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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 Earnings Call Summary
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 |
|---|---|---|---|---|---|---|---|
| ― | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
| ― | $95.39M | 33.91 | 2.03% | ― | 63.66% | -17.23% | |
| ― | $354.95M | -21.43 | -36.97% | ― | 6.14% | 1.71% | |
| ― | $115.94M | ― | -47.86% | ― | -20.20% | -58.57% | |
| ― | $109.21M | -3.27 | -7.81% | ― | 4.09% | 9.30% | |
| ― | $114.79M | -5.44 | -21.44% | ― | ― | ― | |
| ― | $99.80M | -4.69 | -116.86% | ― | -94.26% | 3.20% |
Nano Labs Ltd. Sponsored ADR Class A Corporate Events
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.
On September 30, 2025, Nano Labs Ltd announced a strategic partnership with TradeUP Securities Inc. to pioneer the development of tokenized U.S. equities through compliant and regulated channels. This collaboration aims to integrate blockchain technology into traditional financial services, offering benefits such as 24/7 trading and fractionalized access. The partnership underscores Nano Labs’ commitment to applying blockchain infrastructure in financial markets, enhancing its leadership in digital capital markets.
On September 23, 2025, Nano Labs Ltd announced its successful transition from the Nasdaq Capital Market to the Nasdaq Global Market, effective September 19, 2025. This uplisting is seen as a recognition of the company’s efforts and positions it to pursue broader opportunities and deliver enhanced value to shareholders. The move to the Nasdaq Global Market is expected to provide Nano Labs with a more robust platform to support its growth ambitions and strengthen its market position.
On September 17, 2025, Nano Labs Ltd released its unaudited consolidated financial statements for the periods ending December 31, 2024, and June 30, 2025. The report highlights significant financial growth, with total assets increasing from RMB 615,933,492 to RMB 1,477,728,962. The company’s total liabilities also rose, reflecting an expansion in operations and financial commitments. This financial disclosure provides stakeholders with insights into the company’s financial health and strategic positioning in the technology industry.
On August 26, 2025, Nano Labs Ltd announced that its Chairman and CEO, Mr. Jianping Kong, increased his shareholdings by acquiring 480,000 class A ordinary shares using personal funds. This move, following previous purchases in May and September 2024, demonstrates Mr. Kong’s confidence in the company’s long-term growth prospects within the rapidly evolving Web 3.0 and cryptocurrency sectors. The acquisition aligns with Nano Labs’ strategic focus on adapting to the trends in crypto-asset strategic reserves and highlights the company’s commitment to its development and market positioning.
On August 21, 2025, Nano Labs Ltd announced its entry into an At The Market Offering Agreement with Maxim Group LLC to sell Class A Ordinary Shares, aiming to raise up to $45 million. The proceeds are intended for BNB and crypto asset reserve strategy, research and development, and general corporate purposes. This move is expected to bolster Nano Labs’ financial position and enhance its strategic initiatives in the Web 3.0 and crypto asset sectors.
Nano Labs Ltd announced its financial results for the first half of 2025, showing a significant decrease in net revenue to RMB8.3 million compared to the same period in 2024. Despite a gross loss and reduced net revenue, the company managed to narrow its net loss to RMB11.8 million, aided by a gain in the fair value of cryptocurrencies. The company is undergoing a strategic transformation, focusing on building its cryptocurrency strategic reserve and exploring new market opportunities, which it believes will deliver long-term value to shareholders.
On August 4, 2025, Nano Labs Ltd announced that it received approval from the Kyrgyz Republic to proceed with a stablecoin initiative pegged to the offshore Chinese Yuan (CNH). This project aims to enhance trade and economic cooperation between China and Kyrgyzstan by facilitating cross-border settlements and expanding investment opportunities. The company will focus its resources on developing stablecoin projects in Belt and Road countries, foregoing previous plans for similar initiatives in Hong Kong SAR.
On July 30, 2025, Nano Labs Ltd announced a strategic equity investment in CEA Industries Inc., subscribing for 495,050 shares and an equal number of warrants. This investment is part of CEA’s $500 million PIPE financing plan, aimed at acquiring BNB and supporting corporate purposes. This move aligns with Nano Labs’ strategy to enhance its cryptocurrency reserves and optimize its asset allocation, further solidifying its position in the digital asset market.
On July 28, 2025, Nano Labs Ltd announced a significant increase in its BNB holdings, reaching a total of 128,000 tokens valued at over US$108 million. This move is part of the company’s long-term strategy to strengthen its position within the BNB ecosystem, which includes further BNB accumulation and investments in BNB-centric enterprises. The acquisition of an additional 8,000 BNB tokens through an over-the-counter transaction highlights Nano Labs’ commitment to expanding its strategic reserves, potentially impacting its market positioning and offering implications for stakeholders.
On July 25, 2025, Nano Labs Ltd announced the establishment of the ‘Nano bit Blockchain Research Fund’ at Peking University’s Guanghua School of Management through a donation agreement. This initiative supports academic research and talent development in blockchain, digital finance, and the digital economy, aligning with China’s national strategy for digital economic growth. The fund aims to foster collaboration between academia and industry, enhancing Nano Labs’ reputation and commitment to technological innovation and corporate social responsibility.
On July 24, 2025, Nano Labs Ltd announced the appointment of Ms. Can Yang as the senior vice president of its subsidiary, Nano bit HK Limited. Ms. Yang, with over 15 years of experience in finance and investment, will lead the execution of digital currency strategic reserves and enhance BNB reserve capabilities. Her extensive background in both traditional finance and the crypto sector is expected to optimize the company’s asset-liability structure and improve capital efficiency, strengthening Nano Labs’ position in the global crypto financial market.
On July 22, 2025, Nano Labs Ltd announced a significant expansion of its BNB strategic reserve, increasing its holdings to 120,000 BNB, valued at approximately US$90 million. This acquisition marks a major milestone in the company’s plan to upgrade its BNB reserve strategy. The company aims to further strengthen its reserve through continued accumulation of BNB and strategic investments, potentially impacting its market positioning and stakeholder interests.