TickerFacts.

Company research / HSAI

Hesai Group (HSAI)

Also trades as HSIGF. Every security a company lists rests on one set of financial statements, so these figures cover the whole company.

Build a valuation ↗↓ Download CSV

CIK 0001861737 · Nasdaq · General Industrial Machinery & Equipment, NEC

  • Sector Manufacturing
  • Fiscal year ends Dec 31

For the year ended 2025-12-31, Hesai Group reported revenue of 3.03B CNY. Revenue grew 45.8% from the prior annual period.

Key ratios (year ended 2025-12-31)

41.8%
Gross margin
5.6%
Operating margin
14.4%
Net margin
4.9%
Return on year-end equity
45.8%
Revenue growth (YoY)

Beyond the statements

Follow the company.

Explore new filings, reported insider transactions and company relationships.

Open company research ↗

Latest selected filing: Form 4 (ownership change) · 2026-09-21

Annual financials

Annual flows and balances are grouped by their actual period end. Select a figure to open its SEC filing. n/a means a matching observation is unavailable. Free cash flow is operating cash flow minus capital expenditures, and EBITDA is operating income plus depreciation and amortization, for the same period, computed by TickerFacts.

Period ended2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-31
Revenue3.03B CNY2.08B CNY1.88B CNY1.20B CNY720.77M CNY415.51M CNY
Cost of Revenue1.76B CNY1.19B CNY1.22B CNY730.68M CNY338.97M CNY176.60M CNY
Gross Profit1.27B CNY884.59M CNY661.38M CNY471.99M CNY381.80M CNY238.91M CNY
R&D Expense796.94M CNY855.64M CNY790.55M CNY555.18M CNY368.44M CNY229.65M CNY
Operating Income168.75M CNY-204.91M CNY-571.59M CNY-378.22M CNY-265.29M CNY-101.81M CNY
Depreciation & Amortization123.79M CNY131.81M CNY86.27M CNY53.63M CNY28.23M CNY19.21M CNY
EBITDA292.54M CNY-73.10M CNY-485.32M CNY-324.58M CNY-237.05M CNY-82.60M CNY
Net Income435.88M CNY-102.38M CNY-475.97M CNY-300.76M CNY-244.83M CNY-107.22M CNY
EPS (Diluted)2.98 CNY-0.79 CNY-3.81 CNY-6.47 CNY-23.39 CNY-1.19 CNY
Total Assets11.26B CNY5.99B CNY5.66B CNY3.84B CNY3.95B CNYn/a
Total Liabilities2.30B CNY2.06B CNY1.80B CNY997.66M CNY902.55M CNYn/a
Long-Term Debt278.73M CNY269.44M CNY285.90M CNY18.47M CNYn/an/a
Shareholders' Equity8.96B CNY3.93B CNY3.86B CNY-3.15B CNY-2.49B CNY1.14B CNY
Cash & Equivalents1.66B CNY2.84B CNY1.55B CNY913.28M CNY449.35M CNYn/a
Operating Cash Flow116.99M CNY63.50M CNY57.26M CNY-696.01M CNY-228.39M CNY-352.01M CNY
Capital Expenditures309.37M CNY259.54M CNY406.75M CNY231.21M CNY220.10M CNY66.00M CNY
Free Cash Flow-192.38M CNY-196.04M CNY-349.49M CNY-927.23M CNY-448.48M CNY-418.01M CNY
Weighted Average Diluted Shares146.44M129.19M124.78M115.53M104.99M89.90M
EPS (Basic)3.13 CNY-0.79 CNY-3.81 CNY-6.47 CNY-23.39 CNY-1.19 CNY

Price chart

Chart and quotes by TradingView. Exchange coverage and delays vary.

Open chart on TradingView