Nano Labs Ltd (NA)
NASDAQ: NA · Real-Time Price · USD
2.280
+0.040 (1.79%)
Sep 4, 2026, 9:16 AM EDT - Market open

Nano Labs Financials Overview

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
21.527.0140.678.34983.1739.44
Revenue Growth
-20.38%-33.47%-48.18%-92.03%2392.76%1754.58%
Gross Profit
-2.29-7.1522.52-42.68414.2422.66
Operating Income
-77.73-74.54-87.6-200.02204.76-152.03
Net Income
-166.98135.47-113.19-252.8231.12-174.94
Earnings Per Share
-7.296.82-14.06-42.945.84-38.93
EPS Growth
------

Revenue by Geography

Fiscal YearFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '24 Dec '23 Dec '22 Dec '21
PRC
23.6824.9957.49906.3537.43
Hong Kong
1.249.470.0233.56-
Singapore
-4.71.120.18-
The United States
1.561.097.1216.280.37
Others
0.530.3512.626.81.64
Total
27.0140.678.34983.1739.44

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
12.6836.9634.6350.5391.25266.66
Total Debt
229.13235.56198.87150.8823.677.35
Net Cash (Debt)
-216.45-198.6-164.23-100.3567.58259.31
Net Cash Growth
-----73.94%-
Net Cash Per Share
-9.44-10.00-20.40-17.0412.6857.70

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
--108.27-139.33-133.47-274.9471.73
Capital Expenditures
--0.05-36.37-105.48-17.53-8.69
Free Cash Flow
--108.32-175.7-238.96-292.4763.04
Free Cash Flow Growth
------

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
-10.66%-26.49%55.46%-54.48%42.13%57.46%
Operating Margin
-361.51%-275.99%-215.78%-255.34%20.83%-385.47%
Pretax Margin
-832.37%466.36%-294.46%-324.72%3.17%-443.56%
Profit Margin
-776.60%501.60%-278.81%-322.75%3.16%-443.56%
FCF Margin
--401.07%-432.79%-305.04%-29.75%159.83%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
-3.76----
PS Ratio
15.5718.8624.83---