FXHO vs UCAR
UTime Ltd. and U Power Ltd., side by side — 6 fiscal years reported in CNY, drawn from SEC filings.
Most recent reported year
| Metric | FXHO | UCAR |
|---|---|---|
| Revenue | CNY 196.4M | CNY 41.1M |
| Net income | CNY -27.8M | CNY -68.7M |
| Gross margin | 1.0% | 36.3% |
| Net margin | −14.2% | −195.7% |
| Return on equity | · | −24.4% |
| Diluted EPS | · | −CNY 15.05 |
| Dividend / share | · | · |
| Payout ratio | · | · |
| Free cash flow | CNY -146.3M | CNY -70.4M |
| Equity | CNY 143.1M | CNY 271.0M |
| Net debt / equity | −1.76× | −0.01× |
| Current ratio | 1.41× | 1.80× |
| Revenue CAGR 5y | −4.5% | 94.9% |
| Profit CAGR 5y | · | · |
FXHO bills 4.8× the revenue of UCAR, and both closed the last reported year at a loss.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
6 years side by side
| Fiscal year | FXHO | UCAR |
|---|---|---|
| FY2025 | CNY 196.4M | CNY 41.1M |
| FY2024 | CNY 251.0M | CNY 44.3M |
| FY2023 | CNY 172.2M | CNY 19.8M |
| FY2022 | CNY 197.6M | CNY 7.8M |
| FY2021 | CNY 275.5M | CNY 8.0M |
| FY2020 | CNY 246.9M | CNY 1.5M |
Bottom line
| Fiscal year | FXHO | UCAR |
|---|---|---|
| FY2025 | CNY -27.8M | CNY -68.7M |
| FY2024 | CNY -670.1M | CNY -47.9M |
| FY2023 | CNY -60.9M | CNY -19.3M |
| FY2022 | CNY -87.6M | CNY -45.9M |
| FY2021 | CNY -38.8M | CNY -41.4M |
| FY2020 | CNY -16.6M | CNY -5.5M |
6 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +CNY 155,260,000 | FXHO |
| FY2024 | +CNY 206,707,000 | FXHO |
| FY2023 | +CNY 152,392,000 | FXHO |
| FY2022 | +CNY 189,768,000 | FXHO |
| FY2021 | +CNY 267,498,000 | FXHO |
| FY2020 | +CNY 245,435,000 | FXHO |
FXHO has reported the higher revenue in every one of these 6 fiscal years. The gap has narrowed since the earliest year compared.
6 of 8 comparable fiscal years — a year missing data on either side is not counted.
6 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +181.5 pp | FXHO |
| FY2024 | −139.7 pp | UCAR |
| FY2023 | +92.7 pp | FXHO |
| FY2022 | +694.1 pp | FXHO |
| FY2021 | +598.3 pp | FXHO |
| FY2020 | +439.3 pp | FXHO |
The higher net margin has changed hands between FXHO and UCAR over this period.
6 of 8 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
UCAR's net margin has been more volatile than FXHO's over the 6 comparable fiscal years — 241.0 percentage points of standard deviation against 91.8.
6 of 8 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between FXHO and UCAR over these 6 fiscal years — FXHO led in 5 and UCAR in 1.
6 of 8 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
FXHO's return on equity has been more volatile than UCAR's over the 3 comparable fiscal years — 53.7 percentage points of standard deviation against 6.8.
3 of 8 comparable fiscal years — a year missing data on either side is not counted.
Year by year
UCAR led in return on equity in every one of the 3 comparable fiscal years — a structural lead, not a recent swing.
3 of 8 comparable fiscal years — a year missing data on either side is not counted.