NA Earnings Prediction
The chart below shows how NA performed 10 days before and after its earnings report, based on data from the past quarters. Typically, NA sees a +2.74% change in stock price 10 days leading up to the earnings, and a +173.97% change 10 days following the report. On the earnings day itself, the stock moves by -4.26%. This data can give you a slight idea of what to expect for the next quarter's release.
NA Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
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Gross Margin
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Operating Margin
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Net Margin
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EPS
-8.46
-29.79%
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No Data Available
NA Earnings Analysis
Nano Labs Ltd Class A Ordinary Shares Corporation (NA.O) Earnings Conference Call
Positive
3D Printing Revenue Surge: In the first half of 2024, our net revenue was RMB 24.74 million, USD 3.47 million compared to RMB 52.37 million in the same period last year, indicating a significant growth in our 3D printing products, increasing to RMB 459,200 from RMB 22,000.
Cost Management Success: Cost of revenues for the first half of fiscal year 2024 were RMB 24.71 million, USD 3.47 million, compared to RMB 115.2 million in the same period of 2023, showing effective cost management.
Operating Expenses Reduction: Total operating expenses for the first half of fiscal year 2024 decreased by 20.1% to RMB 58.72 million, USD 8.24 million, down from RMB 73.50 million in the same period of 2023, reflecting improved operational efficiency.
Marketing Expense Reduction: Selling and marketing expenses dropped by 54.4% to RMB 4.33 million, USD 0.61 million, compared to RMB 9.50 million in the same period of 2023, indicating a streamlined approach to marketing.
R&D Expense Reduction: Research and development expenses decreased by 12.2% to RMB 28.93 million, USD 4.06 million for the first half of 2024 from RMB 32.95 million for the same period of 2023, showcasing a focus on efficiency in R&D spending.
Negative
Net Revenue Decline: In the first half of 2024, net revenue was RMB 24.74 million, a significant decline from RMB 52.37 million in the same period last year, primarily due to decreased sales of the iPollo V1 Series product.
Cost of Revenues Decline: Cost of revenues for the first half of fiscal year 2024 was RMB 24.71 million, compared to RMB 115.2 million in the same period of 2023, indicating a substantial reduction in sales volume and less inventory write-down recorded.
Operating Expenses Decrease: Total operating expenses for the first half of fiscal year 2024 decreased by 20.1% to RMB 58.72 million, down from RMB 73.50 million in the same period of 2023, reflecting reduced sales commissions and product shipping expenses.
Operational Loss Reduction: Loss from operations was RMB 58.69 million for the first half of 2024, compared to a loss of RMB 136.4 million for the same period of 2023, indicating ongoing financial challenges despite a reduction in losses.
Net Loss Comparison: Net loss was RMB 59.50 million for the first half of 2024, compared to a net loss of RMB 134.3 million in the same period of 2023, highlighting persistent financial difficulties.
