v3.26.1
Consolidated Balance Sheets
¥ in Thousands, $ in Thousands
Dec. 31, 2025
CNY (¥)
Dec. 31, 2025
USD ($)
Dec. 31, 2024
CNY (¥)
Current assets:      
Cash and cash equivalents ¥ 256,400 $ 36,665 ¥ 610,877
Short-term investments 843,232 120,581 513,683
Restricted short-term deposits 29,655 4,241 30,295
Accounts receivable, net of expected credit losses of RMB103,340 and RMB111,259 (US$15,910) as of December 31, 2024 and 2025, respectively (including amounts due from related parties, net, of RMB458 and RMB5,188 (US$741) as of December 31, 2024 and 2025) 111,670 15,969 58,180
Inventories 101,634 14,533 75,687
Prepayments and other current assets (including amounts due from a related party, net, of nil and RMB2,070 (US$296) as of December 31, 2024 and 2025) 140,922 20,151 68,298
Total current assets 1,483,513 212,140 1,357,020
Non-current assets      
Property and equipment, net 258,050 36,901 60,224
Right-of-use assets, net 116,468 16,655 128,433
Land use right, net 11,347 1,623 0
Intangible assets, net 2,713 388 2,617
Investments accounted for using equity method 28,849 4,125 23,897
Other investments 45,330 6,482 9,867
Deferred tax assets 6,969 997 0
Other non-current assets 38,294 5,476 2,440
Total non-current assets 508,020 72,647 227,478
Total assets 1,991,533 284,787 1,584,498
Current liabilities:      
Short-term bank loans 229,611 32,834 64,250
Accounts payable 132,509 18,949 127,446
Contract liabilities (including amounts due to related parties of RMB2,000 and RMB2,307 (US$330) as of December 31, 2024 and 2025) 60,839 8,700 62,561
Current portion of long-term bank loans 9,800 1,401 10,500
Mandatorily redeemable non-controlling interests 0 0 40,000
Accrued expenses and other liabilities 263,439 37,671 150,196
Current portion of lease liabilities 16,278 2,328 12,527
Deferred income 817 117 1,504
Deferred government subsidies 684 98 1,209
Income taxes payable 1,820 260 150
Total current liabilities 715,797 102,358 470,343
Non-current liabilities:      
Long-term bank loans 82,700 11,826 20,500
Deferred tax liabilities 292 42 292
Unrecognized tax benefit 5,480 784 5,480
Lease liabilities 114,246 16,337 125,719
Other non-current liabilities 4,676 669 6,350
Total non-current liabilities 207,394 29,658 158,341
Total liabilities 923,191 132,016 628,684
Commitments and Contingencies
Shareholders' equity:      
Additional paid-in capital 3,335,371 476,952 2,923,178
Treasury shares (10,085) (1,442) (10,085)
Statutory reserves 3,302 472 1,772
Accumulated deficit (2,262,358) (323,513) (1,984,851)
Accumulated other comprehensive income 2,605 373 25,539
Total EHang Holdings Limited shareholders' equity 1,068,927 152,855 955,643
Non-controlling interests (585) (84) 171
Total shareholders' equity 1,068,342 152,771 955,814
Total liabilities and shareholders' equity 1,991,533 284,787 1,584,498
Class A Ordinary Shares [Member]      
Shareholders' equity:      
Common stock 68 10 66
Additional paid-in capital     5,999
Class B Ordinary Shares [Member]      
Shareholders' equity:      
Common stock ¥ 24 $ 3 ¥ 24