9 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings, in CNY as reported — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 18.3% per year over the past 5 years.
Operating margin has contracted, at -75.8% in the latest year.
Financial health
The company holds more cash (CN¥256M) than total debt (CN¥93M).
Total debt has grown faster than revenue (46.6% vs 18.3% per year).
Operating income covered interest expense -53.0× in the latest year.
The company is unprofitable and has less than a year of cash runway at its current free-cash-flow burn.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
CN¥418M
-CN¥276M
61.5%
-75.8%
-25.8%
-13.9%
-CN¥327M
CN¥93M
CN¥256M
2024
CN¥456M
-CN¥230M
61.4%
-55.7%
-24.0%
-14.5%
CN¥119M
CN¥31M
CN¥611M
2023
CN¥117M
-CN¥302M
64.1%
-252.3%
-141.1%
-50.4%
-CN¥96M
CN¥13M
CN¥228M
2022
CN¥44M
-CN¥328M
65.9%
-685.9%
-264.1%
-61.8%
-CN¥186M
CN¥17M
CN¥249M
2021
CN¥57M
-CN¥314M
63.4%
-564.3%
-94.4%
-58.6%
-CN¥137M
CN¥20M
CN¥247M
2020
CN¥180M
-CN¥88M
59.0%
-50.7%
-31.7%
-18.1%
-CN¥160M
—
CN¥138M
2019
CN¥122M
-CN¥49M
58.5%
-38.0%
-15.6%
-10.8%
-CN¥58M
CN¥33M
CN¥322M
2018
CN¥66M
-CN¥79M
50.8%
-111.8%
14.5%
-63.5%
-CN¥48M
—
CN¥62M
2017
CN¥32M
-CN¥87M
13.2%
-397.3%
—
—
-CN¥50M
—
CN¥61M
Frequently asked questions
Is EH growing its revenue and profit?
Over the past 5 years, Ehang Holdings Ltd's revenue has grown 18.3% per year. These are computed facts, not advice.
How much debt does EH have?
As of FY2025, Ehang Holdings Ltd reported CN¥93M of total debt against CN¥256M of cash; operating income covered interest expense -53.0×.
What is EH's profit margin?
In FY2025, gross margin was 61.5%, operating margin -75.8%, and net margin -66.0%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — its annual and interim reports, in CNY as reported (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (annual and interim filings, reported in CNY) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.