Craft

Canaan

Stock Price

$1.3

2024-10-29

Market Capitalization

$347.1 M

2024-10-29

Revenue

$529.7 M

FY, 2025

Canaan Summary

Company Summary

Overview
Canaan is a company that develops supercomputing chips and manufactures blockchain computing equipment. It primarily develops bitcoin mining machines incorporating ASIC technology.
Type
Public
Status
Active
Founded
2013
HQ
Postal, SG | view all locations
Website
https://www.canaan.io/
Cybersecurity rating
Sectors

Key People

  • Nangeng Zhang

    Nangeng Zhang, Chairman and CEO

    • James Cheng, Chief Financial Officer

      • Lu Meng, Secretary to the Board

        Operating MetricsView all

        Average Cost per Thash

        ¥183
        18.3%

        H1, 2019

        Average Cost per Computing Unit Sold

        ¥2.8K
        8.3%

        H1, 2019

        Average Selling Price per Thash

        ¥72
        88.3%

        H1, 2019

        LocationsView all

        8 locations detected

        • Postal HQ

          Singapore

          28 Ayer Rajah Cres. #06-08

        • San Jose, CA

          United States

          6081 Meridian Ave Ste. 70-284

        • Beijing, Bei Jing Shi

          China

          No. 201, 2nd Floor, Block C, Building 27, Phase I, Zhongguancun Software Park, No. 8 Northeast Wangxi Road, Haidian District

        • Beijing, Bei Jing Shi

          China

          Room 2001, Building 1, Courtyard 1, No. 81 Beiqing Road, Haidian District

        • Hangzhou, Zhejiang

          China

        • Langfang, Hebei

          China

        and 2 others

        Canaan Financials

        Summary Financials

        Revenue (Q1, 2026)
        $62.7M
        Gross profit (Q1, 2026)
        ($22.9M)
        Net income (Q1, 2026)
        ($89.0M)
        Cash (Q1, 2026)
        $43.5M
        EBIT (Q1, 2026)
        ($43.1M)
        Enterprise value
        $358.1M

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