U Power Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	23.44	1.93	4.88	14.79	121.43
Short-Term Investments	4.59	1.83	1.22	0.91	0.81
Cash & Short-Term Investments	28.03	3.76	6.1	15.69	122.24
Cash Growth	646.34%	-38.43%	-61.13%	-87.16%	-
Accounts Receivable	10.37	15.75	1.62	0.19	0.01
Other Receivables	23.38	9.29	9.41	6.93	0.9
Receivables	55.06	43.86	32.66	11.12	1.92
Inventory	9.87	5.44	5.46	13.45	0.2
Restricted Cash	1.24	34.31	1.03	10.9	5.25
Other Current Assets	10.88	75.83	8.77	77.14	5.73
Total Current Assets	105.08	163.2	54.01	128.3	135.33
Property, Plant & Equipment	24.86	33.42	35.53	35.76	5.49
Long-Term Investments	134.11	123.37	111.81	110	120
Other Intangible Assets	0.13	0.2	0.29	0.61	0.05
Other Long-Term Assets	39.8	72.77	80.18	79	67.85
Total Assets	385.71	428.99	281.85	353.67	328.71
Accounts Payable	14.31	10.23	11.13	9.8	1.31
Accrued Expenses	5.39	7.19	13.41	2.22	0.92
Short-Term Debt	19.96	28.02	13.1	1.85	3
Current Portion of Long-Term Debt	2.8	9.5	6.5	1.5	13
Current Portion of Leases	1.84	1.75	1.7	4.32	1.48
Current Income Taxes Payable	5.17	5.2	2.58	2.58	-
Other Current Liabilities	7.43	13	10.73	54.56	9.6
Total Current Liabilities	56.9	74.88	59.15	76.82	29.31
Long-Term Debt	3.7	-	10	15.5	7
Long-Term Leases	4.14	5.98	4.79	3.67	2.32
Other Long-Term Liabilities	-	3.51	2.9	-	-
Total Liabilities	64.73	84.37	76.84	95.99	38.63
Additional Paid-In Capital	512.57	479.4	319.78	319.78	305.71
Retained Earnings	-221.1	-173.18	-153.84	-107.92	-66.52
Comprehensive Income & Other	-	0.45	-	-	-
Total Common Equity	291.47	306.67	165.94	211.86	239.19
Minority Interest	29.51	37.95	39.08	45.82	50.89
Shareholders' Equity	320.98	344.62	205.02	257.68	290.08
Total Liabilities & Equity	385.71	428.99	281.85	353.67	328.71
Total Debt	32.44	45.25	36.09	26.83	26.81
Net Cash (Debt)	-4.41	-41.49	-29.99	-11.14	95.43
Net Cash Per Share	-1.55	-33.38	-59.98	-22.27	190.86
Filing Date Shares Outstanding	4.42	2.46	0.5	0.5	0.5
Total Common Shares Outstanding	3.97	1.24	0.5	0.5	0.5
Working Capital	48.18	88.32	-5.14	51.48	106.02
Book Value Per Share	73.49	246.69	331.87	423.72	478.38
Tangible Book Value	291.34	306.47	165.65	211.25	239.15
Tangible Book Value Per Share	73.45	246.53	331.30	422.50	478.29
Machinery	19.57	18.53	17.74	11.66	2.52
Construction In Progress	-	1.06	1.95	-	-
Leasehold Improvements	0.53	0.75	0.75	0.86	0.68

Updated Oct 4, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q