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U Power (U Power) Accumulated Depreciation : $-1.20 Mil (As of Dec. 2023)


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What is U Power Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

U Power's quarterly accumulated depreciation increased from Dec. 2022 ($-0.60 Mil) to Jun. 2023 ($-0.76 Mil) and increased from Jun. 2023 ($-0.76 Mil) to Dec. 2023 ($-1.20 Mil).

U Power's annual accumulated depreciation increased from Dec. 2021 ($-0.38 Mil) to Dec. 2022 ($-0.60 Mil) and increased from Dec. 2022 ($-0.60 Mil) to Dec. 2023 ($-1.20 Mil).

U Power Accumulated Depreciation Historical Data

The historical data trend for U Power's Accumulated Depreciation 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 Accumulated Depreciation Chart

U Power Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Accumulated Depreciation
-0.27 -0.38 -0.60 -1.20

U Power Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accumulated Depreciation Get a 7-Day Free Trial -0.38 -0.36 -0.60 -0.76 -1.20

U Power Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

U Power Accumulated Depreciation 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 » Accumulated Depreciation
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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.