YOLFTbeta
Hesai Group Sponsored ADR

Hesai Group Sponsored ADR

HSAI · NASDAQ · Consumer Cyclical / Auto Parts

14.42USD+0.25 (+1.76%)

Price History

Full chart

Market Stats

Previous Close14.17
Open14.20
Day Range14.01 – 14.44
52-Week Range14.29 – 29.35
Volume1.51M
Market Cap20.43B
P/E (TTM)32.50
Forward P/E17.36
EPS0.50
Dividend Yield0.00%
Beta1.36
50-Day Avg17.21
200-Day Avg21.00

About

Hesai Group, through with its subsidiaries, engages in the development, manufacturing, and sale of three-dimensional light detection and ranging solutions (LiDAR) in Mainland China, Europe, North America, and internationally. The company provides gas sensor products, validation services, solution service, and other services, as well as designs and develops engineering products. Its LiDAR products are used in passenger and commercial vehicles with advanced driver assistance systems; autonomous vehicle fleets providing passenger and freight mobility services; and other applications, such as last-mile delivery robots, street sweeping robots, and logistics robots in restricted areas. Hesai Group was founded in 2014 and is headquartered in Shanghai, China.

Company Details

  • SectorConsumer Cyclical
  • IndustryAuto Parts
  • CEODr. Yifan Li
  • Employees1.25K
  • HeadquartersBuilding A, Shanghai, China, 200050, USA
  • Websitehttps://www.hesaitech.com

Leadership

  • Dr. Yifan LiCo-Founder, Chairman of the Board & CEO · b. 1987
  • Dr. Kai SunCo-Founder, Chief Scientist & Executive Director · b. 1986
  • Mr. Shaoqing XiangCo-Founder, CTO & Executive Director · b. 1986
  • Mr. Peng FanChief Financial Officer · b. 1983
  • Ms. Cailian YangVP of Operations, Executive Director & Joint Company Secretary · b. 1991
  • Yuanting ShiHead of Capital Markets
  • Ms. Au YeungJoint Company Secretary · b. 1989

Financials

Income Statement

Currency: CNY2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue348.08M415.51M720.77M1.20B1.88B2.08B3.03B
Growth (%)-+19.37%+73.46%+66.86%+56.07%+10.66%+45.76%
Cost of Revenue103.38M176.60M338.97M730.68M1.22B1.19B1.76B
Gross Profit244.71M238.91M381.80M471.99M661.38M884.59M1.27B
Gross Margin70.30%57.50%52.97%39.24%35.24%42.59%41.79%
Operating Expense392.76M340.73M647.08M850.20M1.23B1.09B1.14B
Operating Income-148.05M-101.81M-265.29M-378.22M-571.59M-204.91M123.54M
Operating Margin-42.53%-24.50%-36.81%-31.45%-30.45%-9.86%4.08%
EBITDA21.77M-82.60M-217.63M-247.15M-385.93M-2.15M609.50M
EBITDA Margin6.25%-19.88%-30.19%-20.55%-20.56%-0.10%20.13%
Net Income-120.22M-107.22M-244.83M-300.76M-475.97M-102.38M435.88M
Net Income Margin-34.54%-25.80%-33.97%-25.01%-25.36%-4.93%14.40%
R&D149.82M229.65M368.44M555.18M790.55M855.64M796.94M
R&D as % of Total Revenue43.04%55.27%51.12%46.16%42.12%41.19%26.32%
Interest Expense281.82M31.30M6.07M151.88M3.07M12.83M18.41M
Interest Expense % of Total Revenue80.96%7.53%0.84%12.63%0.16%0.62%0.61%

Balance Sheet

Currency: CNY2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets178.35M1.31B3.95B3.84B5.66B5.99B11.27B
Total Liabilities44.96M174.93M902.55M997.66M1.80B2.06B2.30B
Total Equity133.40M1.14B-2.49B-3.15B3.86B3.93B8.96B
Cash16.18M256.69M449.35M913.28M1.55B2.84B1.67B
Total Debt---63.59M559.24M739.26M963.33M
Net Debt-16.18M-256.69M-449.35M-849.69M-995.34M-2.10B-705.24M

Cash Flow

Currency: CNY2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow46.17M-352.01M-228.39M-696.01M57.26M63.50M113.80M
Investing Cash Flow-779.50M179.03M-1.98B1.12B-1.06B955.88M-5.40B
Financing Cash Flow739.74M323.44M2.40B15.18M1.59B250.68M4.23B
Capital Expenditure39.58M76.58M281.60M240.39M414.67M271.36M300.94M
Free Cash Flow6.59M-428.59M-509.99M-936.40M-357.41M-207.85M-187.14M
Dividends Paid00507.62M017.51M0292.72M
FCF to OCF14.27%121.75%223.30%134.54%-624.18%-327.32%-164.45%
Dividend Paid to FCF0.00%0.00%-99.54%0.00%-4.90%0.00%-156.42%

Earnings

Report DateMar 15, 2023May 23, 2023Aug 14, 2023Nov 13, 2023Mar 11, 2024May 20, 2024Aug 19, 2024Nov 25, 2024Mar 10, 2025May 26, 2025Aug 14, 2025Nov 11, 2025Mar 24, 2026May 19, 2026Aug 18, 2026Nov 10, 2026
EPS Estimate-0.65-0.64-1.37-1.56-0.80-0.55-0.40-0.161.42-0.130.060.791.530.170.431.24
EPS Actual-1.18-0.98-0.32-0.81-0.79-0.54-0.34-0.341.260.060.322.001.110.290.01-
Surprise-81.54%-53.13%76.64%48.08%1.25%1.82%15.00%-112.50%-11.27%146.15%433.33%153.16%-27.68%70.59%-97.67%-
TimingAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-Pre-market-Pre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap20.43B
Enterprise Value1.75B
Trailing P/E32.50
Forward P/E17.36
PEG Ratio0.51
Price / Sales6.12
Price / Book1.92
EPS0.50
Book Value8.51
Revenue (TTM)3.34B
Gross Profit (TTM)1.36B
EBITDA90.50M
Profit Margin14.93%
Operating Margin0.25%
Return on Equity7.49%
Return on Assets-0.13%
Shares Outstanding1.04B
Shares Float126.23M
Beta1.36
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 14 analystsTarget 28.35
  • Strong Buy
    10
  • Buy
    3
  • Hold
    1

Ownership Breakdown

Institutions
32.71%
Insiders
4.35%
Retail / Other
62.94%

Top Institutional Holders

  • Schroder Investment Management Group
    7.11M4.53%
  • FMR Inc
    3.68M2.34%
  • Vanguard Capital Management, LLC
    2.93M1.87%
  • Deutsche Bank AG
    2.00M1.27%
  • Fidelity International Ltd
    1.92M1.22%
  • UBS Group AG
    1.87M1.19%
  • Broad Peak Investment Advisers Pte. Ltd.
    1.35M0.86%
  • Federated Hermes Inc
    1.23M0.78%
  • MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.
    1.02M0.65%
  • Wexford Capital LP
    1.01M0.64%
  • Nordea Investment Mgmt Bank Demark A/s
    847.48K0.54%
  • Vanguard Fiduciary Trust Co
    841.06K0.54%
  • Sam Sustainable Asset Management Ltd
    833.05K0.53%

Top Fund Holders

  • Fidelity China Special Situations Ord
    1.37M0.87%
  • Federated Hermes Asia exJpn Eq R EUR Acc
    1.15M0.73%
  • Hartford Schroders Emerging Mkts Eq I
    1.14M0.73%
  • Schroder ISF Em Mkts A Dis USD AV
    1.10M0.70%
  • Global X Robotics & Artfcl Intllgnc ETF
    1.00M0.64%
  • Fidelity Series Emerging Markets Opps
    812.29K0.52%
  • DWS Invest Artificial Intllgnc XC
    798.50K0.51%