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
DateValue
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