Business description: Canaan Inc.

Canaan Inc. provides high performance computing solutions through its proprietary application-specific integrated circuits (ASICs). The Company is a fabless IC designer engaged in the front-end and back-end of IC design. The Company primarily offers its technology and expertise in ASIC applications to Bitcoin mining machines and is also a producer of Bitcoin mining machines in the global market. The Company, through its subsidiaries, independently designs and develops its products in-house, including the design of proprietary ASIC chips for its Bitcoin mining machines. It has in-house production capabilities to assemble both Bitcoin mining machines and artificial intelligence (AI) chips. It assembles its Bitcoin mining machines primarily at its assembly plant located in the People’s Republic of China (PRC) by integrating the ICs designed by the Company and related components it procures. It also intends to engage in Bitcoin mining through self-owned facilities.

Number of employees: 399

Sales by Activity: Canaan Inc.

Fiscal Period: December 2021 (CNY) 2022 (CNY) 2023 (USD) 2024 (USD) 2025 (USD)

Semiconductors

4.99B 4.38B 211M 269M 530M

Geographical breakdown of sales: Canaan Inc.

Fiscal Period: December 2021 (CNY) 2022 (CNY) 2023 (USD) 2024 (USD) 2025 (USD)

Mainland China

1.78B 123M 116M 68.16M 116M

United States of America

313M 631M 28.1M 70.99M 28.1M

Other Foreign Countries

256M 10.53M 23.68M 2.88M 25.96M

Kazakhstan

712M 387M 24.57M 7.75M 24.57M

Malaysia

- 802M 15.33M 10.1M 15.33M

Ethiopia

- - - 32.58M 1.34M

The United Arab Emirates

- - - 41.45M 343K

Canada

402M 123M 259K 6.55M 259K

Singapore

- - - 5.25M 43K

Brazil

- - - - 7K

Netherland

- - - 6.08M 2K

Ireland

- - - - 1K

Paraguay

- - - 1.44M -

Georgia

- - - 2.09M -

Laos

- 32.66M - - -

Indonesia

- 1.45B 300K 147K -

Sweden

152M 6.28M - - -

Thailand

289M 18.64M 3.7M 555K -

Australia

361M 406M 9K 22K -

Cyprus

633M 244M 7K 1K -

Japan

3K - - - -

Hong Kong

87.97M 149M - 13.28M -

Executive Committee: Canaan Inc.

Manager TitleAgeSince
Chief Executive Officer 43 2012-12-31
Director of Finance/CFO 47 2021-08-01
Investor Relations Contact - -
Corporate Secretary 43 2022-03-02
Director of Finance/CFO - 2020-06-30

Composition of the Board of Directors: Canaan Inc.

Director TitleAgeSince
Chairman 43 2012-12-31
Director/Board Member 60 2020-07-31
Director/Board Member 58 2020-07-31
Director/Board Member 59 2020-07-31
Director/Board Member 51 2020-07-31

Shareholders: Canaan Inc.

NameStocks%Valuation
Invesco Capital Management LLC
5.63 %
42,177,110 5.63 % 12 M $
Weiss Asset Management LP
5.322 %
39,871,384 5.322 % 11 M $
Invesco Asset Management (Japan) Ltd.
3.812 %
28,561,002 3.812 % 8 M $
Galaxy Digital Capital Management LP
2.336 %
17,500,000 2.336 % 5 M $
1.935 %
14,500,000 1.935 % 4 M $
NameStocks%Valuation
39.27 %
888,752,475 39.27 % 17 M $
35.64 %
806,439,900 35.64 % 15 M $
10.09 %
228,376,800 10.09 % 4 M $
NameStocks%Valuation
Flueqel Ltd.
87.38 %
311,624,444 87.38 % 6 M $

Company details: Canaan Inc.

Canaan, Inc.

28 Ayer Rajah Crescent

139959, Singapore

+65 6305 6618

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

Blockchain & Cryptocurrency (NEC)

Change 5-day change 1-year change 3-year change Capi.($)
-1.38%-7.03%-67.09%-90.32% 205M
-2.06%+1.63%-57.98%+71.91% 46.33B
+2.71%+10.61%+127.76%+532.88% 14.76B
+3.92%+11.84%-56.21%+10.39% 10.39B
-0.29%+5.24%+77.37% - 7.63B
-3.73%-5.17% - - 3.76B
+0.76%+0.08%-14.13%+22.73% 3.04B
+1.32%-7.42%-82.61% - 1.71B
+4.12%+3.27%-81.02%+1,000.00% 1.91B
-4.48%+0.44%-36.06%+569.19% 1.39B
Average +0.08%+2.31%-21.11%+302.40% 9.11B
Weighted average by Cap. -0.35%+6.97%-13.71%+180.12%
Trader
Investor
-
Global
-
Quality
-
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
6
Last Close Price
0.2758USD
Average target price
1.717USD
Spread / Average Target
+522.43%

Quarterly revenue - Rate of surprise