“EHang to Report Q2 Financial Results on August 26th”
EHang has announced this week that its Q2 financial results will be reported before the the U.S market opens on Tuesday, August 26th. The company’s management team is to host an earnings conference call at 8 am (U.S ET). To join this call via phone, participants must use the following link to complete an online registration process.
Upon registering, each participant will receive email instructions to access the conference, including dial-in information and a PIN number allowing access.
Participant Online Registration
English line: https://registrations.events/direct/NTM69265959
Chinese line: https://registrations.events/direct/NTM943227
A live and archived webcast of the call will be available on EHang’s Investors Relations website at: http://ir.ehang.com/.
It is difficult to know how Q2 earnings have faired. While the company continues to globetrot around the world to boost its profile, by appearing at a wide variety of airshows and general events (see below for recent examples), what matters is the revenue stream and is this growing? At least, compared to Western competitors like Joby and Archer, EHang is actually attracting money in real-time.
Unfortunately, Q1 disappointed the market and since EHang’s share price has been lacklustre, stuck in a trading corridor between USD15 and USD20 compared to previous highs in February of over USD26. It is unclear whether Q2 earnings will be sufficient to push the share price through this USD20 barrier.
Given the company obtained the world’s first Type Certificate for a pilotless eVTOL (September ’24) and was then granted Air Operator Certificates for passenger flight services (March ’25), shouldn’t EHang not be achieving more sales and therefore increasing its revenue?
On the positive side, in June, the company did announce an order of 50 EH216‑S from Guizhou and Partners/Anshun Government and Changchun Jingyue High-Tech Zone stated 41 craft would be used/deployed by them.
Yet, EHang appears to be focussing on the specialist tourism market rather than general UAM services and the low altitude economy where, surely, its primary revenue lies?
Edit (Friday, August 22nd): Based on two analyst forecasts, www.tradingview.com/ says: “EHang is expected to show a rise in quarterly revenue ending June 30th (Q2) when it reports on Tuesday. The company is expected to report a 78.1 percent increase in revenue to CNY180.982 million from CNY101.65 a year ago.”
For more information
(Top image: EHang 216‑S Displayed at the Paris Airshow in June — Credit: John Hill/GlobalData)
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