U Power Limited (UCAR)

U Power Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	-46.4	-47.92	-19.34	-45.92	-41.4	-5.51
Depreciation & Amortization	8.82	8.44	8.24	7.7	5.22	1.41
Other Amortization	0.07	0.07	0.09	-	-	-
Asset Writedown & Restructuring Costs	-	-	1.9	-	-	-
Loss (Gain) From Sale of Investments	10.24	10.5	0.1	-	-	-
Loss (Gain) on Equity Investments	0.3	0.3	0.09	0.04	-	-
Provision & Write-off of Bad Debts	1.89	5.26	1.2	9.8	-	-
Other Operating Activities	-10.94	-8.52	-6.13	-9.82	-7.67	-1.02
Change in Accounts Receivable	-1.37	3.81	-14.17	-1.42	-0.18	0.38
Change in Inventory	-1.73	-2.86	-3.82	68.9	-84.4	-4.5
Change in Accounts Payable	-0.91	4.08	-0.9	1.33	8.49	0.17
Change in Unearned Revenue	0.4	-1.45	-0.72	-50.42	44.96	-18.07
Change in Income Taxes	0.3	-0.03	2.62	-0	2.58	-
Change in Other Net Operating Assets	-37.99	-44.85	-34.6	6.92	-9.84	4.75
Operating Cash Flow	-77.33	-73.17	-65.44	-12.89	-82.23	-22.39
Capital Expenditures	0.25	-0.01	-0.88	-7.77	-9.57	-1.33
Sale of Property, Plant & Equipment	0.13	0.13	-	-	-	-
Sale (Purchase) of Intangibles	-	-	-	-0.03	-1.42	-
Investment in Securities	-0.74	-0.74	-11.75	-1.85	10	-120
Other Investing Activities	-20	-	-45.6	-	-0.33	-0.79
Investing Cash Flow	35.69	49.09	-84.08	-11.39	-14.76	-133.14
Short-Term Debt Issued	-	10.17	5	-	-	-
Long-Term Debt Issued	-	-	15.01	-	11	20
Total Debt Issued	12.17	10.17	20.01	-	11	20
Short-Term Debt Repaid	-	-	-	-	-3	-
Long-Term Debt Repaid	-	-23.09	-1.8	-0.5	-13	-
Total Debt Repaid	-25.4	-23.09	-1.8	-0.5	-16	-
Net Debt Issued (Repaid)	-13.23	-12.92	18.21	-0.5	-5	20
Issuance of Common Stock	59.27	25.87	156.2	-	-	-
Other Financing Activities	-23.08	-	5	5	1	255.62
Financing Cash Flow	22.96	12.96	179.4	4.5	-4	275.62
Foreign Exchange Rate Adjustments	1.16	-0.45	0.45	-	-	-
Net Cash Flow	-17.52	-11.57	30.33	-19.78	-100.99	120.08
Free Cash Flow	-77.09	-73.18	-66.32	-20.66	-91.8	-23.73
Free Cash Flow Margin	-157.87%	-165.23%	-335.57%	-265.02%	-1146.09%	-1620.56%
Free Cash Flow Per Share	-17.44	-25.64	-53.35	-41.32	-183.60	-47.45
Levered Free Cash Flow	-19.47	57.02	-129.3	-2.34	-76.49	-
Unlevered Free Cash Flow	-18.98	57.89	-128.14	-1.86	-76.05	-
Change in Working Capital	-41.31	-41.3	-51.59	25.3	-38.39	-17.27

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q