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Canaan Inc - ADR

$3.82

Earnings Summary

Revenue
$1356.11Mn
Net Profits
$441.6Mn
Net Profit Margins
32.56%
PE Ratio
1.9

Highlights

Revenue:

Canaan Inc - ADR’s revenue jumped 236.69% since last year same period to $1356.11Mn in the Q1 2022. On a quarterly growth basis, Canaan Inc - ADR has generated -37.92% fall in its revenue since last 3-months.

Net Profits:

Canaan Inc - ADR’s net profit jumped 36577.91% since last year same period to $441.6Mn in the Q1 2022. On a quarterly growth basis, Canaan Inc - ADR has generated -63.09% fall in its net profits since last 3-months.

Net Profit Margins:

Canaan Inc - ADR’s net profit margin jumped 10793.57% since last year same period to 32.56% in the Q1 2022. On a quarterly growth basis, Canaan Inc - ADR has generated -40.55% fall in its net profit margins since last 3-months.

PE Ratio:

Canaan Inc - ADR’s price-to-earnings ratio after this Q1 2022 earnings stands at 1.9.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Canaan Inc - ADR post its latest quarter earnings

EPS Estimate Current Quarter
0.35
EPS Estimate Current Year
0.35

Highlights

EPS Estimate Current Quarter:

Canaan Inc - ADR’s earning per share (EPS) estimates for the current quarter stand at 0.35 - a -87.04% fall from last quarter’s estimates.

EPS Estimate Current Year:

Canaan Inc - ADR’s earning per share (EPS) estimates for the current year stand at 0.35.

Key Ratios

Key ratios of the Canaan Inc - ADR post its Q1 2022 earnings

Earning Per Share (EPS)
2.56
Return on Assets (ROA)
0.35
Return on Equity (ROE)
1.07
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Canaan Inc - ADR’s earning per share (EPS) jumped 1079.72% since last year same period to 2.56 in the Q1 2022. This indicates that the Canaan Inc - ADR has generated 1079.72% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Canaan Inc - ADR’s return on assets (ROA) stands at 0.35.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Canaan Inc - ADR’s return on equity (ROE) stands at 1.07.

Dividend Per Share (DPS):

Canaan Inc - ADR declared 0 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-03-31
2.7
2.56
-5.19%

Company Information

Organisation
Canaan Inc - ADR
Headquarters
Building 1, Yard 1, Beijing, China, 100094
Employees
2020
Industry
Electronic Technology