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Nano Labs Ltd. Sponsored ADR Class A
(NASDAQ:NA)
Nano Labs Ltd. Sponsored ADR Class A (NA) vs. SPDR S&P 500 ETF (SPY)
Nano Labs Ltd. Sponsored ADR Class A Business Overview & Revenue Model
Nano Labs Ltd. Sponsored ADR Class A Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 24.14M | 40.60M | 78.34M | 983.17M | 39.44M | 2.13M |
| Gross Profit | 11.78M | 11.60M | -103.45M | 230.16M | -4.09M | 856.13K |
| EBITDA | -55.00M | -100.99M | -243.27M | 208.69M | -168.90M | -37.08M |
| Net Income | -63.01M | -113.19M | -252.82M | 31.12M | -174.94M | -37.70M |
Balance Sheet | ||||||
| Total Assets | 1.48B | 615.93M | 350.30M | 367.24M | 909.83M | 61.49M |
| Cash, Cash Equivalents and Short-Term Investments | 1.14B | 275.32M | 50.53M | 91.25M | 265.74M | 35.73M |
| Total Debt | 686.79M | 198.87M | 150.88M | 23.67M | 7.35M | 5.74M |
| Total Liabilities | 858.65M | 383.03M | 366.56M | 202.83M | 934.49M | 110.01M |
| Stockholders Equity | 621.69M | 230.79M | -14.73M | 164.41M | -24.66M | -48.52M |
Cash Flow | ||||||
| Free Cash Flow | -117.39M | -175.70M | -238.96M | -341.76M | 63.04M | -3.96M |
| Operating Cash Flow | -113.36M | -139.33M | -133.47M | -274.94M | 71.73M | -3.03M |
| Investing Cash Flow | -216.44M | -256.77M | -105.48M | -33.18M | -36.05M | -1.65M |
| Financing Cash Flow | 671.67M | 375.98M | 199.52M | 161.00M | 164.90M | 29.36M |
Nano Labs Ltd. Sponsored ADR Class A Technical Analysis
Nano Labs Ltd. Sponsored ADR Class A Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | $187.36M | -6.15 | -44.68% | ― | -21.59% | -254.69% | |
65 Neutral | $108.06M | 8.49 | 8.63% | ― | 6.18% | 95.91% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
53 Neutral | $271.01M | -17.70 | -32.47% | ― | 22.00% | 28.06% | |
46 Neutral | $99.31M | -2.66 | -8.46% | ― | -7.79% | 10.04% | |
46 Neutral | $74.77M | -3.49 | -116.86% | ― | -94.26% | 3.20% | |
37 Underperform | $78.26M | -3.71 | -21.44% | ― | ― | ― |
Nano Labs Ltd. Sponsored ADR Class A Corporate Events
On December 31, 2025, Nano Labs Ltd reported that it has continued to expand its strategic BNB holdings, completing a new round of acquisitions that brings its aggregate BNB position to more than 130,000 tokens, valued at about US$112 million, further reinforcing its strategy of using BNB as a core reserve asset. The company also disclosed that its board had previously approved a share repurchase program of up to US$25 million and that implementation of this buyback has now officially begun, with management indicating that, subject to market conditions, it will use the program as a tool for market capitalization management, long-term value creation and protection of shareholder interests while balancing capital allocation against the growing value of its BNB reserves.
The most recent analyst rating on (NA) stock is a Sell with a $3.00 price target. To see the full list of analyst forecasts on Nano Labs Ltd. Sponsored ADR Class A stock, see the NA Stock Forecast page.
At its Annual General Meeting held on December 30, 2025 in Beijing, Nano Labs Ltd obtained shareholder approval for a series of capital structure changes and governance measures, including a conditional one-for-ten share consolidation with subsequent re-designation of shares, a conditional one-into-ten share sub-division tied to a high share-price threshold, an increase in voting power of Class B ordinary shares from 30 to 50 votes per share, and related amendments to its memorandum and articles of association. Shareholders also approved the appointment of MaloneBailey, LLP as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2025, positioning Nano Labs with greater flexibility to manage its share price, capital structure and voting control as it navigates the Web 3.0 and crypto infrastructure markets.
The most recent analyst rating on (NA) stock is a Sell with a $3.00 price target. To see the full list of analyst forecasts on Nano Labs Ltd. Sponsored ADR Class A stock, see the NA Stock Forecast page.
On December 2, 2025, Nano Labs Ltd announced its 2025 Annual General Meeting of Shareholders to be held on December 30, 2025, in Hangzhou, China. The meeting will address several key proposals, including a share consolidation and re-designation, a potential share sub-division, an increase in voting rights for Class B shares, amendments to the company’s memorandum and articles of association, and the appointment of a new independent registered public accounting firm. These actions are aimed at restructuring the company’s share capital and enhancing shareholder engagement, potentially impacting its market positioning and stakeholder interests.
The most recent analyst rating on (NA) stock is a Sell with a $4.00 price target. To see the full list of analyst forecasts on Nano Labs Ltd. Sponsored ADR Class A stock, see the NA Stock Forecast page.
On November 26, 2025, Nano Labs Ltd announced the launch of its Next Big BNB Program, a strategic initiative aimed at developing a comprehensive Real World Assets infrastructure and compliance ecosystem on the BNB Chain. This program seeks to integrate the real economy with the blockchain world by focusing on asset tokenization, custody, auditing, and regulatory compliance frameworks. The initiative is expected to strengthen the connection between real-world and blockchain economies, potentially driving the next growth cycle of Web3.
The most recent analyst rating on (NA) stock is a Sell with a $4.00 price target. To see the full list of analyst forecasts on Nano Labs Ltd. Sponsored ADR Class A stock, see the NA Stock Forecast page.
On November 12, 2025, Nano Labs Ltd announced its decision to prepay all outstanding convertible bonds as a strategic move to enhance risk management and protect investor rights. This decision comes amid global economic uncertainty and fluctuations in digital-asset prices, aiming to minimize exposure to potential market disruptions and ensure financial flexibility. The repayment plan involves returning 300 BTC to each bondholder, plus an additional 4.5 BTC as compensation, to be completed within 90 days. This move is expected to reinforce the company’s operational resilience and support stable operations.
The most recent analyst rating on (NA) stock is a Hold with a $4.00 price target. To see the full list of analyst forecasts on Nano Labs Ltd. Sponsored ADR Class A stock, see the NA Stock Forecast page.
On October 15, 2025, Nano Labs Ltd announced a share repurchase program authorized by its board of directors, allowing the company to buy back up to US$25.0 million worth of its shares over the next 12 months. This initiative, subject to market conditions, will be funded through the company’s existing cash reserves and proceeds from the liquidation of crypto assets. The repurchase program is expected to impact the company’s market positioning positively, as it reflects confidence in its financial stability and future prospects.
The most recent analyst rating on (NA) stock is a Hold with a $5.50 price target. To see the full list of analyst forecasts on Nano Labs Ltd. Sponsored ADR Class A stock, see the NA Stock Forecast page.