EHang Holdings Ltd (EH) stock

EHNasdaqAircraft Parts & Auxiliary Equipment, NECFiscal year ends December 31

Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on May 15, 2026Score 6/30

$3.73−0.25 (-6.16%)

Close on Nov 12, 2026Market cap $560.40MP/E –Yield –

EHang statistics

79 measures from SEC filings and the closing price. Hover a name for the formula; the last column is the median of companies in the same industry group.

Important dates

Next earnings: –
Last ex-dividend date: No dividends
Fundamentals through: Dec 31, 2025
Share price as of: –

Valuation ratiosIndustry

Market Cap: CN¥3.74B; CN¥50.56B
Enterprise Value: CN¥2.72B; CN¥30.54B
PS Ratio: 8.95; 0.74
PB Ratio: 3.50; 1.99
P/TBV Ratio: 3.51; 2.31

Enterprise valuationIndustry

EV / Sales: 6.52; 0.38

Share statisticsIndustry

Shares Outstanding: 300M; 1.91B
Shares Change (YoY): 9.15%; 0.79%
Float: 292M; 1.21B
Shares Held by Insiders: 2.71%; 24.1%
Shares Held by Institutions: 6.05%; 6.05%

Short sellingIndustry

Short Interest: 12M; –
Short Interest Change: 5.83%; 2.54%
Days to Cover: 17.95; 7.36

Stock price statisticsIndustry

Price Change (1 Week): 1.63%; -1.46%
Price Change (1 Month): -1.32%; -1.32%
Price Change (3 Months): -37.1%; -19.1%
Price Change (6 Months): -61.9%; -41.3%
Price Change (YTD): -71.7%; -41.6%
Price Change (1 Year): -77.0%; -57.0%
Price Change (3 Years): -72.1%; -57.8%
Price Change (5 Years): -85.3%; -85.3%
Average Volume (10 Days): 814,836; –
Average Volume (20 Days): 698,243; –
Average Volume (90 Days): 719,603; –
Relative Volume: 0.72; 0.72
Relative Strength Index (14): 45.0; 45.0
Volatility (1 Year): 62.0%; 50.3%
Beta (5 Years): 1.87; 1.16

MarginsIndustry

Gross Margin: 61.5%; 18.9%
Operating Margin: -75.8%; -3.61%
Pretax Margin: -65.9%; -1.51%
Profit Margin: -66.0%; –
EBITDA Margin: -75.8%; -3.61%
FCF Margin: -78.3%; -3.51%

Returns on capitalIndustry

Return on Equity (ROE): -27.3%; –
Return on Assets (ROA): -15.4%; –
Return on Capital Employed (ROCE): -24.8%; -9.32%

Financial positionIndustry

Current Ratio: 2.07; 1.18
Quick Ratio: 1.69; 0.51
Debt / Equity: 0.08; 0.27
Interest Coverage: -53.00; -14.39

GrowthIndustry

Revenue Growth (YoY): -8.37%; 31.0%
FCF Growth (YoY): -375.1%; –
Revenue Growth (3Y CAGR): 111.3%; 35.4%
Revenue Growth (5Y CAGR): 18.3%; 40.0%

EfficiencyIndustry

Asset Turnover: 0.23; 0.75
Inventory Turnover: 1.81; 7.81
Revenue Per Employee: CN¥504.20K; CN¥6.42M
Profits Per Employee: -CN¥332.90K; –
Employee Count: 829; 5,084
WACC: 14.1%; 9.46%

Income statement (TTM)Industry

Revenue: CN¥417.98M; CN¥76.72B
Gross Profit: CN¥257.15M; CN¥11.92B
Operating Income: -CN¥316.71M; -CN¥521.12M
Pretax Income: -CN¥275.57M; -CN¥275.57M
Net Income: -CN¥275.98M; –
EBITDA: -CN¥316.71M; -CN¥316.71M
EPS (Diluted): -1.88 CNY; -0.60 CNY

Balance sheetIndustry

Cash & Short-Term Investments: CN¥1.10B; CN¥17.33B
Total Debt: CN¥82.70M; CN¥9.52B
Net Cash (Debt): CN¥1.02B; CN¥4.62B
Net Cash Per Share: 3.38 CNY; 4.78 CNY
Equity (Book Value): CN¥1.07B; CN¥4.16B
Book Value Per Share: 3.56 CNY; 5.78 CNY
Tangible Book Value: CN¥1.07B; CN¥4.13B
Working Capital: CN¥767.72M; CN¥767.72M

Cash flow (TTM)Industry

Operating Cash Flow: -CN¥179.51M; CN¥353.27M
Capital Expenditures: -CN¥147.90M; -CN¥3.16B
Free Cash Flow: -CN¥327.41M; -CN¥327.41M
FCF Per Share: -1.09 CNY; -1.09 CNY

Dividends and yieldsIndustry

Earnings Yield: -7.38%; –
FCF Yield: -8.75%; -6.08%
Buyback Yield: -4.46%; –
Shareholder Yield: -4.46%; –

Taxes and interestIndustry

Interest Expense: CN¥5.98M; CN¥168.08M
Income Tax: -CN¥4.41M; CN¥13.59M

Scores and fair valueIndustry

Altman Z-Score: 0.99; 0.99
Piotroski F-Score: 3; –

Total return vs. the S&P 500

Price change plus reinvested dividends, to the close on Nov 12, 2026. The S&P 500 is measured by the SPY fund.

Period	EH	S&P 500	Difference	EH per year	S&P 500 per year
1 month	-6.0%	-2.7%	−3.3 pts
3 months	-34.6%	-1.7%	−32.8 pts
Year to date	-71.7%	+11.9%	−83.6 pts
1 year	-76.9%	+12.0%	−88.8 pts
3 years	-71.3%	+78.2%	−149.5 pts	-34.0%	+21.2%
5 years	-85.3%	+73.2%	−158.5 pts	-31.8%	+11.6%

Short interest

Shares sold short and not yet covered, reported by brokers to FINRA twice a month. Latest settlement date Oct 30, 2026.

12M EH shares were sold short on Oct 30, 2026, up 5.8% from the previous report. At recent volumes it would take 17.9 days to buy them back. Over the last 20 sessions, 61.6% of the volume reported to FINRA was short selling.

Settlement date	Shares short	Change	Avg. daily volume	Days to cover
Oct 30, 2026	11,672,451	+5.8%	650,281	17.9
Oct 15, 2026	11,029,459	+1.9%	796,227	13.8
Sep 30, 2026	10,825,006	+11.2%	555,781	19.5
Sep 15, 2026	9,734,359	+11.4%	660,506	14.7
Aug 31, 2026	8,741,606	+5.0%	858,167	10.2
Aug 14, 2026	8,322,825	-6.3%	511,836	16.3
Jul 31, 2026	8,878,250	-3.5%	741,826	12.0
Jul 15, 2026	9,204,502	+11.1%	1,255,870	7.3
Jun 30, 2026	8,281,949	+8.0%	1,152,012	7.2
Jun 15, 2026	7,665,508	+23.5%	2,006,964	3.8
May 29, 2026	6,207,174	+0.7%	786,459	7.9
May 15, 2026	6,162,849	-11.1%	506,086	12.2