← EHang Holdings Ltd
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net loss | ($86.6m) | ($80.5m) | ($48.0m) | ($92.0m) | ($313.9m) | ($329.3m) | ($302.3m) | ($230.0m) | ($276.4m) | — | |
| Depreciation of property and equipment | — | — | — | $5.8m | $7.4m | $8.5m | $12.4m | $12.8m | $19.0m | $30.0m | |
| Amortization of intangible assets | — | — | — | $407k | $346k | $439k | $787k | $922k | $972k | — | |
| Amortization of right-of-use assets | — | — | — | — | — | $12.0m | $8.1m | $6.1m | $10.1m | — | |
| Amortization of debt discounts | — | — | — | — | — | $1.7m | $12.0m | $0 | $0 | — | |
| Deferred tax assets | $292k | ($135k) | ($49k) | $184k | $0 | $0 | $0 | $0 | ($7.0m) | — | |
| Share-based compensation | $32.2m | $22.3m | $14.7m | $54.9m | $121.1m | $96.9m | $151.5m | $273.1m | $246.2m | $246.2m | |
| Losses from equity method investments | — | $162k | $74k | $52k | $276k | ($196k) | $1.6m | $4.4m | $5.2m | — | |
| Cash paid for investments accounted for using equity method and other investments | — | ($300k) | — | — | ($700k) | ($4.5m) | ($10.1m) | ($19.6m) | ($34.7m) | — | |
| Accounts receivable | $2.2m | $3.4m | ($39.0m) | ($134.7m) | $39.3m | ($10.1m) | ($20.5m) | ($31.3m) | ($61.4m) | ($61.4m) | |
| Write-downs of inventories | — | — | — | $1.3m | $2.6m | $956k | $460k | $921k | $1.5m | — | |
| Inventories | $25.6m | ($2.5m) | ($12.3m) | ($29.3m) | ($36.0m) | ($3.3m) | $7.8m | ($21.6m) | ($35.7m) | ($35.7m) | |
| Accounts payable | ($18.4m) | $917k | $10.4m | $26.6m | ($7.7m) | ($10.1m) | $5.4m | $92.3m | $5.0m | $5.0m | |
| Loans receivable settled by accounts payable | — | — | — | — | — | $0 | $5.8m | $0 | $0 | — | |
| Accrued expenses and other liabilities | ($8.8m) | $6.0m | $14.2m | $7.7m | $11.4m | $36.3m | ($192k) | $57.6m | $61.6m | — | |
| Purchase of property and equipment included in Accrued expenses and other liabilities | — | — | — | $5.0m | $1.2m | $3.3m | $1.4m | $1.2m | $45.8m | ($160.4m) | |
| Prepayments and other assets | $7.3m | $7.3m | ($5.8m) | ($5.0m) | ($13.0m) | ($22.9m) | $10.7m | ($29.5m) | ($101.6m) | — | |
| Net cash flow (used in) generated from operating activities | ($38.4m) |
($43.0m)
-11.85%
|
($55.5m)
-29.16%
|
($151.7m)
-173.24%
|
($121.6m)
+19.82%
|
($173.5m)
-42.61%
|
($88.4m)
+49.03%
|
$158.0m
+278.67%
|
($179.5m)
-213.64%
|
($179.5m)
0.00%
|
|
| Losses on disposal of property and equipment | $169k | $159k | $28k | $456k | $820k | ($103k) | $138k | $682k | $34k | — | |
| Purchase of property and equipment | ($11.8m) | ($4.9m) | ($2.7m) | ($8.7m) | ($15.6m) | ($12.2m) | ($7.8m) | ($39.0m) | ($147.9m) | ($160.4m) | |
| Purchase of short-term investments | ($47.0m) | ($110.5m) | ($113.4m) | ($115.4m) | ($157.8m) | ($76.8m) | ($56.7m) | ($885.7m) | ($729.2m) | — | |
| Redemption of short-term investments | $8.0m | $149.5m | $105.7m | $72.0m | $140.8m | $151.4m | $0 | $444.8m | $418.7m | — | |
| Net cash flow used in investing activities | ($51.1m) | $25.3m | ($11.0m) | ($66.2m) | ($33.4m) | $56.4m | ($128.7m) | ($482.5m) | ($507.1m) | — | |
| Proceeds from short-term debts | — | — | — | — | — | $69.9m | $0 | $90.0m | $0 | — | |
| Repayment of short-term debts | — | — | — | — | — | — | ($69.9m) | ($90.0m) | $0 | — | |
| Net cash provided by financing activities | $34.3m |
$16.0m
-53.35%
|
$325.3m
+1933.14%
|
$42.7m
-86.88%
|
$266.9m
+525.46%
|
$106.7m
-60.01%
|
$195.5m
+83.14%
|
$701.4m
+258.79%
|
$337.4m
-51.89%
|
$337.4m
0.00%
|
|
| Net (decrease) increase in cash and cash equivalents | ($47.5m) | $64k | $260.1m | ($181.5m) | $106.8m | $2.3m | ($21.1m) | $382.6m | ($354.5m) | — | |
| Cash and cash equivalents at the beginning of the years | — | $61.5m | $321.7m | $140.2m | $247.0m | $249.3m | $228.2m | $610.9m | $256.4m | — | |
| Effect of exchange rate changes on cash and cash equivalents | $7.7m | $1.7m | $1.3m | ($6.3m) | ($5.1m) | $12.6m | $562k | $5.8m | ($5.3m) | ($5.3m) | |
| Additional Supplementary Disclosures | |||||||||||
| Additional Supplementary Disclosures | |||||||||||
| Interest expenses | — | — | — | — | — | — | $0 | ($707k) | ($25k) | — | |
| Interest and investment income | — | — | — | — | ($1.4m) | ($3.1m) | ($3.4m) | ($11.1m) | ($47.4m) | — | |
| Current expected credit losses | ($140k) | $231k | $619k | $13.3m | $56.5m | $47.8m | $13.7m | $12.8m | $7.9m | — | |
| Foreign currency exchange (gains) losses | — | — | — | — | $827k | $1.5m | ($394k) | $49k | ($372k) | — | |
| Contract liabilities | $916k | $4.7m | $4.0m | ($2.4m) | $7.1m | $4.5m | $17.8m | $25.4m | ($1.7m) | — | |
| Lease liabilities | — | — | — | — | — | ($8.8m) | ($3.7m) | ($2.7m) | ($5.8m) | — | |
| Deferred income | — | — | — | $3.7m | ($60k) | $1.5m | ($1.5m) | ($1.5m) | ($687k) | ($7.0m) | |
| Deferred government subsidies | $380k | ($80k) | ($80k) | ($80k) | ($430k) | $1.5m | $998k | ($1.9m) | ($526k) | — | |
| Income taxes payable | — | — | $5k | ($5k) | $4k | $3k | $22k | $121k | $1.7m | — | |
| Acquisition of non-controlling interests | — | — | — | — | — | — | ($6.9m) | $0 | $0 | — | |
| Payments for short-term deposits | — | — | — | — | — | — | ($14.2m) | ($130.1m) | $0 | — | |
| Proceeds received from maturity of short-term deposits | — | — | — | — | — | — | $0 | $143.8m | $0 | — | |
| Payments for restricted short-term deposits | — | — | — | — | — | — | ($33.4m) | ($39.5m) | ($29.1m) | — | |
| Proceeds received from maturity of restricted short-term deposits | — | — | — | — | — | — | $0 | $43.9m | $29.5m | — | |
| Purchases of land use rights | — | — | — | — | — | — | $0 | $0 | ($11.4m) | — | |
| Acquisition of intangible assets | — | ($19k) | ($999k) | ($337k) | ($51k) | ($1.7m) | ($1.3m) | ($1.1m) | ($1.1m) | — | |
| Loan to a related party | — | ($425k) | ($425k) | — | — | — | $0 | $0 | ($5.0m) | — | |
| Receipt of loans receivable from a related party | — | — | $850k | — | — | — | $0 | $0 | $3.0m | — | |
| Receipt of loans receivable from a third party | — | — | — | $40.0m | — | — | $1.7m | $0 | $0 | — | |
| Proceeds from short-term bank loans | — | $5.0m | $5.0m | $15.0m | $10.0m | $49.8m | $69.1m | $64.2m | $249.1m | — | |
| Repayment of short-term bank loans | — | — | ($5.0m) | ($5.0m) | ($15.0m) | ($10.0m) | ($49.8m) | ($69.1m) | ($83.8m) | — | |
| Proceeds from long-term bank loans | — | — | — | — | $20.0m | — | $10.0m | $25.0m | $75.0m | — | |
| Repayment of long-term bank loans | — | — | — | — | — | ($3.0m) | ($14.2m) | ($6.8m) | ($13.5m) | — | |
| Capital Injection By Non Controlling Interests | — | — | — | — | — | — | $0 | $0 | $70k | — | |
| Repayment of Mandatorily redeemable non-controlling interests | — | — | — | — | — | — | $0 | $0 | ($40.0m) | — | |
| Payment of share repurchase | — | — | — | — | — | — | $0 | ($10.1m) | $0 | — | |
| Capitalized professional service fee related to financing transactions | — | — | — | — | — | — | $0 | $0 | ($16.3m) | — | |
| Proceeds from issuance of Class A ordinary shares, net of issuance costs | — | — | — | $7.3m | $256.9m | $69.9m | $250.2m | $698.1m | $166.8m | — | |
| Interest paid | — | $307k | $249k | $342k | $1.2m | $1.5m | $2.2m | $3.4m | $6.7m | $6.7m | |
| Income taxes paid | — | $680k | $130k | $40k | $342k | $79k | $184k | $101k | $879k | — |