EHang Holdings Limited balance sheet EH

Annual Quarterly

As of Dec 31, 2025, EHang Holdings Limited had total assets of $284.8 million and total liabilities of $132.0 million. Total assets were up 31.2% from a year earlier. Stockholders' equity was $152.9 million. It held $157.2 million in cash and investments against $31.9 million of total debt, net cash of $125.4 million. The current ratio, current assets divided by current liabilities, was 2.07.

USD in millions, except ratios and per-share amounts. The percent under a figure is the change from the year before.

FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
FY 2021
Dec 31, 2021
FY 2020
Dec 31, 2020
FY 2019
Dec 31, 2019
Assets
Cash
37
-56.2%
84
+160.3%
32
-11.1%
36
-6.7%
39
+83.4%
21
-54.3%
46
Short-term investments
121
+71.3%
70
+769.0%
8
0
-100.0%
10
+35.3%
8
+585.2%
1
Long-term investments
—
5
+78.8%
3
+81.3%
1
+48.0%
1
+115.7%
0
+4.4%
0
Cash and investments
157
-0.9%
159
+270.5%
43
+14.0%
38
-24.7%
50
+71.4%
29
-39.0%
48
Receivables
16
+100.3%
8
+62.7%
5
+66.5%
3
-66.6%
9
-64.7%
25
+323.4%
6
Inventory
15
+40.2%
10
+23.7%
8
-20.1%
10
-14.4%
12
+69.8%
7
+171.7%
3
Total current assets
212
+14.1%
186
+191.3%
64
+13.7%
56
-25.0%
75
+15.1%
65
+5.7%
62
Property and equipment, net
37
+347.2%
8
+31.3%
6
-7.9%
7
+28.6%
5
+65.9%
3
+36.8%
2
Total assets
285
+31.2%
217
+157.5%
84
+9.5%
77
-8.4%
84
+13.1%
74
+15.0%
65
Liabilities and equity
Accounts payable
19
+8.5%
17
+253.2%
5
-3.8%
5
-28.1%
7
-12.2%
8
+107.8%
4
Total current liabilities
102
+58.8%
64
+82.9%
35
-14.0%
41
+91.2%
21
-11.6%
24
+76.4%
14
Total liabilities
132
+53.3%
86
+59.1%
54
-8.1%
59
+86.4%
32
-0.3%
32
+64.6%
19
Stockholders' equity
153
+16.8%
131
+334.8%
30
+67.1%
18
-65.5%
52
+23.2%
42
-5.4%
45
Debt
Debt due within a year
1
-2.6%
1
+188.8%
0
—
0
-89.8%
5
—
Long-term debt
12
+321.2%
3
+114.2%
1
+134.9%
1
-79.1%
3
—
5
Lease liabilities
19
-1.4%
19
+66.2%
11
+4.2%
11
—
—
—
Total debt
32
+37.6%
23
+75.6%
13
+14.9%
11
+266.3%
3
-31.8%
5
-1.6%
5
Net cash
125
-7.5%
136
+357.3%
30
+13.6%
26
-44.3%
47
+90.7%
25
-43.0%
43
Ratios
Current ratio
2.07x
2.89x
1.81x
1.37x
3.50x
2.69x
4.48x
Debt to equity
0.21x
0.18x
0.44x
0.64x
0.06x
0.11x
0.10x
Return on equity
-25.82%
-24.04%
-141.12%
-264.14%
-94.40%
-31.71%
-15.58%
Return on assets
-13.86%
-14.50%
-50.40%
-61.83%
-58.64%
-18.08%
-10.80%
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except ratios and per-share amounts. Cash and investments adds short-term and long-term marketable securities to cash. Debt due within a year is the borrowings that are not already in long-term debt. Total debt is those borrowings plus lease liabilities. Net cash is cash and investments minus total debt. Return on equity and return on assets divide the trailing twelve months of net income by the balance on that date. Debt to EBITDA uses the trailing twelve months of EBITDA. More on our methodology.

Company profile

Industry
Aircraft Parts & Auxiliary Equipment, NEC (SIC 3728)
Listed as
EH (Nasdaq)
Fiscal year ends
December 31
Incorporated in
Cayman Islands
Headquarters
Guangzhou
SEC filer status
Large accelerated filer
SEC CIK
1759783

Other Aircraft Parts & Auxiliary Equipment, NEC companies

All 14 Aircraft Parts & Auxiliary Equipment, NEC companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.