Hesai Group (HKG:2525)
Hong Kong · Delayed Price · Currency is HKD 16.67
-0.09 (-0.54%)
Aug 3, 2026, 4:08 PM HKT
Hesai Group Balance Sheet
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | 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 |
Cash & Equivalents | 1,238 | 1,663 | 2,839 | 1,555 | 913.28 | 449.35 |
Short-Term Investments | 4,479 | 3,102 | 373.23 | 1,608 | 957.86 | 2,352 |
Cash & Short-Term Investments | 5,717 | 4,765 | 3,212 | 3,163 | 1,871 | 2,801 |
Cash Growth | 100.09% | 48.35% | 1.57% | 69.02% | -33.20% | 210.30% |
Accounts Receivable | 1,166 | 1,357 | 797.28 | 544.51 | 497.64 | 232.36 |
Other Receivables | - | 80.34 | 33.51 | 26.9 | 11.77 | 12.9 |
Receivables | 1,166 | 1,437 | 830.78 | 571.41 | 509.41 | 245.26 |
Inventory | 721.74 | 670.45 | 482.14 | 495.88 | 646.85 | 376.24 |
Prepaid Expenses | - | 11.44 | 23.08 | 16.37 | 10.11 | 9.12 |
Restricted Cash | 3.96 | 4.01 | 3.59 | 3.54 | - | - |
Other Current Assets | 348.68 | 180.66 | 130.87 | 147.78 | 97.6 | 61.7 |
Total Current Assets | 7,957 | 7,069 | 4,683 | 4,398 | 3,135 | 3,493 |
Property, Plant & Equipment | 1,192 | 1,209 | 1,058 | 1,023 | 549.3 | 321.63 |
Long-Term Investments | 1,541 | 2,782 | 31.8 | 31.81 | 31.86 | 1.9 |
Goodwill | - | - | - | - | 3.82 | 3.5 |
Other Intangible Assets | 131.77 | 134.52 | 116.43 | 119.47 | 62.21 | 62.02 |
Other Long-Term Assets | 80.21 | 67.32 | 100.25 | 90.17 | 57.1 | 69.96 |
Total Assets | 10,902 | 11,261 | 5,990 | 5,663 | 3,839 | 3,952 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | 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 |
Accounts Payable | 595.04 | 742.76 | 355.11 | 276.69 | 206.68 | 77.27 |
Accrued Expenses | 383.28 | 431.02 | 373.37 | 280.02 | 214.38 | 250.83 |
Short-Term Debt | 482.17 | 331.78 | 228.8 | 109.9 | - | - |
Current Portion of Long-Term Debt | - | 116.46 | 116.45 | 1.78 | - | - |
Current Portion of Leases | - | 36.76 | 16.1 | 34.99 | 34.98 | - |
Current Income Taxes Payable | 27.52 | 27.16 | - | - | - | - |
Current Unearned Revenue | 23.81 | 21.02 | 32.99 | 79.93 | 40.38 | 122.6 |
Other Current Liabilities | 87.93 | 188.39 | 506.12 | 551.79 | 459.12 | 441.46 |
Total Current Liabilities | 1,600 | 1,895 | 1,629 | 1,335 | 955.54 | 892.16 |
Long-Term Debt | 258.16 | 278.73 | 269.44 | 285.9 | 18.47 | - |
Long-Term Leases | 76.82 | 85.56 | 98.37 | 119.41 | 10.14 | - |
Long-Term Deferred Tax Liabilities | - | - | - | - | 0.44 | 0.47 |
Other Long-Term Liabilities | 41.82 | 42.91 | 61.13 | 59.81 | 6,000 | 5,550 |
Total Liabilities | 1,977 | 2,303 | 2,058 | 1,800 | 6,985 | 6,443 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | 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 |
Common Stock | 0.11 | 0.11 | 0.09 | 0.09 | 0.04 | 0.04 |
Additional Paid-In Capital | 11,958 | 11,926 | 7,577 | 7,424 | - | - |
Retained Earnings | -2,956 | -2,974 | -3,410 | -3,307 | -2,831 | -2,189 |
Comprehensive Income & Other | -76.65 | 6.53 | -235.75 | -254.28 | -313.84 | -301.76 |
Total Common Equity | 8,926 | 8,959 | 3,932 | 3,862 | -3,145 | -2,491 |
Shareholders' Equity | 8,926 | 8,959 | 3,932 | 3,862 | -3,145 | -2,491 |
Total Liabilities & Equity | 10,902 | 11,261 | 5,990 | 5,663 | 3,839 | 3,952 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | 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 |
Total Debt | 817.16 | 849.28 | 729.16 | 551.99 | 63.59 | - |
Net Cash (Debt) | 4,900 | 3,916 | 2,483 | 2,611 | 1,808 | 2,801 |
Net Cash Growth | 122.03% | 57.71% | -4.89% | 44.43% | -35.47% | 210.30% |
Net Cash Per Share | 31.74 | 26.74 | 19.22 | 20.92 | 15.65 | 26.68 |
Filing Date Shares Outstanding | 156.21 | 156.44 | 132.47 | 127.48 | 125.53 | 115.53 |
Total Common Shares Outstanding | 156.21 | 156.15 | 131.16 | 127.03 | 115.53 | 60.98 |
Working Capital | 6,357 | 5,174 | 3,054 | 3,063 | 2,180 | 2,601 |
Book Value Per Share | 57.14 | 57.37 | 29.98 | 30.41 | -27.22 | -40.84 |
Tangible Book Value | 8,794 | 8,824 | 3,815 | 3,743 | -3,211 | -2,556 |
Tangible Book Value Per Share | 56.29 | 56.51 | 29.09 | 29.46 | -27.79 | -41.92 |
Land | - | 42.44 | 39.31 | 39.31 | - | - |
Buildings | - | 342.71 | 342.67 | - | - | - |
Machinery | - | 908.85 | 689.58 | 384.7 | 260.54 | 94.08 |
Construction In Progress | - | 77.44 | 65.4 | 534.4 | 264.75 | 218.46 |
Leasehold Improvements | - | 112.87 | 81.43 | 67.68 | 64 | 48.9 |