Nano Labs Ltd (NA) stock

NANasdaqSemiconductors & Related DevicesFiscal year ends December 31

Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 13, 2026Score 5/30

$1.46+0.08 (+5.63%)

Close on Nov 13, 2026Market cap $17.13MP/E 0.7Yield –

Nano Labs statistics

87 measures from SEC filings and the closing price. Hover a name for the formula; the last column is the median of companies in the same industry group.

Important dates

Next earnings: –
Last ex-dividend date: No dividends
Fundamentals through: Jun 30, 2026
Share price as of: –

Valuation ratiosIndustry

Market Cap: CN¥114.33M; CN¥348.99M
Enterprise Value: CN¥292.71M; CN¥207.62M
PE Ratio: 0.71; –
PS Ratio: 4.23; 1.44
PB Ratio: 0.29; 0.41
P/TBV Ratio: 0.32; 0.41

Enterprise valuationIndustry

EV / Sales: 10.84; 0.40
EV / EBITDA: 3.55; –
EV / EBIT: 4.10; –

Share statisticsIndustry

Shares Outstanding: 23M; 72M
Shares Change (YoY): 146.7%; 31.0%
Float: 14M; 38M
Shares Held by Insiders: 42.4%; 42.0%

Short sellingIndustry

Short Interest: 1M; –
Short Interest Change: -0.28%; -6.05%
Days to Cover: 40.41; 2.71

Stock price statisticsIndustry

Price Change (1 Week): 6.40%; 0.54%
Price Change (1 Month): -21.6%; -7.96%
Price Change (3 Months): -24.5%; -34.0%
Price Change (6 Months): -42.2%; -34.7%
Price Change (YTD): -53.7%; -58.7%
Price Change (1 Year): -67.0%; -66.3%
Price Change (3 Years): -90.9%; -86.0%
Average Volume (10 Days): 24,930; –
Average Volume (20 Days): 24,023; –
Average Volume (90 Days): 188,988; –
Relative Volume: 0.08; 0.19
Relative Strength Index (14): 38.0; 42.7
Volatility (1 Year): 88.0%; 106.4%
Beta (5 Years): 0.98; 1.09

MarginsIndustry

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 on capitalIndustry

Return on Equity (ROE): 26.5%; -24.4%
Return on Assets (ROA): 12.2%; -5.51%
Return on Invested Capital (ROIC): 10.7%; -11.9%
Return on Capital Employed (ROCE): 12.7%; -13.1%

Financial positionIndustry

Current Ratio: 1.20; 1.61
Quick Ratio: 0.08; 0.72
Debt / Equity: 0.51; 0.48
Debt / EBITDA: 2.50; –
Net Debt / EBITDA: 2.34; –
Interest Coverage: 4.21; –

GrowthIndustry

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%; –

EfficiencyIndustry

Asset Turnover: 0.02; 0.39
Inventory Turnover: 3.33; 5.40
Revenue Per Employee: CN¥403.09K; CN¥2.49M
Profits Per Employee: CN¥2.02M; -CN¥540.14K
Employee Count: 67; 78
WACC: 7.75%; 9.96%

Income statement (TTM)Industry

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

Balance sheetIndustry

Cash & Short-Term Investments: CN¥12.68M; CN¥361.47M
Total Debt: CN¥205.63M; CN¥114.15M
Net Cash (Debt): -CN¥192.95M; CN¥327.35M
Net Cash Per Share: -8.21 CNY; 2.65 CNY
Equity (Book Value): CN¥400.17M; CN¥614.57M
Book Value Per Share: 17.03 CNY; 35.77 CNY
Tangible Book Value: CN¥354.91M; CN¥586.57M
Working Capital: CN¥34.19M; CN¥318.38M

Cash flow (TTM)Industry

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

Dividends and yieldsIndustry

Earnings Yield: 118.5%; -42.8%
FCF Yield: -94.7%; -68.0%
Buyback Yield: -310.8%; -27.7%
Shareholder Yield: -310.8%; -27.7%

Taxes and interestIndustry

Interest Expense: CN¥16.94M; –

Scores and fair valueIndustry

Graham Number: 51.12 CNY; –
Graham Upside: 950.6%; –
Altman Z-Score: -0.80; -0.05
Piotroski F-Score: 4; 3
Beneish M-Score: -1.64; –
Lynch Fair Value: 36.19 CNY; –
Lynch Upside: 643.8%; –

Total return vs. the S&P 500

Price change plus reinvested dividends, to the close on Nov 13, 2026. The S&P 500 is measured by the SPY fund.

Period	NA	S&P 500	Difference	NA per year	S&P 500 per year
1 month	-21.2%	-3.0%	−18.2 pts
3 months	-20.6%	-2.8%	−17.8 pts
Year to date	-53.7%	+11.5%	−65.2 pts
1 year	-65.5%	+13.5%	−79.0 pts
3 years	-90.0%	+77.7%	−167.7 pts	-53.6%	+21.1%

Short interest

Shares sold short and not yet covered, reported by brokers to FINRA twice a month. Latest settlement date Oct 30, 2026.

1M NA shares were sold short on Oct 30, 2026, down 0.3% from the previous report. At recent volumes it would take 40.4 days to buy them back. Over the last 20 sessions, 15.9% of the volume reported to FINRA was short selling.

Settlement date	Shares short	Change	Avg. daily volume	Days to cover
Oct 30, 2026	1,103,208	-0.3%	27,302	40.4
Oct 15, 2026	1,106,321	-1.0%	27,834	39.8
Sep 30, 2026	1,117,810	-0.6%	43,808	25.5
Sep 15, 2026	1,124,467	-17.0%	92,784	12.1
Aug 31, 2026	1,354,862	+26.1%	1,168,320	1.2
Aug 14, 2026	1,074,798	-0.1%	14,411	74.6
Jul 31, 2026	1,075,697	-1.6%	22,433	48.0
Jul 15, 2026	1,093,693	+0.0%	35,468	30.8
Jun 30, 2026	1,093,170	+4.2%	66,623	16.4
Jun 15, 2026	1,049,144	+13.2%	233,853	4.5
May 29, 2026	926,590	+0.9%	92,718	10.0
May 15, 2026	918,360	+32.1%	327,265	2.8