U Power Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	41.13	44.29	19.76	7.8	8.01
Revenue Growth	-7.15%	124.09%	153.52%	-2.67%	447.13%
Cost of Revenue	26.21	33.83	7.59	5.14	5.14
Gross Profit	14.92	10.46	12.17	2.66	2.87
Selling, General & Admin	55.99	49.7	43.7	39.76	42.45
Research & Development	4.6	2.99	2.18	9.35	5.37
Operating Expenses	73.18	57.95	47.08	58.91	47.82
Operating Income	-58.27	-47.49	-34.91	-56.25	-44.95
Interest Expense	-0.19	-1.4	-1.86	-0.76	-0.7
Interest & Investment Income	2.83	0.74	0.56	0.05	0.44
Other Non Operating Income (Expenses)	-21.27	2.29	15.35	-0.7	-1.27
EBT Excluding Unusual Items	-76.9	-45.86	-20.86	-57.66	-46.48
Asset Writedown	-	-10.5	-2	-	-
Pretax Income	-76.9	-56.36	-22.85	-57.66	-46.48
Income Tax Expense	3.58	-	2.61	0.01	2.58
Earnings From Continuing Operations	-80.48	-56.36	-25.47	-57.67	-49.06
Minority Interest in Earnings	11.76	8.44	6.13	11.75	7.67
Net Income	-68.72	-47.92	-19.34	-45.92	-41.4
Net Income to Common	-68.72	-47.92	-19.34	-45.92	-41.4
Net Income Growth	-	-	-	-	-
Shares Outstanding (Basic)	0	0	-	-	-
Shares Outstanding (Diluted)	0	0	-	-	-
Shares Change	60.00%	-	-	-	-
EPS (Basic)	-3009.15	-3357.53	-	-	-
EPS (Diluted)	-3009.15	-3357.53	-	-	-
EPS Growth	-	-	-	-	-

Additional Metrics

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Free Cash Flow	-70.39	-73.18	-66.32	-20.66	-91.8
Free Cash Flow Per Share	-3082.45	-5127.16	-	-	-
Gross Margin	36.27%	23.62%	61.59%	34.11%	35.87%
Operating Margin	-141.68%	-107.21%	-176.62%	-721.51%	-561.19%
Profit Margin	-167.10%	-108.20%	-97.84%	-589.03%	-516.84%
Free Cash Flow Margin	-171.17%	-165.23%	-335.57%	-265.02%	-1146.09%
EBITDA	-56.22	-44.5	-32.3	-54.16	-43.18
EBITDA Margin	-136.72%	-100.47%	-163.43%	-	-
D&A For EBITDA	2.04	2.99	2.61	2.09	1.77
EBIT	-58.27	-47.49	-34.91	-56.25	-44.95
EBIT Margin	-141.68%	-107.21%	-176.62%	-	-
Revenue as Reported	41.13	44.29	19.76	7.8	8.01

SEC Filings: 10-K · 10-Q