Stocktoria
Canaan Inc. CAN
Nasdaq · XNAS · stock · Finance Services · website · IPO 2019-11-21
Chart by TradingView
4/9
Piotroski F — financial health
1.24
Altman Z″ — distress risk · grey
—
Dividend payout · no dividend
Financials & ratios (annual, from 10-K)
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Financials | |||||
| Revenue | $529.7M | $269.3M | $211.5M | $651.5M | $772.8M |
| Gross profit | $41.2M | -$84.3M | -$240.8M | $230.3M | $441.8M |
| Operating income | -$112.2M | -$227.1M | -$410.9M | $42.9M | $283.0M |
| Net income | -$210.3M | -$249.8M | -$414.2M | $69.9M | $309.1M |
| Operating cash flow | -$271.2M | -$199.3M | -$123.6M | -$182.6M | $202.3M |
| Free cash flow | -$295.8M | -$218.6M | -$126.9M | -$200.3M | $196.6M |
| Total assets | $602.9M | $463.0M | $493.3M | $685.0M | $883.8M |
| Total liabilities | $165.5M | $196.8M | $145.1M | $77.3M | $341.1M |
| Shareholders' equity | $437.4M | $266.3M | $348.2M | $607.7M | $542.5M |
| Ratios | |||||
| Gross margin | 7.8% | -31.3% | -113.9% | 35.3% | 57.2% |
| Operating margin | -21.2% | -84.3% | -194.3% | 6.6% | 36.6% |
| Net margin | -39.7% | -92.7% | -195.8% | 10.7% | 40.0% |
| FCF margin | -55.8% | -81.2% | -60.0% | -30.8% | 25.4% |
| Return on assets | -34.9% | -53.9% | -84.0% | 10.2% | 35.0% |
| Return on equity | -48.1% | -93.8% | -118.9% | 11.5% | 57.0% |
| Debt / equity | 0.05× | 0.03× | — | — | — |
| Current ratio | 3.31 | 1.87 | 2.69 | 7.38 | 2.53 |
| Revenue growth | 96.7% | 27.4% | -67.5% | -15.7% | 1026.3% |
Notable holders (13F)
| Investor | Shares | Value |
|---|---|---|
| RENAISSANCE TECHNOLOGIES LLC | 4,534,751 | $2.0M |
Why these scores methodology →
Piotroski F-score: 4/9
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″: 1.24 (grey)
- Working capital / assets 0.501
- Retained earnings / assets -1.096
- EBIT / assets -0.186
- Equity / liabilities 2.642
Sector peers
IX · MUFG · MFG · NMR · UNH · CI · all Finance, Insurance & Real Estate →
Source: SEC EDGAR filings · CIK 0001780652 · as of 2025-12-31. Figures are facts from filings plus Stocktoria's own computed scores — not investment advice.