U Power Ltd Financial Summary

Complete Filing Data

U Power Ltd reported Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents of $3.38 million for FY2024.

All values from 10-K, 20-F, and 10-Q filings on SEC EDGAR, organized by financial statement. Scroll each table horizontally for the full history. Blank cells mean U Power Ltd did not report that metric for that period in XBRL — often because accounting standards changed which tag a company files under (for example, most companies moved revenue to the ASC-606 tag in 2018), so a metric may continue in a different row. Rows marked * merge those successor tags into one continuous series, preferring the audited value from the newest-standard tag where periods overlap.

Income Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023FY2022FY2021FY2020
Net Income *-$47.9M-$19.3M-$45.9M-$41.4M-$5.5M
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest-$7.7M-$22.9M-$57.7M-$46.5M-$6.5M
Net Income Loss Attributable To Noncontrolling Interest-$1.2M-$6.1M-$11.7M-$7.7M-$1.0M
Selling And Marketing Expense$382.0K$2.5M$2.0M$4.9M$3.0M
Revenues$6.1M$19.8M$7.8M$8.0M$1.5M
Research And Development Expense$409.0K$2.2M$9.4M$5.4M$111.0K
Operating Income Loss-$58.0M-$36.9M-$56.2M-$45.0M-$16.0M
Operating Expenses$9.4M$49.1M$58.9M$47.8M$17.5M
Gross Profit$1.4M$12.2M$2.7M$2.9M$1.5M
General And Administrative Expense$46.9M$41.2M$37.7M$37.6M$14.1M
Cost Of Revenue$33.8M$7.6M$5.1M$5.1M
Other Nonoperating Income$769.0K$16.9M$3.2M$3.0M
Other Nonoperating Expense$3.3M$1.6M$3.9M$4.3M
Income Tax Expense Benefit$2.6M$5.0K$2.6M
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax-$61.0K$446.0K
Income Loss From Equity Method Investments-$295.0K-$94.0K-$39.0K
Interest Expense Other$111.0K$696.0K$532.0K

Balance Sheet

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023FY2022FY2021FY2020FY2019
Stockholders Equity *$291.5M$306.7M$165.9M$211.9M$290.1M$138.1M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$3.4M$36.2M$5.9M$25.7M$126.7M$6.6M
Operating Lease Right Of Use Asset Amortization Expense$5.5M$5.7M$5.6M$3.4M$620.0K
Deposits Assets Noncurrent$5.5M$72.8M$80.2M$78.8M
Taxes Payable Current$5.2M$5.2M$2.6M$2.6M
Retained Earnings Accumulated Deficit-$221.1M-$173.2M-$153.8M-$107.9M
Restricted Cash Current$1.2M$34.3M$1.0M$10.9M
Property Plant And Equipment Net$8.7M$11.8M$16.3M$10.1M
Other Assets Noncurrent$81.7M$36.0M$30.0K$189.0K
Other Assets Current$4.0M$94.8M$33.9M$12.3M
Operating Lease Right Of Use Asset$16.2M$21.7M$19.3M$25.7M
Operating Lease Liability Noncurrent$567.0K$6.0M$4.8M$3.7M
Operating Lease Liability Current$1.8M$1.8M$1.7M$4.3M
Minority Interest$4.0M$38.0M$39.1M$45.8M
Long Term Investments$18.4M$123.4M$111.8M$110.0M
Liabilities Noncurrent$7.8M$6.0M$14.8M$19.2M
Liabilities Current$7.8M$74.9M$59.2M$76.8M
Liabilities And Stockholders Equity$385.7M$429.0M$281.9M$353.7M
Liabilities$64.7M$80.9M$73.9M$96.0M
Inventory Net$9.9M$5.4M$5.5M$13.4M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect-$1.5M$29.9M-$19.8M-$101.0M
Assets Noncurrent$38.4M$265.8M$227.8M$225.4M
Assets Current$14.4M$163.2M$54.0M$128.3M
Assets$385.7M$429.0M$281.9M$353.7M
Cash And Cash Equivalents At Carrying Value$3.2M$1.9M$4.9M$14.8M
Accounts Receivable Net Current$10.4M$15.7M$1.6M
Additional Paid In Capital Common Stock$512.6M$479.4M$319.8M
Commitments And Contingencies$3.5M$2.9M
Repayments Of Long Term Debt$3.0M$500.0K$500.0K
Loans Payable Current$2.5M$14.5M$6.5M$500.0K
Intangible Assets Net Excluding Goodwill$28.0K$286.0K$608.0K
Accrued Liabilities And Other Liabilities$35.2M$33.7M$4.8M
Accounts Payable Current$10.2M$11.1M$9.8M

Cash Flow Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023FY2022FY2021FY2020
Net Cash Provided By Used In Operating Activities-$73.2M-$65.4M-$12.9M-$82.2M-$22.4M
Net Cash Provided By Used In Investing Activities$49.1M-$84.1M-$11.4M-$14.8M-$133.1M
Net Cash Provided By Used In Financing Activities$1.8M$179.4M$4.5M-$4.0M$275.6M
Increase Decrease In Prepaid Supplies-$205.0K$3.9M-$61.1M$71.1M$4.7M
Increase Decrease In Other Current Assets-$8.2M$21.2M$23.0M$7.0M-$7.8M
Increase Decrease In Operating Lease Liability-$1.8M-$3.5M-$2.4M-$5.2M-$841.0K
Increase Decrease In Inventories$4.4M-$107.0K-$7.8M$13.3M-$209.0K
Increase Decrease In Due To Related Parties-$300.0K$5.2M$140.0K-$589.0K-$73.0K
Increase Decrease In Due From Related Parties$1.5M$22.0K-$84.0K-$843.0K-$849.0K
Increase Decrease In Accounts Receivable-$3.8M$14.2M$1.4M$181.0K-$379.0K
Increase Decrease In Accounts Payable$4.1M-$899.0K$1.3M$8.5M$165.0K
Increase Decrease In Accrued Income Taxes Payable-$31.0K$2.6M-$3.0K$2.6M
Proceeds From Contributions From Affiliates$5.0M$5.0M$999.0K$255.6M
Payments To Acquire Property Plant And Equipment$1.0K$881.0K$7.8M$9.6M$1.3M
Payments For Proceeds From Loans Receivable-$16.7M$33.3M$3.9M$17.0M$69.5M
Increase Decrease In Other Noncurrent Assets$45.7M-$30.0K$68.0K$80.0K
Increase Decrease In Customer Advances-$101.0K-$50.4M$45.0M-$18.1M
Increase Decrease In Accounts Payable And Other Operating Liabilities-$15.1M$32.2M$2.2M-$2.9M
Depreciation Depletion And Amortization$2.6M$2.1M$1.8M$786.0K
Increase Decrease In Contract With Customer Liability-$199.0K-$721.0K-$50.4M

Per-Share & Share Counts

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023FY2022FY2021FY2020
Earnings Per Share Diluted$-2.30$-15.56$-91.84$-8.28$-0.11
Earnings Per Share Basic$-16.79$-15.56$-91.84$-82.80$-0.11
Weighted Average Number Of Shares Outstanding Basic2.9M1.2M500.0K500.0K50.0M
Weighted Average Number Of Diluted Shares Outstanding2.9M1.2M500.0K500.0K50.0M

Other Metrics

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023FY2022FY2021FY2020
Investment Income Interest$742.0K$562.0K$49.0K$437.0K$436.0K
Supplies$9.5M$10.8M$7.0M$76.4M
Provision For Doubtful Accounts$5.3M$1.2M$9.8M$289.0K
Customer Advances Current$1.1M$2.5M$3.3M$53.7M

Most recent annual filing with the SEC: May 15, 2025

Data sourced from SEC EDGAR public filings as of August 5, 2026.