-
1 Comment
Zhejiang Canaan Technology Co., Ltd is currently in a long term downtrend where the price is trading 1.9% below its 200 day moving average.
From a valuation standpoint, the stock is 54.6% cheaper than other stocks from the Industrials sector with a price to sales ratio of 2.3.
Zhejiang Canaan Technology Co., Ltd's total revenue sank by 22.2% to $268M since the same quarter in the previous year.
Its net income has increased by 32.5% to $24M since the same quarter in the previous year.
Finally, its free cash flow fell by 124.3% to $-7M since the same quarter in the previous year.
Based on the above factors, Zhejiang Canaan Technology Co., Ltd gets an overall score of 2/5.
| Exchange | SHE |
|---|---|
| CurrencyCode | CNY |
| ISIN | CNE100001Y75 |
| Sector | Industrials |
| Industry | Specialty Industrial Machinery |
| Dividend Yield | None |
|---|---|
| PE Ratio | 70.71 |
| Market Cap | 2B |
| Beta | 0.52 |
Zhejiang Canaan Technology Limited engages in the research and development, production, and sale of pharmaceutical equipment in China and internationally. The company offers OSD products, such as dispensing, high shear mixer, roller compactor, fluid bed, mill, pelleting, blender, pharma lifter, tablet press, coater, capsule filling, washing machine, and pharma bin and series parts, as well as OEB equipment and isolators, R&D machines, APIs, packaging, water systems, extraction and reactor, and warehouse products. It primarily serves pharmaceutical industry. The company was founded in 2000 and is based in Wenzhou, China.
Learn MoreHere's how to backtest a trading strategy or backtest a portfolio for 300412.SHE using our backtest tool. PyInvesting provides the backtesting software for you to backtest your investment strategy. Our backtest software is written using Python code and allows you to backtest stock, backtest etf, backtest options, backtest crypto and backtest forex online. Our backtesting Python framework is highly robust and gives you a realistic simulation of how your strategy would have performed in the past using backtest data.
© PyInvesting 2025
