U Power Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	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	22.7	23.44	1.93	4.88	14.79	121.43
Cash & Short-Term Investments	22.7	23.44	1.93	4.88	14.79	121.43
Cash Growth	-42.71%	1116.14%	-60.52%	-66.99%	-87.82%	-
Accounts Receivable	18.36	10.37	15.75	1.62	0.19	0.01
Inventory	12.98	9.87	5.44	5.46	13.45	0.2
Other Current Assets	86.39	61.39	140.08	42.06	99.88	13.69
Total Current Assets	140.42	105.08	163.2	54.01	128.3	135.33
Net Property, Plant & Equipment	20.65	24.86	33.42	35.53	35.76	5.49
Other Intangible Assets	0.1	0.13	0.2	0.29	0.61	0.05
Long-Term Investments	134.03	134.11	123.37	111.81	110	120
Other Long-Term Assets	100.83	121.53	108.8	80.21	79	67.85
Total Assets	396.03	385.71	428.99	281.85	353.67	328.71
Accounts Payable	17.23	14.31	10.23	11.13	9.8	1.31
Accrued Expenses	12.22	13.28	35.23	33.74	4.84	1.66
Short-Term Debt	17.17	17.97	14.5	-	-	3
Current Portion of Long-Term Debt	5.8	-	-	6.5	1.5	13
Current Portion of Leases	0.98	1.84	1.75	1.7	4.32	1.48
Unearned Revenue	1.7	1.09	2.54	3.26	53.68	8.71
Other Current Liabilities	8.02	8.41	10.63	2.83	2.69	0.15
Total Current Liabilities	63.12	56.9	74.88	59.15	76.82	29.31
Long-Term Debt	-	3.7	-	10	15.5	7
Long-Term Leases	2.93	4.14	5.98	4.79	3.67	2.32
Total Long-Term Liabilities	5.93	7.84	5.98	14.79	19.17	9.32
Total Liabilities	69.05	64.73	80.86	73.94	95.99	38.63
Additional Paid-in Capital	545.96	512.57	479.4	319.78	319.78	305.71
Accumulated Other Comprehensive Income	-	-	0.45	-	-	-
Retained Earnings	-243.1	-221.1	-173.18	-153.84	-107.92	-66.52
Total Common Shareholders' Equity	302.87	291.47	306.67	165.94	211.86	239.19
Minority Interest	24.11	29.51	37.95	39.08	45.82	50.89
Shareholders' Equity	326.97	320.98	344.62	205.02	257.68	290.08
Total Liabilities & Equity	396.03	385.71	428.99	281.85	353.67	328.71
Total Debt	26.89	27.65	22.23	22.99	24.98	26.81
Net Cash (Debt)	-4.19	-4.22	-20.3	-18.1	-10.19	94.62
Net Cash Per Share	-1.13	-1.48	-16.33	-36.21	-20.39	189.24
Book Value	302.87	291.47	306.67	165.94	211.86	239.19
Book Value Per Share	81.83	102.11	246.69	331.87	423.72	478.38
Tangible Book Value	302.77	291.34	306.47	165.65	211.25	239.15
Tangible Book Value Per Share	81.80	102.06	246.53	331.30	422.50	478.29

Updated Jun 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q