CAN: Canaan Inc. - Summary | Jitta

Canaan Inc.

NASDAQ:CAN

Price
$2.62
Loss Chance
45.9%
2.95JITTA SCORE
78.50%Under Jitta Line
Jitta Ranking
3,471 / 5,062
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (47)
Recent Business Performance (89)
Financial Strength (56)
Return to Shareholders (32)
Competitive Advantage (42)
Jitta Signs
Debt LevelLow Long Term Debt
Recent IPOLess than 3 years
Operating MarginInconsistent
Recent Business PerformanceEarning decline 93.01% in the last quarter (yoy)
Key Stats
Jitta Score
Jitta Line
2.95
78.50%
Technology Hardware, Storage and Peripherals
7.07
20.22%
4.99
33.55%
5.27
41.31%
COMPANY DESCRIPTION
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.