Quick Answer
U Power Ltd reported Total Revenue of $6.07 million for fiscal year 2024.
U Power Ltd — Key Financials by Year
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Total Revenue | $6.07M -69.3% |
$19.76M +153.5% |
$7.80M -2.7% |
$8.01M +447.1% |
$1.46M | — |
| Net Income | -$47.92M -147.8% |
-$19.34M +57.9% |
-$45.92M -10.9% |
-$41.40M -651.3% |
-$5.51M | — |
| Diluted EPS | -$2.30 +85.2% |
-$15.56 +83.1% |
-$91.84 -1009.2% |
-$8.28 -7427.3% |
-$0.11 | — |
| Total Assets | $385.71M -10.1% |
$428.99M +52.2% |
$281.85M -20.3% |
$353.67M | — | — |
| Cash and Equivalents | $3.21M +66.6% |
$1.93M -60.5% |
$4.88M -67.0% |
$14.79M | — | — |
| Stockholders Equity | $291.47M -5.0% |
$306.67M +84.8% |
$165.94M -21.7% |
$211.86M -27.0% |
$290.08M +110.0% |
$138.13M |
| R&D Expense | $409.0K -81.3% |
$2.18M -76.6% |
$9.35M +74.0% |
$5.37M +4741.4% |
$111.0K | — |
| Operating Income | -$57.99M -57.1% |
-$36.90M +34.4% |
-$56.25M -25.1% |
-$44.95M -180.7% |
-$16.01M | — |
| Gross Profit | $1.43M -88.2% |
$12.17M +357.8% |
$2.66M -7.4% |
$2.87M +96.2% |
$1.46M | — |
| Shares Outstanding | — | 1.24M -97.5% |
50.00M +0.0% |
50.00M | — | — |
- U Power Ltd reported Total Revenue of $6.07 million for fiscal year 2024.
- U Power Ltd showed a decrease of -69.3% in Total Revenue compared to the prior fiscal year.
- U Power Ltd reported Net Income of -$47.92 million for fiscal year 2024.
- U Power Ltd showed a decrease of -147.8% in Net Income compared to the prior fiscal year.
- U Power Ltd reported Diluted EPS of $2.30 per share (loss) for fiscal year 2024.
- U Power Ltd showed an increase of +85.2% in Diluted EPS compared to the prior fiscal year.
- U Power Ltd reported Total Assets of $385.71 million for fiscal year 2024.
- U Power Ltd showed a decrease of -10.1% in Total Assets compared to the prior fiscal year.
- U Power Ltd reported Cash and Equivalents of $3.21 million for fiscal year 2024.
- U Power Ltd showed an increase of +66.6% in Cash and Equivalents compared to the prior fiscal year.
- U Power Ltd reported Stockholders Equity of $291.47 million for fiscal year 2024.
- U Power Ltd showed a decrease of -5.0% in Stockholders Equity compared to the prior fiscal year.
- U Power Ltd reported R&D Expense of $409.0 thousand for fiscal year 2024.
- U Power Ltd showed a decrease of -81.3% in R&D Expense compared to the prior fiscal year.
- U Power Ltd reported Operating Income of -$57.99 million for fiscal year 2024.
- U Power Ltd showed a decrease of -57.1% in Operating Income compared to the prior fiscal year.
- U Power Ltd reported Gross Profit of $1.43 million for fiscal year 2024.
- U Power Ltd showed a decrease of -88.2% in Gross Profit compared to the prior fiscal year.
- U Power Ltd reported Shares Outstanding of 1.24 million shares for fiscal year 2023.
- U Power Ltd showed a decrease of -97.5% in Shares Outstanding compared to the prior fiscal year.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
Last verified: