Zhejiang Canaan Technology Co Ltd

Zhejiang Canaan Technology Limited researches, develops, produces, and sells pharmaceutical equipment in China and internationally. Its products include preprocessing, hybrid, packaging, attachment, granulation, material transport, cleaning, continuous manufacturing, container, freeze drying, molding, and fluid modules, as well as filter washer dryers. It also offers EPCMV turnkey services, solid dosage and API systems, pharmaceutical water solutions, smart packaging, intelligent warehousing and automated logistics, integrated pharmaceutical R&D services, and pharmaceutical digital solutions. The company primarily serves the pharmaceutical industry, was founded in 2000, and is based in Wenzhou, China.

300412.CS▼4

Canaan Technology swings to net loss in 2026 interim report

Canaan Technology released its 2026 interim report, with net profit attributable to the parent company at negative 2.09 million yuan, swinging from profit to loss. The company's total operating revenue was 502 million yuan, down 10.41 percent from the same period last year. Net cash flow from operating activities was negative 1.47 million yuan. The latest asset-liability ratio was 57.06 percent, up 2.19 percentage points from the same period last year. The company's latest gross margin was 22.55 percent, down 2.13 percentage points from the previous quarter, and the latest return on equity was negative 0.20 percent.

300412.CS ▼

Jiemian·26dRead more →