| Name | Market Cap | Current Price | P/E Ratio | Revenue Growth 1Y | Net Margin | ROE | FCF Yield | Debt/Equity |
|---|---|---|---|---|---|---|---|---|
| LAZRLuminar Technologies, Inc. | 5.92M | 0.08 | -0.01 | 8.05% | -308.45% | |||
| FRSXForesight Autonomous Holdings Ltd. | 6.17M | 1.41 | -0.28 | -12.27% | -26.52% | -216.92% | 0.23 | |
| INVZInnoviz Technologies Ltd. | 233.84M | 1.12 | -1.96 | 16.25% | -134.46% | -72.64% | 0.37 | |
| AEVAAeva Technologies, Inc. | 1.19B | 19.82 | -6.95 | 110.23% | -10.31% | -470.41% | 0.04 | |
| HSAIHesai Group | 3.72B | 28.61 | -36.22 | 10.66% | 15.64% | 4.86% | 0.19 | |
| LIDRAEye, Inc. | 91.91M | 2.04 | -453.33 | -86.2% | -193.21% | -44.97% | 0.28 |
| Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Sales/Revenue | 348.08M | 415.51M | 720.77M | 1.2B | 1.88B | 2.08B |
| Revenue Growth % | - | 0.19% | 0.73% | 0.67% | 0.56% | 0.11% |
| Cost of Goods Sold | 103.38M | 176.6M | 338.97M | 730.68M | 1.22B | 1.19B |
| COGS % of Revenue | 0.3% | 0.43% | 0.47% | 0.61% | 0.65% | 0.57% |
| Gross Profit | 244.71M | 238.91M | 381.8M | 471.99M | 661.38M | 884.59M |
| Gross Margin % | 0.7% | 0.57% | 0.53% | 0.39% | 0.35% | 0.43% |
| Gross Profit Growth % | - | -0.02% | 0.6% | 0.24% | 0.4% | 0.34% |
| Operating Expenses | 392.76M | 340.73M | 647.08M | 850.2M | 1.23B | 1.09B |
| OpEx % of Revenue | 1.13% | 0.82% | 0.9% | 0.71% | 0.66% | 0.52% |
| Selling, General & Admin | 93.85M | 126.46M | 305.98M | 305.84M | 468.94M | 509.94M |
| SG&A % of Revenue | 0.27% | 0.3% | 0.42% | 0.25% | 0.25% | 0.25% |
| Research & Development | 149.82M | 229.65M | 368.44M | 555.18M | 790.55M | 855.64M |
| R&D % of Revenue | 0.43% | 0.55% | 0.51% | 0.46% | 0.42% | 0.41% |
| Other Operating Expenses | 149.09M | -15.38M | -27.33M | -10.82M | -26.52M | -276.09M |
| Operating Income | -148.05M | -101.81M | -265.29M | -378.22M | -571.59M | -204.91M |
| Operating Margin % | -0.43% | -0.25% | -0.37% | -0.31% | -0.3% | -0.1% |
| Operating Income Growth % | - | 0.31% | -1.61% | -0.43% | -0.51% | 0.64% |
| EBITDA | -138.33M | -82.6M | -237.05M | -324.58M | -485.32M | -118.64M |
| EBITDA Margin % | -0.4% | -0.2% | -0.33% | -0.27% | -0.26% | -0.06% |
| EBITDA Growth % | - | 0.4% | -1.87% | -0.37% | -0.5% | 0.76% |
| D&A (Non-Cash Add-back) | 9.72M | 19.21M | 28.23M | 53.63M | 86.27M | 86.27M |
| EBIT | 12.05M | -101.81M | -245.86M | -300.79M | -472.2M | -204.91M |
| Net Interest Income | 19.11M | 20.93M | 32.58M | 58.73M | 96.74M | 91.57M |
| Interest Income | 19.11M | 20.93M | 32.58M | 58.73M | 99.81M | 104.4M |
| Interest Expense | 0 | 0 | 0 | 0 | 3.07M | 12.83M |
| Other Income/Expense | 28.76M | -5.6M | 19.34M | 77.39M | 96.28M | 103.66M |
| Pretax Income | -119.29M | -107.42M | -245.94M | -300.83M | -475.31M | -101.25M |
| Pretax Margin % | -0.34% | -0.26% | -0.34% | -0.25% | -0.25% | -0.05% |
| Income Tax | 930K | -199K | -1.11M | -66K | 658K | 1.13M |
| Effective Tax Rate % | 1.01% | 1% | 1% | 1% | 1% | 1.01% |
| Net Income | -120.22M | -107.22M | -244.83M | -300.76M | -475.97M | -102.38M |
| Net Margin % | -0.35% | -0.26% | -0.34% | -0.25% | -0.25% | -0.05% |
| Net Income Growth % | - | 0.11% | -1.28% | -0.23% | -0.58% | 0.78% |
| Net Income (Continuing) | -120.22M | -107.22M | -244.83M | -300.76M | -475.97M | -102.38M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 5.54B | 5.99B | 0 | 0 |
| EPS (Diluted) | -1.36 | -1.19 | -23.39 | -5.95 | -3.81 | -0.79 |
| EPS Growth % | - | 0.13% | -18.66% | 0.75% | 0.36% | 0.79% |
| EPS (Basic) | -0.96 | -1.19 | -23.39 | -5.95 | -3.81 | -0.79 |
| Diluted Shares Outstanding | 88.53M | 95.18M | 125.53M | 125.53M | 124.78M | 129.19M |
| Basic Shares Outstanding | 88.53M | 95.18M | 125.53M | 125.53M | 124.78M | 129.19M |
| Dividend Payout Ratio | - | - | - | - | - | - |
| Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Total Current Assets | 168M | 1.21B | 3.49B | 3.14B | 4.4B | 4.68B |
| Cash & Short-Term Investments | 146.96M | 902.69M | 2.79B | 1.86B | 3.16B | 3.2B |
| Cash Only | 16.18M | 256.69M | 449.35M | 913.28M | 1.55B | 2.84B |
| Short-Term Investments | 130.78M | 646M | 2.34B | 945.87M | 1.61B | 362.19M |
| Accounts Receivable | 7.63M | 94.66M | 245.26M | 509.41M | 544.51M | 797.28M |
| Days Sales Outstanding | 8 | 83.15 | 124.2 | 154.6 | 105.88 | 140.1 |
| Inventory | 11.43M | 149.93M | 376.24M | 646.85M | 495.88M | 482.14M |
| Days Inventory Outstanding | 40.37 | 309.87 | 405.13 | 323.12 | 148.89 | 147.56 |
| Other Current Assets | 1.1M | 28.34M | 8.03M | 15.18M | 35.63M | 22.08M |
| Total Non-Current Assets | 10.35M | 102.89M | 459.01M | 704.28M | 1.26B | 1.31B |
| Property, Plant & Equipment | 7.43M | 73.65M | 376.83M | 595.38M | 1.1B | 1.06B |
| Fixed Asset Turnover | 46.84x | 5.64x | 1.91x | 2.02x | 1.70x | 1.96x |
| Goodwill | 0 | 3.64M | 3.5M | 3.82M | 0 | 0 |
| Intangible Assets | 1.86M | 14.26M | 62.02M | 62.21M | 119.47M | 116.43M |
| Long-Term Investments | 285.69K | 1.99M | 1.9M | 31.86M | 31.81M | 31.8M |
| Other Non-Current Assets | 774.94K | 9.35M | 14.75M | 11.02M | 3.96M | 100.25M |
| Total Assets | 178.35M | 1.31B | 3.95B | 3.84B | 5.66B | 5.99B |
| Asset Turnover | 1.95x | 0.32x | 0.18x | 0.31x | 0.33x | 0.35x |
| Asset Growth % | - | 6.36% | 2.01% | -0.03% | 0.47% | 0.06% |
| Total Current Liabilities | 38.93M | 166.74M | 892.16M | 955.54M | 1.34B | 1.63B |
| Accounts Payable | 2.67M | 55.44M | 77.27M | 206.68M | 276.69M | 345.01M |
| Days Payables Outstanding | 9.43 | 114.58 | 83.2 | 103.24 | 83.08 | 105.59 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 118.94M | 355.35M |
| Deferred Revenue (Current) | 1000K | 0 | 1000K | 1000K | 1000K | 1000K |
| Other Current Liabilities | 29.08M | 46.45M | 5.58M | 4.96M | 730.97M | 352.66M |
| Current Ratio | 4.32x | 7.25x | 3.92x | 3.28x | 3.29x | 2.87x |
| Quick Ratio | 4.02x | 6.35x | 3.49x | 2.60x | 2.92x | 2.58x |
| Cash Conversion Cycle | 38.94 | 278.44 | 446.13 | 374.48 | 171.7 | 182.07 |
| Total Non-Current Liabilities | 6.03M | 8.19M | 10.39M | 42.13M | 465.12M | 428.94M |
| Long-Term Debt | 0 | 0 | 0 | 18.47M | 285.9M | 269.44M |
| Capital Lease Obligations | 0 | 0 | 0 | 10.14M | 119.41M | 98.37M |
| Deferred Tax Liabilities | 99.49K | 0 | 466K | 439K | 0 | 0 |
| Other Non-Current Liabilities | 5.93M | 8.19M | 9.92M | 13.07M | 59.81M | 61.13M |
| Total Liabilities | 44.96M | 174.93M | 902.55M | 997.66M | 1.8B | 2.06B |
| Total Debt | 0 | 0 | 0 | 63.59M | 559.24M | 739.26M |
| Net Debt | -16.18M | -256.69M | -449.35M | -849.69M | -995.34M | -2.1B |
| Debt / Equity | - | - | - | 0.02x | 0.14x | 0.19x |
| Debt / EBITDA | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - |
| Interest Coverage | - | - | - | - | -186.25x | -15.97x |
| Total Equity | 133.4M | 1.14B | 3.05B | 2.84B | 3.86B | 3.93B |
| Equity Growth % | - | 7.52% | 1.68% | -0.07% | 0.36% | 0.02% |
| Book Value per Share | 1.51 | 11.95 | 24.29 | 22.64 | 30.95 | 30.43 |
| Total Shareholders' Equity | 133.4M | 1.14B | -2.49B | -3.15B | 3.86B | 3.93B |
| Common Stock | 0 | 0 | 39K | 39K | 86K | 89K |
| Retained Earnings | -24.51M | -56.05M | -2.19B | -2.83B | -3.31B | -3.41B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 191.22K | -618K | 8.46M | -3.61M | -254.28M | 56.98M |
| Minority Interest | 0 | 0 | 5.54B | 5.99B | 0 | 0 |
| Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Cash from Operations | 46.17M | -352.01M | -228.39M | -696.01M | 57.26M | 63.5M |
| Operating CF Margin % | 0.13% | -0.85% | -0.32% | -0.58% | 0.03% | 0.03% |
| Operating CF Growth % | - | -8.62% | 0.35% | -2.05% | 1.08% | 0.11% |
| Net Income | -120.22M | -107.22M | -244.83M | -300.76M | -475.97M | -102.38M |
| Depreciation & Amortization | 9.72M | 19.21M | 28.23M | 53.63M | 86.27M | 131.81M |
| Stock-Based Compensation | 0 | 0 | 54.28M | 105.22M | 234.62M | 116.06M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -6.11M | 32.77M | 22.64M | 67.31M | 65.46M | 54.33M |
| Working Capital Changes | 162.77M | -296.78M | -88.72M | -621.41M | 146.88M | -136.32M |
| Change in Receivables | 6.96M | -82.44M | -115.64M | -256.62M | -97.84M | -265.68M |
| Change in Inventory | -32.39M | -83.61M | -237.75M | -305.55M | 145.98M | 26.7M |
| Change in Payables | -8.48M | 36.26M | 21.83M | 128.86M | 61.53M | 75.01M |
| Cash from Investing | -779.5M | 179.03M | -1.98B | 1.12B | -1.06B | 955.88M |
| Capital Expenditures | -39.58M | -66M | -220.1M | -231.21M | -406.75M | -259.54M |
| CapEx % of Revenue | 0.11% | 0.16% | 0.31% | 0.19% | 0.22% | 0.12% |
| Acquisitions | - | - | - | - | - | - |
| Investments | - | - | - | - | - | - |
| Other Investing | 0 | -10.56M | -61.49M | -11.14M | 7.97M | -11.82M |
| Cash from Financing | 739.74M | 323.44M | 2.4B | 15.18M | 1.59B | 250.68M |
| Debt Issued (Net) | - | - | - | - | - | - |
| Equity Issued (Net) | - | - | - | - | - | - |
| Dividends Paid | 0 | 0 | -507.62M | 0 | -17.51M | 0 |
| Share Repurchases | - | - | - | - | - | - |
| Other Financing | 0 | 6.29M | 507.03M | -3.3M | 5.8M | 34.14M |
| Net Change in Cash | - | - | - | - | - | - |
| Free Cash Flow | 6.59M | -428.59M | -509.99M | -936.4M | -357.41M | -207.85M |
| FCF Margin % | 0.02% | -1.03% | -0.71% | -0.78% | -0.19% | -0.1% |
| FCF Growth % | - | -66.04% | -0.19% | -0.84% | 0.62% | 0.42% |
| FCF per Share | 0.07 | -4.50 | -4.06 | -7.46 | -2.86 | -1.61 |
| FCF Conversion (FCF/Net Income) | -0.38x | 3.28x | 0.93x | 2.31x | -0.12x | -0.62x |
| Interest Paid | 0 | 0 | 0 | 0 | 3.07M | 8.05M |
| Taxes Paid | 8.66M | 8.66M | 213K | 1.23M | 0 | 425K |
| Metric | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -90.12% | -16.88% | -11.69% | -10.21% | -14.2% | -2.63% |
| Return on Invested Capital (ROIC) | -94.73% | -15.31% | -11.43% | -12.35% | -17.65% | -6.54% |
| Gross Margin | 70.3% | 57.5% | 52.97% | 39.24% | 35.24% | 42.59% |
| Net Margin | -34.54% | -25.8% | -33.97% | -25.01% | -25.36% | -4.93% |
| Debt / Equity | - | - | - | 0.02x | 0.14x | 0.19x |
| Interest Coverage | - | - | - | - | -186.25x | -15.97x |
| FCF Conversion | -0.38x | 3.28x | 0.93x | 2.31x | -0.12x | -0.62x |
| Revenue Growth | - | 19.37% | 73.46% | 66.86% | 56.07% | 10.66% |
| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Revenue From Lidar Products | 1.12B | 1.74B | 1.95B |
| Revenue From Lidar Products Growth | - | 54.62% | 12.19% |
| Engineering Design, Development And Validation Service And Solution Revenue | 43.1M | 100.49M | 100.29M |
| Engineering Design, Development And Validation Service And Solution Revenue Growth | - | 133.16% | -0.20% |
| Other Product Revenues | 5.66M | 2.77M | 19.26M |
| Other Product Revenues Growth | - | -51.03% | 594.52% |
| Service, Other | - | 11.61M | 10.83M |
| Service, Other Growth | - | - | -6.66% |
| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Mainland China | 697.29M | 991.91M | 1.54B |
| Mainland China Growth | - | 42.25% | 55.54% |
| North America | 358.55M | 748.15M | 280.87M |
| North America Growth | - | 108.66% | -62.46% |
| Europe | 86.15M | 70.5M | 161.09M |
| Europe Growth | - | -18.17% | 128.50% |
| Other Geographical Region | 60.67M | 66.43M | 92.39M |
| Other Geographical Region Growth | - | 9.49% | 39.09% |
Hesai Group (HSAI) reported $2.75B in revenue for fiscal year 2024. This represents a 689% increase from $348.1M in 2019.
Hesai Group (HSAI) grew revenue by 10.7% over the past year. This is steady growth.
Yes, Hesai Group (HSAI) is profitable, generating $429.7M in net income for fiscal year 2024 (-4.9% net margin).
Hesai Group (HSAI) has a return on equity (ROE) of -2.6%. Negative ROE indicates the company is unprofitable.
Hesai Group (HSAI) had negative free cash flow of $207.9M in fiscal year 2024, likely due to heavy capital investments.