Saturday 17 October 2026
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Nano Labs Ltd. Sponsored ADR
Nano Labs Ltd. Sponsored ADR’s revenue for fiscal 2025 (year ended December 2025) was $3.8 million, down 32.0% from fiscal 2024. Insiders bought in the last twelve months.
1.92
0.06
+3.23%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | — | — | — | — | — | — | 9.20 | 9.70 | 2.75 | 2.75 |
Analyst estimates 2026–2028 Powerpack |
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| High | — | — | — | — | — | — | 139.50 | 29.70 | 47.50 | 31.48 | |||||
| People | |||||||||||||||
| People | Employees | — | — | — | — | — | 122 | 179 | 157 | 88 | 67 | ||||
| Revenue/emp, $m | — | — | — | — | 0.00 | 0.05 | 0.79 | 0.07 | 0.06 | 0.06 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | — | — | — | — | 0 | 6 | 141 | 11 | 6 | 4 | ||||
| Gross margin, % | — | — | — | — | 40.25 | (10.37) | 23.41 | (132.06) | 28.58 | (147.33) | |||||
| EBT | — | — | — | — | (5) | (27) | 4 | (36) | (17) | 18 | |||||
| EBT margin, % | — | — | — | — | (1,772.90) | (443.56) | 3.17 | (324.72) | (294.46) | 466.36 | |||||
| Net income | — | — | — | — | (5) | (27) | 4 | (36) | (17) | 18 | |||||
| Depreciation | — | — | — | — | 0 | 1 | 1 | 1 | 2 | 2 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | — | — | — | — | 0.01 | 2.75 | 53.03 | 1.88 | 0.70 | 0.19 | ||||
| Earnings | — | — | — | — | — | (12.21) | 1.60 | (6.10) | (1.96) | 0.97 | |||||
| Cash flow | — | — | — | — | (0.02) | 5.01 | (14.83) | (3.20) | (2.41) | (0.78) | |||||
| Capex | — | — | — | — | 0.00 | (0.61) | (3.60) | (2.53) | (0.63) | 0.01 | |||||
| Free cash flow | — | — | — | — | (0.02) | 4.40 | (18.43) | (5.73) | (3.04) | (0.76) | |||||
| Book value | — | — | — | — | (0.26) | (1.72) | 8.87 | (0.39) | 4.02 | 5.31 | |||||
| Shares, m | — | — | — | — | 28 | 2 | 3 | 6 | 8 | 20 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | — | — | — | — | — | — | — | — | — | — | ||||
| P/S | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| P/B | — | — | — | — | 0.00 | 0.00 | 1.39 | 0.00 | 0.77 | 0.08 | |||||
| EV/Sales | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| EV/FCF | — | — | — | — | 0.00 | 0.00 | 0.00 | (0.75) | (0.50) | (0.50) | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | — | 0 | 11 | (39) | (19) | (19) | (15) | ||||
| Capex | — | — | — | — | 0 | (1) | (10) | (15) | (5) | 0 | |||||
| Free cash flow | — | — | — | — | 0 | 10 | (49) | (34) | (24) | (15) | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | — | — | — | — | (8) | (6) | 15 | (17) | 22 | 32 | ||||
| Total debt | — | — | — | — | 1 | 1 | 2 | 20 | 24 | 27 | |||||
| Net debt | — | — | — | — | (5) | (41) | (10) | 13 | 20 | 22 | |||||
| Shareholders’ equity | — | — | — | — | (7) | (4) | 24 | (2) | 32 | 105 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | — | — | — | — | 0.00 | (36.08) | 4.57 | (69.86) | (23.30) | 15.74 | ||||
| ROIC | — | — | — | — | 0.00 | 0.00 | 13.83 | (206.77) | (16.37) | (7.49) | |||||
| ROE | — | — | — | — | 0.00 | 486.20 | 45.27 | (335.00) | (104.61) | 27.97 | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Dec 2022
Charts ten years each
Nano Labs Ltd. Sponsored ADR vs peers in Semiconductors (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| MX Magnachip Semiconductor Corp. | $104.6M | — (loss-making) | — (loss-making) | −6.13% (below 0%: shrinking) | n/m | +84.00% (above 0%: growing) | 19.35% | (22.32%) | Compare |
| IPWR Ideal Power Inc. | $52.8M | — (loss-making) | — (loss-making) | +7.41% (above 0%: growing) | n/m | −1.57% (below 0%: shrinking) | 31.03% | (62,467.24%) | Compare |
| WQEY WISeQey Corp | $41.1M | — (loss-making) | — | +55.93% (above 0%: growing) | n/m | −92.17% (below 0%: shrinking) | 52.94% | 0.00% | Compare |
| NA Nano Labs Ltd. Sponsored ADR | $40.9M | — | — | — | n/m | +46.67% (above 0%: growing) | 100.00% | 100.00% | |
| SQNS Sequans Communications S.A. | $38.6M | — (loss-making) | — (loss-making) | −8.39% (below 0%: shrinking) | n/m | −1,233.27% (below 0%: shrinking) | 32.90% | (96.68%) | Compare |
| ICG Intchains Group Limited Unsponsored ADR | $38.2M | — (loss-making) | — (loss-making) | −38.03% (below 0%: shrinking) | n/m | +49.54% (above 0%: growing) | (137.17%) | (198.09%) | Compare |
| PXLW Pixelworks, Inc. | $33.0M | 0.5× | — (loss-making) | −59.75% (below 0%: shrinking) | n/m | +63.54% (above 0%: growing) | 60.94% | (5,256.25%) | Compare |
| LEDS SemiLEDS Corporation | $16.5M | — (loss-making) | — (loss-making) | −48.59% (below 0%: shrinking) | +500.00% (above 0%: growing) | +455.26% (above 0%: growing) | 27.11% | 15.62% | Compare |
| MOBX Mobix Labs, Inc. | $14.8M | — (loss-making) | — | −66.43% (below 0%: shrinking) | n/m | −40.77% (below 0%: shrinking) | 12.93% | (932.07%) | Compare |
| Median of peers | $38.4M | — | — | −23.21% | — | +23.99% | 29.07% | (147.38%) |
Nano Labs Ltd. Sponsored ADR (NA) key facts
- Concern: Nano Labs Ltd. Sponsored ADR’s revenue for fiscal 2025 (year ended December 2025) was $3.8 million, down 32.0% from fiscal 2024.
- Nano Labs Ltd. Sponsored ADR (NA) is a Semiconductors company in the Technology sector, traded in the US as an ADR.
- Net income was $17.9 million, or $0.97 per share (basic), a net margin of 501.6%.
- As of October 16, 2026, NA traded at $1.92, a market capitalization of $40.9 million.
- Return on equity was 28.0% and debt-to-equity 0.52.
- Its Piotroski F-score is 4 out of 9 and its Altman Z-score is 0.11 (distress zone) for fiscal 2025.