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Nano LabsNA -0.49%40 Equity-to-Asset is 0.67 as of Dec. 2025, which is 294% above its 10-year median of 0.17. GuruFocus rates NA with a GF Score™ of 40/100 and a GF Value™ of $0.86 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,033 Semiconductors companies, Nano Labs ranks better than 57.02% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Nano Labs's Total Stockholders Equity for the quarter that ended in Dec. 2025 was $106.24 Mil. Nano Labs's Total Assets for the quarter that ended in Dec. 2025 was $158.95 Mil.
Therefore, Nano Labs's Equity to Asset Ratio for the quarter that ended in Dec. 2025 was 0.67.
The historical rank and industry rank for Nano Labs's Equity-to-Asset or its related term are showing as below:
NA'
s Equity-to-Asset Range Over the Past 10 Years
Min: -0.79 Med: 0.17 Max: 0.67
Current: 0.67
During the past 6 years, the highest Equity to Asset Ratio of Nano Labs was 0.67. The lowest was -0.79. And the median was 0.17.
NA's Equity-to-Asset is ranked better than 57.02% of 1033
companies
in the Semiconductors industry
Industry Median: 0.62
vs NA: 0.67
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Nano Labs Equity-to-Asset Related Terms
Nano Labs Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Nano Labs's Equity-to-Asset can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NA vs PXLW, SQNS, GUER: Equity-to-Asset Comparison
For the Semiconductors subindustry, Nano Labs's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Nano Labs Equity-to-Asset vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Nano Labs's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Nano Labs's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Nano Labs's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Nano Labs (NA) has a Equity-to-Asset of 0.67 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Nano Labs and its competitors. This is 294% above median its historical median of 0.17. According to the industry distribution chart, Nano Labs ranks #444 out of 1033 companies in the Semiconductors industry, placing it in the top 43%.
Is Nano Labs' Equity-to-Asset too high?
Nano Labs' current Equity-to-Asset of 0.67 is 294% above median its 10-year median of 0.17. The Semiconductors industry median Equity-to-Asset is 0.62. Nano Labs' value of 0.67 is 8.1% above this industry median. Based on the distribution chart, Nano Labs ranks #444 out of 1033 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Nano Labs has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nano Labs' Equity-to-Asset compare to PXLW and SQNS?
According to the Semiconductors industry distribution chart, Nano Labs ranks #444 out of 1033 companies for Equity-to-Asset. This puts Nano Labs in the upper half of its industry. The industry median Equity-to-Asset is 0.62. Nano Labs' value of 0.67 is 8.1% above this benchmark. While the company's 10-year median is 0.17 vs. the industry median of 0.62, Nano Labs has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Semiconductors company?
The median Equity-to-Asset among Semiconductors companies is 0.62, based on 1,033 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nano Labs's current Equity-to-Asset of 0.67 is 8.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Nano Labs and its competitors. For the Semiconductors industry, the median Equity-to-Asset is 0.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nano Labs's current Equity-to-Asset is 0.67, which is 294% above median its own 10-year median of 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nano Labs stock overvalued right now?
Based on GuruFocus' analysis, Nano Labs (NA) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.86, compared to a current price of $2.03 — trading 136% above its estimated fair value. The current Equity-to-Asset is 0.67, which is 294% above median its 10-year median of 0.17 and 8.1% above the Semiconductors industry median of 0.62. Nano Labs' overall GF Score™ is 40/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Nano Labs (NA), the current Equity-to-Asset is 0.67 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Nano Labs (NA) Overvalued in 2026?
Based on GuruFocus' analysis, Nano Labs stock appears to be overvalued.
The current stock price of $2.03 is trading 136% above its estimated GF Value™ of $0.86.
GuruFocus considers Nano Labs to be Significantly Overvalued.
Key valuation signals for NA:
Equity-to-Asset: 0.67 (294% above median its 10-year median of 0.17)
GF Value™: $0.86 vs. price of $2.03 (136% above fair value)
Industry Position: 8.1% above the Semiconductors median (#444 of 1033)
No single metric tells the full story. See the NA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nano Labs Ltd is a Web 3.0 infrastructure and product solution provider, as well as a crypto treasury company. It is focused on the development of HTC chips and HPC chips. In addition, the company has established BNB value investment and adopted BNB (a crypto token) as the primary reserve asset. Furthermore, it has launched the iPollo Claw, a dedicated hardware solution for the OpenClaw AI Agent Ecosystem. Nano Labs derives revenue mainly from its HTC and HPC offerings, which comprise Darkbird series HPC chips that feature high performance and high energy consumption efficiency, and Cuckoo series chips, used in GPUs. Geographically, the company generates maximum revenue from the People's Republic of China (PRC), and the rest from Singapore, Hong Kong, the United States, and other markets.
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