EHang Holdings Ltd
NASDAQ:EH
Income Statement
Earnings Waterfall
EHang Holdings Ltd
Revenue
|
117.4m
CNY
|
Cost of Revenue
|
-42.1m
CNY
|
Gross Profit
|
75.3m
CNY
|
Operating Expenses
|
-371.6m
CNY
|
Operating Income
|
-296.3m
CNY
|
Other Expenses
|
-5.4m
CNY
|
Net Income
|
-301.7m
CNY
|
Income Statement
EHang Holdings Ltd
Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||
Revenue |
61
N/A
|
78
+28%
|
122
+57%
|
130
+7%
|
144
+11%
|
180
+25%
|
180
0%
|
184
+2%
|
161
-13%
|
103
-36%
|
57
-45%
|
40
-30%
|
42
+6%
|
37
-11%
|
44
+19%
|
61
+37%
|
56
-8%
|
77
+36%
|
117
+53%
|
|
Gross Profit | ||||||||||||||||||||
Cost of Revenue |
(28)
|
(34)
|
(51)
|
(54)
|
(60)
|
(73)
|
(74)
|
(75)
|
(63)
|
(39)
|
(21)
|
(15)
|
(15)
|
(13)
|
(15)
|
(21)
|
(20)
|
(27)
|
(42)
|
|
Gross Profit |
32
N/A
|
44
+36%
|
71
+62%
|
76
+7%
|
84
+10%
|
107
+27%
|
106
-1%
|
110
+3%
|
97
-11%
|
63
-35%
|
36
-43%
|
25
-30%
|
27
+6%
|
24
-10%
|
29
+21%
|
40
+36%
|
36
-10%
|
49
+36%
|
75
+54%
|
|
Operating Income | ||||||||||||||||||||
Operating Expenses |
(119)
|
(115)
|
(118)
|
(123)
|
(133)
|
(147)
|
(198)
|
(246)
|
(289)
|
(327)
|
(357)
|
(343)
|
(344)
|
(342)
|
(333)
|
(356)
|
(353)
|
(362)
|
(372)
|
|
Selling, General & Administrative |
(63)
|
(64)
|
(64)
|
(67)
|
(75)
|
(84)
|
(99)
|
(138)
|
(166)
|
(189)
|
(231)
|
(211)
|
(210)
|
(211)
|
(204)
|
(205)
|
(198)
|
(201)
|
(210)
|
|
Research & Development |
(60)
|
(55)
|
(57)
|
(59)
|
(64)
|
(70)
|
(105)
|
(116)
|
(130)
|
(149)
|
(137)
|
(141)
|
(144)
|
(137)
|
(135)
|
(157)
|
(160)
|
(166)
|
(167)
|
|
Other Operating Expenses |
4
|
3
|
3
|
3
|
7
|
7
|
7
|
8
|
7
|
12
|
11
|
9
|
10
|
6
|
6
|
7
|
5
|
5
|
6
|
|
Operating Income |
(86)
N/A
|
(71)
+17%
|
(46)
+35%
|
(46)
+0%
|
(49)
-5%
|
(40)
+18%
|
(91)
-129%
|
(136)
-49%
|
(192)
-41%
|
(264)
-37%
|
(321)
-22%
|
(318)
+1%
|
(318)
+0%
|
(318)
0%
|
(304)
+4%
|
(316)
-4%
|
(317)
0%
|
(313)
+1%
|
(296)
+5%
|
|
Pre-Tax Income | ||||||||||||||||||||
Interest Income Expense |
1
|
1
|
0
|
1
|
1
|
1
|
1
|
2
|
1
|
2
|
3
|
2
|
1
|
0
|
(1)
|
(13)
|
(14)
|
(11)
|
(6)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
(6)
|
(8)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
1
|
2
|
2
|
5
|
(3)
|
(3)
|
(6)
|
(25)
|
(19)
|
(17)
|
(14)
|
2
|
|
Pre-Tax Income |
(92)
N/A
|
(79)
+15%
|
(47)
+40%
|
(46)
+2%
|
(50)
-8%
|
(41)
+18%
|
(92)
-124%
|
(134)
-46%
|
(189)
-41%
|
(260)
-38%
|
(314)
-21%
|
(320)
-2%
|
(319)
+0%
|
(324)
-1%
|
(329)
-2%
|
(348)
-6%
|
(348)
0%
|
(338)
+3%
|
(301)
+11%
|
|
Net Income | ||||||||||||||||||||
Tax Provision |
0
|
0
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Income from Continuing Operations |
(92)
|
(78)
|
(48)
|
(47)
|
(50)
|
(42)
|
(92)
|
(134)
|
(189)
|
(260)
|
(314)
|
(320)
|
(319)
|
(324)
|
(330)
|
(348)
|
(348)
|
(338)
|
(301)
|
|
Income to Minority Interest |
5
|
5
|
(1)
|
0
|
0
|
1
|
4
|
4
|
3
|
3
|
(0)
|
(0)
|
(0)
|
(0)
|
1
|
1
|
1
|
1
|
1
|
|
Equity Earnings Affiliates |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(2)
|
(2)
|
(2)
|
|
Net Income (Common) |
(90)
N/A
|
(87)
+3%
|
(76)
+13%
|
(73)
+4%
|
(75)
-3%
|
(54)
+28%
|
(88)
-62%
|
(130)
-49%
|
(186)
-43%
|
(258)
-39%
|
(314)
-22%
|
(320)
-2%
|
(320)
+0%
|
(324)
-1%
|
(328)
-1%
|
(346)
-6%
|
(348)
-1%
|
(339)
+3%
|
(302)
+11%
|
|
EPS (Diluted) |
-0.57
N/A
|
-0.83
-46%
|
-0.69
+17%
|
-0.66
+4%
|
-0.69
-5%
|
-0.49
+29%
|
-0.8
-63%
|
-1.18
-48%
|
-1.68
-42%
|
-2.33
-39%
|
-2.78
-19%
|
-2.8
-1%
|
-2.79
+0%
|
-2.82
-1%
|
-2.86
-1%
|
-2.94
-3%
|
-2.89
+2%
|
-2.73
+6%
|
-2.48
+9%
|