v3.26.1
Consolidated Balance Sheets
Dec. 31, 2025
CNY (¥)
Dec. 31, 2025
USD ($)
Dec. 31, 2024
CNY (¥)
Current assets:      
Cash and cash equivalents ¥ 8,502,357 $ 1,209,646 ¥ 32,431,081
Restricted cash 1,347,795 191,753 418,722
Accounts receivable, net 281,446 40,042 572,803
Short-term investments 26,214,992 3,729,654
Inventories, net 13,693,374 1,948,181 29,866,418
Prepayments 7,567,871 1,076,695 4,606,066
Receivable for cryptocurrencies collateral 20,387,316 2,900,540
Cryptocurrencies, current 343,812,102 48,914,765 242,889,085
Other current assets 9,057,772 1,288,665 26,908,797
Total current assets 430,865,025 61,299,941 337,692,972
Non-current assets:      
Long-term investment 2,000,000 284,544
Property, plant and equipment, net 182,630,671 25,983,194 197,341,915
Intangible asset, net 45,759,600 6,510,300 46,745,444
Value-added tax recoverables, non-current 30,414,877 4,327,179 28,949,636
Cryptocurrencies, non-current 424,743,318 60,428,995
Operating lease right-of-use assets 3,090,851 439,741 5,203,525
Total non-current assets 688,639,317 97,973,953 278,240,520
TOTAL ASSETS 1,119,504,342 159,273,894 615,933,492
Current liabilities:      
Short-term debts 43,000,000 6,117,687 18,000,000
Current portion of long-term debts 6,890,000 980,253 5,350,000
Accounts payable 19,424,629 2,763,577 18,101,451
Advance from customers 69,314,154 9,861,449 98,895,905
Borrowings denominated in cryptocurrencies 11,948,960 1,700,000
Operating lease liabilities, current 1,125,674 160,152 1,914,109
Other current liabilities 54,303,126 7,725,803 67,163,217
Total current liabilities 206,006,543 29,308,921 209,424,682
Non-current liabilities:      
Long-term debts 170,902,834 24,314,653 170,683,636
Operating lease liabilities, non-current 1,696,750 241,400 2,917,350
Total liabilities 378,606,127 53,864,974 383,025,668
Shareholders’ equity:      
Treasury shares (1,666,859) (237,147)
Additional paid-in capital 1,180,196,429 167,908,666 780,499,664
Accumulated deficit (429,752,701) (61,141,689) (565,218,741)
Statutory reserves 6,647,109 945,696 6,647,109
Accumulated other comprehensive income (loss) (7,450,495) (1,059,995) 8,647,353
Total Nano Labs Ltd shareholders’ equity 748,293,942 106,461,123 230,789,121
Noncontrolling interests (7,395,727) (1,052,203) 2,118,703
Total shareholders’ equity 740,898,215 105,408,920 232,907,824
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 1,119,504,342 159,273,894 615,933,492
Class A Ordinary Shares      
Shareholders’ equity:      
Ordinary shares, Value 283,565 40,343 176,842
Class B Ordinary Shares      
Shareholders’ equity:      
Ordinary shares, Value ¥ 36,894 $ 5,249 ¥ 36,894