NANasdaqSemiconductors & Related DevicesFiscal year ends December 31
Nano Labs Ltd
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 13, 2026
$1.80−0.12 (-6.25%)
Close on Oct 19, 2026
Nano Labs statistics
Financials through Dec 31, 2025, price-based ratios appear once a share price is available, median of Semiconductors & Related Devices companies for comparison
Income (trailing twelve months)
| Measure | Nano Labs | Industry median |
|---|---|---|
| Revenue | CN¥27.01M | CN¥208.62M |
| Gross Profit | -CN¥39.79M | CN¥15.44M |
| Operating Income | CN¥71.39M | -CN¥40.06M |
| Pretax Income | CN¥125.95M | -CN¥52.37M |
| Net Income | CN¥135.47M | -CN¥47.53M |
| EBITDA | CN¥82.36M | -CN¥36.27M |
| EPS (Diluted) | 6.82 CNY | -0.39 CNY |
Margins
| Measure | Nano Labs | Industry median |
|---|---|---|
| Gross Margin | -147.3% | 4.69% |
| Operating Margin | 264.4% | -12.4% |
| Pretax Margin | 466.4% | -14.1% |
| Profit Margin | 501.6% | -14.2% |
| EBITDA Margin | 304.9% | -11.0% |
| FCF Margin | -401.1% | -59.4% |
Returns
| Measure | Nano Labs | Industry median |
|---|---|---|
| Return on Equity (ROE) | 27.7% | -24.4% |
| Return on Assets (ROA) | 15.6% | -4.51% |
| Return on Invested Capital (ROIC) | 8.50% | -16.6% |
| Return on Capital Employed (ROCE) | 7.82% | -12.1% |
Growth
| Measure | Nano Labs | Industry median |
|---|---|---|
| Revenue Growth (YoY) | -33.5% | -21.7% |
| Revenue Growth (3Y CAGR) | -69.8% | 5.25% |
| Revenue Growth (5Y CAGR) | 66.2% | 22.8% |
| EPS Growth (3Y CAGR) | 5.31% |
Balance sheet
| Measure | Nano Labs | Industry median |
|---|---|---|
| Cash & Short-Term Investments | CN¥34.72M | CN¥375.51M |
| Total Debt | CN¥220.79M | CN¥116.73M |
| Net Cash (Debt) | -CN¥186.08M | CN¥341.39M |
| Net Cash Per Share | -7.92 CNY | 5.01 CNY |
| Equity (Book Value) | CN¥748.29M | CN¥862.42M |
| Book Value Per Share | 31.85 CNY | 53.47 CNY |
| Tangible Book Value | CN¥702.53M | CN¥833.56M |
| Working Capital | CN¥224.86M | CN¥392.59M |
Financial position
| Measure | Nano Labs | Industry median |
|---|---|---|
| Current Ratio | 2.09 | 1.95 |
| Quick Ratio | 0.17 | 0.72 |
| Debt / Equity | 0.30 | 0.30 |
| Debt / EBITDA | 2.68 | |
| Net Debt / EBITDA | 2.26 | |
| Interest Coverage | 4.21 |
Cash flow (trailing twelve months)
| Measure | Nano Labs | Industry median |
|---|---|---|
| Operating Cash Flow | -CN¥108.27M | -CN¥81.41M |
| Capital Expenditures | -CN¥46.28K | -CN¥2.61M |
| Free Cash Flow | -CN¥108.32M | -CN¥102.98M |
| FCF Per Share | -4.61 CNY | -7.33 CNY |
Efficiency
| Measure | Nano Labs | Industry median |
|---|---|---|
| Asset Turnover | 0.03 | 0.37 |
| Inventory Turnover | 3.07 | 3.91 |
| Revenue Per Employee | CN¥403.09K | CN¥2.49M |
| Profits Per Employee | CN¥2.02M | -CN¥540.14K |
| Employee Count | 67 | 78 |
Shares
| Measure | Nano Labs | Industry median |
|---|---|---|
| Shares Outstanding | 23,496,800 | 72,460,400 |
| Shares Change (YoY) | 146.7% | 31.0% |
| Float | 13,524,100 | |
| Shares Held by Insiders | 42.4% |
Scores
| Measure | Nano Labs | Industry median |
|---|---|---|
| Graham Number | 69.91 CNY | |
| Piotroski F-Score | 4 | 3 |
| Beneish M-Score | -1.64 |
Calculated by StockData from Nano Labs's SEC filings. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.