Technology - Semiconductors - NASDAQ - CN
$ 4.42
-3.28 %
$ 66.3 M
Market Cap
-1.17
P/E
Nano Labs Ltd operates as a fabless integrated circuit design company and product solution provider in the People's Republic of China and internationally. The company develops high throughput computing and high-performance computing chips. It also offers distributed computing and storage solutions, smart network interface cards, and vision computing chips, as well as distributed rendering technology. In addition, the company engages in the research and development of software. Its customers include enterprises and individual buyers. The company was incorporated in 2019 and is headquartered in Hangzhou, the People's Republic of China.[ Read More ]
The intrinsic value of one NA stock under the base case scenario is HIDDEN Compared to the current market price of 4.42 USD, Nano Labs Ltd is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart NA
FINANCIALS
78.3 M
REVENUE
-261 M
OPERATING INCOME
-254 M
NET INCOME
-133 M
OPERATING CASH FLOW
-105 M
INVESTING CASH FLOW
200 M
FINANCING CASH FLOW
12.4 M
REVENUE
-29.3 M
OPERATING INCOME
-60 M
NET INCOME
-49.4 M
OPERATING CASH FLOW
-9.73 M
INVESTING CASH FLOW
74.6 M
FINANCING CASH FLOW
Balance Sheet Decomposition
Nano Labs Ltd
| Current Assets | 125 M |
| Cash & Short-Term Investments | 50.5 M |
| Receivables | 1.74 M |
| Other Current Assets | 73.2 M |
| Non-Current Assets | 225 M |
| Long-Term Investments | 0 |
| PP&E | 177 M |
| Other Non-Current Assets | 47.7 M |
| Current Liabilities | 243 M |
| Accounts Payable | 16.9 M |
| Short-Term Debt | 26.9 M |
| Other Current Liabilities | 199 M |
| Non-Current Liabilities | 124 M |
| Long-Term Debt | 124 M |
| Other Non-Current Liabilities | 0 |
EFFICIENCY
Earnings Waterfall
Nano Labs Ltd
| Revenue | 78.3 M |
| Cost Of Revenue | 182 M |
| Gross Profit | -103 M |
| Operating Expenses | 218 M |
| Operating Income | -261 M |
| Other Expenses | -6.43 M |
| Net Income | -254 M |
RATIOS
-132.06%
GROSS MARGIN
-332.91%
OPERATING MARGIN
-322.75%
NET MARGIN
1716.04%
ROE
-72.17%
ROA
-202.24%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Nano Labs Ltd
| Net Income | -254 M |
| Depreciation & Amortization | 10.2 M |
| Capital Expenditures | -105 M |
| Stock-Based Compensation | 718 K |
| Change in Working Capital | 49.1 M |
| Others | 82 M |
| Free Cash Flow | -239 M |
Wall Street Analysts Price Targets
Nano Labs Ltd
NA has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.00%
DIVIDEND YIELD
0 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Nano Labs Ltd
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
30 K USD 1
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
120 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
5 months ago
Jun 01, 2024
|
Bought 120 K USD
|
Hansen Randall Lloyd
Secretary |
+ 20000
|
6 USD |
|
7 months ago
Apr 01, 2024
|
Sell 30 K USD
|
Geraets Paul
Commodity Manager |
- 5000
|
6 USD |
|
1 year ago
Jul 31, 2023
|
Bought 5 M USD
|
DONDERO JAMES D
Director |
+ 200000
|
25 USD |
|
2 years ago
Oct 01, 2022
|
Bought 32.5 K USD
|
Scott Alan Mundt
Chief Executive Officer |
+ 10000
|
3.25 USD |
|
2 years ago
Oct 01, 2022
|
Bought 72.2 K USD
|
Hansen Randall Lloyd
director: |
+ 20000
|
3.61 USD |
|
2 years ago
Jul 01, 2022
|
Bought 70 K USD
|
BROWN TODD M
Director |
+ 20000
|
3.5 USD |
|
2 years ago
Jul 01, 2022
|
Bought 31 K USD
|
BROWN TODD M
Director |
+ 10000
|
3.1 USD |
|
2 years ago
Jul 01, 2022
|
Bought 31 K USD
|
BROWN TODD M
Director |
+ 10000
|
3.1 USD |
|
2 years ago
Jul 01, 2022
|
Bought 9.98 K USD
|
BROWN TODD M
Director |
+ 2500
|
3.99 USD |
|
2 years ago
Mar 31, 2022
|
Bought 250 K USD
|
Mitts Brian
See Remarks |
+ 4617.658
|
54.14 USD |
|
2 years ago
Apr 01, 2022
|
Bought 25.7 K USD
|
BROWN TODD M
Director |
+ 10000
|
2.57 USD |
|
2 years ago
Mar 01, 2022
|
Bought 250 K USD
|
LAFFER ARTHUR B
Director |
+ 4617.658
|
54.14 USD |
|
2 years ago
Mar 01, 2022
|
Bought 150 K USD
|
LAFFER ARTHUR B
Director |
+ 2770.595
|
54.14 USD |
|
2 years ago
Jan 01, 2022
|
Bought 12 K USD
|
BROWN TODD M
Director |
+ 5500
|
2.19 USD |
|
2 years ago
Jan 01, 2022
|
Bought 17.3 K USD
|
BROWN TODD M
Director |
+ 8000
|
2.16 USD |
|
3 years ago
Nov 12, 2021
|
Bought 200 K USD
|
LAFFER ARTHUR B
Director |
+ 4175.365
|
47.9 USD |
|
3 years ago
Jul 01, 2021
|
Bought 36 K USD
|
BROWN TODD M
Director |
+ 20000
|
1.8 USD |
|
3 years ago
Jan 04, 2021
|
Bought 105 K USD
|
GERKEN R JAY
Director |
+ 8913.413
|
11.78 USD |
|
3 years ago
Jan 01, 2021
|
Bought 11.6 K USD
|
KLETSCHER BRIAN D
CEO |
+ 2
|
5800 USD |
|
5 years ago
Jan 10, 2019
|
Bought 0 USD
|
Cutt Sean T
Chief Investment Officer |
+ 1163
|
0 USD |
|
8 years ago
Aug 01, 2016
|
Bought 36 K USD
|
PANKONIN WARREN WALTER
Director |
+ 5
|
7200 USD |
|
10 years ago
May 06, 2014
|
Sell 0 USD
|
McROBBIE-JOHNSON ANDREAS A
10 percent owner, other: Former President/CEO/Director |
- 4600000
|
0 USD |
|
11 years ago
Jul 01, 2013
|
Bought 24 K USD
|
JOHNSON SHANNON
Director |
+ 20
|
1200 USD |
|
11 years ago
Jul 01, 2013
|
Bought 29.4 K USD
|
BROWN TODD M
Director |
+ 20000
|
1.47 USD |
|
13 years ago
Jul 01, 2011
|
Bought 36.7 M USD
|
Kasperson Rick Alan
Director |
+ 6000
|
6120 USD |
|
13 years ago
Apr 01, 2011
|
Bought 26.8 K USD
|
Olson Tracey
Chief Executive Officer |
+ 20
|
1340 USD |
|
13 years ago
Apr 01, 2011
|
Bought 16 M USD
|
Kasperson Rick Alan
Director |
+ 4000
|
4000 USD |
|
13 years ago
Apr 01, 2011
|
Bought 27.5 M USD
|
BROWN TODD M
Director |
+ 5000
|
5500 USD |
|
13 years ago
Apr 01, 2011
|
Bought 302 M USD
|
BROWN TODD M
Director |
+ 17000
|
17740 USD |
|
13 years ago
Mar 01, 2011
|
Sell 375 M USD
|
SHEPLEY RUTH
10 percent owner |
- 10000
|
37500 USD |
|
14 years ago
Oct 01, 2010
|
Bought 64 M USD
|
BROWN TODD M
Director |
+ 8000
|
8000 USD |
|
14 years ago
Oct 01, 2010
|
Bought 424 M USD
|
Kasperson Rick Alan
Director |
+ 20000
|
21200 USD |
|
14 years ago
Jul 01, 2010
|
Sell 25.7 K USD
|
Core Steven H
Director |
- 20
|
1285 USD |
7. News
CORRECTION: Nano Labs Announces Results of Annual General Meeting of Shareholders
HANGZHOU, China, Oct. 25, 2024 (GLOBE NEWSWIRE) -- In the news release "Nano Labs Announces Results of Extraordinary General Meeting of Shareholders," issued October 23, 2024 by Nano Labs Ltd over GlobeNewswire, we are advised by the company that the final paragraph should be “The Share Consolidation will be effective from 5 P.M. on November 3, 2024, Eastern time. The expected market effective date of the Share Consolidation is November 4, 2024 (as of the opening of business).” The complete, corrected release follows:
globenewswire.com
- 3 weeks ago
Nano Labs Resolves Nasdaq Minimum Market Value of Publicly Held Shares Deficiency
HANGZHOU, China, Oct. 11, 2024 (GLOBE NEWSWIRE) -- Nano Labs Ltd (Nasdaq: NA) (“we,” the “Company” or “Nano Labs”), a leading fabless integrated circuit design company and product solution provider in China, announced today that it received a written notice from the Listing Qualifications Staff of Nasdaq on October 10, 2024, notifying the Company that it has regained compliance with the minimum market value of publicly held shares (“MVPHS”) requirement under Nasdaq Listing Rule 5450(b)(2)(C) (the “Rule”).
globenewswire.com
- 1 month ago
Mr. Kong, Nano Labs' Chairman and CEO, Increased His Shareholding in the Company
HANGZHOU, China, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Nano Labs Ltd (Nasdaq: NA) (“we,” the “Company” or “Nano Labs”), a leading fabless integrated circuit design company and product solution provider in China, announced today that Mr. Jianping Kong, the Company's chairman and chief executive officer, informed the Company that he purchased 1,107,935 Class A ordinary shares of the Company in open-market transactions with his personal funds in September, 2024, which is the second time that Mr. Kong increased his shareholding in the Company in 2024. Such transactions complied with the Company's internal trading policy as well as relevant laws and regulations. Mr. Kong is optimistic about the Company's future prospects in the long term and does not rule out the possibility of continuing to increase his shareholding in Nano Labs in the future.
globenewswire.com
- 1 month ago
Paragon 28 (FNA) Shares Fall Again Amid Revenue Shortfall, Job Cuts - Hagens Berman
SAN FRANCISCO, CA / ACCESSWIRE / September 27, 2024 / Hagens Berman urges Paragon 28, Inc. (NYSE:NA) investors who suffered substantial losses to submit your losses now. The firm also encourages persons with knowledge who may be able to assist in the investigation to contact its attorneys.
accesswire.com
- 1 month ago
Nano Labs Announces Annual General Meeting
HANGZHOU, China, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Nano Labs Ltd (Nasdaq: NA) (“we,” “the Company,” or “Nano Labs”), a leading fabless integrated circuit design company and product solution provider in China, today announced that it will hold its 2024 Annual General Meeting of Shareholders (the “2024 Annual Meeting”) at 10 A.M. on October 23, 2024, Beijing time (10 P.M. on October 22, 2024, U.S. Eastern time) in China Yuangu Hanggang Technology Building, 509 Qianjiang Road, Shangcheng District, Hangzhou, Zhejiang, 310000, People's Republic of China. The Company has established the close of business on September 27, 2024, Eastern time (the “Record Date”), as the record date for determining shareholders entitled to notice of, and to vote at, the Meeting and any adjournments or postponements thereof. The purpose of the Meeting is:
globenewswire.com
- 1 month ago
Nano Labs Enters into Agreements with Shareholders to Convert Loans into Ordinary Shares
HANGZHOU, China , Sept. 23, 2024 /PRNewswire/ -- Nano Labs Ltd (Nasdaq: NA) ("we," "the Company," or "Nano Labs"), a leading fabless integrated circuit design company and product solution provider in China, announced today that it entered into agreements with Mr.
prnewswire.com
- 1 month ago
Nano Labs Ltd (NA) Q2 2024 Earnings Call Transcript
Nano Labs Ltd (NASDAQ:NA ) Q2 2024 Results Conference Call September 18, 2024 8:30 AM ET Company Participants Jianping Kong - Chairman and CEO Bing Chen - CFO Operator Ladies and gentlemen, thank you for standing by. Welcome to Nano Labs First Half of 2024 Earnings Conference Call.
seekingalpha.com
- 1 month ago
National Bank of Canada sees big Q3 profit jump
National Bank of Canada (TSX:NA) shares surged in Toronto after the bank posted a significant increase in its third-quarter profit. The bank's quarterly performance was driven by strength in its wealth management and financial markets.
proactiveinvestors.com
- 2 months ago
3 Stocks to Sell That Won't Survive Through Winter 2024
The stock market is soaring to new heights, but not every company is coming along for the ride. In fact, some stocks are careening toward oblivion as we speak with business models that simply don't work.
investorplace.com
- 3 months ago
Nano Labs Announces Receipt of Deficiency Letters from Nasdaq
HANGZHOU, China , July 12, 2024 /PRNewswire/ -- Nano Labs Ltd (Nasdaq: NA) ("we," the "Company" or "Nano Labs"), a leading fabless integrated circuit design company and product solution provider in China, today announced that it received a notification letter dated July 11, 2024 (the "Deficiency Letter") from the Listing Qualifications Department of The Nasdaq Stock Market Inc. (the "Nasdaq") notifying that the Company is no longer in compliance with the Nasdaq Listing Rule 5450(b)(2)(C) for continued listing due to its failure to maintain a minimum of Market Value of Publicly Held Shares ("MVPHS") of US$15.0 million. The Deficiency Letter does not result in the immediate delisting of the Company's Class A ordinary shares on the Nasdaq Global Market.
prnewswire.com
- 4 months ago
Nano Labs Announces Receipt of Deficiency Letters from Nasdaq
HANGZHOU, China , May 24, 2024 /PRNewswire/ -- Nano Labs Ltd (Nasdaq: NA) ("we," the "Company" or "Nano Labs"), a leading fabless integrated circuit design company and product solution provider in China, today announced that it received two notification letters dated May 24, 2024 (the "Deficiency Letters") from the Listing Qualifications Department of The Nasdaq Stock Market Inc. (the "Nasdaq") notifying that the Company is no longer in compliance with the Nasdaq continued listing criteria, including (1) the Nasdaq Listing Rule 5450(b)(2)(A) due to its failure to maintain a minimum of $50 million in market value of listed securities; (2) the Nasdaq Listing Rule 5450(a)(1) due to its failure to maintain a minimum bid price of US$1 per share. Nasdaq also determined that the Company does not meet the alternatives of total assets and total revenue for continued listing.
prnewswire.com
- 5 months ago
Nano Labs Launches New Product Cuckoo3.0 Chip with Significant Improvements in Performance and Energy Efficiency
HANGZHOU, China , May 21, 2024 /PRNewswire/ -- Nano Labs Ltd (Nasdaq: NA) ("we," the "Company" or "Nano Labs"), a leading fabless integrated circuit design company and product solution provider in China, today announced that it has launched its latest generation in the Cuckoo series, Cuckoo3.0 chip and achieved the mass production. Cuckoo3.0 represents a significant leap in performance and energy efficiency compared to its predecessor, the Cuckoo2.0 chip.
prnewswire.com
- 5 months ago
8. Profile Summary
Nano Labs Ltd NA
COUNTRY
CN
INDUSTRY
Semiconductors
MARKET CAP
$ 66.3 M
Dividend Yield
0.00%
Description
Nano Labs Ltd operates as a fabless integrated circuit design company and product solution provider in the People's Republic of China and internationally. The company develops high throughput computing and high-performance computing chips. It also offers distributed computing and storage solutions, smart network interface cards, and vision computing chips, as well as distributed rendering technology. In addition, the company engages in the research and development of software. Its customers include enterprises and individual buyers. The company was incorporated in 2019 and is headquartered in Hangzhou, the People's Republic of China.
Contact
Dikaiyinzuo, Hangzhou, 310000
https://www.nano.cn
IPO Date
July 12, 2022
Employees
157
Officers
Mr. Huawei Kong
Senior Vice President
Mr. Jianping Kong
Chairman & Chief Executive Officer
Mr. Nan Hu
Chief Executive Officer of Zhejiang Haowei & Director
Mr. Bing Chen
Chief Financial Officer & Senior Vice President