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| 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 |