NA vs VIOT
Nano Labs Ltd. and Viomi Technology Co. Ltd., side by side — 6 fiscal years reported in CNY, drawn from SEC filings.
Most recent reported year
| Metric | NA | VIOT |
|---|---|---|
| Revenue | CNY 27.0M | CNY 2.4B |
| Net income | CNY 135.5M | CNY 141.9M |
| Gross margin | −147.3% | 25.3% |
| Net margin | 466.4% | 5.8% |
| Return on equity | 27.7% | 9.6% |
| Diluted EPS | CNY 6.82 | CNY 0.67 |
| Dividend / share | · | · |
| Payout ratio | · | · |
| Free cash flow | CNY -108.3M | CNY 113.5M |
| Equity | CNY 748.3M | CNY 1.5B |
| Net debt / equity | 0.23× | −0.48× |
| Current ratio | 2.09× | 2.60× |
| Revenue CAGR 5y | 66.2% | −16.1% |
| Profit CAGR 5y | · | · |
VIOT bills 89.9× the revenue of NA, and NA keeps more of each dollar of revenue as profit (466.4% against 5.8%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
6 years side by side
| Fiscal year | NA | VIOT |
|---|---|---|
| FY2025 | CNY 27.0M | CNY 2.4B |
| FY2024 | CNY 40.6M | CNY 2.1B |
| FY2023 | CNY 78.3M | CNY 1.6B |
| FY2022 | CNY 983.2M | CNY 1.8B |
| FY2021 | CNY 39.4M | CNY 5.3B |
| FY2020 | CNY 2.1M | CNY 5.8B |
Bottom line
| Fiscal year | NA | VIOT |
|---|---|---|
| FY2025 | CNY 135.5M | CNY 141.9M |
| FY2024 | CNY -113.2M | CNY 62.3M |
| FY2023 | CNY -252.8M | CNY -89.3M |
| FY2022 | CNY 31.1M | CNY -282.6M |
| FY2021 | CNY -174.9M | CNY 88.6M |
| FY2020 | CNY -37.7M | CNY 173.3M |
6 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −CNY 2,401,219,256 | VIOT |
| FY2024 | −CNY 2,078,386,084 | VIOT |
| FY2023 | −CNY 1,560,400,624 | VIOT |
| FY2022 | −CNY 807,076,102 | VIOT |
| FY2021 | −CNY 5,264,394,103 | VIOT |
| FY2020 | −CNY 5,823,497,324 | VIOT |
VIOT has reported the higher revenue in every one of these 6 fiscal years. The gap has narrowed since the earliest year compared.
6 of 10 comparable fiscal years — a year missing data on either side is not counted.
5 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +460.5 pp | NA |
| FY2024 | −297.4 pp | VIOT |
| FY2023 | −319.2 pp | VIOT |
| FY2022 | +19.0 pp | NA |
| FY2021 | −445.2 pp | VIOT |
The higher net margin has changed hands between NA and VIOT over this period.
5 of 10 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
NA's net margin has been more volatile than VIOT's over the 5 comparable fiscal years — 327.4 percentage points of standard deviation against 7.8.
5 of 10 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between NA and VIOT over these 5 fiscal years — NA led in 2 and VIOT in 3.
5 of 10 comparable fiscal years — a year missing data on either side is not counted.