U Power Ltd (UCAR)
U Power Ltd reported revenue of $5.9M in fiscal 2025, down 3.6% from a year earlier. It posted a net loss of $9.8M. In fiscal 2025 capital spending exceeded operating cash flow by $10M. At December 31, 2025 it held $3.1M in cash against $2.7M of debt. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on May 15, 2026.
What U Power Ltd does
U Power Ltd is registered with the SEC under industry code SIC 3690 (Miscellaneous Electrical Machinery, Equipment & Supplies). Its shares trade on NASDAQ under the ticker UCAR.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $5.9M | -$9.8M | -$2.14 | -$10M |
| 2024 | $6.1M | -$6.6M | -$2.30 | -$10M |
| 2023 | $2.8M | -$2.7M | -$0.22 | -$9.3M |
| 2022 | $1.1M | -$6.7M | -$0.13 | -$3M |
Full financial statements: income, balance sheet and cash flow
Where UCAR ranks in Other
Latest SEC filings
What U Power Ltd has filed recently, newest first. Each links to the original document on SEC EDGAR.
- September 3, 2026
- August 26, 2026
- August 10, 2026Form F-3/A filing F-3/A
- August 3, 2026Form F-3 filing F-3
- August 3, 2026
- August 3, 2026Passive stake changed SCHEDULE 13G/A
- July 16, 2026
- June 9, 2026
- May 28, 2026Form F-3 filing F-3
- May 15, 2026Passive stake changed SCHEDULE 13G/A
Insider trades
What the people running U Power Ltd did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider trades were reported in the last 90 days.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| May 6, 2026 | Jia LiChief Executive Officer, Director | Bought | 1,829,269 | $3M |
Who owns UCAR
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Big Benefit Ltd.13G, passive with 1 related filers | 15.03% | October 15, 2024 |
Largest institutional holders
Insiders
1 insiders reported holding 1,829,269 shares in total, about $8.1M at the last price.
| Holder | Shares |
|---|---|
| Jia LiChief Executive Officer, Director | 1,829,269 |
Questions about UCAR
What does U Power Ltd do?
U Power Ltd is registered with the SEC under industry code SIC 3690 (Miscellaneous Electrical Machinery, Equipment & Supplies). Its shares trade on NASDAQ under the ticker UCAR.
Is U Power Ltd profitable?
No. In fiscal 2025 it reported a net loss of $9.8M on revenue of $5.9M.
How much revenue does U Power Ltd make?
In fiscal 2025 U Power Ltd reported revenue of $5.9M. That is 3.6% less than a year earlier.
When did U Power Ltd last report?
Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on May 15, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the foreign issuer update from September 3, 2026.
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Follow UCAR: get an email when it filesWhere the numbers come from
Financial figures are the values U Power Ltd tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.