Utime LTD 20-F annual reports
The annual report filed by foreign private issuers listed on a US exchange — the 10-K’s equivalent for non-US companies.
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Utime LTDUTime Limited reports a 21.8% revenue decrease for fiscal year 2026, driven by geopolitical disruptions and a shift in product focus, while also addressing material weaknesses in internal controls.
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Utime LTDUTime Limited reported a substantial increase in net loss to RMB 670.1 million for fiscal year 2025, driven by significant write-downs and share-based compensation, while pivoting towards AI-powered wearable devices and a new pharmaceutical division.
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Utime LTDUTime Limited's annual report on Form 20-F reveals a net loss of RMB 62.2 million for the fiscal year ended March 31, 2024, alongside ongoing efforts to address internal control weaknesses and navigate complex regulatory landscapes in China and the U.S.