Craft

Canaan

Stock Price

$1.1

2024-09-27

Market Capitalization

$305 M

2024-09-27

Revenue

$211.5 M

FY, 2023

Canaan Summary

Company Summary

Overview
Canaan (嘉楠) 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
Beijing, CN | view all locations
Website
https://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

        2 locations detected

        • Beijing, Bei Jing Shi HQ

          China

          Building 1, Yard 1, No. 81 Beiqing Road, Haidian District

        • Hangzhou, Zhejiang

          China

          Block A, China resources building, Jianggan district

        Canaan Financials

        Summary Financials

        Revenue (Q1, 2024)
        $35.1M
        Gross profit (Q1, 2024)
        ($30.5M)
        Net income (Q1, 2024)
        ($39.4M)
        Cash (Q1, 2024)
        $54.7M
        EBIT (Q1, 2024)
        ($39.3M)
        Enterprise value
        $250.3M

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