Canaan Inc.

Canaan Inc.verified

CAN

Price:

$0.9785

Market Cap:

$438.59M

Canaan, Inc. is a holding company, which engages in developing and selling Bitcoin mining machines and related services. It focuses on the development of green mining. The company was founded by Jia Xuan Li, Xiang Fu Liu and Nan Geng Zhang on January 19, 2013 and is headquartered in Singapore.

Industry

Computer Hardware

IPO Date

2019-11-20

Stock Exchange

NASDAQ

Ticker

CAN

The ROE as of December 2025 (TTM) for Canaan Inc. (CAN) is -92.49%

According to Canaan Inc.’s latest financial reports and current stock price. The company's current ROE is -92.49%. This represents a change of 279.16% compared to the average of -24.39% of the last 4 quarters.

Canaan Inc. (CAN) Historical ROE (quarterly & annually)

How has CAN ROE performed in the past?

The mean historical ROE of Canaan Inc. over the last ten years is -31.11%. The current -92.49% ROE has changed 197.29% with respect to the historical average. Over the past ten years (40 quarters), CAN's ROE was at its highest in in the December 2021 quarter at 34.59%. The ROE was at its lowest in in the December 2019 quarter at -115.22%.

Quarterly (TTM)
Annual

Average

-31.11%

Median

-19.11%

Minimum

-149.32%

Maximum

56.77%

Canaan Inc. (CAN) ROE by Quarter and Year

Discovering the peaks and valleys of Canaan Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 15.89%

Maximum Annual ROE = 56.77%

Minimum Annual Increase = -1134.27%

Minimum Annual ROE = -149.32%

Quarterly (TTM)
Annual
YearROEChange
2024-93.80%-21.14%
2023-118.95%-1134.27%
202211.50%-79.74%
202156.77%-214.17%
2020-49.73%-66.70%
2019-149.32%-393.91%
201850.81%15.89%

Canaan Inc. (CAN) Average ROE

How has CAN ROE performed in the past?

The current ROE of Canaan Inc. (CAN) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-67.08%

5-year avg

-38.84%

10-year avg

-31.11%

Canaan Inc. (CAN) ROE vs. Peers

How is CAN’s ROE compared to its peers?

Canaan Inc.’s ROE is greater than Bumble Inc. (-27.49%), less than Wolfspeed, Inc. (836.60%), less than BGIN BLOCKCHAIN Ltd (36.78%), greater than Backblaze, Inc. (-43.51%), greater than POET Technologies Inc. (-119.68%), less than Daily Journal Corporation (30.90%), less than 3D Systems Corporation (8.00%), greater than Sprout Social, Inc. (-26.09%), greater than Consensus Cloud Solutions, Inc. (-130.59%), less than Domo, Inc. (37.36%),

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