4 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $6M | -$10M | 36.3% | -141.7% | -$10M | — | $3M |
| 2024 | $6M | -$7M | 23.6% | -130.9% | -$10M | — | $3M |
| 2023 | $3M | -$3M | 61.6% | -186.8% | -$9M | — | $271000 |
| 2022 | $1M | -$7M | 34.1% | -721.0% | -$3M | $942000 | $708000 |
How the market has priced UCAR against its own fundamentals since 2023-04 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 3 years, U Power Ltd's revenue has grown 73.0% per year. These are computed facts, not advice.
As of FY2025, U Power Ltd reported — of total debt against $3M of cash; operating income covered interest expense -307.0×.
In FY2025, gross margin was 36.3%, operating margin -141.7%, and net margin -167.1%.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.