Canaan Inc (CAN) - Total Assets
Based on the latest financial reports, Canaan Inc (CAN) holds total assets worth $532.07 Million USD as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore cash flow to debt ratio of Canaan Inc to assess how comfortably operating cash covers total debt obligations.
Canaan Inc - Total Assets Trend (2017–2025)
This chart illustrates how Canaan Inc's total assets have evolved over time, based on quarterly financial data. See Canaan Inc (CAN) net assets for net asset value and shareholders' equity analysis.
Canaan Inc - Asset Composition Analysis
Current Asset Composition (December 2025)
Canaan Inc's total assets of $532.07 Million consist of 71.9% current assets and 28.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 13.4% |
| Accounts Receivable | $19.29 Million | 3.2% |
| Inventory | $180.82 Million | 30.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $689.00K | 0.1% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2017–2025)
This chart illustrates how Canaan Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see CAN market cap overview.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Canaan Inc's current assets represent 71.9% of total assets in 2025, a decrease from 98.0% in 2017.
- Cash Position: Cash and equivalents constituted 13.4% of total assets in 2025, down from 14.7% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is inventory at 30.0% of total assets.
Canaan Inc Competitors by Total Assets
Key competitors of Canaan Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
ParTec AG
XETRA:JY0
|
Germany | €81.99 Million |
|
Touax SCA
PA:ALPWG
|
USA | €97.40 Million |
|
Jooyontech
KO:044380
|
Korea | ₩41.30 Billion |
|
Rocketdna Ltd
AU:RKT
|
Australia | AU$11.39 Million |
|
333D Ltd
AU:T3D
|
Australia | AU$1.12 Million |
|
Positivo Tecnologia S.A
SA:POSI3
|
Brazil | R$4.45 Billion |
|
Hangzhou Hikvision Digital Technology Co Ltd
SHE:002415
|
China | CN¥135.31 Billion |
|
Shenzhen Longsys Electronics Co. Ltd. A
SHE:301308
|
China | CN¥18.07 Billion |
Canaan Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 3.34 | 1.50 | 2.40 |
| Quick Ratio | 2.04 | 1.11 | 1.96 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $249.49 Million | $145.29 Million | $1.88 Billion |
Canaan Inc - Advanced Valuation Insights
This section examines the relationship between Canaan Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.55 |
| Latest Market Cap to Assets Ratio | 0.24 |
| Asset Growth Rate (YoY) | 30.2% |
| Total Assets | $602.88 Million |
| Market Capitalization | $142.84 Million USD |
Valuation Analysis
Below Book Valuation: The market values Canaan Inc's assets below their book value (0.24x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Canaan Inc's assets grew by 30.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Canaan Inc (2017–2025)
The table below shows the annual total assets of Canaan Inc from 2017 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $602.88 Million | +30.21% |
| 2024-12-31 | $463.01 Million | -6.14% |
| 2023-12-31 | $493.30 Million | -89.57% |
| 2022-12-31 | $4.73 Billion | -16.06% |
| 2021-12-31 | $5.63 Billion | +443.65% |
| 2020-12-31 | $1.04 Billion | +4.50% |
| 2019-12-31 | $991.43 Million | -29.32% |
| 2018-12-31 | $1.40 Billion | +16.58% |
| 2017-12-31 | $1.20 Billion | -- |
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