Hesai Group (HKG:2525)
Hong Kong · Delayed Price · Currency is HKD 18.00
-0.69 (-3.69%)
Aug 24, 2026, 4:08 PM HKT
Hesai Group Income Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
| 3,337 | 3,028 | 2,077 | 1,877 | 1,203 | 720.77 | |
Revenue Growth | 33.98% | 45.76% | 10.66% | 56.07% | 66.86% | 73.46% |
Cost of Revenue | 1,981 | 1,762 | 1,193 | 1,216 | 730.68 | 338.97 |
Gross Profit | 1,357 | 1,265 | 884.59 | 661.38 | 471.99 | 381.8 |
Selling, General & Admin | 480.97 | 480.82 | 509.95 | 468.94 | 305.84 | 305.98 |
Research & Development | 850.26 | 796.94 | 855.64 | 790.55 | 555.18 | 368.44 |
Other Operating Expenses | 43.12 | 9.27 | -72.77 | 30.93 | -10.82 | -27.33 |
Operating Expenses | 1,374 | 1,287 | 1,293 | 1,290 | 850.2 | 647.08 |
Operating Income | -17.7 | -21.93 | -408.23 | -629.04 | -378.22 | -265.29 |
Interest Expense | -17.31 | -18.92 | -12.83 | -3.07 | - | - |
Interest & Investment Income | 241.09 | 130.24 | 104.4 | 99.81 | 58.73 | 32.58 |
Earnings From Equity Investments | -0.05 | -0.07 | -0.01 | -0.05 | -0.05 | -0.08 |
Currency Exchange Gain (Loss) | -53.18 | 2.16 | 14.58 | -0.45 | 20.86 | -13.28 |
Other Non Operating Income (Expenses) | 185.48 | 184.57 | -2.48 | 0.03 | -2.16 | 0.12 |
EBT Excluding Unusual Items | 338.34 | 276.03 | -304.57 | -532.76 | -300.83 | -245.94 |
Gain (Loss) on Sale of Investments | 175.56 | 175.56 | - | - | - | - |
Gain (Loss) on Sale of Assets | 36.97 | 36.97 | - | 12.24 | - | - |
Asset Writedown | -21.85 | -21.85 | - | - | - | - |
Legal Settlements | - | - | - | 45.21 | - | - |
Other Unusual Items | - | - | 203.32 | - | - | - |
Pretax Income | 529.02 | 466.72 | -101.25 | -475.31 | -300.83 | -245.94 |
Income Tax Expense | 30.81 | 30.84 | 1.13 | 0.66 | -0.07 | -1.12 |
Net Income | 498.21 | 435.88 | -102.38 | -475.97 | -300.77 | -244.83 |
Preferred Dividends & Other Adjustments | - | - | - | - | 446.42 | 2,211 |
Net Income to Common | 498.21 | 435.88 | -102.38 | -475.97 | -747.18 | -2,456 |
Net Income Growth | 383.02% | - | - | - | - | - |
Shares Outstanding (Basic) | 151 | 139 | 129 | 125 | 116 | 105 |
Shares Outstanding (Diluted) | 158 | 146 | 129 | 125 | 116 | 105 |
Shares Change | 17.75% | 13.35% | 3.53% | 8.00% | 10.05% | 16.79% |
EPS (Basic) | 3.29 | 3.13 | -0.79 | -3.81 | -6.47 | -23.39 |
EPS (Diluted) | 3.19 | 2.98 | -0.79 | -3.81 | -6.47 | -23.39 |
EPS Growth | 330.89% | - | - | - | - | - |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Free Cash Flow | -55.92 | -192.38 | -196.04 | -349.49 | -927.23 | -448.48 |
Free Cash Flow Per Share | -0.35 | -1.31 | -1.52 | -2.80 | -8.03 | -4.27 |
Gross Margin | 40.65% | 41.79% | 42.59% | 35.24% | 39.25% | 52.97% |
Operating Margin | -0.53% | -0.72% | -19.65% | -33.51% | -31.45% | -36.81% |
Profit Margin | 14.93% | 14.40% | -4.93% | -25.36% | -62.13% | -340.77% |
Free Cash Flow Margin | -1.68% | -6.35% | -9.44% | -18.62% | -77.10% | -62.22% |
EBITDA | 90.5 | 101.86 | -276.42 | -542.78 | -324.58 | -237.05 |
EBITDA Margin | 2.71% | 3.36% | -13.31% | -28.92% | -26.99% | -32.89% |
D&A For EBITDA | 108.21 | 123.79 | 131.81 | 86.27 | 53.63 | 28.23 |
EBIT | -17.7 | -21.93 | -408.23 | -629.04 | -378.22 | -265.29 |
EBIT Margin | -0.53% | -0.72% | -19.65% | -33.51% | -31.45% | -36.81% |
Effective Tax Rate | 5.83% | 6.61% | - | - | - | - |