EHang Holdings $EH

Industrials

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EHang Holdings (EH) is a Industrials company. Latest news and coverage below.

IPO: December 12, 2019 · $12.50 offering · NASDAQ · View IPO details →

EHang Holdings revenue & net income history (FY2017–FY2025)

RevenueNet income
CN¥456.2MCN¥64.0M−CN¥328.2MFY2017 revenue: CN¥31.7MFY2017 net income: −CN¥87.4M'17FY2018 revenue: CN¥66.5MFY2018 net income: −CN¥79.1M'18FY2019 revenue: CN¥121.8MFY2019 net income: −CN¥48.5M'19FY2020 revenue: CN¥180.1MFY2020 net income: −CN¥87.6M'20FY2021 revenue: CN¥56.8MFY2021 net income: −CN¥314.0M'21FY2022 revenue: CN¥44.3MFY2022 net income: −CN¥328.2M'22FY2023 revenue: CN¥117.4MFY2023 net income: −CN¥301.7M'23FY2024 revenue: CN¥456.2MFY2024 net income: −CN¥229.8M'24FY2025 revenue: CN¥418.0MFY2025 net income: −CN¥276.0M'25
EHang Holdings annual financial statements
FY2017Dec 2017FY2018Dec 2018FY2019Dec 2019FY2020Dec 2020FY2021Dec 2021FY2022Dec 2022FY2023Dec 2023FY2024Dec 2024FY2025Dec 2025
Income statement
RevenueCN¥31.7MCN¥66.5MCN¥121.8MCN¥180.1MCN¥56.8MCN¥44.3MCN¥117.4MCN¥456.2MCN¥418.0M
Growth (year over year)—+109.8%+83.2%+47.8%−68.5%−22.0%+165.0%+288.5%−8.4%
Gross profitCN¥4.18MCN¥33.7MCN¥71.2MCN¥106.2MCN¥36.0MCN¥29.2MCN¥75.3MCN¥279.9MCN¥257.2M
Gross margin13.2%50.8%58.5%59.0%63.4%65.9%64.1%61.4%61.5%
Operating income−CN¥125.9M−CN¥74.3M−CN¥46.3M−CN¥91.3M−CN¥320.5M−CN¥303.9M−CN¥296.3M−CN¥254.1M−CN¥316.7M
Operating margin−397.3%−111.8%−38.0%−50.7%−564.3%−685.9%−252.3%−55.7%−75.8%
Net income−CN¥87.4M−CN¥79.1M−CN¥48.5M−CN¥87.6M−CN¥314.0M−CN¥328.2M−CN¥301.7M−CN¥229.8M−CN¥276.0M
Net margin−275.9%−119.0%−39.9%−48.7%−552.7%−740.6%−256.9%−50.4%−66.0%
EPS (diluted)−CN¥1.67−CN¥1.39−CN¥1.24−CN¥0.80−CN¥2.78−CN¥2.86−CN¥2.48−CN¥1.71−CN¥1.88
Balance sheet
Cash and equivalentsCN¥61.5MCN¥61.5MCN¥321.7MCN¥137.8MCN¥246.9MCN¥249.3MCN¥228.3MCN¥610.9MCN¥256.4M
Total assets—CN¥124.7MCN¥449.4MCN¥484.5MCN¥535.4MCN¥530.9MCN¥598.6MCN¥1.58BCN¥1.99B
Total liabilities—CN¥62.2MCN¥134.1MCN¥206.8MCN¥201.4MCN¥406.2MCN¥384.4MCN¥628.7MCN¥923.2M
Long-term debt——CN¥32.5M—CN¥17.0MCN¥3.85MCN¥9.31MCN¥20.5MCN¥82.7M
Shareholders' equity−CN¥489.9M−CN¥545.5MCN¥311.6MCN¥276.3MCN¥332.6MCN¥124.3MCN¥213.8MCN¥955.6MCN¥1.07B
Cash flow
Operating cash flow−CN¥38.4M−CN¥43.0M−CN¥55.5M−CN¥151.7M−CN¥121.6M−CN¥173.5M−CN¥88.4MCN¥158.0M−CN¥179.5M
Capital expenditureCN¥11.8MCN¥4.93MCN¥2.74MCN¥8.74MCN¥15.6MCN¥12.2MCN¥7.83MCN¥39.0MCN¥147.9M
Free cash flow−CN¥50.2M−CN¥47.9M−CN¥58.3M−CN¥160.4M−CN¥137.3M−CN¥185.6M−CN¥96.2MCN¥119.0M−CN¥327.4M

From EHang Holdings's 20-F filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. Amounts are in Chinese Yuan (CNY), as reported, not converted to dollars. Per-share figures are per ordinary share, which is not always the share traded in the US: an ADS can stand for several, or for part of one. Filings on SEC EDGAR →

About EHang Holdings

Headquarters
Guangzhou, China From SEC filings, Oct 2026

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