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U Power Limited (UCAR)
NASDAQ:UCAR
US Market
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U Power Limited (UCAR) AI Stock Analysis

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UCAR

U Power Limited

(NASDAQ:UCAR)

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Neutral 43 (OpenAI - Gpt-5.6Sol)
Rating:43Neutral
Price Target:
$0.65
▼(-31.26% Downside)
Action:Upgraded
Date:08/17/26
UCAR’s score is primarily constrained by very weak financial performance, driven by severe operating losses and substantial ongoing cash burn, despite a low-leverage balance sheet. Technicals add further pressure with a clear downtrend (price below major moving averages and negative MACD), while valuation metrics provide limited support because losses make the negative P/E difficult to interpret and no dividend yield is available.
Positive Factors
Low Balance-Sheet Leverage
Very low leverage provides financial flexibility and limits interest-related pressure compared with a highly indebted business. This gives U Power more capacity to fund infrastructure development or absorb operating volatility, although it does not offset continued losses.
Negative Factors
Severe Operating Losses
Extremely negative operating and net margins show that current activities are far from covering their cost base. Persistent losses limit internal reinvestment, weaken the equity base and make future growth dependent on achieving substantial operating improvement.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Balance-Sheet Leverage
Very low leverage provides financial flexibility and limits interest-related pressure compared with a highly indebted business. This gives U Power more capacity to fund infrastructure development or absorb operating volatility, although it does not offset continued losses.
Read all positive factors

U Power Limited (UCAR) vs. SPDR S&P 500 ETF (SPY)

U Power Limited Business Overview & Revenue Model

Company Description
Founded in 2013 and headquartered in Shanghai, People's Republic of China, U Power Limited is engaged in the new energy sector. The company primarily focuses on the conceptualization, manufacturing, and distribution of new energy vehicles and thei...
How the Company Makes Money
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U Power Limited Financial Statement Overview

Summary
Financial performance is weak overall. The income statement shows severe operating and net losses (2025 EBIT margin ~-187%, net margin ~-167%) and revenue volatility with a 2025 decline (~-15.8% YoY). Cash flow is a major negative with deeply negative operating and free cash flow in 2025 (OCF about -$69.9M; FCF about -$70.4M), indicating ongoing cash burn. The balance sheet is comparatively better with low leverage (debt-to-equity ~0.09), but persistent losses (ROE ~-25%) undermine the equity base over time.
Income Statement
18
Very Negative
Balance Sheet
62
Positive
Cash Flow
14
Very Negative
BreakdownDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue41.13M44.29M19.76M7.80M8.01M
Gross Profit14.92M10.46M12.17M2.66M2.87M
EBITDA-68.26M-46.45M-12.67M-49.19M-40.56M
Net Income-68.72M-47.92M-19.34M-45.92M-41.40M
Balance Sheet
Total Assets378.80M385.71M428.99M281.85M353.67M
Cash, Cash Equivalents and Short-Term Investments21.95M23.43M3.75M4.88M14.79M
Total Debt24.76M32.44M45.25M36.09M26.83M
Total Liabilities90.03M64.73M84.37M76.84M95.99M
Stockholders Equity271.02M291.47M306.67M165.94M211.86M
Cash Flow
Free Cash Flow-70.39M-73.18M-66.32M-20.69M-93.22M
Operating Cash Flow-69.89M-73.17M-65.44M-12.89M-82.23M
Investing Cash Flow23.83M49.09M-84.08M-11.39M-14.76M
Financing Cash Flow47.09M12.96M179.40M4.50M-4.00M

U Power Limited Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.95
Price Trends
50DMA
0.99
Negative
100DMA
1.23
Negative
200DMA
7.57
Negative
Market Momentum
MACD
-0.12
Positive
RSI
34.44
Neutral
STOCH
31.89
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For UCAR, the sentiment is Negative. The current price of 0.95 is above the 20-day moving average (MA) of 0.77, below the 50-day MA of 0.99, and below the 200-day MA of 7.57, indicating a bearish trend. The MACD of -0.12 indicates Positive momentum. The RSI at 34.44 is Neutral, neither overbought nor oversold. The STOCH value of 31.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for UCAR.

U Power Limited Risk Analysis

U Power Limited disclosed 86 risk factors in its most recent earnings report. U Power Limited reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

U Power Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$18.38B12.79-2.54%3.03%1.52%-15.83%
45
Neutral
$9.10M-0.02-282.34%91.89%
44
Neutral
$4.87M-0.01-17.61%
43
Neutral
$20.98M>-0.01-3.34%-7.02%-4.01%
43
Neutral
$87.82M-0.16103.06%-53.68%-128.53%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
UCAR
U Power Limited
0.63
-19.97
-96.92%
KXIN
Kaixin Auto Holdings
5.22
-305.28
-98.32%
JZXN
Jiuzi Holdings
1.14
-33.16
-96.68%
CTNT
Cheetah Net Supply Chain Service, Inc. Class A
1.51
-332.49
-99.55%
AZI
Autozi Internet Technology (Global) Ltd. Class A
1.29
-110.26
-98.84%

U Power Limited Corporate Events

U Power Raises $16 Million to Fund Hydrogen-Powered Data Center Strategy in Thailand
Aug 3, 2026
On August 3, 2026, U Power Limited entered into subscription agreements with four non-U.S. purchasers to issue 9,756,100 Class A ordinary shares at $1.64 per share, raising an aggregate $16 million, with the board approving the transaction. The of...
U Power Limited Names New Independent Director After June 30 Board Resignation
Jul 17, 2026
On June 30, 2026, U Power Limited received the resignation of independent director Jean Christophe Baron Von Pfetten, who also stepped down from the audit, compensation and nominating and corporate governance committees, with the company stating h...
U Power Forms Hydro Data JV and Wins Hydrogen-Based Energy Deal for Thai Data Center
Jun 9, 2026
On April 23, 2026, U Power Limited signed a joint venture agreement with Jiangsu Guofu Hydrogen Energy Equipment and Cloud Digital Chain to create Hydro Data Limited, a Hong Kong-based vehicle controlled by U Power to deliver AI-driven energy mana...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Aug 17, 2026