €0.00
    Free cash flow
    -€62.67M

    Balance sheet

    Cash and cash equivalents
    €83.52M
    Cash and short-term investments
    €83.52M
    Total receivables
    €54.03M
    Inventory
    €98.27M
    Other current assets
    €139.74M
    Total current assets
    €375.55M
    Property, plant & equipment
    €37.97M
    Goodwill
    €0.00
    Intangible assets
    €731.85K
    Long-term investments
    €2.40M
    Other non-current assets
    €71.18M
    Total non-current assets
    €112.54M
    Total assets
    €488.09M
    Accounts payable
    €13.57M
    Short-term debt
    €180.53M
    Other current liabilities
    €31.68M
    Total current liabilities
    €250.17M
    Long-term debt
    €18.85M
    Deferred tax liabilities
    €124.28K
    Other non-current liabilities
    €7.83M
    Total non-current liabilities
    €26.80M
    Total liabilities
    €276.96M
    Common stock
    €0.00
    Retained earnings
    -€463.38M
    Other equity
    -€37.65M
    Total equity
    €211.13M
    Total liabilities and shareholders' equity
    €488.09M

    Company information

    Market capitalization
    €145.47M
    Employees
    463
    Enterprise Value
    €207.32M

    Company ratios

    Gross margin
    -14.6% Much worse than peer group: 37.9%
    EBITDA margin
    -64.6% Much better than peer group: -710.5%
    EBIT margin
    -61.8% Much better than peer group: -739.2%
    EBT margin
    -69.2% Much better than peer group: -742.2%
    Net margin
    -93.6% Much better than peer group: -738.4%
    ROE
    -121.3% Much worse than peer group: -10.8%
    ROA
    -52.5% Much worse than peer group: -8.1%
    Asset turnover
    56.1% Much worse than peer group: 87.1%
    FCF margin
    -33.2% Much better than peer group: -559.9%
    FCF yield
    -62.5%
    Efficiency ratio
    164.6%
    Net sales per employee
    €590.91K
    Net income per employee
    -€553.22K

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