Company Canaan Inc.

Equities

CAN

US1347481020

Computer Hardware

Market Closed - Nasdaq 04:00:00 2024-05-23 pm EDT 5-day change 1st Jan Change
1.02 USD -6.42% Intraday chart for Canaan Inc. -12.82% -55.84%

Business Summary

Canaan Inc provides supercomputing solutions through proprietary high-performance computing ASICs (Application Specific Integrated Circuit). The Company provides a holistic AI (Artificial Intelligence) solution to customers, including AI chips, algorithm development and optimization, hardware module, end-product and software services.

Number of employees: 445

Sales per Business

USD in Million2022Weight2023Weight Delta
Bitcoin Mining Machines
83.2 %
616 94.8 % 176 83.2 % -71.46%
Mining
16.1 %
32 5.0 % 34 16.1 % +4.73%
Artificial Intelligence
0.5 %
1 0.2 % 1 0.5 % -27.59%
Other
0.3 %
0 0.0 % 1 0.3 % +477.18%

Sales per region

USD in Million2022Weight2023Weight Delta
China
54.6 %
18 2.8 % 116 54.6 % +533.64%
United States
13.3 %
94 14.4 % 28 13.3 % -70.02%
Kazakhstan
11.6 %
57 8.8 % 25 11.6 % -57.22%
Other Countries or Regions
11.2 %
2 0.2 % 24 11.2 % +1,413.81%
Malaysia
7.2 %
119 18.3 % 15 7.2 % -87.13%
Thailand
1.8 %
3 0.4 % 4 1.8 % +33.67%
Indonesia
0.1 %
215 33.0 % 0 0.1 % -99.86%
Canada
0.1 %
18 2.8 % 0 0.1 % -98.58%
Australia
0.0 %
60 9.3 % 0 0.0 % -99.99%
Cyprus
0.0 %
36 5.6 % 0 0.0 % -99.98%

Managers

Managers TitleAgeSince
Chief Executive Officer 41 12-12-31
Director of Finance/CFO 45 21-08-01
Investor Relations Contact - -
Corporate Secretary 41 18-08-31
Corporate Officer/Principal - 20-06-30

Members of the board

Members of the board TitleAgeSince
Chief Executive Officer 41 12-12-31
Director/Board Member 49 20-07-31
Director/Board Member 58 20-07-31
Director/Board Member 56 20-07-31
Director/Board Member 57 20-07-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 3,460,454,223 2,254,069,668 ( 65.14 %) 257,105,340 ( 7.430 %) 67.22 %
Stock B 15 356,624,444 311,624,444 ( 87.38 %) 0

Shareholders

NameEquities%Valuation
Van Eck Associates Corp.
2.783 %
6,280,689 2.783 % 6 M $
SG Americas Securities LLC
2.386 %
5,385,073 2.386 % 5 M $
Vanguard Fiduciary Trust Co.
2.341 %
5,281,721 2.341 % 5 M $
Millennium Management LLC
1.564 %
3,528,650 1.564 % 3 M $
BlackRock Institutional Trust Co. NA
1.496 %
3,376,698 1.496 % 3 M $
Group One Trading LP
1.191 %
2,688,638 1.191 % 3 M $
Tidal Investments LLC
1.180 %
2,662,619 1.180 % 2 M $
Exchange Traded Concepts LLC
1.098 %
2,477,940 1.098 % 2 M $
Geode Capital Management LLC
0.7722 %
1,742,621 0.7722 % 2 M $
Marshall Wace LLP
0.7212 %
1,627,417 0.7212 % 2 M $
NameEquities%Valuation
Streeterville Capital LLC
11.63 %
263,286,183 11.63 % 16 M $
Spring River Greater China Fund
5.302 %
119,992,395 5.302 % 7 M $
67,477,845 2.982 % 4 M $
NameEquities%Valuation
Flueqel Ltd.
87.38 %
311,624,444 87.38 % 19 M $

Company contact information

Canaan, Inc.

28 Ayer Rajah Crescent No. 06-08

139959, Singapore

+65 6305 6618

http://www.canaan.io
address Canaan Inc.(CAN)

Sales per Business

Sales per region

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
1
Last Close Price
7.387 CNY
Average target price
21.67 CNY
Spread / Average Target
+193.31%
Consensus