Hesai Group (HKG:2525)

Revenue by Segment

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
The Development, Manufacturing, and Delivery of Lidar Products	2.08B	1.88B	1.20B	-	-
The Development, Manufacturing, and Delivery of Lidar Products Growth	10.66%	56.07%	-	-	-
Lidar	-	-	-	701.24M	346.92M
Lidar Growth	-	-	-	102.13%	5.59%
Gas Detection	-	-	-	19.53M	68.60M
Gas Detection Growth	-	-	-	-71.53%	251.21%
Total	2.08B	1.88B	1.20B	720.77M	415.51M
Total Growth	10.66%	56.07%	66.86%	73.46%	19.37%

Revenue by Geography

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Mainland China	1.54B	991.91M	697.29M	269.63M	185.52M
Mainland China Growth	55.54%	42.25%	158.61%	45.34%	47.58%
North America	280.87M	748.15M	358.55M	352.98M	201.19M
North America Growth	-62.46%	108.66%	1.58%	75.44%	33.70%
Europe	161.10M	70.50M	86.15M	67.91M	16.59M
Europe Growth	128.50%	-18.17%	26.86%	309.38%	-74.28%
Other Regions	92.40M	66.43M	60.67M	30.24M	12.22M
Other Regions Growth	39.09%	9.49%	100.63%	147.57%	64.80%
Total	2.08B	1.88B	1.20B	720.77M	415.51M
Total Growth	10.66%	56.07%	66.86%	73.46%	19.37%

Source: S&P Global Market Intelligence.