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    300412   CNE100001Y75

ZHEJIANG CANAAN TECHNOLOGY LIMITED

(300412)
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Zhejiang Canaan Technology Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020

10/29/2020 | 03:15am EST

Zhejiang Canaan Technology Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 604.291 million compared to CNY 358.998 million a year ago. Operating income was CNY 62.063 million compared to CNY 36.450 million a year ago. Net income was CNY 52.137 million compared to CNY 33.253 million a year ago. Basic earnings per share from continuing operations was CNY 0.2 compared to CNY 0.13 a year ago.


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Financials
Sales 2020 1 007 M 159 M 159 M
Net income 2020 67,9 M 10,7 M 10,7 M
Net cash 2020 141 M 22,4 M 22,4 M
P/E ratio 2020 38,0x
Yield 2020 1,62%
Capitalization 4 298 M 679 M 680 M
EV / Sales 2019 2,13x
EV / Sales 2020 2,38x
Nbr of Employees 1 477
Free-Float 55,1%
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Managers and Directors
Zheng Fang General Manager & Director
Hai Zhi Xu Chief Financial & Accounting Officer
Heng Zhi Fang Chairman
Gao Fu Zheng Chairman-Supervisory Board
Zhen Dao Zhou Director & Deputy General Manager-Technology
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