Published on 29 Apr 2024 on Simply Wall St. via Yahoo Finance
EHang Holdings Limited's (NASDAQ:EH) Shift From Loss To Profit
We feel now is a pretty good time to analyse EHang Holdings Limited's (NASDAQ:EH) business as it appears the company may be on the cusp of a considerable accomplishment. EHang Holdings Limited operates as an autonomous aerial vehicle (AAV) technology platform company in the People’s Republic of China, East Asia, West Asia, Europe, and internationally. The US$1.2b market-cap company announced a latest loss of CN¥302m on 31 December 2023 for its most recent financial year result. Many investors are wondering about the rate at which EHang Holdings will turn a profit, with the big question being “when will the company breakeven?” We've put together a brief outline of industry analyst expectations for the company, its year of breakeven and its implied growth rate.
See our latest analysis for EHang Holdings