← BackEHang Holdings Ltd · Aircraft Parts & Auxiliary Equipment, NECEH
Elevated riskNext report: Not enough history
The short versionA company still losing money with steady sales, with elevated risk.
Watch out for
- About 17 months of cash left at its current burn
- Losing money, losses are large next to sales
- Share count growing 8.5% a year
Money moves
- No insider buying or selling in the last 30 days
- Institutions cut 5.8% from their holdings in the quarter ending June 2026 (40 bought, 37 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$3.52+3.5% that day
From EH's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
Business quality
The checklist Warren Buffett-style investors use. Annual numbers for 2025.- MissReturn on equity 15%+Earns a lot on the money owners have in the business.-27.8%
- PassDebt under half of equityNot relying on borrowed money.0.09x equity
- MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-66.0%
- MissProfitable every yearSteady profits, not one good year.0 of 7 years
- MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$46.8M
- MissShare count not growingNot diluting owners. Falling means buybacks.+27.9% in 3 years
- PassGross margin 40%+Pricing power: sells for well above what it costs to make.61.5%
- Revenue
- $59.8M
- -4.4% vs prior year
- 5-year growth
- +16.7%/yr
- revenue, per year
- Total debt
- $13.2M
- 0.09x equity
- Current ratio
- 2.07x
- short-term assets / bills due
From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trendNo trades to chart yet.
Filing buzz
Last 7 days vs normal
0/ 100
- This week
- 0
- Normal week
- 0.4
- vs normal
- 0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady-5.8%Institutions cut 5.8% from their holdings. 40 bought, 37 sold.
Shares held by institutions18.2M
Sep '24Jun '26
Share count growthYearly rate, last 3 years
+8.5%Cash runwayAt last year's cash burn
17 monthsDebt to equityLatest balance sheet: debt compared with what owners have
0.1x · $13.2M debtShares outstandingLatest reported
147KWhy elevated risk- Losing money, losses are large next to sales
- About 17 months of cash left at its current burn
- Share count growing 8.5% a year
Next reportNot enough history
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.