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    CAN   US1347481020

CANAAN INC.

(CAN)
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Canaan Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter Ended June 30, 2021

09/15/2021 | 05:30am EDT

Canaan Inc. reported unaudited consolidated earnings results for the second quarter ended June 30, 2021. For the quarter, the company reported total net revenues of RMB 1,081,761,000 compared to RMB 178,126,000 a year ago. Income from operations was RMB 165,489,000 compared to loss of RMB 18,903,000 a year ago. Net income was RMB 244,963,000 compared to loss of RMB 16,787,000 a year ago. Basic earnings per share was 9.71 cents compared to loss per share of 0.71 cents a year ago. Diluted earnings per share was 9.34 cents compared to loss per share of 0.71 cents a year ago.


© S&P Capital IQ 2021
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Financials
Sales 2020 448 M 70,1 M 70,1 M
Net income 2020 -215 M -33,7 M -33,7 M
Net cash 2020 403 M 63,1 M 63,1 M
P/E ratio 2020 -4,31x
Yield 2020 -
Capitalization 9 504 M 1 487 M 1 489 M
EV / Sales 2019 4,44x
EV / Sales 2020 12,6x
Nbr of Employees 248
Free-Float 75,9%
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Managers and Directors
N. G. Zhang Chairman & Chief Executive Officer
Tong He Finance Director
Jin Cheng Chief Financial Officer
Wu Jing Jie Vice President-Technology
Wenjun Zhang Independent Director
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