U Power (U Power) Scaled Net Operating Assets : 1.00 (As of Dec. 2023)

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What is U Power Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

U Power's operating assets for the quarter that ended in Dec. 2023 was $59.81 Mil. U Power's operating liabilities for the quarter that ended in Dec. 2023 was $5.48 Mil. U Power's Total Assets for the quarter that ended in Jun. 2023 was $54.35 Mil. Therefore, U Power's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 1.00.

U Power Scaled Net Operating Assets Historical Data

The historical data trend for U Power's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart

U Power Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Scaled Net Operating Assets

0.60

0.84

0.61

1.34

U Power Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Scaled Net Operating Assets	Get a 7-Day Free Trial			-	0.69	0.73	0.81	1.00

Competitive Comparison of U Power's Scaled Net Operating Assets

For the Auto & Truck Dealerships subindustry, U Power's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, U Power's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where U Power's Scaled Net Operating Assets falls into.

U Power Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

U Power's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2023 )
=	(Operating Assets (A: Dec. 2023 )	-	Operating Liabilities (A: Dec. 2023 ))	/	Total Assets (A: Dec. 2022 )
=	(59.811	-	5.478)	/	40.428
=	1.34

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	60.081	-	0.27
=	59.811

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	11.816	-	0.838	-	5.5
=	5.478

U Power's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2023 )
=	(Operating Assets (Q: Dec. 2023 )	-	Operating Liabilities (Q: Dec. 2023 ))	/	Total Assets (Q: Jun. 2023 )
=	(59.811	-	5.478)	/	54.353
=	1.00

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	60.081	-	0.27
=	59.811

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	11.816	-	0.838	-	5.5
=	5.478

U Power Scaled Net Operating Assets Related Terms

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U Power (U Power) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » U Power Ltd (NAS:UCAR) » Definitions » Scaled Net Operating Assets

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.