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Nano Labs Ltd

NA · XNAS

CIK 1872302fmd_0M0V51477Z14MHJTJ98HWFRCJBManufacturing · Semiconductors & Related DevicesTemplate: Standard

Coverage: Jan 01, 2020 to Dec 31, 2025, 10 periods

Latest annual · FY2025

Millions
Total revenues
27
Gross profit
(40)
Operating income
71
Net income
135
Free cash flow
(108)

Daily close · NAIEX trades only

Nov 11, 2026 to Nov 11, 2026 · 1 sessions

1.37 USD

1.201.301.401.501.60Nov 11, 2026Vol

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Open Financials

Key stats

Open Analysis

Compound annual growth

Revenue, 3 yearsFY2022 to FY2025
-69.8%
Revenue, 5 yearsFY2020 to FY2025
+66.2%
Net income, 5 yearsFY2020 to FY2025
n/m

Nano Labs Ltd (NA) financials: quick answers

Annual figures as filed with the SEC. Each number links to the filing it came from and to its proof.

MetricFY2025FY2024ChangeSource
RevenueCN¥27 millionCN¥40.6 million-33.5%20-F 2026-04-13 · proof
Gross profit-CN¥39.8 millionCN¥11.6 million-443%20-F 2026-04-13 · proof
Operating incomeCN¥71.4 million-CN¥114.3 million20-F 2026-04-13 · proof
Net incomeCN¥135.5 million-CN¥113.2 million20-F 2026-04-13 · proof
Cash from operating activities-CN¥108.3 million-CN¥139.3 million20-F 2026-04-13 · proof
Free cash flow-CN¥108.3 million-CN¥175.7 million20-F 2026-04-13 · proof
Total assetsCN¥1.1 billionCN¥615.9 million+81.8%20-F 2026-04-13 · proof
Total liabilitiesCN¥378.6 millionCN¥383 million-1.2%20-F 2026-04-13 · proof
Cash and cash equivalentsCN¥8.5 millionCN¥32.4 million-73.8%20-F 2026-04-13 · proof
Total debtCN¥220.8 millionCN¥194 million+13.8%20-F 2026-04-13 · proof
What was Nano Labs Ltd (NA)'s revenue in fiscal 2025?
Nano Labs Ltd (NA) reported revenue of CN¥27 million for fiscal 2025 (the year ended Dec 31, 2025), against CN¥40.6 million the year before (-33.5%). Source: the 20-F filed with the SEC on Apr 13, 2026. SEC
What was Nano Labs Ltd (NA)'s gross profit in fiscal 2025?
Nano Labs Ltd (NA) reported gross profit of -CN¥39.8 million for fiscal 2025 (the year ended Dec 31, 2025), against CN¥11.6 million the year before (-443%). Source: the 20-F filed with the SEC on Apr 13, 2026. SEC
What was Nano Labs Ltd (NA)'s operating income in fiscal 2025?
Nano Labs Ltd (NA) reported operating income of CN¥71.4 million for fiscal 2025 (the year ended Dec 31, 2025), against -CN¥114.3 million the year before. Source: the 20-F filed with the SEC on Apr 13, 2026. SEC
What was Nano Labs Ltd (NA)'s net income in fiscal 2025?
Nano Labs Ltd (NA) reported net income of CN¥135.5 million for fiscal 2025 (the year ended Dec 31, 2025), against -CN¥113.2 million the year before. Source: the 20-F filed with the SEC on Apr 13, 2026. SEC
What was Nano Labs Ltd (NA)'s cash from operating activities in fiscal 2025?
Nano Labs Ltd (NA) reported cash from operating activities of -CN¥108.3 million for fiscal 2025 (the year ended Dec 31, 2025), against -CN¥139.3 million the year before. Source: the 20-F filed with the SEC on Apr 13, 2026. SEC
What was Nano Labs Ltd (NA)'s free cash flow in fiscal 2025?
Nano Labs Ltd (NA) reported free cash flow of -CN¥108.3 million for fiscal 2025 (the year ended Dec 31, 2025), against -CN¥175.7 million the year before. Source: the 20-F filed with the SEC on Apr 13, 2026. SEC
What are Nano Labs Ltd (NA)'s total assets?
As of Dec 31, 2025, Nano Labs Ltd (NA) reported total assets of CN¥1.1 billion, against CN¥615.9 million a year earlier (+81.8%). Source: the 20-F filed with the SEC on Apr 13, 2026. SEC
What are Nano Labs Ltd (NA)'s total liabilities?
As of Dec 31, 2025, Nano Labs Ltd (NA) reported total liabilities of CN¥378.6 million, against CN¥383 million a year earlier (-1.2%). Source: the 20-F filed with the SEC on Apr 13, 2026. SEC
What are Nano Labs Ltd (NA)'s cash and cash equivalents?
As of Dec 31, 2025, Nano Labs Ltd (NA) reported cash and cash equivalents of CN¥8.5 million, against CN¥32.4 million a year earlier (-73.8%). Source: the 20-F filed with the SEC on Apr 13, 2026. SEC
What is Nano Labs Ltd (NA)'s total debt?
As of Dec 31, 2025, Nano Labs Ltd (NA) reported total debt of CN¥220.8 million, against CN¥194 million a year earlier (+13.8%). Source: the 20-F filed with the SEC on Apr 13, 2026. SEC

Read from the FinancialMD API on Nov 13, 2026. Values change only when a new filing is made; see the Financials tab for every period and as-of replay.

The same numbers for an agent, with proof on every value:

curl "https://api.financial.md/v1/company/financials/income_statement/standardized?company=ticker:NA&period_type=annual&limit=5"

Information only, not investment advice.