Canaan (CAN) Change in Intangibles (2022 - 2024)
Canaan (CAN) posted quarterly Change in Intangibles of $31.5 million for Q4 2024, up 146.07% year-over-year from $12.8 million in Q1 2024, and up 282.48% quarter-over-quarter from $8.2 million in Q3 2024.
Canaan (CAN) Change in Intangibles (2022 - 2024) Analysis & Trends
Canaan (CAN) has reported Change in Intangibles for 3 consecutive years, with $31.5 million the latest figure, recorded in Q4 2024.
- In Q4 2024, Change in Intangibles rose 146.07% year-over-year to $31.5 million; the TTM figure through Dec 2024 stood at $57.4 million (changed N/A YoY), while the FY2025 annual figure was $93.1 million, up 30.19% from the prior year.
- Change in Intangibles advanced to $31.5 million in Q4 2024 per CAN's latest filing, from $8.2 million in the prior quarter.
- Across five years, Change in Intangibles topped out at $31.5 million in Q4 2024 and bottomed at $4.9 million in Q3 2023.
- Historically, Change in Intangibles has averaged $12.6 million across 3 years, with a median of $8.2 million in 2024.
- On a YoY basis, Change in Intangibles climbed as much as 146.07% in 2024 and fell as far as 68.39% in 2024.
- Canaan's Change in Intangibles stood at $5.5 million in 2022, then surged by 132.37% to $12.8 million in 2023, then surged by 146.07% to $31.5 million in 2024.
- Business Quant data shows CAN's Change in Intangibles at $31.5 million in Q4 2024, $8.2 million in Q3 2024, and $12.8 million in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Intangibless (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 278.57 Bn | 266.99 Bn | 7.78 Bn | - |
| 2 | Arista Networks | 232.75 Bn | 220.40 Bn | 1.68 Bn | - |
| 3 | Sandisk | 190.63 Bn | 186.89 Bn | 4.66 Bn | - |
| 4 | Seagate Technology Holdings | 186.50 Bn | 185.35 Bn | 1.45 Bn | - |
| 5 | Western Digital | 184.00 Bn | 180.76 Bn | 1.68 Bn | - |
| 6 | Everpure | 26.61 Bn | 25.11 Bn | 723.33 Mn | - |
| 7 | Hp | 24.78 Bn | 21.08 Bn | 3.02 Bn | - |
| 8 | Super Micro Computer | 17.22 Bn | 15.93 Bn | 1.02 Bn | - |
| 9 | Logitech International | 16.90 Bn | 15.15 Bn | 607.94 Mn | - |
| 10 | Canaan | 124.46 Mn | 124.46 Mn | -22.91 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 31.46 Mn |
| Dec 31, 2024 | 31.46 Mn |
| Sep 30, 2024 | 8.23 Mn |
| Sep 30, 2024 | 8.23 Mn |
| Dec 31, 2023 | 12.79 Mn |
| Dec 31, 2023 | 12.79 Mn |
| Sep 30, 2023 | 4.89 Mn |
| Sep 30, 2023 | 4.89 Mn |
| Dec 31, 2022 | 5.50 Mn |
| Dec 31, 2022 | 5.50 Mn |