Canaan annual asset turnover
2020
2021
2022
2023
2024
2025
Canaan Asset Turnover Growth & History (CAN)
Canaan's asset turnover was 0.99 for fiscal 2025.
View full Canaan company overviewCanaan annual asset turnover history
| Fiscal year | Period ended | Asset turnover | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.99 | 0.43 | +76.47% |
| 2024 | 2024-12-31 | 0.56 | 0.20 | +56.91% |
| 2023 | 2023-12-31 | 0.36 | −0.47 | −56.78% |
| 2022 | 2022-12-31 | 0.83 | −0.65 | −43.96% |
| 2021 | 2021-12-31 | 1.48 | 1.03 | +225.40% |
| 2020 | 2020-12-31 | 0.46 | — | — |
Canaan quarterly asset turnover
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Asset turnover | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.85 | — | — |
| Q1 2026 | 2026-03-31 | 0.93 | — | — |
| Q4 2025 | 2025-12-31 | 0.99 | — | — |
Canaan asset turnover trends
Over the last five fiscal years, Canaan's asset turnover increased from 0.46 to 0.99, a change of 0.54. The latest reported quarter, Q2 2026, shows 0.85.
About the metric
What asset turnover means
Asset turnover measures how much revenue a company generates for each unit of assets employed in the business. A higher ratio generally indicates more efficient asset use, although useful comparisons depend heavily on the industry.
Calculation and source
How asset turnover is calculated
TickerStat calculates annual asset turnover as reported revenue divided by average total assets. Quarterly values use trailing-12-month revenue and average assets over the corresponding one-year period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Canaan source filings ↗Community posts
Canaan reports quarterly net loss of almost $98 million
Canaan ($CAN) generated $31.9 million in second-quarter 2026 revenue, including $17.7 million from mining. Its net loss widened to $97.6 million from $11.1 million a year earlier. Inventory write-downs, equipment impairments and a decline i ...