Company Analysis

Nano Labs Ltd (NA)

Nasdaq: NA · Semiconductors & Related Devices · Hangzhou, CN · filing with the SEC since 2021
Grade3.7
◀ Past 3.3● Present 4.4▶ Future 3.2
2 est.

Income statement, as filed

In Chinese yuan (CNY), as filed; per-share figures in Chinese yuan; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020
Report filedApr 13, 2026Apr 11, 2025Apr 8, 2024Apr 18, 2023··
Revenue27,006,74440,595,91678,335,376983,168,89839,440,8972,126,676
Cost of revenue66,797,04128,993,601181,784,576753,004,17943,530,7081,270,544
Gross profit-39,790,29711,602,315-103,449,200230,164,719-4,089,811856,132
Research and development8,057,81650,145,12588,601,470131,851,602145,455,18134,476,484
Sales and marketing4,719,2829,136,20315,332,52324,431,6495,119,072108,567
General and administrative54,605,02550,832,70353,402,10153,197,24824,121,8233,187,033
Total operating expenses-111,183,533125,858,201r157,336,094209,480,499174,696,07637,772,084
Operating income71,393,236-114,255,886r-260,785,29420,684,220-178,785,887-36,915,952
Interest expense16,938,2376,913,314····
Interest and investment income46,804504,348489,0982,005,5803,495,20817,915
Other income (expense), net·2,512,3096,846,8034,021,582855,959-800,000
Total non-operating income (expense)54,554,362-5,283,163r6,415,84610,434,6663,841,403-785,832
Income before income taxes125,947,598-119,539,049-254,369,44831,118,886-174,944,484-37,701,784
Income tax expense··-17,394002,293
Net income including non-controlling interests125,947,598-119,539,049-254,352,05431,118,886-174,944,484-37,704,077
Net income to non-controlling interests-9,518,442-6,352,001-1,528,282···
Net income135,466,040-113,187,048-252,823,77231,118,886-174,944,484-37,704,077
Net income to common shareholders135,466,040-113,187,048-252,823,77231,118,886··
Earnings per share, basic6.82-14.06-42.94r5.84r-38.90rb-9.60b
Earnings per share, diluted6.82-14.06-42.94r5.84r-38.90rb-9.60b
Weighted average shares, basic19,858,1178,049,5925,888,507r5,324,450r4,493,899rb3,962,450b
Weighted average shares, diluted19,862,1618,049,5925,888,507r5,330,761r4,493,899rb3,962,450b
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the 1-for-10 reverse split.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:Revenues
us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
Sales and marketing the cost of finding and serving customersus-gaap:SellingAndMarketingExpense
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpenseNonoperating
Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest
us-gaap:InterestIncomeOther
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton NA · research, not advice