U Power Ltd UCAR
Last close
—
Market cap
—
52-week range
— - —
No price or market cap here: this company files no 10-K, so the only share count SEC publishes for it counts its ordinary shares in its home market, while its US listing is a depositary receipt standing for some number of them. That number is in no filing, so a price multiplied by that count is not this company's value and is not shown. The financial statements below are as filed.
Valuation FY2025 figures against the last close
P/S—
P/E—
P/FCF—
EV/EBITDA—
Dividend yield—
Diluted EPS-2.14
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | $5.9M | $6.1M | $2.8M | $1.1M | — | — |
| Cost of revenue | $3.7M | $4.6M | $1.1M | $745.0K | — | — |
| Gross profit | $2.1M | $1.4M | $1.7M | $386.0K | — | — |
| R&D | $654.0K | $409.0K | $308.0K | $1.4M | — | — |
| SG&A | $7.5M | $6.4M | $5.8M | $5.5M | — | — |
| Total operating expenses | $10.4M | $9.4M | $6.9M | $8.5M | — | — |
| Operating income | -$8.3M | -$7.9M | -$5.2M | -$8.2M | — | — |
| Interest expense | $27.0K | $192.0K | $262.0K | $1.0K | — | — |
| Pre-tax income | -$10.9M | -$7.7M | -$3.2M | -$8.4M | — | — |
| Income tax | $509.0K | — | $368.0K | $1.0K | — | — |
| Net income | -$9.8M | -$6.6M | -$2.7M | -$6.7M | — | — |
| EPS, basic | -2.14 | -2.30 | -2.19 | -0.13 | — | — |
| EPS, diluted | -2.14 | -2.30 | -0.22 | -0.13 | — | — |
| Shares, diluted (wtd. avg.) | 4.6M | 2.9M | 1.2M | 500,000 | 500,000 | 50.0M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Cash and equivalents | $3.1M | $3.4M | $5.0M | $832.0K | $3.7M | — |
| Receivables | $3.2M | $1.4M | $2.2M | $234.0K | — | — |
| Inventory | $1.7M | $1.4M | $766.0K | $791.0K | — | — |
| Total current assets | $21.0M | $14.4M | $23.0M | $7.8M | — | — |
| Property, plant and equipment | $1.2M | $1.2M | $1.7M | $2.4M | — | — |
| Other intangibles | $9.0K | $18.0K | $28.0K | $41.0K | — | — |
| Total assets | $53.9M | $52.8M | $60.4M | $40.9M | — | — |
| Accounts payable | $4.3M | $1.8M | $1.4M | $1.6M | — | — |
| Short-term debt | $2.7M | — | $1.3M | — | — | — |
| Total current liabilities | $11.6M | $7.8M | $10.5M | $8.6M | — | — |
| Long-term debt | — | — | — | $1.4M | — | — |
| Total liabilities | $12.0M | $8.9M | $11.4M | $10.7M | — | — |
| Retained earnings | -$41.2M | -$30.3M | -$24.4M | -$22.3M | — | — |
| Total equity | $38.6M | $39.9M | $43.2M | $24.1M | — | — |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Operating cash flow | -$9.9M | -$10.0M | -$9.2M | -$1.9M | — | — |
| Depreciation and amortisation | $291.0K | $393.0K | $367.0K | $303.0K | — | — |
| Capital expenditure | $71.0K | $1.0K | $124.0K | $1.1M | — | — |
| Investing cash flow | $3.4M | $6.7M | -$11.8M | -$1.6M | — | — |
| Financing cash flow | $6.7M | $1.8M | $25.3M | $653.0K | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001213900-26-057792.
Plot the figures US dollars
Income statement
Revenue
Cost of revenue
Gross profit
R&D
SG&A
Total operating expenses
Operating income
Interest expense
Pre-tax income
Income tax
Net income
EPS, basic
EPS, diluted
Shares, diluted (wtd. avg.)
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | — | — | $1.1M | $2.8M | $6.1M | $5.9M |
| Gross profit | — | — | $386.0K | $1.7M | $1.4M | $2.1M |
| Net income | — | — | -$6.7M | -$2.7M | -$6.6M | -$9.8M |
Others in SIC 3690
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| ENS | EnerSys | $5.99B | 21.6x | 3.7% |
| NOVT | NOVANTA INC | $5.32B | 95.8x | 3.3% |
| ATKR | Atkore Inc. | $3.21B | — | -11.0% |
| QS | QuantumScape Corp | $2.49B | — | — |
| SPB | Spectrum Brands Holdings, Inc. | $1.84B | 20.7x | -5.2% |
| RUN | Sunrun Inc. | $1.83B | 4.4x | 45.1% |
| ENR | ENERGIZER HOLDINGS, INC. | $1.55B | 6.8x | 2.3% |
| AMPX | Amprius Technologies, Inc. | $1.19B | — | 205.1% |