Hesai Group (HKG:2525)
Hong Kong · Delayed Price · Currency is HKD 153.70
-3.30 (-2.10%)
At close: Mar 27, 2026
Hesai Group Income Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 3,028 | 2,077 | 1,877 | 1,203 | 720.77 | |
Revenue Growth (YoY) | 45.76% | 10.66% | 56.07% | 66.86% | 73.46% |
Cost of Revenue | 1,762 | 1,193 | 1,216 | 730.68 | 338.97 |
Gross Profit | 1,265 | 884.59 | 661.38 | 471.99 | 381.8 |
Selling, General & Admin | 480.82 | 509.95 | 468.94 | 305.84 | 305.98 |
Research & Development | 796.94 | 855.64 | 790.55 | 555.18 | 368.44 |
Other Operating Expenses | -181.42 | -276.09 | -14.28 | -10.82 | -27.33 |
Operating Expenses | 1,096 | 1,089 | 1,245 | 850.2 | 647.08 |
Operating Income | 168.75 | -204.91 | -583.83 | -378.22 | -265.29 |
Interest Expense | -18.92 | -12.83 | -3.07 | - | - |
Interest & Investment Income | 130.24 | 104.4 | 99.81 | 58.73 | 32.58 |
Earnings From Equity Investments | -0.07 | -0.01 | -0.05 | -0.05 | -0.08 |
Currency Exchange Gain (Loss) | 2.16 | 14.58 | -0.45 | 20.86 | -13.28 |
Other Non Operating Income (Expenses) | 184.57 | -2.48 | 0.03 | -2.16 | 0.12 |
EBT Excluding Unusual Items | 466.72 | -101.25 | -487.55 | -300.83 | -245.94 |
Gain (Loss) on Sale of Assets | - | - | 12.24 | - | - |
Pretax Income | 466.72 | -101.25 | -475.31 | -300.83 | -245.94 |
Income Tax Expense | 30.84 | 1.13 | 0.66 | -0.07 | -1.12 |
Net Income | 435.88 | -102.38 | -475.97 | -300.77 | -244.83 |
Preferred Dividends & Other Adjustments | - | - | - | 446.42 | 2,211 |
Net Income to Common | 435.88 | -102.38 | -475.97 | -747.18 | -2,456 |
Shares Outstanding (Basic) | 139 | 129 | 125 | 116 | 105 |
Shares Outstanding (Diluted) | 146 | 129 | 125 | 116 | 105 |
Shares Change (YoY) | 13.35% | 3.53% | 8.00% | 10.05% | 16.79% |
EPS (Basic) | 3.13 | -0.79 | -3.81 | -6.47 | -23.39 |
EPS (Diluted) | 2.98 | -0.79 | -3.81 | -6.47 | -23.39 |
Free Cash Flow | -192.38 | -196.04 | -349.49 | -927.23 | -448.48 |
Free Cash Flow Per Share | -1.31 | -1.52 | -2.80 | -8.03 | -4.27 |
Gross Margin | 41.79% | 42.59% | 35.24% | 39.25% | 52.97% |
Operating Margin | 5.57% | -9.87% | -31.11% | -31.45% | -36.81% |
Profit Margin | 14.40% | -4.93% | -25.36% | -62.13% | -340.77% |
Free Cash Flow Margin | -6.35% | -9.44% | -18.62% | -77.10% | -62.22% |
EBITDA | 300.56 | -73.1 | -497.56 | -324.58 | -237.05 |
EBITDA Margin | 9.93% | -3.52% | -26.51% | -26.99% | -32.89% |
D&A For EBITDA | 131.81 | 131.81 | 86.27 | 53.63 | 28.23 |
EBIT | 168.75 | -204.91 | -583.83 | -378.22 | -265.29 |
EBIT Margin | 5.57% | -9.87% | -31.11% | -31.45% | -36.81% |
Effective Tax Rate | 6.61% | - | - | - | - |
Source: S&P Global Market Intelligence. Standard template. Financial Sources.