Canaan (CAN) Exchange Rate Effect (2021 - 2024)
Canaan (CAN) reported Exchange Rate Effect of $7.2 million for Q4 2024, up 237.53% year-over-year from $2.1 million in Q1 2024, and up 68.48% quarter-over-quarter from $4.2 million in Q3 2024.
Canaan (CAN) Exchange Rate Effect (2021 - 2024) Analysis & Trends
Canaan (CAN) has 4 years of Exchange Rate Effect data on file, last reported at $7.2 million in Q4 2024.
- Exchange Rate Effect for Q4 2024 came in at $7.2 million, up 237.53% year-over-year; the trailing twelve-month figure through Dec 2024 was $12.4 million (up 156.91% YoY), and the FY2025 annual result was $897000.0, up 179.8% from the prior year.
- Exchange Rate Effect grew to $7.2 million in Q4 2024 per CAN's latest filing, from $4.2 million in the prior quarter.
- Over five years, Exchange Rate Effect peaked at $7.2 million in Q4 2024 and troughed at -$19.8 million in Q4 2022.
- A 4-year average of -$1.7 million and a median of $663994.7 in 2021 frame the typical range for Exchange Rate Effect.
- The sharpest annual moves came in 2022 and 2024: Exchange Rate Effect sank 578.33% in 2022, then jumped 237.53% in 2024.
- A 4-year view of Exchange Rate Effect shows it stood at -$2.9 million in 2021, then slumped by 578.33% to -$19.8 million in 2022, then jumped by 73.73% to -$5.2 million in 2023, then jumped by 237.53% to $7.2 million in 2024.
- Business Quant data shows CAN's Exchange Rate Effect at $7.2 million in Q4 2024, $4.2 million in Q3 2024, and -$5.2 million in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FX Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 266.21 Bn | 254.69 Bn | 6.73 Bn | 87.00 Mn |
| 2 | Sandisk | 230.78 Bn | 227.04 Bn | 4.66 Bn | -7.00 Mn |
| 3 | Arista Networks | 194.03 Bn | 181.67 Bn | 1.68 Bn | -2.60 Mn |
| 4 | Seagate Technology Holdings | 183.90 Bn | 182.75 Bn | 1.45 Bn | - |
| 5 | Western Digital | 175.01 Bn | 171.77 Bn | 1.68 Bn | -1.00 Mn |
| 6 | Super Micro Computer | 24.90 Bn | 23.61 Bn | 1.02 Bn | -393,000.00 |
| 7 | Everpure | 23.71 Bn | 22.70 Bn | 740.09 Mn | - |
| 8 | Hp | 23.64 Bn | 19.93 Bn | 3.02 Bn | - |
| 9 | IonQ | 20.37 Bn | 18.35 Bn | 15.41 Mn | -417,000.00 |
| 10 | Canaan | 2.72 Bn | 2.64 Bn | -22.91 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 7.16 Mn |
| Dec 31, 2024 | 7.16 Mn |
| Sep 30, 2024 | 4.25 Mn |
| Sep 30, 2024 | 4.25 Mn |
| Dec 31, 2023 | -5.20 Mn |
| Dec 31, 2023 | -5.20 Mn |
| Sep 30, 2023 | 6.18 Mn |
| Sep 30, 2023 | 6.18 Mn |
| Dec 31, 2022 | -19.81 Mn |
| Dec 31, 2022 | -19.81 Mn |
| Dec 31, 2021 | -2.92 Mn |
| Dec 31, 2021 | -2.92 Mn |