CAN

Canaan Inc. American Depositary Shares

$0.26

Current Price

All

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Key figures

Dividend per share

—

Yield

—

EPS

-$0.03

P/E

—

Data as of Oct 1

Why it matters for the long term

Over 10-20 years, what drives a share up is the growth of its profits (EPS) + reinvested dividends. The P/E tells you whether you are paying a lot or a little for that growth. In short: rising EPS + reasonable P/E + growing dividend = good long-term candidate.

Upcoming events

Quarterly earnings

Expected EPS: -$0.05

Nov 16

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About Canaan Inc. American Depositary Shares

Canaan is a Singapore-based company that designs and sells specialized computers, under the Avalon brand, built to mine Bitcoin. Mining means running powerful machines that verify Bitcoin transactions in exchange for newly created coins. Canaan earns most of its money by selling these machines to mining companies, and it also runs some mining operations of its own.