U Power Limited Ordinary Shares (UCAR) — Working Capital to Net Assets Ratio
U Power Limited Ordinary Shares (UCAR) has a Working Capital to Net Assets ratio of 22.7% as of March 2026. Working capital of $65.54 Million (current assets of $147.40 Million minus current liabilities of $81.86 Million) is measured against net assets of $288.77 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See UCAR defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
U Power Limited Ordinary Shares Working Capital to Net Assets (2020–2025)
This chart shows how U Power Limited Ordinary Shares's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2020 to 2025. As of March 2026, the ratio stands at 22.7%, reflecting working capital of $65.54 Million against net assets of $288.77 Million USD. For the complete balance sheet picture, see U Power Limited Ordinary Shares balance sheet assets.
Annual Working Capital to Net Assets for U Power Limited Ordinary Shares (2020–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for U Power Limited Ordinary Shares from 2020 to 2025, covering 6 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check UCAR financial resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 22.7% | $65.54 Million | $288.77 Million | $147.40 Million | $81.86 Million | ▲ +7.7 pp |
| 2024 | 15.0% | $48.18 Million | $320.98 Million | $105.08 Million | $56.90 Million | ▼ -10.6 pp |
| 2023 | 25.6% | $88.32 Million | $344.62 Million | $163.20 Million | $74.88 Million | ▲ +28.1 pp |
| 2022 | -2.5% | $-5.14 Million | $205.01 Million | $54.01 Million | $59.15 Million | ▼ -22.5 pp |
| 2021 | 20.0% | $51.48 Million | $257.68 Million | $128.30 Million | $76.82 Million | ▼ -16.6 pp |
| 2020 | 36.5% | $106.02 Million | $290.08 Million | $135.33 Million | $29.31 Million | — |