EHNasdaqAircraft Parts & Auxiliary Equipment, NECFiscal year ends December 31

EHang Holdings Ltd

Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on May 15, 2026

$3.55−0.06 (-1.66%)

Close on Oct 19, 2026

EHang Holdings Ltd income statement

Millions of CNY, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31
Revenue	418	456	117	44	57	180	122	66	32
Cost of Revenue	161	176	42	15	21	74	51	33	28
Gross Profit	257	280	75	29	36	106	71	34	4.18
Research & Development	195	199	167	135	137	105	57	60	69
Selling, General & Admin	392	364	210	204	231	99	64	56	66
Selling & Marketing	122	131	60	53	43	37	27	20	30
General & Administrative	270	233	150	151	187	62	37	36	35
Advertising Expenses	3.39	3.65	2.92	2.95	2.11	1.97	3.42	0.90	5.44
Operating Expenses	586	564	378	339	368	204	121	116	134
Operating Income	-317	-254	-296	-304	-321	-91	-46	-74	-126
Interest Expense	5.98	3.38	2.93	2.15	1.80	2.34	0.84	0.56	–
Interest & Investment Income	59	31	8.48	4.67	5.14	3.80	0.88	1.06	0.17
Income from Equity Investments	-5.25	-4.35	-1.56	0.20	-0.28	-0.05	-0.07	-0.16	–
Other Non-Operating Income	41	29	-4.32	-25	7.05	-0.78	-0.82	-5.88	45
Asset Impairment Charges	–	–	0	0	1.63	0	0	0	–
Gain (Loss) on Investments	–	–	–	–	–	0.29	–	–	–
Gain (Loss) on Sale of Assets	-0.03	-0.68	-0.14	0.10	-0.82	-0.46	-0.03	-0.16	-0.17
Legal Settlements	-14	–	–	–	–	–	–	–	–
Pretax Income	-276	230	302	-329	-314	-92	-47	-80	-81
Income Tax Expense	-4.41	0.39	0.21	0.08	0.13	0.21	0.75	0.08	5.18
Net Income incl. Noncontrolling Interests	-276	-230	-302	-329	-314	-92	-48	-80	-87
Minority Interest in Earnings	-0.43	-0.26	-0.64	-1.11	0.06	-4.42	0.55	-1.35	0.86
Net Income	-276	-230	-302	-328	-314	-88	-49	-79	-87
Net Income to Common	–	–	–	–	-314	-88	-76	-79	-95
EPS (Basic)(per share)	-1.88	-1.71	-2.48	-2.86	-2.78	-0.80	-1.24	-1.39	-1.67
EPS (Diluted)(per share)	-1.88	-1.71	-2.48	-2.86	-2.78	-0.80	-1.24	-1.39	-1.67
Shares Outstanding (Basic, Weighted)(shares)	0.15	0.13	0.12	0.11	0.11	0.11	0.06	57	57
Shares Outstanding (Diluted, Weighted)(shares)	0.15	0.13	0.12	0.11	0.11	0.11	0.06	57	57
EBITDA	–	–	–	–	-313	-85	-41	-69	-121

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Dec 31, 2025

Profitability, FY2025

Gross margin: 61.5%
Operating margin: -75.8%
Net margin: -66.0%
Return on equity, FY2025: -27.3%

Financial strength

Current ratio: 2.07
Debt to equity: 0.08
Debt to assets: 4.2%
Cash to current liabilities: 35.8%

Valuation

P/E ratio: –
Price to sales: –
Price to book: –
Dividend yield: –

Valuation ratios need the share price and fill in once daily prices are connected.