EHang Holdings Ltd. · NASDAQ:EH
EHang — Q3 2022 Earnings Presentation
12 slides from EHang's earnings presentation, Dec 2, 2022
Slide 1: Q3 2022 Earnings Highlights
EHang Holdings Limited Q3 2022 Earnings Highlights December 2, 2022 www. e h a n g. co m Photo taken in Maoming, Guangdong, China 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: Operational Highlights for Q3 2022 & Recent Updates
OPERATIONAL HIGHLIGHTS FOR Q3 2022 & RECENT UPDATES Photo taken in Sakaide City, Kagawa Prefecture, Japan 3 3
Slide 4: China's First Type Certification Project of Human-Carrying UAS - EH216-S
China’s First Type Certification (TC) Project of Human-Carrying Unmanned Aerial Systems (UAS) - EH216-S There hadn’t been any airworthiness certification standards applicable to the human-carrying UAS in the world. As the first-mover, EHang conducted many years of practical and safe flight tests to
Slide 5: UAM Platform Operator with Integrated Business Model of AAV Sales & Flight Operations
UAM Platform Operator with Integrated Business Model of AAV Sales & Flight Operations 4 units of EH216 series delivered in Q3 2022 6,800+ operational trial flights 1,200+ units of passenger-grade AAVs 15 operation spots in unfulfilled pre-order book e.g. Guangzhou, Shenzhen, Shanghai, Hezhou, Zhaoqi
Slide 6: Increasing Partnership and Flight Demonstrations in Asia and Europe
Increasing Partnership and Flight Demonstrations in Asia and Europe CHINA JAPAN EUROPE ✓ Partnership with HAECO in ✓ EH216 flight demonstrations in ✓ Flight demonstrations in Spain ✓ Participation in SAMVA project manufacturing and assembly, 4 Japanese cities to mark under the EU SESAR AMU-LED under
Slide 7: Financial Highlights for Q3 2022
FINANCIAL HIGHLIGHTS FOR Q3 2022 Photo taken in Lugo, Galicia, Spain 7 7
Slide 8: Q3 2022 Financial Highlights
Q3 2022 Financial Highlights ✓ Continued High Quarterly Gross Margin of 65.9% Q3 2022 Q2 2022 (RMB '000) (Unaudited) (Unaudited) QoQ Total revenues 8,226 14,618 -43.7% Gross profit 5,425 9,813 -44.7% Gross margin 65.9% 67.1% -1.2Pp2) Adjusted gross profit1) 5,425 9,813 -44.7% Adjusted gross margin1)
Slide 9: Condensed Consolidated Balance Sheets
Condensed Consolidated Balance Sheets As of December 31, 2021 As of September 30, 2022 (RMB '000) (Audited) (Unaudited) Current assets: Cash and cash equivalents 246,863 137,421 Restricted cash 160 - Short-term investments 65,108 71,360 Accounts receivable, net 56,189 39,125 Inventories, net 78,075
Slide 10: Unaudited Condensed Consolidated Statements of Comprehensive Loss
Unaudited Condensed Consolidated Statements of Comprehensive Loss (RMB '000) 2021 Q3 2022 Q2 2022 Q3 Total revenues 12,965 14,618 8,226 Costs of revenues (4,955) (4,805) (2,801) Gross profit 8,010 9,813 5,425 Operating expenses: Sales and marketing expenses (10,740) (12,243) (12,669) General and adm
Slide 11: Investment Highlights
Investment Highlights The World’s First Publicly Traded Urban Air Mobility Company Massive, Fast-Growing Target Market Ready for True Disruption Global Market Leader and First Mover of Commercialization Ahead of Competition World’s Leading Scalable Urban Air Mobility Platform with Integrated Product
Slide 12: Thank You
THANK YOU www.ehang.com Investor Contact: ir@ehang.com 12 12