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U Power (U Power) Inventories, Inventories Adjustments : $-0.01 Mil (As of Dec. 2023)


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What is U Power Inventories, Inventories Adjustments?

U Power's Inventories, Inventories Adjustments for the quarter that ended in Dec. 2023 was $-0.01 Mil.

U Power's quarterly Inventories, Inventories Adjustments increased from Dec. 2022 ($-0.03 Mil) to Jun. 2023 ($-0.03 Mil) and increased from Jun. 2023 ($-0.03 Mil) to Dec. 2023 ($-0.01 Mil).

U Power's annual Inventories, Inventories Adjustments declined from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($-0.03 Mil) but then increased from Dec. 2022 ($-0.03 Mil) to Dec. 2023 ($-0.01 Mil).

U Power Inventories, Inventories Adjustments Historical Data

The historical data trend for U Power's Inventories, Inventories Adjustments 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 Inventories, Inventories Adjustments Chart

U Power Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Inventories, Inventories Adjustments
- - -0.03 -0.01

U Power Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Inventories, Inventories Adjustments Get a 7-Day Free Trial - - -0.03 -0.03 -0.01

U Power Inventories, Inventories Adjustments Calculation

Inventories, Inventories Adjustments represents certain charges made in the current period in inventory resulting from breakage, spoilage, employee theft and shoplifting, etc.

U Power (U Power) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » U Power Ltd (NAS:UCAR) » Definitions » Inventories, Inventories Adjustments
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Traded in Other Exchanges
N/A
Address
18th Floor, Building 3, Science and Technology Industrial Park, Yijiang District, Anhui Province, Wuhu, CHN, 241003
Website
http://www.upincar.com
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.