Nano Labs Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	48.16	48.16	87.81	233.85	35.33	10.64
Short-Term Investments	2.36	2.36	3.43	32.81	0.4	0.03
Cash & Short-Term Investments	50.53	50.53	91.25	266.66	35.73	10.68
Cash Growth	-44.63%	-44.63%	-65.78%	646.25%	234.67%	-
Receivables	35.78	35.78	23.73	33.08	7.34	3.78
Inventory	12.87	12.87	102.2	213.87	7.24	-
Restricted Cash	0.42	0.42	0.05	-	-	-
Other Current Assets	25.89	25.89	71.42	379.82	8.7	6.05
Total Current Assets	125.49	125.49	288.65	893.43	59.01	20.5
Property, Plant & Equipment	177.08	177.08	29.87	16.4	1.84	0.56
Other Intangible Assets	47.73	47.73	48.72	-	0.1	0.27
Other Long-Term Assets	-	-	-	-	0.55	0.55
Total Assets	350.3	350.3	367.24	909.83	61.49	21.88
Accounts Payable	16.88	16.88	15.29	2.84	5.62	0.51
Accrued Expenses	7.01	7.01	8.54	6.59	-	4.72
Short-Term Debt	20	20	-	-	36.36	6.99
Current Portion of Long-Term Debt	3.41	3.41	0.28	-	-	-
Current Portion of Leases	3.48	3.48	4.2	5.22	0.46	0.13
Current Income Taxes Payable	13.6	13.6	13.61	0.32	-	-
Current Unearned Revenue	107.83	107.83	124.47	917.39	65.4	20.37
Other Current Liabilities	70.36	70.36	17.25	0	1.9	0.08
Total Current Liabilities	242.57	242.57	183.64	932.37	109.74	32.79
Long-Term Debt	120.26	120.26	16.67	-	-	-
Long-Term Leases	3.73	3.73	2.51	2.12	0.28	0.11
Total Liabilities	366.56	366.56	202.83	934.49	110.01	32.91
Common Stock	0.09	0.09	0.07	0.07	0.05	0.05
Additional Paid-In Capital	428.31	428.31	354.8	201.42	0.16	-
Retained Earnings	-445.38	-445.38	-192.56	-223.68	-48.74	-11.03
Comprensive Income & Other	2.25	2.25	2.1	-2.47	-	-0.05
Total Common Equity	-14.73	-14.73	164.41	-24.66	-48.52	-11.03
Minority Interest	-1.53	-1.53	-	-	-	-
Shareholders' Equity	-16.26	-16.26	164.41	-24.66	-48.52	-11.03
Total Liabilities & Equity	350.3	350.3	367.24	909.83	61.49	21.88
Total Debt	150.88	150.88	23.67	7.35	37.09	7.23
Net Cash (Debt)	-100.35	-100.35	67.58	259.31	-1.36	3.44
Net Cash Growth	-	-	-73.94%	-	-	-
Net Cash Per Share	-1.70	-1.70	1.27	5.77	-0.03	0.09
Filing Date Shares Outstanding	65.83	65.83	55.75	103.79	79.25	39.62
Total Common Shares Outstanding	65.83	65.83	55.75	103.79	79.25	39.62
Working Capital	-117.08	-117.08	105.01	-38.94	-50.73	-12.29
Book Value Per Share	-0.22	-0.22	2.95	-0.24	-0.61	-0.28
Tangible Book Value	-62.46	-62.46	115.7	-24.66	-48.62	-11.3
Tangible Book Value Per Share	-0.95	-0.95	2.08	-0.24	-0.61	-0.29
Machinery	12.41	12.41	9.84	8.59	1.29	0.35
Construction In Progress	165.22	165.22	16.12	-	-	-
Leasehold Improvements	1.55	1.55	1.55	1.4	-	-

Source: S&P Capital IQ. Standard template.