EHang Holdings Limited (EH)
NASDAQ: EH · Real-Time Price · USD
4.490
-0.020 (-0.44%)
At close: Aug 31, 2026, 4:00 PM EDT
4.580
+0.090 (2.00%)
After-hours: Aug 31, 2026, 7:58 PM EDT
EHang Holdings Cash Flow Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | -275.98 | -229.78 | -301.7 | -328.22 | -313.96 |
Depreciation & Amortization | 29.99 | 19.8 | 21.36 | 20.89 | 7.77 |
Other Amortization | - | - | 12.02 | 1.67 | - |
Loss (Gain) From Sale of Assets | 0.03 | 0.68 | 0.14 | -0.1 | 0.82 |
Asset Writedown & Restructuring Costs | - | - | - | - | 1.63 |
Loss (Gain) on Equity Investments | 5.25 | 4.35 | 1.56 | -0.2 | 0.28 |
Stock-Based Compensation | 246.16 | 273.12 | 151.49 | 96.9 | 121.13 |
Provision & Write-off of Bad Debts | 7.94 | 12.79 | 13.69 | 47.78 | 56.52 |
Other Operating Activities | -53.75 | -11.1 | -3.94 | -2.18 | 2.16 |
Change in Accounts Receivable | -61.43 | -30.09 | -20.52 | -10.07 | 42.14 |
Change in Inventory | -35.67 | -21.59 | 7.82 | -3.26 | -38.61 |
Change in Accounts Payable | 5.02 | 92.35 | 5.45 | -10.1 | -7.75 |
Change in Unearned Revenue | -2.94 | 21.93 | 17.38 | 7.54 | 6.56 |
Change in Income Taxes | 1.67 | 0.12 | 0.02 | 0 | 0 |
Change in Other Net Operating Assets | -45.82 | 25.37 | 6.83 | 5.89 | -0.32 |
Operating Cash Flow | -179.51 | 157.96 | -88.41 | -173.46 | -121.63 |
Operating Cash Flow Growth | - | - | - | - | - |
Investing Activities
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -147.9 | -38.97 | -7.83 | -12.17 | -15.65 |
Sale of Property, Plant & Equipment | - | - | - | 0.19 | - |
Cash Acquisitions | - | - | -6.92 | - | - |
Sale (Purchase) of Intangibles | -12.48 | -1.11 | -1.26 | -1.65 | -0.05 |
Investment in Securities | -345.13 | -446.89 | -80.95 | 70.03 | -17.71 |
Other Investing Activities | -1.64 | 4.46 | -33.44 | - | - |
Investing Cash Flow | -507.15 | -482.51 | -128.69 | 56.4 | -33.4 |
Financing Activities
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | 249.14 | 154.25 | 69.09 | 119.66 | 10 |
Long-Term Debt Issued | 75 | 25 | 10 | - | 20 |
Total Debt Issued | 324.14 | 179.25 | 79.09 | 119.66 | 30 |
Short-Term Debt Repaid | -83.76 | -159.09 | -119.66 | -10 | -15 |
Long-Term Debt Repaid | -13.5 | -6.85 | -14.15 | -3 | -5 |
Total Debt Repaid | -97.26 | -165.94 | -133.81 | -13 | -20 |
Net Debt Issued (Repaid) | 226.89 | 13.31 | -54.72 | 106.66 | 10 |
Issuance of Common Stock | 166.81 | 698.13 | 250.2 | - | 256.95 |
Repurchase of Common Stock | - | -10.09 | - | - | - |
Other Financing Activities | -56.26 | - | - | 0.09 | - |
Financing Cash Flow | 337.43 | 701.36 | 195.48 | 106.74 | 266.95 |
Net Cash Flow
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -5.26 | 5.82 | 0.56 | 12.61 | -5.07 |
Net Cash Flow | -354.48 | 382.63 | -21.06 | 2.29 | 106.85 |
Free Cash Flow
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | -327.41 | 118.99 | -96.24 | -185.62 | -137.27 |
Free Cash Flow Growth | - | - | - | - | - |
Free Cash Flow Margin | -78.33% | 26.09% | -81.96% | -418.86% | -241.65% |
Free Cash Flow Per Share | -4.46 | 1.77 | -1.58 | -3.24 | -2.43 |
Levered Free Cash Flow | -176.06 | 239.02 | -17.3 | -26.79 | -5.68 |
Unlevered Free Cash Flow | -172.33 | 241.13 | -19.98 | -26.07 | -4.56 |
Additional Metrics
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 6.66 | 3.4 | 2.18 | 1.5 | 1.18 |
Cash Income Tax Paid | 0.88 | 0.1 | 0.18 | 0.08 | 0.34 |
Change in Working Capital | -139.15 | 88.08 | 16.97 | -10.01 | 2.02 |