← EHang Holdings Ltd

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Depreciation of property and equipment — — — $5.8m $7.4m $8.5m $12.4m $12.8m $19.0m
Amortization of intangible assets — — — $407k $346k $439k $787k $922k $972k
Amortization of right-of-use assets — — — — — $12.0m $8.1m $6.1m $10.1m
Amortization of debt discounts — — — — — $1.7m $12.0m $0 $0
Deferred tax assets $292k ($135k) ($49k) $184k $0 $0 $0 $0 ($7.0m)
Share-based compensation $32.2m $22.3m $14.7m $54.9m $121.1m $96.9m $151.5m $273.1m $246.2m
Losses on disposal of property and equipment $169k $159k $28k $456k $820k ($103k) $138k $682k $34k
Interest expenses — — — — — — $0 ($707k) ($25k)
Losses from equity method investments — $162k $74k $52k $276k ($196k) $1.6m $4.4m $5.2m
Cash paid for investments accounted for using equity method and other investments — ($300k) — — ($700k) ($4.5m) ($10.1m) ($19.6m) ($34.7m)
Net loss ($86.6m) ($80.5m) ($48.0m) ($92.0m) ($313.9m) ($329.3m) ($302.3m) ($230.0m) ($276.4m)
Interest and investment income — — — — ($1.4m) ($3.1m) ($3.4m) ($11.1m) ($47.4m)
Current expected credit losses ($140k) $231k $619k $13.3m $56.5m $47.8m $13.7m $12.8m $7.9m
Write-downs of inventories — — — $1.3m $2.6m $956k $460k $921k $1.5m
Foreign currency exchange (gains) losses — — — — $827k $1.5m ($394k) $49k ($372k)
Accounts receivable $2.2m $3.4m ($39.0m) ($134.7m) $39.3m ($10.1m) ($20.5m) ($31.3m) ($61.4m)
Inventories $25.6m ($2.5m) ($12.3m) ($29.3m) ($36.0m) ($3.3m) $7.8m ($21.6m) ($35.7m)
Prepayments and other assets $7.3m $7.3m ($5.8m) ($5.0m) ($13.0m) ($22.9m) $10.7m ($29.5m) ($101.6m)
Accounts payable ($18.4m) $917k $10.4m $26.6m ($7.7m) ($10.1m) $5.4m $92.3m $5.0m
Contract liabilities $916k $4.7m $4.0m ($2.4m) $7.1m $4.5m $17.8m $25.4m ($1.7m)
Accrued expenses and other liabilities ($8.8m) $6.0m $14.2m $7.7m $11.4m $36.3m ($192k) $57.6m $61.6m
Lease liabilities — — — — — ($8.8m) ($3.7m) ($2.7m) ($5.8m)
Deferred income — — — $3.7m ($60k) $1.5m ($1.5m) ($1.5m) ($687k)
Deferred government subsidies $380k ($80k) ($80k) ($80k) ($430k) $1.5m $998k ($1.9m) ($526k)
Income taxes payable — — $5k ($5k) $4k $3k $22k $121k $1.7m
Acquisition of non-controlling interests — — — — — — ($6.9m) $0 $0
Redemption of short-term investments $8.0m $149.5m $105.7m $72.0m $140.8m $151.4m $0 $444.8m $418.7m
Payments for short-term deposits — — — — — — ($14.2m) ($130.1m) $0
Proceeds received from maturity of short-term deposits — — — — — — $0 $143.8m $0
Payments for restricted short-term deposits — — — — — — ($33.4m) ($39.5m) ($29.1m)
Proceeds received from maturity of restricted short-term deposits — — — — — — $0 $43.9m $29.5m
Purchase of property and equipment ($11.8m) ($4.9m) ($2.7m) ($8.7m) ($15.6m) ($12.2m) ($7.8m) ($39.0m) ($147.9m)
Purchases of land use rights — — — — — — $0 $0 ($11.4m)
Acquisition of intangible assets — ($19k) ($999k) ($337k) ($51k) ($1.7m) ($1.3m) ($1.1m) ($1.1m)
Loan to a related party — ($425k) ($425k) — — — $0 $0 ($5.0m)
Receipt of loans receivable from a related party — — $850k — — — $0 $0 $3.0m
Receipt of loans receivable from a third party — — — $40.0m — — $1.7m $0 $0
Proceeds from short-term bank loans — $5.0m $5.0m $15.0m $10.0m $49.8m $69.1m $64.2m $249.1m
Repayment of short-term bank loans — — ($5.0m) ($5.0m) ($15.0m) ($10.0m) ($49.8m) ($69.1m) ($83.8m)
Proceeds from long-term bank loans — — — — $20.0m — $10.0m $25.0m $75.0m
Repayment of long-term bank loans — — — — — ($3.0m) ($14.2m) ($6.8m) ($13.5m)
Capital Injection By Non Controlling Interests — — — — — — $0 $0 $70k
Repayment of Mandatorily redeemable non-controlling interests — — — — — — $0 $0 ($40.0m)
Payment of share repurchase — — — — — — $0 ($10.1m) $0
Capitalized professional service fee related to financing transactions — — — — — — $0 $0 ($16.3m)
Proceeds from issuance of Class A ordinary shares, net of issuance costs — — — $7.3m $256.9m $69.9m $250.2m $698.1m $166.8m
Loans receivable settled by accounts payable — — — — — $0 $5.8m $0 $0
Purchase of property and equipment included in Accrued expenses and other liabilities — — — $5.0m $1.2m $3.3m $1.4m $1.2m $45.8m
Net cash flow (used in) generated from operating activities ($38.4m) ($43.0m) ($55.5m) ($151.7m) ($121.6m) ($173.5m) ($88.4m) $158.0m ($179.5m)
Purchase of short-term investments ($47.0m) ($110.5m) ($113.4m) ($115.4m) ($157.8m) ($76.8m) ($56.7m) ($885.7m) ($729.2m)
Net cash flow used in investing activities ($51.1m) $25.3m ($11.0m) ($66.2m) ($33.4m) $56.4m ($128.7m) ($482.5m) ($507.1m)
Proceeds from short-term debts — — — — — $69.9m $0 $90.0m $0
Repayment of short-term debts — — — — — — ($69.9m) ($90.0m) $0
Net cash provided by financing activities $34.3m $16.0m $325.3m $42.7m $266.9m $106.7m $195.5m $701.4m $337.4m
Effect of exchange rate changes on cash and cash equivalents $7.7m $1.7m $1.3m ($6.3m) ($5.1m) $12.6m $562k $5.8m ($5.3m)
Net (decrease) increase in cash and cash equivalents ($47.5m) $64k $260.1m ($181.5m) $106.8m $2.3m ($21.1m) $382.6m ($354.5m)
Cash and cash equivalents at the beginning of the years — $61.5m $321.7m $140.2m $247.0m $249.3m $228.2m $610.9m $256.4m
Interest paid — $307k $249k $342k $1.2m $1.5m $2.2m $3.4m $6.7m
Income taxes paid — $680k $130k $40k $342k $79k $184k $101k $879k

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.