Canaan (CAN) Exchange Rate Effect (2021 - 2024)

Canaan (CAN) posted quarterly Exchange Rate Effect of $7.2 million for Q4 2024, up 237.53% YoY from $2.1 million in Q1 2024, and up 68.48% sequentially from $4.2 million in Q3 2024.

Canaan (CAN) Exchange Rate Effect (2021 - 2024) Analysis & Trends

Canaan has disclosed Exchange Rate Effect across 4 years of filings, most recently posting $7.2 million for Q4 2024.

  • In Q4 2024, Exchange Rate Effect rose 237.53% year-over-year to $7.2 million; the TTM figure through Dec 2024 stood at $12.4 million (up 156.91% YoY), while the FY2025 annual figure was $897000.0, up 179.8% from the prior year.
  • Exchange Rate Effect climbed to $7.2 million in Q4 2024, from $4.2 million in the prior quarter.
  • Over the last five years, Exchange Rate Effect for CAN reached as high as $7.2 million in Q4 2024 and fell as low as -$19.8 million in Q4 2022.
  • The 4-year median for Exchange Rate Effect is $663994.7 (2021), against an average of -$1.7 million.
  • Annual changes were most pronounced in 2022 — Exchange Rate Effect tumbled 578.33% — and 2024, when it jumped 237.53%.
  • A 4-year view of Exchange Rate Effect shows it 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.
  • According to Business Quant data, Exchange Rate Effect over the past three periods registered $7.2 million, $4.2 million, and -$5.2 million for Q4 2024, Q3 2024, and Q4 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FX Effect (Qtr)
1 Sandisk 300.77 Bn 297.03 Bn 4.66 Bn -7.00 Mn
2 Dell Technologies 276.28 Bn 264.70 Bn 7.78 Bn -13.00 Mn
3 Arista Networks 209.63 Bn 197.28 Bn 1.68 Bn -2.60 Mn
4 Western Digital 204.64 Bn 201.41 Bn 1.68 Bn -1.00 Mn
5 Seagate Technology Holdings 202.26 Bn 201.11 Bn 1.45 Bn -
6 Everpure 25.55 Bn 24.23 Bn 723.33 Mn -
7 Hp 20.30 Bn 16.60 Bn 3.02 Bn -
8 Super Micro Computer 16.60 Bn 15.31 Bn 1.02 Bn -393,000.00
9 Logitech International 13.89 Bn 12.15 Bn 483.28 Mn 2.01 Mn
10 Canaan 3.01 Bn 3.01 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