EHang Holdings Ltd. · NASDAQ:EH
EHang — Q2 2023 Earnings Presentation
15 slides from EHang's earnings presentation, Aug 17, 2023
Slide 1: Q2 2023 Operational & Financial Highlights
EHang Holdings Limited Q2 2023 Operational & Financial Highlights August 17, 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: Business Highlights for Q2 2023 and Recent Updates
Business Highlights for Q2 2023 and Recent Updates • All Planned Tests for EH216-S Type Certification Completed 100% • Strategic UAM Operational Partnership with Shenzhen Bao’an District • US$23 Million Strategic PIPE Investment to Strengthen Liquidity • Delivered 5 Units of EH216-S AAVs to Joint Ve
Slide 4: All Planned Tests for EH216-S Type Certification Completed 100%
All Planned Tests for EH216-S Type Certification Completed 100% Requirement Definition Type Certificate Concept Design Compliance Planning Implementation Authorized Conforming Aircraft Application Rules Guidance TC Application Issue Book Manufacturing TC Application Accepted by Certification Basis C
Slide 5: Strategic UAM Operational Partnership with Shenzhen Bao'an District
Strategic UAM Operational Partnership with Shenzhen Bao’an District • In July 2023, EHang reached a Memorandum of Understanding (“MOU”) with the Bao’an District Government of Shenzhen municipality on a strategic partnership for UAM operations after the certification of EH216-S. • Will jointly develo
Slide 6: US$23 Million Strategic PIPE Investment to Strengthen Liquidity
US$23 Million Strategic PIPE Investment to Strengthen Liquidity • In July 2023, EHang secured a new round of US$23 million of equity investment through a private placement from several strategic investors led by Mr. Lee Soo Man (“Mr. Lee”), a renowned K-Pop music mogul. • EHang and Mr. Lee will coll
Slide 7: AAV Sales & Trial Operation
AAV Sales & Trial Operation Q2 2023 Sales & Deliveries Wuhan,China Delivered 5 units of EH216-S AAVs to Joint Venture with Xiyu Tourism, a Shenzhen-listed leading tourism company in China. EH216-S order pipeline in China reached 100+ units *Some deliveries have been extended to be post TC of EH216-S
Slide 8: Extended Flight Footprints in Asia and Europe
Extended Flight Footprints in Asia and Europe Japan Caesarea, Israel Tel Aviv, Israel Belgium • In June, EHang extended its flight • In July, test flights to transport blood bags in footprints to Okinawa with EH216-S, Belgium using EH216-S were conducted with making the 7th Japanese city that it has
Slide 9: Global Flight Footprints of EHang AAVs
Global Flight Footprints of EHang AAVs Accumulated 39,000+ demo and trial flights in 14 countries across Asia, Europe, Americas* Netherlands Estonia Austria Korea Canada Netherlands Estonia Spain USA Canada Belgium Austria Korea China USA Spain Israel Japan Israel Japan 阿联酋 Indonesia Qatar UAE Qatar
Slide 10: Financial Performance for Q2 2023
Financial Performance for Q2 2023 10 10 10
Slide 11: Q2 2023 Financial Summary
Q2 2023 Financial Summary (RMB '000) Q2 2023 Q1 2023 (Unaudited) (Unaudited) Total revenues 10,006 22,201 Gross profit 6,020 14,194 Gross margin 60.2% 63.9% Adjusted gross profit1) 6,020 14,194 Adjusted gross margin1) 60.2% 63.9% Adjusted operating expenses1) (58,045) (50,106) Adjusted operating los
Slide 12: Condensed Consolidated Balance Sheets
Condensed Consolidated Balance Sheets As of December 31, 2022 As of June 30, 2023 (RMB '000) (Audited) (Unaudited) Current assets: Cash and cash equivalents 249,310 127,067 Restricted short-term deposits - 33,617 Accounts receivable, net 20,298 16,403 Inventories, net 72,364 70,528 Prepayments and o
Slide 13: Condensed Consolidated Statements of Comprehensive Loss
Condensed Consolidated Statements of Comprehensive Loss 2022 Q2 2023 Q1 2023 Q2 (RMB '000) (Unaudited) (Unaudited) (Unaudited) Total revenues 14,618 22,201 10,006 Costs of revenues (4,805) (8,007) (3,986) Gross profit 9,813 14,194 6,020 Operating expenses: Sales and marketing expenses (12,243) (12,4
Slide 14: 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 15: THANK YOU
THANK YOU www.ehang.com Investor Contact: ir@ehang.com 15 15