UCAR
U Power LtdU Power Ltd reported revenue of CNY 41.13M in its most recent fiscal year, down 7.1% on the year before. It kept -167.1% of that as net income, and generated -CNY 70.39M of free cash flow. Figures below are compared against other companies classified under Miscellaneous Electrical Machinery, Equipment & Supplies.
Grades vs. industry
Growth
| Metric | Company | Industry median | Rank |
|---|---|---|---|
Revenue growth (YoY) Latest fiscal year revenue vs. the year before. | -7.1% | 8.0% | 27 / 37 |
Revenue growth (3y) Annualized revenue growth over three fiscal years. | 74.1% | 10.5% | 3 / 33 |
Revenue growth (5y) Annualized revenue growth over five fiscal years. | 94.9% | 22.5% | 2 / 25 |
EPS growth (YoY) Diluted EPS vs. the prior fiscal year. | Not reported | -27.3% | — |
EPS growth (3y) Annualized diluted EPS growth over three fiscal years. | Not reported | — | — |
EPS growth (5y) Annualized diluted EPS growth over five fiscal years. | Not reported | — | — |
Free cash flow growth (YoY) Operating cash flow less capital expenditure, vs. prior year. | Not reported | -38.8% | — |
Free cash flow growth (3y) Annualized free cash flow growth over three fiscal years. | Not reported | 34.7% | — |
top third of peersmiddle thirdbottom third. Rank 1 is always best — for debt and payout ratios that means the lowest figure, not the highest.
“Not reported” means the company did not tag this figure in its filing, not that the value is zero. Rankings are hidden where fewer than 5 classified peers reported the metric, and compare against a broad industry code rather than close competitors.
Profitability
| Metric | Company | Industry median | Rank |
|---|---|---|---|
Gross margin Gross profit as a share of revenue. Often unreported. | 36.3% | 24.4% | 8 / 34 |
Operating margin Operating income as a share of revenue. | -141.7% | -46.2% | 27 / 32 |
Net margin Net income as a share of revenue. | -167.1% | -53.5% | 29 / 35 |
Free cash flow margin Free cash flow as a share of revenue. | -171.2% | -22.9% | 25 / 29 |
Return on equity Net income divided by shareholder equity. | -25.4% | -35.6% | 14 / 30 |
Return on assets Net income divided by total assets. | -18.1% | -26.6% | 18 / 42 |
Return on invested capital After-tax operating profit over debt plus equity less cash. | -17.2% | -36.2% | 10 / 30 |
top third of peersmiddle thirdbottom third. Rank 1 is always best — for debt and payout ratios that means the lowest figure, not the highest.
“Not reported” means the company did not tag this figure in its filing, not that the value is zero. Rankings are hidden where fewer than 5 classified peers reported the metric, and compare against a broad industry code rather than close competitors.
Financial health
| Metric | Company | Industry median | Rank |
|---|---|---|---|
Debt to equity Total debt divided by shareholder equity. | 0.07x | 0.56x | 5 / 22 |
Current ratio Current assets over current liabilities. | 1.80x | 1.77x | 20 / 40 |
Quick ratio Current assets excluding inventory, over current liabilities. | 1.65x | 1.18x | 15 / 40 |
Interest coverage Operating income divided by interest expense. | -309.93x | -8.21x | 25 / 25 |
Net debt to EBITDA Net debt over derived EBITDA. EBITDA is not a GAAP tag; it is computed. | Not reported | 1.24x | — |
top third of peersmiddle thirdbottom third. Rank 1 is always best — for debt and payout ratios that means the lowest figure, not the highest.
“Not reported” means the company did not tag this figure in its filing, not that the value is zero. Rankings are hidden where fewer than 5 classified peers reported the metric, and compare against a broad industry code rather than close competitors.
Debt figures can be understated where a filer splits borrowings across XBRL tags this site does not match.
Annual financials
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Revenue | CNY 41.13M | CNY 44.29M | CNY 19.76M | CNY 7.80M | CNY 8.01M | CNY 1.46M |
| Gross profit | CNY 14.92M | CNY 10.46M | CNY 12.17M | CNY 2.66M | CNY 2.87M | CNY 1.46M |
| Operating income | -CNY 58.27M | -CNY 57.99M | -CNY 36.90M | -CNY 56.25M | -CNY 44.95M | -CNY 16.01M |
| Net income | -CNY 68.72M | -CNY 47.92M | -CNY 19.34M | -CNY 45.92M | -CNY 41.40M | -CNY 5.51M |
| EPS (diluted) | -CNY 15.05 | -CNY 16.79 | n/c | n/c | n/c | n/c |
| Operating cash flow | -CNY 69.89M | -CNY 73.17M | -CNY 65.44M | -CNY 12.89M | -CNY 82.23M | -CNY 22.39M |
| Capital expenditure | CNY 500.0K | CNY 10.0K | CNY 881.0K | CNY 7.77M | CNY 9.57M | CNY 1.33M |
| Free cash flow | -CNY 70.39M | -CNY 73.18M | -CNY 66.32M | -CNY 20.66M | -CNY 91.80M | -CNY 23.73M |
| Total assets | CNY 378.80M | CNY 385.71M | CNY 428.99M | CNY 281.85M | CNY 353.67M | — |
| Shareholder equity | CNY 271.02M | CNY 291.47M | CNY 306.67M | CNY 165.94M | CNY 211.86M | CNY 290.08M |
| Total debt | CNY 18.97M | CNY 17.97M | CNY 9.50M | CNY 10.00M | CNY 9.00M | — |
| Cash | CNY 21.95M | CNY 23.43M | CNY 1.93M | CNY 4.88M | CNY 14.79M | CNY 126.68M |
A dash means the figure was not tagged in that year’s filing. It does not mean zero. Figures reflect the most recent filing covering each period, so restated years show their restated values.
Amounts are in CNY, as the company reports them. Nothing here is converted to dollars, so these figures cannot be compared directly against a company reporting in another currency. Margins, returns and other ratios are unaffected.
n/c marks per-share figures that are not comparable. Companies report each year as their filings stated it, and an annual report restates only its two prior years — so after a stock split, older years remain on the pre-split share count. Totals above are unaffected.
Source
Figures come from U Power Ltd’s filings with the SEC, as submitted in XBRL. The most recent annual figures are from a 20-F filed May 15, 2026. View filings on EDGAR.