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U Power (U Power) Current Deferred Revenue : $0.40 Mil (As of Dec. 2023)


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What is U Power Current Deferred Revenue?

Current Deferred Revenue represents collections of cash or other assets related to revenue producing activity for which revenue has not yet been recognized. Generally, an entity records deferred revenue when it receives consideration from a customer before achieving certain criteria that must be met for revenue to be recognized in conformity with GAAP. It can be either current or non-current item. Also called unearned revenue.

U Power's current deferred revenue for the quarter that ended in Dec. 2023 was $0.40 Mil.

U Power Current Deferred Revenue Historical Data

The historical data trend for U Power's Current Deferred Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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U Power Current Deferred Revenue Chart

U Power Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Current Deferred Revenue
1.35 8.48 0.51 0.40

U Power Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Current Deferred Revenue Get a 7-Day Free Trial 8.48 3.14 0.51 0.73 0.40

U Power Current Deferred Revenue Related Terms

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U Power (U Power) Business Description

Traded in Other Exchanges
N/A
Address
18th Floor, Building 3, Science and Technology Industrial Park, Yijiang District, Anhui Province, Wuhu, CHN, 241003
U Power Ltd is involved in the provision of vehicle sourcing services. It is principally engaged in the provision of new energy vehicles development and sales; battery swapping stations manufactory and sales; battery swapping services and sourcing services. The company as a broker engaged in sales of vehicles between automobile wholesalers and buyers, including small and medium sized vehicle dealers and individual customers primarily located in the lower-tier cities in China, which are smaller and less developed than the tier-1 or tier-2 cities.