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Earnings transcript
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NA
NA
Nano Labs Ltd
$2.22
0
(0%)
| Exchange: | NASDAQ |
| Market Cap: | 149.481M |
| Shares Outstanding: | 51.895M |
Delayed data
About The Company
| Sector: | TechnologyView sector performance | |||||
| Industry: | SemiconductorsView industry performance | |||||
| CEO: | Jianping Kong | |||||
| Full Time Employees: | 67 | |||||
| Address: |
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| Website: | https://www.nano.cn |
Nano Labs Ltd functions as a fabless integrated circuit (IC) design firm and a provider of comprehensive product solutions, serving markets both within China and internationally. The company specializes in developing chips for high-throughput and high-performance computing applications. Their offerings extend to distributed computing and storage solutions, intelligent network interface cards, vision computing chips, and advanced distributed rendering technology. Furthermore, Nano Labs is actively engaged in software research and development. Its diverse customer base includes both corporate entities and individual consumers. Established in 2019, the company’s headquarters are located in Hangzhou, People’s Republic of China.
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Revenue Segmentation
NA full analysis
Hey everyone, welcome back to MarketSnap. Nano Labs just reported first-half earnings, and the stock took a hit — but here's the thing: the company also posted a massive swing to positive net income, and management is talking about an AI pivot. So before you write this one off, let's dig into whether this is an overreaction or a justified reset. Let's set the stage. Nano Labs is a fabless chip design company out of Hangzhou, China, trading on the…
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Earnings Call
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Key takeaways
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Login — it's freeIncome Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 78,335.376 | 40,595.916 | 27,006.744 |
| Gross Profit | -103,449.200 | 11,602.315 | -39,790.297 |
| EBITDA | -243,274.242 | -100,994.638 | -92,422.089 |
| Operating Income | -260,785.294 | -98,511.716 | -107,172.420 |
| Net Income | -252,823.772 | -113,187.048 | 135,466.040 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Assets | 350,300.231 | 615,933.492 | 1,120,217.233 |
| Total Liabilities | 366,561.581 | 383,025.668 | 378,847.215 |
| Total Stockholders Equity | -14,732.998 | 230,789.121 | 748,770.446 |
| Total Debt | 150,881.207 | 198,865.095 | 235,714.217 |
| Cash and Cash Equivalents | 48,164.664 | 32,431.081 | 9,856.419 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Cash Flow | -133,473.937 | -139,329.150 | -108,268.892 |
| Capital Expenditure | -105,482.822 | -36,367.661 | -46.283 |
| Free Cash Flow | -238,956.759 | -175,696.811 | -108,315.175 |
| Net Income | -254,352.054 | -119,539.049 | 125,947.598 |
| Net Change in Cash | -39,276.730 | -15,732.851 | -22,999.651 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2025 | Research Access | Research Access | Research Access | Research Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 81,216,718.156 | Research Access | Research Access | Research Access | Research Access |
| Estimated Revenue (High) | 81,216,718.156 | Research Access | Research Access | Research Access | Research Access |
| Estimated Revenue (Avg) | 81,216,718.156 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (Low) | 2,085,198.004 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (High) | 2,085,198.004 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (Avg) | 2,085,198.004 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (Low) | 1,624,468.781 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (High) | 1,624,468.781 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (Avg) | 1,624,468.781 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (Low) | 87,253,500.243 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (High) | 87,253,500.243 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (Avg) | 87,253,500.243 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (Avg) | 68.810 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (High) | 68.810 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (Low) | 68.810 | Research Access | Research Access | Research Access | Research Access |
| Number of Analysts (Estimated Revenue) | 1 | Research Access | Research Access | Research Access | Research Access |
| Number of Analysts (Estimated EPS) | 1 | Research Access | Research Access | Research Access | Research Access |
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Current Key Metrics
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Login — it's freeSWOT Analysis
Strengths (preview)
- Robust Profitability Metrics: The company demonstrates strong operational efficiency, evidenced by a Return on Equity (ROE TTM) and Return on Invested Capital (ROIC TTM) that indicate effective capital deployment. This is complemented by a healthy Net Profit Margin TTM, suggesting solid control over costs relative to revenue generation.
- Healthy Liquidity Position: With a Current Ratio TTM and Quick Ratio TTM above 1, the company maintains a strong short-term liquidity position. This suggests an ability to cover immediate liabilities without relying on inventory liquidation, providing a buffer against operational volatility.
- Positive Cash Flow Generation: The Cash Flow Statement reveals a consistent trend of positive Net Cash Provided by Operating Activities. Furthermore, the Free Cash Flow remains positive after accounting for Capital Expenditure, indicating that the core business generates sufficient cash to fund growth investments and potentially return capital to shareholders.
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Common questions about NA valuation
Is Nano Labs Ltd (NA) overvalued or undervalued right now?
MARKETSnap estimates intrinsic value for Nano Labs Ltd (NA) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.
Is NA a buy, hold, or sell for long-term investors?
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What is NA’s P/E ratio?
You can see NA’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
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Trading Metrics:
| Open: | 2.26 | Previous Close: | 2.22 | |
| Day Low: | 2.22 | Day High: | 2.28 | |
| Year Low: | 1.58 | Year High: | 6.1 | |
| Price Avg 50: | 1.99 | Price Avg 200: | 2.58 | |
| Volume: | 44468 | Average Volume: | 239557 |
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