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UTime Ltd
CIK 1789299Updated Oct 20, 2026
SecurityFXHO · NASDAQ · equity
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WTO · NASDAQ · equity · closed Jul 1, 2026FXHO price & chart
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Recent filings
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Financials
FY 2026 · USDSource
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Source
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balance sheet · annual statements
| Line item | Q2 2026 | Q2 2025 | Q2 2024 | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| AssetsUSD | 61,782,000Source | — | 42,970,000Source | 64,817,000Source | 28,392,000Source | 91,606,000Source | 45,569,000Source |
| Property, Plant and Equipment, NetUSD | 5,153,000Source | — | 8,188,000Source | 4,957,000Source | 5,457,000Source | 7,637,000Source | 8,939,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 27,000Source | — | 148,000Source | 25,000Source | 28,000Source | 93,000Source | 244,000Source |
| Current assets: | |||||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 41,198,000Source | 105,345,000Source | 79,961,000Source | 37,957,000Source | 15,050,000Source | 10,807,000Source | — |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 7,188,000Source | — | 5,688,000Source | 266,000Source | — | 4,262,000Source | 7,612,000Source |
| Inventory, NetUSD | 659,000Source | — | 1,895,000Source | 556,000Source | 875,000Source | 1,651,000Source | 2,353,000Source |
| Assets, CurrentUSD | 56,048,000Source | — | 33,039,000Source | 59,401,000Source | 22,278,000Source | 81,478,000Source | 34,490,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 6,925,000Source | — | 14,121,000Source | 15,369,000Source | 6,275,000Source | 64,504,000Source | 13,899,000Source |
| Operating Lease, Right-of-Use AssetUSD | 165,000Source | — | 1,564,000Source | 130,000Source | 236,000Source | 1,379,000Source | 1,896,000Source |
| Other Assets, NoncurrentUSD | — | — | 31,000Source | — | — | 22,000Source | — |
| LIABILITIES AND EQUITY | |||||||
| LiabilitiesUSD | 56,204,000Source | — | 38,923,000Source | 44,832,000Source | 47,390,000Source | 40,500,000Source | 39,644,000Source |
| Stockholders’ equity: | |||||||
| Common Stock, Value, IssuedUSD | — | — | 1,000Source | — | 4,000Source | 39,000Source | 1,000Source |
| Additional Paid in CapitalUSD | 150,396,000Source | — | 30,155,000Source | 174,684,000Source | 100,998,000Source | 80,848,000Source | 31,507,000Source |
| Retained Earnings (Accumulated Deficit)USD | -122,147,000Source | — | -25,959,000Source | -131,451,000Source | -121,118,000Source | -29,433,000Source | -25,597,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 499,000Source | — | 532,000Source | -799,000Source | 1,833,000Source | 384,000Source | 503,000Source |
| Stockholders' Equity Attributable to ParentUSD | 6,307,000Source | — | 4,729,000Source | 20,738,000Source | -18,283,000Source | 51,838,000Source | 6,414,000Source |
| Liabilities and EquityUSD | 61,782,000Source | — | 42,970,000Source | 64,817,000Source | 28,392,000Source | 91,606,000Source | 45,569,000Source |
| Current liabilities: | |||||||
| Liabilities, CurrentUSD | 55,033,000Source | — | 35,598,000Source | 42,040,000Source | 45,991,000Source | 38,453,000Source | 35,752,000Source |
| Operating Lease, Liability, CurrentCNY | 1,160,000Source | — | 530,000Source | 1,141,000Source | 1,158,000Source | 3,938,000Source | 535,000Source |
| Accounts Payable, CurrentUSD | 25,754,000Source | — | 14,315,000Source | 14,656,000Source | 19,086,000Source | 14,953,000Source | 18,437,000Source |
| Operating Lease, Liability, NoncurrentCNY | 854,000Source | — | 1,245,000Source | 286,000Source | 1,429,000Source | 6,937,000Source | 1,583,000Source |
| Deferred Income Tax Liabilities, NetUSD | — | — | — | — | — | 18,000Source | — |
| Other Liabilities, NoncurrentUSD | — | — | 5,110,000Source | 1,906,000Source | — | — | 6,440,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | -729,000Source | — | -682,000Source | -753,000Source | -715,000Source | -732,000Source | -489,000Source |
| Additional Financial Items | |||||||
| Accounts Receivable, after Allowance for Credit LossCNY | 51,171,000Source | — | 40,838,000Source | 1,837,000Source | — | 30,240,000Source | 52,308,000Source |
| Accrued Liabilities, CurrentCNY | — | — | — | 2,632,000Source | — | — | — |
| Deferred Tax Liabilities, NetCNY | — | — | — | — | — | 125,000Source | 295,000Source |
| Long-term Debt, Current MaturitiesCNY | — | — | 150,000Source | 5,400,000Source | — | — | 157,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 801,000Source | — | 1,080,000Source | 722,000Source | 827,000Source | — | 1,080,000Source |
cash flow · annual statements
| Line item | Q2 2026 | Q2 2025 | Q2 2024 | Q2 2023 | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | — | -4,035,000Source | -92,341,000Source | -8,768,000Source | -13,101,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||
| Depreciation and amortization | — | — | — | — | —Source | —Source | —Source | —Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | — | — | — | 15,301,000Source | 1,253,000Source | 9,264,000Source |
| Changes in operating assets and liabilities: | ||||||||
| Increase (Decrease) in Accounts ReceivableUSD | — | — | — | — | -2,203,000Source | 3,075,000Source | -580,000Source | 4,011,000Source |
| Increase (Decrease) in InventoriesUSD | — | — | — | — | -945,000Source | 712,000Source | -628,000Source | -3,002,000Source |
| Increase (Decrease) in Accounts PayableUSD | — | — | — | — | -5,423,000Source | 4,466,000Source | -1,495,000Source | — |
| Deferred Income Tax Expense (Benefit)USD | — | — | — | — | — | — | -24,000Source | -25,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | -21,208,000Source | -4,374,000Source | -53,021,000Source | -2,203,000Source |
| Cash flows from investing activities: | ||||||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | -6,000Source | — | 778,000Source | -422,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | — | — | 6,000Source | — | 137,000Source | 377,000Source |
| Cash flows from financing activities: | ||||||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | 45,139,000Source | 7,159,000Source | 52,455,000Source | 2,662,000Source |
| Repayments of Long-term DebtUSD | — | — | — | — | — | — | 1,121,000Source | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | — | — | 22,949,000Source | 4,173,000Source | 668,000Source | 763,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 41,198,000Source | 105,845,000Source | 11,207,000Source | 74,982,000Source | 37,999,000Source | 15,050,000Source | 10,877,000Source | 10,541,000Source |
| Supplemental disclosure of cash flow information: | ||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | — | 471,000Source | — | 512,000Source | 887,000Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | — | — | -976,000Source | 1,388,000Source | 456,000Source | 725,000Source |
| Additional Financial Items | ||||||||
| AmortizationCNY | — | — | — | — | — | — | 40,000Source | — |
| Amortization of Intangible AssetsCNY | — | — | — | — | — | — | — | 295,000Source |
| Deferred Other Tax Expense (Benefit)CNY | — | — | — | — | — | — | — | 171,000Source |
| DepreciationCNY | — | — | — | — | 5,500,000Source | 5,600,000Source | 5,700,000Source | 4,600,000Source |
| Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of TaxUSD | — | — | — | — | — | — | -3,766,000Source | — |
| Foreign Currency Transaction Gain (Loss), before TaxCNY | — | — | — | — | — | — | — | -3,179,000Source |
| Foreign Currency Transaction Gain (Loss), UnrealizedCNY | — | — | — | — | — | — | 4,873,000Source | — |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | — | — | — | — | — | — | -27,000Source |
| General and Administrative ExpenseUSD | — | — | — | — | 3,646,000Source | 18,961,000Source | 5,738,000Source | 16,068,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | — | — | — | — | -4,035,000Source | -92,121,000Source | -4,734,000Source | — |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | — | -4,035,000Source | — | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | — | — | -220,000Source | -4,034,000Source | — |
| Income (Loss) from Equity Method InvestmentsCNY | — | — | — | — | — | — | — | 18,396,000Source |
| Income (Loss) from Equity Method Investments, Net of Dividends or DistributionsCNY | — | — | — | — | — | — | — | 87,616,000Source |
| Income Tax Expense (Benefit)USD | — | — | — | — | — | -8,000Source | -24,000Source | -25,000Source |
| InterestExpenseNonoperatingCNY | — | — | — | — | — | 3,927,000Source | — | — |
| Inventory Write-downUSD | — | — | — | — | -580,000Source | 1,356,000Source | 97,000Source | -59,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | — | — | -4,035,000Source | -92,341,000Source | -8,581,000Source | -12,751,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | — | — | — | — | — | -187,000Source | 350,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicCNY | — | — | — | — | — | -670,087,000Source | -60,884,000Source | -19,221,000Source |
| Nonoperating Income (Expense)CNY | — | — | — | — | — | — | 8,057,000Source | — |
| Operating Costs and ExpensesCNY | — | — | — | — | — | — | — | 69,220,000Source |
| Operating ExpensesUSD | — | — | — | — | 3,453,000Source | 92,564,000Source | 5,498,000Source | 16,606,000Source |
| Other Nonoperating Income (Expense)CNY | — | — | — | — | 27,335,000Source | -3,958,000Source | 915,000Source | — |
| Other Operating Income (Expense), NetUSD | — | — | — | — | 442,000Source | -72,635,000Source | 1,136,000Source | 538,000Source |
| Proceeds from Issuance of Common StockUSD | — | — | — | — | 46,735,000Source | 6,528,000Source | 49,331,000Source | — |
| Revenue from Contract with Customer, Including Assessed TaxCNY | — | — | — | — | 196,385,000Source | — | — | — |
income statement · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total RevenueUSD | 28,470,000Source | 34,588,000Source | 24,264,000Source | 29,184,000Source |
| Cost of Goods and Services Sold | —Source | —Source | —Source | —Source |
| Operating Income (Loss)USD | -3,168,000Source | -91,588,000Source | -4,248,000Source | -12,231,000Source |
| Other Nonoperating Income (Expense)CNY | 27,335,000Source | -3,958,000Source | 915,000Source | — |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -4,035,000Source | -92,129,000Source | -4,758,000Source | -13,126,000Source |
| Income Tax Expense (Benefit)USD | — | -8,000Source | -24,000Source | -25,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | — | -187,000Source | 350,000Source |
| Net Income (Loss) Attributable to ParentUSD | -4,035,000Source | -92,341,000Source | -8,581,000Source | -12,751,000Source |
| Earnings Per Share, BasicUSD per share | — | — | — | -1.14Source |
| Earnings Per Share, DilutedUSD per share | — | — | — | -1.14Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | 3,604,015Source | 16,550,762Source | 11,229,985Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 56,302Source | 3,604,015Source | 16,550,762Source | 11,229,985Source |
| Interest Expense (non-operating)CNY | — | 3,927,000Source | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsCNY | — | — | — | 295,000Source |
| Benefits, Losses and ExpensesCNY | 600,000Source | 900,000Source | 1,000,000Source | 1,300,000Source |
| Current Income Tax Expense (Benefit)CNY | — | -59,000Source | — | — |
| Depreciation, Depletion and Amortization, NonproductionUSD | 794,000Source | 781,000Source | 949,000Source | 843,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxCNY | — | — | — | -3,179,000Source |
| General and Administrative ExpenseUSD | 3,646,000Source | 18,961,000Source | 5,738,000Source | 16,068,000Source |
| Gross ProfitUSD | 285,000Source | 976,000Source | 1,250,000Source | 4,375,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | -4,035,000Source | -92,121,000Source | -4,734,000Source | — |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -4,035,000Source | — | — | — |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | -0.07Source | -0.03Source | -0.29Source | — |
| Income (Loss) from Continuing Operations, Per Diluted ShareCNY/shares | -0.49Source | — | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | -220,000Source | -4,034,000Source | — |
| Income (Loss) from Equity Method InvestmentsCNY | — | — | — | 18,396,000Source |
| Interest ExpenseUSD | 867,000Source | 541,000Source | 510,000Source | 895,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicCNY | — | -670,087,000Source | -60,884,000Source | -19,221,000Source |
| Net Income (Loss) from Continuing Operations Available to Common Shareholders, BasicCNY | — | — | — | -87,616,000Source |
| Nonoperating Income (Expense)CNY | — | — | 8,057,000Source | — |
| Operating Costs and ExpensesCNY | — | — | — | 69,220,000Source |
| Operating ExpensesUSD | 3,453,000Source | 92,564,000Source | 5,498,000Source | 16,606,000Source |
| Other Cost of Operating RevenueCNY | — | — | — | 1,600,000Source |
| Other IncomeCNY | 1,900,000Source | 2,900,000Source | 2,400,000Source | 600,000Source |
| Other Operating Income (Expense), NetUSD | 442,000Source | -72,635,000Source | 1,136,000Source | 538,000Source |
| Research and Development ExpenseCNY | 5,400,000Source | 9,500,000Source | 16,600,000Source | 16,000,000Source |
| Revenue from Contract with Customer, Including Assessed TaxCNY | 196,385,000Source | — | — | — |
| Selling ExpenseUSD | 249,000Source | 968,000Source | 896,000Source | 1,076,000Source |
Filing attachments
ex99-1.htm · 6-K · 2026-09-01
Exhibit 99.1 UTIME LIMITED 7 th Floor Building 5A Shenzhen Software Industry Base Nanshan, Shenzhen People’s Republic of China NOTICE OF EXTRAORDINARY GENERAL MEETING To be held on September 10, 2026 at 10:00 AM Eastern Time (or any adjournment or postponement thereof) To the Shareholders of UTime Limited Notice is hereby given that the Extraordinary General Meeting of UTime Limited (the “Extraordinary General Meeting” or “Meeting”), a Cayman Islands exempted company (the “Company”) wi…
Read attachment ↗ex99-1.htm · 6-K · 2026-08-27
Exhibit 99.1 UTime Limited Director Offer Letter August 25, 2026 Mr. Zhenhong Li: UTime Limited (the “Company”) is pleased to inform you that, upon the recommendation of the Nominating and Corporate Governance Committee and approval by the Board of Directors of the Company on August 25, 2026, you are hereby appointed as an independent director of the Company, effective August 25, 2026. Your appointment is to fill the vacancies resulting from the resignation of Mr. Hailin Xie. Your position…
Read attachment ↗ex107.htm · S-8 · 2026-07-27
Calculation of Filing Fee Tables S-8 UTime Ltd ──────────────────────────────────── Table 1: Newly Registered Securities ──────────────────────────────────────── Security Type Security Class Title Fee Calculation Rule Amount Registered Proposed Maximum Offering Price Per Unit Maximum Aggregate Offering Price Fee Rate Amo…
Read attachment ↗ex4-1.htm · S-8 · 2026-07-27
Exhibit 4.1 RESTRICTED STOCK UNIT GRANT AGREEMENT UTIME Ltd. THIS RESTRICTED STOCK GRANT AGREEMENT (“ Agreement ”) is entered into as of the ________ day of _____________, 2026 (the “ Date of Issuance ”) BETWEEN: Utime Ltd., a company incorporated pursuant to the laws of the Cayman Islands (the “ Company ”) AND: _______________________________________________________ (the “ Participant ”). WHEREAS: A. The Board of Directors of the Company (the “ Board ”) have approved and adopted Utim…
Read attachment ↗ex4-1.htm · 6-K · 2026-05-21
Exhibit 4.1 THIS WARRANT AND THE SHARES ISSUABLE UPON EXERCISE OF THIS WARRANT HAVE NOT BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND THE RULES AND REGULATIONS PROMULGATED THEREUNDER (THE “SECURITIES ACT”). UTIME LIMITED WARRANT FOR THE PURCHASE OF SHARES Date: Number May [*], 2026 of Shares: [*] ───────────────────────────────────── For Value Received, UTime Limited, …
Read attachment ↗