Hesai Group

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Hesai Group excels in Q4, eyes global expansion and margin growth

Hesai Group's strong Q4 performance and successful IPO reflect robust growth and market acceptance.
Challenges ahead include margin pressures from increased ADAS sales and potential slowdown in Q1 ADAS units.
Opportunities lie in securing global OEM deals, expanding market presence, and shifting revenue split towards ADAS.
Overall, Hesai Group is well-positioned for growth with strategic partnerships and innovative LiDAR product offerings.

Hesai Group reports record revenue growth and navigates LiDAR challenges

Hesai Group's Q1 2023 performance reflects strong revenue growth and market leadership in LiDAR technology, with a positive outlook for increased shipments and product innovation.
Challenges include pricing pressures from declining ASP, evolving EV competition impacting feature integration, and the need to balance innovation with product longevity.
Opportunities lie in leveraging LiDAR for competitive advantage, expanding market presence in China's EV sector, and advancing R&D for enhanced product performance and cost efficiency.

Hesai Group reports record Q2 earnings, eyes market leadership

Hesai Group's Q2 2023 performance reflects exceptional growth in revenues and LiDAR shipments, positioning the company as a market leader.
While facing short-term margin pressure and OEM scrutiny, Hesai's strategic partnerships and product enhancements present significant growth opportunities.
Anticipated growth in shipments, stable gross margins, and a focus on safety standards underscore Hesai's strong market position and future potential.

Hesai Group excels in Q3, eyes global expansion and tech innovation

Hesai Group's Q3 performance exceeded expectations with strong revenue growth and margin maintenance.
The company's focus on innovation, partnerships, and quality positions it well for future growth.
Challenges in price competition and OpEx increase are being addressed strategically.
Opportunities lie in expanding margins, advanced technology adoption, and global market expansion.

Hesai Group reports strong Q4 earnings, eyes global LiDAR growth

Hesai Group's Q4 2023 earnings call highlighted robust financial performance, key partnerships, and technological advancements in LiDAR technology. Despite challenges related to the U.S. DoD dispute, the company remains focused on achieving profitability through cost management and operational efficiency. With a focus on ADAS applications and global OEM partnerships, Hesai anticipates strong revenue growth and increased demand for its products.

Hesai Group surpasses Q1 forecasts, eyes robotaxi revenue surge

Hesai Group's Q1 2024 Earnings Call showcased strong financial performance, strategic product introductions, and key partnerships. The company aims for significant revenue growth, exceeding LiDAR shipment targets, and advancing in the autonomous driving sector. Challenges include addressing competition, optimizing costs, and scaling strategies amidst industry developments.

Hesai Group surpasses Q3 revenue targets, eyes profitability in 2024

Hesai Group's strong Q3 performance and robust LiDAR technology position it for continued growth. While facing legal challenges and operational uncertainties, the company's strategic collaborations and new product launches offer promising opportunities for expansion and revenue diversification.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Hesai Group engages in the development, manufacture and sale of three-dimensional light detection and ranging(lidar) solutions. The company’s lidar products enable a broad spectrum of applications across passenger and commercial vehicles with advanced driver assistance systems (ADAS) and autonomous vehicle fleets. It operates through the Light Detection and Ranging (LiDAR), and Gas Detection segments. Hesai Group was founded by Yi Fan Li, Kai Sun, and Shao Qing Xiang in October 2014 and is headquartered in Shanghai, China.

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Hesai Group (NASDAQ: HSAI) resulting from allegations that Hesai may have issued materially misleading business information to the investing public. SO WHAT: If you purchased Hesai securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

HSAI INVESTOR NOTICE: ROSEN, A LONGSTANDING AND TRUSTED FIRM, Encourages Hesai Group Investors to Inquire About Securities Class Action Investigation – HSAI

Quarterly Net revenues were RMB409.2 million (US$59.3 million) 1 , an increase of 56.6% year-over-year Quarterly LiDAR shipments were 47,515 2 units, an increase of 739.2% year-over-year Full Year 2022 Net revenues were RMB1,202.7 million (US$174.4 million), an increase of 66.9% year-over-year Full Year 2022 LiDAR shipments were 80,462 units, an increase of 467.5% year-over-year

Hesai Group Reports Fourth Quarter and Full Year 2022 Unaudited Financial Results

- Earnings Call Scheduled for 9:00 p.m. ET on March 15, 2023 - - Earnings Call Scheduled for 9:00 p.m. ET on March 15, 2023 -

Hesai Group to Report Fourth Quarter and Full Year 2022 Financial Results on Wednesday, March 15, 2023

NEW YORK--(BUSINESS WIRE)--Deutsche Bank announced today its appointment as depositary bank for the NASDAQ-listed American Depositary Receipt program of Hesai Group. Hesai (NASDAQ: HSAI) is a provider of three-dimensional light detection and ranging (LiDAR) solutions. The Company's LiDAR products enable a broad spectrum of applications across passenger and commercial vehicles with advanced driver assistance systems, autonomous vehicle fleets, as well as applications in robotics.

Deutsche Bank Appointed as Depositary Bank for the Sponsored American Depositary Receipt Program of Hesai Group

Chinese sensor maker Hesai Group's shares closed 10.8% percent higher on their first day of trade in New York after it raised $190 million in an upsized initial public offering (IPO), the largest U.S. deal by a mainland Chinese company in more than a year.

Hesai Group rises in U.S. IPO, biggest for Chinese firm since 2021

Investors include Baidu, Xiaomi, Bosch, Lightspeed

China's Hesai Group Climbs In Nasdaq Debut On Autonomous Transport Hopes

SHANGHAI , Feb. 9, 2023 /PRNewswire/ -- On Feb 9 Beijing time, Hesai Technology ("Hesai"), a global leader in LiDAR technology and Qiming Venture Partners' portfolio company, began trading on Nasdaq. Hesai Technology (NASDAQ: HSAI) offered at $19/ADS and opened at $23.75/ADS, up by 25%, representing a market cap of $2.98 billion.

Qiming Venture Partners Celebrates Hesai Technology's IPO on Nasdaq

NEXTracker Inc

Two initial public offerings underwritten by major investment banks added shares ahead of their trading debuts on Thursday, as the new-issues market taps into strong gains by the broad equities market so far in 2023.

IPOs ride stock-market surge with debuts from Nextracker, Hesai Group and others

Hesai Group, a Chinese company that manufactures LiDAR imaging systems, has released pricing and public details about its upcoming IPO. Hesai is the first Chinese company to launch an American IPO since the end of China's zero-COVID policy, which will attract attention and concern from those wary of Chinese companies.

Hesai Group IPO: The Risk Of Chinese IPOs

Hesai Group HSAI, priced 10 million American depositary shares at $19 each in a bid to raise $190 million in its initial public offering on the Nasdaq on Thursday, as reported by IPOScoop.com. The Shanghai and Cayman Islands company priced the IPO at the top of its $17 to $19 estimate price range and added 1 million shares.

Hesai Group IPO prices atop its range for stock market debut

Hesai Group has filed proposed terms for a $162 million U.S. IPO. The firm designs and manufactures LiDAR imaging systems for various applications, including autonomous mobility.

IPO Update: Hesai Group Pursues $162 Million U.S. IPO

Hesai Group has filed to raise capital via a U.S. IPO. The firm develops and sells LiDAR systems for mobility and robotics industries worldwide.

News for Hesai Group Stock (HSAI)