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Realtime updates for Canaan Inc [CAN]

Exchange: NASDAQ Sector: Technology Industry: Computer Hardware
BUY
83.33%
return 45.11%
SELL
66.67%
return -15.44%
Last Updated26 Apr 2024 @ 16:00

-1.74% CNY 0.914

SELL 104773 min ago

@ CNY2.25

Issued: 14 Feb 2024 @ 14:56


Return: -59.39%


Previous signal: Feb 14 - 14:19


Previous signal: Buy


Return: 3.21 %

Live Chart Being Loaded With Signals

Commentary (26 Apr 2024 @ 16:00):

Canaan Inc. engages in the research, design, and sale of integrated circuit (IC) final mining equipment products by integrating IC products for bitcoin mining and related components primarily in the People's Republic of China...

Stats
Today's Volume 9.32M
Average Volume 17.00M
Market Cap 214.13M
EPS CNY0 ( 2024-02-27 )
Next earnings date ( CNY-0.600 ) 2024-05-24
Last Dividend CNY0.380 ( 2021-11-15 )
Next Dividend CNY0 ( N/A )
P/E -0.380
ATR14 CNY0.00300 (0.33%)

Volume Correlation

Long: 0.24 (neutral)
Short: 0.62 (weak)
Signal:(41.193) Neutral

Canaan Inc Correlation

10 Most Positive Correlations
LIVE0.835
SOHU0.834
VYGR0.833
VLCN0.832
EFOI0.83
IART0.825
SBNYP0.825
DRRX0.824
COLM0.824
EVGO0.823
10 Most Negative Correlations
FXCO-0.853
SWBI-0.844
EACPU-0.842
ORMP-0.836
SCPL-0.835
DKDCA-0.833
FMIV-0.832
USAP-0.831
KRYS-0.83
NTAP-0.828

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

Canaan Inc Correlation - Currency/Commodity

The country flag 0.57
( weak )
The country flag 0.62
( weak )
The country flag 0.00
( neutral )
The country flag 0.00
( neutral )
The country flag 0.00
( neutral )
The country flag -0.21
( neutral )

Canaan Inc Financials

Annual 2023
Revenue: CNY211.48M
Gross Profit: CNY-240.78M (-113.86 %)
EPS: CNY-2.36
FY 2023
Revenue: CNY211.48M
Gross Profit: CNY-240.78M (-113.86 %)
EPS: CNY-2.36
FY 2022
Revenue: CNY4.38B
Gross Profit: CNY1.75B (39.92 %)
EPS: CNY4.21
FY 2021
Revenue: CNY4.99B
Gross Profit: CNY2.85B (57.17 %)
EPS: CNY12.79

Financial Reports:

No articles found.

Canaan Inc Dividends

(Q3/22) (Q4/22) (Q1/23) (Q2/23) (Q3/23) (Q4/23) (Q1/24) (Q2/24) (Q3/24) (Q4/24)
CNY0
(N/A)
CNY0
(N/A)
CNY0
(N/A)
CNY0
(N/A)
CNY0
(N/A)
CNY0
(N/A)
CNY0
(N/A)
CNY0
(N/A)
CNY0
(N/A)
CNY0
(N/A)

Canaan Inc Dividend Information - No Dividend Player

Dividend Sustainability Score: 0.725 - low (50.00%) | Divividend Growth Potential Score: 0.844 - No dividend growth expected in the near future
Information
First Dividend CNY0.380 2021-11-15
Last Dividend CNY0.380 2021-11-15
Next Dividend CNY0 N/A
Payout Date 2021-12-02
Next Payout Date N/A
# dividends 1 --
Total Paid Out CNY0.380 --
Avg. Dividend % Per Year 0.57% --
Score 0.47 --
Div. Sustainability Score 0.725
Div.Growth Potential Score 0.844
Div. Directional Score 0.785 --
Next Divdend (Est)
(2024-04-27)
CNY0 Estimate 0.00 %
Dividend Stability
0.02 Very Bad
Dividend Score
0.47
Pay Frequency
Insufficient data to determine frequency
Yearly Payout
Year Amount Yield
2021 CNY0.380 5.69%
2022 CNY0 0.00%
2023 CNY0 0.00%
2024 CNY0 0.00%

Dividend Commentary

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Top 10 dividend Companies for NASDAQ

Symbol Title Last dividend Frequency Years Dividend Yearly Dividend Score
OXLC Dividend Royal 2023-12-14 Monthly 14 10.00% 8.50
OXSQ Dividend Diamond 2023-12-14 Monthly 21 9.10% 8.50
PSEC Dividend Royal 2023-12-26 Monthly 21 7.04% 8.50
SLVO Dividend Royal 2023-11-20 Monthly 12 10.77% 8.50
QYLD Dividend Royal 2023-11-20 Monthly 11 7.50% 8.50
GAIN Dividend Royal 2023-12-04 Monthly 20 8.19% 8.50
GLDI Dividend Royal 2023-11-20 Monthly 12 7.15% 8.50
HRZN Dividend King 2023-12-18 Monthly 15 6.60% 8.45
USOI Dividend Royal 2023-11-20 Monthly 8 16.70% 8.28
PFLT Dividend King 2023-11-15 Monthly 14 6.50% 8.27

Dividend Sustainability Score (DSS)

RatioActual ValueWeightNormalized ValueScoreRange
netProfitMarginTTM-1.9581.500-10.00-10.00[0 - 0.5]
returnOnAssetsTTM-0.8401.200-10.00-10.00[0 - 0.3]
returnOnEquityTTM-0.9831.500-10.00-10.00[0.1 - 1]
payoutRatioTTM0-1.00000[0 - 1]
currentRatioTTM2.690.8001.5501.240[1 - 3]
quickRatioTTM0.9300.8009.237.39[0.8 - 2.5]
cashRatioTTM0.7111.5007.1610.00[0.2 - 2]
debtRatioTTM0.00289-1.5009.95-10.00[0 - 0.6]
interestCoverageTTM-388.491.000-10.00-10.00[3 - 30]
operatingCashFlowPerShareTTM0.4182.009.8610.00[0 - 30]
freeCashFlowPerShareTTM0.4182.009.7910.00[0 - 20]
debtEquityRatioTTM0.00410-1.5009.98-10.00[0 - 2.5]
grossProfitMarginTTM-1.1391.000-10.00-10.00[0.2 - 0.8]
operatingProfitMarginTTM-1.9121.000-10.00-10.00[0.1 - 0.6]
cashFlowToDebtRatioTTM52.881.00010.0010.00[0.2 - 2]
assetTurnoverTTM0.4290.800-0.475-0.380[0.5 - 2]
Total Score0.725

Dividend Growth Score (DGS)

RatioActual ValueWeightNormalized ValueScoreRange
peRatioTTM-0.3981.000-0.1410[1 - 100]
returnOnEquityTTM-0.9832.50-7.73-10.00[0.1 - 1.5]
freeCashFlowPerShareTTM0.4182.009.8610.00[0 - 30]
dividendYielPercentageTTM01.50000[0 - 0.4]
operatingCashFlowPerShareTTM0.4182.009.8610.00[0 - 30]
payoutRatioTTM01.50000[0 - 1]
pegRatioTTM01.500-3.330[0.5 - 2]
operatingCashFlowSalesRatioTTM0.3571.0003.590[0.1 - 0.5]
Total Score0.844

Canaan Inc

Canaan Inc. engages in the research, design, and sale of integrated circuit (IC) final mining equipment products by integrating IC products for bitcoin mining and related components primarily in the People's Republic of China. It is also involved in the assembly and distribution of mining equipment and spare parts. The company has a strategic cooperation with Northern Data AG in the areas of artificial intelligence development, blockchain technology, and datacenter operations. Canaan Inc. was founded in 2013 and is based in Beijing, the People's Republic of China.

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