EH Chart
About

EHang Holdings Limited operates as an urban air mobility (UAM) technology platform company in the People's Republic of China, East Asia, West Asia, North America, South America, West Africa, and Europe. It designs, develops, manufactures, sells, and operates UAVs, as well as supporting systems and infrastructure for various industries and applications, including passenger transportation, logistics, smart city management, and aerial media solutions. The company's product portfolio includes EH216 series, the VT series, the Falcon B, and the GD series. It also offers airborne operating systems, including autopilot and flight control, communication, battery management system, and safety management systems; and command-and-control system. In addition, the company has built a digital UAM operational platform architecture and visualized flight operation module for managing the EH216-S flight schedule, ground crew, vertiports and landing pads, and other factors for the entire front-line UAM operational process. Further, it offers vertiports for eVTOL aircraft operations and mobility efficiency; and charging piles for eVTOL aircraft. Additionally, the company provides air mobility solutions; smart city management, which centralizes and coordinates a range of UAV applications; and aerial media solutions for drone light shows. EHang Holdings Limited was incorporated in 2014 and is headquartered in Guangzhou, the People's Republic of China.

Fundamentals
Scroll to Statements
Sector Industrials Industry Aerospace & Defense Market Cap 905.57M
Enterprise Value 1.24B Income -287.89M Sales 430.00M
Book/sh 2.05 Cash/sh 7.38 Dividend Yield —
Payout 0.00% Employees 483 IPO —
P/E — Forward P/E 38.69 PEG —
P/S 2.11 P/B 6.14 P/C —
EV/EBITDA -4.11 EV/Sales 2.88 Quick Ratio 1.90
Current Ratio 2.33 Debt/Eq 44.50 LT Debt/Eq —
EPS (ttm) -0.58 EPS next Y 0.33 EPS Growth —
Revenue Growth -27.80% Earnings 2026-03-12 ROA -11.90%
ROE -32.06% ROIC — Gross Margin 61.46%
Oper. Margin -99.18% Profit Margin -66.95% Shs Outstand 52.47M
Shs Float 106.41M Short Float 12.76% Short Ratio 7.88
Short Interest — 52W High 25.79 52W Low 11.23
Beta 0.95 Avg Volume 786.60K Volume 357.90K
Target Price $22.48 Recom None Prev Close $12.25
Price $12.58 Change 2.69%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$22.48
Mean price target
2. Current target
$12.58
Latest analyst target
3. DCF / Fair value
$22.48
Proxy: analyst mean price target (no FCF/EPS data available).
Ratings
Current target
$12.58
Low
$12.14
High
$28.96
Mean
$22.48

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-11-25 down JP Morgan Overweight → Neutral $13
2025-08-21 init JP Morgan — → Overweight $26
2025-05-27 main B of A Securities Buy → Buy $24
2025-05-14 init B of A Securities — → Buy $26
2025-05-05 init Jefferies — → Buy $30
2025-04-14 up Deutsche Bank Hold → Buy $20
2025-01-02 init CICC — → Outperform —
2024-08-28 init UBS — → Buy $22
2024-05-06 init Morgan Stanley — → Overweight $28
2022-10-27 init Goldman Sachs — → Neutral $4
2021-04-13 down Morgan Stanley Overweight → Equal-Weight $33
2020-02-07 init Needham — → Buy $14
Insider Transactions

No recent insider transactions.

Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems-297.00K98.50K-372.00K-206.75K
TaxRateForCalcs0.250.250.250.25
NormalizedEBITDA-200.93M-264.66M-303.25M-303.08M
TotalUnusualItems-1.19M394.00K-1.49M-827.00K
TotalUnusualItemsExcludingGoodwill-1.19M394.00K-1.49M-827.00K
NetIncomeFromContinuingOperationNetMinorityInterest-229.78M-301.70M-328.22M-313.96M
ReconciledDepreciation19.80M21.36M20.89M7.77M
ReconciledCostOfRevenue176.21M42.12M15.10M20.78M
EBITDA-202.12M-264.26M-304.74M-303.91M
EBIT-221.92M-285.62M-325.63M-311.68M
NetInterestIncome27.22M-6.47M850.00K3.34M
InterestExpense3.38M14.95M3.82M1.80M
InterestIncome30.60M8.48M4.67M5.14M
NormalizedIncome-228.88M-302.00M-327.11M-313.34M
NetIncomeFromContinuingAndDiscontinuedOperation-229.78M-301.70M-328.22M-313.96M
TotalExpenses710.23M413.68M348.27M377.34M
TotalOperatingIncomeAsReported-254.07M-296.25M-303.95M-320.54M
DilutedAverageShares67.18M63.51M57.35M56.49M
BasicAverageShares67.18M63.51M57.35M56.49M
DilutedEPS-3.42-4.75-5.72-5.56
BasicEPS-3.42-4.75-5.72-5.56
DilutedNIAvailtoComStockholders-229.78M-301.70M-328.22M-313.96M
NetIncomeCommonStockholders-229.78M-301.70M-328.22M-313.96M
OtherunderPreferredStockDividend0.00
NetIncome-229.78M-301.70M-328.22M-313.96M
MinorityInterests256.00K641.00K1.11M-63.00K
NetIncomeIncludingNoncontrollingInterests-230.03M-302.34M-329.33M-313.90M
NetIncomeContinuousOperations-230.03M-302.34M-329.33M-313.90M
EarningsFromEquityInterestNetOfTax-4.35M-1.56M196.00K-276.00K
TaxProvision386.00K206.00K79.00K134.00K
PretaxIncome-225.29M-300.57M-329.45M-313.49M
OtherIncomeExpense1.56M2.15M-26.35M3.71M
OtherNonOperatingIncomeExpenses2.75M1.75M-24.86M4.54M
GainOnSaleOfSecurity-1.19M394.00K-1.49M-827.00K
NetNonOperatingInterestIncomeExpense27.22M-6.47M850.00K3.34M
InterestExpenseNonOperating3.38M14.95M3.82M1.80M
InterestIncomeNonOperating30.60M8.48M4.67M5.14M
OperatingIncome-254.07M-296.25M-303.95M-320.54M
OperatingExpense534.02M371.56M333.17M356.57M
OtherOperatingExpenses-29.87M-6.23M-6.09M-11.20M
ResearchAndDevelopment199.47M167.31M135.08M137.15M
SellingGeneralAndAdministration364.43M210.48M204.18M230.62M
SellingAndMarketingExpense131.03M60.39M53.12M43.23M
GeneralAndAdministrativeExpense233.40M150.09M151.06M187.39M
OtherGandA233.40M150.09M151.06M187.39M
GrossProfit279.95M75.31M29.22M36.03M
CostOfRevenue176.21M42.12M15.10M20.78M
TotalRevenue456.15M117.43M44.32M56.81M
OperatingRevenue456.15M117.43M44.32M56.81M
Line Item2021-12-31
TreasurySharesNumber585.37K
OrdinarySharesNumber143.77M127.01M116.46M113.86M
ShareIssued143.77M127.01M116.46M114.45M
TotalDebt233.50M163.55M200.06M30.00M
TangibleBookValue953.03M211.37M122.30M331.86M
InvestedCapital1.05B296.44M248.89M362.60M
WorkingCapital886.68M202.97M104.81M340.70M
NetTangibleAssets953.03M211.37M122.30M331.86M
CapitalLeaseObligations138.25M80.90M75.43M0.00
CommonStockEquity955.64M213.79M124.26M332.60M
TotalCapitalization976.14M223.10M128.10M349.60M
TotalEquityGrossMinorityInterest955.81M214.22M124.68M334.05M
MinorityInterest171.00K427.00K420.00K1.45M
StockholdersEquity955.64M213.79M124.26M332.60M
GainsLossesNotAffectingRetainedEarnings27.31M16.32M16.20M-4.70M
OtherEquityAdjustments27.31M16.32M16.20M-4.70M
TreasuryStock10.09M0.00
RetainedEarnings-1.98B-1.75B-1.45B-1.12B
AdditionalPaidInCapital2.92B1.95B1.56B1.46B
CapitalStock90.00K80.00K75.00K75.00K
CommonStock90.00K80.00K75.00K75.00K
TotalLiabilitiesNetMinorityInterest628.68M384.43M406.19M201.39M
TotalNonCurrentLiabilitiesNetMinorityInterest158.34M134.35M123.85M64.94M
OtherNonCurrentLiabilities6.35M42.48M1.39M5.48M
PreferredSecuritiesOutsideStockEquity40.00M40.00M40.00M
TradeandOtherPayablesNonCurrent5.48M5.48M5.48M5.48M
NonCurrentDeferredLiabilities292.00K1.78M3.22M2.46M
NonCurrentDeferredRevenue0.001.49M2.93M2.17M
NonCurrentDeferredTaxesLiabilities292.00K292.00K292.00K292.00K
LongTermDebtAndCapitalLeaseObligation146.22M84.62M73.76M17.00M
LongTermCapitalLeaseObligation125.72M75.31M69.91M0.00
LongTermDebt20.50M9.31M3.85M17.00M
CurrentLiabilities470.34M250.07M282.34M136.45M
OtherCurrentLiabilities55.57M9.03M7.81M8.58M
CurrentDeferredLiabilities70.27M46.87M22.81M16.03M
CurrentDeferredRevenue70.27M46.87M22.81M16.03M
CurrentDebtAndCapitalLeaseObligation87.28M78.93M126.31M13.00M
CurrentCapitalLeaseObligation12.53M5.59M5.52M0.00
CurrentDebt74.75M73.34M120.79M13.00M
OtherCurrentBorrowings10.50M3.54M70.99M3.00M
LineOfCredit64.25M69.80M49.79M10.00M
CurrentProvisions5.98M23.51M
PayablesAndAccruedExpenses257.22M109.27M101.91M98.83M
CurrentAccruedExpenses719.00K569.00K749.00K769.00K
InterestPayable719.00K569.00K749.00K769.00K
Payables256.50M108.70M101.16M98.07M
OtherPayable90.14M65.87M59.63M47.49M
TotalTaxPayable38.92M7.73M6.08M5.02M
IncomeTaxPayable150.00K29.00K7.00K4.00K
AccountsPayable127.45M35.10M35.46M45.56M
TotalAssets1.58B598.64M530.87M535.43M
TotalNonCurrentAssets227.48M145.60M143.71M58.28M
OtherNonCurrentAssets2.44M1.44M1.39M2.37M
NonCurrentNoteReceivables0.004.21M9.98M15.21M
InvestmentsAndAdvances33.76M18.37M9.84M6.14M
InvestmentinFinancialAssets33.76M18.37M
HeldToMaturitySecurities2.35M2.00M
AvailableForSaleSecurities31.42M16.37M
GoodwillAndOtherIntangibleAssets2.62M2.43M1.96M745.00K
NetPPE188.66M119.15M120.54M33.82M
AccumulatedDepreciation-35.66M-34.80M-24.70M-26.85M
GrossPPE224.32M153.95M145.24M60.67M
Leases30.24M35.02M32.63M30.25M
ConstructionInProgress16.98M1.52M1.89M1.72M
OtherProperties134.62M78.93M75.77M
MachineryFurnitureEquipment42.47M38.48M34.95M28.70M
Properties0.000.000.000.00
CurrentAssets1.36B453.05M387.15M477.15M
OtherCurrentAssets721.00K1.52M3.34M1.69M
HedgingAssetsCurrent8.00K1.74M0.00
RestrictedCash30.30M33.94M0.00160.00K
PrepaidAssets44.86M10.24M18.07M11.21M
Inventory75.69M59.49M72.36M78.08M
InventoriesAdjustmentsAllowances-9.08M-9.22M-9.89M-28.69M
FinishedGoods30.41M15.33M28.19M27.17M
WorkInProcess9.04M7.90M4.94M17.13M
RawMaterials45.32M45.47M49.13M62.46M
Receivables80.89M45.97M44.07M74.04M
OtherReceivables10.80M
DuefromRelatedPartiesCurrent0.001.36M
TaxesReceivable22.71M9.02M8.98M16.49M
LoansReceivable0.002.16M4.00M0.00
AccountsReceivable58.18M34.79M20.30M56.19M
AllowanceForDoubtfulAccountsReceivable-103.34M-131.83M-115.38M-69.42M
GrossAccountsReceivable161.52M166.61M135.68M125.61M
CashCashEquivalentsAndShortTermInvestments1.12B300.14M249.31M311.97M
OtherShortTermInvestments513.68M71.89M0.0065.11M
CashAndCashEquivalents610.88M228.25M249.31M246.86M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow117.88M-97.50M-187.28M-137.32M
RepurchaseOfCapitalStock-10.09M0.000.00
RepaymentOfDebt-165.94M-133.81M-13.00M-20.00M
IssuanceOfDebt179.25M79.09M119.66M30.00M
IssuanceOfCapitalStock698.13M250.20M0.00256.94M
CapitalExpenditure-40.08M-9.09M-13.82M-15.70M
InterestPaidSupplementalData3.40M2.18M1.50M1.18M
IncomeTaxPaidSupplementalData101.00K184.00K79.00K342.00K
EndCashPosition610.88M228.25M249.31M247.02M
BeginningCashPosition228.25M249.31M247.02M140.17M
EffectOfExchangeRateChanges5.82M562.00K12.61M-5.07M
ChangesInCash376.81M-21.62M-10.32M111.92M
FinancingCashFlow701.36M195.48M106.74M266.95M
CashFlowFromContinuingFinancingActivities701.36M195.48M106.74M266.95M
NetOtherFinancingCharges85.00K
ProceedsFromStockOptionExercised0.000.002.00K
NetPreferredStockIssuance0.00
PreferredStockIssuance0.00
NetCommonStockIssuance688.04M250.20M0.00256.94M
CommonStockPayments-10.09M0.000.00
CommonStockIssuance698.13M250.20M0.00256.94M
NetIssuancePaymentsOfDebt13.31M-54.72M106.66M10.00M
NetShortTermDebtIssuance-4.84M-50.56M109.66M-5.00M
ShortTermDebtPayments-159.09M-119.66M-10.00M-15.00M
ShortTermDebtIssuance154.25M69.09M119.66M10.00M
NetLongTermDebtIssuance18.15M-4.15M-3.00M15.00M
LongTermDebtPayments-6.85M-14.15M-3.00M-5.00M
LongTermDebtIssuance25.00M10.00M0.0020.00M
InvestingCashFlow-482.51M-128.69M56.40M-33.40M
CashFlowFromContinuingInvestingActivities-482.51M-128.69M56.40M-33.40M
NetOtherInvestingChanges104.30M-31.74M
NetInvestmentPurchaseAndSale-546.73M-80.95M70.03M-17.70M
SaleOfInvestment488.70M0.00151.39M140.76M
PurchaseOfInvestment-1.04B-80.95M-81.36M-158.46M
NetBusinessPurchaseAndSale0.00-6.92M0.000.00
PurchaseOfBusiness0.00-6.92M0.000.00
NetIntangiblesPurchaseAndSale-1.11M-1.25M-1.65M-51.00K
PurchaseOfIntangibles-1.11M-1.25M-1.65M-51.00K
NetPPEPurchaseAndSale-38.97M-7.83M-11.98M-15.64M
SaleOfPPE0.000.00188.00K0.00
PurchaseOfPPE-38.97M-7.83M-12.17M-15.64M
OperatingCashFlow157.96M-88.41M-173.46M-121.63M
CashFlowFromContinuingOperatingActivities157.96M-88.41M-173.46M-121.63M
ChangeInWorkingCapital88.08M16.97M-10.01M2.02M
ChangeInOtherWorkingCapital21.93M17.38M7.54M6.56M
ChangeInOtherCurrentLiabilities-2.67M-3.71M-8.78M0.00
ChangeInOtherCurrentAssets0.000.00
ChangeInPayablesAndAccruedExpense150.02M5.28M26.15M3.63M
ChangeInAccruedExpense57.55M-192.00K36.25M11.37M
ChangeInPayable92.47M5.47M-10.10M-7.74M
ChangeInAccountPayable92.34M5.45M-10.10M-7.75M
ChangeInTaxPayable121.00K22.00K3.00K4.00K
ChangeInIncomeTaxPayable121.00K22.00K3.00K4.00K
ChangeInPrepaidAssets-29.52M10.73M-22.94M-12.97M
ChangeInInventory-21.59M7.82M-3.26M-38.61M
ChangeInReceivables-30.09M-20.52M-8.71M43.41M
ChangesInAccountReceivables-31.28M-20.52M-10.07M39.34M
OtherNonCashItems-11.81M8.66M-1.46M-1.37M
StockBasedCompensation273.12M151.49M96.52M121.13M
ProvisionandWriteOffofAssets12.79M13.69M47.78M56.52M
AssetImpairmentCharge921.00K460.00K956.00K4.27M
DeferredTax0.000.00
DeferredIncomeTax0.000.00
DepreciationAmortizationDepletion19.80M21.36M20.89M7.77M
DepreciationAndAmortization19.80M21.36M20.89M7.77M
AmortizationCashFlow922.00K787.00K439.00K346.00K
AmortizationOfIntangibles922.00K787.00K439.00K346.00K
Depreciation18.88M20.57M20.45M7.43M
OperatingGainsLosses5.08M1.30M1.19M1.92M
EarningsLossesFromEquityInvestments4.35M1.56M-196.00K276.00K
NetForeignCurrencyExchangeGainLoss49.00K-394.00K1.49M827.00K
GainLossOnSaleOfPPE682.00K138.00K-103.00K820.00K
NetIncomeFromContinuingOperations-230.03M-302.34M-329.33M-313.90M
SEC Filings

No SEC filings found for this symbol (may be non-US or ticker not in SEC index).

Public Trades for EH
Date User Asset Broker Type Position Size Entry Price Patterns