Canaan Inc (CAN) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Canaan Inc (CAN) has a cash flow conversion efficiency ratio of -0.816x as of December 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 ($266.25 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See debt-free asset ratio of Canaan Inc to measure how much of total assets are equity-financed.
Canaan Inc - Cash Flow Conversion Efficiency Trend (2017–2025)
This chart illustrates how Canaan Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check cash flow quality index of Canaan Inc to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
SHL Consolidated Bhd
KLSE:6017
|
0.026x |
|
Kelly Partners Group Holdings Ltd
AU:KPG
|
0.259x |
|
Kross Ltd
NSE:KROSS
|
0.010x |
|
Stomil Sanok SA
WAR:SNK
|
0.074x |
|
Gesco AG
XETRA:GSC1
|
0.064x |
|
JTC Inc
KQ:950170
|
0.048x |
|
CVRx Inc
NASDAQ:CVRX
|
-0.418x |
|
Plenitude Bhd
KLSE:5075
|
0.038x |
Annual Cash Flow Conversion Efficiency for Canaan Inc (2017–2025)
The table below shows the annual cash flow conversion efficiency of Canaan Inc from 2017 to 2025. For the full company profile with market capitalisation and key ratios, see Canaan Inc market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $437.37 Million | $-271.22 Million | -0.620x | +17.14% |
| 2024-12-31 | $266.25 Million | $-199.26 Million | -0.748x | -110.79% |
| 2023-12-31 | $348.19 Million | $-123.62 Million | -0.355x | +87.40% |
| 2022-12-31 | $4.20 Billion | $-11.83 Billion | -2.818x | -858.43% |
| 2021-12-31 | $3.46 Billion | $1.29 Billion | 0.372x | -53.33% |
| 2020-12-31 | $432.40 Million | $344.22 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 | -424.51% |
| 2017-12-31 | $857.24 Million | $13.97 Million | 0.016x | -- |
About Canaan Inc
Canaan Inc. engages in the research and development, design, and sale of integrated circuits, and bitcoin mining equipment and related components. The company is involved in the assembly and distribution of mining equipment and spare parts; and mining business. It has operations in the United States, Mainland China, the United Arab Emirates, Ethiopia, Hong Kong Special Administrative Region, Mala… Read more