UCAR (U Power) Pre-Tax Income : $-3.20 Mil (TTM As of Dec. 2023)

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What is U Power Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. U Power's pretax income for the six months ended in Dec. 2023 was $-2.38 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $-3.20 Mil. U Power's pretax margin was -95.28%.

During the past 4 years, U Power's highest Pretax Margin was -115.61%. The lowest was -739.80%. And the median was -513.06%.

U Power Pre-Tax Income Historical Data

The historical data trend for U Power's Pre-Tax Income 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 Pre-Tax Income Chart

U Power Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Pre-Tax Income

-1.00

-7.30

-8.27

-3.20

U Power Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Pre-Tax Income	Get a 7-Day Free Trial			-4.69	-1.94	-6.41	-0.82	-2.38

Competitive Comparison of U Power's Pre-Tax Income

For the Auto & Truck Dealerships subindustry, U Power's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

U Power's Pre-Tax Income Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, U Power's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where U Power's Pre-Tax Income falls into.

U Power Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

U Power's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	-4.889	+	1.87	+	-0.26	+	0.079	+	-0.0010000000000003
	=	-3.20

U Power's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	-2.013	+	-0.254	+	-0.191	+	0.074	+	0
	=	-2.38

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-3.20 Mil.

U Power (NAS:UCAR) Pre-Tax Income Explanation

U Power's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	-2.384	/	2.502
	=	-95.28%

During the past 4 years, U Power's highest Pretax Margin was -115.61%. The lowest was -739.80%. And the median was -513.06%.

U Power Pre-Tax Income Related Terms

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U Power Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » U Power Ltd (NAS:UCAR) » Definitions » Pre-Tax Income

Comparable Companies

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.