Quick Answer
U Power Ltd reported Gross Profit of $1.43 million for fiscal year 2024.
U Power Ltd Gross Profit — Annual History
| Fiscal Year | Gross Profit | YoY Change |
|---|---|---|
| 2024 | $1.43M | -88.2% |
| 2023 | $12.17M | +357.8% |
| 2022 | $2.66M | -7.4% |
| 2021 | $2.87M | +96.2% |
| 2020 | $1.46M | — |
- U Power Ltd showed a decrease of -88.2% in Gross Profit compared to the prior fiscal year.
- Over the 2020–2024 period, U Power Ltd’s gross profit has declined by 2.0% (from $1.46 million to $1.43 million).
- The most recent figure is from U Power Ltd’s fiscal year 2024 report (Form 20-F), filed with the SEC on May 15, 2025.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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