EHang Holdings Limited (EH) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 |
|---|
| Total Current Assets | 1.55B | 1.54B | 1.45B | 1.3B | 1.36B | 1.19B | 1.13B | 434.9M | 453.05M | 427.13M | 295.79M | 351.37M | 387.15M | 375.99M | 408.85M | 424.4M | 477.15M | 553.28M | 606.37M | 649.8M |
| Cash & Short-Term Investments | 1.13B | 1.1B | 1.12B | 1.08B | 1.12B | 1.04B | 956.93M | 323.83M | 300.14M | 261.79M | 127.07M | 184.11M | 249.31M | 208.78M | 240.68M | 236.92M | 311.97M | 357.02M | 406.48M | 480.47M |
| Cash Only | 286.24M | 227.18M | 378.58M | 382.45M | 610.88M | 611.75M | 623.44M | 250.86M | 228.25M | 233.04M | 127.07M | 184.11M | 249.31M | 137.42M | 207.13M | 204.11M | 246.86M | 284.39M | 319.92M | 462.47M |
| Short-Term Investments | 843.77M | 869.66M | 741.3M | 700.21M | 513.68M | 425.45M | 333.5M | 72.97M | 71.89M | 28.75M | 0 | 0 | 0 | 71.36M | 33.56M | 32.81M | 65.11M | 72.63M | 86.56M | 18M |
| Accounts Receivable | 210.55M | 164.34M | 121.12M | 28.53M | 80.89M | 18.4M | 49.07M | 21.73M | 45.97M | 18.34M | 16.4M | 24.82M | 31.1M | 39.13M | 54.8M | 53.85M | 74.04M | 95.77M | 111.8M | 99.2M |
| Days Sales Outstanding | 113.26 | 142.01 | 46.27 | 188.7 | 27.8 | 24.22 | 31.57 | 49.9 | 52.27 | 55.86 | 187.46 | 113.35 | 205.97 | 525.24 | 338.18 | 993.9 | 897.74 | 736.46 | 789.23 | 515.2 |
| Inventory | 101.7M | 107.74M | 107.03M | 109.03M | 75.69M | 67.88M | 71.17M | 62.37M | 61.66M | 65.22M | 70.53M | 66.2M | 72.36M | 79.46M | 79.23M | 85.78M | 78.08M | 66.06M | 54.2M | 43.4M |
| Days Inventory Outstanding | 161.45 | 272.44 | 178.45 | 848.29 | 102.25 | 128.67 | 158.37 | 239.76 | 292.03 | 616.08 | 1.56K | 778.72 | 1.31K | 2.61K | 1.56K | 3.39K | 1.91K | 1.12K | 1.14K | 555.73 |
| Other Current Assets | 104.29M | 174.2M | 98.85M | 83.14M | 31.02M | 70.22M | 52.84M | 26.98M | 35.04M | 81.78M | 81.79M | 76.24M | 16.32M | 0 | 0 | 0 | 1.85M | 0 | 33.9M | 0 |
| Total Non-Current Assets | 504.68M | 384.38M | 328.69M | 297.37M | 227.48M | 194.84M | 184.67M | 158.1M | 145.6M | 149.73M | 143.17M | 137.81M | 143.71M | 128.57M | 62.68M | 63.8M | 58.28M | 55.5M | 54.87M | 68.29M |
| Property, Plant & Equipment | 374.76M | 291.11M | 260.79M | 250.26M | 188.66M | 167.67M | 162.77M | 136.05M | 119.15M | 122.33M | 117.33M | 116.53M | 120.54M | 115.77M | 50.29M | 52.75M | 33.82M | 35.44M | 34.61M | 29.57M |
| Fixed Asset Turnover | 0.46x | 0.34x | 0.58x | 0.12x | 0.92x | 0.78x | 0.68x | 0.48x | 0.47x | 0.24x | 0.09x | 0.19x | 0.13x | 0.10x | 0.28x | 0.13x | 0.25x | 0.37x | 0.38x | 0.91x |
| Goodwill | 2.71M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 2.76M | 2.88M | 2.62M | 2.62M | 2.38M | 2.38M | 2.59M | 2.43M | 2.31M | 2.14M | 2.16M | 1.96M | 1.53M | 960K | 706K | 745K | 807K | 868K | 963K |
| Long-Term Investments | 74.23M | 59.42M | 61.61M | 32.03M | 33.76M | 22.72M | 17.46M | 18.02M | 18.37M | 15.88M | 14.14M | 9.75M | 9.84M | 8.01M | 7.94M | 6.16M | 6.14M | 3.62M | 2.92M | 2.92M |
| Other Non-Current Assets | 52.98M | 31.09M | 3.4M | 12.46M | 2.44M | 2.06M | 2.06M | 1.44M | 1.44M | 1.64M | 1.56M | 9.38M | 11.37M | 3.26M | 3.49M | 4.2M | 2.37M | 2.38M | 16.47M | 21.76M |
| Total Assets | 2.05B | 1.93B | 1.78B | 1.6B | 1.58B | 1.39B | 1.31B | 593M | 598.64M | 576.86M | 438.96M | 489.18M | 530.87M | 504.56M | 471.52M | 488.2M | 535.43M | 608.78M | 661.23M | 718.09M |
| Asset Turnover | 0.08x | 0.05x | 0.09x | 0.02x | 0.11x | 0.09x | 0.11x | 0.10x | 0.10x | 0.06x | 0.02x | 0.04x | 0.03x | 0.02x | 0.03x | 0.01x | 0.02x | 0.02x | 0.02x | 0.04x |
| Asset Growth % | 29.46% | 38.82% | 35.06% | 169.94% | 164.68% | 140.7% | 199.5% | 21.22% | 12.77% | 14.33% | -6.91% | 0.2% | -0.85% | -17.12% | -28.69% | -32.01% | 10.5% | 22.51% | 40.21% | 68.11% |
| Total Current Liabilities | 728.22M | 662.69M | 578.03M | 486.73M | 470.34M | 500.3M | 531.83M | 220.9M | 250.07M | 198.79M | 221.09M | 297.79M | 282.34M | 189.63M | 173.12M | 149.8M | 136.45M | 118.58M | 124.27M | 125.88M |
| Accounts Payable | 132.59M | 133.22M | 147.46M | 142.17M | 127.45M | 100.51M | 73.97M | 42.08M | 35.1M | 33.69M | 33.61M | 32M | 35.46M | 34.66M | 40.22M | 40.19M | 45.56M | 44.64M | 35.79M | 35.36M |
| Days Payables Outstanding | 204.9 | 356.05 | 239.21 | 1.24K | 162.35 | 161.45 | 137.62 | 149.21 | 158.33 | 305.43 | 748.95 | 379.1 | 606.54 | 1.23K | 761.49 | 1.78K | 1.19K | 746.67 | 830.73 | 509.93 |
| Short-Term Debt | 255.85M | 247.88M | 171.78M | 108.06M | 74.75M | 173.57M | 163.44M | 43.49M | 73.34M | 43.11M | 60.88M | 140.51M | 120.79M | 54.06M | 33.68M | 24.79M | 13M | 10M | 10M | 15M |
| Deferred Revenue (Current) | 67.47M | 75.07M | 65.11M | 57M | 70.27M | 56.95M | 140.92M | 47.57M | 41.87M | 32.4M | 26.07M | 20.64M | 22.81M | 20M | 16.82M | 15.16M | 16.03M | 11.74M | 0 | 24.43M |
| Other Current Liabilities | 269.21M | 0 | 0 | 40M | 55.57M | 40M | 40M | 0 | 20.01M | 0 | 0 | 0 | 31.31M | 0 | 0 | 0 | 8.58M | 0 | 19.5M | 0 |
| Current Ratio | 2.12x | 2.33x | 2.50x | 2.68x | 2.89x | 2.39x | 2.12x | 1.97x | 1.81x | 2.15x | 1.34x | 1.18x | 1.37x | 1.98x | 2.36x | 2.83x | 3.50x | 4.67x | 4.88x | 5.16x |
| Quick Ratio | 1.98x | 2.17x | 2.32x | 2.45x | 2.72x | 2.25x | 1.99x | 1.69x | 1.57x | 1.82x | 1.02x | 0.96x | 1.11x | 1.56x | 1.90x | 2.26x | 2.92x | 4.11x | 4.44x | 4.82x |
| Cash Conversion Cycle | 69.81 | 58.4 | -14.49 | -201.19 | -32.3 | -8.56 | 52.32 | 140.45 | 185.97 | 366.5 | 999.22 | 512.97 | 912.72 | 1.9K | 1.14K | 2.61K | 1.61K | 1.11K | 1.1K | 561.01 |
| Total Non-Current Liabilities | 208.5M | 212.66M | 187.81M | 191.53M | 158.34M | 141.43M | 143.49M | 158.74M | 134.35M | 136.8M | 123.95M | 122.93M | 123.85M | 123.42M | 61.93M | 63.38M | 64.94M | 68.17M | 28.36M | 68.62M |
| Long-Term Debt | 82.75M | 87.6M | 59.9M | 62M | 20.5M | 7.5M | 14M | 15.5M | 9.31M | 10.69M | 3.08M | 3.46M | 3.85M | 4.23M | 4.62M | 5M | 17M | 20M | 20M | 20M |
| Capital Lease Obligations | 114.32M | 115.6M | 117.85M | 120.22M | 125.72M | 123.14M | 119.09M | 93.56M | 75.31M | 76.16M | 70.86M | 69.69M | 69.91M | 70.18M | 8.29M | 10.63M | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 5.78M | 292K | 292K | 292K | 292K | 292K | 292K | 292K | 292K | 292K | 292K | 292K | 292K | 292K | 292K | 292K | 292K | 292K | 0 | 292K |
| Other Non-Current Liabilities | 5.65M | 8.99M | 9.37M | 9.02M | 11.83M | 10.18M | 9.39M | 48.29M | 47.96M | 47.75M | 47.45M | 46.97M | 46.87M | 46.91M | 46.83M | 45.48M | 45.48M | 45.48M | 8.36M | 45.48M |
| Total Liabilities | 936.72M | 875.35M | 765.84M | 678.26M | 628.68M | 641.73M | 675.32M | 379.64M | 384.43M | 335.59M | 345.05M | 420.72M | 406.19M | 313.05M | 235.04M | 213.18M | 201.39M | 186.74M | 152.63M | 194.5M |
| Total Debt | 452.92M | 468.22M | 366.34M | 305.6M | 233.5M | 315.17M | 306.79M | 159.89M | 163.55M | 137.49M | 141.41M | 218.31M | 200.06M | 139.59M | 57.71M | 51.84M | 30M | 30M | 30M | 35M |
| Net Debt | 166.69M | 241.03M | -12.24M | -76.86M | -377.38M | -296.58M | -316.64M | -90.97M | -64.7M | -95.55M | 14.35M | 34.2M | -49.24M | 2.17M | -149.42M | -152.26M | -216.86M | -254.39M | -289.92M | -427.47M |
| Debt / Equity | 0.41x | 0.45x | 0.36x | 0.33x | 0.24x | 0.42x | 0.48x | 0.75x | 0.76x | 0.57x | 1.51x | 3.19x | 1.60x | 0.73x | 0.24x | 0.19x | 0.09x | 0.07x | 0.06x | 0.07x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | -4.12x | -45.51x | -78.65x | -65.49x | -50.66x | -53.61x | -87.92x | -72.39x | -105.72x | -91.95x | -89.82x | -5.83x | -45.67x | -139.97x | -166.94x | -143.91x | -225.13x | -151.40x | -156.37x | -157.40x |
| Total Equity | 1.11B | 1.05B | 1.01B | 922.48M | 955.81M | 746.8M | 639.36M | 213.36M | 214.22M | 241.27M | 93.92M | 68.46M | 124.68M | 191.51M | 236.48M | 275.03M | 334.05M | 422.04M | 508.61M | 523.59M |
| Equity Growth % | 16.6% | 40.89% | 57.93% | 332.35% | 346.19% | 209.53% | 580.79% | 211.65% | 71.82% | 25.98% | -60.29% | -75.11% | -62.68% | -54.62% | -53.5% | -47.47% | 20.29% | 42.79% | 71.83% | 71.14% |
| Book Value per Share | 30.40 | 28.32 | 27.90 | 25.63 | 27.06 | 12.06 | 9.72 | 3.37 | 3.42 | 3.90 | 1.56 | 1.16 | 2.16 | 3.34 | 4.13 | 4.81 | 5.89 | 7.59 | 9.18 | 9.48 |
| Total Shareholders' Equity | 1.12B | 1.05B | 1.01B | 922.62M | 955.64M | 746.61M | 639.1M | 213M | 213.79M | 240.64M | 93.22M | 67.61M | 124.26M | 190.87M | 235.41M | 273.74M | 332.6M | 421.49M | 467.78M | 522.57M |
| Common Stock | 92.06K | 92K | 91K | 90K | 90K | 87K | 85K | 81K | 80K | 80K | 77K | 75K | 75K | 75K | 75K | 75K | 75K | 73K | 73K | 73K |
| Retained Earnings | -2.22B | -2.23B | -2.14B | -2.06B | -1.98B | -1.94B | -1.89B | -1.82B | -1.75B | -1.68B | -1.62B | -1.54B | -1.45B | -1.34B | -1.26B | -1.19B | -1.12B | -1.02B | -943.56M | -870.2M |
| Treasury Stock | -10.09M | -10.09M | -10.09M | -10.09M | -10.09M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 5.91M | 14.2M | 21.3M | 25.31M | 25.54M | 6.83M | 19.89M | 17.07M | 16.32M | 20.8M | 20.45M | 15.48M | 16.2M | 17.45M | 6.63M | -5.81M | -4.7M | 937K | -1.33M | 5.59M |
| Minority Interest | -585.37K | -633K | -285K | -135K | 171K | 190K | 266K | 363K | 427K | 625K | 693K | 858K | 420K | 641K | 1.06M | 1.29M | 1.45M | 548K | 40.82M | 1.02M |