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Income Statement (CNY)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 128M | 25.6% |
| Gross Profit | 78M | 23.2% |
| Cost of Revenue | 50M | 29.6% |
| Operating expense | 133M | 5.6% |
| Net Income | -48M | 32.8% |
| EBITDA | -45M | 35.4% |
Balance Sheet (CNY)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 1.39B | 5.6% |
| Total Liabilities | 642M | 5% |
| Total Equity | 747M | 16.8% |
| Shares Outstanding | 218M | 243.7% |
Cash Flow (CNY)
| Q3 '24 | QoQ |
|---|
Financial Highlights for EHang Holdings in Q3 '24
EHang Holdings reported a revenue of 128M, which is a 25.6% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 78M, marking a 23.2% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 50M, a 29.6% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 133M, showing a -5.6% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was -48M, showing a 32.8% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was -45M, showing a 35.4% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for EHang Holdings with growth in revenue, gross profit, and net income. An increase in the cost of revenue, higher than the revenue growth, suggests potential margin pressures.
