Canaan Inc
NASDAQ:CAN
Gross Margin
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Peer Comparison
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| CN |
|
Canaan Inc
NASDAQ:CAN
|
298.5m USD |
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|
|
| US |
|
Apple Inc
NASDAQ:AAPL
|
3.9T USD |
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|
|
| KR |
|
Samsung Electronics Co Ltd
KRX:005930
|
1 322.1T KRW |
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|
|
| CN |
|
Xiaomi Corp
HKEX:1810
|
926.1B HKD |
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|
|
| US |
S
|
SanDisk Corp
NASDAQ:SNDK
|
98.5B USD |
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|
|
| US |
|
Western Digital Corp
NASDAQ:WDC
|
95.6B USD |
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|
|
| IE |
|
Seagate Technology Holdings PLC
NASDAQ:STX
|
88.8B USD |
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|
|
| US |
|
Dell Technologies Inc
NYSE:DELL
|
80.4B USD |
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|
|
| SG |
S
|
Seagate Technology Holdings PLC
XBER:847
|
51.6B EUR |
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|
|
| TW |
|
Quanta Computer Inc
TWSE:2382
|
1.1T TWD |
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|
|
| US |
|
Hewlett Packard Enterprise Co
NYSE:HPE
|
26.4B USD |
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|
Market Distribution
| Min | -2 148% |
| 30th Percentile | 14.3% |
| Median | 23% |
| 70th Percentile | 34.6% |
| Max | 775.2% |
Other Profitability Ratios
Canaan Inc
Glance View
Canaan, Inc. provides high-performance computing solutions to efficiently solve complex problems. The company is headquartered in Hangzhou, Zhejiang. The company went IPO on 2019-11-21. The firm provides a holistic AI (Artificial Intelligence) solution to customers, including AI chips, algorithm development and optimization, hardware module, end-product and software services.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for Canaan Inc is 7.8%, which is above its 3-year median of -49.2%.
Over the last 3 years, Canaan Inc’s Gross Margin has decreased from 35.3% to 7.8%. During this period, it reached a low of -120.2% on Mar 31, 2024 and a high of 35.3% on Dec 31, 2022.
