Stocktoria
Nano Labs Ltd NA
Nano Labs Ltd (NA) earns a Piotroski F-score of 4/9 (mixed financial health), with an Altman Z″ in the grey zone. It does not currently pay a dividend. FY2025 revenue was $3.8M at a 501.6% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -0.72 — elevated (above the −1.78 line — aggressive-accounting signals worth a closer look) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
How it ranks in Manufacturing · percentile among 1957 companies
Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 4/9 tests passed
- 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″ components · grey zone
| Component | Value |
|---|---|
| Working capital / assets | 0.201 |
| Retained earnings / assets | -0.384 |
| EBIT / assets | 0.064 |
| Equity / liabilities | 1.976 |
Sector peers · similar-size Manufacturing companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| NA | Nano Labs Ltd | 4/9 | 2.57 | — | — |
| ALMU | Aeluma, Inc. | 4/9 | 14.55 | — | — |
| GCTS | GCT Semiconductor Holding, Inc. | 1/9 | — | — | — |
| ASTI | Ascent Solar Technologies, Inc. | 3/9 | — | — | — |
| ATOM | Atomera Inc | 2/9 | — | — | — |
| IPWR | Ideal Power Inc. | 1/9 | — | — | — |
| MOBX | MOBIX LABS, INC | 5/9 | — | — | — |
About Nano Labs Ltd
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 offers Cuckoo 1.0, Cuckoo 2.0, and Cuckoo 3.0 which target the ASIC-resistant mining algorithms of cryptocurrencies, such as Ethereum Classic and Grin; and Darkbird 1.0 HPC chips. The company serves enterprises and individual buyers. Nano Labs Ltd was founded in 2019 and is headquartered in Hangzhou, the People's Republic of China.
FAQ
Is NA financially healthy?
Nano Labs Ltd's Piotroski F-score is 4/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the grey zone.
Does NA pay a dividend?
No, Nano Labs Ltd does not currently pay a dividend.
How profitable is NA?
In FY2025, Nano Labs Ltd had a net margin of 501.6% and a return on equity of 18.1%.
Is NA a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on Nano Labs Ltd: a Piotroski F-score of 4/9, an Altman Z″ in the grey zone. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.