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$3.39Today:- (-)1Y +66.84%

As of Oct 16, 2026 close

Market cap
$8.00K
P/E (TTM)
-
Forward P/E
-
Dividend yield
-
52-week range
$0.38$28.60
Volume (live)
-
Avg. volume (3M)
27.84K

U Power (UCAR) Income Statement

U Power reported revenue of CNY 41.13M in fiscal 2025 (fiscal year ended Dec 31, 2025), down 7.1% from CNY 44.29M a year earlier. U Power posted a net loss of CNY 68.72M, compared with a net loss of CNY 47.92M a year earlier. Gross margin was 36.3% and operating margin -141.7%.

U Power Income Statement Analysis

Values in millions CNY

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U Power Limited income statement - Annual data in millions CNY
BreakdownFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Period endingDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Revenue & Gross Profit
Revenue41.1344.2919.767.808.011.46
Cost of Revenue26.2133.837.595.145.140.00
Gross Profit14.9210.4612.172.662.871.46
Operating Expenses
Research & Development4.602.992.189.355.370.11
Selling, General & Administrative55.9949.7043.7039.7642.4517.08
Operating Expenses73.1868.4547.0858.9147.8217.48
Operating Income-58.27-57.99-34.91-56.25-44.95-16.01
Other Income/Expense
Interest Income2.830.740.560.050.440.44
Interest Expense0.19-1.401.860.760.700.53
Other Income/Expense-18.631.6313.35-1.41-1.279.48
Income
Income Before Tax-76.90-56.36-22.85-57.66-46.48-6.53
Income Tax Expense3.580.002.610.012.580.00
Net Income-68.72-47.92-19.34-45.92-41.40-5.51
Net Income - Continuous Operations-68.72-56.36-25.47-45.92-49.06-5.51
Net Income - Discontinued Operations------
EBITDA-68.26-44.50-12.67-49.19-40.57-4.59
EBIT-76.71-47.49-20.99-56.25-45.79-16.01
Depreciation & Amortization8.452.998.337.705.221.41
Earnings Per Share
Basic EPS-31096.00-3358.00-156.00-183680.00-79.00-22040.00
Diluted EPS-31096.00-17.00-156.00-183680.00-79.00-22040.00
Basic Shares Outstanding0.000.010.120.000.520.00
Diluted Shares Outstanding0.000.010.120.000.520.00

Source: Company financial statements from annual and quarterly filings. Data as of Dec 31, 2025. Data sources and methodology

Frequently Asked Questions About U Power Financial Statements

What was U Power's revenue in fiscal 2025?

U Power reported revenue of CNY 41.13M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was down 7.1% from CNY 44.29M a year earlier.

Is U Power profitable?

No. U Power reported a net loss of CNY 68.72M in fiscal 2025. In fiscal 2024 it lost CNY 47.92M.

What is U Power's operating margin?

U Power's operating income was −CNY 58.27M on revenue of CNY 41.13M in fiscal 2025, an operating margin of -141.7%, compared with -130.9% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition