EHang Holdings Ltd. · NASDAQ:EH
EHang — FY2021 Earnings Presentation
14 slides from EHang's earnings presentation, Mar 29, 2022
Slide 1: Q4 and FY 2021 Earnings Highlights
EHang Holdings Limited Q4 and FY 2021 Earnings Highlights March 29, 2022 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 Q4 and FY 2021 and Recent Developments
OPERATIONAL HIGHLIGHTS FOR Q4 AND FY 2021 AND RECENT DEVELOPMENTS 3
Slide 4: Progress of the CAAC Type Certification for EH216-S AAV
Progress of the CAAC* Type Certification (“TC”) for EH216-S AAV 2021.01 2021.04 2021.12 2022.02 In Progress 2022 Draft Special Conditions for Special Conditions PSCP Type Certificate TC application Expert team accepted by the established by EH216-S TC published by the for EH216-S TC formally adopted
Slide 5: 4,000+ Operational Trial Flights Conducted under Air Mobility Routes Initiative
4,000+ Operational Trial Flights Conducted under 100 Air Mobility Routes Initiative * 4,000+ operational trial flights 9 operation spots were conducted in various such as Guangzhou, Hezhou, Shenzhen, Zhaoqing practical scenarios * and Sanya Objective: ü To develop 100 air mobility routes with an ini
Slide 6: Partnerships on UAM and Smart City Projects in Major Chinese Cities
Partnerships on UAM and Smart City Projects in Major Chinese Cities ü Cooperation in smart city transportation network Shenzhen Expressway ü Shenzhen's first AAV command-and-control platform for expressway network management, emergency rescue and safety operations ü Established a JV company for AAV
Slide 7: Sizable AAV Pre-Orders and Growing UAM Market Demand from Asian Countries
Sizable AAV Pre-Orders and Growing UAM Market Demand from Asian Countries INDONESIA JAPAN MALAYSIA ü Debut demo flight in Bali ü The first order for VT-30 ü Pre-order for 50 units of the ü Pre-order for 50 units of EH216 series from AirX Inc., a EH216 series and 10 units of ü Cooperation with Presti
Slide 8: Unfulfilled Pre-Orders for EHang Passenger-Grade AAVs
Unfulfilled Pre-Orders for EHang Passenger-Grade AAVs 1) 1000+ Unfulfilled pre-orders from customers including but not limited to: ü As of March 29, 2022, we have unfulfilled pre- orders for over 1,000 units of our passenger- grade AAV products, including the EH216 series and the VT-30, on a cumulat
Slide 9: Financial Highlights for Q4 and FY 2021
FINANCIAL HIGHLIGHTS FOR Q4 AND FY 2021 9
Slide 10: Q4 2021 and FY 2021 Financial Summary
Q4 2021 and FY 2021 Financial Summary • Annual Gross Margin Reached 63.4% (RMB ‘000, except for percentages) Q4 2021 Q3 2021 FY2021 FY2020 (Unaudited) (Unaudited) (Unaudited) (Audited) Total revenues 8,701 12,965 56,807 180,093 Gross profit 5,227 8,010 36,030 106,179 Gross margin 60.1% 61.8% 63.4% 5
Slide 11: Condensed Consolidated Balance Sheets
Condensed Consolidated Balance Sheets (RMB '000) As of December 31, 2020 As of December 31, 2021 (Audited) (Unaudited) Current assets: Cash and cash equivalents 137,840 246,863 Restricted cash 2,333 160 Short-term investments 49,271 65,108 Accounts receivable 163,146 56,189 Cost and estimated earnin
Slide 12: Condensed Consolidated Statements of Comprehensive Loss
Condensed Consolidated Statements of Comprehensive Loss (RMB '000) 2021 Q3 2021 Q4 FY 2020 FY 2021 (Unaudited) (Unaudited) (Audited) (Unaudited) Total revenues 12,965 8,701 180,093 56,807 Costs of revenues (4,955) (3,474) (73,914) (20,777) Gross profit 8,010 5,227 106,179 36,030 Operating expenses:
Slide 13: Investment Highlights
Investment Highlights 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 Sui
Slide 14: Thank You
THANK YOU www.ehang.com Investor Contact: ir@ehang.com 14