Northann Corp. financial data

Symbol
NCL on NYSE
Location
Fort Lawn, SC
Fiscal year end
31 December
Latest financial report
10-Q - Q3 2025 - 14 Nov 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 77.3 % +47.3%
Quick Ratio 30 % +18.5%
Debt-to-equity 386 % -72.3%
Return On Equity -554 % -22.2%
Return On Assets -114 % -276%
Operating Margin -115 % -383%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 34.4M shares +60.7%
Common Stock, Shares, Outstanding 180M shares +638%
Entity Public Float 2.34M USD
Common Stock, Value, Issued 180K USD +638%
Weighted Average Number of Shares Outstanding, Basic 123M shares +406%
Weighted Average Number of Shares Outstanding, Diluted 123M shares +406%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 13M USD -16.6%
Cost of Revenue 15.1M USD +34.8%
Research and Development Expense 519K USD -79.7%
General and Administrative Expense 4.2M USD -3.39%
Operating Income (Loss) -14.9M USD -303%
Nonoperating Income (Expense) -2.72M USD -530%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -17.6M USD -327%
Income Tax Expense (Benefit) -1.06K USD -109%
Net Income (Loss) Attributable to Parent -17.6M USD -326%
Earnings Per Share, Basic 0 USD/shares -47.4%
Earnings Per Share, Diluted 0 USD/shares -47.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 40.9K USD
Accounts Receivable, after Allowance for Credit Loss, Current 2.46M USD +26.6%
Inventory, Net 3.48M USD -8.65%
Other Assets, Current 49.9K USD -31.5%
Assets, Current 6.57M USD +8.95%
Property, Plant and Equipment, Net 3.6M USD -15.9%
Operating Lease, Right-of-Use Asset 1.56M USD -18.3%
Intangible Assets, Net (Excluding Goodwill) 984K USD
Assets 15M USD +2.71%
Liabilities, Current 9M USD -21.7%
Operating Lease, Liability, Noncurrent 1.18M USD -24.1%
Liabilities 13.1M USD -0.46%
Accumulated Other Comprehensive Income (Loss), Net of Tax 2.28M USD
Retained Earnings (Accumulated Deficit) -23.4M USD -306%
Stockholders' Equity Attributable to Parent 1.84M USD +32.8%
Liabilities and Equity 15M USD +2.71%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -1.01M USD -439%
Net Cash Provided by (Used in) Financing Activities 3.15M USD
Net Cash Provided by (Used in) Investing Activities -149K USD +44.8%
Common Stock, Shares Authorized 400M shares 0%
Common Stock, Shares, Issued 180M shares +638%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 1.62M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 40.9K USD -53.4%
Interest Paid, Excluding Capitalized Interest, Operating Activities 51.5K USD -84.9%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.3 pure 0%
Operating Lease, Liability 1.56M USD -18.3%
Depreciation 240K USD +88.5%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -14.6M USD -291%
Lessee, Operating Lease, Liability, to be Paid 1.72M USD -20.2%
Operating Lease, Liability, Current 376K USD +7.81%
Lessee, Operating Lease, Liability, to be Paid, Year Two 439K USD -1.28%
Lessee, Operating Lease, Liability, to be Paid, Year One 112K USD -74.4%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Deferred Income Tax Expense (Benefit) 0 USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 161K USD -35.1%
Lessee, Operating Lease, Liability, to be Paid, Year Three 428K USD +0.75%
Deferred Federal Income Tax Expense (Benefit) 0 USD
Current Income Tax Expense (Benefit) 0 USD
Preferred Stock, Shares Authorized 100M shares
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 441K USD +0.75%
Operating Lease, Payments 109K USD +1140%
Additional Paid in Capital 41.3M USD +426%
Current State and Local Tax Expense (Benefit) 0 USD
Current Federal Tax Expense (Benefit) 0 USD
Depreciation, Depletion and Amortization 248K USD +83.7%
Deferred State and Local Income Tax Expense (Benefit) 0 USD
Interest Expense 268K USD +205%