EHang Holdings Ltd
EH Nasdaq· Aircraft Parts & Auxiliary Equipment, Nec
Last close · Oct 26, 2026
$3.52
KIRA · Stoqly’s AI analyst, in plain words
- EHang Holdings Ltd had $58.2M of revenue in fiscal 2025, down 8.3% on the year before. Over five years, revenue changed +17.4% a year on average.
- Its operating margin was −75.8%, down 20.1 pts: of every 100 in sales, about −76 is left after running the business.
- EHang Holdings Ltd lost $38.4M in fiscal 2025.
- Free cash flow was −$45.6M in fiscal 2025, −78.3% of revenue.
- EHang Holdings Ltd has $144M more cash than debt.
Market cap
$0.3M
P/E
—
Revenue
$58.2M
Net income
−$38.4M
Free cash flow
−$45.6M
Operating margin
−75.8%
EHang Holdings Ltd in 30 seconds · fiscal 2025
Are sales growing?
−8.3%
No. Sales fell 8.3% last year.
Does it make a profit?
−66.0%
No. It lost money last year.
Does profit turn into cash?
−78.3%
No. It spent more cash than it brought in.
How healthy are the accounts?
3 / 9
Weak. It passes 3 of 9 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What EHang Holdings Ltd does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 20-F · May 15, 2026
- Legal name
- EHang Holdings Ltd
- CIK
- 0001759783
EHang Holdings Ltd · EH
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $8.8M | $6.6M | $16.6M | $63.4M | $58.2M |
| Revenue growth | −66.2% | −25.3% | 151.9% | 282.3% | −8.3% |
| Gross margin | 63.4% | 65.9% | 64.1% | 61.4% | 61.5% |
| Operating margin | −564.3% | −685.9% | −252.3% | −55.7% | −75.8% |
| Net income | −$48.7M | −$48.7M | −$42.6M | −$31.9M | −$38.4M |
| Net margin | −552.7% | −740.6% | −256.9% | −50.4% | −66.0% |
| Diluted EPS | −$0.86 | −$0.85 | −$0.70 | −$0.48 | −$0.52 |
| Cash | |||||
| Cash from operations | −$18.9M | −$25.8M | −$12.5M | $21.9M | −$25.0M |
| Capital expenditure | $2.4M | $1.8M | $1.1M | $5.4M | $20.6M |
| Free cash flow | −$21.3M | −$27.6M | −$13.6M | $16.5M | −$45.6M |
| FCF margin | −241.6% | −418.9% | −82.0% | 26.1% | −78.3% |
| Share count change | 3.1% | 1.6% | 5.9% | 10.5% | 9.2% |
| Debt and strength | |||||
| Cash and short-term investments | $49.1M | $36.1M | $40.2M | $154M | $157M |
| Debt incl. finance leases | $3.1M | $2.5M | $1.8M | $4.2M | $13.2M |
| Shareholders' equity | $52.4M | $18.0M | $30.1M | $131M | $153M |
| Current ratio | 3.5x | 1.4x | 1.8x | 2.9x | 2.1x |
| Interest coverage | −177.8x | −141.7x | −101.1x | −75.3x | −53.0x |
| Returns and quality | |||||
| Return on capital | −613.8% | — | — | — | −394.4% |
| Return on equity | −102.9% | −138.5% | −177.1% | −39.7% | −27.1% |
| Return on tangible equity | −93.2% | −275.0% | −143.2% | −24.5% | −25.2% |
| Piotroski F-score | 4 | 3 | 5 | 6 | 3 |
| Altman Z'' | −4.9 | −11.2 | −10.1 | 0.1 | −1.0 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
EHang Holdings Ltd · EH
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $3.52 a share, the company is worth $0.3M.
Source: SEC EDGAR XBRL filings (CIK 0001759783). Data updated October 24, 2026. Filed in CNY under US GAAP and converted to US$: income and cash-flow lines at each period's average exchange rate, balance-sheet lines at the period-end rate. For information only — not investment advice. Check the original filings before relying on any figure.