EHang Holdings Ltd. · NASDAQ:EH
EHang — Q1 2023 Earnings Presentation
14 slides from EHang's earnings presentation, May 31, 2023
Slide 1: Q1 2023 Operational & Financial Highlights
EHang Holdings Limited Q1 2023 Operational & Financial Highlights May 31, 2023 www.ehang.com 1 1
Slide 2: Disclaimer
Disclaimer These materials have been prepared by EHang Holdings Limited (the “Company”) solely for informational purposes and have not been independently verified. No representations or warranties, express or implied, are made as to, and no reliance should be placed on, the accuracy, fairness, compl
Slide 3: Q1 2023 Highlights and Recent Updates
Q1 2023 Highlights and Recent Updates Ø Total Revenues Up 41.6% Quarter-over-Quarter Ø Continued High Quarterly Gross Margin of 60%+ Ø EH216-S Type Certification’s Compliance Tests in Final Phase Completed More Than 90% Ø Notable Growth of Customer Orders & Deliveries in China Ø US$10 Million Strate
Slide 4: EH216-S Type Certification's Compliance Tests in Final Phase Completed More Than 90%
EH216-S Type Certification’s Compliance Tests in Final Phase Completed More Than 90% Type Certificate Concept Design Requirement Definition Compliance Planning Implementation Authorized Application Rules Guidance Conforming Aircraft TC Application Issue Book Manufacturing TC Application Accepted by
Slide 5: Increased Deliveries and Continued Trial Operations
Increased Deliveries and Continued Trial Operations Q1 2023 Sales & Deliveries 100 Air Mobility Routes Initiative 11 units of EH216 series AAVs ~8,800 safe operational trial flights To customers from Guangxi, Anhui, Jiangsu, Guangdong in China, and Japan 19 trial operation spots in 17 cities EH216 s
Slide 6: New Customers and Partners for Aerial Tourism and Smart City Management
New Customers and Partners for Aerial Tourism and Smart City Management Xiyu Tourism XAIC Fengshan Tourism Investment Development Co. • A leading tourism company in Xinjiang and a • An aerospace investment enterprise sponsored SZSE listed company (300859.SZ) by the Xi’an municipal government • Deliv
Slide 7: Japan's First Passenger-Carrying Autonomous eVTOL Flight Demonstration by EH216-S
Japan’s First Passenger-Carrying Autonomous eVTOL Flight Demonstration by EH216-S • Japan’s first passenger-carrying autonomous eVTOL flight demonstration by EH216-S in an open airspace in February, 2023 • EH216-S trial flight footprint at 6 cities in Japan • EHang was inducted into Japan’s Public-P
Slide 8: Upcoming Events
Upcoming Events June 1 Morgan Stanley China Summit 2023 Hongkong, China June 19 - 25 54th International Paris Air Show Paris, France 88
Slide 9: Financial Performance for Q1 2023
Financial Performance for Q1 2023 9 9
Slide 10: Q1 2023 Financial Highlights
Q1 2023 Financial Highlights ü Total Revenues Up 41.6% Quarter-over-Quarter ü Continued High Quarterly Gross Margins of 60%+ (RMB '000) Q1 2023 Q4 2022 QoQ (Unaudited) (Unaudited) Total revenues 22,201 15,683 41.6% Gross profit 14,194 10,365 36.9% Gross margin 63.9% 66.1% 2.2Pp2) Adjusted gross prof
Slide 11: Condensed Consolidated Balance Sheets
Condensed Consolidated Balance Sheets As of December 31, 2022 As of March 31, 2023 (RMB '000) (Audited) (Unaudited) Current assets: Cash and cash equivalents 249,310 184,114 Restricted short-term deposits - 33,437 Accounts receivable, net 20,298 24,822 Inventories, net 72,364 66,197 Prepayments and
Slide 12: Condensed Consolidated Statements of Comprehensive Loss
Condensed Consolidated Statements of Comprehensive Loss 2022 Q1 2022 Q4 2023 Q1 (RMB '000) (Unaudited) (Unaudited) (Unaudited) Total revenues 5,790 15,683 22,201 Costs of revenues (2,174) (5,318) (8,007) Gross profit 3,616 10,365 14,194 Operating expenses: Sales and marketing expenses (12,697) (15,5
Slide 13: EHang Investment Highlights
EHang Investment Highlights 01 The World’s First Publicly Traded Urban Air Mobility Company 02 Massive, Fast-Growing Target Market Ready for True Disruption Global Market Leader and First Mover of Commercialization Ahead of Competition 03 World’s Leading Scalable Urban Air Mobility Platform with Int
Slide 14: THANK YOU
THANK YOU www.ehang.com Investor Contact: ir@ehang.com 14 14