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Earnings Call Summary | EHang(EH.US) Q1 2024 Earnings Conference

Earnings Call Summary | EHang(EH.US) Q1 2024 Earnings Conference

财报电话会议摘要 | 亿航(EH.US)2024 年第一季度业绩发布会
富途资讯 ·  05/21 06:10  · 电话会议

The following is a summary of the EHang Holdings Limited (EH) Q1 2024 Earnings Call Transcript:

以下是亿恒控股有限公司(EH)2024年第一季度财报电话会议记录摘要:

Financial Performance:

财务业绩:

  • EHang's Q1 2024 total revenue increased significantly by 178% YoY to RMB 61.7 million.

  • The gross margin was 61.9%, indicating high profitability.

  • Operating expenses showed a minor increase, up 8.7% YoY to RMB 54.5 million.

  • Adjusted operating loss reduced by 63.4% YoY to RMB 12.6 million.

  • Predictions for Q2 2024 revenues show a substantial increase, anticipated to reach around RMB 90 million, which would be an over 800% rise YoY.

  • 亿航集团2024年第一季度的总收入同比大幅增长178%,达到人民币6,170万元。

  • 毛利率为61.9%,表明盈利能力高。

  • 运营支出略有增长,同比增长8.7%,至人民币5,450万元。

  • 调整后的营业亏损同比下降63.4%,至1,260万元人民币。

  • 对2024年第二季度收入的预测显示出大幅增长,预计将达到约9000万元人民币,同比增长800%以上。

Business Progress:

业务进展:

  • EHang obtained the Production Certificate from the CAAC, allowing mass production of EH216-S, following its Type Certificate acquisition last year.

  • The company achieved a record delivery of 26 EH216 series products in Q1 2024, more than double YoY.

  • EHang has been involved in multiple low-altitude economy projects in China and overseas regions, including the UAE, Costa Rica, and Japan.

  • Strategic partnerships have been established with Guangzhou Automobile Company and Greater Bay Technology for improvements in intelligent manufacturing, mobility products, and Ultra-Fast Charging battery solutions for eVTOL aircraft.

  • The company has secured orders from the government, scenic areas, and foreign clientele with planned Q2 delivery volumes expected to markedly outpace Q1.

  • The appointment of Mr. Zhao Wang as the Co-Chief Operating Officer is anticipated to fuel commercial operations.

  • Progress is seen with stable deliveries from suppliers, localized components for EH216, and the development and testing of new battery variants in partnership with Greater Bay Technology.

  • Research and airworthiness preparations for the VT-30 product are underway.

  • 继去年获得型号证书后,亿航获得了中国民航局颁发的生产证书,允许批量生产 EH216-S。

  • 该公司在 2024 年第一季度实现了创纪录的 26 个 EH216 系列产品的交付量,同比增长了一倍多。

  • 亿航参与了中国和海外地区的多个低海拔经济项目,包括阿联酋、哥斯达黎加和日本。

  • 已经与广州汽车公司和大湾科技建立了战略合作伙伴关系,以改进eVTOL飞机的智能制造、移动产品和超快速充电电池解决方案。

  • 该公司已获得政府、风景区和外国客户的订单,第二季度的计划交付量预计将明显超过第一季度。

  • 王昭先生被任命为联席首席运营官预计将推动商业运营。

  • 在供应商的稳定交付、EH216 的本地化组件以及与大湾科技合作开发和测试新的电池变体方面,取得了进展。

  • VT-30 产品的研究和适航准备工作正在进行中。

More details: EHang IR

更多详情: eHang IR

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

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