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Nano Labs Ltd (NA) 10-Year Financial Performance & Capital Metrics

NA •
TechnologySemiconductorsCompute Processors and AI Accelerators
AboutNano Labs Ltd operates as a fabless integrated circuit design company and product solution provider in the People's Republic of China and internationally. The company develops high throughput computing and high-performance computing chips. It also offers distributed computing and storage solutions, smart network interface cards, and vision computing chips, as well as distributed rendering technology. In addition, the company engages in the research and development of software. Its customers include enterprises and individual buyers. The company was incorporated in 2019 and is headquartered in Hangzhou, the People's Republic of China.Show more
  • Revenue $41M -48.2%
  • EBITDA -$87M +65.3%
  • Net Income -$113M +55.2%
  • EPS (Diluted) -1.67 +61.1%
  • Gross Margin 28.58% +121.6%
  • EBITDA Margin -214.01% +33.1%
  • Operating Margin -242.66% +27.1%
  • Net Margin -278.81% +13.6%
  • ROE -104.49% +69.4%
  • ROIC -30.42% +85.5%
  • Debt/Equity 0.85
  • Interest Coverage -14.25 +95.0%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓High quality earnings: Operating CF exceeds net income

✗Weaknesses

  • ✗Negative free cash flow
  • ✗Weak momentum: RS Rating 13 (bottom 13%)
  • ✗Shares diluted 14.9% in last year
  • ✗Trading more than 30% below 52-week high
  • ✗Low asset turnover indicates capital-intensive operations

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y-
3Y0.97%
TTM-52.49%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM64.46%

EPS CAGR

10Y-
5Y-
3Y-
TTM-130.94%

ROCE

10Y Avg-63.89%
5Y Avg-63.89%
3Y Avg-63.89%
Latest-38.31%

Peer Comparison

Compute Processors and AI Accelerators
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Size & Scale
Valuation
Per Share
Growth
Profitability
Quality & Returns
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TTM Growth
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Latest Quarter
Momentum & Returns
Total Return (DRIP)
Technical
Volume & Trading
Shares & Dilution
Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
AMDAdvanced Micro Devices, Inc.326.34B200.2175.5534.34%12.51%6.88%2.06%0.07
NVDANVIDIA Corporation4.31T177.1936.1665.47%55.6%76.33%2.24%0.07
ICGIntchains Group Limited80.63M1.265.03242.68%6.51%1.97%0.00
AMBQAmbiq Micro, Inc.559.92M30.70-9.8116.07%-52.14%-54.75%0.01
NANano Labs Ltd8.43M2.95-12.12-48.18%-261.01%-10.18%0.85
AMBAAmbarella, Inc.2.6B60.34-21.2525.78%-21.31%-13.5%0.9%0.01
BZAIBlaize Holdings, Inc.144.01M1.18-29.14-59.7%-11.52%-117.32%0.06
INTCIntel Corporation227.78B45.61-558.26-0.07%-0.03%0.37

Compare NA vs Peers

Analyze head-to-head performance against top industry competitors across valuation, growth, and profitability metrics.

vs NVDA

Compare head-to-head with NVIDIA Corporation

vs AMD

Compare head-to-head with Advanced Micro Devices, Inc.

Compare Top 5

vs NVDA, AMD, INTC, AMBA

Profit & Loss

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+02.13M39.44M983.17M78.34M40.6M
Revenue Growth %--1754.58%2392.77%-92.03%-48.18%
Cost of Goods Sold+01.27M43.53M753M181.78M28.99M
COGS % of Revenue-59.74%110.37%76.59%232.06%71.42%
Gross Profit+0856.13K-4.09M230.16M-103.45M11.6M
Gross Margin %-40.26%-10.37%23.41%-132.06%28.58%
Gross Profit Growth %---577.71%5727.76%-144.95%111.22%
Operating Expenses+10.93M37.77M174.7M209.48M157.34M110.11M
OpEx % of Revenue-1776.11%442.93%21.31%200.85%271.24%
Selling, General & Admin828.96K3.3M29.24M77.63M68.73M59.97M
SG&A % of Revenue-154.96%74.14%7.9%87.74%147.72%
Research & Development10.14M34.48M145.46M131.85M88.6M50.15M
R&D % of Revenue-1621.14%368.79%13.41%113.11%123.52%
Other Operating Expenses-38.32K00000
Operating Income+-10.97M-36.92M-178.79M20.68M-260.79M-98.51M
Operating Margin %--1735.85%-453.3%2.1%-332.91%-242.66%
Operating Income Growth %--236.42%-384.31%111.57%-1360.79%62.22%
EBITDA+-10.87M-36.29M-173.26M24.61M-250.61M-86.88M
EBITDA Margin %--1706.56%-439.28%2.5%-319.92%-214.01%
EBITDA Growth %--233.97%-377.38%114.21%-1118.23%65.33%
D&A (Non-Cash Add-back)106.05K622.87K5.53M3.93M10.18M11.63M
EBIT-10.97M-37.7M-174.43M204.76M-253.45M-112.63M
Net Interest Income+94.57K14.17K2.99M2.01M-430.96K-7.8M
Interest Income94.57K17.91K3.5M2.01M489.1K504.35K
Interest Expense03.75K509.76K0920.05K6.91M
Other Income/Expense-56.25K-785.83K3.84M10.43M6.42M-21.03M
Pretax Income+-11.03M-37.7M-174.94M31.12M-254.37M-119.54M
Pretax Margin %--1772.8%-443.56%3.17%-324.72%-294.46%
Income Tax+1.59K2.29K00-17.39K0
Effective Tax Rate %100.01%100.01%100%100%99.39%94.69%
Net Income+-11.03M-37.7M-174.94M31.12M-252.82M-113.19M
Net Margin %--1772.91%-443.56%3.17%-322.75%-278.81%
Net Income Growth %--241.8%-363.99%117.79%-912.44%55.23%
Net Income (Continuing)-11.03M-37.7M-174.94M31.12M-254.35M-119.54M
Discontinued Operations000000
Minority Interest0000-1.53M2.12M
EPS (Diluted)+-0.28-0.73-3.395.84-4.29-1.67
EPS Growth %--160.71%-364.38%272.27%-173.46%61.07%
EPS (Basic)-0.28-0.73-3.405.84-4.29-1.68
Diluted Shares Outstanding39.62M51.95M51.95M53.66M58.89M67.67M
Basic Shares Outstanding39.62M51.9M51.9M53.24M58.89M67.33M
Dividend Payout Ratio------

Balance Sheet

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+20.5M59.01M893.43M288.65M125.49M366.64M
Cash & Short-Term Investments10.68M35.73M265.74M91.25M50.53M275.32M
Cash Only10.64M35.33M233.85M87.81M48.16M32.43M
Short-Term Investments34.27K400.18K31.89M3.43M2.36M242.89M
Accounts Receivable01.17M33.08M23.73M1.74M51.4M
Days Sales Outstanding-200.07306.118.818.1462.17
Inventory07.24M213.87M102.2M12.87M29.87M
Days Inventory Outstanding-2.08K1.79K49.5425.85375.99
Other Current Assets9.83M6.14M380.74M-3.28M33.6M3.24M
Total Non-Current Assets+1.37M2.48M16.4M78.59M224.81M249.29M
Property, Plant & Equipment557.01K1.84M16.4M29.87M177.08M202.55M
Fixed Asset Turnover-1.16x2.40x32.91x0.44x0.20x
Goodwill000-48.67B00
Intangible Assets265.58K99.3K048.72B47.73M46.75M
Long-Term Investments000000
Other Non-Current Assets550K550K0000
Total Assets+21.88M61.49M909.83M367.24M350.3M615.93M
Asset Turnover-0.03x0.04x2.68x0.22x0.07x
Asset Growth %-181.11%1379.56%-59.64%-4.61%75.83%
Total Current Liabilities+32.79M109.74M932.37M183.64M242.57M209.42M
Accounts Payable509.53K5.62M2.84M15.29M16.88M18.1M
Days Payables Outstanding-1.61K23.797.4133.88227.88
Short-Term Debt6.99M5M0280K23.41M23.35M
Deferred Revenue (Current)065.4M917.39M124.47M098.9M
Other Current Liabilities20.45M33.25M325.95K30.86M191.79M20.47M
Current Ratio0.63x0.54x0.96x1.57x0.52x1.75x
Quick Ratio0.63x0.47x0.73x1.02x0.46x1.61x
Cash Conversion Cycle-665.932.08K50.940.07610.28
Total Non-Current Liabilities+112.97K276.65K2.12M19.19M123.99M173.6M
Long-Term Debt00016.67M120.26M170.68M
Capital Lease Obligations112.97K276.65K2.12M2.51M3.73M2.92M
Deferred Tax Liabilities000000
Other Non-Current Liabilities000000
Total Liabilities32.91M110.01M934.49M202.83M366.56M383.03M
Total Debt+7.23M5.74M7.35M23.67M150.88M198.87M
Net Debt-3.41M-29.59M-226.51M-64.14M102.72M166.43M
Debt / Equity---0.14x-0.85x
Debt / EBITDA---0.96x--
Net Debt / EBITDA----2.61x--
Interest Coverage--9852.14x-350.72x--283.45x-14.25x
Total Equity+-11.03M-48.52M-24.66M164.41M-16.26M232.91M
Equity Growth %--339.85%49.17%766.68%-109.89%1532.28%
Book Value per Share-0.28-0.93-0.473.06-0.283.44
Total Shareholders' Equity-11.03M-48.52M-24.66M164.41M-14.73M230.79M
Common Stock51.13K51.13K66.97K72.32K87K213.74K
Retained Earnings-11.03M-48.74M-223.68M-199.21M-452.03M-565.22M
Treasury Stock000000
Accumulated OCI-51.13K0-2.47M8.75M2.25M15.29M
Minority Interest0000-1.53M2.12M

Cash Flow

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+8.57M-3.03M71.73M-274.94M-133.47M-139.33M
Operating CF Margin %--142.38%181.87%-27.96%-170.39%-343.21%
Operating CF Growth %--135.32%2469.06%-483.28%51.45%-4.39%
Net Income-11.03M-37.7M-174.94M31.12M-254.35M-119.54M
Depreciation & Amortization131.69K622.87K5.53M9.43M10.18M11.63M
Stock-Based Compensation0214.88K19.34K9.35M718.41K401.52K
Deferred Taxes0-34.05M26.75M000
Other Non-Cash Items25.6M34.05M-12.09K184.07M60.88M26.55M
Working Capital Changes-6.13M33.84M214.39M-508.91M49.1M-58.37M
Change in Receivables0-1.17M1.17M0-1.73M1.18M
Change in Inventory0-7.24M-233.39M-71.45M28.78M-27.88M
Change in Payables0390.15K-2.78M10.59M898.56K1.08M
Cash from Investing+-4.92M-1.65M-36.05M-33.18M-105.48M-256.77M
Capital Expenditures-904.03K-936.78K-8.69M-17.53M-105.48M-36.37M
CapEx % of Revenue-44.05%22.04%1.78%134.66%89.58%
Acquisitions000000
Investments------
Other Investing-4.01M-710K4.94M-49.29M016.95K
Cash from Financing+6.99M29.36M164.9M161M199.52M375.98M
Debt Issued (Net)00-5M16.95M126.72M50.36M
Equity Issued (Net)001000K1000K1000K1000K
Dividends Paid000000
Share Repurchases000000
Other Financing6.99M29.36M-31.3M0010M
Net Change in Cash10.64M24.69M198.52M-145.99M-39.28M-15.73M
Free Cash Flow+7.67M-3.96M63.04M-341.76M-238.96M-175.7M
FCF Margin %--186.43%159.83%-34.76%-305.04%-432.79%
FCF Growth %--151.71%1690.05%-642.14%30.08%26.47%
FCF per Share0.19-0.081.21-6.37-4.06-2.60
FCF Conversion (FCF/Net Income)-0.78x0.08x-0.41x-8.84x0.53x1.23x
Interest Paid000180.62K09.28M
Taxes Paid00276.19K89.17K00

Key Ratios

Metric201920202021202220232024
Return on Equity (ROE)---44.53%-341.3%-104.49%
Return on Invested Capital (ROIC)-----209.49%-30.42%
Gross Margin-40.26%-10.37%23.41%-132.06%28.58%
Net Margin--1772.91%-443.56%3.17%-322.75%-278.81%
Debt / Equity---0.14x-0.85x
Interest Coverage--9852.14x-350.72x--283.45x-14.25x
FCF Conversion-0.78x0.08x-0.41x-8.84x0.53x1.23x
Revenue Growth--1754.58%2392.77%-92.03%-48.18%

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