EHANG HOLDINGS LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 18.24 USD | +0.27% |
|
+4.29% | +8.57% |
| Apr. 26 | EHang, Multi Level Group, Abu Dhabi Investment Office to Drive Electric Aircraft Development in UAE | MT |
| Apr. 19 | EHang Issues Preliminary Prospectus for Future Stock, Debt Sales | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 3,969 | 7,538 | 5,253 | 3,369 | 6,936 | 8,365 | - | - |
| Enterprise Value (EV) 1 | 3,685 | 7,401 | 5,036 | 3,231 | 6,936 | 8,225 | 8,071 | 7,817 |
| P/E ratio | -30.2 x | -86.1 x | -17 x | -10.3 x | -24 x | -82.1 x | 69.6 x | 31.5 x |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | 32.6 x | 41.9 x | 92.5 x | 76 x | 59.1 x | 20.4 x | 10.1 x | 7.09 x |
| EV / Revenue | 30.3 x | 41.1 x | 88.7 x | 72.9 x | 59.1 x | 20.1 x | 9.7 x | 6.63 x |
| EV / EBITDA | -142 x | -87 x | -16.1 x | -16.3 x | - | -110 x | 47.1 x | 26.4 x |
| EV / FCF | - | - | - | - | - | - | - | - |
| FCF Yield | - | - | - | - | - | - | - | - |
| Price to Book | 14.7 x | 54.6 x | 32.2 x | - | - | 139 x | 76 x | 23.1 x |
| Nbr of stocks (in thousands) | 53,038 | 54,729 | 55,429 | 56,930 | 58,168 | 63,286 | - | - |
| Reference price 2 | 74.84 | 137.7 | 94.77 | 59.18 | 119.2 | 132.2 | 132.2 | 132.2 |
| Announcement Date | 3/25/20 | 4/16/21 | 3/29/22 | 3/22/23 | 3/15/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 121.8 | 180.1 | 56.81 | 44.32 | 117.4 | 409.3 | 831.9 | 1,179 |
| EBITDA 1 | -25.92 | -85.1 | -312.8 | -198.1 | - | -74.46 | 171.2 | 295.8 |
| EBIT 1 | -31.6 | -36.44 | -199.4 | -207.1 | -296.3 | -129.5 | 84.33 | 248.4 |
| Operating Margin | -25.94% | -20.23% | -351.02% | -467.21% | -252.29% | -31.65% | 10.14% | 21.06% |
| Earnings before Tax (EBT) 1 | -47.17 | -92.07 | -313.5 | -329.4 | -300.6 | -101.8 | 118.4 | 269.4 |
| Net income 1 | -75.79 | -87.62 | -314 | -328.2 | -301.7 | -101.8 | 117.9 | 263.1 |
| Net margin | -62.22% | -48.65% | -552.68% | -740.62% | -256.93% | -24.88% | 14.18% | 22.31% |
| EPS 2 | -2.480 | -1.600 | -5.560 | -5.720 | -4.960 | -1.610 | 1.900 | 4.195 |
| Free Cash Flow | - | - | - | - | - | - | - | - |
| FCF margin | - | - | - | - | - | - | - | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - | - |
| Dividend per Share 2 | - | - | - | - | - | - | - | - |
| Announcement Date | 3/25/20 | 4/16/21 | 3/29/22 | 3/22/23 | 3/15/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | - | 8.226 | 15.68 | 22.2 | 14.62 | 28.62 | 56.6 | 47.18 | 84.78 | 115.6 | 164.3 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | - | -73.66 | -61.34 | -34.31 | -51.35 | -70.01 | -75.19 | -48.11 | -34.28 | -11.62 | 6.932 |
| Operating Margin | - | -895.49% | -391.12% | -154.53% | -351.27% | -244.66% | -132.84% | -101.98% | -40.43% | -10.05% | 4.22% |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - | - |
| Net income | -73.55 | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - | - |
| EPS 2 | -1.280 | -1.320 | -1.900 | -1.480 | -1.260 | -1.080 | -1.160 | -0.6300 | -0.4000 | -0.0400 | 0.2600 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 8/18/22 | 12/2/22 | 3/22/23 | 5/31/23 | 8/17/23 | 11/22/23 | 3/15/24 | - | - | - | - |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | 284 | 138 | 217 | 138 | - | 140 | 294 | 548 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - |
| ROE (net income / shareholders' equity) | - | -11.1% | -63.3% | - | - | -254% | 44.7% | 69.3% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share 2 | 5.100 | 2.520 | 2.940 | - | - | 0.9500 | 1.740 | 5.710 |
| Cash Flow per Share 2 | - | - | - | - | - | -2.400 | 1.030 | 2.490 |
| Capex | - | - | - | - | - | - | - | - |
| Capex / Sales | - | - | - | - | - | - | - | - |
| Announcement Date | 3/25/20 | 4/16/21 | 3/29/22 | 3/22/23 | 3/15/24 | - | - | - |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
132.2
CNY
Average target price
172.5
CNY
Spread / Average Target
+30.53%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +8.57% | 1.15B | |
| +1.78% | 111B | |
| -35.85% | 103B | |
| +13.73% | 17.19B | |
| +7.57% | 16.5B | |
| +48.28% | 4.76B | |
| +12.33% | 4.37B | |
| -19.55% | 3.78B | |
| +2.39% | 3.49B | |
| -26.78% | 1.44B |
- Stock Market
- Equities
- EH Stock
- Financials EHang Holdings Limited
