Stocktoria
Nano Labs Ltd NA
Nasdaq · XNAS · stock · Semiconductors & Related Devices · website · IPO 2022-07-06
Chart by TradingView
4/9
Piotroski F — financial health
2.57
Altman Z″ — distress risk · grey
—
Dividend payout · no dividend
Financials & ratios (annual, from 10-K)
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Financials | |||||
| Revenue | $3.8M | $5.6M | $11.1M | $983.2M | $39.4M |
| Gross profit | -$5.7M | $1.6M | -$14.6M | $33.0M | -$4.1M |
| Operating income | $10.2M | -$13.7M | -$36.8M | $3.0M | -$178.8M |
| Net income | $19.3M | -$15.7M | -$35.7M | $4.5M | -$174.9M |
| Operating cash flow | -$15.4M | -$19.4M | -$18.8M | -$39.5M | $71.7M |
| Free cash flow | -$15.4M | -$24.4M | -$33.7M | -$42.0M | $63.0M |
| Total assets | $159.3M | $85.7M | $49.5M | $52.7M | $909.8M |
| Total liabilities | $53.9M | $53.3M | $51.8M | $29.1M | $934.5M |
| Shareholders' equity | $106.5M | $32.1M | -$2.1M | $23.6M | -$24.7M |
| Ratios | |||||
| Gross margin | -147.3% | 28.6% | -132.1% | 3.4% | -10.4% |
| Operating margin | 264.4% | -242.7% | -332.9% | 0.3% | -453.3% |
| Net margin | 501.6% | -278.8% | -322.7% | 0.5% | -443.6% |
| FCF margin | -401.1% | -432.8% | -305.0% | -4.3% | 159.8% |
| Return on assets | 12.1% | -18.4% | -72.2% | 8.5% | -19.2% |
| Return on equity | 18.1% | -49.0% | 1716.0% | 18.9% | 709.4% |
| Debt / equity | 0.23× | 0.74× | -8.16× | 0.71× | — |
| Current ratio | 2.09 | 1.75 | 0.52 | 1.57 | 0.96 |
| Revenue growth | -32.0% | -48.9% | -98.9% | 2392.8% | — |
Why these scores methodology →
Piotroski F-score: 4/9
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″: 2.57 (grey)
- Working capital / assets 0.201
- Retained earnings / assets -0.384
- EBIT / assets 0.064
- Equity / liabilities 1.976
Sector peers
VFS · TM · HMC · SONY · AAPL · XOM · all Manufacturing →
Source: SEC EDGAR filings · CIK 0001872302 · as of 2025-12-31. Figures are facts from filings plus Stocktoria's own computed scores — not investment advice.