Hesai Group (HSAI)
| Market Cap | 574.93M |
| Revenue (ttm) | 251.10M |
| Net Income (ttm) | -63.53M |
| Shares Out | 127.48M |
| EPS (ttm) | -0.50 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 427,903 |
| Open | 4.400 |
| Previous Close | 4.310 |
| Day's Range | 4.370 - 4.578 |
| 52-Week Range | 3.280 - 11.200 |
| Beta | n/a |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Nov 26, 2024 |
About HSAI
Hesai Group, through with its subsidiaries, engages in the development, manufacture, and sale of three-dimensional light detection and ranging solutions (LiDAR) in Mainland China, Europe, North America, and internationally. It operates in two segments, LiDAR and Gas Detection. The company also offers gas detection products; and engineering design, development, and validation services. Its LiDAR products are used in passenger and commercial vehicles with advanced driver assistance systems; autonomous vehicle fleets providing passenger and freigh... [Read more]
Financial Performance
In 2023, Hesai Group's revenue was 1.88 billion, an increase of 56.07% compared to the previous year's 1.20 billion. Losses were -475.97 million, -36.30% less than in 2022.
Financial numbers in CNY Financial StatementsNews
Hesai Group to Report Third Quarter 2024 Financial Results on Monday, November 25, 2024
SHANGHAI, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Hesai Group (“Hesai,” “Hesai Technology” or the “Company”) (NASDAQ: HSAI), the global leader in three-dimensional light detection and ranging (lidar) soluti...
China's Hesai to sue Pentagon after being reinstated to blacklist, FT reports
Chinese lidar manufacturer Hesai plans to sue the U.S. government after the Pentagon reinstated the company on its blacklist of Chinese firms linked to the military, Financial Times reported on Thursd...
Hesai Technology Announced as Exclusive Lidar Provider for Leapmotor's Next-Generation Vehicle Platform
PALO ALTO, Calif. , Oct. 22, 2024 /PRNewswire/ -- Hesai Technology (NASDAQ: HSAI), the global leader in lidar solutions, announced this week that it will be the exclusive provider of automotive long-r...
Pentagon removes lidar maker Hesai from US list of firms alleged to help Beijing's military
The U.S. Defense Department removed China-based lidar maker Hesai Group from a list of companies allegedly working with Beijing's military, according to a letter sent to Congress.
Hesai's Market Share: A Golden Investment Opportunity
Hesai, the market leader in LiDAR, dominates with a 37% market share and exclusive contracts with 19 OEMs, including top Chinese EV makers. The LiDAR market is expected to grow at a 39% CAGR, reaching...
Hesai and SAIC Volkswagen Sign New Partnership on Automotive Lidar Program
SHANGHAI , Oct. 1, 2024 /PRNewswire/ -- Hesai Technology (Nasdaq: HSAI), the global leader in lidar technology, announced today the signing of a cooperation framework with SAIC Volkswagen. The coopera...
Game-Changing Lidar OT128 from Hesai Unveiled at IAA Transportation, Accelerating Autonomous Vehicles' Commercial Deployment
HANNOVER, Germany , Sept. 16, 2024 /PRNewswire/ -- Hesai Technology (Nasdaq: HSAI), the global leader in lidar technology, is launching its powerful new lidar solution OT128 at Europe's biggest commer...
The First in the Global Lidar Industry: Hesai Obtained ISO 21448 Intended Functional Safety Process Certification
PALO ALTO, Calif. , Sept. 9, 2024 /PRNewswire/ -- Hesai Technology, a global leader in the lidar industry, has successfully passed a rigorous audit by TÜV SÜD and obtained the ISO 21448 Safety of the ...
Hesai Group (HSAI) Q2 2024 Earnings Call Transcript
Hesai Group (NASDAQ:HSAI) Q2 2024 Results Conference Call August 19, 2024 9:00 PM ET Company Participants Yuanting Shi - Investor Relations Director David Li - Co-Founder, CEO & Director Conference C...
Hesai: Results Are Mixed, With A Negative Top-Line Surprise And Bottom-Line Beat
Hesai Group reported narrower operating losses and a better-than-expected bottom-line performance in Q2 2024; the consensus forecasts point to Hesai turning profitable in the third quarter. On the fli...
Vipshop, Hesai Group And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session
U.S. stock futures were mixed this morning, with the S&P 500 futures gaining around 0.1% on Tuesday.
Hesai Group Reports Second Quarter 2024 Unaudited Financial Results
Quarterly net revenues were RMB458.9 million (US$63.1 million) 1 Quarterly lidar shipments were 86,526 units
Hesai Group Releases Inaugural Environmental, Social and Governance (ESG) Report
SHANGHAI, Aug. 19, 2024 (GLOBE NEWSWIRE) -- Hesai Group (“Hesai,” “Hesai Technology” or the “Company”) (NASDAQ: HSAI), the global leader in three-dimensional light detection and ranging (lidar) soluti...
Hesai Group to Report Second Quarter 2024 Financial Results on Monday, August 19, 2024
SHANGHAI, China, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Hesai Group (“Hesai,” “Hesai Technology” or the “Company”) (NASDAQ: HSAI), the global leader in three-dimensional light detection and ranging (lidar)...
Hesai Announces Design Wins with Three Top Global Automakers JV Brands
PALO ALTO, Calif. , July 30, 2024 /PRNewswire/ -- Hesai Technology (Nasdaq: HSAI), the global leader in lidar solutions, announced today three automotive lidar design wins with top global automakers' ...
Hesai and Westwell Partner to Accelerate Global Expansion in Autonomous Driving for Logistics
PALO ALTO, Calif. , July 29, 2024 /PRNewswire/ -- Hesai Technology (Nasdaq: HSAI), the global leader in lidar solutions, announced that it has entered into a strategic partnership with Westwell, a glo...
Baidu Selects Hesai as Exclusive Long-Range Lidar Provider for Next-Generation Robotaxis
PALO ALTO, Calif. , July 18, 2024 /PRNewswire/ -- Hesai Technology (Nasdaq: HSAI), the global leader in lidar safety technology for automotive and robotics applications, announced that they have been ...
Hesai Group Investors: Company Investigated by the Portnoy Law Firm
Investors can contact the law firm at no cost to learn more about recovering their losses
Hesai is Named No.1 Global Automotive Lidar Company for the 3rd Consecutive Year
PALO ALTO, Calif. , July 10, 2024 /PRNewswire/ -- For the third consecutive year, Hesai Technology (Nasdaq: HSAI) has secured the top ranking among automotive lidar companies in terms of market share,...
LIDAR Quarterly Insights Q1 2024 Summary
Western LiDAR companies face challenges in the consumer auto ADAS sector, with delays and significant cash expenditures. Ouster reports highest revenue and gross profit, leading to cash flow consumpti...
Hesai Group (HSAI) Q1 2024 Earnings Call Transcript
Hesai Group (NASDAQ:HSAI) Q1 2024 Results Conference Call May 21, 2024 9:00 PM ET Company Participants Yuanting Shi - Investor Relations Director Yifan Li - Co-Founder, CEO & Director Conference Call...
Hesai Group Reports First Quarter 2024 Unaudited Financial Results
Quarterly net revenues were RMB 359.1 million (US$ 49.7 million) 1 Quarterly lidar shipments were 59,101 units
Lidar maker Hesai sues US government, denies alleged link to China's military
China-based Hesai Group sued the U.S. government on Monday for adding the maker of lidar light sensors to a list of companies allegedly working with Beijing's military.
Hesai Group Announces Management and Board Changes
PALO ALTO, Calif. , May 13, 2024 /PRNewswire/ -- Hesai Group (NASDAQ: HSAI) ("Hesai" or the "Company"), the global leader in three-dimensional light detection and ranging (lidar) solutions, today anno...
Hesai Group to Report First Quarter 2024 Financial Results on Monday, May 20, 2024
SHANGHAI, China, April 29, 2024 (GLOBE NEWSWIRE) -- Hesai Group (“Hesai,” “Hesai Technology” or the “Company”) (NASDAQ: HSAI), the global leader in three-dimensional light detection and ranging (lidar...