vs
嘉楠科技（CAN）与FENNEC PHARMACEUTICALS INC.（FENC）财务数据对比。点击上方公司名可切换其他公司
嘉楠科技的季度营收约是FENNEC PHARMACEUTICALS INC.的1.5倍（$20.8M vs $13.8M），嘉楠科技净利率更高（-18.4% vs -34.7%，领先16.3%）
嘉楠科技（Canaan Inc.），也以嘉楠耘智之名开展业务，总部位于新加坡，是一家成立于2013年的计算机硬件厂商，由张楠赓创立，核心产品为比特币挖矿专用的区块链服务器与ASIC微处理器，在加密货币挖矿硬件领域拥有深厚技术积累。
Fennec制药是一家生物制药企业，专注于开发和商业化可降低儿童癌症患者治疗相关副作用的特种疗法，核心产品针对化疗引发的耳毒性，主要市场覆盖北美，服务肿瘤诊疗机构及儿童肿瘤患者群体。
CAN vs FENC — 直观对比
营收规模更大
CAN
是对方的1.5倍
$13.8M
净利率更高
CAN
高出16.3%
-34.7%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $20.8M | $13.8M |
| 净利润 | $-3.8M | $-4.8M |
| 毛利率 | 99.9% | — |
| 营业利润率 | -15.9% | -18.5% |
| 净利率 | -18.4% | -34.7% |
| 营收同比 | — | 73.8% |
| 净利润同比 | — | -141.1% |
| 每股收益（稀释后） | $-0.05 | $-0.17 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收CANFENC
| Q4 25 | $20.8M | $13.8M | ||
| Q3 25 | $13.8M | $12.5M | ||
| Q2 25 | $11.4M | $9.7M | ||
| Q1 25 | — | $8.8M | ||
| Q4 24 | — | $7.9M | ||
| Q3 24 | $10.2M | $7.0M | ||
| Q2 24 | $4.8M | $7.3M | ||
| Q1 24 | — | $25.4M |
净利润CANFENC
| Q4 25 | $-3.8M | $-4.8M | ||
| Q3 25 | $-1.5M | $-638.0K | ||
| Q2 25 | $-11.9M | $-3.2M | ||
| Q1 25 | — | $-1.2M | ||
| Q4 24 | — | $-2.0M | ||
| Q3 24 | $-10.4M | $-5.7M | ||
| Q2 24 | $-5.4M | $-5.6M | ||
| Q1 24 | — | $12.8M |
毛利率CANFENC
| Q4 25 | 99.9% | — | ||
| Q3 25 | 99.9% | — | ||
| Q2 25 | 99.9% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 99.9% | — | ||
| Q2 24 | 99.8% | — | ||
| Q1 24 | — | — |
营业利润率CANFENC
| Q4 25 | -15.9% | -18.5% | ||
| Q3 25 | -27.0% | -1.5% | ||
| Q2 25 | -45.5% | -28.3% | ||
| Q1 25 | — | -9.2% | ||
| Q4 24 | — | -11.8% | ||
| Q3 24 | -77.2% | -74.6% | ||
| Q2 24 | -193.9% | -69.4% | ||
| Q1 24 | — | 54.2% |
净利率CANFENC
| Q4 25 | -18.4% | -34.7% | ||
| Q3 25 | -11.0% | -5.1% | ||
| Q2 25 | -104.4% | -32.7% | ||
| Q1 25 | — | -13.3% | ||
| Q4 24 | — | -25.0% | ||
| Q3 24 | -102.7% | -82.2% | ||
| Q2 24 | -112.3% | -76.5% | ||
| Q1 24 | — | 50.6% |
每股收益（稀释后）CANFENC
| Q4 25 | $-0.05 | $-0.17 | ||
| Q3 25 | $-0.02 | $-0.02 | ||
| Q2 25 | $-0.25 | $-0.11 | ||
| Q1 25 | — | $-0.04 | ||
| Q4 24 | — | $-0.02 | ||
| Q3 24 | — | $-0.21 | ||
| Q2 24 | — | $-0.20 | ||
| Q1 24 | — | $0.41 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | — | $36.8M |
| 总债务越低越好 | $6.2M | — |
| 股东权益账面价值 | $52.4M | $35.5M |
| 总资产 | $92.5M | $70.6M |
| 负债/权益比越低杠杆越低 | 0.12× | — |
8季度趋势，按日历期对齐
现金及短期投资CANFENC
| Q4 25 | — | $36.8M | ||
| Q3 25 | — | $21.9M | ||
| Q2 25 | — | $18.7M | ||
| Q1 25 | — | $22.7M | ||
| Q4 24 | — | $26.6M | ||
| Q3 24 | — | $40.3M | ||
| Q2 24 | — | $43.1M | ||
| Q1 24 | — | $51.2M |
总债务CANFENC
| Q4 25 | $6.2M | — | ||
| Q3 25 | $6.2M | $19.4M | ||
| Q2 25 | $6.2M | $19.4M | ||
| Q1 25 | — | $19.4M | ||
| Q4 24 | — | $19.3M | ||
| Q3 24 | — | $32.1M | ||
| Q2 24 | — | $31.8M | ||
| Q1 24 | — | $31.3M |
股东权益CANFENC
| Q4 25 | $52.4M | $35.5M | ||
| Q3 25 | $44.7M | $-4.5M | ||
| Q2 25 | $33.8M | $-7.5M | ||
| Q1 25 | — | $-5.9M | ||
| Q4 24 | — | $-5.9M | ||
| Q3 24 | $43.6M | $-5.2M | ||
| Q2 24 | $56.8M | $-1.4M | ||
| Q1 24 | — | $3.0M |
总资产CANFENC
| Q4 25 | $92.5M | $70.6M | ||
| Q3 25 | $81.7M | $49.3M | ||
| Q2 25 | $78.0M | $44.9M | ||
| Q1 25 | — | $46.4M | ||
| Q4 24 | — | $44.9M | ||
| Q3 24 | $69.3M | $58.9M | ||
| Q2 24 | $73.7M | $63.2M | ||
| Q1 24 | — | $69.2M |
负债/权益比CANFENC
| Q4 25 | 0.12× | — | ||
| Q3 25 | 0.14× | — | ||
| Q2 25 | 0.18× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 10.40× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | — | $-6.0M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流CANFENC
| Q4 25 | — | $-6.0M | ||
| Q3 25 | — | $1.5M | ||
| Q2 25 | — | $-3.7M | ||
| Q1 25 | — | $-4.3M | ||
| Q4 24 | — | $-1.5M | ||
| Q3 24 | — | $-2.2M | ||
| Q2 24 | — | $-8.4M | ||
| Q1 24 | — | $39.0M |
现金转化率CANFENC
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 3.04× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
