Canaan Inc (CAN) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Canaan Inc (CAN) has a cash flow conversion efficiency ratio of -0.888x as of March 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-217.21 Million) by net assets ($244.64 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Canaan Inc - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how Canaan Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Canaan Inc debt and liabilities for a breakdown of total debt and financial obligations.
Canaan Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Canaan Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
D. Boral ARC Acquisition I Corp. Class A Ordinary Shares
NASDAQ:BCAR
|
N/A |
|
Soyea Technology Co Ltd
SHE:000909
|
0.022x |
|
Discount Investment Corp Ltd
TA:DISI
|
0.018x |
|
NL Industries Inc
NYSE:NL
|
0.020x |
|
Kelly Services A Inc
NASDAQ:KELYA
|
0.029x |
|
DSC Investment Inc
KQ:241520
|
-0.040x |
|
X4 Pharmaceuticals Inc
NASDAQ:XFOR
|
-0.452x |
|
Ace Pillar Co Ltd
TW:8374
|
-0.014x |
Annual Cash Flow Conversion Efficiency for Canaan Inc (2017–2024)
The table below shows the annual cash flow conversion efficiency of Canaan Inc from 2017 to 2024. For the full company profile with market capitalisation and key ratios, see CAN company net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $266.25 Million | $-199.26 Million | -0.748x | -110.79% |
| 2023-12-31 | $348.19 Million | $-123.62 Million | -0.355x | +87.41% |
| 2022-12-31 | $612.13 Million | $-1.73 Billion | -2.820x | -859.14% |
| 2021-12-31 | $543.31 Million | $201.86 Million | 0.372x | -53.33% |
| 2020-12-31 | $66.26 Million | $52.75 Million | 0.796x | +296.93% |
| 2019-12-31 | $692.79 Million | $-280.06 Million | -0.404x | -664.45% |
| 2018-12-31 | $240.98 Million | $-12.74 Million | -0.053x | -149.71% |
| 2017-12-31 | $857.24 Million | $91.20 Million | 0.106x | -- |
About Canaan Inc
Canaan Inc. engages in the research and development, design, and sale of integrated circuits (IC), and lease of final mining equipment by integrating IC products for bitcoin mining and related components in the People's Republic of China. It is also involved in the assembly and distribution of mining equipment and spare parts; and distribution of edge computing chip products, as well as mining bu… Read more