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 23.6% as of September 2025. Working capital of $77.30 Million (current assets of $140.42 Million minus current liabilities of $63.12 Million) is measured against net assets of $326.97 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See U Power Limited Ordinary Shares balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
U Power Limited Ordinary Shares Working Capital to Net Assets (2020–2024)
This chart shows how U Power Limited Ordinary Shares's Working Capital to Net Assets ratio has evolved across 5 annual periods from 2020 to 2024. As of September 2025, the ratio stands at 23.6%, reflecting working capital of $77.30 Million against net assets of $326.97 Million USD. Check UCAR tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for U Power Limited Ordinary Shares (2020–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for U Power Limited Ordinary Shares from 2020 to 2024, covering 5 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. For live market cap and the full company profile, see how much is U Power Limited Ordinary Shares worth.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (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 | — |