Canaan (CAN) Exchange Rate Effect (2021 - 2024)
Canaan (CAN) posted Exchange Rate Effect of $7.2 million for Q4 2024, up 68.48% quarter-over-quarter from $4.2 million in Q3 2024, and up 237.53% YoY from $2.1 million in Q1 2024.
Analysis
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.
- For the quarter ending Q4 2024, Exchange Rate Effect rose 237.53% year-over-year to $7.2 million; the trailing twelve-month figure through Dec 2024 stood at $12.4 million (up 156.91% YoY), and the FY2025 full-year result was $897000.0, up 179.8% from the prior year.
- Exchange Rate Effect was $7.2 million for Q4 2024 at Canaan, up from $4.2 million in the prior quarter.
- In the past five years, Exchange Rate Effect ranged from a high of $7.2 million in Q4 2024 to a low of -$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.
- Across the five-year window, Exchange Rate Effect plunged 578.33% in 2022 and jumped 237.53% in 2024, its largest moves.
- Canaan's Exchange Rate Effect stood at -$2.9 million in 2021, then plunged 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.
- Per Business Quant data, the three most recent Exchange Rate Effect figures were $7.2 million in Q4 2024, $4.2 million in Q3 2024, and -$5.2 million in Q4 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Exchange Rate Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,133.09 Bn | 5,067.87 Bn | 72.14 Bn | - |
| 2 | Broadcom | 1,617.10 Bn | 1,593.13 Bn | 20.46 Bn | - |
| 3 | Advanced Micro Devices | 823.64 Bn | 810.53 Bn | 6.20 Bn | - |
| 4 | Arm Holdings | 255.67 Bn | 251.79 Bn | 1.25 Bn | -2.00 Mn |
| 5 | Marvell Technology | 198.91 Bn | 194.98 Bn | 1.46 Bn | - |
| 6 | Qualcomm | 198.67 Bn | 190.37 Bn | 5.28 Bn | 4.00 Mn |
| 7 | Monolithic Power Systems | 56.10 Bn | 54.68 Bn | 541.07 Mn | 2.63 Mn |
| 8 | Astera Labs | 43.53 Bn | 42.28 Bn | 287.57 Mn | - |
| 9 | Credo Technology Group Holding | 28.01 Bn | 27.24 Bn | 309.08 Mn | 300,000.00 |
| 10 | Canaan | 143.86 Mn | 77.86 Mn | -29.33 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 7.16 Mn |
| Sep 30, 2024 | 4.25 Mn |
| Dec 31, 2023 | -5.20 Mn |
| Sep 30, 2023 | 6.18 Mn |
| Dec 31, 2022 | -19.81 Mn |
| Dec 31, 2021 | -2.92 Mn |