profit from every $100 of sales.
$0$100
Nano Labs
$1.46+5.63% today
-65.5% in 1 year
1-year low $1.361-year high $5.05
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
It has no yearly profit to compare the price with.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Nano Labs sold, what it kept, and what it did with the cash.
Sales went from CN¥983 million in 2022 to CN¥27.0 million in 2025, with CN¥135 million of profit last year.
SalesProfit
Nano Labs vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Nano Labs | No profit yet | ||
 Nvidia | 32.8× · Expensive | ||
 TSMC | 40.0× · Expensive | ||
 Broadcom | 71.6× · Very expensive | ||
 Micron Technology | 10.4× · Cheap |
AI analysis
An AI analyst reads Nano Labs's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of CNY | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 983 | 78 | 41 | 27 | |
| 230 | -103 | 12 | -40 | |
| 21 | -261 | -99 | -107 | |
| 41 | -244 | -101 | 155 | |
| 31 | -253 | -113 | 135 | |
| 5.84 | -42.94 | -14.06 | 6.82 | |
| 23.4% | -132.1% | 28.6% | -147.3% | |
| 2.1% | -332.9% | -242.7% | -396.8% | |
| 3.2% | -322.7% | -278.8% | 501.6% |
Balance sheet
| In millions of CNY | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 367 | 350 | 616 | 1,120 |
| Cash | 88 | 48 | 32 | 9 |
| Total debt | 24 | 151 | 199 | 236 |
| Total liabilities | 203 | 367 | 383 | 379 |
| 164 | -15 | 231 | 748 | |
| 5 | 6 | 8 | 20 | |
| 13.1% | -147.6% | -20.7% | 11.5% | |
| 18.9% | 1,716.0% | -49.0% | 18.1% |
Cash flow
| In millions of CNY | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -275 | -133 | -139 | -108 | |
| 67 | 105 | 36 | 0 | |
| -342 | -239 | -176 | -108 | |
| Dividends paid | – | – | – | – |
| – | 0 | 0 | 2 | |
| 9 | 1 | 0 | 0 |
Valuation
- –
- –
- –
- 0.3×
- –
- –
- –
- –
- –
- 0.0%
Profitability
- -147.3%
- -396.8%
- 501.6%
- -269.9%
- 11.8%
- -36.9%
- -6.3%
- -3.1%
- -6.3%
- 84.9%
Growth
- −69.8%
- +5.3%
- +38.4%
- –
- +55.0%
Financial health
- 1.5×
- 0.31
- 21.0%
- 8.4×
- 2.09
- 2.03
- 0.01
How it ranks in Technology
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 32%of 964
Bottom 1%of 977
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Aug 15, 2025 | -0.03 | – | – |
| Sep 18, 2024 | -0.06 | – | – |
| Aug 21, 2024 | -0.06 | – | – |
| Mar 18, 2024 | -0.68 | – | – |
| Dec 28, 2023 | 0.07 | – | – |
| Aug 15, 2023 | -0.18 | – | – |
| Mar 14, 2023 | -6.60 | – | – |
| Nov 17, 2022 | 1.40 | – | – |
News
Aptiv Accelerating Production-Ready Physical AI with Support for NVIDIA Jetson Orin Nano 2Yahoo Finance · Aug 25, 2026Nvidia unveils new robotics computer Jetson Orin Nano 2Seeking Alpha · Aug 25, 2026The newest story we have is from Aug 25, 2026.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
33No pass
Benjamin Graham
71Pass
Philip Fisher
26No pass
Peter Lynch
38No pass
Joel Greenblatt
17No pass
Charlie Munger
21No pass
Terry Smith
16No pass
Questions about Nano Labs
Is Nano Labs a good stock to buy?
A strong, very profitable business that is not profitable yet. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Nano Labs AI analysis
What does Nano Labs do?
Nano Labs Ltd engages in the design and sale of fabless integrated circuit and product solutions in the People's Republic of China, Hong Kong, Singapore, the United States, and internationally. The company develops HTC chips and HPC chips. It is in Semiconductors.
Does Nano Labs pay a dividend?
No. Nano Labs does not pay a dividend at the moment; in 2025 it returned $1.67 million to shareholders by buying back its own shares.
Is Nano Labs stock halal?
No. Nano Labs does not pass our halal screen: its debt is 104% of its market value, at or above the 33% limit. How we check
How has Nano Labs stock done over the past year?
Down 65.5% over the past twelve months, to $1.46. It traded between $1.36 and $5.05 and is 71.1% below its high.
Who are Nano Labs's competitors?
The largest listed companies in the same industry are Nvidia, TSMC, Broadcom and Micron Technology. The peers table on this page compares their profit, growth and price with Nano Labs's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.