Nano LabsNA +2.23%41 ROA % is 22.19% as of Dec. 2025. GuruFocus rates NA with a GF Score™ of 41/100 and a GF Value™ of $0.89 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,028 Semiconductors companies, Nano Labs ranks better than 86.67% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Nano Labs's annualizedNet Income for the quarter that ended in Dec. 2025 was $40.47 Mil.
Nano Labs's average Total Assets over the quarter that ended in Dec. 2025 was $182.37 Mil. Therefore, Nano Labs's annualized ROA % for the quarter that ended in Dec. 2025 was 22.19%.
The historical rank and industry rank for Nano Labs's ROA % or its related term are showing as below:
NA'
s ROA % Range Over the Past 10 Years
Min: -69.61 Med: -29.67 Max: 15.79
Current: 12.85
During the past 6 years, Nano Labs's highest ROA % was 15.79%. The lowest was -69.61%. And the median was -29.67%.
NA's ROA % is ranked better than 86.67% of 1028
companies
in the Semiconductors industry
Industry Median: 2.45
vs NA: 12.85
Nano Labs (NAS:NA) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue data.
* 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Nano Labs ROA % Related Terms
Nano Labs ROA % Historical Data
* Premium members only.
The historical data trend for Nano Labs's ROA % 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.
For the Semiconductors subindustry, Nano Labs's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Nano Labs's ROA % distribution charts can be found below:
* The bar in red indicates where Nano Labs's ROA % falls into.
* 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.
In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is two times the semi-annual (Dec. 2025) net income data.
ROA % is displayed in the 30-year financial page.
Nano Labs (NA) has a ROA % of 22.19% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Nano Labs and its competitors. According to the industry distribution chart, Nano Labs ranks #137 out of 1028 companies in the Semiconductors industry, placing it in the top 13.3%.
Is Nano Labs' ROA % too high?
Nano Labs' current ROA % is 22.19%. The Semiconductors industry median ROA % is 2.45. Nano Labs' value of 22.19% is 805.7% above this industry median. Based on the distribution chart, Nano Labs ranks #137 out of 1028 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Nano Labs has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nano Labs' ROA % compare to SQNS and PXLW?
According to the Semiconductors industry distribution chart, Nano Labs ranks #137 out of 1028 companies for ROA %. This places Nano Labs in the top 13% of its industry — outperforming the majority of peers. The industry median ROA % is 2.45. Nano Labs' value of 22.19% is 805.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Semiconductors company?
The median ROA % among Semiconductors companies is 2.45, based on 1,028 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nano Labs's current ROA % of 22.19% is 805.7% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Nano Labs and its competitors. For the Semiconductors industry, the median ROA % is 2.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nano Labs's current ROA % is 22.19%. 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 $0.89, compared to a current price of $1.83 — trading 105.6% above its estimated fair value. The current ROA % is 22.19% and 805.7% above the Semiconductors industry median of 2.45. Nano Labs' overall GF Score™ is 41/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Nano Labs (NA), the current ROA % is 22.19% 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 $1.83 is trading 105.6% above its estimated GF Value™ of $0.89.
GuruFocus considers Nano Labs to be Significantly Overvalued.
Key valuation signals for NA:
ROA %: 22.19%
GF Value™: $0.89 vs. price of $1.83 (105.6% above fair value)
Industry Position: 805.7% above the Semiconductors median (#137 of 1028)
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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