Nano Labs Ltd (NA)
NASDAQ: NA · Real-Time Price · USD
2.320
-0.060 (-2.52%)
Sep 28, 2026, 10:20 AM EDT - Market open
Nano Labs Cash Flow Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | -166.98 | 135.47 | -113.19 | -252.82 | 31.12 | -174.94 |
Depreciation & Amortization | 12.42 | 12.16 | 11.63 | 10.18 | 9.43 | 5.53 |
Loss (Gain) From Sale of Assets | -0.03 | -0.1 | -0.01 | - | - | - |
Loss (Gain) From Sale of Investments | 25.16 | 9.07 | - | - | - | - |
Stock-Based Compensation | 0.02 | 0.07 | 0.4 | 0.72 | 9.35 | 0.02 |
Other Operating Activities | 48.05 | -231.28 | 20.2 | 59.35 | 184.07 | 26.74 |
Change in Accounts Receivable | 0.16 | 0.29 | 1.18 | -1.73 | - | 1.17 |
Change in Inventory | -5.53 | -16.48 | -27.88 | 28.78 | -71.45 | -233.39 |
Change in Accounts Payable | -11.31 | 1.37 | 1.08 | 0.9 | 10.59 | -2.78 |
Change in Unearned Revenue | -32.55 | -29.52 | -9.02 | -16.66 | -794.3 | 851.99 |
Change in Other Net Operating Assets | 17.21 | 10.68 | -23.72 | 37.82 | 346.24 | -402.6 |
Operating Cash Flow | -113.38 | -108.27 | -139.33 | -133.47 | -274.94 | 71.73 |
Operating Cash Flow Growth | - | - | - | - | - | - |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | 0.54 | -0.05 | -36.37 | -105.48 | -17.53 | -8.69 |
Sale of Property, Plant & Equipment | -0.23 | 1.85 | 0.02 | - | - | - |
Sale (Purchase) of Intangibles | - | - | - | - | -49.29 | - |
Investment in Securities | 5.73 | -2 | - | - | 33.64 | -32.29 |
Other Investing Activities | -221.22 | -295.99 | -220.41 | - | - | 4.94 |
Investing Cash Flow | -215.18 | -296.19 | -256.77 | -105.48 | -33.18 | -36.05 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 50.11 | 220.03 | 128.25 | 17.09 | - |
Total Debt Issued | 37.15 | 50.11 | 220.03 | 128.25 | 17.09 | - |
Short-Term Debt Repaid | - | - | - | - | - | -36.36 |
Long-Term Debt Repaid | - | -23.35 | -169.67 | -1.53 | -0.14 | - |
Total Debt Repaid | -44.12 | -23.35 | -169.67 | -1.53 | -0.14 | -36.36 |
Net Debt Issued (Repaid) | -6.97 | 26.76 | 50.36 | 126.72 | 16.95 | -36.36 |
Issuance of Common Stock | 0 | 357.3 | 325.62 | 72.8 | 144.04 | 201.25 |
Repurchase of Common Stock | -19.71 | -1.67 | - | - | - | - |
Financing Cash Flow | -26.68 | 382.39 | 375.98 | 199.52 | 161 | 164.9 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | 0.29 | -0.93 | 4.38 | 0.16 | 1.13 | -2.06 |
Net Cash Flow | -354.95 | -23 | -15.73 | -39.28 | -145.99 | 198.52 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | -112.84 | -108.32 | -175.7 | -238.96 | -292.47 | 63.04 |
Free Cash Flow Growth | - | - | - | - | - | - |
Free Cash Flow Margin | -524.81% | -401.07% | -432.79% | -305.04% | -29.75% | 159.83% |
Free Cash Flow Per Share | -4.92 | -5.45 | -21.83 | -40.58 | -54.87 | 14.03 |
Levered Free Cash Flow | 112.66 | -176.95 | -343.02 | -60.64 | -238.69 | 152.25 |
Unlevered Free Cash Flow | 123.51 | -166.36 | -338.7 | -60.64 | -238.69 | 152.57 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 10.55 | 10.58 | 9.28 | 3.77 | 0.18 | - |
Cash Income Tax Paid | - | - | - | - | 0.09 | 0.28 |
Change in Working Capital | -32.02 | -33.66 | -58.37 | 49.1 | -508.91 | 214.39 |